Harbor Insurance Agency Reliable. Responsive. Alternatives.

Transcription

1 Harbor Insurance Agency Reliable. Responsive. Alternatives. Our Quarterly Newsletter Insurance Tips for Back-to-School Time September 2014 Inside this issue: Now is the Time 2 Life & Health Seminars 3 Football Season 3 What s In Your Wallet? 4 Refer - A - Friend 4 Trivia Contest 4 Hurricane Updates 5 Our Mobile App 5 Stay connected with us: As many of you get your children or grandchildren ready to head off to school in the fall, there s one vital to-do to add to your list (other than writing that tuition check): a review of your insurance coverage. It's important to keep in mind that policy language varies from state to state, and there are never "one-size-fits-all" situations, but below is a general guide. If you have questions, or want to go over your insurance needs, don t hesitate to contact us! HOMEOWNERS (may vary by individual policy) Coverage of personal property: Most home policies provide 10 percent of Coverage C (Personal Property) for property owned by an insured that is at a residence other than the insured s. I.E - if the contents of a policyholder s home are insured for $100,000, a student s property up to $10,000 would be covered if living in a dorm provided the damage is caused by a covered peril & the student meets the definition of an insured. For apartments or houses off-campus, the same coverage generally applies. Certain items, such as jewelry or expensive electronics, may require specific coverage, or a rider. Renters insurance is strongly recommended if your policy does not cover a student s personal property. Liability coverage: There usually is an exclusion for damage to property rented to an insured, so generally damage to a dorm/apartment would not be covered. Ensuring adequate coverage: Contact us to get specific answers & information about your coverages. Create an inventory of the items your student is taking to school, as is keeping photos & receipts for the items. Renters insurance: If your student s needs can't be met under your current policy, don't forget renters insurance. Landlords policies generally only cover the structure, not the possessions of renters. AUTO Coverage without a car at school: If your student will continue to drive while at home on school breaks, they should continue to be listed on your policy. If they re attending school more than 100 miles from home, and are not taking a vehicle with them, the policy may qualify for a distant-student discount. Coverage with a car at school: In most cases, a car registered to parents and listed on their policy will be covered if used by a listed student away at school. But make sure that your auto carrier writes coverage in the college s state & location. Note that a change to the principal location of the vehicle may result in a change in premium. Driving a friend s car at school: Students generally would be covered while driving a friend s car if the students are listed on their parents policy & do not have regular use of the vehicle. The coverage would likely be secondary in this case, as the carrier for the friend s vehicle would likely be the primary. Making sure you ve got the right insurance coverage can help you protect your assets as you invest in your child s future. How to protect your most cherished possessions... harboria.com Serving Florida since 1901 While your home insurance is invaluable for covering the loss or destruction of many of your belongings as well as damage to your home s structure, your policy may provide only partial coverage for your most cherished items. The good news is that even if they re not fully covered under your homeowners, with a scheduled personal property endorsement or separate Inland Marine policy, they can be. We can help you determine if a scheduled personal property endorsement or Inland Marine Policy would be a good fit for you. Look around your home and make a list of your cherished possessions. Be sure to consider Jewelry, Antiques, Art Collections, Musical instruments, Silverware/China, Autographed items & Rare or one-of-a-kind items. Once you have taken an inventory, make the time to talk with us; we will review your options with you thoroughly.

2 Harbor Insurance Quarterly Newsletter Page 2 Life, Heath and Financial Services Receive ALL the benefits you are entitled to! It s that time of year again So many decisions to make on so many important issues! We can help!! Here at Harbor Insurance our expanded Life, Health, and Financial Services Department can help answer all your questions! We want to make sure you and your family receive All The Benefits You Are Entitled To! If you have any questions or concerns regarding any of the following issues please give us a call at ext & Ask for Barbara Medicare Healthcare coverage for people on Medicare part A & part B Every year there's an open enrollment period from October 15th December 7th for a January 1st effective date Every single person on Medicare should have an annual review during this time as the plans can drastically change. Some of the things you should look out for. Are all my medications covered on my plan? Life Insurance Are all the doctors I want to see accepting my plan? Does my plan cover me if and when I travel? Ask us about the new lower rates... amongst many other things! for Life Insurance with enhanced benefits for Long Term Care and Income Planning built in. Affordable Healthcare Plans/ Obama Care Healthcare coverage for people not on Medicare part A or Part B These plans also need to be reviewed each November 15 th through March 31 st to account for the scheduled price increases and plan changes Make sure you understand which plans, benefits & providers are available in your area Make sure you understand how the affordable healthcare act can affect your retirement plans Social Security Understand how to maximize your Social Security benefits at any age. 401K s, IRA s and other Retirement Accounts Veterans Ask us about the little known Veteran benefit that could pay your and/or your spouse up to $2000 per month for Home Health benefits, Assisted Living Facility & Nursing Home Care benefits. Make sure your receiving a guaranteed fixed annual growth of 6% on your IRA & 401K income accounts Are you are aware of the Tax Elimination / Wealth Transfer strategies now available that will literally eliminate taxes on your IRA s, 401K s and other Retirement accounts to your beneficiaries? Learn how to generate a tax free pension fund Be informed on the new Long Term Care, Life Insurance and Guaranteed Lifetime Income benefits for 401K s, IRA s and other Retirement Accounts Request your free copy of What 25 documents you must gather for your family before your death! Here at Harbor Insurance we look forward to being your GO TO for ALL your Insurance needs! Call Barbara at ext/ 6398 Her team is ready to work with you!

3 Harbor Insurance Quarterly Newsletter Page 3 Now Is The Time To Get Your Shots When you're rushing around with 101 other issues to deal with, it's easy to overlook one of the most important contributors to good health immunization. So here's a reason to keep in mind: August is National Immunization Awareness Month. Immunization isn't just something for kids. People of all ages need vaccines: infants, pre teens and teens, younger adults and seniors. So, use this campaign month to check that your own vaccinations are up to date. For adults, it's not just about getting your flu shot either. You might also need protection against tetanus, shingles, HPV and pneumonia and, if you're under 55, even shots for measles, mumps and rubella. Plus, if you travel abroad, you might need other inoculations. If you want to make checking your status easy and a bit of fun, try this quiz from the Centers for Disease Control and Prevention: quiz after gathering relevant information, it'll tell you exactly which vaccines you may need. Of course if you're unsure about which vaccines you need or if you're not in good health, consult a professional first. Life and Health Seminars Coming to you presented by Harbor Insurance Whether you are of working age, planning to retire, or already retired, this informative presentation will enlighten you on how to ensure you are getting all of the benefits you are entitled to at the best possible price. Affordable Healthcare Act Plans (*be sure you, your family, or your company is in compliance with the new law) Medicare Plans Long Term Care strategies Annuities Life Insurance Risk Free Investing Pension and Social Security Income Planning Your host, Barbara Altman will discuss tips and strategies with you, our valued clients to assist in various retirement planning and asset protection needs. If you are interested in learning more about the upcoming seminar workshops, you may visit us at or please CALL ext Make football season not just fun but also safe! Football season is here; finally! With it brings a whole host of seasonal activities for football fans, from tailgating, bar outings, friendly bets and parties. Consider these tips to keep the season safe and exciting: Keep it clean opt for non breakable, recyclable containers makes clean up easier too. Be smart Know your limit on intake and make sure to have a designated driver Know where you re going Pre plan travel Keep it close Whether you re hitting the live game or the local team, be sure to keep your valuables, such as wallets, phones and purses safe to help avoid theft. Game day INSURANCE Tips Make sure you have adequate auto coverage to cover any contents that may be stolen in the unfortunate event of a break in at the stadium parking lot. Ensure you have sufficient liability coverage on your home policy, as well as medical payments and possibly umbrella coverage. These exist to protect you in the event someone becomes injured while at your home. Consider roadside assistance coverage. In the event your vehicle breaks down or you lock your keys in your car, it can save the day!

4 Harbor Insurance Quarterly Newsletter Page 4 What s In Your Wallet? Check out who saved money. Find out who plugged a dangerous gap in their insurance. Cindy Jewett Recently wrote Liability for a Contractor. His current agent was not able to provide the coverage required on a large commercial job. He was about to lose the job because of the issue, but we were able to place his coverage and comply with everything the job required, and still keep the premium to within the price range of his original coverage plan. Eric Austin In reviewing a client s Auto Repair Garage Policy renewal (a current customer with our agency), Eric identified that moving them to another insurance carrier that we represent would provide the same insurance protection while saving them over $1,200 annually. The customer didn t have to contact us to review it. They were thrilled that we were proactive and helped reduce their insurance costs. Wanda Gardner By packaging an Excess & Surplus Property and General Liability policy for a Commercial client at renewal, Wanda saved an insured over $850 annually. Refer - A - Friend Harbor Insurance is an independent insurance agency providing insurance to business owners, commercial buildings, homeowners, property owners and drivers in Florida. We have a full line of life, health and annuity products available too. Insurance is our business, what s yours? Refer someone to our agency for their insurance needs and if we quote their insurance, we will enter YOU into our Quarterly Prize Drawing. Check it out! Click here It s EASY to enter...refer your friend, neighbor and coworkers. Don t miss your chance to enter! Referrals are the lifeblood of any business, and there is no better source than you, our clients. Thank you! Trivia Contest This month Harbor Insurance is sponsoring a Trivia Contest and offering you a chance to win a $10 gift card of your choice. Test your knowledge! Answer the question below and you could be this month s winner. The entry that comes closest to the correct answer to the following question will be the winner. If more than one person has the exact answer, the winner will be the person whose entry reached our office first. Labor Day was this past weekend...under pressure from voters, this US President signed legislation in what year to make Labor Day a National Holiday? your name, contact phone number and answer to media@harboria.com Good luck!!!

5 Harbor Insurance Quarterly Newsletter Page 5 We are at the height of HURRICANE season, have you updated your contact information with us? GET A PLAN and make it yours! We take our role as your protection specialist seriously. Recently you may have received a request from us to update and/or provide your current contact information to us. If you have completed this THANK YOU! If you have not yet done so, take a moment and complete it here: harboria.com/updates Prepare now and you can save time later! Prepare yourself and your family for a disaster by making an emergency plan. Be sure to include plans for your pets, aiding family members (kids and elderly) to maintain their functional needs, evacuation routes, safe zones and if power is lost how you will communicate with others to let them know your status. If disaster strikes be sure to have a list prepared of what items you must grab & go with; titles, birth certificates, passports, receipts for high end items, medical records, household inventory lists, social security cards, passwords & bank account information, etc. Practice your plan! A Premier Mobile APP, just for you! Port St Lucie - West Palm Beach Home - Auto - Flood Boat - RV - Motorcycle - Personal Umbrella Business Owners - Commercial Property General Liability - Commercial Auto - Work Comp Professional Liability - Directors & Officers Errors & Omissions - Associations Life - Individual & Group Health Annuities - Medicare And more... Get the ability to manage and update your insurance from anywhere. FREE to our valued clients & friends! With our Mobile App you are able to receive: Accident Assistance at the scene Home Inventory Auto ID Cards viewable in your hands Geo-locator Simple to use contact links Use by all drivers in your home with a smart-phone Valuable tool for both home and/or business owners Click HERE to learn more AND download Harbor s Mobile App today!