Skip to content
603-288-0111 631-369-0888
The Washwick Agency

2212 Main St
Bethlehem, NH 03574

Get Directions

860 East Main Street
Riverhead, NY 11901

Get Directions

Author: admin

How Often Should You Review Your Life Insurance Policy?

Posted on by admin

Life insurance is not a set it and forget it decision. Major changes like marriage, having children, buying a home, or changing jobs can all affect how much coverage you need and who should be listed as beneficiaries. Reviewing your policy after these events helps to ensure that it still fits your life.

Reviewing Coverage Amounts and Term Length

Over time, your financial responsibilities may grow or shrink. A policy that once felt sufficient may no longer cover outstanding debts, income replacement, or future expenses like education. For term policies, reviewing how many years remain can help you plan for renewal or replacement before coverage ends.

Beneficiary Updates Matter

Beneficiary designations do not update automatically. Divorce, remarriage, or the loss of a loved one can leave outdated information on file. Reviewing your policy ensures benefits go to the people you intend and helps avoid delays or disputes during a difficult time.

Changes in Health and Insurance Options

Your health and the insurance market can change over time. Improvements in health may qualify you for better rates, while new products or riders may offer more flexible options. Periodic reviews help you understand whether your current policy is still competitive.

How Often a Review Makes Sense

Many advisors recommend reviewing your life insurance policy every few years, even if nothing major has changed. A regular check in helps catch small issues before they become big problems and keeps your coverage aligned with your long-term goals.

At The Washwick Agency, We’re Here To Serve Bethlehem, NH

If you’re looking for life insurance, the team at The Washwick Agency, serving Bethlehem, NH, is here to help. Reach out to us today to set up an appointment with one of our agents to learn more.

When Should You Update Your Life Insurance?

Posted on by admin

Some people believe that buying life insurance in Bethlehem, NH, is a one-and-done deal. However, nothing could be further from the truth. When you purchase a life insurance policy, you should review it periodically. But when should you do this? The Washwick Agency can help you review your life insurance needs at appropriate times to stay current.

Events Requiring a Life Insurance Review

If you buy life insurance when you are young, your circumstances often change. Certain life events necessitate a review of your policies, beneficiaries and the payouts. Experts recommend reviewing your policies and beneficiaries at least once a year, yet many people do not. If you don’t perform an annual review, consider looking over your policies when one of these life events occurs:

  • Getting married or divorced
  • Having or adopting a child
  • Buying a home
  • Taking on significant debt
  • Significant job or income changes
  • Improvements or declines in health

Less common events involve becoming a guardian or having a family member become financially dependent on you.

Why You Need to Review

Reviewing your life insurance policies accomplishes several tasks. Depending on the circumstances, you may need to change your beneficiaries. You also need to ensure that your coverage amount aligns with your financial obligations. You may want to adjust benefits upward or downward depending on your circumstances.

Reviewing your coverage could also make you more aware of a better or less expensive policy through another insurance carrier. Your review may lead you to add another life insurance policy or possibly change to a different type. Older individuals often change to term policies to cover death expenses.

Buying life insurance is easier than you think when you work with The Washwick Agency, serving Bethlehem, NH. Contact our office to review your life insurance options.

The Reason for the Different Parts of Medicare Insurance

Posted on by admin

Navigating health insurance can feel overwhelming, with Medicare often at the top of the list. But understanding its distinct parts can make this essential program clearer and more accessible. Our insurance team at The Washwick Agency, serving Bethlehem, NH, is here to break it down for you.

Your Guide to Medicare’s Four Parts

Medicare is a federally run healthcare insurance program, typically for individuals 65 and older, although coverage is also available for some individuals under the age of 65 with certain disabilities and specific end-stage diseases. Medicare is divided into different parts to simplify coverage options and address diverse healthcare needs.

Medicare Part A and Medicare Part B

The program is divided into Medicare Part A (hospital coverage) and Medicare Part B (medical coverage), commonly referred to as Original Medicare, designed to pay for healthcare essentials. However, it doesn’t cover every healthcare service, which is where Medicare Part C and Medicare Part D come into play, as detailed below.

Medicare Part C and Medicare Part D Coverage

Routine eye exams, yearly hearing exams, dental and prescription drug coverage for seniors in and around Bethlehem, NH, do not fall under the umbrella of Original Medicare. Moreover, coverage is limited or nonexistent if you’re injured or get sick while traveling outside the United States. You’d need additional insurance coverage for healthcare services that aren’t categorized as essential care.

Medicare Part D is prescription drug coverage provided by private insurance companies. It helps cover the cost of both generic and brand-name medications. Coverage for medications may vary depending on the insurance company’s specific formulary, which outlines the drugs it covers.

Medicare Part C, also known as Medicare Advantage, is an alternative coverage to Original Medicare coverage that’s offered through private insurance companies. Unlike Original Medicare, Medicare Part C often has network restrictions. Your coverage reimbursement may be reduced if you use doctors or treatment facilities that are not part of the insurance company’s approved network. While Part C bundles the separate Medicare parts into a single policy, you should thoroughly evaluate if it meets your medical needs and budget.

Summarizing the Four Parts of Medicare Insurance

To summarize, the four parts of Medicare insurance are:

  • Medicare Part A for hospital stays and inpatient care.
  • Medicare Part B for doctor visits, preventative care, and outpatient services.
  • Medicare Part C combines Parts A and B, and often includes vision, dental, hearing, and prescription drugs (as Medicare Advantage) through private insurers, but with in-network restrictions.
  • Medicare Part D for prescription drugs through private insurers.

Get a Quote from The Washwick Agency

Ready to explore your Medicare options? Contact The Washwick Agency, serving Bethlehem, NH, at 603-288-0111 or email us for personalized advice and a customized quote. Let us help you navigate Medicare insurance to meet your unique needs.

Can You Get RV Insurance for Your Jet Ski?

Posted on by admin

When you think of a recreational vehicle, you might extend the definition of recreation to anything that isn’t a standard sedan. However, there are rules for RV insurance that you should know about if you live in Bethlehem, NH. The Washwick Agency can tell you more about what you can insure under this policy and when you’ll need to consider additional types of coverage. 

Jet Skis and RV Insurance 

If you’re getting RV insurance, it’s typically for a vehicle that contains living quarters, basically a motorhome or a trailer home. A jet ski would be covered under boat/watercraft insurance. (Under this same principle, not even an ATV would be covered by RV insurance.) While there may be some exceptions in some corners of the world, it’s important to know how insurance companies generally define different assets, so you can get the best coverage. 

How To Find the Right Insurance 

When general terms like recreation do little to tell you about what the insurance sector does, it can help to talk to an expert about what you want to cover and how much coverage you need based on your habits, lifestyle, and general expectations for when certain events occur. Whether you need insurance now or you’re casually shopping for a jet ski or motorhome, the team at The Washwick Agency can help you sort through your questions. 

Here, we know how to extend your coverage so you’re protected from everything, from theft to breakdowns. Contact us to learn more about boat/watercraft insurance and other policies, and how you can structure them so you’re only paying for the terms and conditions you care about. We’re currently serving Bethlehem, NH.

Does Motorcycle Insurance Coverage Protect Against Passenger Lawsuits?

Posted on by admin

For riders in New Hampshire, motorcycles represent freedom, whether it’s a quiet solo ride along the lakes or a group cruise down the highway with fellow enthusiasts. Often, riders bring along a loved one, such as a long-time spouse, a special friend, or a buddy eager to experience life on the road. A common question arises: does motorcycle insurance through The Washwick Agency, serving Bethlehem, NH, protect against lawsuits if a passenger is injured in an accident?

Liability Coverage for Passengers

Most motorcycle insurance policies include bodily injury liability coverage, which applies to anyone injured in an accident, including passengers and the motorcycle’s operator. If your passenger files a lawsuit after being hurt, this coverage typically helps pay for medical expenses, legal defense costs, and settlements, up to the policy limits. Without this protection, you could face significant out-of-pocket expenses.

Medical Payments Coverage

Many policies also offer medical payments coverage, which helps pay for your passenger’s medical bills regardless of who is at fault. While this coverage doesn’t replace liability protection, it can ease immediate financial burdens and help maintain goodwill between the rider and passenger after an accident.

Riding Solo Versus Riding in Groups

Accidents can happen in any setting, whether in heavy traffic or during group rides. Even in group rides, a sudden stop or unexpected hazard can trigger a chain reaction, leaving riders and passengers vulnerable to injury. The type of motorcycle you ride, whether it’s a Harley, sport bike, or cruiser, doesn’t change the importance of having adequate coverage when someone else is riding with you.

With the right motorcycle insurance through The Washwick Agency, serving Bethlehem, NH, you can ride confidently, knowing you’ve taken steps to protect yourself and your passengers. Contact your insurance representative today to learn more about securing comprehensive motorcycle coverage.

Unique Types of Watercraft to Consider Insuring

Posted on by admin

When most people think about boat insurance, they picture speedboats, sailboats, or perhaps a fishing vessel. However, the world of watercraft is vast, and if you own something unique, you might wonder if it qualifies for insurance. At The Washwick Agency, serving Bethlehem, NH, we’ve seen it all, and yes, many unique watercraft can and should be insured.

Personal Watercraft Are Just the Beginning

Jet Skis and WaveRunners are among the most popular personal watercraft, and they absolutely need insurance. These vessels are fast, agile, and often used in crowded waters, which increases the risk of accidents. But they’re just the tip of the iceberg when it comes to insurable watercraft.

Houseboats Deserve Full Protection

If your boat doubles as a home, it’s more than just a weekend toy. Houseboats have unique insurance needs because they combine elements of homeowners and watercraft policies. From onboard appliances to liability for guests, a customized policy is essential if you’re living the floating life.

Kayaks, Canoes, and Paddleboards

You might not think about insuring your kayak or paddleboard, but if they’re high-end or used frequently, it’s worth considering. These smaller vessels can be damaged, lost, or even stolen. If you’re using them in busy waterways, liability coverage can also be a smart addition.

Even Sailboats and Pontoon Boats Need Coverage

Sailboats and pontoon boats may seem low-risk, but they’re still an investment. Whether you’re leisurely cruising on a lake or navigating coastal waters, having the right policy ensures your vessel is protected.

Let’s Talk About Your Watercraft

No matter what you’re floating on, make sure it’s protected. The Washwick Agency, serving Bethlehem, NH, is here to help you find insurance that fits your watercraft and lifestyle. Contact us today and sail with confidence.

How to Get More Liability Coverage With Umbrella Insurance

Posted on by admin

If you already have home and auto insurance but want additional protection, umbrella insurance is the next step. This type of insurance offers robust financial protection in the event of an accident and operates differently from standard policies. If you need more liability coverage—and most people do—umbrella insurance offers the extra protection you need. To get started with umbrella insurance, contact The Washwick Agency in Bethlehem, NH today.

Enhanced Liability Coverage

Your home and auto insurance policies include liability coverage, but the limits are often insufficient to cover the costs of a major accident. If an expensive accident occurs, you could be left with bills that exceed your policy limits, putting you in a difficult financial situation. Umbrella insurance provides an additional layer of liability coverage, offering substantial protection beyond what your existing policies provide. With an umbrella policy, you can safeguard yourself against significant financial risks.

Covering Overages

When your home or auto insurance policy reaches its maximum payout for liability, any remaining expenses become your responsibility—unless you have umbrella insurance. Umbrella insurance acts as secondary coverage, stepping in to pay the overages that your primary policy cannot cover. This additional protection can prevent serious financial hardship after a major accident.

Secure Your Umbrella Insurance Today

Relying solely on the liability coverage included in your current policies may leave you vulnerable. To ensure better protection, consider an umbrella policy. Contact The Washwick Agency in Bethlehem, NH today to learn more and get started.

A Young Adult’s Guide to Choosing the Right Health Insurance Coverage

Posted on by admin

Health insurance is rarely static throughout your life. Young adults often struggle to recognize how their medical needs will evolve as they age. The Washwick Agency in Bethlehem, NH, is dedicated to educating young adults about the importance of healthcare. Their team provides personalized assistance to help young adults select health insurance coverage that adapts to life’s changes.

Evaluate Your Health Condition

Before choosing a health insurance plan, it’s essential to assess your current health status. Schedule a physical exam to determine whether you are healthy, have a pre-existing condition, or are in the early stages of a chronic illness. The latter two scenarios may require ongoing medical care, which should be factored into your insurance decision.

Understanding Your Insurance Options

Navigating the insurance marketplace can be overwhelming for young adults. Many in this age group may feel that health insurance is not a priority. However, it’s crucial to research all available provider networks before selecting a plan to ensure you make an informed decision.

Choose a Provider Network

Before committing to a health insurance plan, verify whether your physician is part of the provider network you’re considering. Additionally, confirm that your preferred hospital and other medical facilities are included in the network.

Two popular provider network options are Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). HMOs require you to use doctors within the network and obtain a referral from your primary care physician to see specialists outside the network. PPOs, on the other hand, offer more flexibility in choosing a primary care physician and accessing specialists.

Health insurance can be a challenging decision for young adults: How much coverage is enough? If you have questions, contact The Washwick Agency in Bethlehem, NH. Our knowledgeable staff can help create a policy tailored to your insurance needs. Call us today to schedule an appointment.

Life insurance for every season of your life

Posted on by admin

Life insurance isn’t a one-time purchase but a policy that should adapt to your changing needs throughout your life. At The Washwick Agency in Bethlehem, NH, we strive to ensure that your life insurance policy keeps pace with the stages of your life. As independent insurance agents, our primary responsibility is to you, and we provide personalized service tailored to your needs.

Young Adult

This is the stage of life when life insurance is most affordable. However, it’s also when you might feel you need it the least. It’s a dilemma: to buy or not to buy. Investing in whole-life coverage is a way to start your financial planning. It allows you to accumulate cash value while also providing a death benefit.

Marriage

This may be the first time in your life that someone else may be somewhat dependent on you. Your spouse is likely employed, and they don’t necessarily rely on you for their entire support. However, if you have a mortgage, it might be too burdensome for just one income.

Parenthood

Having children is one of the most transformative stages of your life. They are a responsibility that begins at birth and continues for many years. You need to have enough life insurance to allow your children to stay in the home they love. You need to calculate how many years you will need to provide for.

Retirement

By the time you reach retirement age, you will likely need less coverage for dependents since they are probably grown and independent. Your insurance agent can provide the information you need to decide the amount of coverage you need.

Contact us at Washwick Agency in Bethlehem, NH, to discuss any life insurance needs you may have.

When Is It Time to Consider Medicare Insurance?

Posted on by admin

Insurance and health often go hand in hand, regardless of age. From our first pediatrician visits to the times when our health isn’t what it once was, healthcare can significantly impact our comfort and happiness. That’s why many older adults in the Bethlehem, NH area trust the friendly team at The Washwick Agency for their health and Medicare insurance needs.

When Is It Time to Consider Medicare Insurance?

Throughout our lives, our healthcare needs and the providers we use change. As children, we visit pediatricians. As adults, we typically see family doctors. As we age, we may see geriatric specialists who specialize in working with older adults. Similarly, our healthcare insurance often aligns with our life stages. For many older adults, this means considering Medicare insurance options. Medicare insurance is generally designed for people aged 65 and older. It’s a good idea to discuss this with your local agent before reaching this age – it’s never too early to plan ahead.

Medicare Insurance Options for Bethlehem, NH Residents

If you live in or around the Bethlehem, NH area and would like to learn more about Medicare insurance or how to get coverage, we can help. Contact us to find out more and schedule an appointment with our professional and helpful team at The Washwick Agency today. We can provide the Medicare insurance solutions you need and deserve to make the most of every day.

Our Services

Servicing States

We have expanded our services into multiple states! Don’t see your state listed, reach out anyway!

  • New Hampshire
  • Maine
  • Vermont
  • New York (Long Island, NYC)
  • Florida
  • South Carolina
  • Texas
  • Maryland
  • Connecticut

Testimonials

quote-icon Comparing Quotes - Made Simple

Compare your unique insurance quotes
online via our comparative quoting form.

Get Started Today!

Get A Quote!