Do I Need to Insure My Jewelry?

Insurance for your jewelryJewelry is often one of the most valuable belongings in your home and, for this reason, it’s something you may want to consider insuring. Most pieces of jewelry can be fragile, easily lost, and they are among the first items stolen during burglaries. But most people still fail to insure expensive pieces of jewelry with high sentimental values.

Below is some general information to help you understand how much jewelry insurance can cost and the different ways that you can purchase insurance for some of your most precious belongings.

Homeowner Insurance

One common way to insure jewelry is on a homeowner’s insurance policy. Usually adding your jewelry to your home insurance will cost you extra. Homeowners insurance rates will vary based on the amount of coverage you choose for your home, the location, age, and condition of your home, and other factors like your marital status and even your credit score.

Most home policies don’t automatically cover your jewelry. You’ll need to ask for an endorsement to your policy to cover your jewelry. And, as jewelry is a high-value item and is often stolen or lost, you’ll see a separate amount of coverage for it on your policy.

The cost of jewelry insurance can vary but typically it’s between 1% – 5% of the total value of your jewelry collection.

The different home insurance coverage options

When it comes to comparing home insurance, there are many different options to choose from. Some of the most common options that you will want to consider when taking out a policy include:

  • HO-3 Insurance – This is the most popular type of insurance and, if you have a mortgage, you are often required to have at a minimum this level of coverage.

This type of policy will cover any damage to your home, apart from any exclusions in the policy, which might be events such as floods or earthquakes.

As for the coverage for your belongings, this policy is commonly referred to as a Named Peril policy. On an HO-3 policy, your belongings will only be covered for events listed in your policy. Also, you typically will only be reimbursed for the actual cash value of your belongings rather than the true replacement cost.

  • HO-5 Insurance – If you are looking for more holistic coverage, then this type of policy provides more extensive coverage than an HO-3 policy.

HO-5 insurance provides the same amount of protection for your home as an HO-3 policy. But for your belongings, HO-5 is commonly referred to as an Open Peril policy. This means that rather than only covering your belongings for perils that are named in the policy, your belongings will be covered for everything unless a peril is specifically excluded in the policy.

An HO-5 policy will also reimburse you for replacing your belongings if lost or stolen rather than only providing the actual cash value of your property.

The best way to get more information on jewelry insurance is to ask a licensed agent in our office. We can assist you with assessing your insurance needs and provide you with some quotes from several of the top insurance companies.

Get A Quote For Your Jewelry Insurance Today

Our licensed staff is ready to help you get multiple jewelry insurance quotes. Because we’re an independent insurance agent we can shop from multiple insurance companies to help you find the right coverage at the right price.

Looking to get organized this year? We share some easy tips!

Seven tips for getting organized in 2021It’s the New Year and like many people this time of year, resolutions are being made. If you are looking to be tidier or organized in 2021, we have some tips for you!

Create your checklist

First off, what areas of your home need to be more organized? Do you finally want tackle your junk drawers? Organize your bathroom or closet? Or finally donate or dump items in your garage? Create your to-do checklist of the areas you want to tackle.

Start with one thing at a time

After reviewing your checklist, evaluate what you want to tackle first. If you have 10 or more areas you want to organize in your home, it is easy to feel overwhelmed. Therefore, it is best to begin with one project at a time. Perhaps starting with your quickest or easiest project might be the best start. Getting the quickest project done can give you momentum and motivation to tackle the next area on your list. If your list is long, break up your tasks over the course of several days or weeks.

Time Blocks

Time blocks can work great for keeping you on task. Dedicating a specific time to clean or organize can be very beneficial. When your time is up, you’ll feel productive and motivated for the next time block you set aside to clean or organize. EX: I am organizing from 3:00 PM to 5:00 PM. Starting with a time block allows you to get started on the project vs. feeling overwhelmed as if the project will take all day to complete and then continuing to put it off.

Give everything a home

While many areas of your home may already have a home such as your dishes cabinet, silverware and Tupperware, other drawers in your home may collect all sorts of items together in one area. Assess areas of your house that could be more organized and determine a home for each item. Even if your junk drawer stores many miscellaneous items, you can organize your drawer with bins.

10 minute power clean

It’s amazing what can happen when you set your mind to cleaning or organizing for 10 minutes. First off, how much can you get done in 10 minutes? You may find yourself moving fast just to see what you can accomplish in such a short time frame. On another positive note, when the timer goes off, you may just continue cleaning if you have more time. A 10 minute power clean may be all you need to jumpstart your motivation to get things done around the house.

If you live with others, give everyone a job

When you live with multiple people, it is easy for your house to become a disaster quick. When it is time to clean, give everyone a job duty and set your time block. It might even be helpful to give household members weekly chores that they are always in charge of. EX: taking out the garbage/recycle or un-loading the dishes.

Practice putting things away immediately

How easy is it for dishes to pile into the sink? Or for clothes to become your new carpet? When you practice putting things away immediately, it not only saves you time when it comes to deep cleaning your home, but it allows you to feel more tidy in the moment.

While we can’t clean or organize your home for you, we can help you find affordable home, renters or condo insurance. Contact our agency for a free quote or even a re-quote if you are shopping for new insurance. We will provide quotes from many of our carriers and show you a side by side comparison of options to choose from.

Five Things To Consider This Winter That Can Impact Your Insurance

Four ways to lower your risk for an insurance claim in the winterAvoiding Frozen Pipes

When the temperatures drop in the winter, there is a possibility that your water pipes could freeze. Since water expands when it freezes, there is a chance that a pipe could burst, which could cause major damage to your home. To avoid this from happening, install frost-proof hose bibs, find and wrap exposed water pipes and keep garage doors closed.

Driving in the snow and ice

Auto accidents during the winter are often related to slick roads and driving in poor weather conditions. Whether you live in a climate that gets yearly snow and icy roads or you are traveling to a climate that does, every driver should have the knowledge for driving in these conditions.

A few things to consider:

  1. If your vehicle starts to slide on the road, take your foot off the gas until you regain traction. While it can be natural to want to slam on your brakes, try not to do this.
  2. Make sure your vehicle has plenty of windshield washer fluid. The last thing you want to do is run out of fluid on muddy, frozen roads and have it impact your visibility.
  3. Always check weather conditions. If conditions are bad and you still have to make your trip, allow yourself extra time to get to your destination. This allows you to drive slower as well as give yourself more distance between other cards on the road.

Liability concerns regarding ice or tripping hazards in your driveway

With more people doing home delivery for groceries, gifts and other necessities during the pandemic it is important to keep your delivery area clear of hazards. Avoid being held liable for a slip and fall injury claim by keeping your driveway and stairs clear of hazards for your delivery drivers. Keep extension cords tucked safely away, make sure steps and driveways are free of ice and slippery surfaces are scrubbed clean. A huge thank you to delivery drivers everywhere.

Review your policy

Life changes, so should your insurance policy. If you need an agent to review your current insurance policy, reach out to us! There are many scenarios where an update to your insurance policy may be necessary. Items such as a kitchen remodels, a big-ticket purchase like jewelry, art, collectibles or antiques or if you are driving less to name a few. If you are shopping prices or want to change your coverage, reach out to us. We can shop all our insurance carriers and help you find a policy that suits your budget and coverage requirements. We will always explain your coverage options too.

Watching for rodents

Rodent damage isn’t always covered by your home insurance policy. Rodents are always looking for a warm place during the winter months and likely would prefer to enter your home if given the opportunity.

Here are a few tips:

  1. Cover all holes and gaps in your crawlspace by checking your screens and access panels.
  2. Never store food in your garage or crawlspace. Also leave your pet food in a safe place. It can be stored high on racks or in an airtight container.

If you suspect a rodent may be in your crawlspace, consider calling a professional to come out and look.

Three Home Insurance Topics To Discuss With Your Independent Agent

When to Update Your Home Insurance Policy in Little Rock, AROwning a home is a great way to build wealth and give your family a place to build memories. Insuring your home correctly is important to protect your investment and your family’s well-being. Today we will go over three things to discuss with your insurance agent regarding your home insurance policy.

  1. You remodeled.

A new bathroom, a custom kitchen, hardwood floors or a new outdoor living space all add value to your home. Not only are they improving the function and livability of your space, but you have increased the replacement cost of your home. By discussing these changes with your insurance agent, they can run a replacement cost estimator and ensure that the changes you have made still fit your current policy. They can easily adjust your existing policy to ensure your new features are covered in the event of a catastrophic loss to your home.

  1. You changed mortgage companies

Do you ever wonder why you never see an actual bill for your home insurance? It is likely because your mortgagee is paying it. Homes that are financed are required to carry insurance, which is why your mortgage company pays the bill, then includes it in your monthly mortgage payment (typically listed as “escrow” on your bill). If you change mortgage companies, be sure to contact your insurance agent and let them know who the new company is. This way, your home insurance company will not have a skipped payment. Insuring your largest investment is serious business and a lapse in coverage can be catastrophic. If you refinance or receive a notice that the lender is changing, send a quick email to your agent informing them of the change.

  1. Your home insurance premium seems out of line

If it has been a while since you shopped your home insurance, you may be wondering if your current home insurance company is the most cost-effective solution and that the coverages you originally had are still the best for you. Because we are an independent insurance agency, we represent many of the top-rated insurance companies. We can compare coverages, pricing, and deductibles side-by-side so you can review what you have now and what other companies offer. This way, you know your asset is properly insured with the right coverage for you. Nothing you do not need and certainly everything you do need!

A home insurance review can take just a few minutes of your time but save you a huge headache down the road. If you would like to review your coverage with one of our agents, simply call and schedule a time. We might even have a new company who offers specialized coverages that would suite your needs better at this time.

Insurance Advertising Trends

Insurance Advertising TrendsWhen did commercials become interesting and funny? Watching TV has become more about how entertaining the commercials are versus the sports we happen to be watching, like a big football game.

Advertising is big business and insurance advertising represents one of the biggest spenders. In fact, the three largest insurance companies spent a combined 1.62 billion dollars on advertising in 2019, according to statista.com.

Today, we will look at some of the trends that insurance companies have had over the past decade or so.

Market Position

One of the most common trends with insurance advertising has been insurance companies touting their size as if that is an indication of their good products. The advertisements often say they are the biggest insurer of certain products like commercial truck, motorcycle, auto or home insurance to name a few. While size is important for investors, there are many regional companies who offer great insurance products and have financial stability. As an independent insurance agent, we offer many great regional choices as well as large industry leaders so you can choose the right company for you.

Humor

There are some hilarious insurance commercials. However, it seems like the funniest ones have absolutely nothing to do with insurance! The truth of the matter is insurance is serious business, but when it comes to attracting new customers, the best commercials are the ones lacking seriousness.

Fear

Slow motion car accidents, houses burning, burglary, teen drivers killed in accidents… Insurance is meant to protect you from accidents and devastating property damage or injury. It is no wonder that some insurance commercials aim to incite fear to get consumers to act claiming they can protect you from these things. While in fact no insurance company can protect you from the dangers of driving or a devastating flood from occurring, they can however protect you from the financial losses that are incurred because of these life-altering events.

Claims Scenarios

When it comes down to it, when you purchase an insurance policy, you are paying for financial protection and claims assistance. Many insurance companies today advertise purely on the fact that they covered certain scenarios or claims that occurred. Some of these are scenarios are humorous and others are quite serious.

When it comes to your insurance, most companies you can choose will provide you with exactly what they say – insurance coverage for catastrophic events in your life. While most of us will have to endure an insurance claim at some point in our lifetimes, the best we can do for you is fit you with an insurance company that truly meets your needs the best and offers you and your family the auto, home or business insurance you require.

Chances are we offer more than one of the insurance companies you have seen on TV and we can provide you with a quote on them as well as many other great insurance companies. Contact us and we will provide several quotes for vehicle insurance, property insurance and more!

Tips for Truckers to Stay Healthy on The Road

Tips for Truckers to Stay Healthy on The RoadMaintaining a healthy lifestyle, especially during these challenging times with the COVID-19 pandemic, is very important for every truck driver in America. Here are four ways to stay healthy on the road.

  • Choose More Nutrient Dense Meals

There are a few ways to do this.

First, start packing your own meals.

Packing your own meals will not only save you time and money, but it can also help save you calories. Instead of focusing on what not to eat, focus on what you should eat more of. Food choices such as vegetables, fruit and other higher fiber snacks and meals is a great start. Want to pack your own meals? Consider buying a cooler that acts as a refrigerator for your truck. All you have to do is simply plug it into the accessory plug.

If you are dining out, consider choosing meals that are vegetable dense. Skip the fried food if you can or look up the calories on a restaurant’s website. All these things can help.

Again, instead of focusing on what not to eat, focus on eating what you should be eating more of. So, if you have the mindset of eating as many vegetables, fruit and other higher fiber meals, you are off to a great start.

  • Move Your Body

Driving = sitting for hours and hours on end. Many truck drivers may experience easy weight gain from lack of movement as well as high calorie food choices. So, find a way to move your body as much as you can. Ideas: dedicate 30 minutes of walking, make a habit of doing body weight strength exercises such as pushups or squats outside of your truck, or even find time to hit the gym. Any effort in moving your body is positive.

  • Follow Good Hand Hygiene

We all know the importance of good hand hygiene with the COVID-19 pandemic. Wash your hands often, but also wash your hands well. Experts say washing your hands for 20+ seconds and thoroughly washing between your fingers, on top of your hands or scrubbing the tips of your fingers is all beneficially.

  • Get Quality Sleep

There are many ways to get quality sleep, but the first step is making sleep a priority. Shoot for 7 hours a night. How can you get good, restful sleep? Create a dark environment, consider a white noise machine or wear ear plugs to block out noise, limit caffeine intake 5 hours before bedtime, limit or avoid nicotine and other stimulants and lastly, make sure you have a good pillow!

While we can’t keep you healthy or make your lunch, we can find you a great rate on truck insurance. Contact our agency for a quote with our top carriers to help you find the best rate. Contact us by calling us, emailing us or filling out a quote form through our website. We look forward to earning your business!

Active Deer Season & How to Lower Your Risk for a Collision

How to lower your risk for a deer collisionDid you know that there is an increased chance of hitting a deer from October to December? Yes, this is considered deer season so it’s important to keep an extra eye out for deer this time of year.

Being informed is key to staying safe on the road. We’ll go over a few things to help lower your chances of hitting wildlife while driving this time of year.

When Should You Be Most Alert?

While wildlife can show up any time, you should be extra cautious around dawn and dusk when animals are most active. If you are driving on the highway or even in rural areas, keep a close eye on each side of the road since that is where many animals will be. If you are driving with someone in the car, ask your passenger to help you watch out for wildlife.

If an Animal Jumps Out in Front of You, Should You Swerve or Brake?

Always hit the brakes. While it is natural to want to swerve to avoid hitting the animal, you will want to hit the brakes, hold onto the wheel and stay in your lane as best as you can. Swerving while driving fast can increase your risk for an injury or car accident.

If I do hit an animal, am I covered?

First, you will need to know a few details of your current auto insurance coverage. Comprehensive and collision insurance can provide you with insurance coverage. Comprehensive insurance covers your vehicle when you make contact with an animal while driving. It is important to keep in mind, however, that if you decided to swerve, missed the deer or animal and strike a tree then you could be covered by collision insurance on your auto policy. Because every insurance carrier is different, their claims department will handle it with the coverage they feel is most fitting to the situation.

Interesting fact

What states have shown the most auto insurance claims for deer or wildlife collisions? West Virginia, Iowa and Pennsylvania had the highest November claim frequency according to Highway Loss Data Institute.

If you have questions about your current auto or vehicle insurance coverage, reach out to our agency. We can go over your current coverage, re-quote you for a better rate, or simply answer any questions you have about auto insurance.

Do I Need To Maintain Insurance On My Boat, Motorcycle Or RV During Winter?

Why You Should Maintain Insurance on your RV, Motorcycle or Boat in Little Rock, ArkansasIt is a sad time of year when we have to say goodbye to long warm summer nights and hello to more moderate weather and shorter days. But, the good news is pumpkin lattes are out again.

With fewer boat, motorcycle or road trips in the RV happening in the fall and winter months, many wonder if they need to maintain insurance on these vehicles when they aren’t being driven. There are many different scenarios that warrant keeping these vehicles insured year-round so let’s take a closer look at these.

Weather Related Damages: Weather is especially nasty in the winter months so keeping your boat protected from covered weather-related damages is important. Even when stored, lightning, wind and hail can occur.

Physical Damages: It seems strange that you may be subjected to a property claim when your vehicle is not being used. However, take this simple example: You have a house party and someone wants to sit on your bike. During which, they accidentally knock it over denting your custom painted tank and scratching the paint. Your home insurance will not cover this.

Theft & Vandalism: If someone decides to steal your boat, motorcycle or RV in the winter months, you need coverage to cover the loss. Thefts occur everywhere, so even if in a secured area, vandalism can occur. Unfortunately, thieves don’t mind bad weather.

Fire: If your boat, motorcycle or RV is stored in your home or garage and there is a fire, your home insurance will not pay for damages to your vehicle. Instead, you will need a comprehensive insurance policy to cover these damages.

Financing: If you finance your boat, motorcycle or RV, your lienholder will require you to maintain insurance to protect the investment.

Multi-policy discounts: If you insure your boat, motorcycle or RV with your home or auto insurance company, you may be eligible for multi-policy discounts. By removing your insurance on your vehicle, you will raise the cost of your other policies.

Owning a boat, motorcycle or RV is a great experience for most. Don’t turn the joy of boat, motorcycle or RV ownership into a nightmare by trying to cut your insurance costs in the off-season. Protect your vehicle year-round and enjoy greater discounts on your other insurance products by bundling them together. For a quote on your insurance, give us a call. We represent the best insurance companies and can quote you different coverages, rates and apply for special discounts.

Best Place To Find An Insurance Policy

Best Place to Find an insurance policy in Little Rock, ArkansasIt isn’t uncommon for people to type into a Google search bar, “best place to find car insurance” or “best insurance rate.” There are many ways to purchase an insurance policy but there are countless benefits of buying from an independent agent.

As an independent insurance agency, we want to explain why buying your insurance policy through a company like ours is always the best option.

First and foremost: Choice. 

We represent multiple, top-rated insurance companies. Some great local ones as well as some nationally recognized names. This means you get the best coverage and pricing from many of the best companies in your state. Our licensed agents will search our network of great companies to find you the best rate and coverage on your car, home, business, or life insurance policy! One call to us can save you hours of time.

Secondly: Options.

We can discuss what coverage options we feel would be best for your specific needs. We can explain what happens when you have specific coverage options vs. not having the coverage options. We can shop your deductible and let you choose a lower or higher and show you the differences in your premium all with the click of a mouse. With this information you can make the choice on what works best for you. We always want to make sure you fully understand your options so you can make an informed choice on your insurance policy.

Thirdly: More discounts.

Being an independent insurance agent, we also will search for available discounts. Whether it is bundling multiple policies together or finding other ways to save you money, we understand saving money is important to all of our customers. We take pride in finding you discounts! If you are unhappy with your insurance price at renewal time, let us requote you with one of our other carriers.

Lastly, we’re local!

We work and live in your community. We are always a quick phone call or email away. If you need to add a vehicle, remove a vehicle, get a quick quote on a motorcycle or boat you’re interested in buying, or want to add umbrella insurance, we can help. You can get this information over the phone or we can email you options for you to review at your convenience.

Insurance can be confusing which is why the best place to find an insurance policy is through an independent insurance agent. We will answer your questions, provide you with many coverage choices and will find ways to make your insurance coverage affordable. Contact us by calling our office, requesting a quote through our website or simply emailing us.

Things You Should Know About a Commercial Auto Insurance Policy

Commercial Auto Insurance Agency Little Rock, ARWhen many people think of a commercial auto insurance policy, they may think of big vehicles such as semi-trucks, box trucks, garbage trucks, etc. However, there are many variations of vehicles that would qualify for a commercial auto insurance policy.

How to Determine If You Need a Commercial Auto Insurance Policy

If you are using your vehicle or your employer’s vehicle for business purposes, you need a commercial auto insurance policy or endorsement. For instance, many people are working in the gig economy in jobs such as delivering food with your own vehicle or doing rideshare. It is important you have the right insurance coverage. If you do get into an accident where you are making a food delivery and damage your vehicle or someone else’s property, your standard personal car insurance policy will likely not cover you. Contact our agents with any questions you may have.

Here is a quick reference to help you determine if you need a commercial auto insurance policy:

  1. Using your vehicle to carry business equipment
  2. Freight transportation
  3. Towing vehicles
  4. Delivering food or goods (Amazon drivers, food delivery drivers, newspaper delivery)
  5. Using your vehicle to chauffeur people (Uber or Lyft Drivers, taxi service)
  6. Transporting material

How Is A Commercial Auto Insurance Policy Different Than My Personal Auto Insurance?

Since your vehicle is being used for business purposes, there are different risks that need to be insured. Additionally, the rating system used by companies is entirely different than a personal auto policy.  Each commercial policy needs vary, so have a discussion with your agent to discuss your specific policy limits. For business owners with many vehicles to insure, business auto fleet policies are available. Additionally, consider adding a commercial umbrella policy above and beyond your standard commercial auto policy to protect your business from a catastrophic vehicle accident claim.

How Much Does Commercial Auto Insurance Cost?

Just like your personal auto insurance policy, a commercial auto insurance policy is rated on many factors. Here are a few common examples of what could determine your insurance rate.

  • Driving records
  • Driver age
  • Credit history
  • The size & type of your vehicle
  • The number of vehicles you are insuring
  • What you plan to transport

Not Sure What Kind of Coverage You Need for Your Business?

That is where we can help.  Our agents can help determine what type of coverage will be the best fit for your specific needs. If you plan to use your vehicle for business and personal purposes, we can help you determine an appropriate type of policy. If you are only looking to cover your vehicle for business use, we can help find you the best rate. We will explain all of your options so you understand your policy. Get a free commercial auto insurance quote by calling or emailing us.