Archive for March, 2011

 

 

 

 

 

The Turner Agency is pleased to announce that effective immediately, Lititz Mutual is offering 24/7 claims reporting service!

If you are one of our customers and have your insurance with us through Lititz Mutual, we want you to call us first regarding a claim.  Our goal is to counsel you and guide you through the claims process. 

However, if a claim occurs after hours, you can call Lititz Mutual directly at 800-626-4751 (all claims numbers can be found under the customer service tab on our website).  Calls regarding new claims will be directed to option 7 which will then connect you with the 24/7 Claims Support Unit.

 

 

How Much Coverage is Enough to Keep You Out of the Rain?

A question we often hear is “What exactly is an umbrella policy and why do I need one?”

An umbrella policy provides financial protection beyond what your auto or homeowners policy includes – from one to ten million dollars – and may help safeguard your assets if you are held liable in certain situations, such as:

-an injury on your property

-an injury involving your auto or recreational vehicles (boat, golf cart, etc.)

-libel, slander, defamation of character or invasion of privacy

 

Consider this:  A 2010 study conducted by a national insurance carrier showed that 85% of recent umbrella claims are the result of routine auto-related accidents, including failure to yield (52%), loss of control (14%) and rear-enders (11%).

 

Accidently veering into another lane on the highway could cause a multiple car pileup with damages that surpass your auto limits.   If you are found liable for $150,000 in property damages and another $500,000 in bodily injury damages, will your auto liability limits be enough to cover the exposure?  The answer is most likely yes if you have a $1 million umbrella policy.  The umbrella policy would help you compensate all the other drivers and injured parties without draining your own assets and/or retirement accounts.

 

This important protection is relatively inexpensive.  Please give The Turner Agency a call at 288-9513 or click the “Contact us” button to send us an email for more information about this valuable protection.