Contact Us
At Abel Luna Insurance, we’re dedicated to providing you with the best possible protection for all your insurance needs. Whether you’re looking for auto, home, life, or commercial insurance, our team is here to help you find the right coverage at the best price.
(956) 821-3113
Address
407 W U.S. Business 83 Mcallen, TX 78501
Frequently Asked Questions
How will my claim affect my premium when my policy renews?
Your current rate won’t change because of your claim. However, your rate might go up when you renew your policy. We’ll send you the new rate about 30 days before your renewal date. We’re available 24/7 to answer any questions and help you find ways to lower your rate. Some claims, like those with no payment or payments under $500, usually won’t increase your rate.
My vehicle was determined to be a total loss. What does that mean?
Generally, a vehicle is a total loss when the cost to repair it and return it to its pre-loss condition is greater than the value of the vehicle. In some states, a vehicle may be a total loss if the repair costs would exceed a percentage (e.g., 80%) of the vehicle’s value. A vehicle may also be a total loss if it cannot be returned to its pre-loss condition.
Is home insurance required?
While homeowners insurance, sometimes referred to as house insurance, isn’t mandated by law in any state, your mortgage company will typically require you to show proof of a policy before they’ll fund your home loan or equity line of credit.
Even if you don’t have a mortgage on your property, a homeowners policy may be valuable in protecting against damage to your property and belongings.
Does boat insurance cover the boat trailer?
Damage to your boat trailer is typically covered if you add your trailer to your boat insurance policy. You’re protected against damage to your boat trailer even if your boat isn’t on the trailer at the time of the incident.
Who can be on my health insurance plan?
With a family health plan, you can cover yourself, your spouse, and your children under 26. However, some employer-provided plans might not cover spouses or may limit coverage if they can get insurance through their own job. Employer-provided plans must cover dependent children, but companies with fewer than 50 employees are exempt from this rule.
What does life insurance cover?
Your beneficiaries can use the death benefit from your life insurance policy for any expenses they have. Some common uses for these funds include paying for funeral services, child tuition, mortgage payments, and other everyday expenses that would be a considerable burden with the loss of your income. Others may use their life insurance to leave an inheritance for their children and to settle any debt their estate holds once they pass away.