Lawley Genesee Insurance is proud to partner with Nationwide Agribusiness, the nation's number one farm insurer. We want to protect Rural America.
Wednesday, August 13, 2014
Lawley Genesee Insurance partners with Nationwide AgriBusiness
Friday, May 16, 2014
Eight Surprising Comprehensive Auto Insurance Perils
Even the most careful drivers occasionally get
into accidents -- that's why auto insurance was created. But your car can be
damaged even if you're not in a crash -- which is why there's comprehensive
auto insurance. Comprehensive is an optional coverage, and without it, you
might just be left holding the bag financially, according to the Insurance
Information Institute.
Simply put, comprehensive is coverage for events "other than collisions." And here are eight things that you might not realize are covered by your comprehensive auto insurance policy.
Simply put, comprehensive is coverage for events "other than collisions." And here are eight things that you might not realize are covered by your comprehensive auto insurance policy.
1. Earthquakes and
Floods
Homeowners insurance policies may exclude earthquakes and flood, but your comprehensive auto insurance is truly comprehensive when it comes to disasters. Hurricanes, tornadoes, volcano eruptions, earthquakes, and floods -- they're all covered.
2. Fire, Even When Caused by a Car Defect
Vehicle fires occur every 96 seconds in the United States, according to the National Fire Protection Association, and although non-crash fires are rare, some are caused by electrical problems or a defective fuel system. Indeed, nearly every major car company has recalled one of its vehicles due to a fire-related defect. A new study from the Highway Loss Data Institute shows that the claim frequency for vehicles with fire-related defects -- prior to a recall -- is 23 percent higher than for other vehicles.
3. Rodent Damage
A squirrel snuck into your garage and gnawed through your car's wiring system? Unlike homeowners insurance, which excludes damage caused by pests, your comprehensive auto policy may provide coverage; check your policy carefully to be sure.
4. Meteorites and Asteroids
Okay, there's a pretty slim chance your car will get hit by an asteroid, but it's not out of the realm of possibility, and if it happens, you would be covered by your comprehensive policy. More importantly, the coverage extends to almost any type of falling object, including hail, trees, and the neighbor's kid's baseball.
5. Riots
Unfortunately, every now and then, a victory celebration or peaceful protest can get out of hand and morph into a full-blown riot. If your car were to get caught in the middle, any damage resulting from the incident -- from being flipped or from such things as explosions, fire, and smoke -- would be covered. The same goes for acts of vandalism.
6. Deer, Birds, or Other Animal "Contact"
Watch out for that deer! An estimated 1.22 million deer-vehicle accidents occurred in the United States between July 1, 2012, and June 30, 2013. But deer aren't the only animals that can damage your car. Bears have a habit of breaking into cars around national parks, looking for food that visitors leave behind. Your trail-mix supply might be a goner, but with comprehensive auto insurance, you won't have to "bear" the damage alone.
7. Theft
According to the Federal Bureau of Investigation, more than $4.3 billion were lost to motor vehicle theft in 2012, and the average dollar loss per theft was $6,019. Nobody wants his or her car to be a crime statistic, but at least you would be covered if your car disappears in the night.
8. Broken Windshield
A cracked or shattered windshield is a fairly common occurrence. If a piece of gravel or other road debris suddenly puts a ding in your vehicle's windshield while you're driving, it can quickly spread and become a large and dangerous crack. In fact, in many states, it is illegal to drive with a cracked or broken windshield. Not only is such damage covered by your comprehensive policy, but also many companies offer the option of no-deductible coverage for glass damage specifically.
Check with your insurance professional to find the best auto coverage for your situation; in many cases, a policy that combines liability with comprehensive and collision coverage provides the full breadth of insurance coverage you need, especially on a newer car.
Homeowners insurance policies may exclude earthquakes and flood, but your comprehensive auto insurance is truly comprehensive when it comes to disasters. Hurricanes, tornadoes, volcano eruptions, earthquakes, and floods -- they're all covered.
2. Fire, Even When Caused by a Car Defect
Vehicle fires occur every 96 seconds in the United States, according to the National Fire Protection Association, and although non-crash fires are rare, some are caused by electrical problems or a defective fuel system. Indeed, nearly every major car company has recalled one of its vehicles due to a fire-related defect. A new study from the Highway Loss Data Institute shows that the claim frequency for vehicles with fire-related defects -- prior to a recall -- is 23 percent higher than for other vehicles.
3. Rodent Damage
A squirrel snuck into your garage and gnawed through your car's wiring system? Unlike homeowners insurance, which excludes damage caused by pests, your comprehensive auto policy may provide coverage; check your policy carefully to be sure.
4. Meteorites and Asteroids
Okay, there's a pretty slim chance your car will get hit by an asteroid, but it's not out of the realm of possibility, and if it happens, you would be covered by your comprehensive policy. More importantly, the coverage extends to almost any type of falling object, including hail, trees, and the neighbor's kid's baseball.
5. Riots
Unfortunately, every now and then, a victory celebration or peaceful protest can get out of hand and morph into a full-blown riot. If your car were to get caught in the middle, any damage resulting from the incident -- from being flipped or from such things as explosions, fire, and smoke -- would be covered. The same goes for acts of vandalism.
6. Deer, Birds, or Other Animal "Contact"
Watch out for that deer! An estimated 1.22 million deer-vehicle accidents occurred in the United States between July 1, 2012, and June 30, 2013. But deer aren't the only animals that can damage your car. Bears have a habit of breaking into cars around national parks, looking for food that visitors leave behind. Your trail-mix supply might be a goner, but with comprehensive auto insurance, you won't have to "bear" the damage alone.
7. Theft
According to the Federal Bureau of Investigation, more than $4.3 billion were lost to motor vehicle theft in 2012, and the average dollar loss per theft was $6,019. Nobody wants his or her car to be a crime statistic, but at least you would be covered if your car disappears in the night.
8. Broken Windshield
A cracked or shattered windshield is a fairly common occurrence. If a piece of gravel or other road debris suddenly puts a ding in your vehicle's windshield while you're driving, it can quickly spread and become a large and dangerous crack. In fact, in many states, it is illegal to drive with a cracked or broken windshield. Not only is such damage covered by your comprehensive policy, but also many companies offer the option of no-deductible coverage for glass damage specifically.
Check with your insurance professional to find the best auto coverage for your situation; in many cases, a policy that combines liability with comprehensive and collision coverage provides the full breadth of insurance coverage you need, especially on a newer car.
Copyright © 2014 International Risk Management
Institute, Inc. (IRMI). All rights reserved.
Monday, March 17, 2014
Why You Need Uninsured Motorists Coverage
With all the different factors that
enter into the automobile insurance purchasing process, it is important for you
to be well informed in order to make intelligent decisions. One such decision
concerns whether to purchase uninsured motorists (UM) and underinsured
motorists (UIM) coverage.
UM coverage provides insurance
protection for bodily injury, and in some states property damage, caused by a
motorist who is not insured. This coverage allows you to collect from your own
insurance company as if it provided liability coverage for the negligent and
uninsured driver. In contrast, UIM coverage provides insurance protection for
bodily injury, and in some states property damage, sustained by you when a
motorist who has liability insurance (but is still not sufficiently insured)
negligently causes an accident. The following list provides reasons why you
should procure UM/UIM coverage.
§
The
chance of a negligent uninsured motorist hitting you is greater than you might
think. In some states, up to 26 percent of all drivers lack automobile
insurance. The countrywide average is 14 percent.
§
UM
and UIM coverage is broad, since it provides benefits for you and your family
members' injuries sustained (a) in your own covered auto, (b) in autos you do
not own, and (c) as pedestrians.
§
The
cost for this coverage is very reasonable, compared to liability coverage and
physical damage coverage for your own car. The increased costs for higher
UM/UIM limits are quite affordable for most people.
§
If
your car is damaged by an uninsured driver, the deductible for UM property
damage, if available in your state, is normally only $250. This amount is often
considerably less than your collision coverage
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