From the category archives: Insurance Protection Blog

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Auto Insurance and Telematics: Big Brother may save you money

post image Many insurance companies are asking policyholders to install sensors in their automobiles in order to gauge their driving abilities. A device provided by car insurance carriers plugs into the auto’s data port, downloads onto a smartphone via a mobile app or can be utilized through onboard communications systems such as Onstar. The device collects information on mileage, braking, turns, acceleration, and what time of day the car is being used. The device, (called a “Telematic”) transmits the data to the company, which uses it to rate drivers. Traditionally, companies have gauged liability and risk based on parameters of socio-economic demographics, accident history, claims history, payment history and credit score. But Telematics supplies real data on the client, which can prove to be benefit to the policyholder’s insurance premium or reward customers with points that can be redeemed for gifts. There are advantages and disadvantages to installing a “Telematic” in your au ...
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Warwick Resource Group: Half of the things we are proud of; our clients never know about….

post image Unfortunately, many times, when you read headlines about the topic of  "insurance',  the articles are often told with a negative slant. Hurricane Sandy, health insurance woes, floods and fires ...  these stories are accompanied by the downside:  claims not paid, premiums jacked up, confusion as to what polices do and do not cover. If you Google "Insurance Headlines", the top hits can often be unfavorable. But as with most news stories, you never get to hear about the upside, the positive, the “good.” I want to share with you some of the success stories of my business and my agency in 2015 …  What we are “proud of”. Because honestly, most of the daily occurrences that give us the greatest satisfaction and pride, most policyholders will never hear about. Our Forward Thinking, Truly Caring, Always Concerned, Attitude Towards Our Clients – The average retention/attrition rate of an agency the size of Warwick Resource Group is 370 lost personal l ...
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TIME TO CELEBRATE! Making sure all of your guests get home safely.

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The weeks between Thanksgiving and New Years are filled with revelry, celebration and good spirits. This is the time of the year that many homeowners enjoy playing “host” and inviting their friends over to enjoy fine foods, social conversation and toast to good times. I want you to have a great time and rejoice in the season, but I also want to give you some tips, some simple precautions to ensure that everyone has fun and remains safe. No accidents, no tragedies, no litigation is the goal. Remember as the host, you are responsible for the well-being of your guests, especially if alcohol is being served.

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7 Simple Insurance Tips from a Long Time "Seasoned" Insurance Professional

post image Everyone is rushed. Each day people are constantly fighting the clock and dashing through their day, crossing chores off of their checklist and scrambling to get things done. The problem with the modern speed of life, is that every responsibility is not created equal. Consumers can sometimes equate purchasing insurance with signing up for cable service or making an appointment for the dog groomer. I call it the “One and Done” mindset. Purchasing insurance, whether for personal use (auto, home, life, umbrella, flood) or business requires much more than filling out a simple application and clicking “YES”. It is not a “one size fits all” proposition. In my 30 plus years in the industry, I have experienced consumers who have told me stories of bad decisions that they have made when it came to purchasing insurance. So I thought this might be a good opportunity to give you some advice from a longtime “seasoned” insurance advocate. TO GET THE BEST COVERAGE YOU N ...
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Deer in the Headlights: It's Mating Season for Bucks, Does, Bears and Cows

post image Romance is in their air during the months of October through December in the animal kingdom. You are driving down the highway during dawn to work, or home at dusk. Suddenly out of nowhere, a 5-point 400-pound Buck leaps smack into the middle of the road. Sounds ridiculous, but it happens, often this time of the year and on a daily basis. Just ask any auto shop or insurance carrier, who claim to have an uptick of animal-to-vehicle collisions of over 25% during fall. According to Insurancenews.net the odds of a deer collision are increasing. The population of white-tail deer has escalated to 30 million. That is over 100 times more than a century ago. The odds of hitting a dear are 1 in 169 during the year, but that figure doubles from autumn through early winter as mating and migration season for many large animals commences and the freeways are filled with them. Loss of their natural habitats due to population growth and sprawl, plus decreasing deer hunts have added to an increase in the deer population in su ...
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One of the most important insurance policies you will ever own .... that many people overlook

True story. Two families lived next to each other for years. The teenagers were best friends since preschool and grew up side-by-side. The mothers were in the PTA and played Bunco every Tuesday night. The fathers golfed in the summer, coached travel hockey in the winter. Holidays, BBQ's and Sunday afternoon Giants games were shared, as the children grew and the years rolled on. One day, when the kids were in high school, they decided to go to an outdoor concert. One of the teenagers grabbed the keys and got behind the wheel of his dad's car. On the way,  a horrific auto accident occurred. Everyone involved was airlifted to Westchester Medical Center for severe trauma.  Luckily, for both families, their children survived the crash, but it took many months of hospitalization, surgery, and rehabilitation for the teens to return to normal.   What began as a unified group of friends and family pulling together to make the kids heal, started slowly unraveling as the hospital bills started arrivi ...
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Carbon Monoxide - Over 15,000 Individuals are Poisoned Every Year

One morning very soon, we will wake up and a chill will be in the air, frost will cover the grass and we will be able to see our breath. Many homeowners will rise from bed and hit the thermostat, stock a pellet or wood burning stove with fuel, or start a gas-powered generator, to heat up their homes. But while these families go through the chores of their day, some will be unaware that a silent, deadly toxin is invading and slowly filling their homes: Carbon Monoxide.  Scary statistics - According to the CDC:   At least 15,000 individuals are sent to the emergency room every year due to Carbon Monoxide poisoning. At least 439 people die of unintentional, non-fire-related carbon monoxide poisoning every year, new CDC statistics show. But that number does not represent the entire total, only 13 states require doctors to report carbon monoxide related deaths. And not surprisingly, most carbon deaths and injuries occur during the months of January and December when the weather is ...
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There is at least one individual out there, that is trying to steal your identity ...

Do you remember a time when you could simply tear up a piece of paper and toss it in the trash? You could carry your Social Security card in your wallet? It’s amazing how much the world has changed in the last 20 years, that a person can “Google” your name and zero in on the exact location of your home, complete with Street View images. Your identity is no longer safe. At this moment, there is at least one individual looking to steal your identification and use all of your personal information for their own private use. And almost always, by the time you realize that something is askew … the damage is done. It can take years and thousands of dollars to rectify.  Because it is vitally important to protect all aspects of your identity, below is a list of tips on how to keep it safe:  1. Use a paper shredder. Carefully watch what you throw out. Shred any papers or statements that contain personal facts about you, including your date of birth and any of the following numbe ...
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Off to college they go .... but what about insurance ....

Since the day your child  was born, you have been doing everything you can to protect them. Security blankets, crib bumpers, knee pads, helmets, AAA Auto Car Protection and cell phones so he can call home, anytime. And quite shockingly, and almost unexpectedly  your teen will be heading out on their own in a few weeks, headed for college. No doubt, you’ve been spending the last few months on a tear, contacting roommates, chasing financial aid, filling shopping carts with bedding, funky posters and Ramen noodles. But most likely, you probably didn’t consider the insurance you may need for your college student. It generally slips people’s mind, until a problem or claim occurs.  Following are some points to consider when it comes to your college student's insurance needs: •   Auto Insurance •   Homeowner’s or Renter’s Insurance 1.    AUTO INSURANCE: Although it is true that you may be able to save some extra money ...
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Save Yourself From Grief. This is the Perfect Time To Review Your Insurance Policies

It may seem strange, while cleaning out your gutters from winter debris and seeding your lawn for spring, to think about the possible damage you may have from storms and floods in the coming months. But now is the idyllic time to check your homeowners, flood and umbrella policies to make sure that your coverage is complete. The biggest (and most frequent) mistake most policyholders make, is to check their insurance policies AFTER a disaster occurs, which is a time filled with stress and confusion. Below are some tips that may help you to manage the process of filing an insurance claim, BEFORE you need do so, and WHEN you need to do so….  Leave the Damage For the Claims Adjuster to Witness - It is vitally important that the accident area not be cleaned up and fixed. You should secure the area from any further damage and further deterioration, but only make necessary fixes.  A claims adjuster needs to witness the damage in order to correctly and accurately list all the destruction ...
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