Posted on 12/19/2016 8:00 AM By Rich Savino
Last evening I was sitting in my kitchen and the phone rang. Absorbed in a project, I let the phone call go to voicemail. After completing what I was working on, I pressed the button on the phone and listened to the message.
It was a lady’s voice, very professional, sounded “real”. She was informing me that her name was Joyce; she is a Customer Service Representative from Orange and Rockland Utilities and she was calling because records show that I am behind on my account, and for my convenience she would be happy to take the payment information over the phone. Since she missed me she would try again later.
I looked at the I.D. on the phone and indeed it said “O & R”.
But then I remembered, my account is fine. As a matter of fact, Orange & Rockland owes "me" a credit because I overpaid last quarter.
Confused, I called them.
The representative from the utility company stated that no call was placed by them to my residence. Furthermore, Orange & Rockland DOES ...
Posted on 7/25/2016 8:00 AM By Rich Savino
My office is located on the corner of one of the busiest intersections in Warwick. South Street and Main. The windows overlook the streets and we have a bird’s eye view of the all the crazy happenings that occur on a daily basis. Jaywalking, parking tickets, the occasional street argument and road rage. During the summer, when school is out, Warwick becomes particularly quiet and sleepy. It is as if the entire town packs up and leaves for sunnier destinations… Except something strange has occurred in the last three weeks to change this quiet little country town into the land of Pikachu seeking Zombies …. The "Pokemon Go" phenomenon.
Now honestly I do believe that anything that makes teenagers and sedentary children rise from the couch, leave the house and walk is a great idea. And Nintendo has done an outstanding job with Pokemon Go, forcing kids to earn points and capture creatures by simply moving. But I have also seen some really dangerous safety issues when people are playing, ...
Posted on 6/6/2016 8:00 AM By Rich Savino
It happens in less than a second. One moment an employee is on the job, working hard, smiling and looking forward to the weekend. The next moment, he is sprawled out on the floor, grabbing his knee, unable to get up, his leg bent at a peculiar angle. The receptionist picks up the phone, calls 911 and you can hear the sound of a siren in the distance.
On the job/work place injuries and accidents happen in less than an instant, but can have long lasting effects and huge financial impacts.
Workers' Compensation insurance is legally required in most states as long as your business has a single employee. It covers medical and disability expenses related to work-related sicknesses and on-the-job injuries. Employers' liability coverage, which is an aspect of most worker’s comp policies, protects your company in case of litigation, by paying legal fees and any awarded settlements should an employee sue you, claiming that an illness or injury was caused by your company's negligence or failure to provide ...
Posted on 4/18/2016 8:01 AM By Rich Savino
Stand on the sidewalk of any high traffic, high volume street corner in “Any Town, USA” and observe for one hour.
· How many people drive by, looking down at their laps?
· How many drivers have their cell phones to their ears?
· Who has one hand on the wheel because they are applying lipstick, sipping coffee, examining wrinkles, reading a map, or Google searching a great local restaurant?
Eye opening isn’t it? I think is is shocking and scary. As a father of two teenagers, I am astounded that almost ½ of the people I notice driving, do not have their eyes on the road.
I don’t know a single community that hasn’t experienced the devastation of a student or individual being seriously hurt in an auto accident, where the determining factor was somehow related to inattentive driving. Too many people are ending up in emergency rooms, hospital beds and ...
Posted on 3/14/2016 8:00 AM By Rich Savino
I was not shocked when I read the recent headlines that Google Compare was ceasing operations. To give you a little history on the background of Google Compare, last spring, Google (a U.S. based international technology company that specializes in internet related services and products) launched a comparative rater for auto insurance. It was tested in both the U.K. and the U.S. Consumers could log onto the site, add specific personal and driving information and receive quotes from 28 insurance carriers. The purchaser could either choose a policy online or call and speak to the chosen carriers’ agents over the phone.
Comparative raters are not a new technology. Companies such as insurance.com, esurance, quotepro and turborater (to just name a few) have been utilizing the technology to reach out to consumers for 5 years or more. The difference is that Google Compare was one of the largest players to enter the game, and as with every thing Google-related, they expected to squash the competition.
Posted on 3/7/2016 8:00 AM By Rich Savino
I know you are probably sitting in your home right now, reading my blog while curled up by the fire, or enjoying a cup of piping hot coffee, bracing yourself to head out into the late winter temperatures. President’s Day weekend we had record low temperatures in the New York Tri-State Area. Two Sundays ago the outdoor reading on the thermometer was -7 (with a real feel temperature of -27) ….
But although it does not seem like it sometimes, Winter will be winding down shortly, and the warmth of spring and the strong rays of the sun will make everyone feel a lot better.
The only unfortunate aspect of the spring thaw is that it is also Flood Season. The months of March, April and May are usually the months that the insurance industry receives the most claim filings for flooding. And according to the National Flood Insurance Program, 25% of claims are filed by people who live outside of high risk areas. Between 2008 and 2012 the average flood claim in the United States was over $41,000. A ...
Posted on 2/8/2016 8:00 AM By Rich Savino
There was a time when insurance was purchased by clients to protect themselves from disasters, misfortune, and catastrophe from nature, accidents and irresponsibility. But insurance has evolved and expanded over the years due to the fact that, society has become extremely litigious.
People will sue for the craziest things, and often businesses and employers are targeted from their own employees. Whether the circumstances are due to a rise in unemployment, companies down-sizing, a struggling economy or the belief that “I am not hurting the business, because the insurance company pays,” employee suits against business owners have risen dramatically over the last 10 years with an increase of over 13%.
And although all the lawyers that I deal with personally and professionally are responsible and conscientious, there are those that know all about liability and how to work the insurance system for financial gain.
In the last few years, I have heard numerous stories of “my employees ...
Posted on 12/14/2015 8:00 AM By Rich Savino
Recently an article in the local newspaper featured a story about a senior citizen that teaches piano lessons out of her home. She has been doing so for over 50 years, and hundreds of students have sat at her piano, learning pieces from “Chopsticks” to Ravel’s “Gaspard de la Nuit.”
After reading the piece, I decided that “Home-Based Businesses” are a good topic for my blog. In the current economy, many single parents, senior citizens and stay at home moms are choosing to become entrepreneurs. Home-based – child care, tutors, piano teachers, pet sitters, bakers, dance instructors and hair studios are popping up all around my town. I think it is fantastic, as many great enterprises from Apple Computer to Harley-Davidson began in garages and basements.
The downside, is that there is often a misconception that everything that happens under your roof is covered by Homeowners Insurance. Liability, equipment and theft are generally all covered under your H ...