5 Tips to keep you safe this Holiday

Christmas carFive Tips That Can Help You Stay Safe During the Holidays

The holidays are meant to be a time for fun and celebration with family and friends. However, the hectic pace of the holidays can also present increased risks, such as overcrowded stores and greater opportunities for thieves to target your valuables and personal information. Here are five simple tips to help you have a safe and enjoyable holiday season:
  1. Watch Out for Porch Pirates Theft of packages from front porches and stoops increase as online shopping drives more home deliveries during the holidays. Take advantage of electronic delivery alerts and other protections to make sure your gifts are safely delivered — and received.
  2. Beware of Parking Lot Pilfering While you’re in the mall purchasing gifts for your friends and family, thieves may be roaming through the parking lot looking to steal valuable items in unlocked cars. Shoppers should remember to always lock their doors, park in well-lit areas and hide valuables from plain view.
  3. Protect Your Identity, Both Online and in Stores Before you go shopping, think about how much information a thief would get his hands on if your wallet or purse was stolen. Avoid carrying Social Security cards, birth certificates or passports unless absolutely necessary. When shopping online, be sure to only use a secure website, log off from that site after you have completed your purchase, and monitor your bank accounts and credit card activity regularly throughout the holidays.
  4. Travel Safely
    The holiday season brings a number of unique driving risks. During this time of year, we have difficult weather conditions, limited daylight and drivers in unfamiliar areas. By planning extra travel time and eliminating distractions, you can help ensure safe travels during the holidays.
  5. Prevent a Home Fire – Use Candles Wisely Christmas Day, Christmas Eve and Dec. 23. are three of the top five days for home fires caused by candles. Never leave a burning candle unattended, and do not put any candles or open flames near Christmas trees or other holiday decorations that could quickly spark a fire in your home.

Source:  in-sight.travelers.com

Buying a New Car? What is Gap Insurance and do you need it?

New carGap Insurance Rights Your “Upside Down” Car Loan

Everyone’s heard it before…brand new cars instantly depreciate in value as soon as they’re driven off the lot. What you may not realize is that this fact can lead to a big gap in your auto insurance coverage. How? Below is an example scenario.

You buy a new car for $28,000 and sometime later you get into an accident in which your car is totaled. You still owe $23,000 on your loan, but because cars depreciate in value so quickly, the actual cash value—the original price minus depreciation—may only be $18,000 at the time of the collision. Your deductible is $500, which provides you with a settlement of $17,500 from your insurer. However, since you still owe $23,000 on your loan, you’re left with a gap of $5,500 and no car to get from A to B.

That’s where gap insurance comes to the rescue. This coverage can be added to your auto policy at any time while you’re paying off your loan. If your car undergoes a covered total loss, your insurer can cover the gap instead of it being on your tab. The best part is that this valuable coverage is often less than $30 per year.

A new car loses approximately 30 percent of its value within one year of purchase and 50 percent by year three, which means that at any given point before your car is paid off, its actual cash value can be thousands less than what you still owe on it. This situation is called being “upside down” on your loan.

Who needs gap insurance? Consider it in the following situations:

  • Finance a vehicle for at least 60 months
  • Put less than 20 percent down on a new vehicle
  • Lease a vehicle
  • Select a vehicle make/model with a history of high depreciation rates

Many dealerships will offer you gap insurance, but it often costs more than buying it through an independent agent. Protecting such a large investment is worth a call to your agent.

Contact Long’s Insurance Agency today and let us help you protect your new investment!

Source:  State Auto Insurance

What to do At the Scene of an Accident

Car accident

What to do At the Scene of an Accident

When you have been in a car accident, there are a few things that you need to do at the scene.  Here are three main things will help you and the parties who were involved in the accident.

1. The first thing you should do is check to see if everyone is okay.  If you are experiencing trouble moving, you need to be as still as possible and try not to push yourself to move or do anything else until help arrives. Pushing yourself to move could cause extreme damage to your body.

2. You will need to set up cones around the accident site.  These cones will alert oncoming traffic and let them know that they need to be cautious.  These cones will also let emergency teams know where the accident is where they need to stop.

3. Make sure that you get each party that was involved in the wreck to provide you with their insurance information.  It is important that you do not discuss who was or was not at fault for the accident.  Gather as much information as you can about their auto insurance.

For more information regarding auto insurance and the steps that need to be taken after a car accident has occurred in the Colorado area, give Long’s Insurance Agency a call today!

 

Source: State Auto