One term that many people are not familiar with is uninsured motorist property damage, also known as UMPD. This is an endorsement you can add to your policy if you have a vehicle with Liability Only. UMPD covers your vehicle if a driver with out insurance hits you and damages your vehicle. With this coverage you are subject to a deductible (usually $200 or $250) and it runs approximately $2 a month.
It is important to understand if you have this coverage or want this coverage. If your vehicle is Liability Only and you do not have UMPD and a driver with out insurance hits you and totals your vehicle, then you are out a vehicle. However, if you have UMPD and your vehicle is hit and totalled by an uninsured driver, your company will pay to fix or replace your vehicle. With 15% of drivers in Colorado not insured it is imperative to understand if you and your vehicle will be covered in case of an accident.
visit us @ http://www.cisforyou.com/ to get a free quote and make sure you and your vehicles are properly covered.
Wednesday, February 23, 2011
Friday, February 18, 2011
Happy Friday!
What do you get when you cross a snowman with a vampire??
A frostbite
What do prisoners use to call eachother??
A cellphone
How do crazy people go through the forest??
Take the psycho path
What do you get from a pampered cow??
Spoiled milk
Happy Friday Everyone! If you have any funny "what do you call" jokes please share! Also do not forget to visit us @ http://www.cisforyou.com/ and get your FREE NO-OBLIGATION quote today!
A frostbite
What do prisoners use to call eachother??
A cellphone
How do crazy people go through the forest??
Take the psycho path
What do you get from a pampered cow??
Spoiled milk
Happy Friday Everyone! If you have any funny "what do you call" jokes please share! Also do not forget to visit us @ http://www.cisforyou.com/ and get your FREE NO-OBLIGATION quote today!
Tuesday, February 15, 2011
Don't Assume It's Covered
Did you get a nice piece of jewelry for Valentines Day this year? If so, it is important to understand what articles are automatically covered under your personal property insurance and which articles you may want to Schedule.
The contents of your home such as furniture, clothing, electronics etc. are considered personal property. Your personal property can be found under coverage C of a dwelling policy. These items will be covered as long as you own it as the insured and as long as it is used by you as the insured anywhere in the world. The limit of your personal property coverage is based off of the amount your home is insured for, typically this amount is 70% of the homes insured value.
There are limits of liability that apply to many items. The following is the common limit on each article but it is important to remember that many insurance companies vary.
*Money, bank notes, gold other than gold wear, silver other than silver wear, coins & medals: $200
*Securities, accounts, deeds, evidence of debts, letters of credit, passports, tickets & stamps: $1,000
* Water craft, trailers, furnishings, equipment and outboard motors all under 50 HP: $1,000
* Trailers not used with water craft: $1,000
* Theft of jewelry, watches, furs, precious and semiprecious stones: $2,500
*Loss of firearms by theft: $2,500
*Theft of silverware, silver-plated ware, gold ware, gold-plated ware and pewter ware: $2,500
* Property on the residence premises used for business purposes: $2,500
Discuss with your agent what limits you have on these certain personal property items and keep in mind you are subject to your deductible in case of a loss. If you feel that your articles are worth more than the policy limits then you should add the Scheduled Personal Property Endorsement. This endorsement allows you to increase your limits of coverage on your valuable articles and covers you for mysterious disappearance. This means for example if you drop your ring down the drain or lose it on a trip your item will be covered.Scheduling is not subject to your deductible and usually runs about ten dollars per thousand.
So make sure your valuable items you own are fully covered with the Scheduled Personal Property Endorsement.
Always remember, here at CIS we have over 30 years of insurance experience, which makes us not just agents but insurance specialist.
http://www.cisforyou.com/
The contents of your home such as furniture, clothing, electronics etc. are considered personal property. Your personal property can be found under coverage C of a dwelling policy. These items will be covered as long as you own it as the insured and as long as it is used by you as the insured anywhere in the world. The limit of your personal property coverage is based off of the amount your home is insured for, typically this amount is 70% of the homes insured value.
There are limits of liability that apply to many items. The following is the common limit on each article but it is important to remember that many insurance companies vary.
*Money, bank notes, gold other than gold wear, silver other than silver wear, coins & medals: $200
*Securities, accounts, deeds, evidence of debts, letters of credit, passports, tickets & stamps: $1,000
* Water craft, trailers, furnishings, equipment and outboard motors all under 50 HP: $1,000
* Trailers not used with water craft: $1,000
* Theft of jewelry, watches, furs, precious and semiprecious stones: $2,500
*Loss of firearms by theft: $2,500
*Theft of silverware, silver-plated ware, gold ware, gold-plated ware and pewter ware: $2,500
* Property on the residence premises used for business purposes: $2,500
Discuss with your agent what limits you have on these certain personal property items and keep in mind you are subject to your deductible in case of a loss. If you feel that your articles are worth more than the policy limits then you should add the Scheduled Personal Property Endorsement. This endorsement allows you to increase your limits of coverage on your valuable articles and covers you for mysterious disappearance. This means for example if you drop your ring down the drain or lose it on a trip your item will be covered.Scheduling is not subject to your deductible and usually runs about ten dollars per thousand.
So make sure your valuable items you own are fully covered with the Scheduled Personal Property Endorsement.
Always remember, here at CIS we have over 30 years of insurance experience, which makes us not just agents but insurance specialist.
http://www.cisforyou.com/
Tuesday, February 8, 2011
Co Insurance Specialists: What to do in case of an accident
Co Insurance Specialists: What to do in case of an accident: "With the roads covered in snow and accidents more likely to happen, it is important to remember what to do when involved in an accident. Lis..."
What to do in case of an accident
With the roads covered in snow and accidents more likely to happen, it is important to remember what to do when involved in an accident. Listed below are things you should immediately do after an accident:
* Remain at the scene of the accident.
* Take steps to prevent further accidents-park safely, turn on emergency flashers.
* Call the police or ask someone to call for you.
*Give the other driver(s) your name, insurance company phone number, the vehicle's license plate number and your drivers license number.
*Obtain the same information from all other parties involved and witnesses.
* Do not admit fault. Discuss the specifics of the accident only with the police.
* If you have a digital camera or camera phone, take photos of the accident scene and vehicles if it is safe to do so.
* Call your insurance carrier toll-free hot line immediately. It is important to call right away so they can get to work settling your claim fast, fair and hassle-free.
It is important to remain calm, make sure you are not injured and get as much information as possible from all parties involved.
http://www.cisforyou.com/
* Remain at the scene of the accident.
* Take steps to prevent further accidents-park safely, turn on emergency flashers.
* Call the police or ask someone to call for you.
*Give the other driver(s) your name, insurance company phone number, the vehicle's license plate number and your drivers license number.
*Obtain the same information from all other parties involved and witnesses.
* Do not admit fault. Discuss the specifics of the accident only with the police.
* If you have a digital camera or camera phone, take photos of the accident scene and vehicles if it is safe to do so.
* Call your insurance carrier toll-free hot line immediately. It is important to call right away so they can get to work settling your claim fast, fair and hassle-free.
It is important to remain calm, make sure you are not injured and get as much information as possible from all parties involved.
http://www.cisforyou.com/
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