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Clark Associates was incorporated over twenty-three years ago by Leroy Clark to provide superior service and insurance products to the state of Alabama and the Southeast region. Clark Associates has grown to one of the largest independent owned agencies in the Birmingham area. We have an excellent staff and represent many different companies who can tailor an insurance program to meet your needs.
Clark Associates was incorporated over twenty-three years ago by Leroy Clark to provide superior service and insurance products to the state of Alabama and the Southeast region. Clark Associates has grown to one of the largest independent owned agencies in the Birmingham area. We have an excellent staff and represent many different companies who can tailor an insurance program to meet your needs.
AUTO
For some people, a car expresses the essence of their being. To others, it's an object to get from point A to point B. We offer a variety of coverages and companies to choose from, based on your specific needs.
Depending on the company you choose, you can get discounts for:
-Being a Good Driver
-Being a Good Student
-Driving a Safe Car
-Having a Homeowner's Policy with your auto insurance carrier
Other advantages you could enjoy:
-Free Windshield Repair
-24-Hour Claims Hotline Guarantee on Repairs
-Flexible Payment Options
Advantages vary from company to company, and some require the purchase of certain coverages. We'll review your options with you to find the company and coverage that are right for you.
HOME
Your home is probably your most valuable asset, both as an investment and as your sanctuary in a hectic world. When your home is damaged or destroyed, you need your claim settled by an insurance company that understands this simple fact. Coverage availability and prices may vary by company. We can help you determine which of several companies we represent will best meet your needs and provide the most valuable combination of tailored coverage, quality service and fair pricing.
Depending on the company you choose, you can get discounts for:
-Having a burglar alarm
-Having a newer home
-Being claim free in the past
-Insuring your vehicles with the same company
Other advantages you could enjoy include:
-Repair Guarantees
-24-Hour Claims Hotline
-Flexible billing -including coordinating with your mortgage company
-Living expense if your home becomes uninhabitable due to a claim
Assessing Your Need
The amount of life insurance you select should be dependent on your personal and financial needs. We can assist you in determining an appropriate coverage amount and help you decide on which type of life insurance is right for you.
Generally, you should consider life insurance if you have:
-A spouse
-Dependent children
-Aging parents or a physically-challenged relative who depends on you for support
-Retirement savings that is not sufficient to ensure your spouse's future financial well-being
-A sizable estate
-A business
Life Changes-So Should Your Policy
As events happen in your life, your life insurance coverage may need to change to adapt to your current needs. Some life changes that may require you to reevaluate your coverage include: marriage, divorce, a new baby, purchase of a new home and retirement.
Types of Life Insurance
There are several different types of life insurance products available. The most common include:
Term Life Insurance
Term provides life insurance protection for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It's generally less expensive than permanent life insurance, and is available in varying term periods with fixed premiums from a one- (annual renewable term) to 20-year period (level term). Furthermore, term insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.
Whole Life Insurance
Whole life is a form of permanent life insurance that remains in force during the insured person's lifetime, provided premiums are paid as specified in the policy. Whole life insurance can build cash value.
Universal Life Insurance
Universal life is a form of permanent life insurance characterized by its flexible premiums, flexible face amounts and unbundled pricing structure. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage.
BUSINESS
Whether your business is large or small, we have the products to meet your needs. Every business and industry is unique; we identify ways to properly insure the unique hazards of your business. As business owners ourselves, we understand the special protection businesses need to prosper.
We offer:
Loss Control Programs
With our insurance company partners, we can evaluate your business's current conditions and recommend ways to lower property, auto, workers' compensation or liability losses. Lower losses will not only lower your insurance costs, but also increase your productivity by avoiding downtime.
Quick Claim Response
When you do have a claim, you need fast, fair service. As independent agents we work to make that happen. That's why we only represent companies with excellent records for settling claims fairly and promptly.
Competitive Rates
Many of the insurance companies we represent specialize in insuring specific types of businesses or industries, offering special coverage and pricing. To see if your business qualifies for one of these special programs, contact us for more information.
OTHER
We provide many types of insurance. As independent insurance professionals we can help you find the coverage that best suits your particular needs and provides you with the greatest value.
Personal Umbrella
Monetary damage awards from lawsuits continue to increase. Personal Umbrella policies provide you with an extra layer of liability coverage above and beyond what your auto, home or boat policies provide. Check with us to see if an Umbrella Policy makes sense for you.
Renter's and Condominium Owner's Insurance
As a renter or condo owner, you have special insurance needs that are not served with a traditional homeowner's policy. We can provide you with insurance protection for your furniture, appliances, clothing and other personal possessions.
Retirement Planning
Today more and more people are maintaining their current lifestyle well into retirement. Modern retirement is active, engaging, and independent. As a society, we are generally taking better care of ourselves and, as a result, we're living longer. These factors affect the way we must plan for our retirement, and odds are against winning the lottery. Spending time with your family and friends, pursuing your hobbies, learning new things, volunteering for your favorite charity - imagine the possibilities.
Investment Services
There are numerous investment choices available to you, including annuities and mutual funds. We can work with you to develop an investment strategy to meet your needs of today and reach your goals of tomorrow.
