Service Line Breakdown Coverage

Service line failure can lead to unexpected losses that you may not be prepared for. These losses are not typically covered under a standard homeowner’s insurance policy. Homeowners insurance can help cover some of the costs, but the coverage does not include service lines in most cases. So, what’s the best option? Consider adding Service Line Breakdown coverage to your homeowner’s policy.

 

What is Service Line Breakdown Coverage?

Service Line coverage provides the policyholder protection for damage to underground piping, wiring, valves, or attached devices that connect a home to a public utility service provider or a private system.

What are some things that this policy would cover?

This policy may seem a little tricky to understand. Here’s an example of why you would need a service line breakdown policy. Say there’s a particularly cold winter night, and the pipe connecting the public water pipe from the street to your home bursts. Depending on your service line breakdown policy, you could be covered for the cost of replacing the pipe plus the damage you incurred because of it. This scenario is just one example but imagine all the unforeseeable possibilities where this coverage would be a lifesaver.

What does this kind of coverage include?

When you purchase service line breakdown coverage, you’ll have protection for:

  • Damage to your service line because of a service failure
  • Costs to make temporary repairs
  • Outdoor property damage from the result of a service line failure
  • Additional living expenses and fair rental value if necessary

Ask your insurance agent for more details regarding your policy and coverage.

Is service line breakdown coverage something you need to add to your homeowner’s insurance policy? Or maybe you’re not sure if it’s necessary? We can help you figure it out! Give us a call and we’ll make sure you have all the coverage you need.

Why You Should Consider Umbrella Insurance

No matter how careful you are, accidents can happen. If an accident occurs and you were the cause, your hard-earned assets could be at risk. The cost of the property damage or injuries you may have caused to other parties could exceed the limits of your insurance policies. In fact, this is not uncommon at all. However, an umbrella policy would protect you over and above the limits of your auto policy. This kind of coverage could make the difference between security and financial hardship. Read on for more reasons why you should consider umbrella insurance.

 

Protection from Unexpected Lawsuits

Lawsuits are probably not on the list of things you have to worry about. Who’s going to sue you anyway? Nevertheless, the truth is that costly lawsuits are relatively common. For example, someone could slip on your driveway and break their ankle. Even if you think it’s not possible, you could definitely be sued. An Umbrella Policy protects you from financial ruin in the case of an unexpected lawsuit.

What an Umbrella Policy Covers

Umbrella insurance protects you over and above your car and homeowner’s insurance policies. It provides added protection on top of what you already have. Your umbrella insurance would kick in once your other policies were used to their limits. A simple method to determine how big of an umbrella policy you need is to add up your assets’ total worth and compare them to the total liability coverage you already have. If your total assets’ value is greater than your liability limits, an umbrella policy will help to cover that gap. On average, umbrella policies start at $1 Million and can go as high as $10 million if you qualify. Rates also aren’t as high as you may think. Ask your insurance agent about umbrella insurance and if it’s right for you.

 

Ready to purchase umbrella insurance? We can help get you the perfect policy. Give us a call today!

Understanding the Homeowner’s Insurance Claim Process

In the best-case scenario, you would never need your homeowner’s insurance. But unfortunately, things happen, which is the entire purpose of purchasing a homeowner’s policy. So once something does happen, what do you do? You file a claim, of course. Read on to learn more about the homeowner’s insurance claim process.

 

Safety First

First things first, make sure everyone in your household is safe. If the claim involves a crime like a break-in or theft, call the police first. Once you’ve been provided with the “all-clear” to re-enter your property, then you can contact your insurance company.

Time to File a Claim

You can usually file a claim by phone or online. The first step is to contact your insurance agency and get the claim process started. Your agent will ask you relevant questions to get all the information they need for the claim. Once your claim is filed, it will be assigned to a claims adjuster who will give you a claim number and explain the next steps.

Document the Damage

If possible, it’s important to take detailed pictures and videos of all the damage related to your claim. Don’t throw away any damaged items unless you’ve gotten the go-ahead from your insurance company. If any emergency repairs are needed to make your property safe, make sure you check with your claims adjuster. There may be a protocol in place for emergency repairs.

Keep Records

Be sure to keep copies of all estimates, receipts, or any documents related to your insurance claim. It’s essential to keep your own records separate from what your insurance company is keeping.

Wait for Your Reimbursement

Before any money changes hands, you may need to have your insurance adjuster visit your home to assess the damage and necessary repairs. Once all is approved, your insurance company will let you know how much will be covered and if the repair companies will be paid directly or if you’ll be reimbursed.

 

Have questions about the homeowner’s insurance claim process? That’s what we’re here for! Give us a call today!

Does Car Insurance Cover Repairs

Owning a car is a big responsibility. You have the cost of the vehicle, maintenance, and insurance – which can all add up. But if your car breaks down and needs a repair, is that covered in your insurance policy? Read on to find out.

 

When Your Car Insurance Covers Repairs

If you’re involved in a car accident or your car is damaged due to fire or theft, your insurance policy may cover it. You first need to file a claim and talk to your insurance company, but your insurance will cover those repairs in most cases. That, after all, is the whole purpose of car insurance – to cover repairs and damage caused by an accident. However, repairs needed because of normal wear and tear are not covered in your policy.

Breakdowns and Routine Maintenance

Regular car maintenance like oil changes and tire rotations are not covered under your car insurance policy, so you’ll have to pay out of pocket for those. If your car breaks down due to engine failure, that will more than likely not be covered. However, lots of car insurance policies include roadside assistance. This coverage means your costs for tows, and sometimes even rental cars, may be covered. To be clear on what is and is not covered by your car insurance, be sure to read through your policy and ask your agent any questions you may have.

What Comprehensive Coverage Covers

Besides collision insurance, you may carry something called comprehensive coverage. This type of coverage can include damage to your car from things like fire, theft, natural disasters like earthquakes or storms, and even animal damage. If a squirrel builds a nest in your engine, you may be covered through your comprehensive coverage!

 

Not sure what your car insurance policy covers? Give us a call and we can help make sure you have the coverage you need.

Do I Need Business Interruption Insurance

Running any company can be complicated. That’s why having the right kind of business insurance is crucial. But on top of the traditional policies, is there anything else you need? Business interruption insurance, or sometimes called business income insurance, is a crucial policy that could be a lifesaver if you have to close your business unexpectedly for a temporary time period. Read on to learn more.

 

What is Business Interruption Insurance?

Business interruption coverage would replace business income lost in the event of a disaster. The events usually covered are things like fires and natural disasters. It’s not a separate policy, but instead additional coverage that is added or included in your property or casualty policy. It could also be included in a comprehensive policy as an add-on or a rider.

How does it work?

The premium for your business interruption insurance, or the additional cost of the rider, are considered tax-deductible and count towards business expenses. The policy will only pay out if the cause of the income loss is listed as covered in your property or casualty policy. Your past business financial records usually determine the amount paid to you. The coverage usually lasts until the end of the period, which will be listed in your policy. Most policies are for 30 days but check with your agent for specifics. Keep in mind that there may be a waiting period of up to three days.

What does it cover?

Here is a breakdown of what most business interruption coverage includes:

 Revenue you’d typically make if your business was open

  • Mortgage, rent, or lease payments
  • Loan payments
  • Taxes
  • Payroll for your employees
  • Relocation costs
  • Training costs for new equipment

 

Think you may need business interruption insurance? Give us a call today! We can make sure you have all the coverage your business needs.

Motorcycle Safety Tips

Driving a motorcycle requires a different set of skills than driving a car. However, you need to follow the same set of rules that all drivers have. A little education combined with common sense and quick thinking can go a long way to avoid accidents while on your bike. Here are some motorcycle safety tips to help you enjoy your rides.

 

Always Wear a Helmet and a Face Shield

This tip falls under the commonsense criteria, but you’d be surprised how many riders tempt fate by not wearing a helmet. A helmet should always be worn when on your motorcycle. A rider is five times more likely to sustain a serious injury during an accident if not wearing a helmet. To protect your eyes, be sure to wear a face shield or protective eyewear.

Wear Protective Gear

Motorcycle gear isn’t just about looking cool. Protective gear and clothing will help minimize the amount and severity of injuries during an accident or a skid. Leather clothing, non-skid soled boots, and gloves can all help protect you. In addition, reflective tape strategically placed makes it easier for other drivers to see you while on the road.

Follow Traffic Laws

Don’t ride above the speed limit. The faster you’re going, the longer it will take to stop, so speeding is just dangerous. Don’t assume that car drivers can see you. Unfortunately, 2 out of 3 motorcycle accidents are caused by car drivers that don’t recognize a rider’s right of way. So, stay out of blind spots and ride defensively.

Take Care of Your Motorcycle

Be sure your bike is fit to ride before taking it out on the road. Check your tires, turn signals, headlights, taillights, and fluids before hitting the highway.

 

Follow these simple safety tips, and you’ll be able to enjoy your motorcycle rides safely.

Fun Summer Activities Other Than the Beach

If you’re lucky enough to live close to the shore, then you probably spend quite a bit of time at the beach during the summer. The truth is, nobody gets sick of the ocean, but there are other things to do than sit on the sand and soak up the rays. Here are some fun summer activities to try with your friends and family this year.

 

Park Picnics

Picnics are underrated if you ask us, and we should all be enjoying them more often. When was the last time you packed up a lunch and sprawled out on the grass to eat it? Summer is the perfect time to enjoy dining outdoors, and picnics are the most fun way to do that. Not only are picnics a great way to gather family and friends in one spot, but they’re also mostly free! If you have a basket or tote bag lying around, you can easily pack on. Just include a clean blanket, utensils, plates, and yummy finger foods like sandwiches and snacks – and you’re good to go!

Yard Sales

Yard sales may not seem like a fun activity, but they are a great way to bring the community together and clear out some clutter at the same time. Consider checking with your neighborhood for any designated yard sale dates. You could even partner with a local charity or non-profit, so your proceeds go for a good cause.

Local History and Walking Tours

The state of New Jersey is full of historic towns jam-packed with rich stories and landmarks. Consider doing a local walking tour or visiting a historical museum. If you’re brave, you may even be able to find some ghost and haunted house tours! Many shore towns offer lighthouse tours as well. Check your local town websites for more information.

 

Enjoy your summer and explore your community!

What You Should Pack for Any Summer Road Trip

Summer road trips are so much fun. And if you prepare a little ahead of time, you’re sure to make plenty of lifelong memories. Packing the right essentials for any road trip can make the difference, so here are some tips for what to include.

 

Travel Pillows and Blankets

At some point, you’ll be sleeping in your vehicle. Even if you don’t plan to, road trips always include some car sleeping. To make this as comfortable as possible, be sure to bring travel pillows and blankets. If you have room, plain old pillows will work. However, there are foldable travel pillows available that allow for more packing room.

Spare Tire

There’s nothing more frustrating than a flat tire in an unfamiliar place. That’s why having a spare tire, jack, tire iron, and knowing how to use them are essential. Brush up on your tire-changing skills shortly before leaving for your trip, and make sure the spare tire is inflated.

Emergency Car Kit

Your emergency car kit should have things like flares, jumper cables, gloves, rope, and a first aid kit. These items could prove to be very useful if the unexpected happens.

Owner’s Manual

This item may seem like a given, but you’d be surprised how much frustration your owner’s manual can save when an unknown indicator light pops up hundreds of miles from home. If you’re renting a car, make sure you know where the owner’s manual is before leaving.

Extra Water

Always pack extra water in case you need some during the trip. An additional case of water is especially helpful in the unfortunate event your car breaks down during the summer.

 

Make sure you follow these easy packing tips so you can enjoy your summer road trip safely!

Insurance Bundling vs. Umbrella Insurance

Insurance is a great way to have peace of mind that when something goes wrong, you have some sort of monetary coverage. There are so many kinds of insurance policies available. Car, motorcycle, home, jewelry – the list goes on. But not every policy offers total coverage and depending on your needs, you may need several. That’s where insurance bundling comes in. But if you bundle, do you still need a personal umbrella policy to make up the difference? Let’s take a closer look.

 

What is bundling?

Insurance bundling is when you purchase multiple types of insurance policies from the same provider. This way, all your insurance policies are in one place, making it more convenient and less complicated. For example, if you have home, car, and motorcycle insurance from the same provider, you only have one number to call to deal with any questions or claims. This also helps save you money since most insurance providers will offer a discount for bundling. You can expect significant discounts the more policies you bundle.

What is Umbrella Insurance?

An umbrella policy is a bit different than the other policies you probably hold. When you purchase umbrella insurance, it covers the amount above the limit set in your individual policies such as home, auto, boat etc. Umbrella insurance is extra insurance that provides protection beyond existing limits and coverages of other policies. It doesn’t just cover you, but also the other members of your household. It’s relatively inexpensive compared to other policies.

Do you still need an Umbrella policy if you bundle your insurance?

Even with insurance bundling, an umbrella policy will protect your assets in the event of a liability claim when your primary policy limits are exhausted. Insurance bundling saves you money and makes handling your policies convenient, but it doesn’t provide you with extra coverage.

 

Have questions about insurance bundling or interested in purchasing an umbrella policy? We can answer all your insurance-related questions. Give us a call and we’ll get you the right coverage today!

The Benefits of Bundling Your Insurance

Between your car, your home, your boat, or anything else valuable you may own, there’s a lot of insurance policies to keep track of. Insurance bundling offers a way to purchase several policies from the same provider. This has multiple benefits that we’ll explore in this blog. Read on to learn more.

 

Saving Money

The number one reason many customers decide to bundle their insurance policies is the discounts. Many insurance providers offer significant discounts – sometimes up to 25% off! – for bundling certain policies. This can save you a large amount of money over time. The more policies you’ll need, the more money you could save! We also have the ability to bundle with multiple insurance companies which gives you additional flexibility with your coverage options.

Convenience

It’s hard to keep track of normal day-to-day life, let alone all the different insurance companies you’d have to keep track of if all your policies were separate. It’s nice to know if you have a question or need to file a claim for anything, you know what company to call. This can make things a whole lot easier, especially if you need to file a claim with more than one policy. It also means your insurance agency is more aware of your insurance needs and can make helpful suggestions along the way if you ever need a change to a policy.

Stability

If you have to file multiple claims, say in the event of a fire or some sort of accident, you could be at risk of being dropped by your insurance company. However, if you bundle your insurance through that company and have several policies, they are less likely to drop you as a customer due to a single claim event. In a sense, bundling your insurance makes you a VIP customer.

 

Are you interested in bundling your insurance? We offer several different ways to do so and have been bundling insurance for 31 years. Give Leigh Agency a call today and we’ll be sure to get you all the policies you need at the best price.