Simply Explaining Insurance

It’s important to have coverage for your stuff.  Whether it is your personal property in your home, or your equipment for your business.  I encourage everyone to evaluate their coverage amount and at the same time, make sure that coverage is there for you if you need it off your premises. On a personal lines […] The post Simply Explaining Insurance #51- Off Premises Property appeared f...

Most people understand why it is important to keep your auto insurance in force.  It’s the law.  That doesn’t scare 1 out of 7 people out there who are driving around uninsured.  What you may not know, is there is a financial consequence to having a gap in your auto insurance. People who have gaps […] The post Simply Explaining Insurance #50. Prior Insurance appeared first on Die...

There are two coverages inside of a commercial auto policies that you need to be aware of. Hired and non-owned auto will protect your business if you and/or your employees are in an accident. Hired auto will cover you if you are renting a car for business.  The liability from your policy will transfer over […] The post Simply Explaining Insurance #49. Hired and Non owned Auto appeared first...

Workers compensation is a need for any company that has W2 employees.  It is a policy to protect your employees if they are injured on the job.  The pricing on a workers compensation policy can be confusing at first, but it’s really pretty simple when it is explained. There is your payroll, your industry rate, […] The post Simply Explaining Insurance #48 Saving on Workers Compensation...

What if you as a business owner are accused of something by an employee or ex employee for something that you didn’t do?  What if you are accused of sexual harassment? Or wrongful termination? Or discrimination? What if this disgruntled employee hires a lawyer? According to a 2015 Hiscox study, 1 in 5 businesses of […] The post How to protect you and your business if you are accused of...

Did you know statistically 1 out of every 8 drivers is uninsured?  There is a coverage called uninsured motorists that is available on your auto policy, but did you know that covers your medical bills?  What about your car?  How is that covered?  What if you have liability only on your vehicle? The answers lie […] The post You were just hit by an uninsured motorist. Who pays for the repairs...

When you write an auto policy with an insurance carrier, the insurance company insures the vehicle for blue book value.  If you make any additions to the vehicle, it’s important to let your insurance company know in order to make sure everything is covered. For example, if you add a cover to your truck.  It’s […] The post Is your entire truck covered on your auto policy? appeared...

Let’s say you just bought a spanking brand new car.  It has all the new tech, all the bells and whistles and as your seat is warming up and you are figuring out how play a song on your radio, you rear end someone and total it. You walk away unscathed other than your pride […] The post Add gap insurance to your auto policy to save. appeared first on Dietz Agency . The post Add gap insur...

This topic many don’t know about and many will not care about.  BUT, I have had a number of conversations in my agency over the past year revolving around this topic so it was time to chat about it. What are OEM parts?  OEM stands for Original Equipment Manufacturer.  This is an endorsement you can […] The post Simply Explaining Insurance- OEM Parts appeared first on Dietz Agency . The...

I sat down with a friend recently so that she could share the story of the most difficult time of her life.  Lisa lost her husband after a brutal bout of cancer.  Dan was 49 years old. Dan did a beautiful for Lisa years before.  He purchased a life insurance plan for her and it […] The post “It gave me the time to grieve” appeared first on Dietz Agency . The post “It gave m...

There can be some confusion sometimes between what constitutes “full coverage” auto insurance and liability only.  What full coverage means, is that you have liability AND coverage to repair your vehicle in the event of an at fault claim. Other coverages are available on an auto policy, but they are optional and don’t automatically come […] The post The auto insurance cover...

It’s a homeowners biggest nightmare.  Picture yourself coming home from a long day of work to an empty house.  Maybe you’ve been looking forward to sitting down with a glass of wine or an iced tea and a little time to decompress.  You pull up and your driveway is wet.  You open the garage and […] The post What to do when your home is full of water. appeared first on Dietz Agency...

Your home is most likely only your biggest asset and it is crucial that you insure it properly. Odds are you have no idea what your home is insured for.  Maybe your mortgage broker put it all together for you with an insurance agent.  It’s time to dust off that policy and take a look […] The post Learn how to choose the right amount insurance for your house in 5 minutes. appeared first...

Did you know that you can extend your liability from your homeowners policy to a plot of land?  You can also extend it to watercraft like jetskis or boats.  It is VERY inexpensive way to make sure you are adding that protection to things that need it.  Take a few minutes and listen to this 4 […] The post Extend your homeowners liability! appeared first on Dietz Agency . The post Extend your...

There are two coverages that should be built into your auto policy.  They are called Uninsured motorists and underinsured motorists.  They protect you and anyone in your car if you are hit by someone who doesn’t have ANY insurance or if they don’t have enough insurance.  These are an important defense to making sure you […] The post What if you are hit by an uninsured driver? app...

This is a question I get once in awhile. “Why did my insurance go up, I have never even filed a claim?!”.  When you have a true understanding on the mechanics behind how insurance works, I think you will see why rate increases occur. When insurance is needed, it is used to pay for dozens […] The post “Why does my insurance go up?” appeared first on Dietz Agency . The...

I think it is amazing when a company offers group life insurance as part of their benefit package and if your company offers it, get as much as you can.  There can be some shortcomings though if this is the only policy you have to protect your family. For starters, most people have no idea how […] The post Your group life insurance plan, should be secondary to your own plan. appeared first o...

To steal a line from my childhood hero Ferris Bueller, “Things move pretty fast these days.”  You can now order a cab from your phone using a rideshare service.  I used Uber for the first time recently and was amazed at the entire process.  The simplicy, the elegance of the app and the fact that […] The post 90% of rideshare drivers have a gap in their auto insurance appeared fir...

Short little tip here.  If you have a car that you use seasonally and have it stored for months at a time, make sure you let your insurance agent know.  They will strip all of the coverage off of it except for the coverage called “comprehensive”.  This covers it if it is damaged while in […] The post When you store your car, store your insurance too appeared first on Dietz Agency...

Your house is one of the biggest investments you will ever make.  I sat down with Brandon Wright who is the owner of Ultra Clean.  He unloads, a ton of useful information to help us understand what to look for and how to prevent damage to our home. Homes do not come with a user […] The post A user manual for homeowners. appeared first on Dietz Agency . The post A user manual for homeowners....

This is a short and sweet podcast that explains some of the details on insurance billing.  It isn’t the sexiest of topics, but I will teach you how to get the most out of your insurance dollar.  Since you will be paying for insurance for the majority of your life, knowing this can save you […] The post How you pay, determines how MUCH you pay. appeared first on Dietz Agency . The post...

There are plenty of benefits for a renter to carry renters insurance, but did you know how it can protect you as the landlord? The most important part of this policy for you the landlord, is the line of liability that is included.  Most renters policies include liability that protects you against fire, smoke and […] The post How good landlords use renters insurance to protect their investmen...

The deductible you choose for your insurance, directly affects what you pay.  The higher your deductible, you lower your premium.  The question is, what is your cost threshold?  How much are you willing to “self-insure” for?  I have clients who are paying too much for their insurance because they have their’s set too low. In […] The post Are you carrying the proper deductib...

If you have an son or daughter that is about to get their drivers licence, it’s an important time in all of your lives.   I remember when I turned 16 and my father took me down to the DMV to get that little piece of plastic.  It was one of the first times I […] The post 5 pieces of advice for you and your youthful driver. appeared first on Dietz Agency . The post 5 pieces of advice for...

Identity fraud will continue to be a growing concern for us.  There are ways to protect yourself out there and one of those ways can be through your insurance policy.  Some insurance companies, including the one I am with, offer a rider on their homeowners policy or renters policy that offers active credit monitoring.  Learn […] The post Protecting yourself against identity fraud appeared fi...