One of the most common misconceptions about Homeowners Insurance is that it will cover recreational vehicles, such as snow machines, ATVs, and even boats. But the truth is, Homeowner’s Insurance is not meant to cover any motorized vehicles (with some limited exceptions). Snow machines, ATVs and boats are all designed for use away from the home. Yet, they are not approved for highway use, so they do not fit under auto insurance either. So a special “Recreational Policy” was designed to cover this unique risk.
The coverage options for your ATV, boat or snow machine are similar to those of your auto policy; offering coverage for fire, theft, vandalism, collision, and even liability.
Hood Agency, is a team of licensed insurance professionals, that strives to be the very best equipped with the knowledge to help every client’s unique insurance needs. We provide affordable Insurance to fit your budget and VALUE accross the entire state. We look for all possible discounts and provide high quality coverage. Specializing in Auto, Home, Earthquake, Umbrella, & Life. We also have RV, Snowmachine, Boat, and other coverage’s available.
Tired of the Pesky credit card offers????
Call 1888-5 optout(1888-567-8688) and asked to be removed from mail solicitations! It is very simple and will eliminate all the credit card offers!
Discounts for your young driver
Save 10% on a G.P.A. of 3.0 or higher. Also add an additional 10% with the completion of the Teen Smart Program.
(discount code AA)
http://www.adeptdriver.com/teens_insur_gen_allstate.php
(discount code AA)
http://www.adeptdriver.com/teens_insur_gen_allstate.php
Liability Limits???
The State of Alaska requires you have liability limits of $50,000/$100,000/$25,000. But what does that mean to you?
“The Insurance Information Institute (I.I.I.) recommends that you have $100,000 of bodily injury protection per person and $300,000 per accident.”
If you had an accident and were found at-fault, you would have to have Insurance to cover the injuries of the other party (or parties) involved at $50,000 per person, up to $100,000 total per accident. Think that’s a lot of coverage? The average broken arm costs about $5,000. Also is $50,000 enough for the loss of a life?
Alaska only requires $25,000 for damage to other people’s property. Cost of the average truck or SUV: $35,000-40,000. That is why we make a habit of quote $50,000. The price difference? About $2-3 every six months…literally pennies of month!
For more information, check out:http://www.iii.org/individuals/auto/b/howmuchcoverage/
“The Insurance Information Institute (I.I.I.) recommends that you have $100,000 of bodily injury protection per person and $300,000 per accident.”
If you had an accident and were found at-fault, you would have to have Insurance to cover the injuries of the other party (or parties) involved at $50,000 per person, up to $100,000 total per accident. Think that’s a lot of coverage? The average broken arm costs about $5,000. Also is $50,000 enough for the loss of a life?
Alaska only requires $25,000 for damage to other people’s property. Cost of the average truck or SUV: $35,000-40,000. That is why we make a habit of quote $50,000. The price difference? About $2-3 every six months…literally pennies of month!
For more information, check out:http://www.iii.org/individuals/auto/b/howmuchcoverage/
Why an Inventory is so important!
Do you know what's in your house? Most people do not realize just how much stuff they actually own. We recommend taking the time to do an inventory of all your personal belonging. This may seem like an overwhelming task at first, but it can be easily done in a matter of just a few hours. With video and digital camera's readily available to everybody, it is easy to schedule a time to walk through your home and make a very effective inventory. Once you have done that, find a safe place OUTSIDE the home to keep it. Even fire-proof safes can reach dangerously hot temperature that can damage or even destroy sensitive materials such as pictures and memory cards (common in most digital cameras).
If the time ever comes to make a claim, an adjuster will not write a blank check. An adjuster that will ask specifics such as, the make, the model, value and quality of all the items that were lost or damaged by a covered peril... Both a homeowners and a renters policy have set amounts of coverage for your contents, if the list of items that are assembled on a list from memory are of a less than set amount, that will be the amount of coverage provided. With an inventory, you can avoid the headache of trying to remember and the heart ache of disappointing claim coverage. With high dollar items, such a guns or electronics write down the serial numbers Don't forget to make copies of the irreplaceable things as well (Childhood photos, negatives, or digital clips...) A claims adjuster has preset amounts for the basics, he won't be as concerned about the normal household goods such as socks, sheets, and towels unless the amount and or quality exceed the average. If you have collections or unique items, highly document them as well, as they may not be found in the average home, and not automatically covered. Your home is unique, help us help you put it back together.
(Katherinehood@allstate.com)
If the time ever comes to make a claim, an adjuster will not write a blank check. An adjuster that will ask specifics such as, the make, the model, value and quality of all the items that were lost or damaged by a covered peril... Both a homeowners and a renters policy have set amounts of coverage for your contents, if the list of items that are assembled on a list from memory are of a less than set amount, that will be the amount of coverage provided. With an inventory, you can avoid the headache of trying to remember and the heart ache of disappointing claim coverage. With high dollar items, such a guns or electronics write down the serial numbers Don't forget to make copies of the irreplaceable things as well (Childhood photos, negatives, or digital clips...) A claims adjuster has preset amounts for the basics, he won't be as concerned about the normal household goods such as socks, sheets, and towels unless the amount and or quality exceed the average. If you have collections or unique items, highly document them as well, as they may not be found in the average home, and not automatically covered. Your home is unique, help us help you put it back together.
(Katherinehood@allstate.com)
Top 5 most expensive cars to Insure.
When looking for a new car, I always advise to get a quote on two or three cars during the early phase of shopping. Don't fall in love with a particular car, because dealers know and will have you on the path to finance. Before you know it you 've signed the dotted line! Just call or email with the particulars of a couple of serious considerations and we will provide you with the hard numbers (vin numbers are mandatory for an exact rate).
Cars to be cautious of:
Neon
Escort
Cobalt
Focus
Cavalier
One of the most common questions I get, is "why are these cars so expensive to insure"? It seems strange to think a Dodge Neon (valued at $15,000) can cost double the insurance of a Ford Expedition (valued at $30,000+) but it is a fact! Cars like the Neon are often very attractive to the newly licensed, as they are inexpensive, economical, and very cute. However, this group of young, inexperienced drivers have the highest rate of accidents, as a result, the cars they drive often get stuck with the statistics of being high risk for insurance claims.
What about trucks? They are listed below, starting with the least expensive (insurance wise).....
Ford
Chevy
GMC
Toyota
Dodge
When shopping for safety try to envision the Geo Metro verses the GMC Suburban in a head on collision. While the smaller cars may offer better fuel economy it is still is advisable in Alaska to have a “safe” vehicle. The majority of the motoring public have full size, SUV or ¾ ton pickups. Next time you are at a stop light look around you, are you looking at everyone’s bumper or are you eye level with those around you? Of course we would not tell you what to buy, but there is no feeling like the feeling of making a well-informed decision.
(katherinehood@allstate.com)
Cars to be cautious of:
Neon
Escort
Cobalt
Focus
Cavalier
One of the most common questions I get, is "why are these cars so expensive to insure"? It seems strange to think a Dodge Neon (valued at $15,000) can cost double the insurance of a Ford Expedition (valued at $30,000+) but it is a fact! Cars like the Neon are often very attractive to the newly licensed, as they are inexpensive, economical, and very cute. However, this group of young, inexperienced drivers have the highest rate of accidents, as a result, the cars they drive often get stuck with the statistics of being high risk for insurance claims.
What about trucks? They are listed below, starting with the least expensive (insurance wise).....
Ford
Chevy
GMC
Toyota
Dodge
When shopping for safety try to envision the Geo Metro verses the GMC Suburban in a head on collision. While the smaller cars may offer better fuel economy it is still is advisable in Alaska to have a “safe” vehicle. The majority of the motoring public have full size, SUV or ¾ ton pickups. Next time you are at a stop light look around you, are you looking at everyone’s bumper or are you eye level with those around you? Of course we would not tell you what to buy, but there is no feeling like the feeling of making a well-informed decision.
(katherinehood@allstate.com)
Home Insurance Claim
How do you know when to file a claim??? So many inquiries come through the office asking if one thing or another is covered. The first test is, does the damage that has occurred even meet your deductible? I am a avid believer in high deductibles, and most policy’s carry $1,000 for a very good reason… so lets say the damage is in excess of $1,000 but just barely, there is not only the deductible to consider but the loss of the claim free discount (15%) for four years. So on a homeowner’s policy that the annual premium is $700 the loss of the discount will be a total of $420. So my rule of thumb is $2,000 a very minimum to even consider placing a claim on your homeowner’s policy. Then there is the consideration of is this loss even covered… with my company the rules are set in the homeowners policy, however if it isn’t sudden and accidental there is a high probability it isn’t covered. The policy is not designed to cover, slow, gradual, wear and tear, or maintenance. One last thing to consider is your homeowners policy is really designed to provide coverage in the event of a large loss not the small ones… if there is more than one loss in a three year period there is high likelihood of significant rate changes… we pride ourselves in this office to know the products we sell inside and out.. If there is a question of coverage please ask us! If we do not know the answer we will find it! Also know that calling in after hours or claims does open a claim id number and even if there is $0 paid out in a claim it is very likely to loose your claim free discount.. it is an inquiry…
(katherinehood@allstate.com)
(katherinehood@allstate.com)
Renting a car? do you buy the extra Insurance?
Depends on the carrier you are with... my company pays for the damage to the car and the damage to the other parties car, with a active auto policy in Alaska with at least liability coverage, up to the limits on the policy.
Great news right!? yes and no
If there is a claim filled on rental car it is nice to know there is no deductible (liability does not have a deductible) however depending on your longevity with the company, a loss of a discount, loss of deductible reward, loss of safe driving bonus, or even worse a claim surcharge may be as a result.
My company does not pay for loss of use either. Loss of use is were the rental car is unable to be rented for the time of repairs... this would be a cost I have seen be anywhere from 100 dollars and up, I have seen customers that have negotiated with the rental companies so this really isn't a huge deal.
What do I recommend>??? If the car is being rented for a day or two, purchase the Insurance.. it is worth it! However if the contract is for days, or weeks then I would suggest waiving the Insurance for the cost is exorbitant in most cases equal to the cost of the rental.
ALWAYS inspect the car< rule of thumb> go around the car a minimum of two times and look at ever panel, bumper, door and especially the windshield. Rental car companies are very infamous for sending bills out for dents, or a rock chip (they charge to replace the whole windshield) we have processed many claims that our clients are certain the damage was there prior to renting, however that is very difficult to prove or fight when you are 4,000 or so miles away! So ALWAYS inspect and get a copy of the inspection in hand prior to leaving the rental lot.
Renting in Mexico??? all of the above is void.. we only cover rentals in US, Canada.
Here are some discount codes:
Alamo 93689
Avis B769700
Budget T464300
Enterprise AMCAB1
Hertz 440284
National 5707746
(katherinehood@allstate.com)
Great news right!? yes and no
If there is a claim filled on rental car it is nice to know there is no deductible (liability does not have a deductible) however depending on your longevity with the company, a loss of a discount, loss of deductible reward, loss of safe driving bonus, or even worse a claim surcharge may be as a result.
My company does not pay for loss of use either. Loss of use is were the rental car is unable to be rented for the time of repairs... this would be a cost I have seen be anywhere from 100 dollars and up, I have seen customers that have negotiated with the rental companies so this really isn't a huge deal.
What do I recommend>??? If the car is being rented for a day or two, purchase the Insurance.. it is worth it! However if the contract is for days, or weeks then I would suggest waiving the Insurance for the cost is exorbitant in most cases equal to the cost of the rental.
ALWAYS inspect the car< rule of thumb> go around the car a minimum of two times and look at ever panel, bumper, door and especially the windshield. Rental car companies are very infamous for sending bills out for dents, or a rock chip (they charge to replace the whole windshield) we have processed many claims that our clients are certain the damage was there prior to renting, however that is very difficult to prove or fight when you are 4,000 or so miles away! So ALWAYS inspect and get a copy of the inspection in hand prior to leaving the rental lot.
Renting in Mexico??? all of the above is void.. we only cover rentals in US, Canada.
Here are some discount codes:
Alamo 93689
Avis B769700
Budget T464300
Enterprise AMCAB1
Hertz 440284
National 5707746
(katherinehood@allstate.com)
How to save money on Insurance.
Its simple! to name a few... high deductibles, have an agent review your account at least annually, have all policies with one carrier, ask for discounts or how to obtain them, stick with the large carriers, don't over insure, ask for job discounts...
(katherinehood@allstate.com)
(katherinehood@allstate.com)
Subscribe to:
Posts (Atom)