 |
Heidi Dearinger Business Development Coordinator     |
 |
Laura Ledbetter Personal Risk Advisor Special Needs Coordinator |
 |
Jason Mayer Risk Manager |
 |
Todd Allison Senior Employee Benefits Advisor |
 |
Protection Against Uninsured Drivers
 Imagine you are driving your children to school when you are broadsided by another driver.... One of you sustains an injury which will affect many aspects of your life and that becomes your biggest concern for the time being. But as the claim unfolds, it turns out that the other driver is not insured. Then you learn that when you signed up for your insurance 10 years ago, your financial status was different than it is now and at that time, you chose to reduce the Underinsured Motorist coverage on your policy to 25K per person and 50K per occurrence. As time goes on, it turns out that the judgment against the other party is 750K - but they have no means of paying that to you, they were not insured, and your Underinsured Motorist coverage stopped at 25K per person. Your remaining pain and suffering as well as modifications in your lifestyle are now your burden. To avoid this scenario, review your policy and coverage. 500K per occurrence is recommended with an additional $1 million of Excess Underinsured Motorist coverage on your Personal Umbrella (when available). Give us a call to review your coverage. |
||||
 |
Your Driving Record May Cost You More Than You Know
My tire pressure indicator light has been on for a couple of weeks now. I was busy preparing to go out of town to the Applied Systems* ascnet TENCon conference in Orlando, FL...then went out of town...and now I am getting back up to speed from being out of town! *(Applied Systems make the software that we use to run and organize our agency) In addition to the light (which might be related to a cracked CV joint...) I have some loose wiring with my parking lights which results in switching the lights on and off about 5 times before they actually turn off. Finally, I made an appointment for my car to get service. I used the complimentary shuttle to get me back to my office and chatted up the driver (as per my usual). Not knowing where I work for a living, he started talking about his speeding tickets and how they got him fired from his last job as a driver. The MVR that the auto dealership ran on him at hiring, did not have his current ticket registered. But 6 months or a year later when they ran it again, the ticket was there and it was one too many for this guy and so they let him go. He then told me that less than 2 years later, he reapplied for the lost job and the owner of the car dealership had switched insurance companies and the new company was OK with his current MVR status, which had perhaps dropped some of his older offenses. Many lessons here... as a mother of 3 boys, I am always looking for ways to teach them lessons from other people's mistakes. It's one thing to say that doing drugs may keep you from getting a job in the military or government, but another to say that the reckless driving you engage in as a teenager or early 20-something, may also put you at risk of being uninsurable if you have a driving job. For business owners, it is very important that you get regular MVRs run on your drivers. EHL's risk advisors and account managers can help you red flag problem drivers and can work directly with the insurance company to make sure you are reducing your risk by hiring the right people. As for my lesson, beware of going into the dealership with 2 problems and coming out with 5. Safe driving! Heidi |
||||
