Should I Bundle My Insurance Policies Or Not?

bundle

bundleIf you’ve ever shopped around for insurance, you’ve likely been asked if you want to bundle your policies. In other words, combine your home or renters, auto and life insurance policies with the same carrier. Although you have the option to shop around individually for each policy, it almost always makes sense to have the same carrier cover as many of your policies as possible.

Click here to learn more about personal insurance options

Benefits of Bundling

  • The discount—Most policyholders bundle their policies because of the promise of a discount. The amount varies by provider but can generally range between 5-25 percent.
  • The option of a single deductible—With bundled policies, your deductible may be cheaper in the event of a claim that affects multiple policies. For example, if your home and auto policies are with two separate carriers, and a hailstorm damages your home and your car, you’re responsible for paying both your home and auto deductibles before receiving payment. But if you bundle your policies, your provider may offer you the option to pay only the higher of the two deductibles.
  • Less chance of being dropped—If you’ve made claims or gotten tickets, having your policies bundled with one provider can decrease the chance of them dropping you.

When It Doesn’t Pay to Bundle

It isn’t always better to bundle your policies with one insurance carrier. Here’s when it may be better to split them up:

  • If you have tickets or past claims that make your auto insurance expensive – In this case, it may be cheaper overall to buy each policy from separate providers.
  • When premiums increase—Bundling discourages people from price shopping, which makes it easier for providers to increase their rates. Most assume that you won’t go through the effort of shopping around when your policies renew.
  • If policies aren’t technically bundled—Some carriers may insure you with an affiliated company. Although you may get a discount with that company, you’ll lose the convenience of paying your premium with one familiar provider.

A Few Tips to Consider

Although discounts are the main reason people bundle their insurance policies, never assume that bundling is the cheapest option. Your needs and circumstances will dictate whether you should combine your policies with one carrier. Consider the following tips:

  • Shop for new coverage when your policies renew. Ask for the price of the individual premiums as well as the price of the bundled premium. Then you can decide whether it is worth it. Just make sure you compare the same coverage when shopping for quotes from each carrier.
  • Ask if the provider uses a third-party insurance company. Remember that you may save money but lose the convenience of dealing with one provider and a combined bill.
  • Ask an independent insurance agent to get prices from multiple companies so you don’t have to do the legwork. An agent that is loyal to a particular carrier may be able to offer discounts that you can’t get alone.

With multiple factors contributing to the price of your insurance premiums, it is important to shop around in order to get the best rate for your insurance needs. Feel free to contact us to determine if bundling is right for you and help you take advantage of all available discounts.

Are You Ready To Trick-or-Treat?

Trick-or-Treat

Trick-or-TreatFall is here, leaves are changing, and it’s almost time for many kid’s favorite holiday….Halloween. It’s a night you can pretend to be someone or something else. Have some spooky fun. And most importantly…trick-or-treat. Regardless if you are passing out candy or taking a small one around to trick-or-treat, you’ll want to know when everything is happening.

One of our local newspapers has a great article with the dates and times of many local trick-or-treat festivities. You can view that link by clicking here.

We hope you and your family have a great Halloween and enjoy your trick-or-treat events 🙂 

 

 

Halloween Doesn’t Need To Scare Your Bank Account

Halloween

HalloweenWhat do you get when you mix costumes, decorations, and candy? A Happy Halloween!!
Those that have children, probably feel the sting a little more while at the check-out. But Halloween doesn’t need to break the bank.

A few tips to keep in mind to help you save money

  • Buy bulk candy to get the most for your money.
  • Ration out how much you will give each Trick-or-Treater.
  • Buy pumpkins close to Halloween to get the best deal.
  • Make your own decorations – use leaves for stuffing in outside decorations, spray paint cardboard or cereal boxes for DIY headstones, or use cotton balls as cobwebs.
  • Make your own costumes or only buy what you have to.

Halloween Safety Tips

In addition to saving money, your family’s safety is extremely important. Costumes, trick-or-treating and pumpkin carving are all Halloween traditions. But there are also dangers associated with each of those activities. 

Costume Precautions 

  • Do not let children wear baggy or long costumes, as they are difficult to walk in and can be tripping hazards.
  • Purchase wigs, costumes and accessories that are fire-retardant.
  • Select face makeup and paint that is labeled as “FDA Approved” or “Non-toxic” to prevent allergic reactions.
  • Place reflective tape on your children’s costumes and candy buckets if they are going trick-or-treating at night.

Trick-or-Treat Safety

  • Remind children to walk only on the sidewalk and look both ways before crossing the street.
  • Do not allow children under 12 years old to go trick-or-treating by themselves.
  • Remind children to never approach or get into a car with a stranger offering them candy.
  • Once your children get home, inspect their candy.

Pumpkin Carving Tips

  • Only carve pumpkins on a flat surface with good lighting, such as a kitchen table.
  • Use a pumpkin-carving kit that includes tools appropriate for the task.
  • Place lit jack-o’-lanterns away from flammable objects such as sheets and curtains.

Having a good time does not mean spending a lot of money. Even on a budget you can have a spooky Happy Halloween! 

How To Stay Healthy And Avoid The Flu This Fall

avoid the flu

avoid the fluIt’s that time of year again. The leaves are changing, the temperature is getting cooler, and you’re doing everything you can to avoid the flu. No one enjoys being sick, but some of us are more prone to sickness than others. Knowing where you are most likely to come into contact with germs and what you can do to prevent sickness are key for this fall season. 

Germ Hot Spots

There are several “hot spots” to keep in mind when it comes to germs. 

  • Doorknobs
  • Light Switches
  • Elevator buttons
  • Water fountain handles
  • Microwave door handles
  • Telephones
  • Bathroom faucets
  • Handrails

These areas are high traffic areas that can be touched by numerous people. When you touch a doorknob you never know if the person who touched it before you sneezed into their hand and didn’t was it. Yuck! 

What You Can Do to Help Yourself Avoid The Flu

  • Wash your hands. Even if you are cautious of what you touch, there is a chance you’ve still come into contact with some germ. To protect yourself from illness, it’s important to wash your hands regularly, especially before you eat or after you cough, sneeze or use the restroom. 
  • Keep your distance. Illnesses can spread fast. Keep your distance from others who are sick. 
  • Get the flu shot. Yearly flu shots are the single best way to prevent getting sick. Contrary to popular belief, flu vaccines cannot cause the flu, though side effects may occur. Often, these side effects are minor and may include congestion, coughs, headaches, abdominal pain and wheezing. 
    • Did you know many health insurance plans cover the flu shot at 100% or a small copay? If you need help determining your health insurance benefits, we can help. Give us a call or click here or here to learn more about health insurance benefits.

Taking the extra time to wash hands and wipe down surfaces could mean the difference between a happy fall and an unpleasant fall spent on the couch sick. Stay healthy and do your part to spread the word to others. 

Old McDonald Had A Farm…And We Offer Coverage For It.

farm

farmOK so our title may be a little silly, but it’s true! We live in a pretty rural area so chances are you know someone with a farm or may even have one yourself. It could be cattle, crops, or even vegetables that you “raise” on your farm. And we all know how much hard work farmers put into their farms. But what happens if you have property damages or say an animal gets loose and you need liability coverage…are you covered? 

Insuring your Farm

Many companies offer Farm Insurance that provides property, liability, or even comfort coverage such as livestock insurance. Whether your large-scale or a small family farm, you have options. Don’t you want to know that all your hard work is protected?

You can click here to learn more about the available business coverage available. 

A few things to think about

Depending of your type of business, you may need to consider additional safety precautions

Do you: 

  • Have employees?
  • Work with livestock?
  • Use heavy equipment?
  • Have crops?

Depending on how you answered those questions, you may need to consider additional measures. Do you know our office has resources available to use with employees? We also can help you put a plan in place for risk management. 

Give us a call today to see what options we have available for you. 

Make Sure To Do Your Part To Prevent Forest Fires

prevent forest fires

prevent forest firesThe end of summer is near, but that doesn’t mean you are confined to the indoors just yet. Many families spend the end of summer enjoying the outdoors by camping, cooking out or enjoying a nice campfire. Living where we do with lots of woods and national forests around us, we all need to do our part and takes steps to prevent forest fires. 

Steps to prevent forest fires

When you think about forest fire prevention, chances are Smokey Bear comes to mind. His website is full of tips and information on how to prevent forest fires. You can learn steps on how to:

  • pick your campfire spot
  • prepare your campfire pit
  • build your campfire
  • maintain and extinguish your campfire

You can view the Smoke Bear website by clicking here

Have a great end of summer and enjoy your time with your family in the great outdoors! 

Cowboy Boots and Cocktails To Benefit Raemelton

cowboy boots and cocktails

Friday September 7, 2018 is the annual event to benefit Raemelton Therapeutic Equestrian Center. This year’s theme is “Cowboy Boots and Cocktails.” Each year we have a great time at this event, and this year we are excited to break out the cowboy boots! (If you remember we dusted off our western apparel earlier this year at the Mid-Ohio Business Expo. You can view those pictures on our Facebook page by clicking here). 

cowboy boots and cocktails

About Raemelton Therapeutic Equestrian Center

Raemelton is a local non-profit organization dedicated to providing therapeutic riding for the handicapped. They were founded in 1995 and serve more than one hundred students per week. Their provide Therapeutic Riding and Equine-Facilitated Learning ground programs. They are located on the grounds of the former historic Frank Black Estate in Mansfield, Ohio. Their facility features an outdoor riding arena, an indoor riding arena with a heated viewing room, two barns and ample pasture space. 

Cowboy Boots and Cocktails Event

If you are interested in attending this great event, in addition to the flyer above, you can click here for additional details. We hope to see you!  

The Importance of Not Texting And Driving

texting and driving

According to the National Highway Traffic Safety Administration (NHTSA), every day more than 1,160 people are injured in crashes involving a distracted driver. In addition, the NHTSA claims that driver inattention is the leading contributor is most crashes or near-miss accidents in the United States. Those are some startling statistics that enforce the importance of not texting and driving. 

Many of us are guilty for just taking a quick glance at our cell phone to see an incoming message. Or sending a quick OK, or yes response. Just because you do not send full text messages, does not mean that it is ok. Any texting while behind the wheel is dangerous. 

Some facts on texting and driving

  • Sending or reading a text message takes your eyes off the road for about 5 seconds. That’s long enough to cover a football field while driving at 55 mph.
  • Of all crashes, over 90 percent involve driver inattention within a 3 second window of the crash.  
  • Each day in the U.S., approximately nine people are killed and over 1,000 are injured in crashes that involve a distracted driver, according to the NHTSA. 

texting and driving

Texting and Driving Is Against The Law

Most states have adopted laws banning the use of cellphones and texting while driving. These laws help stress the importance of not texting and driving. Stay safe and remember:

Stop The Texts, Stop The Wrecks 

Important Insurance Tips For Your College Student

Insurance tips for your college student

Insurance tips for your college student

High School is over and it’s time for the next big step, college. The new students schedule is done, books are purchased and the day is approaching fast for the big move. New furniture, décor and electronics are all packed and ready to go. Before your college student can begin their next adventure you have one last item to complete on your check list. Talking with your insurance agent. While that may seem like an odd item to have on your checklist, it is probably one of the most important. Your insurance agent will have important insurance tips for your college student. When your child leaves home and takes up a new residence at college, that can affect how their belongings are covered. Below are a few questions you may have when it comes to insurance and your college student.

Will my college student’s belongings be covered by my homeowners policy?

Does your child lives in a campus dorm? There is usually a small amount of coverage that would be extended from your homeowners policy. If your child has expensive items, or a lot of items, you may need to consider purchasing additional coverage. Does your child lives in off campus housing? Their belongings may not be covered at all.

Is renters insurance really necessary?

Yes. Chances are your child’s belongings will exceed the amount provided by your homeowners policy, if they are even covered at all. Renters insurance will cover the possessions in your child’s housing at a small cost. You can purchase renters insurance for as little as $15 per month. This will not only give you the extra coverage, but peace of mind that that expensive new laptop or TV will be protected in the event of fire, theft, or other disaster.

In addition to your college students belongings, the move to college can affect your auto coverage and health coverage.

Will your child move more than 100 miles away from home?

If this answer is yes and they do not keep a vehicle at school, your insurance premiums could decrease by as much as 30%. If they are taking a car with them, be sure to review your auto coverage with your agent. Make sure you have the appropriate coverage and your child understands how it works in the event of a claim.

Does my child need to purchase health insurance?

In the state of Ohio, many health insurance carriers are now required to coverage children up to age 26. This rule applies regardless of full time student status. Be sure to review your health coverage to verify the dependent age limit on your plan. Also, make sure your child has an ID card with them if they should need to see a Dr or get a Prescription. They should also understand how the coverage works and if there is any copay they will be responsible for if they should have to use the coverage.

Sending a child to college can be a scary yet exciting time for everyone. When you add your insurance agent to your list of people to talk to during this transition, it can help give you peace of mind for you and your child’s future insurance needs. Remember, your agent is a great source for insurance tips for your college student.

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Flu Season Is Around The Corner, Are You Prepared?

Flu Season

Flu SeasonSchools are back in session and before you know it, it will be time for the dreaded flu bug. Before you know it you’ll start to see the signs to get your flu shots. And you know what that means? It’s flu season. Hard to believe it’s that time of year already, yet here we are.

What can I do during flu season?

There are several ways you can help protect yourself and your family from getting the flu this flu season. 

  • Get a flu shot (which many health insurance companies will cover at a reduced rate or at 100%, check with your agent)
  • Wash your hands frequently with soap and water for at least 20 seconds or use hand sanitizer
  • Avoid touching your nose, mouth and eyes
  • Avoid crowded settings if possible, if not avoid touching your nose, mouth and eyes and wash your hands as soon as possible after
  • If you are the one with the flu, stay home and keep your distance from others so you don’t spread the flu

While these tips won’t guarantee you won’t get the flu, they can help reduce the chance. Do you need help determining how your health insurance will cover a flu shot? Give us a call, we can help