dee barnett, Author at Atlanta Insurance

Will Atlanta car insurance cover a cracked windshield?

August 15, 2019December 18, 2018 by dee barnett

If you have a cracked windshield, it's important to get it repaired.

Whether it’s a tink or a thump, it can be annoying at the very least to have a cracked windshield. “Whatever,” you may think, “it’s just a little crack. What’s the harm in leaving it there?”

Thinking about the unexpected time it will take to repair the windshield and the cost of getting your windshield repaired or replaced can be one big headache. Plus, it can be tough knowing where to start to get your glass repaired. Here are some of the biggest questions you’ll need to ask yourself if your windshield is cracked.

If there’s a small crack in my windshield, should I get it repaired?

In short, yes.

Even if it’s just a tiny chip in your windshield, that nick can quickly transform into something more. Whether another rock hits your windshield or you run over something, another impact could cause that crack to spread or shatter a part of your windshield. Even running over a speed bump, a road plate, or a pothole could make a chip or tiny crack ten times worse.

Other than being an eyesore, your windshield can be responsible for up to 60 percent of your car’s structural integrity. Additionally, the larger the crack is, the more money it’s going to take to repair in the long run. You could even end up paying to replace the entire windshield if the crack gets too big. So, it’s probably just better to nip the problem in the bud.

Does my windshield need to be repaired or replaced?

There are three main factors that will determine whether your cracked windshield will need a quick repair or a replacement. You’ll need a full replacement if:

The length of the entire crack is more than 6 inches long. (It depends on the company you use, but this is usually the standard that glass repairers use. Anything larger can still severely impact the structural integrity of the vehicle if it’s simply repaired.)
The damage is close to the edge of your windshield. (Again, cracks that are located close to or on the edge of your windshield are compromising the structural integrity of the car and are probably a lot deeper than a surface crack.)
The driver’s line of sight is obscured by the damage. (Even with all of the repair technology out there, the resin that is used to repair a windshield may still warp the glass slightly, which is something that you don’t want as a distraction while driving.)

Otherwise, you should be in the clear to have your windshield repaired! If you have the repair done by a reputable glass repair company, repairing your car’s glass shouldn’t be that expensive or time-consuming. Rather than replacing a piece of glass, windshield repair companies use a special resin that works with the properties of the glass, which is made to splinter into extremely fine cracks on impact.

Will my car insurance cover a windshield replacement?

So, maybe you do fall into one of the categories we mentioned. Great. Now you have to pay to have an entire cracked windshield replaced and installed. Or do you? Can Atlanta car insurance cover a cracked windshield?

If you have comprehensive car insurance, more than likely, you can be covered for the cost of replacing your windshield. Unlike collision coverage that covers damages to your car due to you hitting another car, comprehensive coverage can help you handle losses not caused by a crash (i.e. fire, vandalism, burglary, falling objects, car theft, and animal strikes).

However, it’s important to take a look at your plan’s declarations page and the amount of your deductible to make sure that your insurance will actually help you cover the costs. If your deductible is more than the cost of the new windshield and you haven’t met that amount, you may still have to pay for the windshield out-of-pocket. Some states allow the deductible to be waived in the case of glass damage, but unfortunately, Georgia is not one of those states.

What company should I choose to replace my windshield?

Just like any other business, you want to make sure that you do your research. Simply going to a major retailer doesn’t necessarily mean that the company is the best fit for you. Here are some things to consider when you’re looking for a company to replace or repair your cracked windshield.

Do they have good reviews? – Places like Google and Angie’s List can be extremely helpful when finding feedback on a business’s service quality.
Are they a reputable business? – The Better Business Bureau’s website will usually have information, ratings, and any formal complaints listed for a legitimate repair business.
Do they have warranties for their work? – Most reputable glass repair services will warranty or guarantee their work for 90 days at least.
What is their employee training like?

Is the company certified by the National Windshield Repair Association (NWRA)?

What kind of tools do the employees use/wear when working on your windshield?

What kind of adhesive do they use?

These are just some of the things to keep in mind when looking for a windshield repair company, whether they’re a major retailer or not. You may also want to ask your insurance carrier if they have any preferred providers for windshield repair, even if you haven’t met your deductible.

So, there we are! Not a lot of people know that their car insurance can help cover this type of damage because it just seems like a cosmetic issue. However, if you want to keep your car sturdy, any damages to your windshield should be addressed as soon as possible through a reputable repair service.

And to find the perfect insurance coverage for anything that you and your vehicle are up against, our agents are the professionals at finding the best car insurance for your particular area and situation for low rates! Call 404.352.0304 or fill out our online form to get free quotes on Atlanta car insurance and find out how much you can save.

Source:

https://info.glass.com/repair-or-replace-my-windshield/

https://www.insurancejournal.com/magazines/mag-features/2012/07/02/253290.htm

Autonomous cars and auto insurance: What’s going to happen?

December 18, 2018December 13, 2018 by dee barnett

Autonomous cars could have huge effects on car insurance.

Everyone knows that one of the newest innovations with the brightest of futures is the self-driving car. Many car manufacturers have already delved into the arena of self-parking cars and cars with automatic braking systems. However, what happens when this same technology can actually take you from place to place? And how does it affect the world of car insurance? How does a company insure a car that doesn’t have a driver? How will insurance companies assess the risks of a self-driving car? We’ll look at some of the risks that autonomous vehicles present and some of the effects they could have.

How could autonomous cars affect auto insurance?

Lower car insurance rates.

Insurance premiums could drop because of autonomous cars since they eliminate human error. The National Highway Traffic Safety Administration (NHTSA) reports that 94 percent of accidents are caused by the error of the driver. So, by removing a significant part of the risk, insurers could charge lower rates because the carrier (theoretically) won’t have to pay various, expensive claims for accidents.

Additionally, since autonomous vehicles decrease the number of accidents and traffic on the roads, it’s predicted that more people will opt out of owning a private vehicle and opt for autonomous ride-sharing services (especially in cities) for the sake of convenience.

Think about it: if you’re not driving a car, and your neighbor isn’t driving a car, and you’re both going to the same place, the odds that both of you would pay thousands of dollars for something you’re simply riding in is probably slim. This means that there are (presumably) fewer cars on the road, which of course, means less risk as well.

Passing the buck: Shifts in liability.

Even though autonomous cars take human error out of the equation, there are still opportunities for the vehicle to wreck. The unfortunate fact of the matter is that brakes fail, technology shorts, and systems fall short. But if no person is driving the vehicle, who’s to blame for the accident? More importantly, who helps pay for the car and the injury to the other car’s passengers?

With the rise of programs like Uber and Lyft and the lessened likelihood of a person actually owning the car, the answer would the car manufacturer or the business that owns the car. But since the entity “at fault” for the accident is a company, the insurance coverage would look a little different. According to Insurance Journal, instead of the liability, collision, and comprehensive insurance that normal drivers would insure their cars with, self-driving vehicles would need:

Product Liability Insurance

The fact stands that technology is not yet foolproof. So, what happens when the hardware you’re depending on for travel short circuits or shuts down unexpectedly or its memory gets overwhelmed?

They’re all things that will have to be handled by product liability for the car itself instead of liability for an individual driver. It can help cover the costs that may arise from bodily injury, negligence, and property damaged due to a product the vehicle product, not a specific operator.

Cyber Liability Insurance

Unfortunately, one of the darker sides to autonomous vehicles is that outside parties can still find their way into the software, redirecting the car for nefarious purposes or causing a crash. That’s right – we’re talking about hackers. Though many car manufacturers take great care in creating protection for autonomous car software, they’ll still need cyber liability to help cover damages if a vehicle has fallen victim to a hacker.

Of course, businesses would still benefit from BOPs, commercial liability, and other types of insurance that can protect them as an entity. Still, these are the two main types of coverage that insurance companies could see a spike in if and when self-driving cars are more common.

More Accurate Claims.

When accidents happen in an instant, the amount and severity of a claim really depend on witnesses and the drivers involved. Even authority figures that report to the scene can only deduce what happened from the layout presented to them. So, some claims can be escalated or fault can be wrongly assigned. With autonomous cars, there are tons of cameras and sensors that can give information to responders and insurance companies to properly assign fault and determine if a driver was at fault or which vehicle malfunctioned.

This results in less faulty claims and can streamline the claims system of insurance companies so that they can quickly issue payouts if an accident does still happen.

Opportunities in Government.

Autonomous vehicles won’t just expand an insurer’s opportunity to get in on the ride-sharing space. They may also have the opportunity to work with the government on infrastructure. In order to drive safely, autonomous technology must be able to sense and recognize buildings, other cars, road systems, traffic lights, and a number of other factors that long-time drivers take into account in a matter of seconds.

So, the autonomous cars won’t be the only ones that will need sensors. Certain buildings, crosswalks, and other types of infrastructure will need ways to communicate with the car. These sensors, along with the communication devices on other cars will need to be insured for software bugs, errors in communication, and wear of the system over time.

Preparing for Autonomous Cars

Overall, self-driving cars don’t seem to be that big of a threat to the insurance industry as a whole. If anything, the rise of these autonomous vehicles may help carriers. Less human error means significantly lessened risks and fewer payouts from claims. Insuring businesses and corporations instead of individuals means more revenue than personal auto insurance plans currently generate. Plus, according to the Harvard Business Review, the new lines of insurance that would grow from this need could generate more than $81 billion by 2026.

However, there are some adjustments that have to be made to truly profit from this shift. Actuaries (the people who determine exactly how much risk it would be to cover an entity) will have to adjust their models for assessing the risk of the software behind self-driving cars. Carriers will need to collaborate more heavily with governments, safety organizations, communication businesses, and software companies to effectively manage the risks of self-driving vehicles.

Carriers should also start to consider new business models to deal with the increase in business insurance to cover these cars. Plus, insurance companies that focus more on personal lines will need to consider more flexible business models for the potential drop in necessary personal auto insurance.

If insurers consider the benefits of adapting to the business of autonomous cars instead of fighting against it, there could be mutual benefits for everyone involved – including current drivers and future passengers.

But in the meantime, if you’re looking for Atlanta car insurance we can help. Our team can help you find great coverage at a great rate – we’d like to help you save money on car insurance. You can get in touch with us by filling out our online quote form or giving us a call today.

Sources:

https://hbr.org/2017/12/driverless-cars-will-change-auto-insurance-heres-how-insurers-can-adapt

https://www.washingtonpost.com/news/wonk/wp/2013/09/24/heres-how-self-driving-cars-could-clear-up-traffic-jams/?utm_term=.59a9440ba925

https://www.insurancejournal.com/magazines/mag-features/2018/12/03/510344.htm

7 tips for driving at night and your winter commute in Atlanta

December 18, 2018December 11, 2018 by dee barnett

Take care when you're night driving or when you're on the way home from work.

You may have noticed that you’re driving a bit more in the dark for your morning and afternoon commutes. Fall Daylight Savings Time can bring a little extra time to sleep in, but it can also help the night (and the sun) sneak up on you during your morning and afternoon drives. Here are 7 tips to keep in mind on your winter commute, whether you’re driving off into the sunset or into the night.

Tips for driving at night and commuting in winter.

1. Keep some sunglasses handy.

Your parents may have told you not to look into the sun. However, with 7 a.m. sunrises and sunsets at 5:30 p.m., that can prove rather difficult. Your sun visors can only cover so much windshield real estate. So, if your commute takes you east in the morning and to west in the afternoon, it’ll be a pretty good idea to keep some sunglasses in your overhead or glove compartment.

Polarized sunglasses will be best since they cut down the amount of glare dispersed around your windshield. However, anything that can provide eye protection from the sun’s rays is going to be better than nothing.

2. When using your headlights – Monkey See, Monkey Do.

It’s a good rule of thumb when turning on your headlights to observe your surroundings. Do a lot of other drivers have their headlights on? If so, it’s probably a good idea to turn yours on too. Your eyes might have an easier time adjusting to darkening road conditions, but it’s important to remember that your lights are also to let other drivers see you. Plus, with newer cars having automatic headlights, the lights of other cars can be a great tell-tale signal that it’s the recommended time of day to have them on.

3. Don’t use your brights!

Your high beams may help you see a lot farther than your normal lights, but they’re blinding to a lot of the drivers around you. High-beam lights, or “brights,” are really only meant to be used when driving in rural areas and on open highways that are NOT in metro areas. In fact, the Department of Driver Services states that you should not use bright headlights when:

You’re within 500 ft. of another vehicle.
You’re driving on a lighted road.
You’re driving in rain, fog, snow, or smoke.
Your vision is reduced to less than 200 ft.

If you’re having trouble seeing the road ahead, it’s okay to wait in your car before pulling out of your parking space to let your eyes adjust. If you still have trouble seeing at night, there are certain types of glasses specifically made for night driving. You may be able to find them at your local sunglass store, on Amazon, or through your eye doctor.

4. Remember your signal lights.

When you’re in low visibility (or driving at night), it can be hard to see how another driver is maneuvering. So, make sure that your blinkers are working properly and that you use them to signal when you change lanes or when you’re making a turn. Give yourself enough time for the cars around you to make room for your car, then move your car once you have adequate space to make your lane change or turn. Also, if you see another driver with their signal on, make sure to give them enough time and room to turn or merge by gradually slowing down to a safe speed that allows them to maneuver their vehicle.

5. Follow the leader, but not too closely!

An object in motion tends to stay in motion. It’s not just a fun factoid from your high school science class, it’s also a little detail that can cause a car crash if you’re following another car too closely. When you’re traveling at high speeds, your car wants to keep moving forward, regardless of if you’re applying the brakes (which is why you may fall forward a bit when you stop at a stop light.)

Think about it – there’s a lot that goes into stopping a car, especially when you’re behind another driver. You have to allow time to register the other driver’s stop, move your foot from the gas to the brake, apply enough pressure to stop the car, and then wait for the car to actually stop. During the night or lower-lit conditions, your perception and visibility are lessened, which makes this process take even longer. Even if this interaction only takes a few seconds, not allowing enough space for all of this time to pass will usually slam you straight in the middle of an accident. (And remember, your driving record is one of the factors that affect your Atlanta insurance rates.)

So, what’s the easy fix? Give yourself a little space! You’ll have plenty of distance to maneuver safely in traffic, and the driver in front of you may actually go faster because they’re not blinded by your headlights in their rearview mirrors.

6. Keep Your Windows Squeaky Clean!

The same way that the tiny bulbs in your headlights and taillights can light up your way home is the same way that the lights of other vehicles can completely hinder your driving. Dirty, smudgy windows can help light disperse across your windshield, making it too bright to see the road ahead. Smudges can also warp the vision through your windshield, and dirt can create new blind spots altogether.

It may be tempting to skip the car wash since they’re less pollen and dust in the air, but giving your windshield a wipe-down in the winter can help a lot when you’re dealing with lower visibility (like when you’re night driving.)

7. Don’t fight the weather

With all of the snow forecasts turning into rain, it can be difficult to tell what the weather conditions will be on your drive home. However, whether you’re caught driving in the rain, sleet, ice, or snow, it’s important not to fight the weather (especially if night driving is involved.) If you don’t feel safe getting or staying on the road, trust your gut! It’s better to be a little late to your destination than to put yourself or others in danger if you have trouble seeing, maneuvering, or driving in stormy weather. Pull over to the side of the road, put your hazard lights on, and wait out the storm. (And don’t forget to get your car ready for winter before the weather gets really cold!)

Remember, it’s important to keep yourself safe behind the wheel of the car by being aware of other drivers. The thought of getting home and finally relaxing after a long day can put you in a bit of a hurry. However, if you’re driving at night, taking extra caution and being even more aware of your surroundings can be a great help in reducing accidents and getting home safely.

In a worst-case scenario, though, it’s important to have the right Atlanta car insurance for your day and night driving needs. And we can help you get great rates! Call our agents today to find out how you can save money on car insurance, or just fill out our online form to start getting affordable rates on car insurance in Atlanta.

Source:

http://www.eregulations.com/wp-content/uploads/2018/07/18GADM-LR.pdf

Online shopping tips to protect yourself during the holiday season

August 17, 2020December 6, 2018 by dee barnett

Prevent identity theft while you're online shopping.

From cyber-attacks to phishing scams to scammers, there are tons of ways that your information could be compromised during the holiday season. Just as holiday shopping has evolved a lot over the years, so have thieves evolved into hackers. As technologically savvy as you are when shopping for online deals, scammers have become even savvier on ways to steal your personal data. So, ’tis the season to start protecting yourself from cyber-attacks! Here are 9 tips on how you can protect your information and prevent identity theft while you’re online shopping for that special someone.

How to protect your identity while shopping online.

1. Fuel Your Firewall

This is something you should keep an eye on year-round, but it’s especially important to make sure you have a strong computer security system. One of the first things that hackers look for when stealing information are holes or weak points in your firewalls so that they can use malware to sneak a peek into all of those card numbers you’re putting into websites.

There are 4 ways that hackers are usually able to get personal information:

Viruses – programs that can negatively change or remove computer software.
Trojans – programs that can create backdoors in your security systems by disguising itself as or inside of a legitimate software. These programs are some of the ones that watch your online activity.
Spyware – programs that hide in the background of your computer or browser and, well, spy on you. It can record your online activity, keystrokes, passwords, chats, card numbers, and even use your webcam and microphone.
Keyloggers – a less invasive type of spyware, but still a program that can record exactly what you type and exactly where you type it.

So, how do you protect yourself? Make sure your firewall and computer operating systems are up to date before doing any online shopping. If your computer systems are current, they’ll more than likely be able to catch, alert you to, and delete any potential threats from websites, pop-ups, or downloads.

2. Keep Track of When & Where You’re Using Your Card

When you’re buying for a lot of friends and family, it can be easy to use different cards for different purchases so that all of your spending is spread out evenly. Just make sure that when you’re using different payment methods, keep a mental or physical tab of which websites you’re using your card on and even which gift you purchased on that card. If your data is compromised, keeping track of that info can make pinpointing the perp a whole lot easier.

3. Use a Secure URL

Most internet browsers and websites have made it a lot easier for users and consumers to keep their websites secure. Secure websites are one of the ways that webmasters are keeping the web safe. See that little “s” at the end of the HTTP in your website’s URL? That extra letter, combined with the padlock symbol before it, means that the website you’re on is located on a secure connection.

4. Know how your bank handles fraud cases.

Do a bit of research on your bank and how they handle suspicious charges. Do they alert you? When do they alert you? How do they alert you? Do they have you set up travel notices? If you are the victim of fraud or stolen identities, is there a hotline to call? How responsive is your bank? How do they handle the stolen funds? How will they handle your account and cards connected to that account? What is their customer service like? Are they able to stop the charge or get your money back? How are they protecting you now and in the future?

These are some of the vital questions you should know about your bank’s fraud process. You should also make a mental note of the steps you’ll need to take in your bank’s fraud process to make your case as smooth as possible.

5. Do Your Research!

If you don’t know or haven’t purchased from a retailer or their site before, check out their reputation. You can do a quick Google search for the retailer’s name + scam, look for online reviews, or search the shop in the Better Business Bureau’s (BBB) website.

6. Check your Wi-Fi.

Think about it – password protecting your internet connection at least puts an extra obstacle in front of a hacker. Without that protection, your Wi-Fi connection can be an open gate for a hacker to put all kinds of icky stuff onto your computer. Make sure your Wi-fi is safe and protected.

7. Know you can walk away.

Finding an online shopping website can be very similar to finding the perfect gift. If you’re not sure about it, don’t buy (from) it. If a link, ad, or website looks sketchy, it probably is. If the price on a perfect gift is too good to be true, it probably is. If you feel like a website is asking for more than the required amount of information for a purchase, it’s fine to go elsewhere. The internet is filled with tons of retail websites. So, more than likely, you’ll be able to find the same thing from a different, reputable seller.

If you’re looking for Atlanta home insurance quotes, we can help. Our agents can help you get quotes for your insurance so you can get the coverage you need to protect yourself from risk – and save money on home insurance. You can give us a call or fill out our online quote form.

Sources:

https://economictimes.indiatimes.com/tech/internet/internet-security-101-six-ways-hackers-can-attack-you-and-how-to-stay-safe/articleshow/61342742.cms

https://www.instantssl.com/ssl-certificate-products/https.html

https://www.idtheftcenter.org/cyber-monday-is-critical-id-theft-day/

Atlanta home insurance terms to know

August 27, 2019November 29, 2018 by dee barnett

Check out these helpful home insurance terms.

Buying a new home can be a scary prospect. Sure, it’s great to finally have a place to call your own, but you want to make sure that everything is protected. In fact, most mortgage lenders will want you to have proof of home insurance before you buy the house. So, how do you know what types of coverage you need? How do you know you’re not being gypped? What do all of those words floating around the home insurance space mean? Here’s are 7 basic home insurance terms to help get you started.

What is a Premium?

Of all the home insurance terms in our list, this one may be the one you’re most concerned with. Your home insurance premium is the amount you have to pay monthly just to have insurance coverage. Some premiums may seem a bit expensive, but your monthly payment amount usually depends on the amount of your deductible as well (more on that in a minute). It also depends on a few factors about your home, such as:

Location
The amount it will take to replace your home (again, more on this later)
Your claims history
Your credit score
The age of your home
How close you are to a fire department (nope – we’re not kidding.)
Your roof (still not kidding)
If you have a pool or a trampoline

What is a Deductible?

The deductible for your homeowners’ policy is the amount that you’ll have to pay out of your pocket before your carrier will start covering your claim.

But wait, why am I paying for insurance if I still have to pay for the damages to my house?

Say a tree falls onto your roof, and the combined cost to fix your roof and remove the tree is $8,000, BUT your deductible is only $1,500. Yes, you would have to pay the full $1,500 deductible for the first part of the repairs, but you won’t have to pay for the other $6,500 (which is pretty nice!).

When talking about how your deductible relates to your premium – it’s a bit of a balancing act. Usually, if you have a high premium, you’ll have a lower deductible; and if you have a high deductible, you’ll usually have a lower premium.

This is because your insurance company assumes that you’re willing to take on smaller issues yourself and leave the bigger stuff to them, instead of filing a claim for each little thing. For example, if you have a $1,600 claim and your deductible is $1,500, you’re more than likely just going to foot the cost of the bill instead of processing it through your insurance.

What is My Declarations Page?

I do declare! – that your declarations page is the general summary of what your homeowner’s insurance policy covers. It tells you the who, what, when, and why something is covered, from structures on your property to the belongings inside. However, your declarations page only offers a general idea of what your insurance covers. If you want to take a deep dive into your entire policy, you’ll have to look at your Insuring Agreement (which is next on our list of home insurance terms.)

What is an Insuring Agreement?

The insuring agreement of a homeowner’s policy is the more detailed list of the ways your coverage can handle losses. For instance, your declarations page may tell you that your policy can help cover storm damages, but your insuring agreement may outline certain types of storms that are covered. In this example, the types of storms listed would be considered a “peril.”

What is a Home Insurance Peril?

A peril in insurance terms is simply anything that can cause damage to your home. Perils will usually be natural disasters, but they can be anything that is making you file a home insurance claim. It’s important to take the definition of “peril” seriously, though. Filing a bunch of home insurance claims for small damages to your home, like a single broken pipe that’s didn’t cause any larger damages, can raise your rates when you renew.

There are two main types of perils plans that can be a part of your homeowners’ policy: Named Perils and Open Perils. Named perils policies can help you repair or replace items and fixtures in your house, but only for the perils specifically listed in your home insurance policy. Usually, named perils policies can help you cover damages due to:

Fire
Windstorms
Lightning
Rain damage
Vandalism
Theft
Explosions
Riots
Vehicles & Aircrafts

However, named perils policies usually don’t list and won’t cover things like flood and earthquake damage. For those types of damages, you could either add an endorsement to your policy, or you could opt for an open perils policy.

Open perils policies can help you cover the repair or replacement costs of your belongings in any perilous event, as long as it doesn’t explicitly exclude that event. For example, say your home is a part of the Marvel universe and the Hulk happened to smash through your walls. If you have an open perils policy, your insurance plan can help you pay to repair your home if superhero damage isn’t specifically listed as something that your carrier won’t cover.

What is ACV or RCV?

When replacing the items in your home, your policy will either cover it for ACV or RCV.

ACV stands for Actual Cash Value, which means that your insurance can help reimburse you for the value of the items at the time of the loss – meaning that you would get the depreciated value of the items. For example, say you bought an oven 5 years ago for $900, and it was damaged by a covered peril. An ACV plan could only reimburse you for $500 because the value of the oven has depreciated since you’ve been using it.

RCV stands for Replacement Cost Value, which means that your insurance could reimburse you for the cost of replacing the items you lost at today’s prices. So, you would be able to replace that oven you lost without having to worry about how much your original oven depreciated in value.

What is an insurance endorsement/rider?

In the insurance world, an endorsement or rider is just a fancy name for a plan add-on. They’re pretty handy if you want to increase your coverage or add something on to your insurance policy, but you don’t actually want to increase the entirety of your coverage.

However, endorsements can also limit your policy. For example, you can add an endorsement to your plan to cover an engagement ring, but the insurance company can add an endorsement that says they won’t cover the ring if it’s older than 60 years old.

What is a limit of coverage for my homeowners’ insurance policy?

This is a very important one on our list of home insurance terms. Like with all things, there are limits and boundaries to your homeowners’ insurance. The limit of coverage for your home insurance plan is the maximum amount of funds that your insurance company can provide for you during a policy period (or the amount of time that your policy is effective).

Some insurance policies may have overall coverage limits while others may have certain coverage limits for certain parts of the plan. Coverage limits will depend on your home, but most home insurance policies have limits of thousands and/or millions of dollars. Limits of coverage also vary from carrier to carrier and from plan to plan, so it’s important to take a look at your declarations page if you want to know an exact dollar amount.

These are just some of the basic home insurance terms you may hear when talking about insurance with your agent. There are tons of other insurance names and phrases to consider, and it can be daunting to try to navigate them all on your own.

That’s why our insurance professionals are here to make things easy. They’re the best at breaking down any other home insurance terms you want to know to best protect your house. They’re also masters at breaking down the risks that you face, finding multiple quotes for the policies you need, explaining clearly why these plans fit you, and saving you money through it all!

Call us today or fill out our online form to start speaking with a professional about the easy, affordable, customized homeowners’ insurance you deserve.

Sources

https://www.naic.org/consumer_glossary.htm#P

What is additional living expense coverage in Atlanta home insurance?

November 6, 2018November 6, 2018 by dee barnett

Your home insurance likely includes additional living expense coverage.

Have you thought about what would happen if you had a massive fire? Of course, your homeowners insurance would cover the damages to your house, but what about you? Where will you live while repairs are going on? How will you eat if a disaster wipes out your access to food? How do you afford to live when your living space isn’t available?

Here’s where additional living expense insurance comes in.

What is Additional Living Expense Insurance?

Additional living expense (ALE) coverage is a part of most homeowners insurance, condo insurance, and renters’ insurance policies. It is the portion of your policy that will help you cover living expenses if you can’t live in your dwelling after a covered loss or dwelling damage – most likely a natural disaster.

ALE coverage will also actually cover a little more than your typical living expenses if you’re kicked out of your home for repairs. For example, an extended stay in a motel, hotel, or AirBnb is going to cost way more than what you spend normally. If you don’t have a way to store food at your temporary location, ALE insurance can also help you cover the cost of eating at restaurants while everything is being fixed.

ALE insurance may also help cover:

The costs of doing laundry
Storage costs
The cost of moving if you’re displaced by a natural disaster
A place for your pet to live if you can’t take them into your temporary living situation
Relocation mileage
The cost of renting furniture you’re used to having in your home

How Much ALE Coverage Do I Have?

Don’t go ripping off your roof just yet! ALE coverage does have a limit, and it depends on whether you have home, renters, or condo insurance.

Homeowners ALE will be about 10-30 percent of your dwelling coverage limit.
Renters ALE will cover up to about 30 percent of your personal property limit.
Condo ALE will cover up to 50 percent of your personal property limit.

Another caveat is that additional living expense insurance only covers the expenses needed to maintain the living conditions you have already been accustomed to in your current home. It’s also important to highlight the importance of the coverage title: Additional. This means that your insurance will only cover whatever cost is left over after you pay for what you can.

For example, let’s say you normally pay $900 for rent. All of a sudden, a fire breaks out in the building and destroys your apartment. You landlord tells you that you don’t have to worry about paying rent for a unit you can’t live in, so that’s $900 that you would be able to use to find a place to live. So let’s say you find a place to stay that looks and feels about the same as your apartment – similar square footage, included appliances, patio, etc. – but the neighborhood or complex of this dwelling charges $1,200 a month. Your insurance would pay the additional $300, not the full $1,200. So, if your temporary living plans include living in the lap of luxury in a $2,000/month dwelling, your insurance will probably determine that that’s not your usual standard of living.

Restaurant Expenses & Reimbursements

Filing a claim for your loss in food expenses can be a sticky situation. Your carrier will want to know how much you spend on a regular basis to figure out the additional money they’re willing to give you. Also, depending on your insurance carrier, they could give you a lump sum as a part of the additional living expense payout for food or you’ll end up being reimbursed for your food expenses.

In either situation, insurance companies usually have an average maximum limit that they pay out for food expenses. If your normal food expenses are above that average, then you’ll have to pay special attention to the amount you spend while you’re displaced from your home. You’ll need to consider and keep paperwork or proof for a few things:

Your normal food expenses – everything from groceries to fast food to sit-down restaurants
Your food expenses while your home is being repaired
How the two amounts differ – because the insurance company will want to know that you’re using your normal expenses as a baseline for the extra amounts that you’re paying.
Written documents from the insurance company if you have permission for expenses outside of the normal realm.

Don’t get carried away with your restaurant spending either! If you normally cook at home, even if you’re used to eating a bit lavishly, your carrier will already take that into account when they give you ALE funds. If your insurance places you in a temporary space that has the kitchen you need and are used to, they probably won’t foot the bill for the additional cost of eating restaurant lobster every night.

It is a bit tricky to know exactly what your insurance carrier will cover since hotels, motels, hostels, restaurants, and extended stay complexes can cost more than a rent payment or a mortgage. So, it’s important to talk to an insurance agent about exactly what your ALE coverage allows.

Our insurance professionals are always here to walk you through what your ALE will cover if you’re displaced and present you with a network of temporary living spaces that won’t max out your ALE budget. Call 404.352.0304 or fill out our online quote form to get a quote on the type of home, renters, or condo insurance that will give you the treatment you deserve when you’re in a pinch.

Sources:

https://www.thebalance.com/claiming-additional-living-expenses-ale-coverage-4154070

https://www.irmi.com/term/insurance-definitions/additional-living-expense-coverage

https://www.investopedia.com/terms/a/add_living_expense_insurance.asp

What is short term vs. long-term disability insurance?

August 27, 2020November 1, 2018 by dee barnett

Offering short-term and long-term disability to your employees can help give you a leg up on the competition when hiring great people. But how exactly do short and long-term disability work? What are the differences? And how can you use them for the benefit of your business?

Short-term disability insurance

Short-term disability lets an employee get paid a portion of their wages if they’re unable to work for a while. It makes sure that an employee can still cover their living expenses if they have a serious illness or injury.

Some conditions that can be covered by short-term disability are:

Back problems
Arthritis
Childbirth

Short-term disability coverage can last anywhere from 9 weeks to two years, depending on the policy. However, short-term disability payments usually won’t kick in until about a week or two after the employee is unable to work.

Once short-term disability runs out for an employee, it may be time to move them into long-term disability if they still can’t come to work.

Long-term disability insurance

Long-term disability is an extended version of short-term disability. This benefit can help if there is an injury or illness that keeps someone from working for an extended period of time (you guessed it – depending on the policy).

First, long-term disability usually covers 50-70 percent of an employee’s salary. The typical length of long-term disability is 5 – 10 years, but a worker can claim disability as long as they are disabled until they’re 65.

Conditions that are usually covered by long-term disability are:

Cancer
Musculoskeletal disorders
Nervous system disorders
Accident injuries

Additionally, mental health issues can also qualify as a disability.

Some details can still be a little fuzzy when you’re deciding whether to offer short-term disability insurance, long-term disability insurance, or both to your employees. Our insurance agents are professionals at figuring out the particular details of what will fit your business. So, give us a call at 404.352.0304 or fill out our online form to start getting customized quotes on benefits that could be crucial to your business!

What does an employee need to claim disability?

Some employers require the employee to work for them for a certain amount of time before being eligible for the benefit. Some employers require that the employee use all of their sick days before they qualify for disability. Some employers require full-time status or even additional paperwork for the employee to claim disability.

When you apply for short and long-term disability insurance, your carrier may also place certain exclusions on pre-existing conditions or conditions where disability won’t really help the employee’s condition. So, it really just depends on how you would want it to work for your individual business.

How is disability insurance different than workers comp?

Workers comp is specifically different from disability benefits because the former takes care of injuries or serious illness that happens at work or due to work-related activities. Disability benefits are for injuries that happen outside of work but are still severe enough to put someone out of commission for a while. There are massive benefits for your business should you choose to offer disability benefits.

Why should I offer short or long-term disability?

Companies that offer disability insurance and even other group benefits have major advantage when they’re hiring employees. It can really help you show that you value your employees.

So, why wait to improve your business from the inside out? Connect with one of our insurance professionals today, so that they can get to know you, your business, and what will make your employees the happiest! Just give us a call or fill out our online quote form to get in touch with our team.

Sources:

https://www.patriotsoftware.com/payroll/training/blog/difference-short-term-long-term-disability-insurance-coverage-qualify/

https://www.thebalancecareers.com/what-is-long-term-disability-insurance-1918178

https://www.officevibe.com/blog/10-statistics-compensation-benefits

Atlanta insurance tips for Halloween ghosts and ghouls

July 31, 2019October 30, 2018 by dee barnett

Home insurance protects your house - even on Halloween!

It’s that time of year again where ghosts and ghouls roam the night. That’s right – Halloween can bring along some unsavory characters and some weird happenstances. But did you know about the kinds of Atlanta insurance coverage that can help you deal with even the most supernatural of situations – and more everyday concerns? Here are some tips on how to handle a few other-worldly worries.

Poltergeists (Or Vandals)

Perhaps the most well-known creature to cause spooky disturbances, a poltergeist can cause some major mayhem and destruction. Some tell-tale signs of an angry spirit in your home can be doors mysteriously opening and slamming shut, hot wind in a normally cool room, and oddly aggressive bumps in the night. Their activities can get especially out of hand on All Hallows Eve, though. During this time of year, you may also find new wall marks and a few fragile items thrown across the room and shattered.

Luckily, the personal property portion of your Atlanta home insurance, renters insurance, or condo insurance can help you replace any broken or damaged items due to vandalism. If you’re covered for the Replacement Cost Value (RCV) of your items, your policy will give you the full amount it will take to replace any valuables your angry spirit is not too happy with.

On the other hand, if your policy only specifies coverage for the Actual Cash Value (ACV) of your items, your insurance will only cover the depreciated cost of your belongings. So, make sure you review your declarations page for the type of personal property coverage you have. You should also make a home inventory of the items you want to cover. Otherwise, you could end up paying out of pocket for a new set of fine china.

Werewolves

Even though there will only be a half moon this Halloween, there are tons of different types of werewolves that could show up at the end of the month. (And tons of havoc your pet pooch could cause throughout the year.) Here’s how to handle their specific brand of destruction.

They could jump on your car roof (Or a rogue tree branch could fall).

Even though there’s no full moon, when has a canine ever needed an excuse to howl? Werewolves are fast, furious, and most of all, heavy, whenever they transform. If one decides to leap onto your car’s roof, it’s going to leave a dent (and maybe some broken windows). So, you’ll need to look at your Atlanta car insurance policy to see if you have comprehensive coverage should a Lycan (or a falling tree) crumple your vehicle like a tin can.

The werewolf (or your dog) could bite someone on your property

When the creature comes to, they probably won’t remember nibbling on someone’s foot or gnawing on someone’s arm. Plus, they’ll probably be a little too strapped for cash from buying new clothes after they’ve ripped out of theirs so much. So, for them, covering an injured person’s medical bills is completely out.

Even if it’s not your werewolf, you could be found liable for their actions if they cause harm on your property. Luckily, your homeowners insurance will usually include personal liability, which can help you cover the victim’s medical costs and your legal fees should they decide to sue you. (This type of coverage can also help cover dog bites if your Halloween hound gets a little too excited around kids.)

Our agents know exactly how hectic the holiday season can be, especially one that starts off with a few Halloween spooks. We also know that finding the right insurance for your home or vehicle can be more than a little terrifying. That’s why we’re here to help. Call us at 770.497.1200 to talk to an insurance professional who can help protect your household – haunted or not.

Zombies

And of course, we have the potential Halloween zombie infestation. Logistically, if the undead were running around (or limping, depending on what type of zombies we’re talking about), your local police department, SWAT team, or militia would neutralize the situation before it turned into a national epidemic. However, there would be a few casualties to the zombie virus before any of the authorities are called into action.

Car Insurance for a Zombie Apocalypse (or if I hit an animal like a deer)

While you’re putting the pedal to the metal to get you and your loved ones out of town, you may have to plow through a few of the undead to safety. If the impact dents your front bumper, you’ll fortunately be covered by the collision portion of your car insurance. (Or, you know, if you hit a car or a fence or telephone pole to escape the zombies, collision coverage could help with repairs or replacement too.)

However, this does depend on how your insurance carrier categorizes zombies. If your insurance classifies the creature as a corpse, collision insurance will cover damage caused to your car by hitting an object. If your insurance company defines the zombie as an animal, though, you’ll need to have comprehensive insurance to cover damage that’s out of your control. (Comprehensive coverage would also cover you if your car caught fire or if someone stole it to escape said zombie apocalypse. It can also cover deer strikes.)

Will My Homeowners Insurance Help If I Can’t Live In My House?

So, after you’ve finished fighting through your undead neighbors and you’re driving into the sunset, how do you wait out the small infestation? You’ve had to abandon your home, so how will you afford to eat for the next few weeks? Where will you sleep?

If you have the right homeowners policy, your Atlanta home insurance will help cover living expenses while you’re away. If you don’t have a relative a few towns outside of the corpse-covered area, the Loss of Use/Living Expenses portion of your homeowners can help you pay for things like hotel rooms, restaurant bills, and even essential supplies like soap and drinking water.

But Take Heed…

Keep in mind that this coverage will only apply if the loss that drove you from your home is covered under your policy and if the home is uninhabitable. (So, if your policy doesn’t list zombie infestation as a covered peril…you may be out of luck. But you’re probably covered for something like a fire.)

Living expenses insurance can also be found in renters and condo insurance, but you will want to keep an eye on how much you spend each day. Most carriers have a limit on the amount they’ll provide for your expenses, and they’ll only help out with the additional amount of money you’ll need to survive. So, ask your insurance agent how much you’re covered for, budget wisely, rescue as much of your cash as you can, and keep your shopping trips short to avoid those pesky corpses.

Whether you’ve been a victim of a vengeful Halloween spirit or an angsty teen, a fire or a freak of nature, a fluffy wolfman or a fuzzy deer, it’s important to have the right type of insurance coverage. We want you to have total confidence in how your policies will protect you in the scariest of situations. We also want to help you save money while doing it! Call our insurance professionals, who will help you compare affordable quotes on Atlanta insurance to address even your wildest fears, or fill out our online quote form.

Happy Halloween!

What is other structures coverage in my Atlanta home insurance?

October 19, 2020October 22, 2018 by dee barnett

Other structures coverage can provide insurance for detached structures on your property.

Other structures coverage is just like it sounds – it covers the other large structures that are on your property besides your house. Most times, other structures coverage will be included in your homeowners policy. The best way to know if you have this coverage already is to look at your insurance declarations page and see if you have something called “Coverage B,” which is another term for other structures insurance.

Other structures coverage was originally created for detached garages. However, as home prices increased and less developed land became available in the 1970s, builders began building attached garages. That still doesn’t mean that other structures coverage is completely useless.

What Does Other Structures Insurance Cover?

If you have one of the following structures, you should look out for other structures coverage in your homeowners insurance policy:

A detached garage
A pool or pool house
A shed
A gazebo
A fence
A paved driveway

It’s important to note that just because you have other structures coverage, the complete cost to replace a structure may not be covered by the insurance. Other structures coverage is based on a percentage of the value of your home. So, depending on your policy and carrier, the maximum coverage limit could range anywhere from 5 percent to 20 percent of the value of your house.

Also keep in mind that just because you have other structures insurance or even a general homeowners policy, the belongings inside of your home or other structure may not be completely covered. Personal property coverage, or “Coverage C,” is also usually only a percentage of the value of that item or of your home. So, it’s important to review your homeowners declarations page and talk to your insurance agent about what you’re covered for and how much the coverage is.

Our agents are professionals at not only breaking down what’s in your homeowners insurance but giving you the best coverage and pricing that’s personalized to your needs. Call us at 770.497.1200 or fill out our online quote form to get free quotes on your homeowners insurance and compare the coverage you can get on the other structures on your property.

Can I Remove Other Structures Coverage to Save Money?

I hear some of you saying, “Wait, I don’t have anything else attached to my house or on my property,” or “I don’t really care about insuring my other structures.” So, can you take off other structures coverage to save money on your homeowners?

Homeowners insurance is usually not the piecemeal that other types of insurance can be. Whether you have an HO-3, an HO-5, or some other type of homeowners coverage, it usually comes as a bundle – a bundle that will more than likely already include other structures. This is because insurance companies want to be able to offer coverage to the vast majority of people, who will usually have at least a shed or fence.

That being said, if there’s anything on your property that falls into the “other structures” list, you should probably keep your other structures coverage anyway. Your insurance carrier may exclude some structures from the coverage if they decide that it needs too many repairs or if it’s too dangerous to use due to a lack of maintenance, but those cases are few and far between. Your carrier could also include other structures in your dwelling coverage, which will lump everything on your property together in terms of coverage anyway.

If you don’t have any other structures on your property, taking off other structures coverage could mean that you’ll have to skimp on your homeowners coverage altogether. So, you may not be paying for other structures coverage that you’ll never use, but you could also be missing out on coverage that you need for your actual home.

If you’re really worried about saving money regarding this part of your homeowners, there are other ways you can save money – for example…

Discounts!

Talk to your insurance agent to make sure you’re getting all of the discounts you possibly can. Ask about common discounts like loyalty and bundling. Ask about carrier specific discounts. Ask about home improvements like a security system or an impact-resistant roof that may qualify you for a discount.

You can also ask one of our insurance professionals! We’ve formed relationships with multiple, trusted insurance companies so that we can get you the best rates on the specific coverage you need. We’ll help you compare quotes on policies that cover only the property you want to cover and find ways to save you money on all the rest. Call us at 770.497.120 for a free quote or get started with our online form.

Sources:

https://www.irmi.com/term/insurance-definitions/other-structures

https://www.thebalance.com/remove-other-structures-insurance-coverage-2645713