Insurance Tips

Let Down East Insurance shop and compare insurance products for you. We personally review EVERY insurance policy that renews with us and we do the shopping for you. Call us today for no obligation quote.

It is our recommendation at Down East Insurance that you carry the highest limits that you can afford. No one can predict exactly how much you would need to pay if you were to cause an accident. The time to think about this valuable coverage is BEFORE you have an accident, not after. The higher the limits you purchase, the more your policy will be able to satisfy the damages. Why not ask your agent how much the additional cost is to increase your limits? You may be surprised how inexpensive it is.

Another way to get more coverage is to secure a personal umbrella policy. Contact Down East Insurance for a no-obligation quote and see if you qualify!

Most companies do offer discounts for higher deductibles. Usually the higher savings is on the newer vehicles, but as the vehicles age, the discount also gets smaller. Ask your agent to quote you three different options and then you decide what you can afford out of your pocket, if an accident was to occur. Our agents are working for you!

Did you know that paying in convenient installments can sometimes cost you money? Review your billing fees and make sure those convenient payments are to YOUR advantage. If you like the convenience of monthly installments, why not look into having your payments set up through an EFT account, which has NO fees attached. And, if you are a member of Down East Credit Union, you may even be entitled to another 5% off!

The majority of companies do not charge you an additional premium until your teenage driver successfully passes their driving exam. In most cases they can drive with you on their permit for "free". Once they pass their license exam, you need to inform your agent so that they can process this for you and get them added to your policy.

We at Down East Insurance encourage our clients to call us to discuss the different cost factors ahead of time. By calling us when your teenager secures their permit, we can review and research the options available to you so that you are aware of the cost ahead of time and can plan accordingly. We have several tips and ways to keep this exciting time affordable while they are in their first years of driving.

NO. Boat Insurance coverage varies greatly from one company to another. The time to decide on what you need is before you have a claim NOT after. Here are a few things to consider:

Towing cost: We have paid many claims on towing losses for boats (that's right... towing!) What do you have for towing coverage on your boat? Did you know that the cost can easily be $500 for one tow!

Equipment: Is your fishing gear covered under your boat policy? How about the attached gadgets and equipment that you have collected over the years? Talk to your agent before the loss, and you may be surprised at how inexpensive it is to add these items to your policy.

Small home businesses are popping up everywhere and this is an exciting time for entrepreneurs! In some situations, your homeowner policy can extend coverage to your business, but you need to talk to your agent to see if your type of business qualifies. Down East Insurance Agency can work with you to help you decide the best policy for your home or for your business. Don't wait to make this very important decision, as you may be surprised to learn how affordable a business policy is. Protect your investment and let us be a business partner with you.