Health Insurance FAQs

The decision you make about your health insurance is one of the most important you make every year. It will determine the kind of health insurance coverage that you will have for the next year. If you get it wrong, a year can seem like a really long time. At Epic Insurance in Lees Summit, MO, we are an independent insurance agency and, as such, we deal with multiple carriers, giving our customers more choices. 

Health Insurance FAQs

Can I keep my current doctors?

Before you sign up for any health insurance plan check the network to make sure the doctors you prefer to use are in the network. The network is made up of healthcare professionals who have agreed to provide services to a particular carrier for a specific rate. If your doctors are important to you, you need to choose accordingly. 

What is the formulary?

The formulary is the list of drugs that a given health insurance plan will cover. They are arranged by tiers depending on how much a prescription will cost. Some drugs may have no copay and others may have a deductible. Generic is almost always less expensive. 

What is managed care?

Managed care is a type of health insurance plan that manages your health care. Depending on what type of plan you choose, these plans can be quite restrictive. The three most common are HMO, PPO, and POS. With an HMO you can not visit doctors and other healthcare professionals outside the network except for an emergency. You also have a primary care doctor who manages your care. The other two types are less restrictive, but it will always be less expensive to get treatment within the network. 

Get Health Coverage Today

Contact Epic Insurance in Lees Summit, MO to talk about your health insurance and what plan works best for you. 

Required Commercial Insurance in Missouri

In Missouri, there are two types of commercial insurance that some businesses in the state are required to have. It’s a good idea to know which commercial insurance policies are required and whether the rules pertain to your business. When your business needs commercial insurance, call us today at Epic Insurance in Lees Summit, MO.

Required Commercial Insurance

Workers’ Compensation Insurance

This type of insurance is one that pays for medical bills and disability benefits for workers who are injured at work or who get sick there. When an accident or work-related illness does happen, this insurance is important to protect your company from high medical costs and lawsuits. For employees, it’s helpful to know that there is a payment available in case of an accident that injures them. This type of commercial insurance is required for all businesses that have at least five employees. These employees can be either part-time or full-time. If you have a construction business, however, having any number of employees, even just one, requires having this type of commercial insurance. 

Commercial Auto Insurance

If your business owns a vehicle, you must have commercial auto insurance on that vehicle to stay legal. This insurance covers the vehicle against a wide range of liability risks that vehicles face on the road. There are several types of coverage that are required to be in these policies. These include an amount of coverage for a single injured person from an accident and a higher amount required for all of those injured. Both these amounts are for bodily injury liability. There is also property damage liability required as well as an amount for uninsured motorist coverage for one injured party and another amount for all of those injured. 

Get Insured

If your business is required to have commercial insurance, call us at Epic Insurance in Lees Summit, MO.

What Are The Different Types Of Home Insurance Policies?

Home insurance policies protect your home against potential costs associated with disasters, burglaries, fires, and other emergencies. They also help you plan for and manage your home’s future expenses.

Here are some of the differences between basic and premium home insurance policies: 

Basic Policy Types

These policies pay for themselves quickly because customers already have access to a free quote from a licensed insurance broker. This means that the policyholders have maximum protection against outside costs and minimum exposure to potential losses. The policyholder also benefits from a fixed cost impact, which makes it one of the least expensive options available. While this type of insurance is great for those who want complete peace of mind, it doesn’t offer as much coverage as a more comprehensive policy. 

Premium Policy Types

These policies offer greater protections than basic policies and are more expensive. Because they have higher premiums, the policies require longer-term savings before being replaced by newer, higher-priced options. They are also harder for consumers to buy because insurers must charge extra to go beyond their basic liability coverage or pay out a penalty if they lie about their level of cover. For inquiries in Lees Summit, MO consult with us at Epic Insurance.

The one that pays for itself quickly reimburses you for the cost of any damages caused by a specific event. It also offers minimum exposure to potential losses because it doesn’t charge you a premium for the protection. 

Traditional home insurance policies don’t offer this coverage, and most online homeowners’ insurance policies don’t offer it either. This type of insurance is also cheaper than a traditional policy because it covers only the actual costs of the repairs or replacements. A premium home insurance policy may offer more protection in some cases but costs more. 

Which Type Should You Buy? 

The amount you have to pay before a basic home insurance policy is paid is determined by your most recent mortgage payment, your monthly expenses, and your age. The amount you must pay before each insurance policy should be different according to which type of home insurance you buy. Seek advice from Epic Insurance in Lees Summit, MO.

Documents you should always have in your vehicle

Driving is a privilege even though most people seem to treat it as a right. You need to pass tests to get a license in the first place and sometimes to keep it. In America, driving is a necessity for many people given the distances they live from services. So keeping your driving privilege is important. At Epic Insurance in Lees Summit, MO, we make sure that all our customers have the right auto insurance to protect them. 

Documents you should always have in your vehicle

Insurance card

Your insurance card is proof you have at least the mandated amount of auto insurance that is required in Missouri. If you get pulled over for any sort of an infraction, you will be asked to produce your insurance card so make sure it is in your glove box someplace that is easy to access. In an envelope with your vehicle registration is a good place. 

Vehicle registration

All vehicles that are on the road need to be registered. In order to keep your vehicle registered, you must pay your personal property taxes. If they are unpaid, you will not be able to renew.  You also need to have your emissions or safety test completed no more than 60 days before the registration is due. This registration should also be kept in your glove box with the emission test result and your insurance card. 

Driver’s license

Most people use their driver’s license as ID so they carry it in their wallet. If you are in the vehicle, it should be there with you. Keeping a copy along with your other documents is not a bad idea. 

Official state emission inspection report

After your inspection, you will get a report. Keep this in your glovebox with the rest of your documents.

For an independent insurance agent in Lees Summit, MO and surrounding areas, contact Epic Insurance for all your auto insurance needs. 

What Is the Difference Between a Hull and Liability Policy?

Boating is a popular recreational and business activity in Lees Summit, MO. As a boat owner who uses their boat for commercial purposes, you have likely been advised that you need to get a marine hull and liability policy severally. Although these two insurance policies are usually bundled together, they are quite different.

So, what’s the difference? Hull Insurance provides coverage for physical damage to your vessel, while liability insurance commonly covers passenger and third-party injuries and third-party property damage. Having both policies gives you and your commercial boat operations 360 insurance coverage.

Who Requires Marine Hull and Liability Insurance?

At Epic Insurance, we recommend that private and commercial watercraft owners and operators and other associated businesses get hull and liability insurance. This includes ferry operators, fleet owners, ship owners, charter and tourist boat operators, persons and companies with loans on vessels, and work and tug boat handlers.

What Marine Hull and Liability Covers Should You Consider?

  • Vessels/hull insurance takes care of accidental loss or damage to a watercraft anywhere within the predefined navigational limits listed in the policy. Your boat will have to be valued and inspected to set an agreed value for the insurance. 
  • Liability insurance is available as a stand-alone cover or an extension to the vessels/hull insurance. Limits for the policy can be agreed on based on territorial limits, use, and vessel type. 
  • Ship repairers’ liability is coverage against legal liability for ship repairers if loss or damage occurs to a boat in their care, control, or custody. 
  • Ship builders’ risk provides coverage to ships under construction or conversion. It protects against physical loss or damage during launching, sea trials, and other liabilities that may arise due to the build. 

Do you need help with marine insurance in Lees Summit, MO? Contact us at Epic Insurance, and our highly experienced and friendly insurance agents will help your figure out marine insurance.

Should all recreational asset owners in Missouri get recreational insurance?

Living in the Lees Summit, MO area can be a great idea as the area offers a lot of fun recreational activities and opportunities. One way to ensure you have a fun experience living here is by investing in your own recreational toy. If you do choose to purchase a recreational toy, you will want to get the right insurance for it. There are various reasons that recreational asset owners here should get this coverage.

Recreational Insurance Benefits

Protect Your Asset

If you own any type of recreational toy, you will want to enjoy it for a long time. Unfortunately, the risks of theft or accident damage can preclude long-term use. If you get a recreational insurance plan for your recreational toy, you can get the coverage needed to ensure you can replace or repair the asset if you incur a loss. This coverage may also be required if you took out a loan to finance the asset purchase. 

Reduce Liability Concerns

It is important to be careful when using any recreational toy. However, even if you are cautious, there will always be a chance that you could cause an accident. If this happens, you will need to cover any damages. Fortunately, if you do obtain a recreational insurance plan, it will give the coverage that is needed to offset this risk. 

As you are looking to insure your recreational asset in the Lees Summit, MO area, it is important that you speak with someone that you can trust. The professionals with Epic Insurance will offer the support that you need to build an appropriate plan. Epic Insurance understands the unique options that this coverage provides, and they will give you support to ensure you choose a plan that is right for your situation. 

Health insurance options for MO residents

The team here at Epic Insurance has the knowledge and experience necessary to help the Lees Summit, MO community with all of its insurance needs. Selecting a health insurance policy that meets all of your family’s needs can feel overwhelming when you go it alone. Let us help!

Learn more about the health insurance options available in our area

When it comes to health insurance, finding the right policy can feel like a stressful undertaking. By working with a local insurance agent, you can help make the process a lot less stressful.

When you have someone working alongside you as you review your options, it can be a lot clearer how you can find the policy that is right for you. There are many different factors that may weigh into the selection process. For example, if you don’t have any ongoing medical issues but want catastrophic care, you may want to look closely at high-deductible plans. People who visit the doctor on a regular basis or require regular care will obviously have different needs.

Whatever your current medical care needs, it makes sense to be protected with a robust health insurance policy. Rather than rely on a faceless someone on the internet, why not sit down with a local agent who can help you navigate the selection process?

Health insurance is an important part of your overall health care and wellbeing. It only makes sense to find a policy that can meet your needs now and in the future.

Give Epic a call today!

Epic Insurance is here to meet all of the insurance needs of the greater Lees Summit, MO community, including health care. If you would like to find out more about the options available in our area, give our office a call today!

Why Do I Need Insurance for My Business?

When you’re starting a business, there are a lot of things to think about. One of the most important but often overlooked is insurance. You need to make sure that your business is properly insured in case something goes wrong. Here are four reasons why you need insurance for your business.

1. Protection

There are several kinds of insurance coverage that protect your business in different ways. The most common are liability, property, and workers’ compensation insurance. Liability insurance covers your business if someone should suffer an injury or other damage while on your premises or using one of your services. Property insurance protects physical assets in the event of natural disasters or theft. Workers’ compensation insurance is required by law to protect employees against injury while they’re on the job.

2. Compliance

Businesses are subject to strict regulations, and insurance is one of the ways you can demonstrate your compliance. For example, many businesses are required to have workers’ compensation insurance to show that they are taking responsibility for their employees or face fines. Compliance is important because it ensures the safety of all involved parties and demonstrates a commitment to ethical business practices.

3. Minimize Risk

Insurance can also help you to manage your risks. Insurance is a way of budgeting for the unexpected, reducing the likelihood that an accident or other incident will significantly impact your business. Hiring competent employees and taking every possible precaution are valuable strategies for minimizing risk. However, they aren’t always enough to counter poor luck or the mistakes of others.

4. Business Continuity

Insurance is one of the most effective ways to protect your business. When disaster strikes, having an insurance policy can make all the difference between keeping your company afloat and watching it fail. Most businesses experience some kind of downtime if their building is severely damaged or destroyed by fire or another catastrophe. But with the proper insurance coverage, you’ll be able to rebuild and recover without having to worry about losing your business.

Get Business Insurance in Lees Summit, MO?

Insurance is an invaluable resource for protecting your business. Your policy should cover the types of risks you might encounter. Are you looking for business insurance in Lees Summit, MO? Epic Insurance is here to help. We offer a variety of policies that protect your business in different ways.

Home Insurance In Major Catastrophes: A Car Striking Your Home

The worst situation you could imagine for your home has impacted you: an unsafe driver just ran into your home. This frustrating scenario is one we have experienced at Epic Insurance Thankfully, we can help Lees Summit, MO residents in this tough spot.

What Happens When Someone Hits Your Home With a Car

When someone hits your home with their car, they are obviously considered liable for the accident. As a result, their auto insurance policy will pay for the damages to your home up to the limit of their policy. This situation may be beneficial as you could get away without having to use your policy. 

However, situations regularly occur in which you’ll likely need to use your home insurance policy. For example, what happens if a person’s auto insurance covers $20,000 in damage, and you experience $30,000? You’re either stuck with the bill, or you have to make a claim on your auto insurance. 

In this situation, your home insurance will pay whatever is left over, up to your policy limits. So if the person who caused the accident pays $25,000 out of a $60,000 repair bill, your home insurance will pay for the remaining $35,000, depending on your policy limits. 

If your policy limit does not cover the full repairs, your insurance will pay out what it can, and you’ll have to pay for the rest. In areas near heavy traffic (such as homes near freeway exits), it isn’t a bad idea to consider expanding your limits to ensure you don’t get in a bad situation.

Don’t Hesitate to Make a Claim 

If you have a home insurance policy with us at Epic Insurance, please contact us if your home gets hit by a car. We can also help Lees Summit, MO residents get a policy that works for their needs if they are not covered adequately. 

Does My Missouri Company Need Commercial Insurance?

Calling all business owners in Lees Summit, MO — Do you have an updated commercial insurance policy? If you are unsure, the agents at Epic Insurance. recommend looking into it immediately to see what coverage you do have and where the gaps are. 

Missouri Commercial Insurance 

If you own a business in Missouri, commercial insurance is a must for financial security and the protection of any assets within the business. While commercial insurance isn’t required by law in Missouri, the protection it offers is more than enough reason to make the investment. Epic Insurance. offers expertise and assistance when it comes to selecting the right policy. 

As a business owner, you know there are risks involved in running a business. If you can minimize those risks and protect your business, why wouldn’t you? Commercial insurance is often required by lenders and investors, so you may not have many options in the matter regardless. 

Lastly, if you have a certain number of employees that work for your business, you will need worker’s compensation insurance (also depending on the type of business you have). This type of insurance protects a business in the event that an employee becomes injured on the job. 

By now, you probably understand how important commercial insurance is for any business. While it may not be required in Lees Summit, MO the benefits and protection it offers are more than worth the price. If you aren’t sure where to start with this type of insurance for your business, contact Epic Insurance today. Selecting the right policy can be stressful and confusing, and our agents are more than capable of selecting the best policy for you.