How To Help Your Home Recover From Winter

Erie Insurance recently published a blog post on ten maintenance-related things you can do to help your home recover from the winter months. With yesterday being the first day of spring, we thought we’d share the list with our readers.

SPRING HOME MAINTENANCE CHECKLIST:

  1. Have your roof inspected. (Particularly if you notice leaks, loose shingles, or metal.)

  2. Fix any ceiling stains, which usually indicate a roof leak. But, remember to fix the leak first!

  3. Inspect windows and doors. Look for bent or broken hinges, frames, or edges. Also look for holes in screens.

  4. Consider resealing your driveway. Particularly if you notice cracks.

  5. Seal your deck every few years.

  6. Check your fence(s). Repair or replace any loose slats or rot on your fences.

  7. Clean gutters and downspouts.

  8. Check for ice dams. You may want a professional to check and fix ice dams on the roof.

  9. Apply caulk to leak-prone areas.

  10. Inspect outside faucets and hoses. Turn them on to ensure water is still running as it should; if you can stop the flow with your thumb, the water pressure may be too low and a pipe inside your home may need to be fixed.

Check out the full article from Erie Insurance for more information and tips on maintaining your home after the winter season: www.erieinsurance.com/blog/home-recover-from-winter

Millenials Are Not Carrying Enough Life Insurance

Forbes recently published an article reporting that only 10% of Millenials have enough life insurance in place to cover self-reported needs should they die. That is a scary statistic. Not carrying the proper life insurance puts your family members at financial risk, in the event of your death.

The article reports:

  1. Millenials report a 78% shortfall in life insurance coverage.

  2. By contrast, Gen Xers report a 48% coverage shortfall.

  3. Baby Boomers have a 37% shortfall.

In terms of purchasing life insurance, the article says, "Get enough insurance to replace the lost income of the deceased, so the surviving spouse can carry on with paying the mortgage and saving for retirement."

The American Institute of CPAs has a life insurance needs calculator (link here) to help you determine how much you really need.

Check out the full article here: https://www.forbes.com/sites/ashleaebeling/2018/11/13/the-big-millennial-life-insurance-gap/#65995fea6ac4

And, if you have questions about your life insurance policy, or getting a quote, call your agent.

Erie Insurance Accolades Speak To Company's Strength

For the sixth consecutive year, Erie Insurance received the highest ranking in the J.D. Power 2018 U.S. Insurance Shopping Study for "Customer Satisfaction with the Auto Insurance Purchase Experience." The study measures auto insurance shopping purchase behavior and purchase experience satisfaction among customers who recently bought insurance, and Erie received the highest numerical score: 877 out of 1,000. 

This is huge for Erie because J.D. Power surveys real customers and no other carrier ranks higher.

Also on the trophy shelf, Erie earned A.M. Best's rating of A+ (Superior). While Erie Family Life Insurance earned A.M. Best's rating of A (Excellent). These accolades speak to Erie's financial strength. Customers can be sure Erie is financially sound and will be there for its customers.

For more information on Erie's awards and rankings, visit its website: erieinsurance.com/awards

Deaths From Injuries, Including Car Crashes, Rising Among Youth

CNN published an article earlier this month about the fact that after years of decline, the injury death rate among people in the United States ages 10 to 19 is rising. The CNN article was based a new report from the National Center for Health Statistics at the US Centers for Disease Control and Prevention. The report found auto injuries to be one of the leading causes of death.

Below are some highlights from the article:

  • The rise in deaths is attributable to injury-related deaths, such as traffic accident fatalities, drug overdoses, homicides and suicides, as opposed to illness.
     
  • Among 10- to 19-year-olds around the world, road traffic injuries were the leading cause of death in 2015.
     
  • Motor vehicle traffic fatalities accounted for 62% of these unintentional injury deaths.
     
  • The new report was based on data from death certificates filed in all 50 states and the District of Columbia between 1999 and 2016.

Check out the full article for more information on the study: https://www.cnn.com/2018/06/01/health/youth-injury-death-rate-cdc-study/index.html

We feel this study highlights the importance of practicing safe driving, as well as the need for our lawmakers to dedicate time and money to creating and enforcing legislation that will support safety on the road. Things like driver-training courses, putting down our phones while we drive, and new laws that address road safety are critical.

Car Insurance Price Comparison Sites May Share Your Personal Data

This article published on CNN Money, is an interesting read and illustrates why it's important to get insurance quotes through an agent or a reputable carrier.

The article explains, "Increasingly, sites that offer you car insurance quotes or price comparisons can snag the extensive personal information you provide and pass it on to insurance carriers, agents or industry organizations, even without your consent."

Often these comparison sites also sell your personal information to third parties; allowing them to build a customer profile of you for things beyond insurance.

Check out the full article for tips on how to avoid unknowingly sharing your personal data while obtaining an insurance quote.

http://money.cnn.com/2018/04/12/pf/auto-insurance-data-collection/index.html