Jewelry holds a special place in our hearts – a family heirloom passed down tan engagement or anniversary ring. These items not only carry emotional value but can also represent a significant financial investment. Unfortunately, accidents happen, and jewelry can be lost, stolen, or damaged. That’s why insuring your jewelry is one of the most important steps you can take to protect these items.
Why Insure Your Jewelry?
Accidents Happen Even the most careful among us can misplace or lose jewelry. A ring slipping off while swimming, a necklace getting caught and breaking, or an earring going missing during a busy day, these moments are more common than we might think.
Theft Jewelry is a common target for theft. Burglars know the high value of these items, and losing a prized piece to theft can be devastating.
When it comes to insuring your jewelry, there are two primary routes:
Homeowners or Renters Insurance Many people don’t realize that their homeowners or renters insurance might already provide some coverage for personal items like jewelry. However, the coverage is often limited in value, usually capping the payout at a relatively low amount. This means that high-value pieces may not be fully covered.
Scheduled Personal Property Insurance This is an additional coverage you can add to your homeowners or renters policy, specifically for high-value items. Scheduling your jewelry on your policy provides more comprehensive coverage and typically covers more scenarios, including mysterious disappearance (when the item is lost without a clear reason).
What Does Jewelry Insurance Cover?
Jewelry insurance can cover a wide range of scenarios, depending on the policy you choose:
Loss: Coverage for pieces that are lost, whether it’s a lost ring or an earring that falls out.
Theft: Financial protection in case of burglary or theft.
Damage: Covers repairs or replacement costs if your jewelry is damaged.
Worldwide Coverage: Some policies offer coverage for items no matter where in the world they are lost or stolen, providing peace of mind when traveling.
How to Insure Your Jewelry
Get an Appraisal To ensure you have the right amount of coverage, it’s important to know the exact value of your jewelry. A certified appraisal will give you a clear understanding of the replacement cost, ensuring your policy covers the full value.
Choose a Policy Work with your insurance agent to determine the best type of coverage for your needs. Be sure to ask about any deductibles, coverage limits, and exclusions.
Keep Documentation Keep receipts, appraisals, and photos of your jewelry in a safe place. This documentation will be essential if you ever need to file a claim.
You can schedule your jewelry on your home or renter’s policy, or you can purchase a stand-alone policy. Jeweler’s Mutual is one option.
My heart goes out to our neighbors in Western North Carolina, Tennessee, and other southern states. The damage and loss is unprecedented! While Central Kentucky was spared the worst of the storm damage, now is the time to make sure your property is in the best condition to withstand upcoming weather events.
Whether it’s a tornado or severe thunderstorm, it’s critical to protect your home before the next storm hits to minimize damage and ensure your family’s safety.
Here are some key steps to take based on lessons learned from the latest storm.
1. Inspect and Reinforce Your Roof
Roofs are particularly vulnerable to high winds and heavy rain. Inspect your roof thoroughly for loose or damaged shingles, cracks, or other signs of wear or have a professional do so. Replace damaged shingles and consider reinforcing your roof with storm-resistant materials.
2. Fortify Windows and Doors
Many homes experience significant damage when windows are broken by flying debris or high winds. Don’t forget about doors—particularly garage doors, which are often the weakest point. Reinforce them to ensure they can withstand strong winds.
3. Clear Gutters and Drains
Flooding was a major issue during the recent storm, and clogged gutters only made it worse for many homeowners. Ensure your gutters and downspouts are free of debris so that water can flow away from your home. If your home is in a low-lying area, consider installing additional drainage solutions to minimize flood risk. French drains may be a good option.
4. Trim Trees and Remove Loose Items
Fallen trees and flying debris can cause a lot of damage. Trim any overhanging branches and cut back dead or dying trees near your house. Additionally, bring in outdoor furniture, grills, and other loose items, as they can become dangerous projectiles during strong winds. TRAMPOLINES ARE A HUGE RISK IN WIND STORMS. Tie them down securely.
5. Secure Backup Power Sources
Power outages were widespread in our area after the most recent storm, leaving many without electricity for days. Consider investing in a generator to keep essential appliances running during outages. Make sure you have fuel on hand and know how to operate the generator safely.
6. Prepare an Emergency Kit and Evacuation Plan
Prepare an emergency kit that includes flashlights, batteries, first aid supplies, food, water, and important documents.
7. Check Insurance Coverage
In the aftermath of a storm, many homeowners discovered they were underinsured. Review your homeowner’s insurance policy to ensure it covers storm-related damages such as wind, hail, and flooding. Consider adding flood insurance if you live in an area at risk. Flooding is not included in your standard home insurance coverage!
We recommend the Flood Guru for flood insurance. Here is his website for a quote if you’re interested.
By taking these steps, you can significantly reduce the risk of damage to your home and keep your family safe in the event of a future storm. Preparing ahead of time can make all the difference when the next storm hits.
Life can be unpredictable, and unexpected events can sometimes lead to big financial problems, even for careful and responsible people. While having basic insurance for your home, car, or rental property is essential, these policies might not cover everything. This is where an umbrella policy comes in handy, giving you extra protection when you need it most.
What is an Umbrella Policy?
An umbrella policy is extra insurance that goes beyond the limits of your regular policies. It acts like a safety net, covering costs that your standard insurance can’t handle. Think of it as an umbrella (extra insurance) that shields you from heavy rain (catastrophic claim). The coverage from an umbrella can be triggered by a claim on your home or auto policy.
Why Should You Get an Umbrella Policy?
Extra Coverage for Big Claims: Accidents can happen anytime, and they can be expensive. If you’re responsible for a serious car accident or someone gets hurt on your property, the injury costs might exceed your insurance limits. An umbrella policy covers those extra expenses, so you don’t have to pay out of pocket (up to the limit of the policy).
Protection Against Lawsuits: We live in a society where lawsuits are filed for all kinds of reasons. If someone sues you for defamation or because of an injury on your property, the legal fees and settlement costs can be overwhelming. Umbrella insurance helps cover these costs.
Protecting Your Assets: You’ve worked hard for your savings, investments, and property. Without an umbrella policy, a large claim could force you to sell assets or drain your savings. A judge could also order your wages to be garnished to pay a judgement.
Affordable Peace of Mind: Despite offering extensive coverage, an umbrella policy is very inexpensive and gives you additional discounts on your auto and home policies. Given the potential financial burden of a major claim, the cost of an umbrella policy is a small price to pay for significant peace of mind.
Real-Life Examples of Umbrella Policy Benefits
Imagine you’re in a car accident and found at fault. The total damage and medical bills exceed your auto insurance limits by $500,000. Without an umbrella policy, you would have to pay that amount yourself. If you have half a million dollars sitting around, wouldn’t you rather use it for you and your families benefit, instead of paying for a stranger’s injuries? With an umbrella policy, the extra costs are covered, protecting your finances (up to the policy limits).
In another scenario, if your dog bites a neighbor’s child, leading to high medical bills and a lawsuit, your homeowner’s insurance might not cover everything. If the settlement exceeds your policy limits, an umbrella policy would take care of the remaining amount, keeping your savings intact (up to the policy limits).
If you have a pool on your property and you don’t have an umbrella policy in place, get one immediately! There are so many ways that a guest can get hurt – this is a big exposure for risk.
Who Needs an Umbrella Policy?
While everyone can benefit from an umbrella policy, it’s especially important for people with significant assets, business owners, landlords, or anyone at a higher risk of being sued.
Want to learn more about umbrella policies? Contact us today! Share this post with friends and family to spread the word about the importance of extra insurance coverage. Follow us on social media for more tips on protecting your future!
This is a question our office gets all the time! Whether you’re a first-time homeowner or have owned several homes over the years, it’s essential to know how your insurance policy handles water damage.
What is Water Damage?
First things first-water damage refers to any destruction caused by water intruding where it shouldn’t, leading to potential destruction of materials and systems within your home. This could result from various scenarios such as:
Burst pipes
Leaking roofs
Overflows from sinks, bathtubs, or toilets
Natural disasters like heavy rain or flooding
Types of Water Damage Covered by Homeowners Insurance
Your standard homeowners insurance typically covers certain types of water damage. Here are the main scenarios usually covered:
Sudden and Accidental Damage: If a pipe bursts unexpectedly (like many did on Christmas 2022) or your washing machine hose suddenly breaks, causing water damage, this is usually covered. The key terms here are “sudden” and “accidental.”
Roof Leaks: Damage from a storm causing your roof to leak and resulting in water damage inside your home is typically covered. However, if the leak is due to poor maintenance, you might be out of luck.
Overflow and Discharge: If your bathtub or toilet overflows due to a blockage or malfunction and damages your floors, this type of water damage is generally covered.
What’s Typically Not Covered?
Unfortunately, not all water damage is covered by a standard policy. Here are a few examples of what’s usually not included:
Gradual Damage: Water damage resulting from a slow leak over time, which could have been prevented with proper maintenance, is typically not covered. Regular inspections and upkeep are key to preventing this type of damage.
Flood Damage: Damage from natural flooding (like heavy rain, storm surges, or overflowing rivers) isn’t covered under standard homeowners insurance. For this, you’ll need separate flood insurance. We usually work with The Flood Guru for these types of policies. https://www.floodinsuranceguru.com/
Sewer Backup: Damage from a sewer or drain backup usually requires additional coverage known as sewer backup coverage. Check with your insurer to see if this is included or if you need to add it to your policy.
Tips for Protecting Your Home from Water Damage
Prevention is always better than cure, especially when it comes to water damage. Here are a few tips to help protect your home:
Regular Maintenance: Inspect your home regularly for signs of leaks or damage, especially in areas prone to water exposure like the roof, basement, and bathroom. Look under the kitchen sink too for signs of damage.
Install Water Alarms: These handy devices can detect leaks early, helping you address issues before they escalate.
Maintain Your Gutters: Ensure gutters and downspouts are clear of debris to prevent water from backing up and causing damage.
Know Your Policy: Familiarize yourself with your insurance policy’s specifics regarding water damage. Don’t hesitate to ask your insurance agent about any unclear aspects.
If you have any questions or need clarification about your policy, don’t hesitate to reach out to your insurance agent. Stay proactive, and your home will be well-protected against water damage.
We posted a blog about an umbrella insurance policy before, but since it’s been a few years, let’s review again.
In today’s world, insurance is a common aspect of financial planning. Most people have auto, home, and life insurance policies to safeguard their assets and loved ones against unexpected events. However, there’s one crucial type of coverage that often goes unnoticed but can prove to be a lifesaver in dire situations: umbrella insurance.
Picture this: You’re involved in a car accident that results in the tragic loss of life, and a jury awards the deceased’s family $900,000, factoring in the potential earnings of the victim. Or perhaps you’re helping a friend with some home improvement tasks when an accident occurs, leading to a severe injury that costs over $1.2 million in damages. These scenarios may seem improbable, but they highlight the harsh reality of personal liability claims.
This is where umbrella insurance comes into play. Essentially, it provides an additional layer of protection beyond the limits of your existing homeowner’s or auto insurance policies. With umbrella coverage, you can secure an extra $1 million or more in liability protection, shielding your assets and financial future from the potentially devastating impact of high jury awards.
Why might you need umbrella insurance? Consider this: if you have a job with significant earning potential or own assets that could be seized to satisfy a judgment, you’re at risk of facing substantial financial losses in the event of a lawsuit. An umbrella policy acts as a safety net, offering peace of mind knowing that you’re prepared for the unexpected.
Despite its extensive benefits, umbrella insurance is surprisingly affordable. The peace of mind it provides far outweighs the relatively low cost of premiums. If you need to use an umbrella policy, you are dealing with a catastrophic event! The possible financial losses can be mitigated with a simple umbrella policy.
So, do you need an umbrella policy? The answer is a resounding yes, especially if you want to ensure that your hard-earned assets and future earnings are shielded from the potentially devastating consequences of a personal liability claim.
Don’t wait until it’s too late—reach out to your insurance agent to learn more about how umbrella insurance can safeguard your financial well-being.
You’re driving on New Circle Road or downtown Lexington and you hit a pothole, a manhole cover, or something similar on the roadway.
BAM! Your car sustains subsequent damage; do you have any recourse with the Department of Transportation? Should you file a claim on your auto insurance for the damage to your tire/wheel/rim?
There are mechanisms in place to protect drivers from the potential negligence of government entities. In Kentucky, the Board of Claims helps to ensure that individuals who have suffered damages due to such negligence receive a thorough and impartial review of their claims.
It’s essential to understand the process when considering filing a claim with the Board of Claims. Anyone who believes they have suffered damages can initiate the process, seeking restitution. Whether it’s property damage, personal injury, or financial loss, the Board is here to provide a platform for resolution. This also applies to damage caused by the roads.
It’s also important to note that the Board of Claims considers various factors when evaluating a claim, including any compensation received from other sources, such as private insurance. This practice helps to ensure fairness and prevent double recovery for the same damages.
For those who may need assistance navigating the application process or require a paper copy of the claim form, reach out to the Board’s office at 502-782-8255 for support and guidance throughout the process. You can also check out their website at www.kyc.ky.gov.
However, if you aren’t successful going down this path, contact your insurance agent to discuss the coverage you may have on your policy to help with the damage. You may also be served by paying for the damages out of pocket. Check with your agent to find the right solution for you.
At Castle Insurance, we’re all about helping you navigate the complexities of business risks with confidence. If you’re running a business, you know that having the right insurance coverage is crucial. Let’s dive into the basics – General Liability Insurance – your ultimate safety net!
What’s Covered:
Bodily Injury Liability: Picture this: You’re hosting a bustling event, and someone takes a spill. No sweat! General Liability Insurance steps in to cover those medical bills and legal fees if someone gets injured on your premises. Another great example is a slip and fall on your business premises.
Property Damage Liability: Workers from a snow removal company make a mistake with a snowplow, damaging a parked vehicle. Or perhaps your delivery personnel, installers, or handymen working within a client’s home accidentally knock over and break an antique item. Oops! Your insurance has your back, handling the costs to fix or replace whatever got damaged.
Advertising Injury: Ever worry about rubbing someone the wrong way with your marketing? Fear not! General Liability Insurance covers sticky situations like defamation claims or copyright issues – it’s all included for most types of businesses!
What’s Not Covered:
Professional Liability: We all make mistakes, but when it comes to professional errors, General Liability Insurance won’t cover you. If your services lead to a mishap, consider Professional Liability Insurance for that extra layer of protection. If your industry requires a license or certification, you need this type of coverage.
Employee Injuries: Your team is your backbone, but if they get injured on the job, General Liability Insurance won’t foot the bill. That’s where Workers’ Comp Insurance comes in handy, ensuring your employees are taken care of.
Intentional Acts: Keep it cool, stay ethical, and avoid intentional harm. If things go south and you’re found to have caused harm deliberately, your insurance might not come to the rescue. Just be a good person and good business owner.
With General Liability Insurance on your side, you can tackle business challenges with peace of mind. and focus on what you do best.
As a business owner, the responsibility of managing a company extends far beyond the bottom line. Ensuring the safety and well-being of your employees is not only a moral duty but a strategic move for the longevity of your business. One integral aspect of this commitment is understanding the ins and outs of workers’ compensation insurance. In this blog, let’s embark on a journey to unravel the significance of workers’ comp insurance, demystifying the processes involved, including estimating premiums and navigating through audits.
Decoding Workers’ Compensation Insurance:
Workers’ compensation insurance is like a safety net for both employers and employees. It’s designed to provide financial protection in the unfortunate event of a work-related injury or illness. This insurance not only supports your team members during challenging times but also shields your business from potential financial pitfalls.
Why is it Essential for Business Owners?
Legal Compliance: In Kentucky, you are required to carry work comp insurance for your employees AND any contractors (1099) that work for you throughout the year. Non-compliance can lead to legal troubles, fines, and headaches you’d rather avoid. So, it’s not just about doing the right thing; it’s about staying on the right side of the law.
Employee Well-being: Your team is the backbone of your business. Workers’ comp ensures that they receive the care and financial support they need in case of a workplace injury or illness. This not only helps them recover faster but also builds a sense of trust and loyalty towards your company.
Financial Protection for Your Business: Accidents happen, and when they do, workers’ comp shields your business from the financial fallout. It’s not just about avoiding lawsuits; it’s about ensuring that your business stays financially robust, even in the face of unexpected challenges.
Understanding the Estimated Premium Process:
Estimating the premium for workers’ compensation insurance involves considering various factors unique to your business. This includes the type of industry you operate in, the size of your workforce, the nature of your operations, and your historical claims record.
Let’s break down these factors:
Industry Influence: Certain industries naturally carry more risks than others. The nature of your business activities significantly influences the premium. For instance, if you’re in construction, expect a higher premium compared to an office-based business.
Workforce Size Matters: The number of employees directly impacts the premium. A larger workforce generally means more exposure to potential risks, which may result in a higher premium.
Claims History: Your business’s track record with claims is a critical factor. A history of frequent or severe claims might increase the premium. On the flip side, a strong safety record can contribute to lower insurance costs. Work with your insurance agent to be sure you are utilizing all resources for risk management regarding your employees.
Demystifying the Audit Process:
Insurance providers conduct audits to ensure the accuracy of the premium calculations. This involves a thorough review of your payroll records, employee classifications, and other relevant documents. The aim is to align the initial premium estimate with the actual risk exposure of your business.
Navigating the landscape of workers’ compensation insurance might seem complex, but it’s an investment that pays off in more ways than one. As a business owner, it’s about safeguarding your team, complying with the law, and fortifying the financial resilience of your enterprise. By understanding the factors influencing premiums and the audit process, you empower yourself to make informed decisions that not only protect your employees but also secure the future of your business. Workers’ compensation insurance isn’t just a requirement; it’s a strategic move towards a safer, more stable, and thriving business.
The holiday season is a time of joy, laughter, and festivities, but it’s also essential to prioritize safety to ensure that your celebrations remain merry and accident-free. As your favorite insurance agent, I am here to provide you with valuable tips to safeguard your home, loved ones, and belongings during this magical time of the year.
Secure Your Home Against Burglaries: The holiday season often sees an increase in burglaries. Before leaving for holiday gatherings or vacations, double-check that all doors and windows are securely locked. Consider investing in a smart home security system for added protection. This not only helps prevent break-ins but may also make you eligible for insurance discounts. Also, post your away-from-home Christmas travels on social media AFTER you return. Don’t advertise that you will be gone to Aruba for a week beforehand.
Mindful Decoration Practices: While decking the halls, it’s crucial to be mindful of your decoration choices. Opt for flame-resistant or flame-retardant decorations to reduce the risk of fire hazards. Keep candles and decorative lights away from flammable materials and never leave them unattended. Water your Christmas tree regularly, and if you choose an artificial tree, ensure it is labeled as fire-resistant.
Travel Safety Precautions: If your holiday plans involve travel, take precautions to ensure a safe journey. Before hitting the road, make sure your vehicle is in good condition with all necessary maintenance completed. Plan your route in advance, check the weather forecast, and allow extra time for potential delays. Keep emergency supplies in your car, such as a first aid kit, blankets, and non-perishable snacks.
Protecting Your Personal Liability: Hosting holiday gatherings is a cherished tradition, but it’s essential to consider your personal liability. Ensure that your property is free of hazards that could lead to accidents, such as slippery walkways or loose rugs. Keep an eye on guests, especially if alcohol is involved, and encourage responsible drinking. Confirm that your homeowner’s insurance provides adequate liability coverage for potential incidents.
Safeguarding Your Gifts and Valuables: The holiday season often involves the exchange of gifts and the presence of valuable items in your home. To protect these cherished possessions, consider taking inventory of your valuable belongings and ensuring they are adequately insured. Documenting items through photographs and keeping receipts can expedite the claims process in case of loss or damage.
By implementing these safety tips, you can enjoy a festive and worry-free Christmas with your loved ones. Remember, a little precaution goes a long way in safeguarding what matters most. Wishing you a safe and joyful holiday season!
by RaeAnna Barstowon September 20, 2023 (Erie Insurance)
Looking for ways to save money on your insurance? You may be eligible for valuable discounts on your auto policy. We want to make sure you’re getting the best value for your dollar based on the coverage you and your family need.
That’s where a coverage review with your agent comes in. Are you driving less? Or are you adding more drivers? These are just a few things that can make you eligible for savings. Take a look at the list below to see if you might be eligible for any of these discounts1 (and then talk to your ERIE agent).
Find out if ERIE is right for you. A local agent will be in touch.
Your Window to Savings
Less is More. If you’re a claims-free driver and have the record to prove it, check out ERIE’s Diminishing Deductible2option available in the ERIE Auto Plus® endorsement.
Lock in Your Rate. Avoid insurance rate increases, even after a claim, with ERIE Rate Lock®.3 Your rates won’t change until you make certain changes to your auto insurance policy, like adding or removing a driver or changing your primary residence.
Everyone Deserves a Break. With First Accident Forgiveness, you won’t be penalized and get a surcharge the first time you’re at fault in an accident after you’ve been an ERIE Customer for three or more years.4
Customize for Your Needs. The higher your deductible, the lower your premium can be. You can adjust your deductible to fit your specific needs and budget (keep in mind some lenders stipulate how high a deductible can go).
The More the Merrier. If you insure multiple cars or have multiple policies with ERIE, there could be discounts available. Talk to your ERIE agent.
On the Road Again…or Not. If you plan to store your vehicle for 90 consecutive days or more, ERIE offers a reduced usage discount in most states.
Simply Say Safety. You may be able to save if your car has safety equipment like factory-installed air bags, anti-theft devices and anti-lock brakes (anti-lock discount not available in Kentucky).
Just Once. How about if you want to pay your annual premium (premium is just a fancy word for the price of insurance) in one lump sum? There’s a discount for paying in full up front.
Young Drivers. Unmarried drivers under 21 who reside with their parents may be eligible for additional savings on their car insurance.5
Savings Are Just a Conversation Away
Every penny counts – we get that! And that’s why we want to ensure you’re getting the best value for every dollar spent on your insurance. If you have questions regarding specific discounts or would like to see different pricing options, we encourage you to talk to your ERIE agent. After all, who doesn’t like to save a little money?
Savings percentages are over individually purchased policies when combined with life and/or personal catastrophe liability coverage policies. Discounts subject to eligibility criteria and rates and rules in effect at the time of purchase. See individual policies for specific coverage details. Certain terms and limitations may apply. Refer to our disclaimer for more information.
2Coverage must be purchased to be added to an auto policy. The deductible is reduced by $100 for each claims-free year that this policy has been in force, beginning with the first policy renewal period after this endorsement was added, up to a maximum reduction of $500. In New York, comprehensive deductible cannot be reduced to less than $50 and collision deductible cannot be reduced to less than $100.
3Rates subject to change if you add or remove a vehicle, add or remove a driver, or change your address or the location where an insured vehicle is principally parked. ERIE Rate Lock® does not guarantee continued insurance coverage. Not available in all states and referred to as ErieSelect in Maryland. Limited to three years in Virginia. Insured must meet applicable underwriting guidelines. Premium may change if you make a policy change. Refer to our disclaimer for more information.
4Available after policyholder has been insured with ERIE for three years and has been accident free for those first three years. Available immediately in North Carolina. In New York, First Accident Forgiveness is available immediately with ERIE RateProtectSM policy but applies to first paid claim, except for Roadside Service claim. Not available if Rate Protection Endorsement is chosen.
The thrill of the open road, the freedom of the highway – these are the things that make driving so exhilarating. Or maybe you’re just running your regular work/school/errands routes. But let’s be honest, life doesn’t always follow our perfectly planned routes. Sometimes, you find yourself stuck with a flat tire in the middle of nowhere, or your battery decides to call it quits during an unexpected downpour. That’s when your auto insurance policy’s secret weapon comes into play: Road Service.
In this blog post, we’ll discuss why it’s best to have road service as your backup plan, but also why you should aim never to use it. Buy AAA road service and use it instead if you can.
Road service is like that emergency tool you keep in your car’s trunk, just in case. It’s an additional feature of your auto insurance policy (if you have purchased it) designed to offer assistance when you’re in a bind on the road. Whether it’s a flat tire, a dead battery, or running out of fuel, road service is there to save the day.
Now, let’s explore why you should aim to keep your road service unused:
The most important reason NOT to use your insurance policy’s road service is it can affect your insurance rates and eligibility.Any time you a file claim for anything, it is counted against you as a claim. If you have too many claims, including road service claims, you can be ineligible for better rates with the premium insurance companies. A couple hundred dollars worth of road service claims over the course of a couple years can cost you way more in higher insurance rates.
Savings: While road service is undoubtedly a valuable addition to your insurance policy, using it means you’re dealing with a breakdown or emergency. Avoiding these situations altogether can save you both stress and potential out-of-pocket expenses.
Smooth Travels: Every driver wants a hassle-free journey. By taking proactive measures to maintain your vehicle, like regular maintenance and checking your tire pressure, you can significantly reduce the chances of needing road service.
Self-Reliance: There’s a sense of accomplishment that comes with resolving minor car troubles yourself. Learning basic car maintenance skills can empower you to handle common issues and reduce your dependence on road service.
Avoiding Emergencies: Sometimes, using road service means you’re in an emergency situation. By being a cautious and attentive driver, you can reduce the likelihood of these high-stress events.
While we encourage you to strive for a road service-free existence, there are situations when it’s entirely appropriate to call for help:
Safety First: Always prioritize your safety. If you’re in a dangerous location, such as a busy highway or inclement weather conditions, it’s better to use road service than to risk personal harm.
Lack of Knowledge: If you’re unfamiliar with basic vehicle repairs or don’t have the necessary tools, don’t hesitate to contact road service. It’s safer to leave it to the professionals.
Road service is a valuable resource, but it’s best left unused whenever possible. While you should have it in your back pocket as a safety net, strive for a trouble-free journey by taking care of your vehicle, practicing safe driving habits, and being prepared for unexpected situations. The goal is to enjoy the open road without ever having to dial that road service hotline.
As an insurance agent, my goal is to protect individuals and their assets from potential risks. With the upcoming festive season, one hazard that deserves special attention is fireworks. While fireworks are beautiful and a traditional part of many celebrations, it is crucial to understand the potential dangers they pose. In this blog post, I aim to shed light on the risks associated with fireworks and provide practical tips for a safe and enjoyable celebration.
Personal Injury Risks
Fireworks are essentially explosives, and mishandling them can lead to severe personal injuries. Burns, lacerations, and eye injuries are some of the most common firework-related accidents. Even seemingly harmless sparklers can reach temperatures exceeding 1,200 degrees Fahrenheit, which is hotter than the melting point of some metals. It is essential to exercise caution when handling any type of fireworks to prevent accidents and the subsequent medical expenses.
Property Damage
Fireworks not only pose a risk to individuals but also to their property. Accidental fires can result from improper use, such as setting off fireworks too close to buildings, trees, or other flammable materials. The financial burden of repairing or rebuilding damaged property can be significant, making it crucial to minimize the risk of fireworks-related incidents.
Legal Consequences
Aside from the physical dangers, the use of fireworks can also have legal implications. Many areas have specific laws and regulations regarding the use of fireworks, and violating these rules can result in hefty fines or legal penalties. It is essential to familiarize yourself with local regulations and restrictions before purchasing or using fireworks to avoid legal consequences that may impact your finances.
Tips for Celebrating Safely
Attend Professional Fireworks Displays: Instead of organizing your own fireworks show, consider attending a professional display organized by trained experts who take all necessary safety precautions, such as the city’s display downtown.
Respect Local Laws: Familiarize yourself with local laws and regulations regarding fireworks. Always purchase fireworks from authorized sellers and follow usage guidelines.
Keep a Safe Distance: Ensure there is ample space between fireworks and any nearby structures, trees, or people. A minimum distance of 30 meters (100 feet) is generally recommended.
Never Relight a Dud: If a firework fails to ignite or fully discharge, do not attempt to relight it. Wait at least 20 minutes and then soak it in water before disposing of it properly.
Protective Gear: When handling fireworks, wear protective eyewear and avoid loose or flammable clothing. Keep a bucket of water, a fire extinguisher, or a hose nearby in case of emergencies.
Children and Pets: Keep children and pets at a safe distance from fireworks, as they may not understand the risks involved. It may be best to keep pets indoors! Supervision is crucial to ensure their safety.
sparklers
While fireworks can add excitement and wonder to celebrations, it is essential to prioritize safety. By following safety guidelines, being aware of local laws, and making informed decisions, you can enjoy a festive occasion without putting yourself, your loved ones, or your property at unnecessary risk.
Remember, a few minutes of precaution can save you from weeks or even months of regret. Celebrate responsibly, and have a safe and memorable time!
Hey there, insurance seekers! Today, we’re diving into the marvelous world of independent insurance agents (like yours truly).
These unsung heroes of the insurance industry possess powers and quirks that make them a cut above the rest, especially when compared to their captive counterparts. So buckle up and prepare for a wild ride through the world of independent insurance agents!
The Power of Choice:
Picture this: You’re stranded on an insurance island, surrounded by a sea of policies. But fear not! Your trusty independent insurance agent swoops in like a superhero, armed with an impressive array of insurance options. Unlike captive agents (like State Farm or Kentucky Farm Bureau for example) who are confined to a single insurance company, these independent daredevils have the power to compare and contrast policies from multiple carriers. They’ll help you navigate the murky waters of insurance jargon, ensuring you find the perfect policy at the right price.
A Sense of Adventure:
If you’ve ever had the pleasure of interacting with an independent insurance agent, you know they’re far from boring. These daring individuals inject excitement and humor into the world of insurance. Who knew discussing policy deductibles could be so entertaining? With their infectious enthusiasm and quick wit, they’ll have you laughing your way to coverage like never before. Or at least feeling like you have some options!
The Sherlock Holmes of Policies:
Ever feel like finding the right insurance policy is akin to solving a mind-bending puzzle? That’s where your friendly neighborhood independent insurance agent comes in! They possess an uncanny ability to investigate your unique needs and tailor a policy just for you. Armed with their magnifying glass and a vast knowledge of the insurance landscape, they’ll uncover every nook and cranny of your coverage requirements. With their trusty deductive reasoning and penchant for detail, you’ll feel like you have an insurance detective on your side.
Personal Connection Experts:
One of the greatest assets of independent insurance agents is their ability to forge genuine connections with their clients. They don’t see you as just another policyholder; they see you as a unique individual with hopes, dreams, and a few quirks of your own. These charming agents take the time to understand your personal circumstances, enabling them to provide personalized advice and recommendations. Plus, they’re always up for a friendly chat, ensuring your insurance interactions are as enjoyable as they can be.
Your Insurance Sidekick:
Superheroes often have sidekicks who help them in their quests, and the same goes for independent insurance agents. Their sidekick? Unbiased advice! These heroes are not beholden to any specific insurance company, so you can rest assured that their recommendations are based solely on your best interests. It’s like having a trusty sidekick who always has your back, ensuring you get the coverage you need without any ulterior motives.
So, the next time you’re on the hunt for insurance, remember that independent insurance agents are here to save the day with their superpowers of choice, adventure, investigation, personal connection, and unbiased advice. They’re the heroes you never knew you needed, armed with knowledge to make your insurance journey a delightfully memorable one. Well, as delightful as insurance can be!
Until next time, insurance enthusiasts, stay covered and keep smiling!
Insurance rates can increase for several reasons, including:
Increased Risk: Insurance companies base their rates on the amount of risk they are taking on. If the risk of insuring you has increased, then your rates may go up. For example, if you’ve been in an accident, filed multiple claims, or have a poor driving record, your risk level may have gone up.
Inflation: Inflation can cause insurance rates to increase over time. As the cost of goods and services goes up, insurance companies may need to charge more to keep up with the increasing costs. This is a big factor in insurance rates right now. Buckle up! This trend is continuing for the foreseeable future.
Changes in Coverage: If you’ve made changes to your policy, such as adding additional coverage or decreasing your deductible, your rates may increase to reflect these changes.
Market Conditions: Insurance rates can be affected by market conditions, such as the supply and demand of insurance products, the cost of reinsurance, and the overall health of the insurance industry. All of these items are big factors in higher insurance rates right now.
Legal and Regulatory Changes: Changes in laws or regulations can also impact insurance rates. For example, if a state mandates that all drivers carry higher levels of liability insurance, rates may go up to reflect the increased coverage.
If you’re concerned about your insurance rates, you may want to speak with your insurance provider to better understand why your rates have increased and if there are any steps you can take to lower them. Maybe you can save a few dollars and spend the savings on the kids!
But as you give your Erie Insurance agent a call to add the new car to your car insurance policy, you realize their office is closed for the day. Now what? Can you drive your new ride home; or do you need to wait until Monday?
Is My New Car Insured if I Buy it on the Weekend?
If you’re a current ERIE customer, you’ll be happy to know that your new car will be automatically insured – even if you buy it on a Saturday or Sunday. Here’s how your coverage rollover works under a few different scenarios:
Replacing an old car. Your current auto policy doesn’t just vanish when you trade in your old vehicle. As long as your new vehicle is titled in your name, your coverage will carry over, for a period of time as described below, when you buy a new vehicle of the same type.
Buying an additional car. If you’re buying an additional vehicle, or just decided not to sell or trade your old car just yet, your newly purchased car will still be covered. In this case, it will be insured, for a period of time as described below, with the broadest coverage purchased on any vehicle on your ERIE policy for your household.
How Much Car Insurance Coverage Will I Have on My New Vehicle?
When we roll over your auto insurance to a new vehicle, we provide the broadest coverage purchased on any vehicle on your ERIE policy for your household.
Here’s an example: Let’s say you, your spouse and your teenage son are all on the same ERIE policy. Your spouse’s newer SUV is covered with high limits and multiple endorsements. However, you opted not to get all the bells and whistles on your teenage son’s old, high-mileage clunker. When you buy a new car, the broadest coverage – in this example, what’s on your spouse’s SUV – is what will temporarily apply to your new ride.
Are There Any Instances Where Coverage Rollover Does Not Apply?
As explained above, your auto insurance will almost always roll over to your new vehicle. However, there are a few exceptions you should know about.
Not all your cars are insured by ERIE. If you own one or more private passenger vehicles that are not insured with ERIE, then your car insurance from ERIE will not automatically roll over. In this situation, you should always call your ERIE agent in advance to add the new car to your policy before driving home.
You buy a motorcycle or RV. ERIE’s car insurance coverage rollover only applies for vehicles of the same type. That means if you already have a car insured with ERIE and you’re buying a new car, the coverage rollover applies. But if you’re buying a first-time motorcycle or RV, your auto coverage won’t roll over since you’re buying a different type of vehicle. (Read more about insurance for miscellaneous vehicles.)
What if the Dealer Needs to Verify My Insurance Coverage?
When buying a new car, the dealer may require you to verify your insurance coverage before handing over the keys. You can access your ID card directly2 from your online account or ERIE mobile app, or your local ERIE agent will be happy to verify your coverage.
How Long Do You Have to Report Your New Car?
If you’re actively car shopping, it’s smart to talk to your agent ahead of time. If you’re looking at a specific make and model – say, a certain zippy hybrid or a four-wheel-drive pickup – your agent can help you estimate what you’ll pay in premium and suggest ways to save.
When you do buy a new car, remember to report any changes promptly to your ERIE agent – preferably the next business day. But if you forget, don’t stress: You’ve got wiggle room. Your ERIE agent can help you personalize your policy with coverage that might make sense for your new vehicle.
In general, here’s how things work with three common types of coverage:
Liability coverage: Let us know about your new vehicle before the end of your policy period. If you buy your new vehicle within 30 days of the end of your policy, just make sure you report it to us within 60 days after acquisition, purchase or lease.
Comprehensive and collision coverage: When these coverages roll over from your existing policy, the lowest deductible applies. If you didn’t have comprehensive and collision on your old car, the coverages will apply, subject to a $500 deductible. However, the coverages will end seven days after you acquire, purchase or lease the vehicle or when you report the vehicle to us, whichever comes first.
What Information Do I Need to Report a New Vehicle?
Have this information on hand to report your new car to your insurance agent:
Make, model and year
Expected annual mileage
General usage information (such as how far you drive – for work or pleasure)
Vehicle identification number (VIN)
Titling and lienholder information
Will My Insurance Go Up When I Buy a New Car?
You could see some changes to your insurance premiums when you buy a new car. Remember: What you pay on your auto insurance bill depends largely on two factors: what you drive and how you drive.
Safer cars do a better job protecting the people inside them. Purchasing a vehicle with safety features like car alarms and anti-theft tracking devices can lower your premium, too.
It’s true: A new car depreciates the moment you drive it off the lot. That means if your car gets totaled, you could be in a tough spot if the value of your car is less than what you still owe on your car loan.
Good news: There’s a smart way to protect your investment. Talk to your local ERIE agent about adding the Auto Security coverage endorsement1 to your ERIE auto policy for a few extra dollars per month.
Buying a used car? The endorsement also offers “better vehicle replacement” for older vehicles.
We’ve Got You Covered
There’s nothing quite like the feeling of taking home a new car. Whether you’re buying your first set of used wheels or moving up to your first brand new ride, we’re here to offer protection and service for your pride and joy.
If you are sitting at a red light and are rear ended, I’m pretty sure you are going to have an opinion of who is at fault in that accident! It’s pretty cut and dried – not much room for interpretation. But did you know that if you are injured in this accident, the first $10,000 of your injuries will be paid through an insurance claim with YOUR insurance company. Why is that?
Kentucky’s “no-fault” law, officially known as the Motor Vehicle Reparations Act (MVRA), is a type of car insurance system that requires drivers to carry personal injury protection (PIP) coverage. This coverage provides benefits regardless of who caused the accident, which means that each driver’s insurance company pays for their own medical expenses and lost wages resulting from the accident, up to the limits of their PIP coverage.
Under the no-fault system, drivers can only sue the other driver for damages that exceed their PIP coverage, such as pain and suffering, permanent injury, or disfigurement. In order to pursue these types of damages, the injured party must meet certain legal thresholds, such as having medical expenses that exceed a certain amount or having suffered a serious injury. As you can see, it has nothing to do with damage to your car.
Overall, the no-fault system is designed to streamline the claims process and reduce the number of lawsuits resulting from car accidents. However, it can also limit the ability of injured parties to recover full compensation for their damages, particularly if their injuries are not severe enough to meet the legal thresholds required for a lawsuit.
When it comes to purchasing insurance, there are two types of agents you can work with – independent insurance agents and captive agents. While both types of agents can help you find the coverage you need, there are some key differences between the two that can affect your insurance experience. We’ll explore the differences between independent insurance agents and captive agents and explain why choosing an independent agent can be a positive choice for you.
Captive agents are agents who work exclusively for one insurance company. They can only offer you policies from that company, which means you may not have access to other options that could better fit your needs or budget. Captive agents often receive training and support from the insurance company they work for, which can help them provide a consistent experience to customers. However, their ability to offer customized solutions is often limited. Think of State Farm or Allstate in this category.
On the other hand, independent insurance agents work with multiple insurance companies. They can provide you with a range of policy options from different carriers, giving you more flexibility and choice. Independent agents are not beholden to any one company, which means they can recommend policies based solely on what’s best for you. This can be particularly useful if you have unique coverage needs or a challenging claims history. Independent agents are also often better equipped to find discounts and cost-saving options because of their access to multiple carriers.
Another benefit of working with an independent agent is that they can provide more personalized service. Since they are not working for a specific company, they are free to focus on building long-term relationships with their clients. This means they can take the time to understand your individual needs, answer your questions, and provide ongoing support.
Kris Castle
All insurance agents are also licensed and regulated by the state, which means they must adhere to strict ethical and professional standards.
While both independent and captive agents can help you find the coverage you need, I think there are distinct advantages to working with an independent agent. That’s not surprising, is it? Independent agents offer more choice, personalized service, and objective advice. They can also help you save money and provide peace of mind. So, if you’re in the market for insurance, consider working with an independent agent to get the coverage you need and the service you deserve.
As a parent, buying your teenager a car is a big decision! It’s a major purchase and it’s important to make sure you make the right choice.
Teens in car
Here’s what you need to know before taking the plunge.
Consider your budget. How much can you afford to spend? New cars are expensive, but you can often get a good deal on a used car. Consider the cost of insurance, gas, and maintenance.
Think about safety. Look into crash ratings and make sure the car you choose has as many safety features as you can afford. You may also want to look into cars that offer additional driver-assist technologies like blind spot monitoring and automatic emergency braking. Unfortunately, the chances are very high that this car will be in an accident, so keep that in mind.
Consider practicality. Does it get good gas mileage? Is it reliable?
Talk to your teenager. Ask them what kind of car they would like and let them help you in the shopping process. It’s important to involve them in the decision-making process and make sure the car you choose meets their needs. If possible, have them contribute financially to the car purchase.
Take your time. Don’t rush into a decision. Research your options and make sure you’re getting the best deal.
It’s also important to consider insurance premiums when buying your teenager a car. Insurance companies typically charge higher premiums for teenage drivers due to their inexperience and higher risk of accidents. Make sure to shop around for the best rates and look into common discounts such as good student discounts and multi-car discounts.
Make sure to do your research, talk to your teenager, and shop around for the best insurance rates. With a little work, you can find the perfect car for your teenager that is safe, reliable, and fits within your budget.
Trees are a beautiful and essential part of our environment, but they can also pose a significant risk during storms. When strong winds and heavy rain hit, trees can fall and cause extensive damage to property and even result in injury or loss of life. What a lesson we learned in Kentucky early in March! This is why it is crucial for homeowners to understand how insurance policies cover damage caused by falling trees during storms.
Homeowners insurance typically covers damage to property caused by falling trees, including damage to homes, garages, fences, and sheds. However, it is important to note that insurance policies can differ, so homeowners should review their policies and speak with their insurance agent to ensure they have adequate coverage.
Here are some key factors to consider when it comes to insurance coverage for fallen trees during storms:
Cause of the fallen tree: If a tree falls due to natural causes such as high winds or heavy rain, it is generally covered by homeowners insurance. However, if a tree falls due to neglect or lack of maintenance, such as diseased or rotting branches, the insurance company may deny coverage.
Damage caused by the fallen tree: Homeowners insurance typically covers damage to property caused by a fallen tree, including damage to the structure of the house, as well as personal property such as cars, furniture, and other belongings.
Clean-up and removal: Homeowners insurance typically covers the cost of removing fallen trees from your property, up to a certain limit. However, if the tree falls on a neighbor’s property, the neighbor’s insurance may be responsible for the removal costs.
Additional living expenses: If your home is uninhabitable due to damage caused by a fallen tree, your homeowners insurance policy may cover additional living expenses, such as temporary lodging and meals.
Deductibles: Homeowners should be aware of their insurance policy’s deductible, which is the amount the homeowner must pay out-of-pocket before the insurance coverage kicks in. Depending on the policy, the deductible may be a flat fee or a percentage of the total claim.
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To prevent fallen trees during storms, homeowners can take steps such as regular tree maintenance, including pruning and removing diseased or damaged branches, as well as planting trees away from power lines and structures. It is also important to review your homeowners insurance policy regularly and ensure that you have adequate coverage for storm-related damage.
Click on the link to find out more information about trees and your home insurance policy from Erie Insurance.
Driving while videoing, or more commonly known as “distracted driving,” is a growing problem on the roads. It refers to any activity that diverts the driver’s attention away from the road, such as using a cellphone, eating, or applying makeup.
In recent years, video recording while driving has become a popular trend among social media users, but it comes with serious risks and legal consequences.
According to the National Highway Traffic Safety Administration (NHTSA), distracted driving caused 2,841 deaths in 2018, which is a 12.4% increase from the previous year.
Additionally, the NHTSA reports that in 2019, 3,142 people were killed in motor vehicle crashes involving distracted drivers. Video recording while driving can contribute to these statistics by creating more distractions for the driver, making it more challenging to react to potential hazards on the road.
Car Accident
Video recording while driving also poses a significant risk to other drivers, passengers, and pedestrians. It diverts the driver’s attention from the road and can cause them to miss important traffic signals or signs, resulting in accidents. Additionally, drivers who are video recording may drive erratically or drift out of their lanes, creating further hazards for those around them.
Legal ramifications of driving while videoing vary by state, but most have strict laws in place to discourage it. In many states, it is illegal to use a phone while driving, including for video recording purposes. In some states, video recording while driving is considered a primary offense, meaning that police can pull over drivers who they see doing it. Offenders may face fines, points on their driving record, or even have their licenses suspended.
In some cases, video recording while driving can also result in criminal charges. If the driver causes an accident that results in injury or death, they may be charged with reckless driving, vehicular manslaughter, or other criminal offenses.
Think about this – you’ve just given attorneys recorded evidence that can be used against you. The severity of the charges will depend on the circumstances of the accident, including whether the driver was intoxicated or violating other traffic laws.
In conclusion, video recording while driving is a dangerous practice that can lead to accidents, injuries, and even death. You may think that you are fine, you are keeping your eyes on the road and that it’s no big deal. However, you are fooling yourself. Pull over and take the 60 seconds to record your message or content while you are safely stopped.
It is important for drivers to remain focused on the road and avoid any activities that can distract them while driving. Furthermore, obeying traffic laws and regulations is essential to keep everyone safe and prevent legal repercussions. Remember, no video or social media post is worth risking lives on the road.
