Tag Archives: coverage

  • 0

What is Personal Property Coverage and How Does It Work?

Tags : 

Personal property coverage is the part of a home insurance policy that covers items like furniture, antiques, jewelry, clothes, and electronics. Every home insurance policy includes some personal property coverage, but depending on the value of your belongings, it may not be enough. That’s why insurance carriers offer several types of additional coverage for personal property.

Conduct a Home Inventory
The first thing you should do in determining whether you need additional personal property coverage is to conduct a home inventory of your valuables. This can be done by starting with the most recent, expensive purchases and working backward, or by taking inventory by room.

When taking an inventory of your belongings, include the approximate date purchased, the purchase price, and the estimated current value of the possessions in your inventory. Keep receipts of all major purchases with your inventory, as well as photographs of the belongings listed.

These inventories can be written on lined paper, pre-formatted files like this one provided by Foremost Insurance, or recorded into personal inventory apps, like Know Your Stuff, a free app from the Insurance Information Institute for iPhone and Android.

An inventory of your personal items makes it easier to see the total value of your property, indicating whether additional coverage is needed, or if the current coverage offered with your home insurance policy is sufficient.

Here is a useful video with tips on taking a home inventory and how it can benefit you in the event of a natural disaster.

The Different Types of Personal Property Coverage

If you need more coverage, it’s important to know the different types of coverage that are available.

Actual Cash Value
Belongings are often covered at their fair market value.  This equals the replacement cost minus depreciation. Actual cash value coverage pays out claims for their depreciated value (what you could hope to get at a yard sale or online auction for your property).

Replacement Cost Coverage
With replacement cost coverage, the insured property is covered for the cost to repurchase the item at the time a claim is filed. This means that the item is actually replaced in full, rather than paid out in a depreciated cash value.

Scheduled Personal Property
Scheduled personal property is an optional additional coverage that you can add to your home insurance policy to cover high-value items. Most personal property coverage has limits for individual items of around $1,000. If you collect fine art, jewelry, or other items that can be worth well over $1,000, scheduled personal property can help to cover your collections or prized family heirlooms.

If you’re interested in adding additional coverage to your homeowners’ insurance policy, or have questions pertaining to your current policy and coverage, please contact your Yetter Insurance agent by calling (570) 296-8329, or visit http://yetterins.com/.

 

###

Yetter Insurance Agency is a family-owned business, located in Milford, PA, that offers a variety of homeowners’ insurance options for Pennsylvania and New York residents. Yetter has been a leading insurance agency in Pike County, PA since 1972. We offer plans from top-rated carriers that fit every need and budget. If you’re interested in expanding or changing your coverage, please contact one of our skilled agents today. For more information, please visit http://yetterins.com.

Sources:
http://www.foremost.com/mygreathome/home-safety/insurance/personal-property-inventory.asp
https://www.progressive.com/homeowners/home-owners-insurance-coverages/


  • 0
Seasonal Home Insurance for Pike and Wayne County, PA

How to Winterize and Close Your Vacation House for the Season

Tags : 

Locking up and winterizing summer vacation homes is something that many Americans do each year, but it’s important to do it right. Many things can go wrong over the long, cold winter months, and if you don’t properly winterize your vacation home, you could be met with an awful surprise when you open the house back up in the spring. Follow these steps to ensure that your summer vacation home is safe throughout the long winter season:

  1. Make a checklist
    It’s important that you don’t miss any steps in winterizing your summer vacation home. By making a checklist and checking off tasks as you complete them, you ensure that you don’t miss any of the vital steps required in safeguarding your home from the potential dangers that it faces from winter weather and several months of being uninhabited. A checklist will also stand as a reminder of what needs to be done when re-opening the house in the spring.
  2. Clean
    To reduce the amount of work required in re-opening the house in the spring, you’ll want to clean the house thoroughly before winterizing and closing it up. You’ll want to focus much of your attention on cleaning the kitchen. Clean out the refrigerator and freezer completely, and prop the doors open to prevent the growth of mold or mildew. Remove all food from the pantry. Any non-perishables can be transferred to metal containers to prevent rodents from gaining access to them. Make sure to dispose of any potential fire hazards.
  3. Turn off water
    Make sure to turn off the main water supply, usually located along the exterior of the house. After turning off the water access, run all taps in the house, flush all toilets, and empty water heater to clear the waterlines. This will prevent freezing or bursting pipes. Cover all toilets with Saran wrap to prevent sewer gasses from entering the home.
  4. Adjust the thermostat
    Ideally, you want to set your thermostat to the lowest temperature that will protect the home from freezing.
  5. Unplug all appliances
    This step can be skipped if you plan to shut off all power to the house, but if you leave the electric power on, you’ll want to unplug all appliances. This includes major appliances such as the refrigerator, oven, and washing machine, as well as your television, computer, and lamps. This will help prevent accidental fires due to a faulty switch.
  6. Shut off gas
    If the house utilizes gas for heating or cooking, you’ll want to shut off gas lines to the house to prevent accidental fires.
  7. Store outdoor furniture and decorations
    Move all outdoor furniture and garden ornaments indoors to protect them from weather and theft.
  8. Lock away vehicles
    Any vehicles that you keep at your summer home, be it a car, boat, ATV, or bicycle should be locked in a garage or shed to prevent the threat of theft.
  9. Stop your mail
    Contact the post office and stop routine delivery of mail during the winter months. This can be done at http://usps.gov. If there is a neighbor that you trust, ask them to keep an eye out for package deliveries from UPS or FedEx.
  10. Lock the house at all points of entry
    After you’ve completed everything else on your checklist, lock all the doors and windows in the house. If you have a neighbor that you trust, give them a key to the house and ask them to check in on it sporadically.
  11. Talk to your insurance agent
    Do you have vacation home insurance? If not, it’s pertinent that you speak with an insurance agent about covering your vacation home. Many things can go wrong in a vacation home when it’s empty throughout the winter. Make sure you’re covered for any potential problem that may arise while you’re away.

Accidents happen, and you can never eliminate all risk, but by following the simple tips in this article you can minimize the risks associated with closing up a vacation home for the winter. For information about your vacation home policy, or to buy a new policy, please contact your Yetter insurance agent by calling (570) 296-8329, or visit http://yetterins.com/.

 

###

Yetter Insurance Agency is a family-owned business, located in Milford, PA, that offers numerous seasonal home insurance options for Pennsylvania and New York residents. Yetter has been a leading insurance agency in Pike County, PA since 1972. If you own a vacation home in the area or are thinking about buying one, our agents can help you find the right insurance for your secondary property. For more information, please visit http://yetterins.com.

Source: http://www.wikihow.com/Winterize-a-Vacant-Home


  • 0
Avoid House Fires, Have the Right Homeowners or Renters Insurance for Pike County PA Homes

How to Avoid the Four Cs of Holiday Fires

Tags : 

The holidays are a joyous time, but the celebration also marks the 14 worst days of the year for home fires. More household fires occur between December 24 and January 6 than any other two-week stretch of the year. Christmas trees, cooking, candles, and chimneys are all contributing factors. Let’s discuss the “four Cs” of holiday home fires and how to prevent them.

Cooking
Cooking is one of the leading causes for home fires year-round, and the holidays are no different. Stove-top cooking presents the biggest threat. Many fires start when something is cooking on the stove and the cook becomes distracted or leaves the room. A fire can happen in just seconds, so by the time they return their attention to the stove, the fire is already out of their control.

These fires can be easily prevented. Never leave cooking food unattended. If you absolutely must leave the kitchen, turn off any stove-top burners. Oven fires are also possible, but far less common. While you don’t necessarily have to linger over the stove the entire time something cooks in the oven, you should never leave the house when something is cooking in the oven. If you absolutely must run to the store to pick up a forgotten ingredient, turn the oven off before leaving the house.

Christmas Trees
Christmas trees (both real and artificial) cause hundreds of home fires every holiday season. The leading cause Christmas tree fires include electrical malfunction and the tree being too close to a heat source or flame.

When buying a pre-cut Christmas tree, make sure to buy one with fresh, green needles. You should only keep your tree up for about two weeks, so don’t buy your Christmas tree too far in advance. Water your tree every day. If you prefer to use an artificial tree, make sure to buy one that is fire-retardant. Don’t string more than three sets of lights together. Visually inspect all lights before putting them on your tree for loose bulbs and frayed or damaged wires. Unplug all string lights before leaving the house or going to bed. Most importantly, keep your tree at least three feet from any heat source or flame.

Candles
Candles are very popular around the holidays and create obvious risks regarding home fires. The most candle related fires occur on Christmas day, followed by Christmas Eve and New Year’s Day.

The best way to avoid candle fires is to not use candles, but there are ways to reduce the risk while still using them. You should use quality candle holders that don’t tip over easily, collect dripping wax, and are inflammable. Never place candles near flammable items such as books, curtains, furniture, and clothing. Most importantly, never leave burning candles unattended.

Chimneys
The holidays are a great time to gather around the fireplace with family, but don’t forget that chimneys still need to be cleaned every two years or so.

If you regularly use your fireplace in the wintertime, and you haven’t had your chimney cleaned in the past few years, then it’s time to call a chimney sweep. This is because a substance called creosote builds up in the chimney and can fuel a chimney fire when ignited. You can slow the buildup of creosote by burning only dry, seasoned wood, and refrain from burning things like wrapping paper, fresh wood, boxes, and trash. Always use kindling or paper to start fires, never use flammable liquids in a fireplace. Use a screen in front of the fireplace to catch any potential sparks that erupt from it. Most importantly, never leave a fire burning unattended.

Accidents happen, and you can never eliminate all risk, but by following the simple tips in this article you can minimalize your risk of a home fire dramatically. For information about your policy and how it pertains to home fires, or to buy a new policy, please contact your Yetter insurance agent by calling (570) 296-8329 or visit http://yetterins.com/.

Sources:
http://www.nfpa.org/public-education/by-topic/wildfire-and-seasonal-fires/winter-holiday-safety/holiday-fires-by-the-numbers
http://www.redcross.org/news/article/Prevent-Home-Fires-This-Winter


  • 0
Thanksgiving Travel Tips, Safeguard your home while you're away

Thanksgiving Travel Tips

Tags : 

Thanksgiving is a time when we gather with friends and family to celebrate that for which we’re thankful, but it’s also a time to practice caution. When you’re traveling this Thanksgiving, keep in mind the added risks associated with the holiday. By following the simple tips outlined here, you can reduce the likeliness of becoming another Thanksgiving statistic.

Thanksgiving Travel Tips

There are more drunk drivers on the road the night before Thanksgiving than any other day of the year.   There are a few reasons for this.  Thanksgiving is one of the only times of year when those who have moved away from their hometowns return.  They may meet at bars to catch up with old friends who have also dispersed around the country.

If you are going to be traveling the night before Thanksgiving, it is imperative that you engage in defensive driving and understand that other drivers on the road may have been drinking. Keep a safe following distance, pay extra close attention when approaching intersections, and stay extra vigilant when you’re driving around other motorists.

If you’re going out to meet up with friends at a bar or party the night before Thanksgiving, you should secure a designated driver, call a taxi, or offer to be the designated driver to ensure a safe trip for all involved.

The day before Thanksgiving isn’t the only dangerous day on the road. With many drivers who are unfamiliar with their surroundings populating the roads, the whole week presents added dangers while traveling by car. Thanksgiving night has a 20% increase in traffic accidents, Black Friday has a 34% increase, and the Sunday after Thanksgiving has the highest number of out-of-state accidents of the week.

The following tips can help you avoid having an accident:

  • If you’re going to be drinking, be sure to get a designated driver or hire a taxi.
  • Consider traveling home the Monday after Thanksgiving. There is a dramatic reduction in the number of accidents on that day than the week leading up to it.
  • If you can’t wait until Monday to travel home, there are 17% fewer accidents on Saturday than on Sunday.
  • Maintain safe following distances.
  • Be extra vigilant when approaching intersections.
  • Don’t drive aggressively.
  • Give yourself extra time to reach your destination to account for traffic and the possibility of getting lost.

For many people, Black Friday is just as much a part of the holiday as Thanksgiving Day itself. The parking lots of major retailers are often packed and present accident risks of their own. If you’re going shopping on Black Friday, follow these tips to reduce the likeliness of leaving the store to find your car damaged in the parking lot.

  • Avoid diagonally positioned spaces. There is an increased risk of being sideswiped in diagonally positioned spaces in comparison to straight spaces.
  • Don’t park at the end of aisles. Cars parked on the end of aisles are more likely to be involved in an accident due to additional exposure to turning vehicles.
  • To prevent dings and dents, park further away from the entrance of the store where you’re less likely to come in contact with other cars’ doors and shopping carts.
  • Be careful when pulling in and out of parking spaces.

Beyond the dangers of traveling the week of Thanksgiving, there are also precautions you should take if you’re going to be out of town for several days. If you’re going to be away from home for more than a day, use the following checklist to make sure your house is protected while you’re gone.

  • Shut off all appliances before leaving.
  • Turn off the water to your hoses.
  • If you live in a cold weather area, wrap your outside pipes to keep them from freezing.
  • Make sure all of your important documents are locked in a fireproof safe.
  • Don’t post on social media that you’re leaving town. Burglars often turn to social media to see who will and won’t be home.
  • Set your lights to timers. This gives the impression that someone is home.
  • Close and lock all doors and windows.
  • If you have a burglar alarm, set it before leaving.

With just a little preparation and patience, you can dramatically lower the likeliness of becoming a Thanksgiving statistic. To make sure that your home and car are covered in the event of an accident during the holiday, please contact your Yetter insurance agent by calling (570) 296-8329 or visit http://yetterins.com/

Sources:
https://www.progressive.com/newsroom/article/2015/november/progressive-data-safe-travel/
https://www.pciaa.net/pciwebsite/cms/content/viewpage?sitePageId=35980


  • 0
Get the right Coverage for your Auto Insurance in Pike County, Wayne County, PA, Orange County, NY

7 Ways to Slash Your Auto Insurance Premium

Tags : 

 

Auto insurance is a cost that we all must incur if we wish to have our vehicles on the road. What many don’t realize is that there are a variety of ways to lower the cost of auto insurance premiums. There are many factors that can affect your premium, meaning there are many ways to reduce your premium based on your behavior and habits.

Here are seven ways that can potentially lower your auto insurance premiums:

  1. Reduce Your Coverage Collision coverage provides enormous benefits if you’re involved in an accident while driving a newer automobile, but for older cars and trucks, it might not be worth it.  If you are driving an automobile that is worth less than $3,000 in its current condition, you may benefit from no longer having collision coverage on it.

 

  1. Grouping Insurance Policies

Many insurance companies offer discounts if you get multiple policies, like your auto and home or renters insurance, from them. By bundling your insurance plans, you can often lower your premiums by up to 7% through a multi-line discount.

 

  1. Raise Your Deductible

Your deductible is the out-of-pocket cost that you pay when you make a claim. For most of us, auto insurance claims come few and far between. It’s a good idea to raise your deductible if you can afford a higher out-of-pocket cost when you make these claims. The savings that add up through years of lower premiums can easily outweigh the one-time cost of a higher deductible. If you don’t regularly make claims on your auto insurance, raising your deductible can be a good way of lowering your premium.

 

  1. Track Your Mileage

How often you drive your automobile contributes to the cost of your insurance premium. The more your car or truck is on the road, the more likely it is to be involved in an accident. Many people simply estimate how many miles they put on their car in a year, and it is important not to overestimate. By tracking your mileage, you can give the insurance company a concrete number of miles that you drive in a year. Also, if you have recently replaced your automobile and now use it as a secondary vehicle, then you are not putting as many miles on it. Contact your insurance agent and update them on the annual mileage of your, now, secondary vehicle.

 

  1. Drive Carefully

This is one that most of us are aware of already. A safe driving record with no traffic violations lends itself to lower insurance premiums. Avoid speeding, and be a defensive driver by staying aware of other drivers on the road to help reduce the risk of accidents and traffic violations. Your insurance company will reward you for your safe driving habits.

 

  1. Improve Your Credit Score

Your credit score factors into the cost of your insurance premiums. While there may not be a way to measure the risk of getting into an accident, many insurers use it because it has been shown there is a direct correlation between how an individual manages their credit and whether they will file a claim. By eliminating credit card balances, paying bills on time, and practicing other sound financial habits, you can raise your credit score and lower your insurance premiums.

 

  1. Anti-Theft and Safety Features

Make sure your insurance company knows about the anti-theft measures and safety features of your automobile. By parking in a garage, you reduce the risk of theft, which can lower your premium. You can also install a car alarm or an ignition cutoff switch to lower the probability of theft. Added safety features such as a backup camera, electronic stability control, anti-lock brakes, air bags, and automatic seatbelts can also help to lower your premium.

 

Talk to a Yetter Insurance agent today to find out how you can lower your auto insurance premium. For more information, please contact Yetter Insurance Agency at our Milford office. Visit www.yetterins.com or call 570-296-8329.

 

Source: https://www.erieinsurance.com/auto-insurance/discounts/insurance-discounts

 

 


To pay your bill:


To get an auto quote:


To Service your Progressive Account:

Progressive Insurance Claims

To Get an American Collectors Quote:

American Collectors Insurance Quote Wizard