Allied Spring 2005 Newsletter


Do you have enough coverage?

The amount of insurance you need can change a great deal from year to year. As a result, evaluating your insurance coverage should always be added to your annual to-do list. It is important to check for any gaps in your coverage and make sure you are properly protected.

Auto insurance – If you were in a serious accident, would you have enough coverage?

Check the types and amounts of insurance you have and make sure that your liability limits sufficient if you were to cause injury to others or their property. If you want to save money on your premiums, consider increasing your collision and comprehensive deductibles.

 Homeowners and renters insurance – No one like to think about the prospect of having their home burglarized or destroyed by a natural disaster. However, you need to be prepared for the possibility. It is essential to have enough insurance coverage to rebuild your home and replace its contents at today’s costs. You may also need additional coverage to protect your home  and its contents against a flood or earthquake. If you own valuable, unique items, you might need to insure them separately. Contact our agency if you’re concerned about any of these situations.

Personal umbrella policies – Most people, especially homeowners or those with substantial assets, should consider a personal umbrella policy. Personal umbrella coverage provides excess liability limits and broadens protection to include many situations that basic policy do not cover. The coverage is becoming more and more important as individuals are becoming increasingly willing to initiate litigation aimed at recovering large damage awards.

 If you have any concerns provide by your current policies, call our agency. We’ll be happy to answer any questions you have, or help you fill in any gaps in your insurance.

 

Gas pump safety

Drivers who get back into their cars in the middle of refueling can run the risk of igniting a fire through static electricity. Sliding across car seats and then touching the gas nozzle can create an igniting spark. The Petroleum Equipment Institution offers the following tips when refueling your vehicle: 

  • Always turn off the engine

  • Don’t smoke

  • Don’t sit in the car while filling up

For more information, log on to www.pei.org/static.

 

How safe is your home?

Keeping your home safe from the many potential safety hazards to you and your family can be harder than you might think. For example, do you know what items in your garage are potentially hazardous? Is your backyard really a safe place for your children to play? The website www.homesafetycouncil.org is one place to find answers to these kinds of questions. You can also find advice on how to do your own home improvements safely and how to child-proof your home.

 

The costs of speeding

It may be tempting to travel faster than posted speed limits, but according to the National Highway Traffic Safety Administration (NHTSA), speeding is one of the leading causes of motor vehicles crashes. The NHTSA reports that almost 1,000 deaths per month are a result of accidents involving speeding. Not only does speeding cost lives---it costs money, too. Expenses resulting from speeding-related accidents total nearly $40 billion each year.

 

Is your laundry room a fire hazard

If you’re like most people, you may often start the dryer and walk away without giving it a second thought. If dryers are not properly maintained, they can catch fire. Such fires have been responsible for nearly $100 million in damages in a single year.

Lint, dirt and other debris can accumulate in the vent due to improper maintenance. The limits air circulation and causes build up of heat. If the debris gets hot enough, it can catch fire.

There are some obvious indications that your dryer vent may need to be cleaned, including lengthy drying times, deactivation due to high temperatures, and increased heat and humidity in the area of the dryer.

Maintaining your dryer vent can help keep your dryer running safely. Here are some tips to consider:

  • Make sure the vent length does not exceed the dryer manufacturer’s recommendations. Include elbows, transaction and outdoor hood assemblies in your measurement. If the vent length exceeds the manufacturer’s recommendation, move the dryer or consider installing a booster fan.

  • Regularly inspect and clean the lint screen, duct and outdoor hood. Depending on the vent length, options include cleaning the vent yourself with the proper tools or hiring a professional to complete the job.

  • If you have a plastic, flexible duct, check it frequently for kinks. This type of duct is more likely to trap lint than ducts without ridges. You may want to replace it with a rigid or flexible metal duct.

  • Never run the dryer when no one is home, or when everyone is asleep. In the event of a fire, you want to be able to respond quickly.

 With regular maintenance, you can detect dryer vent problems before they become fire hazards.

 

Choosing a SAFE car for your teen

For a teenager, getting a driver’s license is an exciting time. As a parent or guardian, it can also be a very stressful time for you. The first years the teen spends behind the wheel are very risky—in fact, they have the highest death rates of any driver age group. You can help protect your teen driver by choosing a safe vehicle. Here are some tips to consider:

  • Don’t tempt them – Teen drivers often lack not only driving experience, but also the maturity of older drivers. So when you’re picking a vehicle with high performance features that could encourage speeding or other reckless driving.
     

  • Choose something stable – Higher centers gravity make sport utility vehicles – especially the smaller ones- inherently less stable than cars. As a result, abrupt steering maneuvers -  like the kind that can occur when teens are distracted or over-correcting a driver error—can be more likely to cause rollovers. A more stable car would be more likely to simply skid or spin out.
     

  • “Size up” the vehicle -  Teenagers should drive cars that offer good protection in case they do crash, and large vehicles offer much more protection than smaller ones. This doesn’t mean you should put your teen in the largest vehicle available. Many mid-to full-size cars offer more than adequate crash protection. Consult a vehicle’s safety ratings if you have any questions.
     

  • Avoid older vehicles – It may be hard to imagine, but handing over the keys to a brand new vehicle may be the best choice. Most of today’s cars are better designed for crash protection and offer more safety features could mean less cost when it comes time to insure your U.S. Department of  Transportation (http://www.dot.gov/) or the Insurance Institute of Highway Safety (http://www.iihs.org).

 

TSM Insurance & Financial Services - Copyright 2005 - License #0288149 - Privacy Statement