March 7, 2014
AgencyDO YOU NEED AN UMBRELLA POLICY?
Should you have an umbrella policy? We help make it easy for you to comfortably select the best policy that best satisfies your insurance needs. At JED INSURANCE & FINANCIAL SERVICE AGENCY, INC., we work very closely with our clients to provide the best coverage available for every dollar spent. It makes good sense […]
February 28, 2014
AgencyUNCLAIMED BENEFITS
According to a leading consumer research organization, approximately $1 billion in life insurance payouts remains unclaimed nationwide. The odds are one in 600 that a person is owed benefits from a forgotten or misplaced life insurance policy. Much of the problem of unclaimed benefits has to do with the fact that grieving issues often […]
February 28, 2014
AgencyKEEP YOUR BUSINESS MOVING, WHEN YOU CAN’T
If you own a business, it is important to consider what may happen if you were to become disabled as a result of sickness or injury. Regardless of how comprehensive your medical coverage may be or how much individual disability insurance you may have, you have to have money on hand to cover monthly […]
February 28, 2014
AgencySAVING MONEY ON CAR REPAIRS
Over the past two-and-a-half decades, aftermarket crash parts, also known as non-OEM (Original Equipment Manufacturer) parts, have been available for use by automobile body shops. Because these non-structural parts (such as hoods, door and bumper panels, and side moldings) are less expensive than OEM parts and serve no safety function, they can be used to […]
February 28, 2014
AgencyINSURANCE FOR THOSE ON THE MOVE
As the economy continues to improve, shipments increase, and building becomes more pervasive, the need for inland marine insurance grows. This type of insurance, whose name alludes to its development as an outgrowth of ocean marine insurance, provides property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras […]
January 15, 2014
AgencySHAKEN TO THE FOUNDATION
Insurance coverage for earthquakes is similar to that for floods, meaning that it’s excluded from a homeowners policy. As with flood insurance, earthquake insurance must be purchased as a separate policy. Those considering this option may want to consult with the U.S. Geological Survey’s seismic-zone maps for their local areas. Zones are labeled from […]
January 15, 2014
AgencyFACING ELIMINATION
Long-term care insurance policies typically include a deductible, known as an “elimination period,” which may consist of 20, 60, or 90 days. However long it is, it’s important for policyholders to know how their insurer counts those days. Some policies use “calendar” days and pay for services after a claim is filed or after […]
January 15, 2014
AgencyBUSINESS OWNER’S POLICY
A business owners policy (BOP) combines property insurance and liability insurance in one convenient package. It includes property insurance for buildings and contents owned by the company and business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts operation. It can also include the extra expense […]
January 15, 2014
AgencyAUTO INSURANCE FOR COLLECTORS
Many car enthusiasts have garages filled with collector vehicles. In the aftermath of Hurricane Sandy and other storms, some owners of car collections were dismayed to find that their standard auto policies pay only what the insurance companies define as the actual cash value, which may be many thousands of dollars below their car’s […]
January 15, 2014
AgencyMARKET VALUE VERSUS REPLACEMENT COST
While real estate prices are increasing, many homes are still below pre-recession levels. Accordingly, some homeowners may think that their homes’ insured value has shrunk as well. However, it is important to make the distinction between “market value” (the price at which a home may currently sell) and “replacement cost” (the price of repairing/rebuilding […]