Posted on 3/20/2017 8:00 AM By Keith Savino
Sometimes it seems like the insurance industry receives an inordinate amount of negative press. Tales of excruciatingly lengthy procedures and consumer unhappiness are often found in the headlines, while the stories of client satisfaction, industry compassion and professionals working in favor of their customers’ best interest are often buried or non-existent.
So, when the annual J. D. Power U.S. Property Claims Satisfaction Study, was released on March 1st, I felt a great sense of pride for my chosen field and the entire industry. After a 10 year rise in catastrophic events in the United States, over-all customer satisfaction rate in homeowner claims has hit an all-time high.
Greg Hoeg, Vice President of U.S. insurance operations at J.D. Power was delighted to report that, “Following the significant declines in customer satisfaction found in the 2016 study, property and casualty insurers have redoubled their efforts to improve the settlement process and fine-tune their customer intera ...
Posted on 2/13/2017 8:01 AM By Rich Savino
For High School Seniors, February and March are usually crunch time for making decisions on where they will be spending the next four years of their lives. If they are college bound, they will be heading to their new campuses in less than six months.Per the National Center for Education Statistics, 20.7 million students are expected to enroll at universities in the United States, for September 2017, 13.3 million will be living away from home studying and attending at four year colleges. Now is the time for choosing a college, finding a residence hall, looking for compatible roommates, chasing financial aid, and making endless lists of everything you will need to remember before you drop off your child and wave goodbye.
But something to keep in mind and add to that endless list of things to do in the next few months; think about college and how it effects your insurance.
1. AUTO INSURANCE – Whether your child takes his car to school, or leaves it home, it is always a wise idea to keep your c ...
Posted on 1/30/2017 11:24 AM By Rich Savino
Per the most recent statistics from the FBI, there were an estimated 7,993,631 property crimes, nationwide in 2015. 21% of those were home break-ins. The number fluctuates by year, but has steadily escalated over the last decade.
Closer to home, certain neighborhoods in Warwick have seen a recent rash of thefts in January 2017, from snowboards stolen from the back of Jeeps in driveways; to break-ins of sheds and garages. Locally the area is experiencing an uptick in property crime and theft of consumer goods. Warwick Police have indicated that these types of crimes can often be drug related, reselling hot merchandise for quick cash.
Beyond guard dogs, deadbolt locks, outside motion sensor lights or more expensive security such as the Slomin Shield and Honeywell, how can you protect yourself from having your home and property burglarized (without breaking the bank)?
Historically, homeowners often invested in a central monitoring home security system such as ADT. The process involved:
Posted on 11/21/2016 8:01 AM By Rich Savino
In a few days, some of you will be taking to the highways to head home or maybe on vacation for the Thanksgiving Holiday. Others will be preparing meals for guests or deep frying turkeys in vats of peanut oil. There is a lot of activity happening in most people’s lives in the next week and although we look forward to the festive feasting and fun aspects of the holiday, safety-wise and statistically there are a few things that you will need to look out for:
TIME TO MAKE THE TURKEY – According to the American Red Cross, cooking fires nearly double on Thanksgiving Day, occurring more than twice as often as on any other day. Maybe it is because turkey is not something that is on our weekly menu and it needs special handling. Maybe it is because we often have so much to do to prepare for our feast that we are distracted while cooking. But whatever the reason, the last thing you want is an emergency room visit, or a house fire on the holiday. So here are some common-sense holiday cooking ti ...
Posted on 11/18/2016 11:19 AM By Keith Savino
You feel so very violated. You arrive home after a wonderful weeklong “de-stressing” vacation, park the car in the driveway, turn the key, open the door and step inside. Suddenly you realize that something is a bit askew. Nothing is where it should be.
And then you realize it. You have been robbed.
You don’t understand it. You stopped mail and newspaper delivery, had automatic timers placed on the lights and asked your neighbor to mow your lawn while you were gone, why did this happen? You did everything the checklist on the "Safety Tips Website" told you to.
Most thieves are not stupid. They read the same “Safety Tips” lists that you do. They know what you are thinking. Often, modern thieves do not pick a house at random. They have been scoping out the neighborhood long before you were the chosen one and they did their research before they decided to give you the honor of their breaking into your home.
Preparing to NOT be a victim happens long before you pack ...
Posted on 10/13/2016 6:29 PM By Rich Savino
The statistics are alarming, heart-breaking and avoidable. Each year 400 people in the United States die from “non-fire related” carbon monoxide poisoning; and 20,000 emergency room visits are due to inhalation of carbon monoxide. Almost every single one of them, is preventable.
Carbon Monoxide is odorless, colorless and can become an issue in your home when autumn sets in. Once the cold starts creeping, we shut the windows, place draft guards at the doorways and spark up the furnace. Shutting the house up tight may save on heating bills, but the downside is that it creates a seal that prevents the house from breathing and gases to get trapped. Any element in your house that “burns fuel” releases carbon monoxide. It exists around you every day in small quantities. It is once it is trapped and builds that it makes you ill.
So how do we prevent ourselves from becoming a statistic?
First know the symptoms of Carbon Monoxide poisoning.
Early symptoms of carbon monoxide poisoni ...
Posted on 9/26/2016 8:00 AM By Rich Savino
The stories have made headlines over the past year., “Former Boston Uber driver sentenced for rape.” There is a website dedicated to reporting Uber and Lyft alleged assaults against women (www.whosdrivingyou.org) . That site lists dozens of incidents from around the country of robberies, attacks, misdemeanors and felonies between Ride for Hire drivers and female passengers. It is getting to the point where women are shying away from using the service in fear that they really have no idea who is behind the wheel of the vehicle they are driving in.
Enter, “Chariot for Women”, “Safe Her” and “See Jane Go” just a handful of new ridesharing services that have been created recently to appeal to women only and create a comfortable and safe environment and experience for women who need car service.
The ridesharing services work exactly the same as Uber or Lyft. Drivers and passengers register on the website or via a phone app. After a certification and training proce ...
Posted on 9/7/2016 11:53 AM By Keith Savino
Storm paths are unpredictable. Insurance client’s reactions to storms are very predictable. The good thing about a hurricane or other weather phenomenon approaching is that it causes people to re-examine and reconsider their current insurance policies and their possible needs. Do I have the right insurance? Do I have enough insurance? What happens if I need to use my insurance?
It’s good for people to be shaken up a bit, because it causes them to reevaluate. So I thought it would be an excellent time for a quick update on floods, hurricanes, and wind, (oh my!)
Does Homeowners Insurance cover damage from a hurricane?
There is no singular insurance policy that can cover all the possible scenarios of damage that a hurricane can cause to your property, your house and your belongings. Most damage that happens during a hurricane is related to wind damage or flood. Your individual Homeowners Insurance should cover lost shingles, trees that toppled onto buildings, total destruction, ...
Posted on 8/22/2016 8:00 AM By Rich Savino
Immediately after September 11, 2001, individuals scrambled to prepare for the unexpected. We were so caught off-guard, that citizens began to squirrel away food, water, batteries and other essentials “just in case.” When Hurricane Sandy approached, residents scrambled and stocked up on frozen pizzas, milk, and flashlight batteries, only to have to toss out the spoiled and defrosted food after towns were plunged into darkness for weeks. You’ve seen it over and over. Every time a snowstorm is predicted to bury us under multiple feet of snow, the lines at Shop-Rite are out the door and a loaf of bread is nowhere to be found. We wait until we are on the edge of disaster and we “react” instead of “act.”
To combat the confusion, the Federal Emergency Management Agency (FEMA) has designated September as: "National Prepardness Month". This specific event was created in response to the 9/11 attacks and is meant to reach out to citizens and ...
Posted on 8/1/2016 8:01 AM By Rich Savino
Most likely if you watch the evening news or log into any social media platform you have heard about the Sand fire outside of Los Angeles. Horrible, uncontrollable rage of flames spreading far and wide. As of my writing this, 18 structures have been destroyed, countless acres burned, property loss has been extensive, thank God there has been no loss of life.
Last year our west coast offices in Washington were damaged by wildfires that were consuming towns in the Northwest. Luckily we were able to rebuild, but many residents lost their homes, their possessions, their treasures that are irreplaceable.
Conditions this summer are ripe for wildfire, no matter where you live. In New York, you can smell the scent of pop-up brush fires that are occurring in local forests and farmer’s fields right outside the front door of your house.
Since the National Weather Service is predicting that this drought could last until late October, I thought it might be an optimal time to give you some tips on how to prev ...
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