Posted by & filed under Homeowner’s Insurance, Personal Insurance.

Homeowner’s Insurance Update

How many of you have actually read your homeowner’s insurance policy? We guess not too many. We do recommend that you read your policy to help you understand what coverage you have. Most homeowners are familiar with the basic coverage found their homeowner’s insurance policy; including coverage for the home itself, personal property and liability associated with owning a home.

Are There Other Coverages?

There is often other coverage found in your homeowner’s insurance policy that you may not know you have. Remember, each policy is different, so these coverage examples are general in nature.  This “hidden” coverage may have specific limits and terms of which you need to be aware, but here are some examples of coverage found in most homeowner’s insurance policies.

  • Liability coverage away from your home. You have coverage if you cause injury to a third party away from your premises.
  • Damage to your neighbor’s property. If you are at a party and cause damage to your neighbor’s property, chances are it would be covered.
  • Legal expenses. Should you be sued for an accident that occurred in your home, chances are legal costs would be covered under your homeowner’s insurance policy.
  • Additional living expenses. Your policy can pay the additional costs of living away from home if you cannot live there due to damage from an insured loss. It covers hotel bills, restaurant meals and other costs, over and above your usual living expenses, incurred while your home is being rebuilt.
  • Many homeowners’ policies provide a small amount of coverage for stolen money.
  • Property of your college student. If your dependent child is a full-time college student living on campus, their property is covered by your homeowner’s insurance policy

It is important to note that not all homeowner’s policies are created equal, and what one company offers may not be the same as another company. Also keep in mind, if you bought your policy online, who really knows what coverage you have?

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

 

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Posted by & filed under Commercial Insurance, Safety.

A Business Insurance Update

Every business has the risk of having a fire. But the good news is that the likelihood of having a fire at your business can be reduced through action you can take.

Having the right kind of business insurance is very important to every business, because you rely on business insurance to protect your assets in the event of a fire, theft or other loss. In 2015, there were over 344,000 commercial fires which caused 3,275 deaths and over 11,600,000,000 of damage. (FEMA Report)

Here are some actions you can take that may reduce the severity of a loss if and when a loss does occur. This is a good checklist for you to review annually.

  • Test smoke detectors monthly
  • Check fire doors. They are not permitted to be propped open by wedges or any other temporary device.
  • If you have an automatic sprinkler system in place, this will provide primary fire protection for your business.
  • Best practices for fire safety is for smoke detectors and fire extinguishers on every floor. Your best option are multipurpose extinguishers.
  • Make sure nonessential electrical equipment is turned off at the end of the workday.
  • Are all exits clearly defined and visible?
  • Keep exits unlocked during business hours.
  • Be sure the area directly around the sprinkler head is free of obstructions. Move any items that are stored within about a foot and a half from the sprinklers.
  • Require spills of flammable or combustible liquids and hazardous materials to be cleaned up promptly.
  • All exit doors should be able to be opened from the direction of exit travel without the use of a key or any special knowledge or effort.
  • Are your employees familiar with the firefighting equipment of your business?
  • Have a safe assembly point for employees outside the building.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

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Posted by & filed under Homeowner’s Insurance, Personal Insurance, Safety.

A Personal Insurance Update

With temperatures falling and meteorologists predicting a colder than normal winter, the easiest and most cost efficient way to keep your home’s heat inside, while keeping your heating bill respectable, is to add fresh insulation to your attic, ceilings, basement, and walls.

Time for a Home Insurance Check-Up

Let us provide you with an insurance check-up to make sure you have the best possible coverage.  We have access to a number of different markets and can save you even more if you combine your home and auto together.

Prepare for Winter

The following is a checklist for what homeowners ought to be doing when prepping for the cold season. Stick to it, and you’re sure to have a warmer and more relaxed winter experience.

  • Reverse ceiling fan rotation.
  • Inspect your furnace and replace filters.
  • Insulate water pipes.
  • Turn off all outside water and sprinklers.
  • Clean wood stoves and chimneys.
  • Install window insulators.
  • Store summer tools and prep winter ones.
  • Get a programmable thermostat.
  • Make sure you caulk, repair, and replace any siding that is failing.
  • Stock up on emergency supplies.
  • It is always wise to provide an outside air supply for combustion appliances like gas stoves and furnaces. You may need a professional to check this for you.
  • Make sure your recreation vehicles get the same care as your home.
  • Seal cracks in windows, doors, foundations, and ducts.
  • Replace batteries in smoke detectors.
  • Clean gutters.
  • Add insulation where needed.
  • Check for leaks in gutters, windows, and roofs.
  • Keep shrubbery trimmed and away from your home.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

 

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Posted by & filed under Homeowner’s Insurance, News and Announcements, Personal Insurance.

Homeowner’s Insurance

You buy home insurance to protect your most important asset.  There are many items to consider and we can help you through the process of finding the right coverage for you and your family. Remember not all homeowner’s insurance policies are considered equal.

There are many factors that go into determining your homeowner’s insurance premiums.  We thought it might be fun to address our “top ten list” of things every homeowner should know before purchasing insurance.  As your agent we can help you identify the best possible combination of coverage, price and service.

  1. You are a statistic. To an insurer, you are a set of risks. An insurer bases its premium (or its decision to insure you at all) on your “risk factors” including your occupation, who you are, what you own, and where you live. To us, you are a person and we value our relationship with you.
  2. Know your home’s value. Before you buy a policy, it is important to know your home’s replacement cost.
  3. Insurers differ. As with anything else you buy, what seems to be the same product can be priced differently by different companies. You can save money by comparison shopping.
  4. Don’t just look at price. A low price is no bargain if you don’t have the right coverage.
  5. Go beyond the basics. A basic homeowner’s policy may not promise to entirely replace your home.
  6. Look for discounts. Insurers provide discounts to reward behavior that reduces risk.
  7. Be sure that you have the proper documentation if you have a claim. Your idea of fair compensation may not match that of your insurer. Your insurer’s job is to restore you financially. Your job is to prove your losses so you get what you need.
  8. Know your policy. Keep your policy updated, and reread it before you file a claim so there are no surprises.
  9. Check you deductibles. It may benefit you to increase your deductible, especially if you have a good claims experience.
  10. Your policy excludes Quake and Flood. Check with us and we will provide you with a quote.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

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Posted by & filed under Commercial Insurance, News and Announcements.

A 2018 Business Insurance Update

Risk management and insurance issues that your local business faces are not that much different from those faced by fortune 500 companies; fortune 500 companies’ risks are just larger and possibly more complex.  Making sure that you have the right kind of business insurance for protecting your operations is our number one goal.

Recently, PC360.com ran an article describing the top risks for large corporations.  We thought we would relate these risks to your local business, and suggest some insurance that your business should consider to cover these risks.

  • Business Interruption Insurance – This can include lost net income, continuing expenses, and even relocation expenses. This coverage is not always automatic, and needs to be added with specific limits.
  • Directors and Officers Liability – Directors and officer’s liability insurance helps protect your business, owners, executives, and managers if individuals, competitors, third parties or government regulators make claims.
  • Regulatory Compliance Issues – New regulations and contractual risks are increasing for all organizations. Issues include; contracted employee, healthcare, workers’ compensation laws, environmental issues, cyber reporting requirements, and more.
  • Employee Safety – Maintaining a safe working environment should always be a top priority for your business.
  • Cyber Liability – Did you know that the average business has a greater chance of having a cyber breach than it does of having a fire? It is true, and your business insurance policy most likely will not cover cyber liability losses. “This new world of connected devices promises insights on which companies can base strategic decisions. But the ability to obtain more information brings the responsibility to use that data appropriately, maintain customers’ privacy, and practice effective cybersecurity.”  com

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

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Posted by & filed under Benefits of Being Independent, Commercial Insurance, News and Announcements, Safety.

A Commercial Insurance Update

Your business keeps you running from dawn to dusk. You have many decisions to make every day in order to keep your business profitable. Our job is to be your business insurance resource and to provide you with the best combination of coverage, price, and service.  A commercial liability policy can protect your company from actions by yourself and employees if a third party is damaged or injured.

Basic Questions for a Better understanding of Commercial Liability Insurance

What Does a Commercial Liability Policy Cover?  – This coverage is intended to cover your business and employees from injury or damage to third parties resulting from your negligence.  This might include damage to property or injury to others.  If your products or services cause a loss to a third party, a commercial liability policy will respond.

How Do I Determine What Limits I Need? – How much coverage you need depends on your industry and the size of your company.  We usually recommend at least $1,000,000 in coverage to start with.  If you are in construction or similar industries, we might recommend higher limits.

Is Commercial Liability Insurance Expensive? – Insurance premiums are based on a number of factors including revenues, industry, number of employees and other factors.  For a small business commercial liability premiums are not expensive.

What Is the Best Way to Obtain Commercial Liability Insurance?  –The best way to secure commercial liability insurance is to use an independent agent like us. We would combine your commercial liability along with commercial property coverage to get the best combination of coverage, price, and service.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

 

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Posted by & filed under Homeowner’s Insurance, News and Announcements, Personal Insurance, Safety.

A Personal Insurance Update

November is here and that means the holiday season has started.  Over the next number of weeks, holiday activities will consume much of our time.  This is also the season when homeowners have insurance claims for fire, burglary, theft from vehicles, and even auto accidents.

Now may be the best time to have us review your personal insurance in order to make sure you have the individual coverage you need.

Shopping Safety Tips

  • Always be aware of your surroundings.
  • Put your shopping bags in your trunk.
  • NEVER leave car doors unlocked or windows open.
  • ALWAYS park in lighted areas. Do NOT park in remote areas.
  • Shop with a friend.
  • Keep receipts in your wallet or purse.
  • Avoid carrying large amounts of cash.
  • As you return to your car, make sure to keep your car key in your hand.
  • If you make expensive purchases, like jewelry or guns, call our office, as we may need to add these to your policy.

Christmas Tree Safety (provided by the NFPA)

  • Make sure the tree is at least four feet away from any heat source, like fireplaces, radiators, candles, heat vents or lights.
  • Make sure the tree is not blocking any exit or door.
  • Add water to the tree stand daily.
  • Never use lit candles to decorate the tree.
  • Only used approved lights.
  • Connect no more than three strands of mini string sets and a maximum of 50 bulbs for screw-in bulbs
  • Replace any string of lights that has worn or broken cords or loose bulb connections.

Home Safety Tips

If you are planning a vacation during the holiday, here are few ideas to consider:

  • Get a security system.
  • Trim landscaping that is too close to your house.
  • Don’t advertise your vacation on social media.
  • Cancel mail and other deliveries.
  • Leave lights on when gone.
  • Have a neighbor check on your home.
  • Always lock your garden sheds and garages.
  • Use a variable light timer to activate lights inside your home.
  • Lock all doors and windows.
  • While you are gone, arrange for your lawn to be mowed.
  • Have adequate exterior lighting.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

We are a full service insurance agency representing individuals, families and businesses in the Kansas City area. We are licensed professionals who are not limited to placing your insurance with just one carrier. We have the flexibility to choose the insurance company that best serves your individual needs. Having choices is our advantage and it benefits our customers.

See which companies we represent.

 

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Posted by & filed under Auto Insurance, News and Announcements, Personal Insurance.

If you drive your personally owned auto for Uber, Lyft, or even a pizza delivery company, your personal auto insurance will not provide coverage should you be involved in an accident. Uber and Lyft do not provide the needed auto insurance coverage to protect you and your passengers.

This issue became very real in 2013 when an Uber driver hit and killed a 6 year old girl in San Francisco. The driver had only the state minimum auto liability limits of $30,000. The family sued both the driver and Uber. Uber does offer secondary coverage, but the driver must have a primary auto insurance policy in place.

There are a number of insurance companies now offering specific auto insurance coverage for ride sharing risks.

Here are a few tips for ride share drivers

  1. Purchase a separate policy with at least a $1,000,000 limit.
  2. Read any and all agreements so you know what your responsibilities are.
  3. Keep your vehicle is good working condition.
  4. Talk to your insurer before signing up and keep things on the up and up.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

We are a full service insurance agency representing individuals, families and businesses in the Kansas City area. We are licensed professionals who are not limited to placing your insurance with just one carrier. We have the flexibility to choose the insurance company that best serves your individual needs. Having choices is our advantage and it benefits our customers.

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Posted by & filed under Homeowner’s Insurance, News and Announcements, Personal Insurance, Safety.

A Homeowners Insurance Update

Your homeowners insurance covers many different kinds of risks including vandalism caused by trick-or-treaters.  Now may be a good time to have a free home insurance review.

In the next few days, we will be watching children scramble from house to house in search of the elusive Halloween treat.  However, keeping our kids safe as they are active on Halloween night is always a concern.  A little pre-planning can prevent unfortunate accidents that could turn out to be tragic.  Remember, your homeowner’s insurance will cover you in most cases should someone trip and fall on your premises.

Here are some pointers for ensuring your house is a safe place for trick-or-treaters on Oct. 31.

  • Consider providing healthy treats for trick-or-treaters such as low-calorie treats and drinks.  For your guests, offer a variety of fruits and vegetables.
  • Be sure walking areas and stairs are well-lit and free of obstacles that could cause someone to fall.
  • Keep candle-lit jack o’lanterns and luminaries away from doorsteps, walkways, landings, and curtains. Place them on sturdy tables, keep them out of the reach of pets and small children, and never leave them unattended.
  • Remind drivers to watch out for trick-or-treaters and to drive safely.

Safety Tips for Kids

  • Never, ever, go into a house.
  • Costumes should be short enough to prevent children from tripping and falling.
  • An adult or an older responsible child should always accompany young children. Even older children should go trick-or-treating with an adult, or in a group.  Never go out alone.
  • Only go to homes with a porch light on.
  • Plan costumes that are bright and reflective.
  • Do not eat homemade food.
  • Examine all candy. If it has been opened, toss it out.
  • Use a flashlight.

Safety Tips for Motorists

  • Watch for children walking on roadways, medians, and curbs.
  • Enter and exit driveways and alleys carefully.
  • Turn your lights on.
  • At twilight and later in the evening, watch for children in dark clothing.

Sources: http://www.nsc.org/, https://www.aap.org, https://www.cdc.gov

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

We are a full service insurance agency representing individuals, families and businesses in the Kansas City area. We are licensed professionals who are not limited to placing your insurance with just one carrier. We have the flexibility to choose the insurance company that best serves your individual needs. Having choices is our advantage and it benefits our customers.

See which companies we represent.

We are licensed in Kansas, Missouri and Nebraska.

 

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Posted by & filed under Commercial Insurance, Cyber Liability, News and Announcements.

A Professional Liability Update

You make decisions every day that can come back to bite you.  You may not think so, but in this day of litigiousness, your business may be at risk.  One way to manage your risk is to consider professional liability insurance. Professional liability, insurance is not just good business; it is as necessary as heat and lighting for your office.  Statutes, federal, and state laws change on a regular basis, so it is vital that your company protect its assets with professional liability insurance.

If you perform any of these services, you may need professional liability insurance

  • Provide any construction management
  • Provide advice to clients
  • Perform professional services
  • Advise client on how to save money
  • Provide advice on how to install equipment
  • Recommend any building code changes

Industries that typically need Professional Liability Insurance

  • Lawyers
  • Real estate professionals
  • Churches
  • Non Profits
  • Travel agents
  • Medical professionals
  • Funeral directors

The best thing you can do is call our office and have us provide you with a risk review, including coverage options.  Once you have had a chance to review coverage and pricing, then you can make an informed decision.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

 

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