Farmers Insurance Agent in Reno, NV
Lin Renee CaiAbout Me
I grew up in Northern Nevada and graduated with a Bachelor's degree from the University of Nevada, Reno. As your local Farmers® agent in Reno, NV, I strive to provide excellent customer service and to help you identify the insurance coverage that best fits your needs. What sets us apart is our top of the line claims service and the wide variety of insurance products we offer: auto, home, renters, life, RVs, boats, motorcycles and business insurance. I have the knowledge and experience to help you better understand your coverage options so that you can worry less and enjoy life more. Please contact me today to get started.
Give me a call at (775) 446-2603 and I'll be happy to answer any questions you might have.
Languages Spoken: English
States Licensed In
Insurance Products Offered
Comprehensive coverage? Collision coverage? Deductibles? Medical Payments? Where to begin? Your local Farmers agent can take the mystery out of selecting the right Car insurance coverage for your needs and budget. Get started with an online Auto insurance quote and learn about our insurance discounts that can help you save money.
Your home is perhaps your most valuable possession, so you'll want to make sure your insurer has withstood the test of time. Farmers® has been providing insurance products for over 80 years, and will be there in the event disaster strikes and your home is damaged in a fire or due to another covered cause of loss. Plus, get competitive rates with our multi-line insurance discounts. Get a Home insurance quote now.
How much has your life changed in the last few years? Whether you've purchased a home, gotten married, had children or started a small business, it's a good idea to review your Life insurance policy. Call me today so you can create a plan to help provide financial support for those who depend on you.ADFL029AWS 9/17
Your landlord may have an insurance policy, but if there's a fire in your building, that policy may not cover your possessions. That's why there's Renters insurance. Get a Renters insurance quote to see how affordable it is to protect your personal belongings.
Managing your small business can be complex, selecting the right Business insurance for your unique operation doesn't have to be. No matter the type of business, a Farmers agent can help you customize an insurance package to reduce your risk and protect your investment. Request a Business insurance quote today to get started.
As a motorcycle enthusiast, you're all about adventure and fun. The last thing you want to worry about is whether you have the right Motorcycle insurance policy. Talk to a Farmers agent about Motorcycle insurance discounts such as rewards for responsible riders and insuring more than one bike with Farmers.
When enjoying the great outdoors, you shouldn't have to be thinking about your insurance coverage. Make sure you have Recreational insurance coverage from an industry leader. Whether you own a boat, travel trailer, ATV or Motor Home, Farmers Insurance has flexible coverage options and insurance discounts. Contact a Farmers agent to get a quote.
Your condo is more than a place you call home. It’s also a major investment filled with possessions you want to protect. Get a quote on condo insurance to see how affordable it is to protect your personal belongings.
You work hard for the things that are important to you. For added coverage above and beyond the liability limits of your Auto or Home insurance policies, a Personal Umbrella insurance policy can provide added protection for your assets and future earnings.
Ask Me About:
How can I make sure my valuables are covered?
It all comes down to knowing the right questions to ask. When buying a homeowners policy, it's important to ask is about the limitations and exclusions. As an agent, when I am asked that question by a customer, I pull out the policy and go down the list, item by item. Because, while it's the homeowner's responsibility to read and understand your contract, that responsibility can be overwhelming — especially for new or first-time homeowners. That's why it's great to have an agent who can explain what each line in the policy actually means.
Let's talk about your jewelry, for example. There could be a limitation in your policy in terms of what is covered for loss by theft. If your house is robbed and your jewelry is stolen, for example, your policy may only cover the loss for up to $1500. But, what if your jewelry is worth more than that? This is a great example of how an agent can help you navigate the process of ensuring your specific valuables are covered. If I were your agent, I'd advise you to have your jewelry appraised for its full value and then we would add that total value to what we call a floater, or additional coverage above what the base policy covers. That way, you've insured your jewelry to its proper value in the event of loss, even in the cases of theft or mysterious disappearance.
What is the difference between theft and mysterious disappearance?
With theft, there is evidence that your valuables were stolen. Perhaps someone broke into your house, robbed your hotel room or held you up at gunpoint — each of these terrible scenarios would fall under theft. With mysterious disappearance, there isn't always evidence. Imagine you head out for a round of golf and, before teeing up, put your wedding ring in your pocket. At the end of the round, you head back to the clubhouse only to discover your ring was no longer there. It mysteriously disappeared. With the right coverage in your policy, your valuable would still be protected, even in this case.
What Should I Know Before Buying Life Insurance?
Do I need life insurance if I already get it through work?
Group policies provided by employers typically offer an affordable and easy way to enroll in life insurance without a medical exam. However, group policies may only pay an amount equal to one or two years of salary or a similarly limited amount, which may or may not be enough to cover your family’s needs.
Additionally, when you change jobs, you may not be able to take your life insurance coverage with you. When you consider that, the older we get, the more difficult and costly it may be to obtain life insurance, having a personal policy to supplement your employer-provided policy can make sense.
How much does life insurance cost?
The cost of life insurance will vary. From a broad perspective, it’s all about risk. The greater your risk of dying, the more you are likely to pay for life insurance. That’s why life insurance is relatively inexpensive to purchase when you are young and healthy. To determine your risk, underwriters look at such things as age, medical history, use of nicotine and alcohol, and any hazardous pastimes, such as skydiving. There are medical conditions that can cause the denial of an application, such as cancer, heart disease or dementia.
What you pay for life insurance premiums can also depend on other things such as the type of policy you choose, the coverage amount and the number of years you need to have it in place. If you have riders, or customized provisions, added into your policy, those typically come at an extra cost.
What types of life insurance can I choose from?
First, you should be aware that there are two basic types of life insurance coverage: term and permanent.
Term life insurance has guaranteed level premiums for a fixed period and generally is more affordable than permanent life during that level-premium period. You can generally choose level premiums for 10, 20 or 30 years. If you have young children and your primary concern is making sure there’ll be money to pay for their college educations, depending on their age today you might consider a 10- or 20-year term life insurance policy. If you should die while the policy is in force, the death benefit payout could help your beneficiaries with future expenses such as education costs.
Permanent life insurance plans are designed to provide coverage for your entire life, as long as premiums are paid. In fact, if you buy a child a permanent life policy, you or the child will have the ability to maintain coverage throughout their life, even if they develop health problems, as long as the premium is paid and the policy is kept in force.
There are two main types of permanent life insurance: whole life and universal. Whole life policies offer premiums that don’t rise. Part of their appeal is that they build cash value that you can borrow against.
Universal life offers more flexibility. It allows you to adjust the size of premium payments, death benefits, and the accumulation portion of your policy, within limits set by the policy contract. Some changes may require underwriting approval and additional premiums.
How much life insurance should I consider?
People usually want to make sure the size of the death benefit is large enough to meet the needs of loved ones who depend on them. Some people estimate that number by adding up their long-term financial obligations and subtracting their assets. The amount leftover can offer a rough indication of how much you might want for the death benefit.
You may start with a number in mind -- for example, death benefit equal to 10 times current annual income -- but not all individuals may want that amount of coverage. It all depends on your situation and the needs of your dependents. Your agent can help guide you through the consideration process, asking questions such as how much is left on the mortgage, what are your monthly bills and how much you may want for your surviving spouse to live on.
How are death benefits paid?
The way you structure your death benefit will depend on your family and your goals. One option is a lump-sum payout, but you also can generally have the benefit issued in monthly payments. That way your beneficiary will not receive all the benefit at once. You can even structure your life insurance to pay the death benefit into an individual retirement account (IRA), to provide savings for your spouse’s retirement.
Next, exchange contact information with the other driver. You may want to take a snapshot of each other’s driver’s license and insurance card. You should also take pictures of the accident scene and damage if you can do it safely. Contact your insurance company and pass along the information you’ve collected. It’s the insurance companies that ultimately determine who’s financially liable in an accident.
Next, look at the deductibles on your home policy — that’s the amount you pay out of pocket when you have a claim. Farmers offers a wide range of deductibles for customers to choose from. Some homeowners would rather pay a higher premium to get a low deductible in case something happens. Others want the opposite — higher deductibles in return for lower premiums.
Finally, you could receive additional home insurance discounts for your home’s security system or fire alarm. Your agent will help you understand the discounts available to you, and how much you can potentially save.
Unfortunately, there’s also been an increase in the severity of accidents and related injuries. With drivers more distracted than ever, drivers are more likely to be taken by surprise, to collide without braking, resulting in injuries that are potentially much more severe. Add to this the increasing cost of medical care and auto claims become much more expensive.
Finally, the cost to repair vehicles have increased over the last decade. Many drivers (including myself) are in cars that are smarter than ever before, with state-of-the-art technology. Today’s vehicles have computers, sensors, back-up cameras and other high-tech gadgets, which can be expensive to repair and replace.
Generally, the longer you drive without major citations or accidents, the lower your premium will be. In addition, the more time you spend driving and the farther the distances, the higher the likelihood that you may end up in an accident regardless of how safe a driver you are. Consider car-pooling, taking public transportation or riding your bike. If you are a safe driver, Farmers offers a safe driver discount to reward your good driving habits.
2. Research before you buy
Before you commit to buying a new car, be sure to do your research. Some makes and models of cars, particularly those with excellent safety, theft loss or accident records, can be less expensive to insure.
If you're considering several models and can't decide, your Farmers insurance agent can help you make an informed decision. Your agent can provide some coverage price comparisons for the models you're interested in. A higher -- or lower -- insurance coverage premium may make the decision for you.
3. Purchase multiple Farmers policies
You will save if you purchase multiple policies with Farmers: insure additional cars, a motorcycle, boat, RV or your home and you can save on all of your insurance premiums. Add a Life insurance policy and save even more.
4. Ask about additional discounts
Ask your Farmers agent about the discounts available in your state. Some common discounts include Safe Driver, Good Student, Multiple Vehicles, Multiple Policies, EFT and Paid in Full.
5. Choose a higher deductible
A deductible is the amount of a covered loss you agree to pay before the benefits of your policy are applied. In many cases, a higher deductible could mean a lower monthly premium, but would also mean paying more out-of-pocket in the event of a loss.