Vacations are precious escapes, but they can also be expensive and subject to disaster. Travel insurance can provide some useful protection-find out whether it's right for you.
Thousands of unsuspecting motorists are carjacked every year.
To minimize the danger of being carjacked:
To prevent your car from being stolen:
If your car is stolen, have the following information ready to give to the police:
With the beginning of summer, eyes are turning longingly to that irresistible, shimmering blue backyard oasis, the ol’ swimming pool. Whether yours is on-ground, in-ground, or above-ground; a trusty vinyl blow-up, or maybe something a little less humble, there are (of course) a few rules that can make pool time more safe and more fun for everybody!
*Never leave small children unsupervised—not even for a few seconds. (Also, removing toys or floats from the pool when it’s not in use will reduce the temptation for little ones to jump in.)
*Completely surround the pool with a four-sided barrier, such as a fence with self-closing gates. If your home makes up any of the four surrounding sides, consider installing alarms on doors that lead out to the pool to prevent small children from accidentally wandering out into the area.
*Make sure any regular pool users know how to swim. If you have children, have them take swimming lessons as early as possible. Also, beginners or learners should always be accompanied in the pool by a strong swimmer.
*Check the pool area regularly for glass bottles and other potential accident hazards. Also, keep electrical devices (radios, fans, portable device chargers) away from pools or nearby wet surfaces.
*Alcohol and water do NOT mix. Limit alcoholic beverage consumption around the pool: The CDC reports that alcohol use is involved in 70% of all adolescent and adult deaths associated with water recreation.
*For more information on how to have a safe and happy summer, PoolSafely.gov has a raft of great safety tips and other resources.
SPECIAL BUSINESS COVERAGE
Many businesses—especially small businesses with fewer employees—depend on a single person or a few key people for their success. If a key person becomes unable to work or dies, the business might lose valuable accounts or be temporarily unable to operate, resulting in lost revenue.
The loss of an important employee can hurt the morale of a business, but the financial impact can be mitigated if a business purchases key person insurance. This type of coverage can enable a business to continue paying its bills and fund the search for a new employee. In unfortunate instances where a business cannot survive without the key employee, the funds from key person insurance can be used to pay severance to employees, distribute funds to investors and close the business in an orderly manner.
Key person insurance is usually owned by the business, which pays the premiums. This coverage is also a requirement of most banks and lending institutions when applying for financing or credit.
Please contact our office for more information on this valuable coverage.
Most car renters are covered by their own personal auto insurance, but exactly what is covered varies from company to company.
Jan Armstrong of the American Car Rental Association says the simplest thing is to check your own personal insurance first, and if you don't feel comfortable interpreting your own insurance policy yourself, just call your agent who will be able to tell you if you have coverage while you are driving a rental car.
Ken Elder of Thrifty Rental Car says that his company takes the riskiest drivers along with the best drivers, but they have no way of knowing which is which.
The Insurance Information Institute says do your homework so that you will know what kind of insurance you already have and whether or not you need to purchase more at the rental car counter.
Moving can be a stressful time—whether you’re moving locally or out-of-state, on your own or with a moving company. But knowing you have the right insurance to protect your belongings can ease the stress, so here are some tips for getting proper coverage before you putting the first piece of furniture on the truck.
Before You Move
Homeowners and renters policies provide coverage for your belongings up to the limits of your policy while your personal property is at your residence. However, your home insurance will not pay for any damage done to personal property while in the care of movers (i.e. the physical movement of belongings by movers). You can purchase trip transit insurance to cover your personal property for perils including theft, disappearance or fire while in transit or storage, but it does not provide coverage for breakage. Trip transit insurance can be written for the full value of your property, or as excess coverage over and above that provided by the moving company.
Ask your insurance professional the following four questions before you move:
Overlooked Auto Insurance Options
About one out of every eight U.S. drivers does not have an auto insurance policy, even though it is mandatory to purchase this coverage in 49 out of 50 states (New Hampshire is the exception), according to the Insurance Research Council (IRC). In several states, more than one in five drivers do not carry coverage.
If you’re involved in a serious accident with an uninsured motorist, you could be at risk for substantial financial losses.
For protection from losses arising from an accident with an uninsured motorist, consider purchasing uninsured motorist coverage. A handful of states require that this coverage be included in all auto insurance policies. Regardless of state requirements, you may already carry uninsured motorist coverage, so check your policy or ask your insurance professional.
Types of Uninsured Motorist CoverageSpecific options for uninsured motorist coverage vary by state and insurer, but in general there are three types of protection:
Insurance Needs of Young Singles