Pros and Cons of Purchasing Rental Car Insurance

Envision yourself on a plane with friends or family going on the vacation you’ve been dreaming of for months, maybe even years. You’re visiting the Great Lakes or honeymooning in Hawaii or Maine. You’re checking out national landmarks like the Grand Canyon or great cities like New York City or Chicago. Regardless of your destination, when you arrive at the rental car station, you will be asked to purchase additional rental insurance.

The question you will need to answer is, “Do I really need additional rental insurance?” The answer will depend on the situation.

Before you purchase any additional insurance, you should take the time to read all of the information or ask for a representative to explain it to you and answer your questions. You don’t want to sign up for something you do not fully understand or truly need.

Here are the pros and cons to purchasing rental car insurance!

The Pros

You Will Have Peace of Mind – Money can’t buy happiness, but sometimes it can give you peace of mind! If you choose to purchase rental car insurance, you can rest assured that any type of damage that occurs to the rented vehicle while it is in your possession will be covered. This includes accidents, scratches, hail damage, and any other types of damage that the vehicle might sustain during the rental period. Keep in mind, though, that it all depends on the type of coverage that you select.

It Covers Those Without Insurance – If you do not have any personal auto insurance and you rent a car for a trip, then rental car insurance is a must-have for you. It will provide coverage for you in the event of an accident and could reduce some out of pocket expenses, even if you do not have a regular insurance policy.

It Could Save You Money – Keep in mind that if your rental car needs any driving repairs and your personal car insurance does not cover towing, repairs, or any other costs, the rental company’s insurance may cover you in any such event.

The Cons

It Might Not Be Necessary – There are instances in which rental car insurance is not necessary. If you have comprehensive collision car insurance, your current policy might already provide adequate coverage in the event that you use a rental car. If that’s the case, purchasing additional rental car insurance may be a waste of money and totally unnecessary on your end. Check with your insurance agent first to see if you will be covered.

It Could Cost You More Than You Thought – As it goes with anything involving insurance, be sure to read the fine print of the car rental agreement. Some companies could try to slip in extra costs without telling you. If you are in a hurry or don’t truly understand what you’re signing up for, you could wind up paying more money that you would have originally thought.

Injured Parties May Not Be Properly Protected – Accidents happen, and you want to make sure that you and others involved are protected adequately. If you purchase rental car insurance and have no other car insurance available, you might be held responsible for the medical costs or damages that exceed the limits of your rental car insurance policy. Be aware of this before getting behind the wheel of a rented vehicle, with or without rental car insurance.

If you’re about to embark on a vacation and want to learn more about rental car insurance policies, don’t hesitate to call us! We will help you through any questions you might have! Just call us at 1-800-766-MMIC or visit us online at to learn more!

5 Reasons Why You Need an Umbrella Policy Today

We don’t like thinking of the worst-case scenarios in life. Maybe it’s because we feel we will never be subjected to a horrible accident or it’s a waste of time to worry about something that may never occur. Regardless of the reason, we should take the time to be aware of potential accidents or misfortunes and prepare accordingly.

You may already have insurance and probably think, “This doesn’t apply to me; I’m already prepared for anything to happen because I have great insurance policies!” But are you really convinced you can handle the costs of getting into an accident and having to pay out-of-pocket because your insurance policies only cover so much?

To be prepared for unforeseeable accidents and to have an extra layer of protection, you will want an umbrella insurance policy. Here are 5 huge reasons you should consider adding umbrella insurance in your life.

You Need the Protection – Imagine you get in an accident, which severely injures someone. You may have insurance, but the exposure might be above your policy coverage.  If so, you will have to pay the rest owed out of your own pocket. This is a quick and easy way to fall into financial ruin. Umbrella policies give you added protection in the event your insurance coverage becomes exhausted. Think of it as an extra safety net, which secures and protects you in the event you injure someone.

It Is Affordable – If you’re unfamiliar with umbrella policies, you might be thinking that because it covers so much and can save you from financial ruin that it must cost an exorbitant amount of money. On the contrary, umbrella insurance policies are remarkably affordable! Though prices vary everywhere, you can pay a few hundred dollars each year to ensure that you, your family, and all that you own are protected against any accidents or unforeseeable events. At such a low cost, you can’t afford to not have an umbrella policy.

Stay Up-To-Date With Increasing Costs – It’s so easy to think of items costing one set price. For example, we might be used to a can of soup costing less than 75 cents or a movie ticket cost about $5, and when we go out to get a can of soup or see the latest movie, we shake our heads at the price and remember the good ol’ days when things cost less money. In the same vein, if you do not visit with your insurance agent to review your coverage on a regular basis, you could be very surprised what a trip to the emergency room, prescriptions, or even physical therapy could cost now, making your current insurance potentially inadequate. Just as the cost of housing, wages, and medical attention have all increased in time, so, too, should your insurance coverage.

Your Young Driver Will Be Better Protected – If you had a young driver or currently have a young driver, you know how nerve-wracking it can be. Imagine your teenager driving home from class with two or three friends when suddenly they are involved in car accident because he or she failed to stop at a stop sign. Though none of the injuries are life-threatening, the total medical bills can skyrocket well past what your insurance policies will pay. One small driving mistake could hold your whole family responsible for paying for everyone’s injuries. An umbrella policy will cover you in the event that such an occurrence happens to you and your family.

It May Cover You When Your Other Policies Do Not – An umbrella does what you probably think it does – it provides coverage for events normally excluded in other policies. While we cannot promise an umbrella policy will cover you in every single situation, be aware you could experience a great deal more of coverage when you have an umbrella policy.

If you don’t have an umbrella policy and would like to give yourself a much-needed extra safety net, pick up the phone and call us today at 1-800-766-MMIC, stop in for a visit, or check us out online at for more information! We can help you get the best coverage for you and your family.

Heading to College? Why Renters Insurance Should Be on Your To-Do List

Attending college is such an exciting time in a young person’s life. College opens the doorway to new possibilities and to finding your true passions in life. You learn a lot, meet a lot of great people (who usually wind up becoming your life-long friends), and you partake in a lot of great college activities.

But can you imagine coming home to your apartment one day from class or from writing your midterm paper in the library to see flashing lights from police cars and fire trucks?

Theft and disaster don’t obey any laws of time – they can occur at any moment. It’s important for you to be prepared before disaster strikes, and the perfect way for you to do that is by investing in renters insurance.

For those of you not in the know, renters insurance is quite similar to home insurance but for those who rent homes or apartments. It can protect you in from disasters such as theft, fire, water damage, and other unforeseen happenings. It will usually provide coverage up to the limits you select for your personal property and liability and any damage that can occur to your home.

So WHY do you need renters insurance? If you rent your property and not live on-campus in a building provided to you by your college or university, you should take note of these great advantages that renters insurance can provide you!

Your possessions will be protected from damage or theft – One of the best things about renters insurance is that if your possessions are stolen or are damaged in a disaster like a fire, they will be covered by renters insurance!

Incidents that occur in your apartment will be covered – Whether the potholder you accidentally dropped into the lit oven catches on fire or your friend accidentally falls down your stairs and gets badly hurt, renters insurance can cover many accidents that occurs in your rented property.

Stolen or damaged items can be replaced – You know that Xbox and all those video games of yours that just got stolen from your apartment or your wardrobe that got devoured in that fire? If you have renters insurance, you can get your stolen or damaged items replaced for brand new or similar items! That right there can save you thousands and thousands of dollars and also time spent frustratingly searching for replacements.

Interested in renters insurance? Stop by to see us or call at 1-800-766-MMIC or even visit us online at for more information! We can sit down with you and figure out the best plan for you and help spell out everything between the lines.  We are here to serve you!

9 Safety Tips You Might Be Forgetting Before Vacation

Are you planning on taking a vacation or a road trip this month? Even though summer is almost over and school is starting very shortly, there’s still enough time to get away from it all before the daily grind begins again!

While vacationing is supposed to be a fun time to kick back, relax, and take in the surroundings, proper preparation and being armed with sufficient information is key to help you have a safe and enjoyable road trip or vacation! If you’re planning on hitting the road, please keep this travel checklist in mind to help you avoid problems down the road when it comes to both your insurance and you personally!

Get Your Car Checked Out – Before heading out to your destination, no matter how near or far, be sure to take care of your car! Get a tune-up, your oil changed, your tires rotated, and get the rest of your car inspected, especially the air conditioner, tires, battery, fluids, and the belts. Remember, it’s better to have your car looked at and fixed than to take the chance that it could break down in an unfamiliar location!

Make Your Home Thief-Proof – It’s imperative that you take the extra precautions to protect your home while you’re away on vacation. Take the time to stop the mail for the duration of your trip; a mailbox full of mail and a stoop full of newspapers is an obvious indicator to potential thieves that you aren’t home. If you have an alarm system, be sure to arm it while you’re gone, and if you have a trusted friend coming over to take care of your plants or pets, be sure they know how to temporarily deactivate it.

Inform Your Bank of Your Trip – Let your bank know where you’re going and for how long before you leave. Your bank monitors your accounts for any suspicious activity on your cards, so if they see that there are charges to your account being made in another country or even in another state, they are more than likely to shut down your card in order to protect you. Be sure to keep them in the know; they’re there to help YOU!

Notify the Right People of Your Trip – Aside from letting your bank know where you’re going and for how long, it’s a good idea to tell a select amount of friends and family where you’re headed in case of emergency. Also, no matter how badly you might want to post online that you’re going on vacation, do your best to refrain from telling your Facebook and Twitter family about your vacation and when and where you’re going. You never know who could see that information and use it to their advantage!

Get a Good Night’s Sleep – Drowsiness can be a recipe for disaster for you and your family on the road. According to the National Highway Traffic Safety Administration (NHTSA), driving while drowsy is a contributing factor in 100,000 accidents annually. Be sure you get to bed earlier the night before your departure and be packed beforehand so you can rest more soundly.

Do Your Research – Before heading out on vacation, do your best to do some research on where you’re going, especially in cities. Know the crime rate, which places are good to be in and which places you need to avoid at all costs, and be prepared for the unexpected to happen. Try to avoid leaving atlases, guidebooks, money, and valuables in plain sight in your parked car, and keep your car locked and secured at all times.

Pack the Right Things – As tempting as it might be to just grab your swimsuit, towel, and the clothes on your back and take off might be, it’s important to pack the right things on your trip. Make a list first of all the things you will need on your trip. Remember the obvious needs such as your clothing, shoes, and socks, and don’t forget other necessary items such as toiletries, camera and batteries, chargers, deodorant, shampoo, and toothbrushes and floss. You can always create your own checklist here!

Be Smart on the Road – Road trips are meant to be experience with a sense of exuberance and freedom, but not being properly prepared can quickly kill the mood. Keep your phone charged in case of roadside emergencies, and be sure that your children are properly buckled in your car. Before leaving, don’t forget to pack the following in an emergency kit: water, a flashlight, jumper cables, warm blankets, flares, a first-aid kit, and tools to change a tire.

Make Sure Your Insurance is Up-To-Date – What better time to come in and visit us than before taking a vacation or road trip? Please remember to stop by our office for a visit to ensure that your auto insurance is up-to-date before hitting the road! We can review your policy and help you identify if you need to update any information or not. You can also review your home and life insurance policies while you’re here.

If you have any questions about how to have a memorable and relaxing vacation or if you’re interested in reviewing your insurance policy, feel free to contact us! Stop by our office for a visit, call us at 1-800-766-MMIC, or visit us online at We are dedicated to providing you superior service and putting your troubles at ease!

Welcome to Our Blog! See Why It Makes Sense to See Us!

Hello, world, and welcome to Madison Mutual’s very own blog! If this is your first time hearing about Madison Mutual, then you have been missing out!

“Who exactly is Madison Mutual?” you might ask. We like to think of ourselves as an incredibly dedicated company that is here for you and your family whenever you need us. We provide superior personal lines of insurance products to our policyholders (that’s you!) at a competitive, reasonable price. At Madison Mutual, you are family to us, which means that we are absolutely committed to your well-being and the well-being of our agents, employees, and all of the wonderful communities in which we live and operate.

We also have a very long history here in Edwardsville, Illinois – the heart of Madison County! Madison Mutual was founded in 1920 as the Madison County Mutual Automobile Insurance Company, and until 1982, we exclusively wrote auto insurance in Madison County. In 1983, we expanded our insurance lines to include Home, Farm, and Personal Umbrella while enlarging our territory to the State of Illinois.

To this day, over 90 years later, we are still continuing to grow and expand our network throughout the Midwest all while striving for best-in-class service for you! We currently have over 200 agencies representing us in Illinois and Missouri with more than 500 licensed producers. We plan on further expansion in the Midwest!

If you would like to know more about us, are interested in insurance, or are curious about switching over to our services, feel free to visit us! We are located on Route 157, about 3 miles north of Interstate 270, and about 20 minutes away from the city of St. Louis! You can also contact us at 1-800-766-6642 or visit us online at! Don’t forget to like us on Facebook and follow us on Twitter to keep up with all the information and fun facts that you could possibly want!

We look forward to hearing from you, and be sure to check back again for more blog posts!