From the monthly archives: March 2011

We are pleased to present below all posts archived in 'March 2011'. If you still can't find what you are looking for, try using the search box.

How to Insure an "Extended" House Guest

Written by on 3/29/2011 6:17 PM . It has 0 Comments.

Question: My 28-year-old son was laid off and is now living at home with us again. He’s brought all his stuff, which we’re storing in the garage. While he’s with us, he’ll be helping out with household expenses as much as he can. Does he need renters insurance? What additional insurance do we need to get, if any? Answer: A growing number of adult children have had to return home to survive the recession. The so-called boomerang effect does have insurance consequences, but your son doesn't need renters insurance, even if he pays you rent. The only exception is if he's living in a separate rental unit, such as an apartment above your garage. Your son's belongings are protected under your home insurance policy while he's living with you. However, whether your home insurance policy limits are high enough to cover all your possessions, plus his stuff, is another question. Home insurance coverage for personal belongings is usually a percentage of the coverage amount for the dwelling. Revi ...

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What Determines the Price of Your Auto Insurance?

Written by on 3/22/2011 7:15 PM . It has 0 Comments.

If you own a car, auto insurance is not just an option, it’s a legal necessity.  If you are in an accident or have your car stolen, having the right kind of auto insurance can help to ease a very difficult situation.  As your local insurance advisors, our job is to ensure that you are properly protected -- and we take that responsibility very seriously.  However, you might be curious as to how the insurance companies come up with the price of your auto policy. Here are the primary factors that influence the price you pay for auto insurance... Your driving record: The better your record, the lower your premium. If you've had accidents or serious traffic violations, you will pay more than if you have a clean driving record. You may also pay more if you haven't been insured for a number of years. The number of miles you drive each year: The more miles you drive, the more chance for accidents. If you drive a lower than average number of miles per year, less than 10,000, you will ...

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Drinking and Driving Prevention: Safety Tips

Written by on 3/17/2011 5:32 AM . It has 0 Comments.

In traditional St. Patty's Day fashion, you might be enjoying a pint of green beer with some friends and family this evening.  As your protection specialists, your safety is our primary concern.  Therefore, if you know someone who is thinking about driving after kicking back a few drinks, here are some tips on how you can intervene without causing a scene. If the person is a close friend, try to use a soft, calm approach at first. Suggest that they've had too much to drink and it would be better to let someone else drive or to take a cab. Be calm. Joke about it. Make light of it. Try to make it sound like you are doing them a favor. If the person is somebody you don't know well, speak to his/her friends and have them make an attempt to persuade him/her to hand over the keys. Usually, they will listen. If the person is a good friend, spouse or significant other, tell him/her that if they insists on driving, you are not going with them. Tell them that you will call som ...

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Home Inventory Checklist - Do You Know Your "Stuff?"

Written by on 3/9/2011 4:49 PM . It has 0 Comments.

Have you lived in your house/condo/apartment for a long time?  Have you recently had a change in your household?  Have you added some new items (flat screen TV?  artwork?)  When was the last time you actually looked around your space and thought about what it would cost to replace your possessions?  Sure, you have insurance…but is it enough? While it's important to protect the contents of your home -- through alarm systems and adequate insurance -- it's also vital to know exactly what you are protecting. No home protection system is complete without a thorough inventory. Imagine, for a moment, that one day soon you come home to find your residence engulfed in flames. You have insurance for the home and its contents, but . . . what would you do if you had to produce an accurate inventory for insurance purposes? The best answer is that you already have one, which is in a safety deposit box or at your work or with a relative. Here's a step-by-step guide on how to produce an inve ...

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What to do if you're hit by an uninsured motorist

Written by on 2/28/2011 4:45 PM . It has 0 Comments.

More drivers are letting their car insurance lapse because of the sour economy, putting themselves and others at risk. Several hundred thousand drivers dropped their insurance in the past year as the unemployment rate climbed.  In addition, research shows that almost 40% of individuals applying for auto insurance online had let their policies lapse, up from 10% a couple years ago. This trend is bad for everyone on the road.  If you’re hit by an uninsured motorist, you may have to sue to recover costs, and many uninsured motorists have few assets. So, what can you do to safeguard yourself, your family and assets if you are ever injured by an uninsured motorist? You can protect yourself, family and most important assets by increasing your uninsured motorist coverage. How is this beneficial to you? Well, uninsured motorist coverage provides protection for you and all the members of your family that reside in the household with you.  It also includes any minor children that do not resi ...

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