How to Save Money on Your Auto Insurance

Posted under Auto Insurance, Homeowner’s Insurance, Safety.

PlatinumOne Insurance is always searching for ways to help our clients save money on their auto insurance. Saving money on auto insurance is a relatively quick way to lower the cost of operating your vehicle, and can be accomplished with a quick phone call to our office. There are many ways to lower your auto insurance costs without eliminating needed coverage. PlatinumOne Insurance has access to many competitive insurance markets giving you the advantage of shopping the market with just one call.

  • Use an independent agent to provide a quote. Call us today.
  • Many insurers offer discounts if you have some of the following features on your car; Anti-lock brakes, Airbags (driver/passenger, driver/passenger/rear seat, side impact, etc.) ,Automatic seat belts, Anti-theft device (active or passive), Daytime running lights.
  • Multi-vehicle discount (if you have more than one vehicle on the policy).
  • You can receive discounts if you combine your home and auto with the same carrier.
  • Good student discount.
  • Good driver discounts.
  • Consider raising your collision and comprehensive deductibles if your vehicles are older.
  • Customer loyalty- if you stay with a company for a period of time, you can receive discounts each year.
  • Maintain good credit. Credit scores have an impact on your premiums.
  • Drive safely and don’t get tickets.
  • Consider insurance when making your car purchase. Some vehicles are more expensive to insure.

PlatinumOne Insurance has access to many competitive insurance markets giving you the advantage of shopping the market with just one call.

The Top Ten Insurance Myths

Posted under Auto Insurance, Benefits of Being Independent, Commercial Insurance, Homeowner’s Insurance, Life Insurance, News and Announcements.

There are many insurance myths floating around, and most of them have been around for years. We want to respond to these myths with clear information, so that you can make educated decisions about your insurance purchases. At PlatinumOne Insurance we hope dispel these myths and help you make smart insurance decisions.

Myth One

Having two agents is better because they keep each other competitive.

Having two agents duplicates effort and can create coverage gaps and/or duplications. For example, there are certain coverage’s that can be included under a liability policy as well as under an auto policy. If you have two agents, who coordinates coverage? One agent is better able to manage your entire insurance program.

Myth Two

The lowest premium is the best option.

Premiums are determined by a combination of exposures and coverage. If you select the lowest premium you may be missing needed coverage.  For example, the lower premium may not include replacement cost coverage on buildings and equipment.

Myth Three

Buying from a national company is always better.

Don’t be mislead by entertaining advertising. Most national agents only represent one insurance company. They can’t shop your account to determine the best combination of price and coverage.

Myth Four

The internet is a great place to get good insurance deals.

Low cost internet insurance may allow you to select the coverage and limits you think you need, but in most cases you end up with a limited and inadequate program.  Typically, you may only realize these limitations after you have an uninsured claim.

Myth Five

Umbrella insurance is only for high net worth companies or individuals.

A small electrical contractor was at fault for the total loss of a historic property; a loss that exceeded his general liability policy. The contractor’s umbrella policy paid the loss in excess of $7,000,000. Umbrella or excess coverage is some of the least costly insurance you can buy. Don’t risk a big loss for a small expense.

Myth Six

The Medical Payment portion of my homeowners insurance will cover injuries to me and my family.

Medical Payments, is a feature of most standard home insurance policies. It is there to protect you in the event that someone other than you or your family (a neighbor, friend, etc) gets hurt on your property.

Myth Seven

All my guns and jewelry are atomically covered in my homeowner’s policy.

There are limits on the amount of coverage you can receive for valuables such as jewelry, guns, furs, etc. For example, most companies put a cap of $1,500 on total jewelry lost during a burglary of your home. If you find that your jewelry is valued over $1,500, you will have to schedule it separately.

Myth Eight

Flood insurance is only for people who live in a high risk area.

The only people who may not need flood insurance are those who live on top of a mountain. Flood and rising water can affect almost everyone.

Myth Nine

I don’t need disability insurance because I can get Social Security.

Don’t count on Social Security to take care of all your needs if you become disabled. If you are able to get Social Security benefits for your disability (not all get approved to receive disability benefits so don’t assume you will) then you will still have to wait months before you receive benefits.  Also, your disability needs to be long-term to qualify for these benefits.

Myth Ten

There isn’t anything I can do to manage my insurance costs except shop price.

There are many things you can do to reduce your premiums; here are a few:

  • Consider increasing your deductibles
  • Maintain good credit
  • Consider the vehicle when make a purchase, some are more expensive to insure
  • Add smoke and security alarms to your home or office
  • Ask us about the many different discounts offered by our insurers

Planning a Safe Vacation From PlatinumOne Insurance

Posted under Benefits of Being Independent, Homeowner’s Insurance, Safety.

Ah, travel is bliss; or we’d like to think so! We want our vacations to be perfect, and ticket mishaps, delays, and schedule changes are all problems none of us like to have happen. We want you to have a great vacation and return home safe. Whether you are planning a trip across the state, or across the world, we have some tips to keep you safe:

  • Create an itinerary and give it to a family member or close friend.
  • Put all emergency numbers in everyone’s cell phone.
  • Don’t carry a lot of cash.
  • Advise your credit card companies of your travel. They will see purchases outside your normal area and may place a hold on the cards.
  • To avoid problems when passing through security, keep medicines in their original, labeled containers.
  • Put your name, address, and telephone numbers outside, and inside, of each piece of luggage.
  • You don’t need all your credit cards and ID; leave those you will not be using at home.
  • Never wear anything that projects affluence; no gold chains, expensive watches, rings, luggage, or other paraphernalia.  It is best to leave your expensive jewelry at home.
  • Do not wear name tags in public.
  • At the hotel discuss basic emergency procedures with your children, such as what to do in case of a fire.
  • Park only in well-lit and well-traveled areas.
  • Let your neighbors know your plans.
  • If your plans include travel out of the country, check your health insurance, as there may be some limitations.
  • Purchase timers for lights in your home and place them in two or three rooms.
  • Have a family member or friend stop in to check your home out.

Enjoy your vacation and be safe!

Umbrella Insurance From PlatinumOne Insurance Agency

Posted under Auto Insurance, Commercial Insurance, Homeowner’s Insurance, News and Announcements.

The more your earning power and assets increase, the more you have at risk, and therefore, the more you need to protect. Kansas homeowners and automobile insurance provides a minimum limit of liability coverage.  An Umbrella policy from PlatinumOne Insurance Agency provides coverage above the limits of your “primary” home and auto policies.

Many people are unsure what an Umbrella policy is or what it covers. When you are outside and there is a light rain or breeze you generally don’t need or want an Umbrella. However, if it is pouring down rain with high winds, you need your umbrella. An Umbrella Insurance policy works much the same way. 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. A clear advantage of an Umbrella policy for Kansas residents is the coverage’s ability to “drop down” and fill in the gaps in underlying policies.

Here is an example; John Doe falls asleep while driving and hits a van with a family inside. The accident results in $600,000 of medical bills. John Doe had a policy with only a $500,000 limit, so now John Doe will have to come up with an additional $100,000 to satisfy the claim. If there had been an Umbrella policy in place, that policy would have paid the additional $100,000, not John Doe.

Certain lifestyle pursuits such as volunteering for nonprofits can increase your risk of being sued, necessitating the need for higher personal liability limits. Also if you own a boat, RV, motorcycle, or have a pool, you may way to consider higher limits. If you have a high net worth it is advisable to protect your assets with a personal Umbrella policy. The cost for a $1,000,000 or $5,000,000 is reasonable and well worth it.

Kansas Umbrella insurance policies provide broad coverage beyond traditional home and auto. They provide additional liability coverage above the limits of your Kansas homeowner’s, Kansas auto, and Kansas RV, or boat insurance policies.

Boating Safety Tips

Posted under Homeowner’s Insurance, Personal Insurance, Safety.

Warm weather sends many of us to the water to enjoy our watercraft, which brings us to the important topic of boating/watercraft safety.  According to the U.S. Coast Guard, 88 percent of reported fatalities in 2012 happened on boats where the driver had not received boating safety training. Here are some things to think about before you take your watercraft out:

Trip Pre Planning

  • Have a first aid kit and fire extinguisher on board.
  • Make sure your gas tanks are vented and bilges are free of vapors, oil, waste, and grease.
  • Carry Coast Guard approved life jackets.
  • Check your motor at least once per year.
  • View the hull for damage.
  • Consider taking a safety course.
  • We know you have a million things to do, but learning CPR should be on the top of the list. It will give you tremendous peace of mind.

 Watercraft Safety

  • Follow all safety rules.
  • Be aware of weather conditions.
  • Have operable boat lights – Always test boat lights before the boat leaves the dock and carry extra batteries.
  • Never allow passengers to ride on gunwales, seatbacks or outside of protective railings, including the front of a pontoon boat.  A sudden turn, stop or start could cause a fall overboard.
  • Follow speed laws around house boats and docks.
  • Know your boat’s capacity and how to properly load it. An overloaded or improperly loaded boat can cause safety problems.
  • Have a working marine radio on board at all times and know how to use it.
  • Ventilate after fueling. Open hatches, run the blower, and check for fuel fumes before starting the engine.
  • Infants and young children are at a higher risk for hypothermia, so if you are taking a baby on a boat, just take a few extra precautions to keep your baby warm.

PlatinumOne Insurance can provide you with competitive rates on all your watercraft needs, call us today.

Barbecue Safety Tips From PlatinumOne Insurance Agency

Posted under Homeowner’s Insurance, Safety, Uncategorized.

Fire up the grill, bring on the steak; it’s time to barbecue. This is something most of us do weekly. We want your barbecue experience to be fun and safe for the entire family. You might think you know all you need to know about barbecue safety and grilling, but why don’t you review this page, just to make sure.

On average, annually there are over 9,000 home fires directly related to barbecuing. According to the National Fire Prevention Association, in 2011 barbecuing was the cause of $80 million dollars in property damage and 16,000 people visiting the emergency room.

Follow these home safety tips from PlatinumOne Insurance Agency to help your barbecue experience go off without injury or damage:

General Safety

 

  • Never barbecue inside, in a garage, on the roof, or on a second story deck
  • Never leave your grill unattended
  • If you are using a charcoal grill, let the lighter fluid soak into the coals a few minutes before lighting them so that any vapors have time to evaporate. When you do light the coals, stand back
  • Open the grill lid before you light it
  • Don’t wear loose fitting clothing
  • Keep a fire extinguisher outside or close by
  • Make sure you use the grill 10 feet away from your house
  • Have a water source close to the barbecue
  • Don’t let raw meat sit out too long without being chilled or cooked
  • Always wash your hands before and after handling food
  • Don’t over indulge in alcohol while barbecuing
  • Let the grill cool down before you store or cover it

Gas Grills

  • Before having an LP cylinder filled, check it for dents, gouges, or other signs of disrepair
  • If you have a gas grill, make sure the connections from the propane tank to the grill are tight
  • Use porcelain rocks instead of lava rocks. Lava rocks are porous and can hold grease which can catch fire. They also make an uneven heating surface
  • When you turn off a gas grill, remember to turn off the propane tank too

Always make sure that the barbecue is in a safe place, where children and pets won’t touch or bump into it.  Remember that the barbecue will still be hot even after you finish cooking; anyone contacting a hot barbecue could be burned. Make sure your home owner’s policy is up to date.

Recreation Vehicles Insurance From PlatinumOne Insurance

Posted under Auto Insurance, Homeowner’s Insurance.

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If you own a Recreational vehicle, motorcycle or other toys, insurance coverage should be part of your thinking. Remember, they are not automatically covered under your current insurance program. Many State laws requires you to maintain liability coverage on your vehicle. Here is a schedule of insurance coverage you might consider:

Liability Insurance

Liability coverage, also known as “property damage/bodily injury”, can help cover expenses from damaging a vehicle or injuring a person in an accident. 

Collision coverage

Collision coverage helps pay for damage to your vehicle if you hit another vehicle, another vehicle hits you, or your vehicle rolls over. Collision coverage can be required if your vehicle is financed or leased.

Comprehensive coverage

Comprehensive insurance helps pay for damage to your vehicle not caused by collision. Examples include damage or loss due to theft, vandalism, falling objects, fire, storms, and flood.

Uninsured or underinsured coverage

This coverage helps pay for repairs if your RV is damaged in an accident by an underinsured, uninsured, or unidentified driver. It also helps pay medical costs.

Medical payments coverage

Medical payments coverage helps pay medical costs for you and your passengers in the event of an accident, regardless of who is at fault.

Rental reimbursement coverage

This coverage helps pay for your rental car or other transportation if the RV cannot be driven due to an at-fault accident or comprehensive claim. This is really important especially if you are out of town.

Towing and labor coverage

Towing and labor coverage reimburses you for towing charges if an insured vehicle is disabled. It also covers on-site assistance, such as battery jump-start, tire change, and locksmith services. We recommend this on all recreation vehicles. Contact PlatinumOne Insurance today for more information. PlatinumOne Insurance offers competitive pricing for all your RV, Boat, and Motorcycle needs.

Why Insure Your Boat or RV From PlatinumOne Insurance

Posted under Auto Insurance, Homeowner’s Insurance, News and Announcements.

If you own a boat, RV, or other recreational vehicles you should consider adding them to you insurance portfolio. They are not automatically covered, without notifying the insurance company. Here are a few reasons to consider adding your recreational vehicles to your policy:

1.  If the Boat or RV is not added to the policy you will not have coverage for bodily injury or damage to the RV itself.

2. If your RV breaks down on a trip and you need road side assistance or towing, the costs will be out of pocket if you don’t have the right insurance.

3. If you are in an accident you want a claims adjuster who understands RV’s and the unique issues around repairs and replacement. Having your boat or RV insured with an experienced insurer can help resolve claim issues quickly.

4. If your personal property is stolen out of your boat or RV, it won’t be covered without the right coverage.

An RV is your home when you’re away from home. Therefore, when choosing an RV insurance policy, you’ll want to consider coverage that protects you and your guests while traveling, as well as coverage that protects your vehicle when it is parked or stored. Your RV or boat should be enjoyed by family and friends without having to worry about suffering the financial consequences of an uninsured loss. Let PlatinumOne Insurance Agency take the worry away by providing insurance coverage for your boat and RV.

Identity Theft From PlatinumOne Insurance

Posted under Commercial Insurance, Homeowner’s Insurance, News and Announcements, Safety.

According to most experts identity theft is on the increase. Your identity is one of your most important assists. Violation of your identity is frightening and can be costly, but most consumers tell themselves it cannot happen to them.

Ben Weitzenkorn, a contributor to TechNewsDaily, reports, “Identity theft in the United States rose to a three-year high in 2012, with more than 5 percent of the adult population, or 12.6 million people, falling victim to such crimes, says a new survey. That’s up from 4.9 percent in 2011 and 4.35 percent in 2010.”  Here is another interesting fact. Over 24% of identity thefts occur from people you know.

Here are a few recent headlines that should catch your attention:

Miami Man Charged in $12 Million Identity Theft Tax Refund Fraud Scheme Involving Thousands of Fraudulently Obtained U.S. checks http://www.fbi.gov

2 men accused of identity theft ring on trial http://www.khon2.com

Seven charged with identity theft inside Davis County Jail  http://www.standard.net

Police arrest man for forgery, identity theft for cashing stolen checks http://www.whptv.com

Consider adding Identity Theft Insurance from PlatinumOne Insurance to your insurance policy.There are many things you can do to protect yourself from identity theft. Here are a few:

  1. Create a PIN that is not too easy to crack, i.e. don’t use “(yourname)123”
  2. Don’t give out your Social Security number to people you don’t know.
  3. Consider reducing the credit cards in your wallet. Only travel with what you need.
  4. Shred all financial statements before placing in trash.
  5. Check your credit report annually.
  6. Don’t put your birthday on your social media site.
  7. Be careful about opening links you find in emails, know the source.

Remember that just being aware of, and doing, these things can reduce the possibility of identity theft. Call PlatinumOne Insurance today for more information regarding Identity Theft.

Are My Recreation Vehicles Insured?

Posted under Auto Insurance, News and Announcements, Safety.

If you own a Recreational vehicle or boat, insurance coverage should be part of your thinking. Remember, recreation vehicles are not automatically covered under your current insurance program. PlatinumOne Insurance can offer competitive premiums on RV’s and boats, so make sure you call us today.

Many state laws require you to maintain liability coverage on your vehicle or boat.  Many RV owners leave their RV’s parked out in the open yard, leaving them susceptible to storm damage and possible theft. If your RV holds a great deal of value, make sure to purchase full coverage RV insurance to protect against a potential loss. Here is a schedule of insurance coverage you might consider:

Liability Insurance

Liability coverage, also known as “property damage/bodily injury”, can help cover expenses from damaging a vehicle or injuring a person in an accident. 

Collision coverage

Collision coverage helps pay for damage to your vehicle if you hit another vehicle, another vehicle hits you, or your vehicle rolls over. Collision coverage can be required if your vehicle is financed or leased.

Comprehensive coverage

Comprehensive insurance helps pay for damage to your vehicle not caused by collision. Examples include damage or loss due to theft, vandalism, falling objects, fire, storms, and flood.

Uninsured or underinsured coverage

This coverage helps pay for repairs if your RV is damaged in an accident by an underinsured, uninsured, or unidentified driver. It also helps pay medical costs.

Medical payments coverage

Medical payments coverage helps pay medical costs for you and your passengers in the event of an accident, regardless of who is at fault.

Rental reimbursement coverage

This coverage helps pay for your rental car or other transportation if your RV cannot be driven due to an at-fault accident or comprehensive claim. This is really important especially if you are out of town.

Towing and labor coverage

Towing and labor coverage reimburses you for towing charges if an insured vehicle is disabled. It also covers on-site assistance, such as battery jump-start, tire change, and locksmith services. We recommend this on all recreation vehicles.