Serving Western Massachusetts
(413) 532-0305 1 Main Street Holyoke, Ma 01040
Home
Get A Quote
Annuities
Automobile
Business & Commercial
Commercial Auto Insurance Quote
General Liability Quote Form
Business Owners (BOP) Quote Form
Workers Compensation Quote
Homeowners
Homeowners Insurance Quote
Homeowner Flood Quote Form
Life
Life Insurance Quote
Term Life Insurance Quote
Motorcycle
Renters
Customer Service
Automobile
Request Declaration and Coverages Page for Auto Policy
Send Declaration and Coverages Information to Lien Holder
Add Vehicle to Existing Auto Policy
Remove Vehicle from Existing Auto Policy
Add Driver to Existing Auto Policy
Remove Driver from Existing Auto Policy
Business & Commercial
Request Declaration and Coverages Page for Commercial Auto Policy
Add Vehicle to Existing Commercial Auto Policy
Remove Vehicle from Existing Commercial Auto Policy
Add Driver to Existing Commercial Auto Policy
Remove Driver from Existing Commercial Auto Policy
Request General Liability Certificate of Insurance
Homeowners
Motorcycle
Request Declaration and Coverages Page for Motorcycle Policy
Add Motorcycle to Existing Policy
Remove Motorcycle from Existing Policy
Add Driver to Existing Motorcycle Policy
Remove Driver from Existing Motorcycle Policy
Other
Renters
Blog
Make a Payment
Resources
Secure File Area
Refer a Friend
Important Links
Calculators
Important Files
Free Reports
Insurance Glossary
About Us
About Lawler Insurance Agency
Location Map
Employee Directory
Privacy Policy
Contact
Contact Us
Join Our Newsletter
Home
>
Blog
>
Six of the Summer's Hottest Insurance Issues
FRIDAY, JULY 8, 2016
Six of the Summer's Hottest Insurance Issues
If you're buying a new watercraft or other toy, or are renting cars and homes, you should consider your summer insurance needs before setting off on vacation.
"I don't think the vast majority gives it a thought," says Bill Wilson, associate vice president for the Independent Insurance Agents & Brokers of America in Alexandria, Va.
"Safety does not take a summertime break," adds Lynne McChristian, Florida representative for the Insurance Information Institute, or III. "That includes knowing your risks and considering your insurance coverage and liability."
Pool Insurance to Keep You Afloat
That sparkling backyard pool helps create an at-home summer resort. But you could find yourself in the financial deep end without the right insurance coverage.
Regular homeowners insurance may not provide enough coverage if you have a pool, and some policies may even exclude pools, says Kevin Smith, a spokesman for Allstate.
Pools can be dangerous, so they increase your liability risk because you stand a greater chance of being sued or having to pay someone's medical expenses. When you get a pool, Smith suggests boosting your liability coverage. Consider an umbrella policy if it's available in your state. That increases your coverage beyond what you have on other policies.
"For instance, a few hundred dollars a year may allow you to get up to $1 million in additional liability protection beyond your existing auto and/or property insurance coverages," Smith says.
Before installing a pool, check with local government because you'll need to meet local standards and codes. Those could include requirements for safety equipment, such as fences and locks, according to the III.
It's Not Just any Ol' Car
Summer is the season for taking antique and classic cars out of the garage and showing them off in club events and parades.
Those vehicles can demand separate insurance from your regular car because of their more limited use and their value. Collector cars can become much more valuable as they age.
Insurers offer agreed-value or stated-value policies. You'll likely want agreed-value, which means you and your insurer agree on the car's value. In case of loss, the company will pay you the full amount on the policy, less your deductible. Stated-value policies leave the value of your old classic open to interpretation by the insurer, according to the III.
See if your insurer has the resources to help find rare parts and mechanics with the know-how to handle any damage to your baby. Ask if you'd be able to send the car across state lines to a mechanic of your choice.
Liability coverage is especially important with collector cars that can be difficult to drive if they have small windows or lack mirrors, says Jay Quail, executive director of the Classic Car Club of America. The club requires event participants to have proof of liability coverage.
Read More:
Source
Posted 11:13 AM
Tags:
summer
,
tips
,
insurance
Share
|
No Comments
Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required
All comments are moderated and stripped of HTML.
NOTICE:
This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
2017
2016
2015
insurance
(101)
tips
(41)
life
(34)
home
(28)
auto
(20)
car
(17)
homeowner
(16)
safety
(11)
business
(9)
claims
(8)
homeowners
(8)
house
(8)
holiday
(7)
health
(6)
family
(5)
policy
(5)
summer
(4)
rates
(4)
winter
(3)
valentine
(3)
money
(3)
commercial
(3)
accident
(3)
halloween
(3)
claim
(3)
renters
(3)
dog
(3)
workers compensation
(2)
college
(2)
traffic
(2)
mistakes
(2)
crash
(2)
thanksgiving
(2)
save
(2)
spouse
(2)
value
(2)
children
(2)
theft
(2)
funny
(2)
saving money
(1)
annuities
(1)
labor day
(1)
new year
(1)
crime
(1)
loans
(1)
texting
(1)
pets
(1)
disability
(1)
customers
(1)
financial
(1)
Get Your Free Quote
Today!!
Referrals
We love referrals! And thank you even more for your continued business.
Blog
Read our latest blogs and stay up to date.
Join Our Newsletter
Stay in touch with the latest events, news and offers we have.
Our Office
Connect With Us
Physical:
1 Main St
Holyoke, MA 01040
Mailing:
PO Box: 388
Holyoke, MA 01041
Visit Our Location
Contact Us Today!
PH: 413.532.0305
FX: 413.536.5821
Meet Our Employees
Your Trusted Broker
Home
A Quote
Customer Service
Resources
About Us
Contact
Powered by
Insurance Website Builder