Wednesday, December 17, 2008

Insure Your Snowmobile Property

It's getting to be that time of year, when motorcycles and ATV's are being put away in storage while the snowmobiles are being brought out.  If this winter shapes up anything like last year, than this will be another great year for outside snow-related fun (that should translate into another bitter cold and snowy winter for the rest of us!)

Most people typically know to get out the thick coats, hats, gloves, goggles, and scarves to protect against the worst winter has to offer us, but one should not forget about whether or not they've checked up on their snowmobile insurance to protect them from teh other elements that may occur during the recreational fun.

Just as motorcycles and ATV's have their own type of coverage, so to do snowmobiles.  We offer specially designed policies from industry leaders to make sure you can get the most out of your winter-time fun without the bothersome worries of whether or not you protected properly.

Whether it be physical damage protections to make sure your snowmobile is protected itself or the vast array of liability protection, we strive to make sure you are worry free for the season opener.

While we are not rooting for winter this year, we are rooting for you and the time you'll have this time of year to enjoy the best an Iowan winter has to offer.

Remember just as it is important to do occasional check-ups on your auto, home, motorcycle, and boat policies; it is also a good idea, and a good time, to explore getting or checking up on your snowmobile policy.

Monday, December 1, 2008

You've Got Some Q's: We've Got the A's

Q:  I am a pizza delivery driver and I hit another vehicle.  My policy will cover the damage, right?

A:  NO.  A personal auto policy will not cover a vehicle being used for delivery purposes.  The same policy will also not cover paid-for snowplowing or people transportation (i.e. taxis).

You would need to have a commercial auto policy in order to cover this vehicle and the liability properly.

If you engage in these types of business, call your Absolute Agent today to ensure you have the right policy!

Q:  I failed to pay the renewal, but companies have a grace period, right?

A:  NO.  If the renewal payment has not been paid, then there is no coverage at that moment.  There are no grace periods on renewal payments as the policy period has expired.  These are handled differently than regular monthly bills that do have a short grace period.

Q:  How often should I get my jewelry appraised in order to keep it as a separate rider on my insurance policy.

A:  You'll want to get such things appraised about every 3-5 years.  This is in your best interest as the price of gold and precious metals and stones have increased drastically over the past 2 years.  For instance, if you had a ring appraised in 2002 and it came to a value of $2,000 and now it would appraise at $10,000 in order to replace, then the company would only be responsible for providing the $2,000 in coverage.  As you can see, given the vast increases in value on these types of things, it is very important to update these every 3-5 years.