Archive | December 2015

2016-Will be a Fabulous Year!

From theJon Olson AgencyFarmers Insurance & Financial Services.png

We wish you and your family a very successful and prosperous 2016!

We still have a few 2016 pocket calendars (approximately 3″ x 5″) and 2016 magnets (approximately 4″ x 4″) left.  Leave a comment, drop by our office,  or send us an email to jolson3@farmersagent.com if you’d like one.

2016 calendars

 

 

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Tips for Insuring Your High Value Jewelry

Christmas is a popular time for new jewelry purchases.  Between engagements, holidays, and all of those jewelry sales, it seems like everyone has a few new trinkets by the time January rolls around.

If you’re investing in a new ring or receiving any special jewelry, then there are a few things you need to know about jewelry insurance!  Let me help….

Jewelry is part of the contents coverage on your Home or Renters policy.  It is covered on a basic level, but it’s usually not enough coverage if you have several nice pieces.  This coverage varies by policy so call us to find out exactly how much coverage you have.

But there is a special coverage you can ADD to your policy to insure each piece of jewelry!  It’s called “scheduled personal property.”

You simply send us a copy of the appraisal (sometimes a receipt will work too) and we can tell you exactly how much it will cost to insure it.  Many times it’s less than $20-30 per year (depending on the value).

We can also discuss how this coverage protects you if you lose the jewelry and if you’ll still owe a deductible.

Even if you don’t want to insure each piece of jewelry you own, you can still increase your overall jewelry coverage to make sure that there is enough to protect your collection.  You will still want to add photos, descriptions, and appraisals or receipts to your Home Inventory!

The holiday season is a magical time!  Make sure that your beautiful gifts are protected.  Call us today to get started!

Keys To Great Holiday Travel

Are you planning a trip during the holiday season?  If you’ll be hitting the road over the next few weeks (or anytime really!), here are a few important things to keep in mind.

BEFORE YOU LEAVE TOWN:

  • Get your oil changed and make sure your tires are properly aired up.
  • Leave some lights on in your home so it doesn’t look empty at night.
  • Call us to get a copy of your insurance card if you don’t have a current one.
  • Ask a neighbor or friend to pick up your mail or newspaper.
  • Pack some snacks! No one wants to be driving hungry (especially if you’ve got little kids riding in the back seat!)
  • Pack a car charger for your cell phone. Your phone is is your map and your emergency contact.  Don’t let it run out of battery power on your trip!
  • If you’ll be traveling in snow or ice, make sure to pack emergency supplies in your vehicle.
  • Plan to travel on off-peak days. It will mean less traffic, less stress, and a faster route to your destination.
  • Get a good night’s sleep! Driving fatigued is a leading cause of accidents.  Stay rested.

DURING YOUR DRIVE:

  • Wear your seat belt! Always.
  • Keep your gas tank at least half full. You never know how long it could be between gas stations or how bad the traffic could be.  Don’t run on empty!

 

And above all…be flexible!  Travel stress can ruin your holiday fun.  Plan to take your time and enjoy the ride!

 

Are Your Christmas Gifts Covered? 

This time of year, most of us are doing a lot of shopping!  Christmas gifts and holiday sales mean that everyone is buying a little bit more than normal.  So what does that have to do with insurance?

Let’s look at some common purchases and how you can make sure they’re protected!

Electronics – Did you purchase a new flat screen TV or Xbox on Black Friday?  Maybe a new laptop or some high dollar headphones?

All of these items are covered for theft or fire (or any other covered peril) by your Homeowners or Renters Insurance, but they are subject to your deductible.

However the BIG problem is that when someone has a major fire or burglary, they FORGET what they have!  It’s hard to remember every item in your home.

That’s why we recommend that you keep a Home Inventory of high-dollar items.  Save your receipts, take photos, or just keep a list.  Keep this info in a safe place (like a file backed up in the cloud), so that you can access it in case of a claim.  This isn’t required, but you’ll be glad you have it!

Guns, Jewelry, & Art – If you purchase high dollar, custom, one-of-a-kind, or collectors items, you need to contact us as soon as possible!  These items will be covered by your policy, but may be limited to an amount much less than what they’re worth.  If you contact us, we can review your policy and tell you exactly how much coverage is available and if you need to add these specific items to your policy.

And what about all of those gifts sitting in your car trunk?  Yes, it’s a great place to hide presents from the kids but here is the bad news – your auto insurance DOES NOT cover the contents of your vehicle.  That means that if someone breaks in and steals everything, it’s only covered by your Home or Renters policy.  And if you have a large deductible, you could be out of luck!  Get those presents into a safe location quickly and don’t keep them stored in your vehicles.

’Tis the season for lots of shopping!  Call us to make sure all of your possessions are properly protected!