One of the many advantages of using an independent agent is that we understand your risks and can design a homeowner’s policy that provides the insurance coverage your family needs. There are many different insurance companies and kinds for coverage from which to select. Call our office to make sure you have these things covered:
Unique Things Covered By Homeowner’s insurance
1. That $5,000 diamond ring. Most homeowner’s polices have limitations on jewelry. If you have jewelry valued over $1,500 you will need to endorse your policy.
2. Hotel stays after a covered loss. If you have “loss of use” coverage on your homeowner’s policy, it will cover the costs to house your family in a hotel, or other location, while the repairs to your home are being completed. Subject to policy terms.
3. Dog bites. If you have a dog, your homeowner’s insurance can cover liability arising from your dog biting a third party. Certain breads may be excluded.
4. Food in your refrigerator. Homeowner’s insurance can also cover all the goodies in your fridge. Say a big storm knocks out the power and everything in your fridge spoils. Well, don’t worry. Your homeowner’s coverage will likely step in to help. Coverage may be subject to your deductible.
5. Imported oils and other special foods. If a covered loss cause’s damage to expensive imported foods, your homeowner’s policy can provide coverage; as long as you are not running a business out of your home.
Please check with our office regarding these items. All coverage will be subject to your actual policy terms and conditions.
You put a lot of effort into building valuable assets and supporting your family’s lifestyle. When things go wrong, personal insurance can assist in safeguarding those assets and offer protection in the case of your dying. Allow our insurance specialists to examine your situation and establish the coverage and plans that are best for you and your family.
Protect your investment in your home with the right kind of insurance. You may protect your house and your things with home insurance. You’ve worked hard for what you have. Therefore it’s crucial to be protected properly. There are numerous possibilities for what your property’s house insurance can cover. We can assist you in ensuring that everything is handled.
Most homeowners’ policies do not cover flood risk. Even if you are not in a flood zone, certain events can also cause damage to your home. Flood insurance is a useful addition to any homeowners, renters, and condo owners/renters policy.
Automobile insurance helps you deal with probable financial losses, damages, or injuries associated with cars. It aids in defending you, your passengers, other motorists, pedestrians, property, and your automobile. Additionally, auto insurance might shield you from lawsuits resulting from vehicle accidents. To assist you in finding the best value for money and coverage, we will give you rates from various insurance providers. We’ll thoroughly lay out your alternatives so you can choose the one that best suits your needs.
Umbrella insurance’s primary purpose is to shield you from the financial responsibility of legal claims. There is typically a cap on the coverage per accident with liability insurance policies for vehicles, ranging from $300,000 to $500,000. However, the cost of a lawsuit can exceed millions of dollars. Your other financial assets can be protected by an umbrella policy’s coverage, and you can avoid being sued for losses that other insurance doesn’t cover.
This Newsletter Brought to you by Route 66 Insurance, Inc.
Global temperatures are on the rise, and extreme weather is one of the most pressing issues of our time. As the Earth’s climate changes, our insurance premiums will too. Here’s what you need to know.
Are insurance premiums going to rise because of climate change?
Global temperatures are on the rise, which is causing climate change. And with climate change comes an increased risk of natural disasters like hurricanes, earthquakes and wildfires. These disasters can cause extensive damage to property, and as a result, insurance premiums are likely to rise.
How big of a rise can we expect?
It’s difficult to say for sure, but experts believe that insurance premiums could go up by up to 50% in the next decade. This is because the risk of natural disasters is increasing as the Earth’s climate continues to change.
What can I do to protect myself?
Unfortunately, there’s not much that individuals can do to protect themselves from the effects of climate change. However, you can take steps to reduce your risk of a natural disaster happening in the first place. For example, you can make sure your home is properly insured, and you can have a disaster plan in place.
Disasters can happen anywhere in the world, so it’s important to be prepared. If you live in an area that’s prone to natural disasters, make sure you have an evacuation plan and some emergency supplies on hand. And if you do experience a natural disaster, make sure to contact your insurance company as soon as possible.
Flooding is becoming more frequent and extreme.
Flooding is a common natural disaster that can cause serious damage to property. Even a few inches of water can cause extensive damage, and many homeowners and renters insurance policies do not cover flood damage.
Homeowners and renters who want to protect themselves from potential flooding damage should consider purchasing a flood insurance policy. Flood insurance policies are available through the National Flood Insurance Program (NFIP), which is administered by the Federal Emergency Management Agency (FEMA).
The NFIP offers two types of flood insurance policies: standard and excess. Standard policies provide up to $250,000 in coverage for building damage and $100,000 in coverage for personal property. Excess policies provide up to $500,000 in coverage for building damage and $500,000 in coverage for personal property.
Flood insurance policies are not available in all areas. Homeowners and renters who want to purchase a policy should contact our office to see if coverage is available in your area and what the cost might be
In general, the higher your risk of flooding, and the coverage you need, the higher your flood insurance premiums will be. However, there are a number of ways to reduce your premiums, including raising your deductible and taking steps to reduce your risk of flooding. Please call our office at 505-884-1615 for more information.
Personal Insurance Update
Personal umbrella insurance provides extra protection, or limits, above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an umbrella insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella insurance can provide limits above your personal auto and home policies.
The cost of a personal umbrella can be as low as $175 per year for $1,000,000 worth of coverage. If you own a boat, jet sky, snowmobile, or any other kind of recreational toy, you should consider a personal umbrella policy. If you own your home or have a 401 K plan, don’t jeopardize your future by having a liability claim that could cost you everything.
Do you own a boat, second home, or have other expensive toys? Often high net worth individuals need higher liability limits to protect personal assets. A simple rule is, the more you own, the greater risk you may have of losing it.
Umbrella insurance provides broad insurance beyond traditional home and auto. It provides additional liability coverage above the limits of homeowner's, auto, and boat insurance policies. It can also provide coverage for claims that may be excluded by the primary policies.
These Cool Tips Brought To You By Route 66 Insurance, Inc.
Summertime can be a lot of fun, but it’s important to remember to take precautions when it comes to your pets. Make sure to keep them hydrated and cool, and never leave them in a car unattended. By following these tips, you can help ensure that your pet has a safe and enjoyable summer.
* Make sure they have access to plenty of water.
* Create a shady spot for them to relax in.
* Place ice cubes in their water dish.
* Run a fan near them.
* Place a frozen bottle of water on the floor for them to play with.
* Give them frozen treats or frozen bones.
* Take them for walks or play with them in the yard in the early morning or evening when it's cooler.
* Buy a pet cooling mat.
* Watch for signs of heatstroke in pets, which can include excessive panting, drooling, vomiting, and loss of coordination. If you think your pet may be suffering from heatstroke, call your veterinarian immediately.