Business Insurance in Port Angeles & Sequim, WA

Client Information

Gellor Insurance in Port Angeles & Sequim, WA works hard to deliver the best insurance policy options to our clients. We are licensed in Washington, Oregon, and Arizona, and we can help you, your family, and your business cover all the bases from unforeseen troubles. We are family friendly and committed to excellent customer service. We invite you to see why our clients have been coming to us for four generations.

FAQs

Auto Insurance Questions

What factors can affect the cost of my automobile insurance?

A few factors, including the type of drive you drive, your driving record, the purpose for driving your car, and where you keep your vehicle are all taken into account. Your credit score and your marital status can impact the cost as well.

What is the difference between collision physical damage coverage and comprehensive physical damage coverage?

Collision insurance covers losses incurred from when your vehicle crashes into another car. Conversely, comprehensive insurance provides coverage for other physical damages not resulting from a collision, including theft and storm damage.

Homeowners Insurance Questions

What does homeowners insurance cover?

Homeowners insurance covers two main sections. Section I provides coverage for the property, while Section II covers personal liability for the insured. This insurance is required by the lender to obtain a mortgage.

What is the difference between "actual cash value" and "replacement cost"?

When purchasing homeowners insurance, knowing the difference between “actual cash value” and “replacement cost” is important. The “actual cash value” the policyowner is entitled to the depreciated value of the damaged property. The “replacement cost” the policyowner is given the necessary amount to replace the property with one of similar type and quality at current prices.

Life Insurance Questions

How much life insurance should I own?

There are many factors at play here, each of which you should consider before purchasing a life insurance policy.

Income sources (and amounts) other than salary/earnings
Whether or not you are married and, if so, what is your spouse’s earning capacity
The number of individuals who are financially dependent upon you
The amount of death benefits payable from Social Security and from an employer-sponsored life insurance plan
Whether any special life insurance needs exist (e.g., mortgage repayment, education fund, estate planning need, etc.)

After considering these questions, we will help you choose an amount based on your answers.

Should term insurance or cash value life insurance be purchased?

Each situation is different, and this particular question lends itself to working with one of our agents to help you identify the best fit. Some important factors to consider: Your tax bracket, your need for short-term or long-term coverage, and the rate of return on alternative investments possessing smaller risk.