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So Little Time

Wake. Workout. Eat. Shower. Coffee. Makeup. Hair. Coffee. Clothes. Drive. Coffee. Work, Work, Work, Work. Eat. Work, Work, Work, Work. Drive. Eat. Makeup. Hair. Clothes. Drive. Socialize. Eat. Drive. Sleep. REPEAT.  (sometimes I forget about the whole eating and sleeping thing)

That is just a ‘normal’ day. That doesn’t include my to-do list.

Life is full of schedules, activities, appointments, routines – and then some.  If you are like me, then you know that slowing down is not an option.  I am working hard to build a career for myself and attempt to have something that resembles a social and love life.  I don’t have time to stop and a read bunch of paperwork or add additional appointments to my schedule.  I don’ want to be bogged down with information that is overly technical and that doesn’t give me exactly what I need in a few short bullet points or paragraphs.  When I need to get something done, I want to do it in the most effective and efficient manner possible.  Time is the most precious commodity.  MY most precious commodity.  I don’t want it wasted.

When it comes to purchasing an insurance policy, I need to know that whether it is for auto, home, earthquake insurance, flood insurance, jewelry, renters, condo, house, life, or health insurance the entire process with be efficient, knowledgeable, and straight to the point.  With our business, online, over the phone, or in person – purchasing the insurance YOU need insurance has never been easier.  There are numerous methods to find quotes and purchase inventory – online, over the phone, thru an app, and even in person (GASP!). With so many options, there really isn’t a time excuse.  You can choose what will best fit in to your schedule. I mean, I can choose what will best fit in to my schedule.

I know the importance of having the proper insurance coverage, which means I also know I need to make the time to get it!

I am busy.  You are busy.  Let Susman Insurance Agency do the work for you, so you can use your time for that crazy-busy schedule.

Nobody Has Time For That!
Nobody Has Time For That!

My Home Owners Association says Buy Condo Insurance

I had been searching for a new home for quite a while and decided on buying a condominium. The condominium association takes care of insurance in case the building is destroyed by fire, smoke or weather related damages. I did not know why I needed homeowner’s insurance in addition. However, this association insurance does not cover anything behind my condominium walls.

No personal possessions, clothes, furniture, household items, and electronics are covered unless I buy a separate homeowner’s insurance policy. If I have fire or smoke damage to my apartment, I am not covered. If someone breaks into my apartment and steals my possessions, I am not covered without the proper policy.

Someone visits me and injuries are received due to a trip and fall accident, I am not covered for medical bills and liability protection in the event the injured person decides to sue me.

I made a list of what I owned, when I bought the item and how much I paid. I listed these items with a picture and the sales receipt on most of the expensive items. This will help the insurance company if I ever have to use this information. This is the only fair way to get reimbursed for my personal possessions.

My condominium association was only looking out for my best interests. I now feel secure in knowing that my investment is protected.

Why I love condo insurance

So you have finally got the condo that you have been desiring to buy for a long time. You may have searched for a long time and in a wide variety of locations to find one that is just right for you. Now comes the task of insuring your condo just in case there is a loss that happens.

Condo Insurance at a Glance

  • Condo insurance is much like home insurance except the condo association will have a policy for the basic structure of the complex. This may be referred to as a master policy.
  • Usually the owner is responsible for repairing from the studs in case of a total loss.
  • The owner will have to buy a condo policy to cover not only the inside of the structure but also their own belongings
  • The owner must also choose how much liability amount they need in case of a lawsuit.

Make sure to get the right kind of policy for your condo. After all, you do not want to have live in a house with no drywall or floor coverings. The reason why condo insurance is loved by a lot of people is because it takes care of repairing a persons home when nothing else will.

Is My Computer Covered By My Homeowner’s Insurance?

The required response to this question in order to obtain a license to sell insurance in most US states is, “Maybe.” The second required insurance agent phrase now follows. “It depends…”

I can, however, give you one absolute answer hardly tarnished by any hint of equivocation. And that is “No! Your computer will not be covered by your homeowners’ insurance when you find those pictures of your husband’s ex-girlfriend in that unmarked folder and opt to toss the entire system through the second-story window of your shared study. (The window probably won’t be covered either). Your computer also won’t be covered if it floats in a flood or if an errant piece of Sputnik targets it as it sits on your desk, either.

You might have a claim, though; had you reported that your neighbor’s dog attacked the system.

Here’s when the “insurance speak” begins. It depends. It depends on your coverage, how your computer is damaged or missing, how old the computer is, how much it cost, maybe how much it would cost to replace, whether your policy contains a replacement cost endorsement, who wrote your policy and how much of a deductible you chose when you purchased your policy.

But you aren’t the first person to ask this question. Indeed, according to a May 22nd report 2012 for 2011 claims, Enservio, reported that electronics comprised the second most expensive contents-loss category with a 13 percent Replacement Cost Value (RCV) as determined by the dollar value percent of total claims. Approximately 65 percent of the electronic claims were for loss by theft and claims including this category rose by 15 percent last year. Way back in 2002, when personal computers weighed as much as Vintage VW Bugs, thieves stole over half-a-million computers. The main concern with desktop computers now is identity theft, not theft of the plastic housing. With the advent of portable laptops, the number lost or stolen is so huge isn’t even estimated.

Here are the nuts and bolts: if your computer is covered, it is probably only covered to a limit of perhaps $1,500. This is adequate for most of us. If it requires more than this, you should probably speak to your agent to determine if additional coverage is necessary. Also, unless you purchased a replacement cost endorsement, your claims adjustor will deduct the use and wear of however many years ago you purchased the laptop or desktop. Assuming you bought a scaled down MacBook Pro laptop three years ago, your computer might be currently valued at $500 — not even counting the software updates. But there’s one more thing: you chose that $500 deductible way back when you first purchased your policy. You know, so you could save money. So, your insurance company owes you $0.

Before you throw your arms up and say, “See? Nothing is ever covered!” consider an alternative. For less than a cup of coffee a day, you might have purchased a replacement cost endorsement back when you bought the policy. Depending upon the company and your claims history, you might have purchased a smaller deductible too. If the lowest model MacBook Pro is now $2000 and you purchased a replacement cost endorsement with a $250 deductible, you now get a replacement laptop valued at two grand for the cost of your deductible.

Finally, consider this alternative: call you agent now to find out these details. Don’t wait until a thief makes the call necessary.