One of the most popular home renovations currently is a finished basement with home theatre. Such improvements may affect the replacement cost of a home and should be incorporated in the dwelling limit.
More importantly, homeowner policies provide very limited coverage for sewer and drain backups, often as little as $5,000. Basements with extensive finishes and valuable personal property should carry higher limits, which are available for a nominal charge.
It's also important to remember that your homeowner policy does not include flood insurance. This includes damage caused by a rising body of water or any other surface water that may enter your basement. The National Flood Insurance Program provides this coverage which we can facilitate for you if desired.
Contact us with any questions about your homeowner policy.
Call 614-459-6500 and ask for Dan!
Tuesday, May 28, 2013
Wednesday, May 22, 2013
Texting While Driving - Ohio's New Laws
Enforcement of Ohio Revised Codes 4511.204 and 4511.205 began on March 1, 2013. These laws are Ohio's texting while driving ban.
The first statutes applies to drivers 18 and over. It states that writing, sending, or reading a text-based communication is a secondary offense, meaning that the driver cannot be stopped due to the sole violation.
For drivers under age 18, Ohio Revised Code 4511.205 prohibits driving while using in any manner an electronic communications device. A violation of this statute is a primary offense, meaning that the driver can be stopped for the sole purpose of such a violation. Fines are $150 for the first violation and $300 for the second. License suspensions are 60 days for the first violation and 1 year for the second.
Contact our office for more information on your auto, home, or business insurance.
Call 614-459-6500 and ask for Dan!
The first statutes applies to drivers 18 and over. It states that writing, sending, or reading a text-based communication is a secondary offense, meaning that the driver cannot be stopped due to the sole violation.
For drivers under age 18, Ohio Revised Code 4511.205 prohibits driving while using in any manner an electronic communications device. A violation of this statute is a primary offense, meaning that the driver can be stopped for the sole purpose of such a violation. Fines are $150 for the first violation and $300 for the second. License suspensions are 60 days for the first violation and 1 year for the second.
Contact our office for more information on your auto, home, or business insurance.
Call 614-459-6500 and ask for Dan!
Tuesday, May 14, 2013
Water Damage Coverage
Recent heavy rains have resulted in disastrous floods in the eastern United States with unfortunate loss of lives and property.
We're compelled to remind you that your homeowner policy does not include damage caused by floods or other rising surface water. You probably have limited coverage on your policy for loss caused by sewer and drain backup or sump pump failure.
Flood insurance can be arranged through the National Flood Insurance Program for homeowners. The rates are relatively reasonable unless you live in a high hazard area which tends to be a low-lying area near a body of water.
We encourage you to contact us to discuss the extent of your current water damage coverage and to address any other concerns you may have.
Call our office at 614-459-6500 and ask for Dan!
We're compelled to remind you that your homeowner policy does not include damage caused by floods or other rising surface water. You probably have limited coverage on your policy for loss caused by sewer and drain backup or sump pump failure.
Flood insurance can be arranged through the National Flood Insurance Program for homeowners. The rates are relatively reasonable unless you live in a high hazard area which tends to be a low-lying area near a body of water.
We encourage you to contact us to discuss the extent of your current water damage coverage and to address any other concerns you may have.
Call our office at 614-459-6500 and ask for Dan!
Tuesday, May 7, 2013
Identity Theft: Do You Have Coverage For It?
One of the fastest growing crimes in this country involves identity theft. Social security numbers and other personal information are often stolen for the fraudulent benefit of the wrongdoer.
The victim of such actions can incur significant fees and expenses including new application fees to creditors and attorney fees for claims from creditors. These costs can run into the thousands of dollars.
Many insurance companies have responded to this trend by offering Identity Theft Expense Coverage as an optional endorsement to homeowner's policies. One carrier offers the coverage with a $25,000 per loss limit for $25 per year.
Contact us if you wish to discuss this or any other insurance matter.
Call 614-459-6500 and ask for Dan!
The victim of such actions can incur significant fees and expenses including new application fees to creditors and attorney fees for claims from creditors. These costs can run into the thousands of dollars.
Many insurance companies have responded to this trend by offering Identity Theft Expense Coverage as an optional endorsement to homeowner's policies. One carrier offers the coverage with a $25,000 per loss limit for $25 per year.
Contact us if you wish to discuss this or any other insurance matter.
Call 614-459-6500 and ask for Dan!
Monday, April 29, 2013
Dan and Billy featured in "People on the Move"
Click the links below to find our own Dan DeLucia and Billy Griffin featured in Columbus Business First's "People on the Move"
Dan - http://www.bizjournals.com/columbus/potmsearch/detail/submission/1657791
Billy - http://www.bizjournals.com/columbus/potmsearch/detail/submission/1657881
Remember to call our office at 614-459-6500 with any questions regarding your personal or commercial insurance.
Dan - http://www.bizjournals.com/columbus/potmsearch/detail/submission/1657791
Billy - http://www.bizjournals.com/columbus/potmsearch/detail/submission/1657881
Remember to call our office at 614-459-6500 with any questions regarding your personal or commercial insurance.
Tuesday, April 23, 2013
Prepare Your Property for Spring
Now that our dreary winter is behind us, there's much to look forward to in the coming weeks. As we enter the spring season it's wise to consider that spring weather frequently causes significant storm damage.
Here are some tips to minimize such incidents:
- Garage your cars if a storm is approaching. Hail damage to vehicles can be significant.
- Check your gutters and downspouts for debris. Last autumn's leaves may cause gutters to backup and damage interior walls.
- Keep trees well trimmed and remove dead trees and debris in order to minimize wind damage.
- Test the float on your sump pump to make sure it's functioning properly. If your sump pump needs to be replaced, we recommend one with a backup battery source in case you lose power during a rainstorm.
Contact our office for more information 614-459-6500. Ask for Dan!
Here are some tips to minimize such incidents:
- Garage your cars if a storm is approaching. Hail damage to vehicles can be significant.
- Check your gutters and downspouts for debris. Last autumn's leaves may cause gutters to backup and damage interior walls.
- Keep trees well trimmed and remove dead trees and debris in order to minimize wind damage.
- Test the float on your sump pump to make sure it's functioning properly. If your sump pump needs to be replaced, we recommend one with a backup battery source in case you lose power during a rainstorm.
Contact our office for more information 614-459-6500. Ask for Dan!
Tuesday, April 16, 2013
The Affect Your Credit Score Has On Your Insurance Premium
There are many variables that determine how insurance companies price home and auto insurance. Homeowner premiums are determined in part by insurable value, construction, location, and claim experience. Auto insurance premiums are largely determined by location, vehicle usage, types of cars, drivers, and driving records.
Within the past decade insurance companies incorporated credit scoring into their rating models as well. Your insurance premiums can now vary widely by the quality of your credit scores.
Some of the credit rating organizations have inaccurate information in their files. We are not privy to that information, but can tell you what your insurance credit score is if you feel that your premiums are adversely affected by your credit score.
Contact our office for more information 614-459-6500. Ask for Dan!
Within the past decade insurance companies incorporated credit scoring into their rating models as well. Your insurance premiums can now vary widely by the quality of your credit scores.
Some of the credit rating organizations have inaccurate information in their files. We are not privy to that information, but can tell you what your insurance credit score is if you feel that your premiums are adversely affected by your credit score.
Contact our office for more information 614-459-6500. Ask for Dan!
Subscribe to:
Posts (Atom)