If you are like most Americans, you do not think about renters insurance until it is too late. According to the Insurance Research Council, 57% of tenants do not buy renters insurance. Renters insurance can provide peace of mind knowing you are protected against loss of personal property, along with liability coverage. While renters insurance is typically not required, the cost is reasonable and purchasing a renters policy is a wise choice. The most common coverages provided by a renters insurance policy include: 1. Personal Property Protection. Most renters policies will cover you clothing, electronic equipment and other belongings. There is also limited coverage for watercraft, jewelry and guns. 2. Personal Liability Coverage. Liability coverage is standard on most renters insurance policies. For example, you could be covered in the event of a slip-and-fall accident on your property. 3. Medical Payments to Others. If a guest sustained injuries while visiting your apartment, you may be liable for paying a portion of his medical expenses. Medical payments to others coverage is included on most renters insurance policies. 4. Additional Living Expenses. If the home or apartment that you are renting is damaged by a fire, your renters policy could provide the money needed to pay for a hotel room or other temporary living quarters. A renters insurance policy may also qualify you for a discount on your automobile policy. So don’t delay, stop by our agency and ask us about the many benefits of purchasing a renters policy.
With the ringing in of a new year, now is a great time to take a look at your life insurance. Are you adequately covered? When purchasing life insurance, most people forget to consider important liabilities that life insurance can be used to protect. By breaking these liabilities into categories, it is easy to see what your life insurance will cover and how much should be purchased. Immediate Needs: covers funeral costs and medical expenses. Both of these needs can be expensive, so it is important to be adequately covered for these costs. Readjustment Needs: covers an outstanding mortgage balance, other loans or debts, a cash fund for emergencies and income replacement for a survivor. Readjustment needs should be an important factor in determining how much life insurance to purchase. Legacy Needs: includes college funds, charitable gifts and retirement funds. This is especially important if you have children to whom you want to leave a portion of your life insurance. Life insurance can be a great tool to protect the futures of each of your family members. Life insurance is one of the most valuable gifts you can give your family. You never know what tomorrow will bring, so please contact us to discuss this important protection!
Regardless if you farm a small acreage just to keep 4-H animals or you run 2,000 acres of cash crops, you know how quickly the items used on your farm can be bought, sold or traded. Many farms are ever changing and often the farm personal property can change very rapidly from year to year. For example, with grain prices on the rise in recent years farmers are constructing more grain bins for on-farm storage. It is important to make sure not only the new bin is added to your policy, but also everything is added you plan to store in the bin, which may require increasing the amount of grain on your policy. If new storage was constructed on the farm, did you also buy a new combine or tractor before harvest? Rapid changes in farm personal property do not apply only the large farms; hobby farms can add farm items just as quickly. Did you buy your children new show steers or a show horse this year? With the new horse did you also purchase a new saddle? Farm personal property can also include the little items; everything from veterinary supplies kept on hand to space tractor parts. Now is the time to review your farm personal property inventory with our agency to make sure you are adequately covered. Call or stop by our office if you would like to complete a new farm personal inventory.
We would like to congratulate our Chamber Secret Santa winner Susan Hartley. She was our office winner of $50 in Chamber bucks. Congratulations!
Our office will be closed December 24 & 25 for the Christmas Holiday. We hope all of you have a very blessed holiday season
We would like to wish everyone a blessed Thanksgiving Holiday. Our office will be closed November 22nd and 23rd, so that we may enjoy time with our families.
As parents break away from their hectic summer schedules, thoughts begin settling into the routines of fall and a new school year. One of those should be to make sure you and your children are properly covered in the event an auto accident occurs. For those with teenage children, confusion often arises about when a child should be added to the policy. Youthful operators do not need to be added to a policy until they are licensed to drive by themselves. You should notify our office, though, of all household members, regardless of whether or not they drive. Having a comprehensive list of all household members cuts down on confusion and can help facilitate the claims process if a non-driver is injured in an accident. A common question facing many parents with college-aged children is whether a child should have his or her own insurance policy. Will a child who is residing outside of the home, or even out of the state, still receive the necessary coverage from your policy? The answer depends on where your child has declared residency. If you child has maintained primary residency with you (i.e., his or her driver’s license still displays the address listed on the policy), coverage will be afforded, provided your child is not the sole owner of the vehicle. However, a child who has taken up residency outside of your household will not be eligible for all of the protections afforded by your policy. We will be happy to explain these potential coverage gaps and answer all your questions.
Hello everyone! The holidays are upon us. Everyone at Accurate Insurance hopes that you have a safe and happy holiday this year.
However, we will be closed on the 24th, 25th, and 26th of December as well as the 31st of December and the 1st and 2nd of January. Happy holidays everybody!