• BUSINESS SPOTLIGHT:
When choosing an insurance agent, there’s one very good reason to choose Nationwide Insurance agent Frank Amorim: “I know how to save you money,” he said.
Just one auto accident that causes an injury could cost a driver their home, so Amorim has advice for protecting his clients in such an occurrence.
“If my client injured a person in a car accident and that person gets a lawyer, their lawyer will search my client’s name to see everything he owns. If my client is retired, has a good income or owns a home, the lawyer will go after my client and he may lose his home,” Amorim said. “I’ve seen this happen a lot; new customers come into our office because their neighbor lost four homes in a lawsuit. That’s when I tell them about the value of having umbrella insurance that covers a client in a lawsuit that can go from $1 million to $10 million in coverage.”
Amorim is knowledgeable about every type of insurance in the industry, including life, home, disability, auto (including motor home, boat and motorcycle), business (including business property insurance), and retirement plans — financial variable life, variable annuities and 401k, Roth IRA and Traditional IRAs. Amorin holds both Series 6 and Series 63 licenses.
Reviewing his customers’ insurance coverage annually to see if their coverage currently meets their needs is essential to Amorim. “If my client’s insurance is no longer adequate, I explain their options for better coverage, while also focusing on ways to save them money,” he said. “If you have something to lose, make sure you’re protected!”
While attending Rutgers University, where he majored in business and finance, Amorim said he left the program when Lexus Financial hired him. While financing cars, he began to learn about the value of insurance. “I saw the importance of buyers knowing about their warranties and disability insurance, and what happened when people got into accidents and weren’t able to afford the high payments on expensive vehicles,” Amorim said. “I knew the value of adequate insurance.”
Amorim said he soon switched from financing to insurance and moved to California where he opened his own agency with Nationwide Insurance.
He donates a portion of his profits to the Cornerstone Church of La Jolla, which helps feed homeless people. In 2014, he was an award winner at the company’s Conference of Champions.
• Frank F. Amorim Agency, 5380 Clairemont Mesa Blvd., Suite 202, San Diego
• (858) 381-4004
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