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.

Employment Practice Liability Insurance

Posted under Commercial Insurance, News and Announcements, Safety.

If you have employees, you are exposed to employment liability claims. Employees know their rights and it is time for all employers to be more informed about how to protect their company. Legislation such as the Family Medical Leave Act and the Americans With Disabilities Act, plus a growing number of job-related lawsuits and claims, have created the need for business owners to consider a type of insurance known as employment practices liability insurance, or EPLI. An Employment Practice Liability Insurance policy offers insurance protection against claims and lawsuits that are brought against a business, its officers or directors, or its employees and managers.

Claims can be broken down into the following categories:

  • Harassment
  • Wrongful Termination
  • Breach of employment contract
  • Discrimination
  • Invasion of Privacy
  • Compensation Issues
  • Employee Benefits Administration

In today’s world employers can no longer assume all employment relationships will go smoothly. Finding a suitable Employment Practices Liability Insurance program has become one of the single most important things owners and managers can do.

Ten Reasons To Have EPLI Coverage

  1. General liability policies don’t cover this exposure
  2. Wage and hour claims have tripled since 1997
  3. Over 60% of claims come from former employees
  4. 40% of claims involve firms with 50 employees or less
  5. The average cost to defend an EPLI claim is $150,000
  6. 47% of verdicts are between $100,000 and $500,000
  7. EEOC recorded over 93,000 complaints in 2011
  8. Claims can come from vendors and even clients
  9. The financial ramifications can cripple your firm
  10. Coverage is very affordable and easy to obtain

Contact PlatinumOne Insurance Agency for a free review of your insurance program. We have access to many competitive programs and will be happy to provide you with a quote.

The Importance of Documenting Your Property

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

If you have a fire or burglary in your home you would expect the insurance company to repair and or replace your lost and damaged items. Would you be able to remember every item you have accumulated over the years if they were all gone? If your home is damaged, or totally lost due to a fire or other event, having a home inventory will help you recover all your personal property with the least amount of time and stress. Having a home inventory is the easiest and best way to manage insurance claims after a disaster or loss. This also expedites the claim process, making it easier to be paid.

Creating a personal home inventory helps in calculating how much your personal property is worth. Knowing this ensures you have an accurate value. If you have too little coverage, you would not have enough funds to replace lost property; and if you have too much coverage, you are paying higher premiums than you need to. Here are a few more reasons to develop a home inventory:

  • It helps settle claims accurately and promptly
  • It provides required documentation of ownership and value
  • It helps with estate documentation
  • It preserves your heritage

Documenting important valuables such as rings, watches, jewelry, guns, and cameras should be part of your plan. In most cases some high end valuables are subject to limitations unless they are scheduled. Scheduling these items insured you will have the correct value in the event of a loss.

Additional Tips:

The best way to start your home inventory list is to go room by room. Take on three rooms per day, and you will be done in no time. Send a copy of your personal home inventory to our office; we would be happy to keep the written records as back-up for you.

Christmas Tree Safety

Posted under Homeowner’s Insurance, Safety.

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According to the US Fire Administration over 400 homes are destroyed annually by causes related to Christmas tree fires. PlatinumOne Insurance offers competitive rates on homeowners insurance that would cover accidental damage due to Christmas tree fires. Here are a few good reminders to help you enjoy the holiday:

  1. Keep your Christmas tree well watered. Refilling the water every day will help it last about two to three weeks.
  2. Check the tree for freshness before buying. A freshly cut tree will have a sticky trunk and the needles will not fall off if touched.
  3. Set your tree away from heat vents and the fireplace. Heated air just dries out a tree, and one shooting spark can cause a disaster.
  4. Inspect the lights. Check for exposed or worn wires, as well as broken sockets.
  5. Turn off the lights at night; use a timer if needed.
  6. Do not burn the tree in your fireplace.
  7. Do not overload the electrical circuits.
  8. Take your tree down the first of January.

Enjoy the holiday, and thank you for selecting PlatinumOne Insurance. We look forward to serving you for years to come.

 

Why You Need Replacement Cost Coverage

Posted under Uncategorized.

Your home is your single most important investment. You purchase insurance to cover unforeseen disasters such as fire, theft and water damage. Having the right insurance will give you the added comfort of knowing you can replace your home and personal belongings should a disaster happen.

PlatinumOne Insurance Agency always recommends you have replacement cost coverage on your home and personal property. Replacement Cost Insurance pays to repair or replace damaged property with like kind and quality, without deducting for depreciation, but limited by the maximum dollar amount shown on the declarations page of the policy. Replacement Cost is not the same as market value, which reflects your homes purchase price if sold. A home’s market value is influenced by things such as neighborhood desirability, local economic conditions, quality of school systems, tax rates, community services, and land value.

Building contractors or professional replacement cost appraisers are a good source for obtaining an estimated replacement cost of your home. Estimates from these sources should reflect your home’s features. PlatinumOne Insurance Agency, along with our insurance partners, can also help you determine a replacement value on your home. Keeping up with the current market conditions in your area and changing your coverage amount accordingly, will help you maintain replacement cost coverage for your home.

The cost of your insurance depends on the coverage you need and any discounts available to you. By insuring your home in combination with personal property, liability, vehicle and other insurance needs, you can save money.

Is My Daughter’s Wedding Covered?

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

There is no doubt a wedding is one of the most important events in the life of a family. For many brides and grooms, there are months of planning in anticipation of the big event. The average amount spent in the US on a wedding in 2011 was $18,500. Shouldn’t you consider protecting that kind of investment? Even if you spend less than the national average, it is still a lot of money.  Just some of the many wedding expenses include the venue, wedding planner, band and DJ, photographer, florist, videographer, dress, cake, ceremony site, musicians, invitations, limousine, favors, rehearsal dinner and engagement ring.

PlatinumOne Insurance has a solution to protect your investment. Wedding Event Insurance is available and affordable.  With Wedding Event Insurance you can rest easy knowing that you are protected from the unforeseen events that could ruin your day. There are two important elements included in Wedding Event Insurance:

  1. Wedding Cancellation Insurance
  2. Wedding Liability Insurance

Wedding Cancellation Insurance provides reimbursement for lost deposits if the event is postponed or cancelled. For example, your winter wedding has to be postponed due to the weather, or the father of the bride in involved in an auto accident and can’t travel. Some venues may provide a limited amount of insurance, but it won’t cover protection for cancellation.

Wedding Liability Insurance provides protection from accident or injury to guests or other third parties. For example, you are having a wedding at a park and a guest trips or falls causing injury.

Wedding Event Insurance does not cover a change of heart, or loss of jewelry.

PlatinumOne Insurance has access to a number of programs and markets for Wedding Event Insurance.

Premiums can run as low as a few hundred dollars.  You have put so much of your time, money, and heart into your wedding, let PlatinumOne Insurance protect your lifelong investment.

Home Winterization Tips

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

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Now that fall is here, it is important to begin preparing for winter weather. At PlatinumOne Insurance we would like to offer you a few winter weatherization tips to keep you out of harm’s way. We offer broad form homeowners policies to keep you protected from damage resulting from storms, and many other winter related occurrences.

Have an Emergency Kit Ready– An emergency kit is simply a collection of basic items your household may need in the event of an emergency.  Include the    following in your kit: water, flash lights and batteries, first aid kit, whistles to signal for help, basic tools, manual can opener, small supply of non-perishable food, radio, candles, lighter, blankets and rope.

Check All Alarms– This is a great time to check the operation of, and change the batteries in, your home’s smoke detectors.

Check & Wrap Pipes– If you live in areas where temperatures get blow freezing, make sure you turn off all outside water and drain sprinkler pipes. Cover hose bibs to prevent freezing. Search for any unwrapped pipes in the basement or crawl space.

Check Furnace– Turn your furnace on now, to make sure it’s properly working before the coldest weather descends.  A strong, odd, short-lasting smell is natural when firing up the furnace for the first time in the fall.  If the smell lasts a long time, shut down the furnace and call a professional.

Check Heat Ducts– If you have central heating it is a good idea to check all ducts to make sure there is no heat loss.

Clean Gutters– Clogged gutters can create water problems, so get them cleaned now while the weather is still good.

Check for Air Leaks– Walk around your home and look for any areas that might allow air to enter the home. Check the caulk around windows as well. Even if it’s a small crack, it’s worth sealing up.

Flip the Switch on Your Ceiling Fan– This is a great way to circulate the hot air back down into the room.

Clean Wood Stoves & Chimneys– Inspect the fireplace damper for proper opening and closing and be sure flues are cleaned regularly.

Check Landscaping– Make sure trees are not hanging too close to your home.  If so, prune back to prevent trees or limbs from falling onto your home.

Snow Removal Equipment– Check all your snow removal equipment to ensure it is in good working order.