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

You Need To Know These 4 School Bus Safety Tips

School Bus Safety

School Bus SafetySummer is almost over and our local schools are gearing up for the new school year. With school back in session, that also means school buses will be back on the road. Chances are you’ve gone over some school bus safety tips with your kids and what they need to know as riders. But have you reviewed the school bus safety tips you need to remember as a driver? Or gone over them with your new teen drivers? 

School Bus Safety

Being extra cautious around buses are critical. After all, they carrier the most precious cargo. In the next few weeks when you start seeing buses on the road, keep in mind these 4 school bus safety tips. 

  1. Be prepared to stop when you see the bus driver turn on the flashing red lights and raise the stop sign; a passenger is getting off.
  2. Never pass a stopped school bus that is unloading students.
  3. Remember that buses stop at railroad tracks so keep your distance as you approach them.
  4. Obey speed limits in school zones and give school buses the right-of-way

Start the new school year off on the right foot. While the increased traffic is a little of on inconvenience, everyone’s safety should be the #1 concern this year.

From your friends at Rinehart-Walters-Danner Insurance, have a great 2018-2019 school year! 

Rinehart Team To Help Out With Day Of Caring

Day of Caring

Day of CaringEach year the United Way of Richland county hosts a day of caring. The 2018 Day of Caring happens to be Friday August 3rd. Local businesses, like ours, volunteer their time to help out numerous United Way partner agencies. Many of these partner agencies have limited income and rely on donations and grant money to cover expenses. Paying for landscaping, painting or other services may not be in the budget for these local services. That’s where the United Way and local business volunteers come in. 

By volunteering our time, we can help these local organizations take care of some of their much needed non necessities. A day of “hard labor” for our volunteers can make a huge impact to many. As a member of this community, we want to do our part to give back and help out.  This year our Rinehart Team will be made up of 6 members. Team members are Partners Ted Wendling, John Hower and Marc Pfizenmayer, Agents Matthias Stewart and Zach Delong, and Account Manager Laci Vanderpool. This year we have the honor of helping the Harmony House.

About Harmony House

If you’re not familiar with Harmony House, they are a local homeless shelter located in downtown Mansfield, OH. They have been assisting those in need since 1990 and operate 24 hours per day, 365 days a year! You can click here to learn more about them and their services. 

Our agency has been part of the Day of Caring for numerous years. We actually have also been involved in past projects with Harmony House. We are thrilled to once again lend a helping hand!

Keep an eye on our Facebook page for pictures of our work throughout the day. 

 

6 Tips For Driving In The Rain and Thunderstorms

Driving In The Rain

 

Driving In The RainDriving in the rain or during a thunderstorm can be pretty nerve-wracking for most people. Worrying about having an accident or being stuck on the side of the road can be very overwhelming. It can also be very dangerous. However, a few tips and adjustments can take away some of the anxiety and help you stay calm during your commute.

Driving in the rain and thunderstorms

If you happen to get caught driving in the rain or thunderstorm, don’t panic . There a extra precautions you can take to make your trip a safe one.

A few tips to keep in mind:

  1. Turn on your headlights, wipers and defroster to increase visibility.
  2. Drive in the tracks of vehicles ahead of you and reduce your speed.
  3. Allow for increased space between your vehicle and the one in front of you.
  4. If you hydroplane, hold the steering wheel straight and remove your foot from the gas.
  5. Do not use cruse control during inclimate weather.
  6. Pull off the road in an open area away from trees to avoid a lightning strike.

Helping you to avoid claims is just one of the many value-added services we provide. In the unfortunate event you do have an accident, we will help you through the process. Give us a call during business hours or click here to view our after hours claim contacts. 

Life Happens. Our Mobile App Is Here To Help!

Mobile App

Mobile AppLife is full of unexpected twists and turns. You can almost always count on the unexpected. While we can’t prevent the unexpected, we can be there for you during your time of need. Auto accident, house fire, or simply for advise. We’re here to help and we have a new tool just for you. Our Rinehart Insurance Mobile App!

Why do you need our mobile app?

Because you never know when the unexpected will happen. I can almost guarantee you don’t carry around all of your insurance documents. But i’m willing to bet you have your cell phone with you. Our Mobile App is a great tool to store important insurance information and Auto ID card copies. 

When you download our Mobile App you will be able to:

  • Have all our contact information at your fingertips. Address, phone number, email, even links to your social media sites!
  • Enter policy information for your home, where you rent or any additional properties you may have. You can even include pictures for quick/easy recognition. 
  • Create a home inventory. In the event of a fire or natural disaster, will you be able to remember and provide details for all of your belongings? 
  • List all of your auto’s and their policy information. You can even take a snapshot of your Auto ID card and save it for easy access
  • In the unfortunate event of an Accident, our mobile app will walk you through the steps of what to do and what information to collect. You can even contact the closest tow truck if needed. 
  • Contact your insurance company directly to make a payment or check on claim status

Simply download the app and enter your policy number and other important policy information you wish to have available at your fingertips. 

How to download our mobile app

Downloading our mobile app is easy. Simply ask your CSR to send you an email invitation today. You can also go to your app store and download the Insurance Agent app. Click the appropriate link below, download the app, then select Rinehart Insurance from the list of agencies.

Join Us At Celebrity Bartender Night Benefiting The United Way

Celebrity Bartender Night

Are you looking for a fun evening that benefits a good cause? Join us this Thursday, July 12 from 6-8pm at Westbrook Country Club. Three of our agents will be competing to raise money in a Celebrity Bartender Night. The proceeds from the night will benefit the United Way of Richland County. Our three celebrities will be –  Gary Walters, Matthias Stewart and Zach Delong. Most of you probably know Gary Walters, our president. But have you met our two newest agents? If not, this is a great time to stop out and say hello! 

About The United Way of Richland County

Events like Celebrity Bartender Night help raise funds for the United Way. These funds will be used to help individuals in our community in need. They are led by local people and based in the heart of Mansfield.

According to their website:

“United Way ensures that the funds you entrust to us are invested wisely in programs county wide. Our volunteer allocations teams review fundraising requests, conduct program site visits, evaluate program outcomes, and ensure community needs are being met. We monitor all dollars granted, year round, to ensure your dollars are impacting our community”.  

Join us in helping raise funds for this great local organization. Below is a flyer with details for the night. We hope to see you there! 

Celebrity Bartender Night

 

Grilling Safety Tips You Need To Remember This Summer

Grilling Safety

Summer is the perfect time to be outside enjoying the sun. Swimming in the pool, boating on the lake, even playing in the backyard are favorite ways to pass the time. Regardless of which activity you choose, a summer BBQ is a great addition to your day. Grilling safety is something to keep in mind to ensure your friends and family are safe while having a good time. 

A Few Grilling Safety Tips To RememberGrilling Safety

  • Do not let children and pets play near the grilling area when cooking until the grill is completely cool.
  • Place your grill at least 3 feet away from other objects. This includes your house, trees and outdoor seating. 
  • Use starter fluid for barbecue grills that use charcoal only. Do not use starter fluid for gas grills. 
  • Check the connection between the propane tank and the fuel line to make sure it is not leaking and is working properly before using a gas grill. 
  • If you suspect that your gas grill is leaking, turn off the gas and get the unit fixed before lighting. Never use a match to check for leaks. 
  • Do not bring your grill into an unventilated or enclosed space such as the garage or inside of your home. This is not only a major fire hazard; it is also a carbon monoxide hazard. 

Hot grills not only cause fires but can cause burns. Be cautious around the grill and make sure to keep an eye on children and pets. A few minutes of caution can ensure a summer full of fun with friends and family. 

 

How to Avoid Condominium Coverage Gaps

Condominium Coverage Gaps

Condominium Coverage GapsA new home, less work for you, now it’s time to relax and enjoy all the amenities…well, maybe not yet. If you own a condominium, it’s important to make sure you don’t have any condominium coverage gaps. Owning a condo creates both common and personal insurance needs. Make sure to determine what exactly is covered by your association’s master policy, and what is not.

Condo Association Master Policy

Typically, the condo association carries a master policy. This policy insures all of the property and common areas that are collectively owned by the unit owners. However, it usually does not provide any protection for the interior of your unit or personal possessions. That leaves you with condominium coverage gaps. So what do you do?

Purchasing Your Own Coverage

A Condo Insurance policy is designed to help prevent condominium coverage gaps. A condominium is different than a standard home, therefore it needs a specialized policy. The policy includes coverage for your personal possessions, structural improvements made to your living space and additional living expenses incurred due to an accident.

In addition to the covering your belongings, you will also want to purchase liability protection. This will cover you against lawsuits for bodily injury or property damage that you or a family member cause to other people. In some cases, it even includes coverage for pets. It will pay for the cost of litigation as well as any court awards. Coverage will be provided up to the limit of your policy, and covers you at home or away. 

Other potential Condominium Coverage Gaps

Some additional coverages to consider including: 

  • Unit assessment coverage: This coverage reimburses you for the expense passed on to you by the association as long as the cause of loss was covered by the association’s policy. 
  • Sewer backup: This coverage insures your property for damage by the backup of sewers and drains. It does not include flood protection. 
  • Flood or earthquake: These can strike anywhere, so It’s important to understand your risks and check into coverage options. 

We are here to help. Give us a call if you would like to review your current coverage or if you need to get a brand new policy. 

How Confusing A Copay and Coinsurance Can Cost You

Copay and coinsurance

This is a question our benefits department receives quite often. 

“What’s the difference between a copay and coinsurance?”

For most it can be quite confusing. The short simple answer is a copay is usually a set dollar amount and coinsurance is a percentage of the cost. Let me explain.

Copay

Copay’s or copayment’s are fixed dollar amounts you pay for covered health care. These are usually charged when you receive the service. For example you pay a set $20 when you visit your primary care doctor. 

Coinsurance

Coinsurance is your share of the costs of a covered service. It is calculated as a percent of the allowed amount for the service. For example, if the plans allowed amount for an overnight hospital stay is $1,000, your coinsurance payment of 20% would be $200. This may change if you haven’t met your deductible. 

The below image from a Summary of Benefits and Coverage shows you example of the listings for copay and coinsurance. 

Copay and coinsurance

How Will Confusing Copay and Coinsurance Cost Me?

Depending on your plan, you could find yourself in a situation where you pay extra money because you choose the wrong type of provider. Say your plan has a $100 copay for a Urgent Care visit but if you go to the Emergency Room your plan has a 20% coinsurance cost. You just have strep throat and not a life threatening situation. The Urgent Care will cost you $100 but the Emergency room will be 20% of the total cost. I don’t know if you’ve been to the Emergency Room lately but most of the times just to walk in is about $1000! That alone has you at $200 ($1000 x 20% = $200). Just by choosing a different type of facility you overspent. But by understanding your benefits can help. (The above are strictly fictional numbers, but you get the idea). 

Health Insurance can be confusing especially if your new to handling your own coverage or have never taken the time to read up on the definitions. Copay and coinsurance are just the tip of the iceberg so to speak. But don’t fret, we are available to answer any questions you may have. Give our benefits department a call today with any questions you may have. 

You can also view the below blog post that goes into more detail on other health insurance benefit definitions. 

Do You Understand The Insurance Benefits Offered By Employers?