InsuranceDeals4U.com: Home

InsuranceDeals4U.com: Home

PERSONAL INSURANCE

Learn The Facts, Then Consider Flood Insurance

     Have you considered buying flood insurance?

 

     Before you answer “no” and add, “Why would I need that?”  or “I don’t live anywhere near a river!” you should know that many home and business owners have offered similar responses and then gone on to suffer uninsured flood damage.

 

     Before you decide not to purchase flood insurance, you owe it to yourself to learn some facts:

 

·         A little water can cause a lot of damage.  According to the FEMA-sponsored website FloodSmart.gov, only 3 inches of water in a 1,000-square-foot, slab construction home can result in damages of over $11,000! Put that 3 inches in a finished basement and the cleanup costs alone can run you more than $5,000.

 

·         You don’t need to live on a riverbank to get flooded.  Many floods occur far away from a body of water.  Water flowing down an incline, pooling in a low-lying area or unable to enter a blocked storm drain can find its way into your home or building.

 

 

·         Flood insurance can be inexpensive.  If your home lies outside the floodplain and has a slab foundation, you can purchase enough coverage to pay for your cleanup costs and minor repairs for as little as $129 a year. Homes with crawlspaces or basements will pay only slightly more.

 

             Please don’t go unprotected against flood damage without learning the facts about your risks and coverage options.  Be informed.  Be protected. Contact our office to talk about flood insurance. Carlisle Insurance Agency in Jackson, Oh 740-286-5031 www.carlisleinsagency.com carlisleagency@hotmail.com

 

 

New Year Insurance Review

New Year Insurance Reviewwww.carlisleinsagency.com

Customer Satisfaction Reviews of Auto-Owners Insurance Auto Insurance | Insure.com

Customer Satisfaction Reviews of Auto-Owners Insurance Auto Insurance | Insure.com
It is my privilege to once again inform you we received confirmation from J. D. Power and Associates we have been recognized “Highest in Customer Satisfaction with the Auto Insurance Claims Experience, Five Years in a Row.” 

All Term Insurance Policies are NOT the Same!

All Term Insurance Policies are NOT the Same!

Why should you consider Auto-Owners Term Life insurance over other companies’ products, even if the price is a little higher?

You are ensuring your future. Most term insurance products sold by other companies leave a big exposure gap! Let me illustrate:

Typical competitor’s 10-year term policy Premiums

·         A 41-year-old preferred non-smoking male: $500,000 term life policy

·         Year 1 through 10 premium: $415 per year

·         Year 11: $5,730 annual premium (Huge Rate Increase by our Competitors)

·         Year 12: $6,315

·         Year 15: $8,805

·         Year 20: $14,205

At age 51 for this individual there is a strong chance he will still need life insurance and may even have a greater need for it then. If he were to become uninsurable during the 10-year period of this policy and still needed the life insurance, he would not be too happy knowing he can’t afford the higher premiums after his 10 year term policy expires. By the 20^th year he would have paid over $100,000 to keep his coverage in force.

 Most life insurance is intended and designed to never pay a death benefit. In fact, only 2 percent of all term policies sold ever pay a death benefit. Most term policies are designed to force policyholders to go away before they die. At Auto-Owners we think differently about our policyholders. We are interested in insuring our policyholder’s future. Auto-Owners Insurance Company offers a unique optional feature on our 10- and 20- year term policies called Guaranteed Renewability Benefit (GRB).

At the end of a 10-year term of low premiums, the policyholder has the option of continuing coverage by locking in a level rate for another 10-year period. This rate is for the attained age, using the same underwriting class the policyholder had originally, regardless of his current health.

So if our customer qualified for preferred rates at age 41 as in the example above, he would renew at preferred rates at age 51 even if he is uninsurable due to health reasons. Only Auto-Owners allows you to have financial peace of mind knowing you can afford to insure the next ten years of your life with this very unique GRB benefit.

Here is how Auto-Owners pricing would work for the same client as above:

·         Year 1 through 10: $541 per year

·         Year 11 through 20: $1,112 per year

·         So if our customer qualified for preferred rates after the 10 year policy expires for this 41-year-old male we are using as an example. He would need to pay a premium that is only $126 per year higher with Auto-Owners for the first 10 years in order to get the peace of mind knowing the future is protected if he becomes uninsurable. After the 11^th year he would already be money ahead with Auto-Owners. I am sure you will agree that the Guaranteed Renewability Benefit is important for securing your financial future and it’s only available from Auto-Owners Insurance. The cheapest price is usually not the best value in anything we buy.

Michael Carlisle

Carlisle Insurance Agency

659 E. Main St. Suite A

Jackson, Oh 45640

740-286-5031

www.carlisleinsagency.com

www.carlisleinsagency.com

When Should I File An Insurance Claim?
www.carlisleinsagency.com

When Should I File An Insurance Claim?

It is always a good idea to consult with your independent insurance agent.

5/31/2012

Insurance Claims

To pay out of pocket or file an insurance claim; the answer is not always clear.

You purchase insurance for life’s unexpected events and you trust your independent insurance agent to help you find the right coverage for the best price.

By definition an insurance claim is a request to an insurance company to pay for a loss. This claim initiates an evaluation process to determine if the loss is the responsibility of the requested insurance company. However, keep in mind that the purpose of insurance for consumers is to protect them from financial disaster, not small expenses.

There are no set rules on when to file a claim although the guidelines below can help you evaluate your individual situation. It is always a good idea to consult with your agent. Remember – he/she is there to look out for your best interest and may have more information that may affect your decision.

DO file if …
It is a BIG claim. Experts agree it is not wise to make small claims, although they disagree on what small means. To some that is $500. Others say $1,000. It will depend on what you can afford to pay out of pocket.
You have not had recent claims. Filing a single claim might have no effect on your auto or homeowners premiums.
Injuries are involved. If there is a chance someone else in the incident could claim they were injured, file a claim to protect yourself from an injury lawsuit.
You have had the policy a while. Longtime customers who make few or no claims generally get more leniency than new customers who file claims.

DO NOT file if …
Your deductible is higher than the value of your claim. Your deductible is the amount you have to pay before your insurance kicks in.
You have had other recent claims. Filing several claims in the same year might trigger an increase, Hubbard said. So, if you are facing numerous claims, you might want to pay one of the smaller ones out of pocket, she said.

Protecting Your Employees Against Slips, Trips and Falls

BUSINESS INSURANCE

Protecting Your Employees Against Slips, Trips and Falls

As a business owner, one of your primary concerns should be protecting your most valuable assets.  Most people agree the earning power of the owners and employees is one of the main assets of any business. 

     Slips, trips and falls cause the majority of general industry accidents and 15 percent of all accidental deaths.  They cause more fatalities than all other causes but motor vehicles.  In the construction industry, falls are the leading cause of worker fatalities.  Each year between 150 and 200 workers on average are killed and more than 100,000 are injured as a result of falls at construction sites.

     The Occupational Safety and Health Administration (OSHA) has recently revised its construction industry safety standards and developed systems and procedures designed to prevent employees from falling off, onto, or through working levels and to protect employees from being struck by falling objects.  The OSHA rule clarifies what an employer must do to provide fall protection for employees, such as identifying and evaluating fall hazards and providing specific training.

     Under the revised standards, employers are able to select fall protection measures compatible with the type of work being performed.  Fall protection generally can be provided through the use of guardrail, safety net, personal fall arrest, positioning device and warning line systems.

     There are many situations that can cause slips, trips and falls.  To increase the awareness of these hazards to your employees, we suggest the following:

Make tripping and fall hazards an area to focus on in your regular safety meetings and inspections.

Review each accident report to determine the cause of any slips, trips or falls and take corrective action.

Put up safety posters warning about slip, trip and fall hazards.

Provide training for all employees. 

     By eliminating workplace hazards and training employees to take work safely, most of the reported injuries and fatal accidents can be prevented.  Protecting your employees against slips, trips and falls will also have a positive impact on your workers compensation expenses.

http:/www.carlisleinsagency.com

The Risk Of Flooding Is Real

PERSONAL INSURANCE

The Risk Of Flooding Is Real; Don’t Gamble Anymore

     A recent survey of a Vermont town affected by the recent Northeast flooding found that 80% of the people suffering a flood loss did not have the funds to repair all of the damage they received.  Between 2001 and 2010 the average loss paid by the National Flood Insurance Program (NFIP) was $48,000. 

 

     Because most homeowners policies do not cover flood losses, would the average flood loss—or even a smaller flood loss— cause you a significant financial burden?  If so, a flood insurance policy can help.  A flood insurance policy can provide up to $250,000 in structure coverage and up to $100,000 in contents coverage for homeowners.   Renters can purchase up to $100,000 in contents coverage.

 

     You can buy flood insurance no matter what your flood risk.  Almost anyone in a community that participates in the NFIP can purchase coverage.  There are very few exceptions. 

     You do not need to live near water to be flooded.  Many people affected by flooding live miles from the nearest river or ocean.  Floods are caused not only by storms and hurricanes, but also snowmelt, inadequate and overloaded drainage systems and even broken municipal water mains.

     Flood insurance is affordable.  Homeowners in low-risk areas can purchase $20,000 in building and $8,000 in contents coverage for as little as $129 a year.  Even a small amount of flood insurance can help reduce the burden of a potential flood loss.

   

     Do you think a flood can’t happen to you?  That’s what the people in the Vermont survey thought.  They gambled and lost.  Some of them may never recover.   Don’t let that happen to you.  Please contact our office and we will be happy to discuss your flood insurance options.

Flood Insurance