V O L U M E 1 , I S S U E 4 A P R I L 2 0 0 8
Custom Home Insurance Series: Part 4
The final installation of the Cus- Iowa. Unfortunately, earthquake
tom Home Insurance Series fo- coverage is not an automatic
Water Back-up of cuses in on a little known and coverage on your home owners
Sewers and Drains often times neglected home in- policy. It is an endorsement that
surance endorsement: Earth- can be added to your policy and
Earthquake quake coverage. normally functions with a per-
While we do not live in Califor- centage deductible. By this, a
Contact your Absolute
Agent for additional info nia, with a constant barrage of person can have earthquake cov-
on these options prior information, warnings, and occur- erage at a 5% deductible, where
to the next issue. rences, it is not unknown to the the percent is derived from your
Midwest to have devastating total dwelling coverage. By this, if
Further protect your home your home is insured to
by requesting the addition of $100,000, your 5% deductible
The fault line that we are most would be $5,000.
the earthquake endorse-
concerned with in this region of
the US is the New Madrid fault ment. The cost of this endorsement
INSIDE ranges from company to com-
line. This fault line and Seismic
THIS ISSUE: could actually have unstable ob- pany along with deductible op-
Zone runs between St. Louis and
jects overturned. tions but is typically between $40
Tips for Mo- 2 Memphis.
While it may not lead to the - $80 per year for this additional
torcycles and According to some “Danger
same type of damage seen in coverage added to your existing
Boats. Zone” maps, most of Iowa would
California, a substantial amount homeowners policy. Call your
Tips for car 2 feel the seismic activity while Absolute Agent for further cov-
of property damage could very
shopping. indoors, while Southeastern Iowa erage details.
well be evident in or around
Questions for 3
the right auto
Spring Sump Pump Maintenance
Savings on 3
Absolute If you have not done so already should be free of debris and your not in good working order. A
Kitchen (my pump has been running 24/7) float should move freely. After battery back up is another wise
you should perform your routine inspecting your pit and pump, investment since your pump
Helping your 4 maintenance of your pump as per plug it in, and fill up your pit with works off electricity. Typically,
friends. your manufactures instructions water and give it a test run. Many your power fails when in the
to ensure it is in proper working claims are from people who have midst of a bad storm and your
order. Make sure you unplug had a sump pump for years and pump is filling with water. It is
your pump before doing any never used it. The time they recommended to check your
maintenance. Your sump pit needed the pump to work, it was pump at least twice yearly.
Tips For Protecting Boats And Motorcycles
Before you take your motorcycle policy could cover things like the your questions.
on the road or put your boat on the cost to replace lost or damaged “An independent insurance agent
water, it may pay to be certain fishing gear and costly services or broker can make sure you have
your insurance is ship-shape. such as emergency on-water tow- the specialized coverage you need
Motorcycles and boats are often ing and fuel-spill cleanup. You to protect your boat or bike,” said
significant investments, and the probably wouldn’t get this cover- Jim Lloyd, of the Progressive
right insurance policy can help age by adding a boat to a home- Group of Insurance Companies.
protect them. Here are a few tips, owner’s policy. “Some insurance companies pro-
courtesy of Absolute Insurance: Consult with an independent vide only bare-bones protection
Evaluate your specific needs. agency – like Absolute Insurance. for your boat or motorcycle by
“An independent Insuring a boat or a motorcycle is Unlike “captive” agents who rep- simply adding it onto your existing
different than insuring resent only one company, inde- auto or homeowner’s policy, but
insurance agent ... your car or home. A specialized pendent insurance agents and independent agents and brokers
can make sure you motorcycle policy, for instance, brokers are licensed insurance can review and evaluate your
can provide coverage professionals who represent sev- needs to help match you with the
have the specialized for custom paint jobs and after- eral companies. They can offer company that will provide you
market equipment that might not you a variety of coverages, review with the combination of special-
coverage you need be covered if the bike were just and evaluate your policies, suggest ized coverage, service and price
to protect your boat added to a generic auto policy. new coverage options that meet that’s best for you.”
Similarly, a specialized boat your changing needs and answer
Seven Shopping Strategies for New Car Buyers
“It’s important to
consider the cost New car shopping can be a lot of buying strategically.
fun, especially if you’re a car en- 5. Check pricing for your desired
thusiast. But others can find the So if you’re in the market for a make and model at two or three
of auto experience stressful and tedious. new vehicle and you find yourself dealerships and use that informa-
Either way, there’s a lot to think having trouble keeping a clear tion to help you negotiate the best
insurance… (as about. According to a survey of car head, just keep these strategies, deal.
shoppers, overall purchase price is courtesy of Absolute Insurance, in
the) insurance can the most important factor when mind: 6. Get a firm quote, in writing.
shopping for a new car (46 per- This should include not only the
add significantly to cent), followed by make and model 1. Decide how much money you cost of the car, but any fees and the
(31 percent). can spend and what type of vehicle sales tax.
the vehicle’s total best suits your needs. Just looking
Safety and performance come in a for the basic transport capability of 7. Inspect your new car carefully
distant third, tied at seven percent. a small or medium sedan? Or do before driving off the lot. Make
cost.” But whether you’re turned on or you need the hauling capacity of a sure all the options you’ve ordered
turned off by the dizzying array of van or SUV? Something practical? are included and that the body and
car choices, trim options, “expert” Something sporty? Something in paint are free of scratches or dents.
reviews, incentives and other deals, between?
it definitely pays to approach car Finally, it’s important to consider
2. Research crash tests and acci- the cost of auto insurance, although
dent data available from the Insur- it seems that few people realize
ance Institute for Highway Safety. that what they pay for insurance
can add significantly to the vehi-
3. Shop around for financing. If cle’s total cost.
you can, apply for and get approval
for a loan from a bank, credit union Wise car buyers know to shop
or other financier before you even around for insurance and find out
visit the dealership. Being a “cash how costs compare. They also
buyer” gives you an advantage know to visit an independent insur-
when you do finally meet with the ance agency – like Absolute Insur-
dealership’s financing person. ance. We can check with several
companies to find the best combi-
4. Test drive the car. Try to drive nation of coverage and price.
in conditions that will be similar to
those under which you’ll drive
VOLUME 1, ISSUE 4 PAGE 3
Four Questions to Ask to Get the Right Auto Policy
Using the right tool for a job is key Here are some questions that can coverage and coverage for towing a
to success in any profession. Experts help you determine if you might need trailer for business use—that are not
say the same principle applies when a commercial auto policy instead of a available with personal auto policies.
selecting an auto insurance policy. personal auto policy.
Having the right type of policy can • Do you need to list any employees
help ensure that you, your employ- • Do you need more liability cover- as drivers? You can do this with a
ees and your business are all pro- age than your personal auto policy commercial auto insurance policy.
tected in the unfortunate event that provides? Generally, a commercial
one of your vehicles is involved in an auto policy provides higher limits of • Do you use your vehicle for busi-
accident. liability, but less or no coverage in ness purposes? If you use your vehi-
If you’re a business owner and you areas that are typically not associated cle for things like pizza or newspaper
or your employees use a vehicle for with commercial auto risks. delivery, catering, door-to-door
business-related deliveries or to consulting service, landscaping or
carry certain materials to and from a • Do you need special coverage for snowplowing service, logging busi-
job site, you may need a commercial situations associated with conducting ness, day care/church retreat van Help put the
auto insurance policy that’s tailored business? Commercial auto policies service and/or farm-to-market deliv-
to more closely suit the needs—and also usually offer certain coverages— ery, you might need a commercial brakes on high
risks—of a business vehicle operator. such as hired and non-owned auto auto policy.
How to Save Money on Your Auto Policy inquiring on
• Ask us to check several companies’ give you advice on whether it makes you how raising your deductible will you are
rates. This is the single most important sense to reduce or drop this coverage lower your premium.
thing you can do to get the best possi- altogether. entitled to.
ble rate—and we can do it for you • Look for discounts. Many insurance
quickly and easily. The difference be- • Raise your deductible. According to companies reduce premiums for cer-
tween the highest and lowest rate the Insurance Information Institute, tain driver traits or car features. For
available to you from different compa- raising your deductible from $200 to example: being a homeowner for more
nies could vary by hundreds of dollars. $500 could reduce your collision and than three years, nonsmoker, non-
comprehensive cost by 15 to 30 per- drinker, students with good grades,
• Reduce or drop physical damage cent. In addition, because the average senior citizens who have taken an
coverage on an older car. Depending driver files a collision claim only once approved defensive driving course,
on your car’s age and where you live, every ten years, odds are that over the people who only drive for pleasure,
comprehensive and collision coverage lifetime of your car, a higher deductible cars kept in garages, antilock brakes,
may not be worth keeping. We can will save you money. We can show antitheft devices, air bags, etc.
Absolute Kitchen: Spring Rhubarb Salad
Recipe submitted by Bessie East- Directions: If you have an all-time favorite rec-
vold. In medium sauce pan, cook the ipe that you’d like to share, please
2 Cups diced rhubarb diced rhubarb, cup of water, and feel free to email the recipe to
the sugar until mushy. Dan@insaia.com.
1 Cup sugar
Add the Jell-O and cold water. The Advisor would like to thank
1 Cup water Bessie Eastvold for this recipe sub-
2 (3 oz) boxes of Strawberry Jell-o Place in servable container. mission. We hope that it turns out
8 oz carton Cool Whip. After that starts to jell, add the well for all those who try it!
3/4 cup cold water
Helping your Friends is Now Easier
Many times people don’t think too covered properly and as well as bene- WWW.INSAIA.COM. Once on
much about their coverage and rarely fiting from the referral money. Your the site, you will be able to see the
is it a topic amongst polite conversa- friends and family will also be thankful companies that we represent, make a
tion. Its one of those things that al- for your help in guiding them to Ab- payment on an existing policy, or
most gets placed along the same side- solute Insurance. request a quote. Since we are not a
lines as religion and politics. We are also now conveniently lo- cookie cutter agency, with one size
At Absolute Insurance, we under- cated on the internet at fits all policies, our request for a
stand that. Our focus is to make in- quote asks for contact information, as
suring your priorities as simple and we will either call or email
cost effective as possible. (whichever is more preferable) to
make sure we get all the important
Next time you hear your friends or information. This allows us to get to
family discussing their insurance and know you better and generate a
possible needs, please give us some quote that will be more accurate and
consideration. Not only will we tailor customized for your specific needs.
make a policy or policies for their
specific situation, we will also send There is also some great information
you a check in the mail for $5 (as on different types of insurance prod-
long as they say the referral came ucts and an interactive map that can
from you). help in locating our offices at 7400
After seeing the savings that University Ave, Ste A in Clive, IA.
You will have the satisfaction of Absolute did for you, imagine
knowing your friends and family are what we can do for your friends!
We’re on the Web…
Absolute Insurance Agency, LLC
7400 University Ave, Ste A
Clive, IA 50325
E-mail: Jeff@insaia.com or Dan@insaia.com
Better Coverage... Better Prices...