Insurance For Your Wedding Rings

Did you know that June is the most popular month for weddings?  

I’ve seen many of my clients planning weddings over the next few weeks.  So I thought I’d share an insurance tip this week just for engaged couples and newlyweds.

You’re spending a lot of money on your wedding and those new rings.  Make sure they’re covered!  

Jewelry is covered under your Homeowners or Renters insurance.  But the coverage amount can be limited.   If you don’t cover the individual piece of jewelry specifically, you might not have enough insurance if it were to be lost or stolen.

Here’s what I recommend.  Get an appraisal of your rings from a local jeweler. A lot of our customers like to go to Cole’s Jeweler’s in Sequim. Then bring in a copy and we’ll add the rings to your policy.  (We can also discuss deductibles or special coverage.)  Depending on the value of the ring, you might spend only a few dollars a year to know that your valuable jewelry is insured.

If you are renting or getting ready to purchase a home and don’t have a policy, now is a great time to schedule a consultation to discuss what coverage you’ll need and give you a ballpark figure for what it will cost.  Renters Insurance is very inexpensive and can give you a lot of peace of mind as you combine your two households.

But the best tip I can give?  Get a local insurance agent you can trust!  We’ll look out for you and help you get the right coverage at an affordable rate.  Call us today at 360-452-9200 or visit our Allstate Website to get a quote.

What is Rental Reimbursement Coverage (And Do You Really Need It)?

You may have noticed in your auto policy documents the term Rental Reimbursement. What is it? How does it work? Do you REALLY need it?

Essentially Rental Reimbursement is a coverage that helps you when your car is in the shop getting repaired from a covered claim. For example, a fender bender or a wind storm that caused a tree branch to fall on your car. 

What will you drive? How does it work?

This is where Rental coverage comes into play. The insurance company will pay a certain amount per day (based on your policy) towards a rental car. This way, you can still make it to work and family events. 

Do I really need it?

We highly recommend this coverage, however there are some instances that you may not need it. If you own multiple vehicles, live close to work or town, or work from home, you may not need the rental coverage.

If you are not sure what coverage is best for you, please give us a call at 360-452-9200, or visit our Allstate Website and we can discuss exactly how much the coverage will cost and the different levels that are offered. We look forward to helping you choose the right coverage for you!

Your Choice Auto – Affordable Car Insurance by Allstate

Your Choice Auto Car Insurance

Looking for a great car insurance policy that can be tailored to fit your needs in Port Angeles, Sequim or anywhere in Washington State? Give the Elwood Benefits Allstate Agency a call. We offer Allstate’s Your Choice Auto with great features such as Safe Driving Bonus, Accident Forgiveness and Deductible Rewards.

Safe Driving Bonus

How would you like to get a check back from Allstate for being a safe driver? With our Platinum Protection Package, this gives you the opportunity to earn up to a 5% credit that can be applied to your next renewal premium. This is in addition to any other discounts you may already qualify for.

Accident Forgiveness

Accidents happen, but with Accident Forgiveness by Allstate, your car insurance rates won’t go up just because of it. Some policies make you earn this feature over time, but with Your Choice Auto, this feature is available on day one. In our Gold program, this feature can be applied to one accident every three years. In our Platinum program, multiple accidents are forgiven.

Deductible Rewards

The longer you are with an insurance company, the better your rates should be. With Allstate’s Deductible Rewards, you receive an immediate $100 off your collision deductible. Each year you go without a collision accident, another $100 will be subtracted with a maximum $500 reward off your collision deductible. It pays to be with Allstate.

Allstate Value Plan

Are you on a budget, but still want quality car insurance at an affordable rate? The Allstate Value Plan is just that with strait forward coverage and the convenience of Allstate’s Easy Pay Plan. Bundle the Allstate Value Plan with your homeowners insurance and save even more.

Ready to get a quote or learn more? Contact us at 360-452-9200 or visit www.allstate.com/mattelwood for more information.

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Why You Need Two Umbrellas Living In Port Angeles

Two Umbrellas

It has been said that summer doesn’t start around here until after July 4th. Too bad it only lasts through Labor Day! Living on the Olympic Peninsula, the need for a good umbrella to shield you from the rain is almost year-round. However, the need for a Personal Umbrella Policy (PUP) to shield you from lawsuits is constant.

Your nightmare

Here is the worst case scenario: It is raining out, your car skids and side-swipes an on-coming car causing an accident with a doctor and his wife aboard. The wife is killed and the doctor is hurt so badly that he will never be able to work again. A jury awards him millions of dollars and you are liable. Even though you have great limits of liability on your auto and homeowners policy of $500,000, the lawyers continue to go after your home, life savings and even garnish your future income until the full amount is paid. To protect you from one of these lawsuits, we recommend a PUP. A PUP is excess liability coverage over your current car and home policies. PUPs take care of the liability for the lawsuits and medical bills of the auto accident victim or any other situation where you become legally obligated to pay. The great thing is that PUPs also pay for the cost of lawyers and other legal expenses. Whether lawsuits are valid or not, you wind up having to defend yourself against them. In situations like these, it is great to have Allstate on your side with a Personal Umbrella Policy. There are countless examples of claims we see that reach the liability thresholds of traditional auto and homeowners insurance policies. No one is immune to these types of situations and they could happen at any time. Don’t leave yourself financially exposed.

Your Solution

Allstate offers a range of coverage amounts from $1 million increments up to a maximum limit of $5 million. They cost as low as $15 per month and that is truly money well spent. Call us today at 360-452-9200 to see if this policy might be right for you.

Want more information? Please visit Matt Elwood - Allstate Insurance to get more information on the Allstate products and services I can offer in Port Angeles, Sequim or anywhere Washington State. 

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