All posts by Brooks & Stafford

5 Safety Tips for a Memorable Spring Break

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(Spring Break Safety Tips)

Spring Break

Spring break is right around the corner for many schools, and everyone will be flocking to the vacation destinations of their choice. Everyone wants to have a memorable break with their friends and family, but the truth is the spring break environment can be very dangerous. Here are five safety tips you can follow so that your spring break is a fun, safe, and memorable one:

1. Stick with your Friends

Use the buddy system. Make sure you don’t lose track of any of your friends.

2. Don’t Drink and Drive

This is an obvious one, but still a necessary one. Be sure to have a designated driver if you are driving some place far away. Consider downloading a rideshare app like Uber or Lyft if no one can drive.

3. Drink Safely and Avoid Alcohol Poisoning

Everyone wants to party and have a good time during their break, but don’t overdo it! The last thing you need during your break is a trip to the hospital.

4. Avoid Dehydration

Drink plenty of water. Drinking out in the hot sun will make you dehydrated and can put you at risk of heat stroke. Keep a water bottle with you during the day.

5. Stay Safe at your Hotel

Lock up all valuables in your hotel safe, like laptops, wallets, etc. when they’re not in use. Be sure to lock your hotel door when you leave your room as well.

Spring break is supposed to be a fun time where you can escape the daily grind and relax. These tips will help you avoid dangerous situations and stay out of hospital. In case you are worried about anything that could happen, why not get a quote on our travel insurance policies? You can never be too prepared. Stay safe, and happy spring break!

Cybersecurity: Are You Secure?

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Cybersecurity: Brooks & Stafford

Cybersecurity needs to be top of mind in the digital age. It’s normal for us to see people walking up and down streets with their phone in their hands. They’re either talking on the phone, texting someone, or looking through an app of some sort. And with technology becoming more advanced as time goes on, we will only be seeing much more of this. Various information, such as our credit card numbers, account passwords, and even our current location, can all be found by going through our phones. You wouldn’t want someone to get their hands on this information and have it become available for anyone to use.

This is what we use cybersecurity for. Cybersecurity protects your personal information from
potential hackers. Are you cybersecure? Do you know how to be cybersecure? If not, then here
are some helpful tips on how to be cybersecure:

Secure Your Passwords

Next, people commonly have the same behavior when it comes to passwords; they write them down,
they use the same password for every account, they keep it simple, etc. In addition to, if your password is just “password” or “guest,” then congrats on having the most common passwords out there. Your
passwords should be complex and hard for hackers to pick out. Capital letters, lowercase letters,
numbers, and special symbols (i.e. !@#$%&) should be used in each password made. The more
complex your password is, the better your password is, which means your information is that
much safer.

Authentication Methods Improve Cybersecurity

Also, many websites require you to authenticate yourself or verify who you are before proceeding on
with the site. But for some of our devices and accounts, it is an optional yet highly
recommended setting that you can turn on. Having this extra step to get to your information
will help you be more protected in the event of some type of security breach. There are
numerous methods of authentication that you could use. One such method is to use a
confirmation email, which is an email sent to you while attempting to access an account that
contains a link for you click on. This link will verify that the person logging on is you, allowing
you to proceed to your account.

Another method is to use a temporary code that is texted to
your phone. The codes usually last for about a minute at a time before becoming useless to
help prevent other people from gaining access to your account. In the case of some automated
program trying to access your information, you could use a captcha. This will require the user to
type in some letters or numbers that “robots” can’t read. Having authentication requirements on
your accounts, such as the confirmation emails, the temporary codes, and the captchas, will
make all of your personal information much safer.

Keep All Programs and Applications Up to Date

Over time, hackers can figure out ways to easily break into old programs. By keeping programs
and applications up to date, the hackers will need to relearn how to break into these programs
thanks to new security measures that may be in place. This is a very simple security measure and
it will make that much of a difference in your cybersecurity.

Be Careful About Your Wi-Fi and Bluetooth Connections

These sneaky methods of hacking are very dangerous to your devices. When connecting to a
Wi-Fi network, make sure that you connect only to trustworthy ones. Therefore, Connecting to a random
Wi-Fi network could potentially give a hacker access to your device and your information. This
also goes for Bluetooth connections. If you connect to a random device on Bluetooth, it could
also give hackers access to your information. Because devices may also connect to you
automatically, it might be best if you turn off your Bluetooth connectivity when not in use. By
being careful about your connections, your personal information will be that much safer.

Take Care of What You Post on Social Media

People love to post pictures and statuses on social media to see what other people think. As a result,
you have to be careful of what you post and where you post it. Be sure to keep your social
media accounts set to private. If set to public viewing, anyone could be reading what you post.
For example, if someone you don’t know sees that you’re going on vacation soon, it would tell them that your home is free to rob while you’re gone.

Be wary of what you post and make sure your account settings are safe enough to your liking, as these settings may help prevent a real-life security breach on your personal belongings.

Cybersecurity: Brooks & Stafford

In conclusion, These tips will help you stay safe from cyber attacks on your phones and computers. Hopefully you will take them into consideration and double check your devices to make sure you’re safe
from any hackers. By doing that, your personal information will be much safer and you will be
much more cybersecure.

Safe Driving in the Winter

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Winter might be the most wonderful time of the year, but it doesn’t come without its vices. And there are a lot of vices.  From ice to slush to being snowed in, winter is a very unpredictable time for everyone behind the wheel. The last thing you want to happen is to get into an accident caused by sliding around on some ice or snow while on your way somewhere. Here are some useful tips to help you make it through winter safely.

Slow Down

This might be the biggest thing to do during the winter. If you’re on a road that isn’t properly salted or cleared, slow down. It doesn’t matter if you’re running late to a meeting or an appointment. It’s best to show up late than to possibly not show up at all. You are also more likely to avoid accidents that require emergency stopping by already going a slower speed. Also, be sure to watch your speed when coming down poorly plowed or salted hills. Your car may go down at an uncontrollable speed thanks to slipping and who knows what awaits you at the bottom of the hill.

Be Sure that your Car is Equipped for the Winter

Make sure that your car is winter ready. Will your tires work well with the snow? Do you have some emergency supplies in the car in case of an emergency? Are your brakes sufficiently functional? If you have thought twice about any of these things, check your car and make sure. If it isn’t ready, you’ve got some prep work to do before the first wintry storm hits. Look at the treading on your tires. If your tire treading is worn out, it might be time to invest in some new tires. If you get snowed into your car, what are you going to do? If you don’t have anything to warm yourself up with in the car, you risk getting hypothermia by the time help arrives. Be sure that there are blankets and other emergency supplies in your car, such as an ice scraper, flares, water, matches, and a cell phone charger. Having snacks with a long shelf life in the car may also be helpful. Finally, checking your brakes, as well as the rest of your car, is a great way to make sure you’re set for the season. Having a professional inspect your car might be wise if you don’t know what you’re doing.

Think Smart

Question what you’re doing before you do it during this time of the year. If you’re tired and about to drive, question whether or not you should actually be driving now. Perhaps another person could drive you. Or maybe you should get some coffee in your system as a pick-me-up so you don’t risk falling asleep while driving. If where you’re driving to isn’t a necessity, do you really need to go drive now? Stay at home and wait for the snow to clear up before driving. There’s no need to risk getting into an accident when driving to a store or a neighbor’s house. A drive in a snowstorm is not worth the potential damage you can cause to your car and anything you hit.

Are you trying to warm up your car so it’s nice and comfy when you finally get to driving? Is the car you’re warming up sitting in your garage? If you said yes to that second part, do not turn on your car. You risk dying from carbon monoxide poisoning by running an engine in an enclosed space. Warming up your car should be something you do when your car is outside. If it’s inside, just warm up the car while driving. It might be cold for the first couple minutes, but you’re better off dealing with the cold than the carbon monoxide.

There are plenty of things you can do to make sure that your winter is a fun and safe one, but the most important thing to do is to be smart. Winter can be a treacherous time of year for drivers. It is the responsibility of the driver to make sure that they are able drive when they need to. Don’t drive around unnecessarily and always be equipped in case of emergencies. Follow these tips to ensure a safe winter. This time of year is also a great time to check your policies in case anything unfortunate happens. Feel free to call Brooks & Stafford and get a quote today.

Halloween: The Good, the Bad, and the Scary

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Halloween: Brooks & Stafford

It’s almost that time of the year that celebrates everything spooky and creepy. Halloween is a time for all things scary. Just be sure to take extra care when bumping around in the night. Who knows what dangers could be out there? Here’s some advice to take into consideration this Halloween.

Watch for the Tricks and Go for the Treats

When taking family out around the neighborhood, be careful of where you walk. Not everything can easily be seen at this time of the year.  Piles of leaves lining the sides of roads could also be masking a variety of dangers, such as trenches or holes. Be sure to avoid traffic if you live in a neighborhood with no sidewalks. Make sure your children won’t be falling over themselves in their costumes. Nothing quite ruins Halloween like a trip to a doctor.

Be Wary of the Tricks While Handing Out the Treats

Some houses love to show off their true Halloween spirits this time of the year by letting people inside for a haunted house of sorts. Be sure that these entrants are only staying in the allowed part of the house. You may be handing out candy, but you don’t want to unintentionally hand out your valuables as well. Be careful of where you place your decorations as well. Make sure that nothing is in the path of any visitors to your house. Furthermore, make sure you have nothing flammable nearby any open flames, such as jack-o-lanterns and candles.

For the Adults

Halloween: Brooks & Stafford

Halloween is also a time to dress up and party with your friends. If you’re hosting a Halloween party this year, the previous rules still apply. Watch where you put your decorations and make sure everyone stays where they’re supposed to be. In addition to that, make sure that anyone drinking has some means of transportation, whether it’s a designated driver, a taxi, a rideshare service, etc. The less accidents out on the road during Halloween weekend, the better.

These pieces of advice will ensure that you have an enjoyable Halloween. One last piece of advice to impart: Have fun! Halloween is a time to scare the pants off of everyone and laugh about it. Just don’t end up scaring yourself into the hospital. If you’re worried about that happening, call up Brooks & Stafford and get a quote today!

Home Buying Process Simplified for Millennials

By | Business Insurance, Educate, Millennials, Personal Insurance, Uncategorized | No Comments

As millennials get older, understanding the home buying process is essential.

Picture of home: home buying process

During your 20’s, you are in your prime. You are continuing to find ways to start new chapters in your life. You graduate college, then you start your first job, next you rent your own place, and finally you are completely financially independent.

Once, you start to progress in life and start seeing increases in your bank account. You realize that most of that money is going to rent. You ask yourself, “Should I buy a home?”

This is the first step in the home buying process.

1. Decide If You are Ready to Be a Homeowner

The early phases of buying a home are exciting as you have limited responsibilities. You have no property to sell because you are simply renting. As the buyer, you have all the power and flexibility to choose what you want.

However, along with this freedom of choosing your dream home, considering if you are ready to make this commitment mentally, physically, financially is crucial. Ask these 5 Questions to Determine if You are Ready to be a Home Buyer.

Buying a home is a huge commitment mentally. You must be ready to live there for an extended period of time. Depending on the loan and monthly payment, it could take you over 15 years to pay off your house.

Answer these questions to determine if you are ready for the commitment.

This means not being able to hop around at will and relocate freely. If you do plan to commit mentally, do you plan to have a family? Will you be happy staying at your current job? All of these questions need to be asked when considering buying a home.

Physically, owning a home can be tough. Homeownership comes along with a lot of responsibility as you must take care of your lawn, maintain the structure (roof, exterior, interior, etc.), and be ready to fix it if breaks.

If your hot water take breaks or your furnaces blows out, be ready to take cold showers and live without heat. This is your home so this means this is your responsibility to take care of it. In these situations, you are most likely going to hire a contractor. But what if your windows need to be replaced? There’s a leak in your ceiling or your carpet needs repair?

These smaller tasks can be do-it-yourself jobs. Not only would it save you money, but it will take up your time and physical energy to figure it out. Hopefully you can keep these inconveniences to a minimum, but if you are faced with them keep this complete DIY Guide handy.

Now you have understood the commitment it takes to own a home mentally and physically, what about financially? This leads me to the next part of the home buying process:

2. Understand Your Finances

You should know down to the tee how much your monthly expenses are currently before you go any further in the home buying process. This is extremely important as your planning to make a huge purchase that could be an unpleasant financial burden if not planned out accordingly.

Think about your standard of living right now. How much money do you make right now per month? What type of house could you afford?

These questions must have definitive answers as your realtor and bank will provide variants. It is not uncommon for a bank to quote you for a mortgage that is 2x more than you can afford.

Understand the 30/30 Rule to Understand the Home Buying Process

The rule of thumb to use when deciding what type of house you can afford in the home buying process is using the 30/30 principle. This law states that you must be able to put down 20% of the total price and have 10% buffer left in the bank to cover any unexpected expenses.

For example, if you are looking to buy a $300,000 home you must be able to put down $60,000 and have $30,000 saved up in your bank account.

The theory driving this principle is that: The best time to purchase property is when you can afford it.

Follow the 30/30 rule and you should be prepared for the purchase, but if you are yet to have your money right make sure you take the steps necessary to save for your down payment.

In addition to saving up for your down payment, you need to make sure your credit score is in check when applying for loans. Aim for anything above 700 to ensure a reasonable interest rate on your mortgage.

Keep in mind any expenses that you are currently obligated to (those dreaded student loans) and combine them with all the unexpected expenses that come with owning a home.

To name a few, home inspections, property tax, insurance, and maintenance can add up. This is only the beginning so make sure you check out 11 Hidden Costs of Owning a Home.

Now that you understand where you are financially and where you need to be at, you need to find the right home as the next step in the home buying process:

3. Prospecting the Right Homes

Now, there are many factors when picking out the perfect home for you or yourself and spouse. This includes price, current condition of the home, location, and the market.

Knowing all the costs in addition to the retail price for a home, the costs can be expensive. In order to make this huge commitment physically, mentally, and financially you must understand your needs.

Do you want to live in the peaceful countryside? Would you prefer being in an upscale urban area or would you prefer a nice suburban area to start a family?

What lifestyle do you want to live?

The answers to these questions depend on the lifestyle you want to live. Do you want to start a family? Do you want to be close to the city for the social aspect? Would you rather live in the country side to pursue your outdoor hobbies?

Many of these questions have to deal with location. Different locations are associated with different tax amounts. Derek Carr the QB for the Las Vegas Raiders saved $8.7 million for the upcoming year in taxes alone for moving from Oakland to Las Vegas.

Not to mention location is extremely important when it comes to the school systems available to you and your kids if that is the route you plan to take.

After you figured out your lifestyle and location, you can start narrowing your search by looking at specific houses in the neighborhood.

What type of home do you want?

Some key things to remember when looking for specific houses in a neighborhood are: do you want to save money through a “fixer upper”, are you financially stable for the purchase of a brand new home, or would you prefer building it from scratch?

The most expensive option would be building it from scratch, but it would be well worth it. You are literally customizing every square inch of your dream home. This could be a viable option if your other prospective homes need repairs and if you are financially capable.

Even though a custom built home would be amazing, it’s expensive. However, there are really nice houses already made at reasonable prices.

In terms of looking at already built houses, understand all of the home buying deal breakers. This includes the roof, plumbing, flood zone, and more.

What could a faulty roof cost you?

A faulty roof could cost you over $10,000 so make sure you are buying a house with a roof that’s intact.

In terms of flood zones, use this tool provided by FEMA (Federal Emergency Management Agency) to find out what type of flood zone your house would be in. Depending on your flood zone, will determine the price of insurance you would have to purchase.

Any information needed to be learned can be found and purchased from the The National Flood Program.

Next, make sure you have a home inspector look at the house to examine the plumbing and electrical system of the house which could be very costly to replace.

After you know what your deal breakers are, you can confidently search for the right home. Do not get caught up on imperfections like paint and tile as you can make these repairs relatively inexpensively.

Make the Offer

Once you have made the commitment of buying a home, got pre-approved for your mortgage, saved up for the down payment, chose the house perfect for you, you are know ready to make an offer.

Please note you can always contact a trusted realtor during any step in the home buying process. This person will make sure all the necessary paperwork gets filed correctly along with any necessary inspections of the home to ensure quality.

Also, understand that buying a new home is a huge deal. There is a lot of paperwork. Be prepared to create a contract that clearly states the transaction taking place.

Most importantly, after that dream house is decided. You need adequate insurance coverage to protect it. The best way to find the best price is through an independent insurance agency who could quote your through a variety of insurance companies. Get a quote today!

Millennials Focus on College not Insurance

By | Educate, FAQ, Millennials, Uncategorized | No Comments

Millennials

As the largest and most educated generation, you would expect that millennials would take insurance coverage seriously. Sadly, studies reveal that one in four adults between 18 years to 29 years do not have health insurance. Furthermore, millennials are less likely to take up other forms of insurance like auto, life, home, and renters. As the most educated generation, millennials need to learn the importance of having insurance.

According to research and interviews surveyed among millennials, it was found that millennials view insurance as an unnecessary expense. To them, they don’t need it and won’t need it any time soon. To the older generation, they appear as a generation that is subservient of the punches and curve balls that life throws at people each day.

While insurance does not inspire excitement, its impact on one’s life is virtually unrivaled. At some point in life, an individual will experience misfortunes such as theft, flooded home, fire, car accident, or others. Misfortunes are not planned and since they occur without any prior confirmation, it is wise to protect yourself.

Insurance provides peace of mind especially when faced with difficult situations. It can help you to settle financial problems brought about by misfortunes. Furthermore, getting insurance does not mean that you are paranoid, it means you are smart.

Here is an insurance checklist all millennials graduating college should keep in mind.

1. Research different types of insurance products

As a millennial, the first thing you need to do is learn about the different types of insurance products available in the market. There are those insurance products that have been around for a long time for example car, home, renters, life, and health insurance.

Today, rider share services like Uber and Lyft have offered millennials job opportunities but what many don’t know is that your personal car insurance does not cover commercial use and there is an insurance gap. It is important to learn more about comprehensive car insurance, smartphone protection plan, travel insurance and others. What are their pros and cons? What do they cover? Should millennials buy life insurance? This will help you to stay informed.

While researching, it is important to learn the terms and conditions, the premium rates charged for different levels of insurance products, and the best insurance companies.

2. Itemize your expenses

It is wise to take time and learn what you want and what you need. Today, millennials are faced with tough decisions when it comes to spending. Many will opt to order in rather than shop at a grocery store and prepare meals at home. Others will opt to own a car yet they cannot afford to maintain it properly. In order to plan your life, you need to itemize your expenses.

You can divide your expenses in three categories: ongoing, immediate and future. Examples of immediate expenses include mortgage, uncovered medical expenses, funeral costs, car loans, credit card debt, taxes and estate settlement costs.

Examples of ongoing expenses include food, rent, utilities, transportation, health care and clothing. Future expenses include retirement and insurance. If your ongoing and immediate expenses are more than your income, then it’s time to spend wisely. Take a bus or subway as the travel insurance costs are less, cook more instead of eating out and pay off your credit card debt to improve your credit score.

3. Talk with an experienced insurance professional

While your parents and older siblings have interacted with insurance brokers and have covered themselves with 2 or more insurance products, they don’t count. Millennials need to learn how to identify a good insurance company within your area. Walk in and make an appointment to speak with an experienced professional.

It is important to have a list of questions prepared early to allow for a constructive interview. Furthermore, it allows you to learn more about the products they have to offer. Experienced insurance agents will always provide you with tons of useful information even helping you create a customized insurance plan which covers important aspects of your life. This will not only help to ensure you are protected but it will save you money.

4. Find where to buy insurance

Today, there are several options of buying insurance not only health insurance but car, travel, smartphone protection plan, renters, home, and life insurance among others. If you are looking for health insurance providers, you can always start with the government health exchange or state exchange.

Millennials can also consult private companies. Doing so helps you to sample the different plans on offer and select one that fits your lifestyle. What you need to know is that when it comes to insurance, finding the best deals on premium should not be your goal but the best plan that fits you. Look at the options and support on offer too.

5. Read and re-read the fine print

Now that you have learned all about the different types of insurance products, their options and the market places where you can purchase them, it’s time to pick a plan. Once you have selected a plan that fits your lifestyle, you will be given forms to fill.

While millennials are said to be the largest educated generation, when it comes to contracts, many do not take time to read the fine print carefully. Scanning the documents quickly will result in you missing a key detail(s). This one detail can result in you not being compensated or result in you not being covered for something.

So, to avoid such mishaps, millennials should take their time to read and re-read the fine print. If you don’t understand what some phrases mean, consult an expert within or outside the insurance company. Having a better understanding of what you are getting into will save you a lot of money now and in the future.

Congratulations!

You have gone through the insurance checklist every millennial graduating college needs to know finally picking up a plan that fits their lifestyle. At this point, you need to know that you have added a new expense in your life – insurance premium. You need to keep up with the payments just like you do with your college loan, credit card payments, rent and other utilities. Not making the payments early will result in you not being covered and you may end up being penalized too.

Just a recap of the insurance checklist for millennials – start by learning more about different insurance products, itemize your expenses, consult an experienced insurance professional, learn where to buy insurance, select the right plan that fits your lifestyle and re-read the fine print before signing on the dotted line. It’s time to let go off the bullet proof attitude because misfortunes can occur at any time. Smart thinking will protect you.

Life Insurance and its Purpose for Millennials

By | Educate, FAQ, Life Insurance, Millennials | No Comments

Life Insurance for Millennials- Brooks and Stafford

(5 minute read)

Millennials often ask the question, “What is life insurance and do I need it?”

As a millennial myself, I can confidently say that life insurance can be beneficial for young adults.

Firstly, it is important to understand what life insurance is and how it can benefit you.

What is life insurance?

Life insurance is a contract with an insurer (insurance company) that pays out a lump sum of money (death benefit) to beneficiaries after the person insured passes away.

For example, a man has a wife and two kids. His wife is a stay at home mom that depends on her husband financially. The kids are still too young to work and depend on him financially as well. The husband passes away (with life insurance).

Not only have they lost a loved one, but they also have to pay the costs associated with the funeral and find a way to make an income to make up for his loss.

Since there was a life insurance policy in place, the funeral expenses are covered and the family continues to receive the same income as they would as if the father/husband were still alive.

This example proves that:

  1. Life insurance is a safety net.
  2. A person can still provide for their loved ones after he or she passes away if they prepare properly.

In the example above, the dependents are the kids and wife. The money they receive after the man’s death is the death benefit.

What are the different types of life insurance?

There are two types of life insurance policies: a term life insurance policy and a permanent life insurance policy.

A term policy is purchased for a period of time.

This type of policy would only be lump sum of money (death benefit) paid out to your dependents if you were to pass away during the term of the policy.

Term policies are usually sold for 5,10, 15,…30 years.

These are called level terms and are one of the most common types of term insurance. However, there are more types of term life insurance.

Term insurance can be inexpensive, but once the policy ends so does your coverage.

Permanent life insurance lasts your whole life and has a saving component as well (the “Cash Value Component” section in this article describes this nicely.)

Due to both of those reasons, expect to pay higher premiums  for a longer period of time.

To learn more about which option is best for you by consulting with experienced professionals at this Cleveland Insurance Agency.

Why would someone consider life insurance at a young age?

1. Dependents will be covered financially if you were to die. (Yes, it is possible to have dependents at a young age)

Consider a spouse, girlfriend/boyfriend, children, parents, grandparents, or anyone else that depends on you financially.

If anyone depends on you, you should be considering life insurance.

Also, it is very common for a millennial to graduate college with a significant amount of student loans.

You might be responsible for these loans or you might have a c0-signer (like a parent or guardian) helping you out.

God forbid, if anything were to happen to you, your co-signer would be responsible for any unpaid student loans. A life insurance policy would help pay off this financial burden.

2. Life insurance is less expensive at a young age (when your healthy).

Many young people consider themselves invincible until something bad happens to their health.

If you wait to buy life insurance when you are unhealthy, expect to pay higher premiums.

Avoid this problem, by purchasing life insurance at a time when you are healthy and expect to pay relatively low premiums.

3. You can tell your friends you are saving for the future.

The Cash Value component of permanent life insurance forces you to save for your future.

This helps people at a young age to generate positive money habits. Check out how much money you can save through this life insurance calculator.

Many millennials are known to spend their money on short-term products that do not serve a long term purpose.

Be an outlier and make saving for your future a priority. Permanent life insurance will help hold you accountable.

4. Be financially independent by being responsible for all your expenses (including your funeral expenses).

It says a lot about your character if you make the decision to cover your funeral expenses as well.

5. Be covered all the time.

Some jobs offer life insurance benefits during the on boarding process of a new employee.

However, in most cases you will not have this coverage follow you if you were to switch jobs (which is starting become the new norm).

Having your own life insurance will follow you anywhere and allow you to be covered all the time.

Millennials and Life Insurance

In conclusion, millennials are perfect candidates for life insurance if you have dependents and want to improve your saving habits.

If you are a single person with no one depending on you financially and have awesome saving habits, you may not actually need life insurance unlike auto insurance (find out 5 easy ways to save money on auto insurance).

However, a term policy could be a great low commitment and inexpensive option for the time being.

Regardless of what option you are considering, always make sure to get a quote from multiple companies.

Life insurance is simply a safety net, to ensure that funds will be in place when you are no longer here.

If you are still unsure about what policy is right for you or want clarification on terminology, contact a trusted Cleveland Insurance Agency that has been around since 1849.

Pet Insurance for Christmas? Care for them too!

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Pet Insurance

Christmas is just around the corner, and everyone is beginning to eye what they want to buy the special people in their lives. iPhones, video games, and other electronics are always at the top of gift-givers shopping list. However, buying a loved one a pet is still a very popular option.

But wait… Before you buy your loved one a pet, you should also consider buying pet insurance along with it.

You might be asking yourself “Why bother?” or “Does pet health insurance actually exist?”

It does, and it’s a very smart option for pet owners and purchasers.

In this article, I’m going to explain to you why you should buy pet insurance and how it can greatly benefit you and the person you purchase a pet for.

Let’s start here.

What is pet insurance and is it worth it?

Our pets become a part of our families. We love them almost as much as we love our children. So when an unexpected injury or illness occurs, we want to give our pets the best possible care.

Unfortunately, that care can be expensive. Often pet medical procedure costs rival that of human medical bills. In fact, one trip to the vet for an unexpected injury can easily cost hundreds or thousands of dollars

Pet medical insurance will help you cover the cost of those unexpected expenses.

So is pet insurance worth it? Absolutely. It can help you save money and allow you to give your pet the proper care they need. Not being able to follow your veterinarians recommended course of treatment because you can’t afford it is devastating. And in some cases, it can even cost your pet it’s life.

When you buy someone a pet as a Christmas gift, the last thing you want to do is put them in such an unfortunate position.

How much does pet insurance cost?

One of the best things about pet insurance is that it’s relatively inexpensive. On average pet insurance cost about $40 a month. However, that’s not a good indicator of how much pet insurance will cost for the pet you are purchasing insurance for.

Many variables including the age of the pet, the breed, the company you choose, and the state you live in can make your premiums significantly lower or higher than nationwide averages.

The best thing to do is shop around and compare plans as you would if you were purchasing health insurance for yourself.

What companies offer pet health insurance.

Pet insurance is hugely popular with pet owners because of all the benefits it comes with. So as you would expect, there are hundreds of companies that offer pet insurance coverage.

Below are a few of the most popular:

*Healthy Paws Pet Insurance: This company offers lifetime benefits and no claim caps. That’s one of the reasons they consistently maintain a high customer satisfaction rating.

*Pet Plan Pet Insurance: This company has been providing pet insurance since 1976. They offer great rates and a customizable annual deduction.

*Embrace Pet Insurance: This company allows you to use any veterinarian you choose. They also offer a customizable annual deductible.

These are just a few of the most popular companies amongst a host of many. Don’t hesitate to shop around and compare plans to make sure you’re getting the best coverage and best rates available.

Conclusion

Buying a loved one a pet this holiday season is a gift they’ll never forget.

It’s a lot more personal than an iPhone or a Xbox because a pet is something that becomes a significant part of our lives. Something we bond with and truly grow to love.

Don’t second guess your choice to buy your loved one a pet. But also take the proper steps and consider getting the pet insured. Life happens and you want you and your loved ones to be protected. Buying pet health insurance will help you achieve that goal.

Are You Taking the Right Precautions for Winter?

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We have been blessed with great weather as it took until November 18th for it to start snowing again in Cleveland. Even though it has not been much, the Lake Erie effect is sure to become an overpowering factor by producing lower windchill and increasing the amount of snowfall.

As a kid, snow is awesome. As an adult, not so much when you are used to making the same commute to work everyday. As snow starts to fall, you will have to allot for extra time to brush your car off, shovel the driveway, and to commute to work as everyone drives slower when the roads get worse. Don’t add unwanted stress to your commute by failing to prepare for the winter roads in Cleveland. Please follow this checklist to lower your chances of filing a claim and ultimately save yourself from any potential, unwanted stress in the future.

Determine if you Need New Tires Based on your Tire’s Tread

As the winter begins to get colder in Cleveland, make sure your tires have the proper amount of tread to provide the most amount of traction you can get as the roads begin to get icier. According to Farmer’s Insurance, about 34% of all skidding claims occur between the months of October and December.

You can measure the amount of tread on your tires through a simple penny test. Other than that some tires have indicators that show when you need to replace your tires. Based off how much the tire has been worn down in comparison to the indicator, you can determine if your tire needs to be replaced.

Our local counter parts, Goodyear, offer great tires specifically designed for the winter. Having specific tires for the winter might make all the difference from avoiding an accident amidst the unpredictable weather of Cleveland.

Evaluate All Possible Routes to Work

Driving might not always be the best route to work during the winter months when the roads start to get worse. Not only can driving become dangerous, but also inconvenient when it adds another 15 minutes onto your commute due to scraping the unwanted snow off your windshield and slower driving.

The RTA Transit operates during these winter months and could provide you with a more time efficient way to get to work. Choose your departure location, direction you want to go, and destination to see what time you will need to arrive at the RTA station. Not only is it consistent from point A to point B, but it is also stress-free. Driving in the winter can be stressful: worry less and live longer by taking the RTA.

Check you Car Weekly, Monthly, and Biannually 

The Consumerist writes a great article, “7 Things to Regularly Check on you Car to Save Money,” which describes what things need to be checked, how often, and how much money you could save. The list includes:

  1. Antifreeze (Biannually)
  2. Oil (Monthly)
  3. Air Filter (Monthly)
  4. Transmission Fluid (Monthly)
  5. Brake Fluid (Monthly)
  6. Tire Tread (Monthly)
  7. Tire Pressure (Weekly)

You will be surprised with how much money you will save and how much repairs that need to be made by checking these seven attributes. If you choose to neglect all of the precautions completely, I recommend doing it at least once before the year ends so you can save yourself any potential headache in the future.

Mentally Prepare Yourself

Tell yourself that you need to wake up 30-60 minutes earlier than you usually do. If your morning routine includes meditation (Headspace is a great app for beginners), showering, breakfast, or working out, please give yourself extra time to continue these habits.

Feeling rushed is not a pleasant feeling. Get up in time to enjoy your morning ritual and start your day off right so any unexpected trouble that winter brings does not make you late.

Be Aware of your Driveway Situation

Make sure your driveway is always shoveled. If you are short on cash, get up early and do it yourself as a great aerobic exercise to start the day off. If that’s the case, buy some necessary shoveling supplies from Home Depot and/or Ace Hardware.

You can also contact local snow removal contractors through TaskEasy and get a free quote today!

 

PhotoCredit: Phil Warren

3 Reasons that Will Make You Excited about Renter’s Insurance

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Photo Credit: Living in Monrovia

What’s awesome about renter’s insurance is that it’s inexpensive, covers all personal belongings, protects against injury lawsuits on your property, and almost anyone can get it.

Whether you’re a college student or brand new apartment owner, renter’s insurance can serve as a valuable investment.

How Much is the Average Renter’s Insurance Policy?

“According to the Independent Insurance Agents and Brokers of America, the average cost is only $12 per month, or $144 per year, for $30,000 of property coverage and $100,000 of liability coverage. That’s a fraction of what homeowners pay.”

That’s right only $12 a month. This is only $2 more dollars than a monthly subscription to Netflix, 2 venti pumpkin spice lattes, and one heck of a deal for any person on a budget.

The average renter’s insurance policy is inexpensive because it covers your personal belongings not the building structure like homeowner’s insurance.

That is why it’s significantly less than your average homeowner’s insurance policy.

It is your landlord’s responsibility to provide insurance for the building itself. It’s your responsibility to provide insurance for your personal property and any accidents that occur on your property.

I don’t have that much “stuff”. Why do I need Renter’s Insurance?

You have more “stuff” than you realize. For example, a college student’s personal belongings add up quickly such as a personal computer, tablet, bicycle, furniture, speakers, clothes, shoes, watches and jewelry.

In any event that any of this “stuff” is damaged or stolen, a renter’s insurance policy has the ability to replace these items. All policies are different so contact your current insurance agent to see what damages are actually covered and discover your policy limits.

Get a free quote for renter’s insurance and see how much your “stuff” is worth.

Nothing bad is going to happen. It won’t be worth it.

Let’s be real. Anyone can get hit with a natural disaster. Even though your typical renter’s will NOT cover these damages. According to FreeAdvice,

“fire or lightning, windstorm or hail, explosion, riot or civil commotion, aircraft, vehicles, smoke, vandalism or malicious mischief, theft, damage by glass or safety-glazing material that is part of a building, volcanic eruption, falling objects, weight of ice, snow, or sleet, water-related damage from home utilities, and electrical surge damage are covered by renter’s insurance.”

That is a list of unfortunate risks that you could be exposed to everyday and the RIGHT renter’s insurance policy will cover you.

Not to mention, larceny rates in America are ridiculous. Its astonishing to look at statistics depicting how much property theft is in each state based off this bar graph.

If you have friends over and they trip on your stairs, then you are liable. Depending on the severity of the injury, it could break your bank if you do not have renter’s insurance.

3 Takeaways for Renter’s Insurance

1. Affordable

2. You most likely have enough “stuff”

3. You are exposed to more risks than you think

Protect what you love, with agents you trust!

 

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