From the category archives: Insurance Protection Blog

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Tips to Prevent and Combat Residential Electrical Fires

Nearly every home in America has a powerful and primed source of fire at this very moment, and it's called electricity. From overloaded outlets to dated or defective wiring, there's likely to be at least one electrical fire hazard in some corner of your home. The United States Consumer Product Safety Commission reports that faulty electrical wiring in residential homes cause over 40,000 fires each year. Over the last decade, defective electrical wiring has caused an average of 350 deaths per year. According to the National Electrical Safety Foundation, homeowners can use the following fire prevention tips to help create a fire-proof home electrical system: * Use child-proof outlets to prevent small children from sticking an object into the outlets. * Do periodic checks of all electrical cords, replacing any damaged or frayed ones, untangling knotted cords, and ensuring that none have been placed under carpets or rugs. * Never overload outlets or extension cords. Although not always present, it could be a ...
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10 Essential Hurricane Claim Tips

Hurricane Irene's destruction has left many people facing extensive property damage. Individuals who must file a claim have several things to do. First, make any emergency repairs that are necessary to prevent further damage. Don't attempt any non-emergency repairs until an insurance adjuster is able to assess the property. Be sure to take clear photos of the damage. Next, contact an individual insurance agent. If the number was lost in the damage, consult the Insurance Information Institute's list of claim phone numbers for various insurance companies. Before contacting an agent, consider the following common questions and valuable claim tips. 1. What To Do After Filing A Claim The most important thing to do is prevent further damage. Make sure property is secure, board broken windows, dry carpets and board damaged roofs. Don't attempt any major non-emergency repairs until an adjuster can see the damage. Keep receipts for emergency repair supplies and temporary accommodations. 2. How To Speed Up The Claim ...
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Get the Motorcycle Insurance You Need without Sacrificing Coverage

Motorcycle owners may be a risky bunch by nature, but when it comes to motorcycle insurance, it is not a good idea to indulge that tendency. If you own a motorcycle, you need to have sufficient insurance coverage in place. Fortunately, there are some proven strategies motorcycle owners can use to trim their insurance costs, without sacrificing the coverage they need. Ride Carefully - Keep Your Driving Record Clean Perhaps the most effective thing you can do to keep your motorcycle insurance rates low is to be a careful and proactive rider. Keeping your driving record clean can significantly lower your insurance rates, so be sure to take safety into account each and every time you ride. If you are a new rider, consider enrolling in a safe biking course. You can often find these courses at your local community college. Many insurance companies provide discounts for riders who successfully complete a safety course, so it may be worth your time and effort. Choose Your Motorcycle Carefully Some motorcycles se ...
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Steer Clear of Car Break-Ins

One Saturday, Jenny stopped by the mall for some afternoon shopping. The parking lot was packed, but she found a space at the very back of the lot. After she ate some lunch and shopped for a few hours, Jenny strolled back to her car—only to find that her passenger window was broken, and her laptop and iPod were missing. Her heart plummeted into her stomach, and she wasn’t sure what to do. If you’ve ever walked into a parking lot or your own driveway to discover a thief has broken into your car, you’re probably all too familiar with that terrible sinking feeling. Fortunately, there are some steps you can take to stop car robbers in their tracks. These criminals go for the simple jobs, so they usually choose vehicles that are parked in remote areas and have valuables in plain view. Don’t make yourself an easy target. Follow these five easy tips to steer clear of car break-ins: Tip #1: Choose your parking spot carefully. Car thieves generally target vehicles that are parked in ...
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Make Sure You Know What Your Condo Insurance Policy Covers

Despite the slump in the real estate market in recent years, many people find condominiums an attractive alternative to owning a separate dwelling. Typically, the condominium association is responsible for much or all of the building's maintenance. The selling price may be more affordable than free-standing homes in the same neighborhood. The structure may be younger and in better condition than separate dwellings in the same price range. For these reasons, owning a condo makes sense for many. Those who choose condos over separate dwellings, however, need to understand the proper way to insure their investments. While similar in many ways to homeowner's insurance policies, condominium unit owner policies have some significant differences. The most obvious difference is the subject of the insurance. A homeowner's policy insures against damage to a house and other structures on the property, such as an unattached garage or a fence. A condominium policy insures against damage to the condo unit, including altera ...
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Make Certain to Insure the Finer Things in Life

Do you own high value insurables such as coin collections, jewelry, furs, and collectibles? If so, it may be wise to develop a well-thought out strategy regarding the risk of loss or damage to the finer things in your home.  Most homeowner's policies limit the amount of coverage for luxury items, and an additional specialized policy may be required. These specialized policies or "floaters" are designed to cover valuable items at a pre-determined dollar amount as scheduled in the policy. If you prefer, your insurance company might be willing to cover your high value items on a blanket basis at an agreed upon value per type.  For instance, if you own quite a bit of fine jewelry, and you are comfortable with insuring all of it on an aggregate basis, you might agree upon $100,000 as the coverage amount.  If your home is decorated with antiques and you own fine china, check to see if your policy includes accidental breakage and if it needs to be scheduled.  Under a typical homeowner's policy, ...
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Why Condo Owners Need Insurance

If you own a condominium, you may think you don’t need insurance protection. Think again. Although your condominium association offers a “master” insurance policy that covers the building and commonly owned property, this insurance probably does not protect your upgrades, furnishings and other belongings.

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After the Accident - Working with the At-Fault Driver's Insurer

You have just emerged from a car accident, but the good news is that you are not at fault. Now comes the task of successfully dealing with the other driver's insurance company. In order to begin, you must collect certain details at the site of the accident from the at-fault driver: their name, address and phone number, the name of their insurance company, their policy number, their claims number and their insurance company's address. With this information you can begin the process by making a phone call to the company in question. Now, it is the responsibility of the at-fault driver to tell their insurance company about the accident; unsurprisingly, many of them are reluctant to do so. Therefore, it is a good idea for you to make the call in case they do not. During the call, tell the insurance company that you were involved in an accident with one of their policyholders and also inform them of any property damage or personal injuries, if any. At this stage, it is only necessary to report the simple facts of ...
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Discourteous Driving Can Be Deadly

Basic decency during driving can seem hard to come by these days. "Road rage" refers to the ability of perfectly sane people to become angry maniacs when behind the wheel of a car. On average, at least fifteen hundred people including men, women and children are killed or injured each year in America due to aggressive driving. Aggressive driving such as tailgating, cutting off other vehicles, and giving the one-finger salute are unfortunately quite common in the United States. In fact, the problem of discourtesy when driving is responsible for as much as thirty percent of all traffic collisions. Drivers routinely ignore the basic rules of driving, engaging in overtly aggressive behaviors even to the point of murder. One of the most important situations where discourtesy results in injuries or death to other drivers is in right-of-way situations. Whenever two vehicles are driving along a path that puts them at odds with one another, the problem of right-of-way becomes boiled down to who goes first. Right-of- ...
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Immediate Steps to Take After an Auto Accident

A car accident is always traumatic for any driver. Even if the damages are relatively minor, and both parties are uninjured, you may find yourself panicking over what to do next. There are important steps to take following any crash, no matter how severe. Since car accidents involve insurance companies, both drivers need to collect the necessary information. They can do this by following six basic steps. This article will outline these steps and make their priorities clear. 1) The most important thing is to stay calm at all times. Letting the emotions get out of control will only make the situation worse, and make it harder to take care of the things that need to be done. 2) After remaining in control, the driver must make sure that they and their passenger(s) are okay and unharmed. While it is important to move as far off the road as possible, it is also important if not more so to remain at the scene of the accident. If the driver or one of the passengers can do so, wave oncoming traffic into the other l ...
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