Tag: insurance

Why & When You Should Review Your Coverage

It is critical to review your insurance coverage regularly to help ensure that your property, your possessions, and your loved ones are well protected.

Here are a few reasons why and how often you should review your insurance coverage:

Life Changes:
  • Significant life events such as marriage, divorce, the birth or adoption of a child, purchasing a home, changing jobs, or retirement can impact your insurance needs.
    • It’s crucial to review your coverage whenever these life changes occur to make necessary adjustments.
Policy Changes:
  • Insurance companies periodically update their policies, terms, and rates.
    • Reviewing your coverage allows you to stay informed about any changes that may affect your coverage or premiums.
Coverage Gaps: 
  • Over time, your insurance needs may evolve and you may find that your current coverage no longer adequately protects you against potential risks.
    • Regular reviews help identify any coverage gaps and ensure you have the appropriate level of protection.
New Risks:
  • With advancements in technology and changes in society, new risks may emerge that you weren’t previously aware of.
    • Reviewing your coverage allows you to assess whether you need additional coverage to protect against emerging risks.

As for how often you should review your insurance coverage, it’s generally recommended to do so at least once a year, However, certain life events may prompt the need for more frequent reviews. Check with your Raymond Nelson Insurance agent about when you should review yours.

By staying proactive and regularly assessing your insurance needs, you can ensure that you have the right coverage in place to protect yourself and your asset

If you have any questions or concerns, please don’t hesitate to contact us.

At Raymond Nelson Insurance, we go the extra mile to find the coverage that best protects what matters most: the business you’ve built and the people you love. We always take the time to get to know each client and serve their best interests. Call us today at (270) 885-1800 or contact us online for more information.

How to Prevent ‘Porch Pirates’

It’s that time of year when packages are being delivered to your home when you’re not there, but the packages thieves are. RNI offers our tips on how to prevent package thefts.

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Notice of package delivery

Most carriers will notify you when they have delivered packages to your home. If you get a notice and can’t find the package on your doorstep, here are a few things you can do.

  • Check with your neighbors to see if they received your package to hold for you.
    • If not, ask if they saw anyone taking the package.
  • Contact the delivery company and inquire about the package location.
    • Some companies take a picture of the package on your porch.
    • Check the photo closely to make sure it’s your porch.
      • A lot of packages are delivered to the wrong address, especially at this busy time of the year.
  • Report the theft to the police. There may not be much they can do except fill out a police report, which could help get a refund or replacement.
  • Check with your bank to see if your credit card has purchase protection.
Prevention – Here are some ways to protect yourself from package theft:
  • Have your packages delivered to your office.
  • Opt to require a signature for the package.
  • Instruct the deliverer to leave the package at the back door instead front door.
  • Pick up your packages from a drop-off location.
  • Have packages delivered to your local store.
Home security

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Of course, you could just stay home and wait for packages to arrive, but when that isn’t possible, use the tips above. Speak with your Raymond Nelson Insurance agent to ensure you have the proper coverage for all your insurance needs.

At Raymond Nelson Insurance, we go the extra mile to find the coverage that best protects what matters most, the business you’ve built and the people you love. We always take the time to get to know each client and serve their best interests. Call us today at (270) 885-1800 or contact us online for more information.

Shopping Cart Damage – Are You Covered?

Holiday shopping means crowded parking lots and runaway carts that can damage your vehicle. Raymond Nelson has some facts for you to know.

Who is at fault?
  • The store where you shop is not liable for damage by errant carts.
  • Stores usually have signs posted in the parking lot just for this reason.
Are you covered?
  • It depends on the coverage you purchased!
  • If you have Full Coverage Insurance, you should be covered.
    • Hitting a shopping cart is considered a collision with an object, whether you hit the cart or the cart hit your vehicle.
    • It would be a good idea to file a report to help when filing a claim.
  • Not all insurance policies cover this damage, so make sure you have the right policy to include physical damage.
  • Cart damage won’t be covered if you only have liability insurance coverage.
What to do if you notice damage to your vehicle.
  • Report it to your insurance company right away.
  • It would help to first take a picture of the damage while the vehicle is still in the parking lot.
    • If possible, include the store in the background of the photo.
  • Insurance companies can tell if the damage was caused by a shopping cart.
  • If your window was broken, or there was extreme damage to the vehicle, then this was probably more than just a shopping cart.
  • When you file a claim, you must go to a repair shop and get an estimate.
Cost of repairs
  • If you get a repair estimate that is more than your insurance deductible, then it might be a good idea to handle the repairs on your own.

 

Check with your insurance agent to determine if you are covered for shopping cart damage. Independent insurance agents will sit down and talk with you about your needs, then will craft an auto insurance plan that meets your needs at the best price and provide local, personalized service.

Speak with your Raymond Nelson Insurance agent to ensure you have the proper coverage for all your insurance needs.

At Raymond Nelson Insurance, we go the extra mile to find the coverage that best protects what matters most, the business you’ve built and the people you love. We always take the time to get to know each client and serve their best interests. Call us today at (270) 885-1800 or contact us online for more information.

The Benefits of Working with an Independent Agency

Personalized service is one big advantage of working with an independent insurance agency, but there are some other great benefits as well.
What is an independent agency?
  • An independent agency works with multiple insurance companies and can offer more products to meet clients’ needs.
  • When working with a specific insurance company, they only offer products specific to that company.
Ways an independent agency can help you:
  • Independent agents can get you multiple quotes for your home or auto.
  • With access to multiple companies, they can check rates with several companies at once.
  • Your independent agent can stay with you even if you switch providers.
  • Even if you switch carriers, you can stay with the same independent agent allowing you to build a relationship with them.
  • When your policy is up for renewal, your independent agent can find out about insurance increases and shop for better rates.
  • You received personalized customer service.
  • You can depend on your agent to resolve issues and answer questions about rates, coverages and claims.
  • An independent agent will keep your best interests in mind to steer you in the right direction.
  • Since most independent agents work on commission, it means it’s in their best interest to keep you happy.
  • independent agents work hard to earn your business.
A trusted advisor
  • It’s nice having someone in your neighborhood you can call if you have questions or concerns.
  • Your local agent is more familiar with your area’s insurance adjusters, repair shops and traffic pattern.

 

Independent insurance agents will craft an auto insurance plan that meets your specific needs at the best available price and provide local personalized service.

Speak with your Raymond Nelson Insurance agent to ensure you have the proper coverage for all your insurance needs.

At Raymond Nelson Insurance, we go the extra mile to find the coverage that best protects what matters most, the business you’ve built and the people you love. We always take the time to get to know each client and serve their best interests. Give us a call today at (270) 885-1800 or contact us online for more information.

Do I Need Life Insurance?

There are many reasons to get life insurance, and RNI gives you a few to think about, especially if someone else is depending on you. Consider these common scenarios…

Getting Married?
  • Now that you have a spouse, are they dependent upon you for support?
  • What would happen if you or your spouse didn’t make it home?
  • Do you need a joint life insurance policy?
  • There are many things to consider about which policy is best for you now.
Baby on the way?
  • This is when young adults become aware that they may need life insurance to protect their children in case something happens.
  • You should start thinking about getting a policy sooner rather than later.

 

Are you supporting your aging parents?
  • Hopefully, your parents already have a life insurance policy.
  • You might want to check into life insurance with a long-term care rider if caring for your parents.
  • And what happens to them if you die before them? Will they be taken care of properly?

 

Self-employed?
  • What happens to your family if you’re the breadwinner and something happens to you?
  • You can get business-owned life and disability insurance policies.
  • Most financial institutions will require a policy if you get a business loan.
  • A decreasing term life insurance policy makes the bank the beneficiary to pay off the loan in case the owner dies.

 

High-risk occupation?
  • If your job is dangerous or in a high-risk environment, you have a greater chance of dying than say an office worker.
  • Check to see if your job has employer-provided group life insurance to insure your paycheck if you are disabled or die on the job.

 

Speak with your RNI agent to ensure you have the proper coverage for all your insurance needs.

We go the extra mile to find the coverage that best protects what matters most, the business you’ve built and the people you love. We always take the time to get to know each client and serve their best interests. Give us a call today at (270) 885-1800 or contact us online for more information.