3 Elements to Age in Place
The Joint Center for Housing Studies of Harvard University predicts that by 2035, the population of those 65 and older will grow to approximately 79 million — up more than 30 million from today. And 90 percent of adults in that age group prefer to remain in their homes, according to AARP. For those who would like to stay in their homes into their golden years, updating these three areas to accommodate changing needs is something worth tackling sooner rather than later. Lighting A well-lit home, both indoors and out, is a fundamental component of safe, long-term living. Start by making...
Read MoreOne Small Mistake
“All Because of One Small Mistake.” That is what a client just said to me recently during a significant loss they just suffered. That one small mistake financially, devastated his business and his life. Depending on the nature of an insurance loss; it can bankrupt you, put you out of business, cause an emotional break down and more. I know that seems like a scare tactic, but it is true. I have personally witnessed it happen to my client. I get it, our lives are busy. We have so many irons in the fire and so many things we are trying to do that calling our insurance agent not...
Read MoreWhy Insurance Market Value is less than Replacement Cost of Home
One of the most common questions our office receives is: “Why does the insurance company say the market value of my home is much higher than it is actually worth?” First, the questions is worded improperly. Not intentionally, but the problem is that the “market value” of your home has zero to do with the “Dwelling A” (or reconstruction cost) coverage listed on your declaration page. Or what most of us believe to be the “value” of our home. So then how does it really work? My home is valued at $75,000, I owe $80,000 and the insurance...
Read MoreWhen Can I Remove my Teen from my Auto Insurance Policy?
One of the most frequent questions we receive at the agency is about teen drivers. Youthful drivers (or teen drivers more commonly known) are drivers that are between the ages of 16-25. This risk pool of drivers is one of the highest risk factors for insurance carriers. And quite frankly, a stressful financial impact to most families. Many times when a family looks to add a teen driver to the policy it more than doubles the cost of the policy. With that, many parents want to immediately look to having the child obtain their own policy. Let’s take a look at why most of the time,...
Read MoreTired of Hearing about Health Insurance? Did you know it is all over March 31st, 2014?
We are all exhausted of the over publicized, over media-ized, over everything ized, about Healthcare Reform and what it means to us. We are simply tired of hearing about the Affordable Care Act, all of its troubles, the stress it has placed on so many, the people who have lost jobs, or hours, or pay because of it. Who’s for it? Who’s against it, and why? It is a line drawn in the sand type of issue. I get it. Believe me. I get it. Here is the deal though; For this moment, It is the law; and, for now, that is not going to change. With that, you have two choices. Get it or...
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