How to Find the Best Insurance Agency

When you need coverage, you should look to your insurance agency to find the right policy. You might not be aware of some of the policies available to you. While you might think your traditional insurance will cover everything, you might be surprised to find out where traditional homeowner’s, rental, medical, and car coverage fall short.

Different Types of Coverage

If you should determine that you need any of these supplemental options, you should check with your insurance agency to find out whether they offer the coverage in question. Not all underwriters offer these policies. You may have to get these supplemental offerings from other agents.

If you have a dog, then you might want to purchase a dog bite or “pet liability” plan. While you might think that your four-legged friend would never harm anyone, there is always a chance that it could happen. According to the Insurance Information Institute, half of all incidents happen on the owner’s property. While homeowner’s liability may cover the medical costs, there can be complications, such as when incidents happen away from home. Having a specific dog bite policy will handle any unforeseen problems.

Those who live in coastal areas will want to get flood insurance. This protects your belongings from damage due to floods. What most homeowners don’t realize is that traditional homeowner’s plans do not cover this damage. That is why it is important to purchase these policies separately.

Burial coverage gives your surviving family members money to pay the cost of your funeral and burial. The cost is nominal, totaling only a few dollars a week or month. This policy is not often sold through a traditional insurance agency. You will either have to go to a broker or purchase from a funeral home.

Personal electronic equipment policies give you more protection than the standard homeowner’s plan. A traditional plan does not cover damage caused by installation errors. These programs offer repair or replacement of electronics such as computers, stereos, and televisions.

If you have valuable items like jewelry or high-end electronics, then you want to have supplemental coverage. While your homeowners plan does cover some items in the event of fire or theft, it does not cover everything.

Some businesses offer their full-time employees short-term disability. However, if your company is not one of those groups, you should look into having short-term disability added. Medical plans will help to cover bills from doctors and hospitals, but it will not help to cover normal monthly bills that can pile up if you have to miss work. While not all short-term disability programs are the same, it is something you should check into to ensure that you don’t fall behind on your bills.

Why a Bipartisan Approach to Disaster Recovery Does Not Work

Christchurch, New Zealand 2016. I still live in a city where truths so often do not make it through the gridlocked gauntlet of publishing. I live in a city where so much of what should be being discussed is not being discussed. I live in a city where the politicians who are supposed to be speaking for the people seem to have lost their voices. I live in a city where many are still suffering while most sit back and watch. I still feel anger, disappointment and frustration that after five years the government is silent, the media is silent, the regulators are silent and in the main so is the affected population.

I watch and wait as ‘Christchurch’ has become the on-going saga about an unprecedented catastrophe, with an affected population largely left to wallow in its own misery. After years of being involved in Christchurch what emerges is a story of a very sorry state of affairs, a story of incompetence, dishonesty, professional vested interests, cynical corporate greed and government complicity and self-service.

On top of that we have an insurance industry left to its own devices, an industry in dire need of reform. The industry has done and continues to do all it can to maximise its profits by delaying settlement of claims, causing policyholder abuse in the process. While insurance companies are in the business of making money, they cannot be considered ‘just normal businesses’.

They have special fiduciary duties requiring them to protect their customers both in statute and case law.

Paramount amongst those duties are the duties to act fairly and in good faith. The regulators in New Zealand have chosen to be blind to the events taking place here. And simply because the government entered into an agreement as part of its negotiations with insurers it should not be the population of Canterbury that pays the price for its own failures.

There are those who would have us believe that political collaboration is a necessary foundation for dealing with a natural disaster, but the experience over the last five and a half years has shown that a ‘bipartisan’ approach does not work!

Labour leader, Mr Shearer pledged that Labour would “… do everything in our power to bring the issues to the attention of Parliament. But I do believe we need to look at a way we can have a bipartisan approach on this.

We do need a government/opposition united approach.” And “as a result of that, I think we do need to be sitting down with the Government and looking at a bipartisan approach to the rebuild in Christchurch and its recovery.” ( See http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10779345 ).

What is a Bipartisan approach? Wikipedia defines it as “a political situation, usually in the context of a two party system, in which opposing political parties find common ground through compromise, in theory.” So in the context of the Christchurch earthquakes this would mean that Labour would essentially leave National to its decision making process in relation to matters appertaining to the recent earthquakes and the Christchurch ‘recovery’.

On the face of it, it is not hard to understand the appeal of bipartisanship. It sounds very mature and enlightened with a suggestion of the harmonious pursuit of quick and beneficial solutions to a set of difficult circumstances. It seems an obvious choice in the case of external threat, such as war, yet there is little evidence that solutions to big internal problems are to be found through bipartisanship, and there are plenty of examples throughout history that would suggest that they are not. When it comes to ‘crisis’ events, this is particularly so.

Democracy actually depends on partisanship – strong, critical advocacy that opens public debate- forcing the parties to explain their ideas which in turn clarifies choices for voters. Partisan causes are often bold ideas and though these ideas can be divisive, they can offer citizens a genuinely new path forward.

By contrast, bipartisanship has the ability to ‘cloak corruption, obscure chasms between politicians and the people they serve’, agree to invest single individuals with absurd powers, or simply indicate that the leadership of both parties has become a closed club, (often with an agenda). In principle and in practice, a serious partisan political structure is fundamental to a healthy democracy and partisan ideas are crucial for liberty. Bipartisanship, by contrast, has enabled some of the most shameful episodes in history such as American slavery, the Iraq war, and others. I note with interest that in the USA there is also a bipartisan approach to ‘climate change’.

Yet is it not the case that a good political leader is not the individual who rises above partisan concerns, but the person who is able to clearly articulate and defend the interests of one party? Able to put forward another view point, propose other solutions – widen the choice spectrum for the affected population? People living in a democracy should get the government they choose based on clear choices. Clear choices produce better results. Decisions by the political parties to ‘demote’ political representatives who raise questions of ‘punishment for not towing the bipartisan line’ are worrying.

I understand that disaster mitigation, preparedness, response, and recovery are the end products of complex political and administrative interactions, and the results cannot be easily controlled or anticipated. But there have to be alternative solutions and those solutions should be presented by the other political voices. End bipartisan approaches in post-disaster affected cities in order to ensure real democracy in action and perhaps some assistance and answers for those in need. If we do not like bipartisan approaches and can see the danger in their subtle application, those affected must express their concerns.

Understand Your Insurance Needs and Options

Finding the right insurance policy can be a difficult task. Whether you are looking for an auto, homeowner, life, or business policy, there are many different factors that can determine whether any given policy fits your needs. Looking at the different categories and particularities of each policy can help you make an informed decision.

Automobile

Auto policies cover both commercial and non-commercial drivers. Finding the cheapest plan is unlikely to save you much in the case of an accident. On the other hand, the best coverage will carry a much higher monthly premium. Plans become cheaper as you age, and some companies provide financial benefits for good driving. For example, some companies will offer a discount in return for placing a recording device in the vehicle. This can be a good option for cautious drivers who need to save money. The DMV recommends checking with at least three companies before choosing a plan that fits your specific needs.

Homeowners

Learning about the location and history of your house will play a large part in deciding what sort of coverage you need. You can also look for companies that provide loss-underwriting reports. This information can help you determine what potential liabilities you could face in the future. Also, many policies provide coverage for lightning, fire, and wind damage, but they do not include earthquake and flood coverage. If you live in an area prone to floods or earthquakes, you will need to purchase additional coverage. Also, paying higher deductibles can result in lower premium costs as well, but you have to make sure you can afford the deductibles in case there’s an accident.

Life

This policy covers one or two adults and, of course, comes with its own considerations. Chief among these is whether you are looking for a temporary policy or permanent coverage. Single people tend to require less coverage, while those with children in college face the highest costs. Expenses tend to decrease for empty nesters and retirees.

Some plans are more customizable than others, with major differences including costs, the number of adults covered in the plan (one parent or two), and the various death benefits.

Business

Business insurance varies tremendously based on the contingencies it is intended to cover. It can protect against liability in the event that an employee is injured or a workers comp claim is filed. Other policies can offer protection in case of theft, mistakes made by employees, and data breaches. A special type of coverage protects directors and officers if they are sued. Finally, businesses can purchase variations on personal policies, such as auto or building insurance.

Given all the available options, it is important to look at the potential exposure or losses you may face. Remember, insurance policies are intended to protect the holder in the event of a loss. Savvy customers will evaluate their risks, but it is important to remember that insurance is often the first and most effective bulwark against catastrophe.