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Like the types of auto insurance, homeowners insurance is actually a bundle of different categories of coverage, which apply in various situations.

What’s Right For You?

Several lines of insurance are available to cover various perils. The most appropriate insurance for you depends primarily on your type of dwelling.

1. Owning a Home – If you own a home, there are two policy forms that are available to you: homeowners and dwelling forms. The main difference between these two types of forms is that the homeowners form combines property coverage with liability coverage. Dwelling forms only cover property losses. Both types of policy forms have the various peril coverage available for both your dwelling and your contents.

2. Owning a Manufactured Home – There are policy forms specifically designed to cover property for manufactured homes. This type of policy covers both dwelling as well as contents.

3. Owning a Condominium – Policies designed for condominium owners primarily cover contents. However, there is a small provision included to cover the portions of the dwelling that are your insurance responsibility as defined by the governing rules of the condominium. Generally, additional dwelling coverage may be purchased if the provision included in the package is not sufficient.

4. Renting a Residence – If you are renting a residence, coverage for your contents is available through renter’s insurance.

5. Owning a Home on a Farm – If your primary dwelling is on a farm or ranch, you may not qualify for standard homeowners insurance. A farm owners’ policy may be the most appropriate form to cover losses to your home as a result of tornadoes or hail. Additionally, a farm owners form provides coverage for both the personal and commercial exposure of farms, and contains both property and liability coverage.

What Does Homeowners Insurance Protect Against?

In most standard policies, you will be covered for damage to your home and its contents as well as liability for accidents that occur on your property. As a homeowner, it’s important to carry insurance not only against damage to the house itself, but also to the contents of the house if something should happen, such as a fire or flood.

You will also generally carry liability insurance to protect you in the event that someone else or their property is hurt or damaged in an accident on your property. Without insurance, you could end up with a lawsuit filed against you personally. Adding umbrella liability insurance coverage might also be a good idea.

Earthquake and flood policies typically need to be purchased separately, or as additional endorsements to your standard policy, regardless of your dwelling type. The limits of these policies can match the homeowners or renters policy, or they can be set as separate limits.

How Much Insurance Do You Need?

The level of homeowners insurance coverage that you’ll need from your homeowners insurance is generally determined by 3 things:

1. Asset Protection. Depending on the premium level you choose, you’ll have to pay more or less out of your own pocket if an accident occurs. If you have a larger financial cushion, you might be able to choose a lower premium which will provide less financial help or carry a larger deductible. Also, if you have a lot of assets which might be at stake in a lawsuit, you may wish to choose a higher level of liability insurance to protect those assets if you are sued.

2. Lender Requirements. If you have a mortgage, your lender may require that you carry homeowners insurance. Generally the minimum coverage is the amount of the mortgage, so that if there is a catastrophic event such as a home fire and the house is a total loss, the mortgage company will be able to recoup the remainder of your balance. Obviously, having more coverage will mean the insurance will be able to benefit you as well as your bank.

3. Policy Requirements. Your insurance company may require that you purchase specific types of coverage, such as flood insurance if you live in a flood-prone area, in order to carry general homeowners insurance.

It is extremely important for you to thoroughly understand your homeowners insurance policy. You should know what perils are covered, and whether the coverage amounts are sufficient in the event of a disaster. Your insurance agent should be more than willing to discuss your specific insurance needs, as well as recommend possible ways to reduce your premiums, or mitigate potential losses. But again, the responsibility is yours.

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With the day-to-day uncertainties of small business management, general liability insurance is something you cannot do without. Accidents happen – on site, off site, with employees and with customers – no matter how much you’ve planned.

Liability insurance can help cover medical expenses, attorney fees and damages for which you are legally responsible. It can also offer protection against situations of which you may not be aware.

For example, any individual or business providing an opinion, making recommendations, designing solutions or offering a service is at risk for a professional liability lawsuit.

What is General Liability Insurance?

Liability insurance (also known as Commercial General Business Liability) protects a company’s assets and pays for obligations – medical costs, for example –incurred if someone gets hurt on your property or when there are property damages or injuries caused by you or your employees. Liability insurance also covers the cost of your legal defense and any settlement or award should you be successfully sued.  Typically these include compensatory damages, nonmonetary losses suffered by the injured party, and punitive damages.

General liability insurance can also protect you against any liability as a tenant if you cause damage to a property that you rent, such as by fire or other covered loss.

Finally, it can also cover claims of false or misleading advertising, including libel, slander, and copyright infringement.

Business liability insurance coverage is something most businesses simply must have, so it is essential that you understand what it does and doesn’t cover.

What’s Protected Under General Liability Insurance Coverage?

Here are some general liability insurance coverage rules of thumb. To be sure about your specific business needs, be sure to consult with a qualified business insurance agent.

Business is inherently risky, but business liability coverage safeguards against many known and unknown risks. Commercial liability insurance coverage protects you, your business and your employees from claims involving bodily injury or property damage, up to the limits of your policy. Policies shield you from the expense of out-of-court settlements, litigation and judgments awarded by courts.

. If damages are filed against you or you’re sued, general liability insurance covers the insurance company’s investigation and attorney expenses, any judgment or settlement, medical expenses in case of injury and bonds if they must be subsequently posted.

Claims can arise from bodily injury or property damages resulting from accidents on your premises or from your products, your operations or advertising for your business.

Liability insurance can also cover things you may not have thought about, such as advertising injury in the event your company’s marketing violates someone’s copyright. Business liability insurance coverage even offers some protection against alcohol-related accidents (as long as your company is not in an alcohol-related business, such as the manufacture or distribution of alcohol).

How General Liability Works?

General liability insurance policies always state a maximum amount that the insurer will pay during the policy period. Usually these policies also list the maximum amount the insurer will pay per occurrence.

To cover these types of situations, many companies purchase umbrella liability insurance, which picks up where their general liability coverage ends. Umbrella liability covers payments that exceed their other policy’s limits, and provides additional coverage for liabilities not covered in a standard liability insurance policy.

Most insurance companies require their policyholders to report as soon as possible any accidents that could lead to a liability claim. The insurer may then require the business owner to document the situation, forward all summonses and legal notices, and cooperate fully in any investigations.

Taking precautions before an accident can help keep your liability and insurance rates down. All businesses can take certain steps to lower the chance of a liability insurance claim:

Set a high standard for product quality control;

Make sure all company records are complete and up-to-date;

Be sure employees are properly trained;

Get safety tips for your type of business from your insurance company.

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Snow and ice are inevitable during the winter months, and they can wreak havoc to a car. This current season has been one of the toughest winters West Virginia has seen in a while, and Yeager Insurance wants to make sure your car is protected. It’s a good time to inspect your car for any issues that may have occurred during the last few storms, and prepare for any lingering ones that may hit as the season comes to a close.

The first thing you need to do is remove any road salt from your car. While a necessity for safe travel conditions, road salt is one of the most corrosive substances your car comes in contact with. If left on the body or undercarriage of a vehicle, road salt promotes rust, destroys the finish, and can affect the vehicles mechanics. Pick a day where the temperature is over 40 degrees and run your car through the car wash. Because winter isn’t quite over yet, make sure to open and close all the doors and trunk to prevent freezing, just in case the temperature drops overnight.

The second thing is to check your tires. The snow is starting to melt, but the potholes are getting bigger. Sometimes unavoidable, potholes play a major factor in damage to a tire. From bent rims, punctures and tread loss, to full on shock and strut damage, potholes are pretty much guaranteed to be found on post winter roads.

It’s important to check your tires for low pressure readings. Tire pressure can drop in cold temperatures, and unless your car has an automatic sensor, you may not be aware of the change. Keeping your tires inflated to the correct PSI will extend the life of your treads, maintain gas mileage, and ensure braking reliability. While down there, check your tires for any built up snow or ice that may impede performance.

It’s also a good idea to give your car an overall quick tune up. Check the fluid levels, replace the wiper blades, and check the car’s air filters. With spring approaching, transitioning your car from winter conditions is a necessary step to extend the life of your vehicle. Having a mechanic check your car for any signs of winter wear is always a great idea. This way, should any issues present, you can get a head start on correcting them.

The sunshine and nicer weather is coming. As soon as it does, you’ll want to get out and apply a coat of wax to your vehicle to provide additional protection. Also, give some love to the interior of your car, which has seen its share of muddy boots and snowy shoes.

You rely on your car every day, so giving it a little extra attention during the winter is crucial. Regular winter vehicle maintenance can ensure that your vehicle will be around to see next winter.

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We are fairly certain you’ve heard this before: Tobacco is a leading cause of death and illness around the world, killing nearly 6 million people a year—5 million of whom are direct tobacco users and more than 600,000 are those exposed to second-hand smoke. This is precisely the reason why the World Health Organization (WHO) finds the need to highlight the health risks related to tobacco use and advocate for effective policies to greatly reduce tobacco consumption worldwide. Every year, they’ve marked a date for the World No Tobacco Day movement, and it happens every 31st of May.
Yeager Insurance joins WHO in their advocacy, and wish to help educate everyone about tobacco and its harmful effects to one’s health. Did you know that tobacco use caused 100 million deaths in the 20th century, and may cause about one billion deaths in the 21st? There are a lot more information you might not have heard. Take a look:

DISEASES CAUSED BY TOBACCO USE

○ Heart disease (coronary artery disease, increased risk of heart attack and stroke)
○ Cancer (lungs, larynx, pharynx, oesophagus, liver, etc.)
○ Emphysema
○ Bronchitis
○ Chronic airway obstruction

STATISTICS (MORTALITY)

○ 5 million deaths per year, worldwide; projected to rise to an annual 8 million deaths by 2030 according to current trends

○ In the United States, smoking is held responsible for one in five deaths (resulting to about 443,000 deaths per year, 49,000 of which result from second-hand exposure)

○ On average, smokers die 13 to 14 years earlier than nonsmokers

If you are a smoker who wants to quit or know of someone who does, how do you begin? Lots of research has been done with this objective in mind, resulting in a lot of products and programs that promise to help one kick the habit, most of them readily available to the public. Reader’s Digest has published a helpful article on the subject that you might want to read and ponder. Help keep the world smoke-free! Happy World No Tobacco Day!

Yeager Insurance & Financial Services is an independent insurance and financial services agency serving West Virginia. To learn more about how we can serve your insurance and financial needs, please contact us at (304) 757-3900. You may also use this site to submit requests for insurance quotes 24 hours a day, 7 days a week.

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If your indoor pool is only frequently used by members of your family, should you still clean it regularly?

The answer is YES. Pools are open water systems that are exposed to different elements such as rain, debris, insects, fallen leaves—some of which can eventually decompose and attract bacteria. Did you know that waterborne illnesses like cholera, gastroenteritis and typhoid are most commonly spread through pool water?

We at Yeager Insurance believe that “Health is Wealth,” and we want you to protect your family’s wealth by taking initiative. In this case, take it upon yourself to maintain the safety and cleanliness of your home’s indoor pool. Let us offer you these 7 steps to make sure your family is safe the next time they take a plunge!

ONE: Remove any and all debris.
Use a skimmer to skim all floating debris from the water and dispose the waste to prevent it from getting blown back into the water. Should there be trees/vegetation nearby that shed leaves and flowers into the pool, try trimming them from time to time.

TWO: Set up the vacuum.
Reach for the nozzles of the return jets on the sides of the pool and direct them downwards. Connect the vacuum to the hose and prop up the pole so that the vacuum head is suspended over the water. Use one of the jet nozzles to fill the hose end until water pours out of the vacuum. When full, dip the vacuum head and clamp a hand over the hose until you are able to connect it at the skimmer.

THREE. Proceed with vacuuming the pool.
Move the vacuum slowly across the water (pretty much like you operate a lawn mower) in overlapping parallel lines. Brush any algae off the sides of the pool with a nylon brush on the vacuum pole. You can use a stainless steel brush for concrete surfaces.

FOUR: Adjust and correct chemicals.
Make it a point to test and correct pool chemicals every week if possible. Use muriatic acid to adjust pH if it’s above 7.6, or soda ash product it it’s under 7.4. Should the chlorine be below 1 part per million (ppm) or alkalinity be less than 90ppm, “shock” the water by dissolving chorine and alkalinity increaser like baking soda in a bucket of water and toss it in.

FIVE: Backwash the filter.
Redirect the waterflow by turning the filter valve to backwash, and wait for the filter to collect all the dirt it can manage. Remember to empty the filter every other week, and replace every few years.

SIX: Clean the filter.
Shut the system off and close the skimmer valve in front of the pump to hold the water in place—do this so that you won’t have to reprime when it starts up again. Afterward, unscrew the trap’s cover and empty the basket into a garbage bin.

SEVEN: Add chlorine to the system.
The chlorinator is a tubelike tank next to the filter and you can use it to introduce chlorine in the form of slow-dissolving sticks into the pool. Read the packaging and calculate the number of chlorine sticks you would need for your pool, based on the water volume.

Are these 7 steps too complicated for you? Of course there is always the option to have your pool regularly cleaned and maintained by professional pool cleaners. The most important thing to note is that keeping your indoor pool maintained well will help you and your family avoid harmful diseases in the long run. So keep that pool safe and clean, and get through the summer months swimmingly!

Yeager Insurance & Financial Services is an independent insurance and financial services agency serving West Virginia. To learn more about how we can serve your insurance and financial needs, please contact us at (304) 757-3900. You may also use this site to submit requests for insurance quotes 24 hours a day, 7 days a week.

http://www.101backyardideas.com/swimming-pool-maintenance/



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Address:
3786 Teays Valley Road
Hurricane, WV 25526
(Located between Sherwin-Williams and Tractor Supply)

Emergency Quote Line: (304) 545-9507
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Emailglenn@yeagerinsurance.net

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