Newsletter (page 7)

Auto insurance is a policy that protects you from losses, damages, and liability claims you may be exposed to because of your vehicle. It generally caters to three main areas: Property, liability, and medical coverage.

Auto insurance requirements differ from one state to another. Washington auto insurance, Oregon auto insurance, and most of them include.

1. Bodily Injury Liability
This takes care of your legal responsibilities to others for bodily injury suffered. It determines how much an insurer would payout to each person involved and also shows the maximum payout per accident.
2. Property Damage Liability
You have a legal responsibility for property damage caused by your vehicle. This part of your policy takes care of this and determines the maximum amount your insurer would pay out for such liability claims.
3. Protection From Underinsured/Uninsured Drivers
But what happens there are injuries to you or your passengers and the motorist at fault is either uninsured or underinsured? This part of your policy will take care of any bodily injury suffered by you or your passengers. It also sets the maximum amount your insurer is required to pay.
4. PIP
This part of your policy takes care of medical expenses incurred by you and/or your passengers due to an accident. It also sets out clearly the maximum amount to be paid by your insurer.
5. Collision Coverage
But what happens when you hit another vehicle? Yes, your insurer gets to fix the other person’s vehicle, but what happens to yours? Well, this is the coverage type that takes care of your own vehicle. That is if it’s included in your policy.
6. Comprehensive Coverage
This component protects you from losses you may suffer from damages to your vehicle that are NOT due to collisions with other vehicles. They include losses due to vandalism or theft and damages caused by natural disasters, falling objects, fire, etc.
So, choosing the best Auto Insurance Quotes.

Why Do You Need It?
1. It Is The Law
Auto insurance is mandatory in almost every state of the US. Driving without a policy could actually land you in jail, depending on the circumstances.
2. It Protects Your Property
What would happen if your brand new car is stolen? Well, it would be replaced if you bought the right type of policy for you. Otherwise, you would have to find a way of paying off your outstanding loan while moving about on foot. The same applies if your vehicle was vandalized or broken into. You will get help from your insurer and get your vehicle in perfect order without having to run around. The common sense here is that you pay a little to protect something bigger.
3. It Protects Your Investment
What happens if you are found liable in an accident and are expected to pay compensations for damages? If you are found to be without insurance, then your case would be worse. But that’s NOT what we are even looking at. Without a policy to protect you, smart lawyers can easily pounce on your assets. This is to make sure compensations due to their clients are paid in full.

Finally, while you will be covered by law, if you go for the minimum stipulated by your state, it is very important to check your peculiar circumstance to determine what’s best for you. You may even need additional policies just to ensure you are adequately covered. If that’s the case then it is worth every dime spent — You won’t be exposing yourself or loved ones to avoidable risks
 

Homeowners Insurance

Homeowners' insurance plays an important role in society. It protects your most valuable financial asset, your home. When most people think of damage to their homes, they tend to think of fire or theft. Many other kinds of accidents may cause damage to your home that is covered under most homeowner’s insurance policies. Remember each homeowner’s insurance policy is different, and if you bought your homeowners insurance online, you might not have proper coverage. Claims will be paid based on your individual homeowner’s policy terms and conditions.

Homeowners insurance claims

• A homeowner accidentally spilled bleach on her carpet while carrying in the groceries. Insurance covered the replacement of the carpet.
• A Christmas tree stand leaked water onto the homeowner’s hardwood floors. The homeowners did not realize the stand had leaked until they removed the tree skirt. The insurance company paid to repair the damage.
• Lightning struck a water pump causing the pump to leak. The entire bottom floor of the insured’s home was flooded, resulting in $52,000 in property damage.
• A son was cutting down a tree on his parent’s property. A limb from the tree fell on a visiting neighbor and $3,000 in medical bills was paid by the insurer.
• A homeowner awoke to a bang, to find an airplane part had fallen through his roof. The insurer covered the claim. No airline admitted liability.
• A homeowner left his gas grill on by mistake. The grill was on a deck and close to the home; a fire caused $24,000 damage to the deck and home.
• A homeowner had some expensive lighting on the walkway of his house. The lanterns were original and hard to replace, but one of them was damaged in a storm. Because the homeowner was unable to purchase a match, the insurance company paid to replace both lanterns.

All these claims were subject to policy terms and deductibles.

Many homeowners don't fully understand what their home insurance policy covers and excludes. For example, according to a 2018 survey from the National Association of Insurance Commissioners, more than 37 percent of people who have homeowner’s insurance mistakenly believe flood damage is covered by a standard homeowner’s policy, To avoid making costly assumptions, it pays to know what's included in your policy. We are here to help answer all your insurance questions.

Protect what matters most to you and your family with Car, Home, Health, Life & Business insurance. We offer the best combination of competitive rates, coverage and personal service in St. Louis Park.

Get a Fast Free Online Quote. We have great rates!  Commercial Auto Insurance, Contractors Insurance & General Liability Insurance. 

Many people think insurance can be a little dry. Well, we want to help change that. Here are some interesting insurance facts you may not have thought of.
 

• Starbucks pays more for employee health insurance than it pays for coffee.
• Although the concept of insurance can be traced back to ancient civilizations, the first known insurance contract was signed in 1347 in Genoa, Italy.
• Did you know a few homeowner policies provide coverage for Kidnap and Ransom?
• The most expensive insurance policy in the world belongs to the American director Steven Spielberg, his life was insured for $ 1.2 billion.
• Your driving record can predict how long you will live. Research shows people with no tickets or accidents live longer on average regardless of the type of death.
• Your home insurance probably covers volcano and meteor damage
• If a tree from your property falls and damages your neighbor’s fence, whose insurance do you think pays for the damage? Do you think it would be your insurance or your neighbor’s insurance?  It’s your neighbor’s insurance. Why? The reason is that this is considered an Act of God. Unless you were aware the tree was in danger of falling, it’s your neighbor’s insurance that is on the hook.

Our agency truly values the long term relationship with our clients, and are proud to give families, individuals and businesses the personal attention required when it matters most. When claims arise, we realize that it can be very stressful and will do everything possible to assure timely and complete recovery.
 

We are approaching our nation's birthday, July 4th, and we hope everyone has a great day of celebration with friends and family. In 2020 over 5,800 people went to the emergency room as a result of fireworks-related injuries. There were an estimated 13,750 reported fires started by fireworks. These fires resulted in an estimated eight reported deaths, and $40 million in direct property damage. This is why it is a good idea to have a free home insurance review and quote, call us today!
 
Homeowner's Insurance
 
If you over-celebrate and do have a loss or damage, please call our office. It is very likely that the claim would be covered under your homeowner's insurance policy.
 
General 4th of July safety
 
Be a safe swimmer. Water sports and fireworks are two of the biggest pastimes for the Fourth of July celebrations, and these are both linked to numerous deaths and injuries each year. Never swim alone, and make sure that kids' water play is adequately supervised at all times.
 
Be a safe boater. Never consume alcohol while driving a boat. Set water safety rules for your family and passengers.
 
Use alcohol responsibly. Alcohol and fireworks can be a hazardous and dangerous combination.
 
Use sunscreen. At the start of summer, skin is especially tender, so use a high SPF.
 
Keep alert for local weather conditions. Check to see if any warning signs or flags are posted.
 
Remember your pet. They are not used to all the fireworks, so keep them inside.
 
Grill safely. Before you use your grill, make sure all hoses are secure and leak-free. Never grill inside. Keep grill away for al structures.
 
Fireworks Safety

• Never try to make your own fireworks.
• Light fireworks on a smooth, flat surface away from the house, dry leaves, and flammable materials.
• Only use legal store-bought fireworks.
• Don't point sparklers or fireworks at yourself or others.
• Make sure spectators are out of range before lighting fireworks.
• Always keep matches and lighter fluid far away from fireworks.
• Read labels and carefully follow directions.
• Only light fireworks on the ground and in areas that are dry and fire-resistant.
• Don't attempt to light multiple devices at the same time.
• Never allow young children to handle fireworks or sparklers.
• Teach children to "stop, drop, and roll" if their clothes catch fire.
• Always keep a portable fire extinguisher close by. Also, keep a water hose or buckets of water nearby to put out fires.

Protect what matters most to you and your family with Car, Home, Health, Life & Business insurance. We offer the best combination of competitive rates, coverage and personal service in St. Louis Park.

Get a Fast Free Online Quote. We have great rates!  Commercial Auto Insurance, Contractors Insurance & General Liability Insurance.