Nicole Dopheide, Rasor Insurance

Insurance Agent

About the Expert

Nicole’s family has been in the insurance business for the past 45 years, and she has worked in their office since age 16. She worked in sales management for 19 years prior to starting her career with Rasor Insurance in 2020. She and her husband, Jason, have two daughters. Nicole looks forward to helping clients with their insurance needs, including auto, home, commercial, and life.


What is the difference between actual cash value and replacement cost on homeowner’s policies? 

It’s important to know the difference when purchasing a homeowner’s policy. Covered losses under a homeowner’s policy can be paid out by either an actual cash-value basis or on a replacement-cost basis depending on which was chosen when the policy was written.

When actual cash value is used, the policy owner is entitled to the depreciated value of the damaged property. Under the “replacement cost” coverage, the policy owner is reimbursed an amount to replace the article with a similar one at current prices. Texas has unfortunately encountered several natural disasters recently. Confirm with your agent which policy you’d prefer.

What is a personal umbrella liability policy?

The personal umbrella liability policy is designed to increase your liability protection. This single policy acts as an “umbrella” over all your other personal liability policies, including home, auto, boat, RV, and others.

What is the difference between collision coverage and comprehensive coverage on an auto policy? 

Collision is defined as losses you incur when your car collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage. Comprehensive provides coverage for most other direct physical damage losses you could incur, including theft. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage.

Do I really need life insurance?

Yes. There are different types of life insurance to fit all needs and budgets. You need to consider possible circumstances that may occur when you pass. For example, would your living relatives have issues covering the cost of your burial? What about your rent or mortgage payments and other bills? Think about what would happen if you were sick or hospitalized prior to passing. Would your relatives or beneficiaries have the funds to cover those medical bills? Life insurance is needed to protect your beneficiaries from any unforeseen issues.

Why choose an independent agent? 

Often, you can get the best value for your money with an independent insurance agent. An independent agent represents numerous companies and can offer you many options for coverage. They have vast knowledge of the many insurance companies they represent. Many clients have asked if they can have a homeowner’s policy and an auto policy with two different companies. Yes, you can, but there’s an advantage to choosing one insurance company for both. Your agent can bundle the policy, which affords you a discounted price.

Also, remember that you don’t have to wait for your insurance renewal date to switch companies or policies. You can do that at any time. Many people are intimidated when it comes to talking insurance, but it doesn’t have to be daunting. I love educating people and helping them save money on their policies. Being familiar with some discussion points will help you find the right insurance plan to fit your needs.
(319) 383-9400

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