Monday, December 30, 2013

Checking Insurance Policies



Gene Hoda recommends checking insurance policies regularly to make sure you have enough coverage.

Friday, December 27, 2013

Homeowners Insurance And How It Protects People

Homeowners insurance is a necessity not only for anyone carrying a mortgage on their family homes but for anyone wanting to ensure it can be repaired or replaced if damaged or destroyed by a covered peril. A good home insurance plan offers a mix of property coverage and liability protection in case someone is injured or killed or their property is damaged or destroyed while on the insured parcel.
Typical homeowners plans protect owners against common perils, such as fire, internal flooding and damage from falling objects. And they all provide protection for detached structures, such as garages, sheds and other out buildings. A standard plan for insuring a home is considered a multiple-lines policy due to the fact it provides liability coverage as well as property protection. A single premium pays for both levels of insurance and can be very affordable compared to the possible cost of having a home destroyed or facing an expensive lawsuit filed against homeowners to cover medical costs or damages to another's property.
A dwelling policy is similar to a multi-line home insurance policy, except a dwelling policy applies to structures, such as a second home or a cabin, that are not occupied year-round. A homeowners plan applies to a fully occupied home and comes with broad-risk coverage with some exceptions. Not included in such policies is protection against external flooding, such as might occur when a river swells and causes widespread damage to nearby homes, wind and hail damage, volcanic eruptions, landslides, earthquakes and similar perils.
Fortunately, such destructive elements can be insured against with additional riders that will increase the cost of insuring homes but can be extremely beneficial. But two things that cannot be insured against involve intentional acts of mankind. If a home is damaged or destroyed by an act of war or is damaged or destroyed by an act committed by a local, state or federal government, no insurance coverage would be provided. An example of a government action destroying a home is when eminent domain is declared for the purpose of building a new highway and the home must be removed to make way for progress.
When choosing a standard homeowner plan, owners can choose between actual cash value policies and replacement cost plans. Actual cash value means the amount a home is worth at the time a claim is filed and takes into account depreciation and other factors that can reduce the value of a property. Such coverages are more affordable than replacement-cost varieties, but they can leave the homeowner spending money out-of-pocket if the cost of repairing or replacing the home is more than its actual value.
Replacement cost means the home will be repaired or replaced if afflicted by a named peril, but such coverages do cost more. Those who can afford them are well-advised to choose replacement cost protection instead of actual cash value, which is best reserved for lower priced homes that cannot depreciate a great deal over time.


Article Source: http://EzineArticles.com/7819907

Saturday, December 21, 2013

Top 10 Insurance Buyers Mistakes

Car insurance, or any type of auto insurance for that matter, is something we simply cannot avoid. In most developed countries, it's illegal to drive a vehicle on public roads without appropriate cover, so we really have no choice but to bite the bullet and cough up.
With that said, the average person continues to pay more than they need to, simply because they make the same mistakes over and over again. Here are 10 mistakes to avoid when it comes to car insurance:
1. Failure to Shop Around
Many people take out insurance with a particular company simply because the company was recommended to them by friends or family. This can prove to be a very costly mistake because there are so many variables involved, and besides, just because that may have had the best rates last year, doesn't mean they're still offering the best rates this year. You need to get quotes from at least six or seven providers before you make a decision.
2. Choosing the Minimum Deductable
The deductable is what you pay out of your own pocket should you submit a claim. The lower the deductable, the less you pay in the event of a claim, but the higher your premiums will be. Increasing the deductable amount, within reason of course, can lower the cost of auto insurance considerably.
3. Keeping the Same Level of Cover
Sure, if you buy a new car, or even a relatively new one, you'll want maximum cover, so you buy fully comprehensive cover. This type of cover will cover you completely, no matter what, but it costs. But, once your car has aged a bit, and decreased in value, do you really need maximum coverage? After all, you could end up paying more for insurance over a two year period than what your car is worth.
4. Failure to Inquire About Discounts
Don't assume your insurance provider is going to keep you updated regarding new discounts or special rates. Why would they want to voluntarily lose money?
5. Including Unnecessary Drivers
If you have more than one driver in your home, only include those who use your car regularly on your car insurance policy. This is particularly true in the case of teens. If your teenager only uses the car once or twice each year, rather opt for temporary cover when it's needed.
6. Including All Drivers as Fulltime Drivers
If your partner or child only uses your car occasionally, ask your insurance provider if they offer discount rates for occasional drivers or limited mileage.
7. Failure to Check Driving Record
While it may not be a common occurrence, many people end up paying more for insurance because their driving record shows a history of traffic violations and/or accidents, when in fact they have never had any such violations or accidents.
8. Poor Credit History
Contrary to what many people believe, many insurance companies, but not all, will run a credit check, and if you have a poor credit history, it can push up the costs of auto insurance dramatically. If your credit score is less than perfect, choose a provider that doesn't factor in a person's credit score.
9. Claiming for Minor Incidences
Don't submit a claim for minor things. If you can pay for minor repairs out of your own pocket, you'll stand to benefit more in the long run. The more you claim, the higher your premiums are going to be.
10. Not Researching Before Buying a Car
Certain makes and models cost more to insure simply because statistics show they are more likely to get stolen. Check with insurance providers to find out what cars are best avoided before you actually buy a car.
Car insurance is here to stay, but if you avoid these common mistakes, you may just be pleasantly surprised at how affordable cover can be.



Article Source: http://EzineArticles.com/6268388

Wednesday, December 18, 2013

Winter Driving Tips That Can Lower Your Insurance Costs

Let's face it; you can buy the car that is touted as the safest on the road, your insurance rates can still be among the highest. Insurance companies use several factors when computing your rates, such as vehicle type, your age, and where you live. But the one thing that holds the most weight is the fact that any car is only as safe as the driver behind the wheel.
You need to be aware of the points or demerits that are placed on your license for things like moving violations, hazardous driving, or causing an accident. The best way to get lower insurance costs is through safe driving practices over a period of time. Through careful driving your driver's license will eventually reflect zero points against you. This is when your insurance costs can go down.
With winter lasting as long as nine months in many parts of Canada, the most accidents are likely to occur during his time of the year. If you are determined to lower your insurance costs, follow these tips on winter driving. It will take a long-term commitment, but with determination, it can be done.
• Before winter hits, be sure to get a thorough car inspection. Take particular care to check the following: belts, fluid levels, brakes, exhaust system, wiper blades and windshield washer fluid, snow tire treads and pressure, defroster. Lights and antifreeze.
• Make sure to clear snow and ice from your windows and lights. If there is an accumulation on the hood, you may want to clear that too.
• Don't use cruise control during wintery conditions due to unexpected icy spots. Even with slight braking you can lose control.
• Leave at least five car lengths between you and the car in front of you for stopping.
• Brake with caution. Give yourself time to slow down. It is a good practice to put your vehicle in a lower gear before hitting the breaks. This will automatically slow down your car so that you can then break safely.
• Drive with your lights on low or your fog lights on. On cloudy, snowy days you want to not only increase your visibility, but it is important other drivers can see you.
• Be careful crossing bridges. Being made of steel, they freeze up faster than the roads do.
• Use caution on exit ramps, as they may not have received gravel or de-icing agents.
• Remember that your 4 x 4 vehicle doesn't stop any faster than a regular vehicle. They are heavier and may actually take longer to stop. This also goes for trucks.
• Stay at least 200 feet behind snowplows and never pass them on the right due to blind spots. Remember, the road condition ahead of them is worse than behind them, even if they are going slow. It is better to be safe than sorry.
• SLOW DOWN!
With just a little extra caution over time, you'll be able to lower your insurance costs.


Article Source: http://EzineArticles.com/5567173

Sunday, December 15, 2013

Homeowners in wildland interface must understand their insurance policies



Linda Masterson and her husband lost their home and 72-acre tree farm during a Colorado wildfire in 2011. Ms. Masterson was a speaker at NFPA's 2013 Backyards and Beyond conference. She said homeowners in the wildland interface must understand their insurance policies: what's covered, what's not covered, homeowner responsibilities, etc. She says homeowners also have to understand what it would cost to rebuild their homes in today's dollars and today's building codes. She says at least 1/2 of people who lose their house in a wildfire are under-insured by 25%.

Thursday, December 12, 2013

How to Avoid Fender Benders This Winter

Do you know the best way to keep paint-less dent repair, windshield and glass replacement, and collision repair bills to a minimum? Avoid collisions in the first place-some may say that's easier said than done, but a number of winter fender benders are caused by simple oversights that can lead to costly consequences. Fortunately, most car accidents aren't fatal. There are many more people bumping into each other at slow speeds in parking lots than going Dukes of Hazzard crazy on the highways, but that little scrape can cost a pretty penny.
Things get even more hectic during the winter holidays partly because of the ice and snow, and partly because people are battling the crowds to get to those Black Friday sales. Here's a refresher course on how to avoid fender benders and make sure the winter months are as safe as possible. With the cash you'll save from bumper repair, you'll have yourself a much happier holiday.
The Basics
Following distance plays a key role in fender benders-leave three to four seconds between you and the car in front of you, and a little more buffer space if weather conditions are iffy. However, drivers should be looking about 10 seconds in front of their vehicles. Scan the area around you and remember that situational awareness can help you avoid a number of accidents, whether it's the cat who's thinking about making a run for it (right in front of your car) or an SUV with a massive blind spot who has their reverse lights on.
It might sound counterintuitive, but try to keep brake use to a minimum. Many drivers rely too heavily on their brakes when the 10 second scan should be doing most of that job for them. Simultaneously, make sure you're letting other drivers know your intentions by signaling well ahead of time and anticipating where you'll be going next. If you know you need to take an upcoming exit, move into that lane in advance.
To Claim or Not to Claim?
Everyone wants to avoid insurance hikes, and it can be a tough call when the damage doesn't look very severe. If you do get into a small accident, it's impossible for anyone but a skilled collision repair professional to estimate the repair costs. Always exchange information, but consider taking in your vehicle for a free repair estimate before filing that claim. The repair costs might be less than your deductible, or just slightly over that figure-but the insurance hike might not make the claim worthwhile.
As we move full force into the holiday season, one of the best ways to avoid a collision is to simply steer clear of the busiest places. A super crowded parking lot with a generous sprinkle of holiday stress is a recipe for disaster. Keep your own stress levels to a minimum and shop during off hours or online, try to stick close to home if the weather gets too nasty and remember that defensive driving is key.


Article Source: http://EzineArticles.com/8157749

Friday, December 6, 2013

Car Seat Safety



The latest car seat safety guidelines recommend that toddlers ride in rear-facing car seats until the age of 2. Pediatrician Dr. Jim Sears demonstrates which car seats to use at what age. rn

Tuesday, December 3, 2013

Take This Quiz!



Auto Insurance Quiz from the Insurance Information Institute. For more information about insurance, go to the I.I.I. Web site at http://www.iii.org

Saturday, November 30, 2013

Four Key ways To Prepare For Disaster



Jeanne Salvatore of the Insurance Information Institute http://www.iii.org giving four key ways to prepare for a disaster. First, review your insurance and make sure you have enough and the right type of insurance--especially flood insurance. Second, take a home inventory so you know the value of your belongings and as a way to help the claims process should you suffer a loss. Third, have a disaster plan and know where you're going and how you will get there if you need to evacuate. Finally, make your home more disaster resistant by securing the structure and removing any potential threats like dangerous trees.

Wednesday, November 27, 2013

Auto Insurance Quiz



Auto Insurance Quiz from the Insurance Information Institute. For more information about insurance, go to the I.I.I. Web site at http://www.iii.org

Sunday, November 24, 2013

Save Money On Insurance



This video is from the Insurance Information Institute. For more information about insurance, go to the I.I.I. Website at http://www.iii.org

Thursday, November 21, 2013

Obamacare Doesn't Stop Skyrocketing Premiums



NFIB's healthcare expert Amanda Austin on Obamacare: "We've seen literally almost a 100% increase in the last decade, specifically for small business premiums going up. How exactly does this law address this? It doesn't."

Monday, November 18, 2013

Different Types Of Truck Insurance


Many truck drivers on the road today are independent contractors, working for a number of different distributors and protecting their own interests as a driver. As an independent contractor, insurance is an important factor. Providing the proper insurance for your truck, equipment, and cargo in the event of an accident is crucial to being sure your investments of time and money are protected. Accidents happen, even to experienced drivers, and the damage that a large truck can cause can be extensive and costly.
There are different types of insurance that a commercial vehicle must consider that most drivers of passenger vehicles are unaware of. Because a large truck driver may be responsible for hauling someone else's property, there are added risks associated with these practices.
Truck drivers can be insured for primary liability which would cover an accident on the road. This type of coverage is similar to the coverage provided to every insured driver on the road. Liability insurance also covers the damages done to other people, property, or other vehicles. Both of these types of insurance are often applied to passenger vehicles.
Cargo insurance and non-trucking insurance policies are more specific to large trucks that are hauling products. Cargo insurance provides coverage for materials being hauled by a driver, even if they are not the property of the driver. Non-trucking insurance covers an incident that may occur with a large truck that is not associated with hauling activities. This insurance may cover any damage associated with loading or unloading cargo.


Article Source: http://EzineArticles.com/5197871

Friday, November 15, 2013

Car Insurance Checklist

You already know by now that you need car insurance if you are going to drive. But many people don't know exactly what they need to get approved for car insurance. The exact requirements for the application process vary by state, but this basic checklist was created to give you a general idea of what you will need in every situation.
The application process can become frustrating if you don't have certain documentation and information on hand when an insurance agent needs it. So here are six items you will need when applying for liability or full coverage car insurance.
  1. You will need to know what type of coverage you want. Every state requires a minimum of liability coverage, but you may want to insure at a higher level.
  2. You need your driver's license and social security numbers.
  3. You will also need the vehicle's make,model, year and serial-or VIN-number. You should also know about any features like security or airbags.
  4. Know how you will use the car. Some insurance companies will want to know about how much you plan to travel annually. They will also want to know if the car is used primarily for private or business travel.
  5. Knowing your driving history is important. Remember to be upfront about any violations or incidents that occurred in the past. Getting these things out of the way will guarantee that you don't have any surprises later on in the application process.
  6. Additionally, you will need general information about your current situation. You may be asked about others who reside in your household. Your credit history and checking account information may also be required for application.
This is a simple checklist, but it is very useful. I bought one of my cars from an auction while back and had a heck of a day running around to get my insurance paperwork correct. It wasn't fun but it had to be done, because they wouldn't let me drive the car out of the lot until I could prove that I was leaving with insurance.
You can learn from my mistakes and avoid the hassle of not knowing what you need. Go forward with confidence, and find a deal that suits your needs.
If you have any more questions about insurance requirements, it's best to talk to a local or online agent. He or she can assist you with any questions you may have about your particular situation, and may be able to get you an even better deal.



Article Source: http://EzineArticles.com/8095776

Tuesday, November 12, 2013

Some Facts to Keep in Mind While Looking for Car Insurance Policies and Rates

Getting the right insurance for your car requires a great deal of effort on one's part. It calls for analysing and collating information, requesting for quotes for at least two or three insurance providers and deciding which is the right one for you.
There are several facts that govern and can affect the amount of vehicle insurance you pay, some general and some personal. Getting information upfront on how and what really can affect your insurance coverage can help you make a more practical decision that can lower your expenses and better your coverage.
Some personal factors that could impact your insurance coverage.
1. Age and gender
It is generally seen that young male drivers usually attract higher insurance premium rates than young female ones. This could be because statistics show that more young men are involved in car accidents than young women. However, it is equally interesting to know that older men can get more competitive and better insurance rates than older women.
2. Marital status
Being married significantly reduces insurance rates primarily because married people come across as more responsible towards family and other road users. However, single people with clean driving records and nil accidents or traffic violations are sure to receive a good premium.
3. Home location
Your place of residence also plays a part in determining insurance rates. Studies show that densely populated neighbourhoods with more vehicle numbers plying the roads are accident prone areas. Along with higher risk of accidents in such areas, car thefts and collisions also rank high. Such risk factors mean that you could incur greater costs in repairs and maintenance.
Another singular factor in location determination are the high numbers of uninsured drivers, i.e. certain urban areas with higher rates of unemployment have left car owners less affordability to insure their cars.
4. Profession or career
Some professionals or career choices - e.g. cab drivers, delivery personnel, journalists - are seen as more risky by vehicle insurance companies because those people spend more time driving their cars around raising the chances of injury or accident. Often it is noticed that insurance companies provide better insurance packages to "safe people" - nuns, paramedics, police officers etc. - as they are perceived more as being more careful than the average vehicle driver.
5. Driving History
If you have a previous record of unsafe driving, traffic offence or been involved in an accident, you are probably going to be faced with paying more for insurance coverage. Insurance companies usually reserve the right to refuse providing insurance cover if your past record shows an indication of high risk or likelihood of traffic violations or accidents.
6. Credit rating
This is not a pre-requisite in many cases but a low or poor credit rating could mean paying higher insurance premium rates.
Besides these, there are a few other broad factors that could have a bearing on vehicle insurance. Some of them especially concerning the vehicle, are:
• Age of the car
• Size of car
• Safety rating of the car
• Possible likelihood of theft - depending on brand and model of car.



Article Source: http://EzineArticles.com/8108131

Saturday, November 9, 2013

Personal Coverage

Other Personal Coverage

We offer several other insurance options including, Renters, Rental properties, Personal Umbrella, and Earthquake. Please contact our office and let us work together to protect your investments.

Call us at 800-591-9692 for a quote, or online at http://firstserviceweb.com/quotes/other_personal

Wednesday, November 6, 2013

Teens Stay Safe Behind The Wheel


California Department of Insurance presents a video public service announcement for teen drivers.

Sunday, November 3, 2013

First Services Exclusive Endorsements

First Service is exclusively endorsed as the property & casualty insurance agents for each of these organizations. We are proud to be endorsed by these groups that serve contractors and the community.



































































Monday, October 28, 2013

NFPA Safety Tips -- Halloween Safety



Planning ahead can help make this Halloween a fire-safe one. Taking simple fire safety precautions, like making sure fabrics for costumes and decorative materials are flame-resistant, can prevent fires.

Get the free NFPA "Be Halloween Safe" Safety Tip Sheet at http://www.nfpa.org/halloween.

Friday, October 25, 2013

Tuesday, October 22, 2013

Saturday, October 19, 2013

Wednesday, October 16, 2013

2013 New American Home moves into Phase 2


Construction on the 2013 New American Home moves into Phase 2 with the introduction of the rough trades and the installation of Sierra Pacific windows.

Thursday, October 10, 2013

California's Low Cost Automobile Insurance Program


California Law requires that all drivers be insured. However, too many low-income drivers remain uninsured because the costs of standard insurance premiums are beyond their financial reach. The California Low Cost Automobile Insurance Program provides affordable liability only auto insurance that meets the state's financial responsibility laws. More information is available from www.mylowcostauto.com.

Monday, October 7, 2013

Renters Insurance - Are You Prepared?

Renting a property usually means that you don't have to worry about a great number of issues that may arise. For instance, in many cases you could rent a place and if plumbing inside the property breaks down, you can easily call your management company and they would be responsible for fixing the issues that you might have. Whether it's a plumbing leak, or just a nuisance that you need help with, you'll get assistance with relative ease. Even though you have a helping hand here, you may not always get assistance. For example, if that same plumbing leak damages your property in any way, the company that you rent from is not necessarily responsible. That's where understanding renters insurance can come in handy.
Much like the policy that you would get on your vehicle or health, this option can help protect you against the cost of replacing a number of things that you can have stolen, broken, or damaged. For a small fee you will gain peace of mind in case anything happens. Whether it's a natural disaster like one of the many fires, or someone robs you, you'll be able to file a claim and get either a lump sum or your items replaced at a fair market price. Before you can file an accurate claim you're going to need quite a few details. Most renters will keep a list.
Some people find the task of making and organizing a property list difficult to manage. The reason this can turn into an irksome and painstaking thing is because you'll most likely have to get an itemized list going of all the things that you have in your home that you want protected. This is especially true if you have collectibles or things that aren't easily replaced with a lump sum. In that regard, you will need to have pictures, evidence of ownership, and more. This can turn into an arduous task, but it will be beneficial in the long run.
When you are shopping around for a policy, make sure that you understand the finer points of what is being agreed upon. Renters insurance can be as simple as an umbrella policy that covers a number of things, or a small basic option that will give you a little bit of assistance if anything goes awry. The price varies depending on what type of coverage you are looking for. You'll find that the overall cost is favorable as it most definitely gives you peace of mind that is hard to come by otherwise.
Weather you live in an apartment, condo, or home, you're not going to want to miss out on the opportunity to protect yourself when things go sour. Most landlords require renters insurance. But even if they don't, renters insurance coverage is one of the best options you have to protect your property, your family, and yourself from serious perils including liability. Buying your policy before disaster strikes can really be one of the best decisions you've ever made. Get in touch with a licensed insurance agent today and have them walk you through the options.



Article Source: http://EzineArticles.com/7935572

Friday, October 4, 2013

Why Flood Insurance Is Separate From Homeowner's Insurance

Most homeowners insurance policy's do not include coverage for flood insurance. As a result homeowners generally need to get a second policy if they wish to insure for the risk of flood from rising water. This brings up the question of why insurance company's do not include flood coverage?
The primary reason is that a major storm can produce billions of dollars in flooding damage. The risk is so great that most insurance carriers are not willing to offer that coverage. A good example is that when hurricane IKE hit in 2008 the National Flood Insurance Program (NFIP) paid more than 44,000 flood claims totaling over 2 billion dollars in Texas alone. A more recent example is hurricane Sandy in 2012 where flood policy losses are estimated to be more than 12 billion dollars.
Another reason hazard insurance policy's do not usually offer flooding coverage is that insurance carriers are reluctant to compete for business with the federal government's NFIP program. Especially since the government program has been in effect selling the NFIP pollicy's at such a low cost that the program has racked up billions in losses.
The National Flood Insurance Program was created by the federal government in 1968. Public demand for a government flood insurance program started in the early 1960s. Widespread flooding along the Mississippi River resulted in most private insurance company's exiting the market for flooding insurance. The vast majority of flood policy's are now issued with the NFIP.
In my state of Texas there are actually some homeowners policy that do include flood coverage. However this is mostly for mobile homes, and carriers typically only offer flooding coverage in areas at low risk on floods.
Historically the NFIP has offered flood policy's at a cost below the true cost of providing the coverage. Taxpayers have been subsidizing the low rates offered by the NFIP. However the large losses from the NFIP are resulting in pressure to make the program more self supporting. In 2012 the Biggert-Watters reform act was passed. This made some changes that resulted in higher costs for many NFIP policy's. There is a very good chance that NFIP rates will continue to rise as the government tries to reduce losses from the program. As the cost of government flood policy's rise, it then becomes more likely that private insurers may begin offering some flood coverage with their hazard policy's in the future.



Article Source: http://EzineArticles.com/7989015

Tuesday, October 1, 2013

Water Damage



Water is responsible for millions of dollars in damage to homes every year. Candysse Miller of the Insurance Information Network of California says if homeowners took just 10 minutes a years to inspect their homes for water damage and corrosion, they could save themselves time, aggravation and money. The Insurance Information Institute says look for old and worn out water hoses on your washing machine and dishwasher, Check your water pressure, be sure to ventilate your bathrooms. Plumber, Eric Brockmire, says know where the main water-shut off valve is located in your home. Nanette McElman of the Institute for Business and Home Safety homeowners should inspect their homes for leaks.

Saturday, September 28, 2013

Jeanne Salvatore, Dog Bite Liability, CNN



Jeanne Salvatore of the Insurance Information Institute (http://www.iii.org) on CNN's New Day talking about dog bite liability.

Wednesday, September 25, 2013

Introduction to the Importance of Flood Insurance



Dr. Steven Weisbart, chief economist of the Insurance Information Institute, talks about the importance of having flood insurance.

Sunday, September 22, 2013

Changes In The California Construction Law

SB474 California Construction Law:
Expanding the Prohibition on “Type I” Indemnity Agreements.
As of January 1, 2013, "Type I" indemnity agreements will no longer be enforceable in most construction contracts. The new law, which will apply to contracts entered into on and after January 1, 2013, expands the class of indemnity provisions that are unenforceable under California law. It also imposes stricter limitations on the ability of developers and general contractors to require their subcontractors to cover litigation defense costs. The new law, which will apply to contracts entered into on and after January 1, 2013, expands the class of indemnity provisions that are unenforceable under California law. It also imposes stricter limitations on the ability of developers and general contractors to require their subcontractors to cover litigation defense costs.

Thursday, September 19, 2013

Rental Car Insurance



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.

For more information about insurance, go to the I.I.I. Web site at http://www.iii.org

Monday, September 16, 2013

Why It Is Important to Have Adequate Car Insurance

Buying insurance always features towards the end of the priority list, and it gets buried even deeper when one has to buy insurance for one's car. Buying car insurance is never anyone's top priority, so people often end up buying the minimum insurance coverage required to legally drive his or her car in the state he or she lives in.
This may help a person meet the legal requirement of buying an insurance policy for driving on the road, but for all practical purposes, this car insurance is of no use. It is equivalent to having no insurance at all. One should always buy an insurance policy which offers protection for every possible eventuality. If your insurance plan does not protect you against all eventualities, you may feel deprived of required protection when things fall apart.
3 reasons why one should have adequate car insurance coverage
Cover for your mistakes
There are times when even the safest driver lose control of his car and hit someone or something on the road (or on the side of the road ). And when it happens the driver causing the accident is expected to pay for the damaged car (or cars) as well as for the hospitalization bill and personal injury of the person (or people) caught in the accident. This could amount to a lot of money, which you would not want to pay. You can shift the responsibility of paying that bill to your insurance company by buying a policy that covers for such eventualities.
Protection against underinsured or uninsured drivers
Have you ever thought what will happen if you are hit by a car which is not properly insured, at the best, and uninsured, at the worst? You will have to pay for your medical bill and car-repairing bill if your insurance plan does not cover accidents done by uninsured or underinsured motorists.
You should buy an insurance policy that has adequate coverage even in situation like the one described above. This will protect you against damages done by hit-and-run drivers, or drivers who has poor or no insurance coverage.
Roadside assistance
You are driving on a deserted expressway on a hot summer afternoon and your car breaks down in the middle of nowhere. What will you do? Will you call someone to help you out? And what if that person is not available?
You will remain stranded until someone comes to help, but if you have a car insurance policy which offers roadside assistance you will not be in that dire situation; all you'd need to do is give a call to your car insurance company and it will take care of the rest.
I hope, you now know why it is important for you to buy an adequate car insurance policy.



Article Source: http://EzineArticles.com/6930460

Friday, September 13, 2013

Open-Flame Furniture Test



A series of open-flame tests conducted by the Consumer Product Safety Commission illustrates the effectiveness of varying levels of protection, from fire-retardant foam in combination with a fire barrier to untreated foam and no fire barrier.

Learn more about upholstered furniture fire safety at http://www.nfpa.org/furniturefire

Tuesday, September 10, 2013

Surety Bonds

A surety bond or surety is a promise to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

Overview
A surety bond is a contract among at least three parties:

  • The obligee - the party who is the recipient of an obligation, e.g., the client building an office building
  •  The principal - the primary party who will be performing the contractual obligation, e.g., the contractor building the office building
  • The surety - who assures the obligee that the principal can perform the task

European surety bonds are issued by banks and are called "Bank Guarantees" in English and "Caution" in French. They pay out cash to the limit of guarantee in the event of the default of the Principal to uphold his obligations to the Obligee, without reference by the Obligee to the Principal and against the Obligee's sole verified statement of claim to the bank.

Through a surety bond, the surety agrees to uphold — for the benefit of the obligee — the contractual promises (obligations) made by the principal if the principal fails to uphold its promises to the obligee. The contract is formed so as to induce the obligee to contract with the principal, i.e., to demonstrate the credibility of the principal and guarantee performance and completion per the terms of the agreement.

The principal will pay a premium (usually annually) in exchange for the bonding company's financial strength to extend surety credit. In the event of a claim, the surety will investigate it. If it turns out to be a valid claim, the surety will pay it and then turn to the principal for reimbursement of the amount paid on the claim and any legal fees incurred.

If the principal defaults and the surety turns out to be insolvent, the purpose of the bond is rendered nugatory. Thus, the surety on a bond is usually an insurance company whose solvency is verified by private audit, governmental regulation, or both.

A key term in nearly every surety bond is the penal sum. This is a specified amount of money which is the maximum amount that the surety will be required to pay in the event of the principal's default. This allows the surety to assess the risk involved in giving the bond; the premium charged is determined accordingly.

Surety bonds are also used in other situations, for example, to secure the proper performance of fiduciary duties by persons in positions of private or public trust.

Annual US surety bond premiums are approximately $3.5 billion. State insurance commissioners are responsible for regulating corporate surety activities within their jurisdictions. The commissioners also license and regulate brokers or agents who sell the bonds.

History
Individual Surety Bonds are the original form of suretyship. The earliest known record of a contract of suretyship is a Mesopotamian tablet written around 2750 BC. There is evidence of Individual Surety Bonds in the Code of Hammurabi and in Babylon, Persia, Assyria, Rome, Carthage, the ancient Hebrews and later England.

The Code of Hammurabi, written around 1790 BC, was the first time suretyship was addressed in a written legal code. It wasn't until 1840 that the first Corporate Surety was organized, The Guarantee Society of London.

In 1865, the Fidelity Insurance Company became the first US Corporate Surety company,[5] but the venture soon failed.

Contract Surety Bonds
Contract bonds, used heavily in the construction industry, are a guarantee from a Surety to a project's owner (Obligee) that a general contractor (Principal) will adhere to the provisions of a contract.
Included in this category are: bid bonds (guarantee that a contractor will enter into a contract if awarded the bid), performance bonds (guarantee that a contractor will perform the work as specified by the contract), payment bonds (guarantee that a contractor will pay for services and materials), and maintenance bonds (guarantee that a contractor will provide facility repair and upkeep for a specified period of time). There are also miscellaneous contract bonds that do not fall within the categories above, the most common of which are subdivision and supply bonds.

Commercial Surety Bonds
Commercial bonds represent the broad range of bond types that do not fit the classification of contract. They are generally divided into four sub-types: license and permit, court, public official, and miscellaneous.

License and Permit Bonds
License and permit bonds are required by certain federal, state, or municipal governments as prerequisites to receiving a license or permit to engage in certain business activities. These bonds function as a guarantee from a Surety to a government and its constituents (Obligee) that a company (Principal) will comply with an underlying statute, state law, municipal ordinance, or regulation.

Specific examples include:

  • Contractor’s license bonds, which assure that a contractor (such as a plumber, electrician, or general contractor) complies with local laws relating to his field.
  • Customs bonds, including importer entry bonds, which assure compliance with all relevant laws, as well as payment of import duties and taxes.
  • Tax bonds, which assure that a business owner will comply with laws relating to the remittance of sales or other taxes.
  • Reclamation and environmental protection bonds
  • Broker’s bonds, including Insurance, Mortgage, and Title Agency bonds
  • ERISA (Employee Retirement Income Security Act) bonds
  • Motor vehicle dealer bonds
  • Money transmitter bonds
  • Health spa bonds, which assure that a health spa will comply with local laws relating to their field, as well as refund dues for any prepaid services in the event the spa closes.

Source: Wikipedia: http://en.wikipedia.org/wiki/Surety_bond

Saturday, September 7, 2013

Lynne McChristian, Soaring Car Insurance Rates on FOX


Lynne McChristian of the Insurance Information Institutehttp://www.iii.org on FOX News talking about the increasing cost of auto insurance. The rampant cases of fraud in Florida led to higher rates for everyone and recently there has been massive PIP reform. Now drivers are waiting for their rates to drop, but it will take several more months for decreases to be seen by consumers.

Wednesday, September 4, 2013

First Service Insurance Testimonial

“I am a concrete contractor with 30 years of experience. We have been with First service for 6 years and we are extremely happy with their service. Everyone is always very helpful and knowledgeable. They do the shopping around for us to get us the best price for our insurance needs and they treat us like friend rather than a client. We highly recommend their services.”

–J.P. in Folsom

Sunday, September 1, 2013

Back To School



Going off to college is a thrilling experience, but it can be a sobering one, too. Corporal Steve Kowa is a campus safety officer at the University of Maryland. He says students never think they are going to be victimized. The Insurance Information Institute says that theft is the number one crime on college campuses and offers tips for students on how to protect themselves and their property while away at school.

Thursday, August 29, 2013

Teen Drivers


California Department of Insurance presents a video public service announcement for teen drivers.

Monday, August 26, 2013

How Can Children Avoid Dog Bites


There are 4 million dog bites each year and 60% of the victims are children. Dr. Leslie Sinclair of the Humane Society of the U.S. says children often don't respect a dog's boundaries—they expect every dog to be friendly, and although most are some aren't. Dr. Tillman Jolly, an emergency room physician says he sees injuries every year because children often do things that they don't realize are annoying to dogs. The Insurance Information Institute cautions that parents should teach their children not to approach an unknown dog. Allow dogs to sniff you before petting them, never disturb a dog that's eating, sleeping or caring for puppies, don't try to run from a dog, and if one is chasing you, stand like a tree or look like a log. Insurance companies paid out $3.5 billion in claims in 2006 for dog bite claims.

Friday, August 23, 2013

The Purpose Of Auto Insurance

Auto insurance refers to insurance for vehicles such as two wheelers, cars, trucks and other vehicles on the road. The primary purpose of auto insurance is to offer compensation to the vehicle owners in case of any physical damage to the car and bodily injury that results from car accident. It also covers expenses arising from any liability thereon. In many countries it is compulsory have insurance when you buy the vehicle. Most of the insurances relate to the driver as well as the car, however the degree varies from one country to another.
Some countries also have additional insurances such as pay as you drive which is suitable for uninsured motorists who are using other owner's vehicles. In many countries this insurance covers the loss or damage to the vehicle as well as purchasing new parts for replacement. The insurance provides accident cover for the vehicle owner and also third party liability.
Today every country has many public and private companies offering auto insurance. The whole process for applying of this insurance has become online. You can go through the insurance terms on the website, choose the plan, fill in the application form and then submit the application with the required documents such as vehicle registration number, type of vehicle, proof of address, etc.
Once you submit the application, a representative of the company will get in touch with you to take the procedure forward. In countries such as India, the vehicle dealers have tie ups with auto insurance companies. Hence when you buy a new vehicle, you will automatically get insurance for one year from the car dealer. The premium of the insurance is included in the vehicle price. The premium on the insurance is decided by a number of factors, however the premium amount increases proportionately to the price of the vehicle.
The documents to be submitted for vehicle insurance include registration copy of the vehicle, driving license, policy copy and FIR copy. The various types of auto insurance normally offered include private car insurance, two wheeler insurance and commercial vehicle insurance. This insurance does not normally include electrical or mechanical breakdown, depreciation, consequential loss. It also does not apply in case vehicle meets with an accident outside the geographical area which the insurance company covers. The other exceptions when you may not get auto insurance is damage to the vehicles during wars, perils related to the climate and accidents due to drunken driving.



Article Source: http://EzineArticles.com/6193594

Tuesday, August 20, 2013

Why Is Auto Insurance Important?

Auto insurance protects you from being financially responsible for an accident, but you're required to pay monthly premiums to keep the insurance. By law you must have car insurance if you want to drive on the road and without it you can be fined, lose your license, go to jail and also be sued depending on the seriousness of the accident you caused. Even if you're pulled over without car insurance you can be fined though which means you must have and maintain auto insurance.
There are lots of companies that offer auto insurance and you'll need to research which is the best option for your specific needs. Auto insurance has many different types of policies and coverage so you need to make sure when you buy your car insurance that the policy makes sense for you. One thing you want to make sure of is that the monthly premium will fit into your budget and also that you're getting the right amount of coverage for your vehicle. Don't get to much coverage but also don't get too little coverage, there is a very fine line between the two and you'll need to determine which is suitable for your vehicles.
Typically if you get into a car accident and you're at fault then you need to put the claim through your insurance. This will mean that your insurance company will pay the damages to the vehicles and also any medical expenses that anyone faces, if any. Without car insurance it makes you liable for the damages and medical bills and this is where it gets very serious. You can be sent to jail for injuring someone in an accident without any insurance and you will most definitely be sued by the family. This will often result in you losing everything you own.
Car insurance isn't a joking matter and is one of the most important insurance policies you need. It's also one of the insurance policies that are mandatory to have while driving. Having car insurance is also necessary to have in case somebody hits your vehicle. If someone hits your vehicle and you don't have insurance then they won't be liable for paying any damages to you.
As you can tell having car insurance benefits you in a lot of ways and also gives you a feeling of safeness while out on the road. It's always better to drive focused and not sub-cautiously have to be thinking about the fact you're driving without insurance. Car insurance can be bought for very affordable monthly premiums and offer great coverage, you just need to do a bit research beforehand so that you can find the best deal. There is highly competitive competition in this industry and there are many companies fighting for your business. Decide on a budget savvy auto insurance policy and I guarantee you'll be saved a lot of hassles and unnecessary fines. You'll also be ensured that you won't be financially accountable for any damages to people or vehicles as your insurance will cover you.



Article Source: http://EzineArticles.com/1173538

Saturday, August 17, 2013

Robert Hartwig, Flood Insurance Rates Surge, The Willis Report


Robert Hartwig of the Insurance Information Institutehttp://www.iii.org on FOX discussing the recent rise in flood insurance cost. The Flood Insurance Program is currently carrying a debt and because of this subsidies are being cut for many homeowners who have a flood policy in flood-prone areas. These cut backs will mean a break for taxpayers but for some homeowners their policies will rise in cost.

Wednesday, August 14, 2013

Welcome!


Welcome contractors and thank you for the opportunity to earn your business. We have made serving small to medium size businesses our first priority since opening our doors in 1997. Today, thousands of satisfied clients trust us with the coverage they need and rely on us for the service they want.
We earn our reputation by providing what you want and then going beyond to deliver the unexpected. Here’s what you get: First, you are handed your own dedicated support team made of licensed pros who really know construction coverage. Next, you get our fully-staffed certificate department at the ready. After that, anytime you need us you have the most highly-experienced group of specialty insurance people in the business. Wrapping it all up, you get a guarantee that puts in writing that you will continue to get this service all the time.
With us, you get the specialist in the field. The best. You usually expect to pay more for this level of service, but the people we serve happily report that our premiums are actually better. And, of course, no one else has the huge advantage of our experienced service and our written guarantee on top of it all.

Remember, with us it’s more than a slogan, we are Working for Contractors™.

Sunday, August 11, 2013

Robert Hartwig, More Storms Like Sandy Coming, The Street


Robert Hartwig of http://www.iii.org Insurance Information Institute encouraging homeowners to be prepared for future hurricanes. Having the right type and amount of insurance is key, including flood insurance. Hartwig also explains hurricane deductibles and how they work.

Thursday, August 8, 2013

Top 10 Car Insurance Buyer Mistakes

Car insurance, or any type of auto insurance for that matter, is something we simply cannot avoid. In most developed countries, it's illegal to drive a vehicle on public roads without appropriate cover, so we really have no choice but to bite the bullet and cough up.
With that said, the average person continues to pay more than they need to, simply because they make the same mistakes over and over again. Here are 10 mistakes to avoid when it comes to car insurance:
1. Failure to Shop Around
Many people take out insurance with a particular company simply because the company was recommended to them by friends or family. This can prove to be a very costly mistake because there are so many variables involved, and besides, just because that may have had the best rates last year, doesn't mean they're still offering the best rates this year. You need to get quotes from at least six or seven providers before you make a decision.
2. Choosing the Minimum Deductable
The deductable is what you pay out of your own pocket should you submit a claim. The lower the deductable, the less you pay in the event of a claim, but the higher your premiums will be. Increasing the deductable amount, within reason of course, can lower the cost of auto insurance considerably.
3. Keeping the Same Level of Cover
Sure, if you buy a new car, or even a relatively new one, you'll want maximum cover, so you buy fully comprehensive cover. This type of cover will cover you completely, no matter what, but it costs. But, once your car has aged a bit, and decreased in value, do you really need maximum coverage? After all, you could end up paying more for insurance over a two year period than what your car is worth.
4. Failure to Inquire About Discounts
Don't assume your insurance provider is going to keep you updated regarding new discounts or special rates. Why would they want to voluntarily lose money?
5. Including Unnecessary Drivers
If you have more than one driver in your home, only include those who use your car regularly on your car insurance policy. This is particularly true in the case of teens. If your teenager only uses the car once or twice each year, rather opt for temporary cover when it's needed.
6. Including All Drivers as Fulltime Drivers
If your partner or child only uses your car occasionally, ask your insurance provider if they offer discount rates for occasional drivers or limited mileage.
7. Failure to Check Driving Record
While it may not be a common occurrence, many people end up paying more for insurance because their driving record shows a history of traffic violations and/or accidents, when in fact they have never had any such violations or accidents.
8. Poor Credit History
Contrary to what many people believe, many insurance companies, but not all, will run a credit check, and if you have a poor credit history, it can push up the costs of auto insurance dramatically. If your credit score is less than perfect, choose a provider that doesn't factor in a person's credit score.
9. Claiming for Minor Incidences
Don't submit a claim for minor things. If you can pay for minor repairs out of your own pocket, you'll stand to benefit more in the long run. The more you claim, the higher your premiums are going to be.
10. Not Researching Before Buying a Car
Certain makes and models cost more to insure simply because statistics show they are more likely to get stolen. Check with insurance providers to find out what cars are best avoided before you actually buy a car.
Car insurance is here to stay, but if you avoid these common mistakes, you may just be pleasantly surprised at how affordable cover can be.



Article Source: http://EzineArticles.com/6268388

Monday, August 5, 2013

Teenage Drivers



Teenage drivers are involved in four times as many fatal crashes than any other age group. On average, six thousand teens are killed each year in crashes that often involve alcohol. Neil Bernstein, adolescent psychologist, says teens are often reckless and think they are invulnerable. Dr. Allan Williams, Insurance Institute for Highway Safety says laws establishing night time curfews, lowering the legal blood alcohol content, and raising driving age are helpful. He also says driving privileges should be phased in through graduated driver's licenses. This video is from the Insurance Information Institute.

Friday, August 2, 2013

Four Key Ways to Prepare for a Disaster



Jeanne Salvatore of the Insurance Information Institute http://www.iii.org giving four key ways to prepare for a disaster. First, review your insurance and make sure you have enough and the right type of insurance--especially flood insurance. Second, take a home inventory so you know the value of your belongings and as a way to help the claims process should you suffer a loss. Third, have a disaster plan and know where you're going and how you will get there if you need to evacuate. Finally, make your home more disaster resistant by securing the structure and removing any potential threats like dangerous trees.

Tuesday, July 30, 2013

About Us


Welcome contractors and thank you for the opportunity to earn your business. We have made serving small to medium size businesses our first priority since opening our doors in 1997. Today, thousands of satisfied clients trust us with the coverage they need and rely on us for the service they want.
We earn our reputation by providing what you want and then going beyond to deliver the unexpected. Here’s what you get: First, you are handed your own dedicated support team made of licensed pros who really know construction coverage. Next, you get our fully-staffed certificate department at the ready. After that, anytime you need us you have the most highly-experienced group of specialty insurance people in the business. Wrapping it all up, you get a guarantee that puts in writing that you will continue to get this service all the time.
With us, you get the specialist in the field. The best. You usually expect to pay more for this level of service, but the people we serve happily report that our premiums are actually better. And, of course, no one else has the huge advantage of our experienced service and our written guarantee on top of it all.

Remember, with us it’s more than a slogan, we are Working for Contractors™.

Saturday, July 27, 2013

Avoiding Insurance Mistakes: Five Tips



Five big mistakes to avoid when making decisions about your insurance. I.I.I. offers tips on how to save money and still properly protect yourself.

Wednesday, July 24, 2013

Informed Citizen: Rental Car Insurance



Confused and overwhelmed by insurance options at the rental car counter? Justin, the Informed Citizen, is here to break it all down and tell you how to save money and protect yourself.

Sunday, July 21, 2013

Thursday, July 18, 2013

Automobile Theft



Every ten seconds a car is broken into somewhere in the United States. An experienced thief can brake into your car in 5 seconds, and braking into the trunk is even easier. Viet Nguyen of the Arlington County, VA police department advises parking in well lit areas. Another way to protect your car is by installing anti-theft devices such as wheel locks and ignition cut-off switches. The Insurance Information Institute urges drivers to always lock their cars. By making your car harder to steal than the one parked next to it, you lessen the likelihood that your car will be stolen.

Monday, July 15, 2013

College Students and Credit



More than half of college students' sign up for credit cards and most of those carry two or three while they are at school, according to the Insurance Information Institute. Sabrina Marshall of the University of Maryland says her institution hopes that students will leave school with a college degree not years of debt from loans and credit cards. Linda Goladner of the National Consumers League says students should understand that their personal credit history begins with that first credit card. It's extremely important to build and maintain a solid credit history, she says, as employers, landlords, and banks consider credit an accurate predictor of whether or not an applicant will pay their bills on time. The average college student leaves school $20,000 in debt says James Godfrey of the Consumer Credit Counseling Service. He says in addition to learning how to be a doctor or a lawyer, students need to learn Person Finance 101 as well.

Friday, July 12, 2013

Booster Seats



If your child is too big for a car seat and too small for a safety belt, a booster seat is probably the answer. Dr. Ricardo Martinez says motor vehicle crashes are the leading cause of unintentional injury and death among children, but most can be prevented. According to the Insurance Information Institute, children between who weigh between 40 and 80 pounds cannot be properly secured in adult safety belts because the belt crosses their hips and necks in the wrong places. These children need booster seats. Bryan O'Neal of the Insurance Institute for Highway Safety says booster seats boost the child up just enough to make lap and should belts fit comfortably and properly.

Tuesday, July 9, 2013

Evacuation: The 10 Minute Challenge



Two families take the Ten Minute Challenge to see if they can evacuate their homes in just ten minutes. Erica and Jason Bish have prepared ahead of time and know what to pack and who will do it. Alex and Steve Gorman have not. The Insurance Information Institute says the key is to plan ahead. Gather insurance policies, wills and deeds, marriage licenses, home inventory and other financial documents in one place. Be sure to pack medicines, toiletries, and clothing for three days. Candysse Miller of the Insurance Information Network of California says families should ask themselves "If I had just ten minutes to get out, what would I take?"

Saturday, July 6, 2013

Fire Prevention



Elaine Nashashibi had just minutes to get out of their house when the smoke detector went off. Today she says smoke detectors are absolutely essential and should be checked regularly to be sure they are in good working order. Fire education expert Mary Marchone says the more smoke detectors you have in your home the more likely you will be able to escape a fire. According to the U.S. Fire Administration is that people are not taking proper care of battery operated smoke detectors which means many people think they are protected when they are not. The biggest mistake occurs when a homeowner removes a dead battery then fails to replace it for days, weeks or months.

Wednesday, July 3, 2013

Enough Insurance



It's a homeowner's worst nightmare, a house fire or a fierce flood comes through and leaves your house in ruin. It happened to Tom Stobbs. "It somehow came down the culvert." Luckily, he had made it a habit to update his homeowners insurance. So, he was prepared when wildfires whipped through his neighborhood. "About every 24 months I get on the phone with the agent and say here's the deal, I want to make sure I'm covered. He said you're covered. And I was." Unfortunately, some homeowners find that when disaster strikes they are under insured. The cost of rebuilding their home is more than the value of their insurance policy. This means they have to come up with cash to rebuild their home to the way it was before. Homeowners need to remember that it is their responsibility to have enough insurance coverage. A regular conversation with their insurance agent or company is very important. Jeanne Salvatore, Senior Vice President, Insurance Information Institute says, "The three most important questions to ask your agent are: do I have enough insurance to rebuild my home if it's destroyed. Do I have enough insurance to replace my personal property if it's destroyed? And do I have enough insurance to protect my assets if I'm sued." People find themselves underinsured to two reasons: they have renovated their home, built a nice addition that added value to their home, but they didn't buy more insurance to cover it. Or they live where construction costs are very high. When a fire or other disaster destroys their home they find they don't have enough insurance coverage to rebuild. The Insurance Information Institute recommends you work with an independent appraiser, then review your policy to make sure it reflects current construction costs. Candysse Miller of the Insurance Information Network of California says it's critically important that you take a look at your policy every year. Call your insurance agent and make sure that your policy will keep up with you and your home."

Sunday, June 30, 2013

Boat Theft



Don't help boat thieves steal your boat! Always lock your boat and take the keys with you, according to the Insurance Information Institute. Boat theft is big business says Robert Bryant, Institute for Business and Home Safety. Thousands of boats are stolen every year and half of them are recovered. Marine police says that leaving keys in the boat is the biggest mistake boat owners make. So if you like your boat, and most boat owners do, lock it and take your keys with you.

Thursday, June 27, 2013

Inline Skating Safety



The most serious crashes involve cars, drivers can't stop fast enough to avoid skaters in the road. Others happen when skaters fall and often result in a wrist injury. Instructor Krista Heubusch says accidents happen because people fail to take a lesson and learn how to do it properly. In addition, they don't wear protective gear. Dr. Tillman Jolly, emergency room physician, says the most lethal type of injury would be a head injury and says wearing a helmet is a good idea for anyone new to the sport. Ann Brown, Consumer Product Safety Commission says always wear protective hear, helmet, gloves, wrist, elbow and knee guards. This video is from the Insurance Information Institute.

Monday, June 24, 2013

Road Rage



The American Automobile Association (AAA) has released the results of a nationwide survey of drivers which asked how they feel about tailgating, making rude gestures, and passing on the right. Whey the survey revealed is that aggressive driving means different things to different people. Carolyn Gorman, Vice President, Insurance Information Institute, says that people's perceptions of your driving can trigger an aggressive driving incident. The National Highway Traffic Safety Administration (NHTSA) says people can protect themselves from aggressive drivers by remaining calm. NHTSA recommends you leave a lot of travel time, look for alternate routes if there is a lot of traffic, and learn to be late. Lon Anderson, American Automobile Association says those surveyed list tailgating, passing on the right and making rude gestures as classic examples of aggressive driving.

Friday, June 21, 2013

Loretta Worters, Employer Sponsored Pet Insurance, WCBS-TV



Loretta Worters of the Insurance Information Institute http://www.iii.org interviewed in this story about a rare and new employee benefit--pet insurance. With expensive vet bills straining some pet owners and deterring others from seeking treatment for their animals, pet insurance can save a pet owner hundreds or even thousands of dollars.

This new perk comes with some guidlines though, so it's important for pet owners to read and know all the exclusions such as types of treatment and limits on breeds.

Tuesday, June 18, 2013

Homeowners Insurance and Swimming Pools - What You Need to Know

Owning a pool can be a fun and rewarding investment but pools are considered "attractive nuisances" to homeowners insurance companies. It's important to understand all the costs associated with owning a pool outside of installation, maintenance, and heating. Regardless of whether or not it's in use, your pool is always sitting there year around waiting for potential incident to occur and because of this you will find that homeowners insurance rates are significantly higher on homes with pools.
Also, with the recent increase in foreclosures nationwide many pools are becoming a huge burden on local wildlife departments who are having to deal with pools infested with all sorts of various animals and insects. Homeowners insurance companies have taken note of this and this to may lead to higher premiums going forward as well.
There are many factors that will affect your homeowners insurance premiums when you own a pool and they include:
o Where You Live - Areas in the Southern US tend to pay lower premiums for pools because a pool in the warmer climates will tend to be better maintained and serviced all year long. The farther north you go the more homeowners insurance companies will penalize you for owning a pool because they may view it as unjustified to do the colder climate and that the frozen ground from winter weather can damage in-ground pools.
o The Piece of Land you Build it On - If your pool is built near a fault line, forests, mountains, or desert terrain, you will most likely pay a higher premium.
o Keep the Pool in the Backyard - Homeowners insurance companies view pools built in the backyard as being much safer than those in the front. Pools built in the front yard can potentially attract unwanted attention from people passing by and could lead to unauthorized use or abuse of the pool.
o How to Reduce Your Homeowners Insurance Expenses - If you choose to build a pool, have one now, or are buying a home with one, read the tips below for some common ways to lower your premiums.
o You should discuss with your homeowners insurance agents any recommendations your insurance company or local government safety offices have about building or maintaining a pool, and any local safety codes that you must follow.
o Always make sure your pool is attended at all times and that includes not swimming alone yourself.
o Installing a fence around the pool to keep unauthorized people from using it is another way to save on your premium.


Article Source: http://EzineArticles.com/2583454