COVID-19 will impact the way we manage our lives through most of 2021. This includes your personal insurance. We understand that you may be struggling at this time. That’s why we want to make things a little easier for you with our relief measures.
COVID-19 should not impact your homeowner’s insurance too much, but there are a few coverages that could be impacted because of the temporary lifestyle change. The changing circumstances definitely highlight the need for existing components in your policy like liability coverage. You could be liable if someone gets COVID-19 while in your home. in addition to coverage enhancements like a home business coverage endorsement if you moved your business to your house.
U.S. insurers began to offer discounts and refunds on their customers’ auto insurance premiums. Now, despite the fact that drivers have returned to the roads in many parts of the country, the pandemic’s reverberations on vehicle usage and insurance cover will likely continue into the future.
There has been no evidence of life insurers pulling out of the market, premiums have remained steady, and COVID-related claims are already being paid. Your policy will cover you if you pass away due to COVID-19. Life insurance companies cannot change the terms of coverage for active policies, so anyone who was covered remains covered.
This information in to be considered general in nature. All claims will be settled based on your actual policy terms and conditions.
Sources: the policy genius & Forbes
2021 will be an interesting year and there are sure to be many changes in your life, your work and your finances. It is important that your insurance is able to address your needs as your life changes. Our team is ready to help you understand how your insurance needs have changed over time. Here are a few examples of how life changes may impact your insurance.
Do you have any domestic employees?
Have there been any changes in marital status?
Are you involved in any nonprofit organizations?
Do you own a business and operate from your home?
Are you remote working in 2021?
Do you own a second home?
Are adult children now living at home?
Do you drive for Uber?
Do you rent out your home?
Have you started a home business?
Do you own any unique collections of art, wine, cars, or guns?
Are there any children in college?
Your insurance needs to change with your life. We offer a broad range of personal insurance products that are designed to meet your individual needs. We can help you find an insurance product that suits your individual needs. Don’t wait for another second to ensure your home is adequately insured. Call us today for more info on your options for personal insurance coverage.
In the fast-paced world that we live in it can be easy to neglect our health and wellness. We're so busy racing through our day to day lives family, friends, work, social engagements that we don't take the time to look after ourselves. It is no wonder that so many of us are tired and run down. What are some simple things that we can do to improve our quality of life?
Drink, Drink, Drink
You've heard it a million times, and you'll probably hear it a million more drink more water!
Think about it: The human body is 72% water. A 5% drop in fluids creates a 25-30% loss in energy. A 15% drop in fluids causes death! At this point, 66% of us aren't drinking enough water, so over half the population is not running on all six cylinders, to begin with before things like bad air, bad food and stress take their toll.
It's not really a difficult thing to remedy. Just drink one glass of water every half hour or so or 10-12 glasses of water per day, and you'll notice a huge jump in your energy levels.
Living Food Loving Life!
A little-known fact is that heating food above 116F destroys much of the nutrient content. Considering that we already aren't eating enough veggies, that's a fairly substantial problem. Nutritionists recommend five serves of fresh vegetables per day. How many of us are taking that advice?
A great way to get the nutrients found in fresh veggies without spending all day at the stove or eating raw celery sticks is to juice your veggies. Make sure that you own a good juicer (some juicers expose vegetables to heat created by friction during juicing, which breaks down important enzymes), grab some fresh vegetables and drink your way to good health. It takes a fraction of the time (there's no cooking involved, for one thing) and it's convenient. You can take your juice to work and even give some to the littlies for school lunches!
Wheatgrass, in particular, is an excellent source of nutrition. Its high in chlorophyll (sometimes described as plant blood because it closely resembles human red blood cell molecules) and has over 100 elements that the body needs. Fresh grains are another excellent source for vitamins and minerals
Energy In Energy Out
Exercise is another dirty word for most of us. The thing is, exercise doesn't have to be time-consuming or mind-numbingly dull. There are plenty of options.
If you don't have the time or money for the gym, or prefer to spend your mornings/nights at home, then try an exercise bike or walker. I'd be lost without my exercise bike I set it up in front of the television and peddle away merrily during my favorite shows.
An excellent way to get back into a physical routine is to start slowly. Ridiculously slowly. For the first couple of weeks, walk/ride for 5 minutes per day precisely 5 minutes, no more, even if you think you could continue. When the two weeks are up, increase to 7 minutes, then 10 minutes, 12 minutes continue to gradually increase your activity until you're at a level that you're comfortable with.
It may sound a little silly, but it works. In effect, you trick your body into producing more energy. Your building your exercise time up so slowly that your body doesn't realize what's happening. Follow this method and, before you know it, you'll be comfortably exercising within your limits every day.
So, folks, that's the basics. If you can rearrange your life a little to allow for better eating habits and a little exercise, and if you remember to drink a glass of water every half hour or so, you'll be well on the way to living a healthy life. On a final note, don't forget to take some quiet time for yourself. Meditating is an excellent way to minimize stress. You don't have to sit around for hours, give yourself 5 minutes of quiet time every day even in the shower if that's the only place where you can get the time out and have a little catch up with yourself.
And, last but by no means least, laugh! Laugh like a loon, the louder wi the better! You’ll be amazed at how much such a simple thing can lift your spirits!
All of us at River City Insurance Agency, Inc appreciate your business, and wish you good health and happiness throughout the year!
A Personal Insurance Update
We work to ensure that your home insurance provides the protection you deserve and need. We understand you may need different coverage like a personal umbrella, RV insurance, valuable articles coverage, earthquake, or flood coverage.
Over the years, we have found that homeowners who adhere to the following strategies have a better chance of obtaining the best possible combination of coverage, price, and service.
Use an agent like us to represent you in the market. We know and understand personal insurance, and we are much better equipped to help you manage your personal insurance program. We will stand by you in every claim situation.
Only use financially strong insurers. It is vital that your insurance is there to pay for claims. Look for insurers with an “A” rating by AM Best.
Make sure you have high liability limits. It is essential that every homeowner have enough liability insurance to cover unexpected events. This is especially true if you own an RV, ATV or boat.
Consider increasing your deductibles. Often a slight increase in your deductibles can reduce premiums. If you are able to manage a larger deductible, you may be better off in the end.
Allow your agent to manage your entire personal insurance needs. Having one source for all your policies will save you time. Also having one professional handle all your needs gives them the ability to understand your entire needs.
Home Insurance Cover to Consider
Guaranteed or extended replacement cost coverage
After a major hurricane or a tornado, building materials and construction workers are often in great demand. This can push rebuilding costs above the homeowner’s policy limits, leaving you without enough money to cover the bill. To protect against such a situation, you can buy a policy that pays more than the policy limits.
An extended replacement cost policy will pay an extra 20 percent or more above the limits, depending on the insurance company. A guaranteed replacement cost policy will pay whatever it costs to rebuild your home as it was before the fire or other disaster.
Building codes are updated periodically and may have changed significantly since your home was built. If your home is badly damaged, you may be required to rebuild your home to meet new building codes. Generally, homeowner’s insurance policies (even a guaranteed replacement cost policy) won't pay for the extra expense of rebuilding to code. Many insurance companies offer an Ordinance or Law endorsement that pays a specified amount toward these costs. (An endorsement is a form attached to an insurance policy that changes what the policy covers.)
Consider adding an inflation guard clause to your policy. This automatically adjusts the dwelling limit when you renew your policy to reflect current construction costs in your area.
Additional living expenses after a disaster
This is a very important feature of a standard homeowners insurance policy. This pays the additional costs of temporarily living away from your home if you can't live in it due to a fire, severe storm, or other insured disasters. It covers hotel bills, restaurant meals, and other living expenses incurred while your home is being rebuilt.
Insuring expensive items with floaters/endorsements
There may be limits on how much coverage you get for expensive items such as jewelry, silverware and furs. Generally, there is a limit on jewelry for $1,000 to $2,000. You should ask your agent or look it up in your policy. This information is in Section I, Personal Property, Special Limits of Liability. Insurance companies may also place a limit on what they will pay for computers.