Join us Wednesdays at 7am at 7643 Huron River Drive in Dexter, MI.

Back to All Updates

These Small Policy Endorsements Can Make a Big Difference When it’s Time to Make an Insurance Claim

by | Jun 21, 2023 | Member Spotlights | 0 comments

A great perk to being in a network of business and trade professionals is the feast of usable industry-specific knowledge you get on a regular basis.

Today our feature presenter Morgann Dehn of John Avery State Farm gave her insider’s insights on key policy riders and endorsements she would include in her own policy, and would highly recommend for anyone else:

First, Personal Articles is a critical add-on for anyone possessing anything of notably significant value—jewelry, collectibles, antiques, technology, etc—in their home. Most home policies have sub-limits for certain types of valuable good, and this endorsement ensures their true value is protected, with little or no deductible on the claim.

Another key endorsement to include is one that Morgann recently dealt with personally—Backup of Sewer Drain. Due to a child flushing an item in her home, the sewer backed up and the water caused $15,000 in damages. Because she hadn’t been leading the purchase back when her own insurance was written, and because it was water damage caused by an external obstruction, they were themselves on the hook when the bill came. This rider could have prevented that.

Similarly, Home Systems Coverage can cover up to $50k to replace HVAC and key mechanical components and a Service Line Endorsement protects from damages to cable and sewer lines running into the home. Identity Restoration and Cyber Event coverage help greatly against the rising threat of cyber crime, and Short Term Rental is the surest way to be covered in case of damage by any paying guest—a condition that could otherwise invalidate your claim.

For vehicles, Morgann also recommended Rideshare coverage or work coverage for the same reason given above, and Rental coverage because those costs can escalate quickly with a long-term repair and are not typically otherwise covered.

If your insurance agent hasn’t talked to you about these options and the potential risks associated with not having them, connect with Morgann at John Avery State Farm for a free, no obligation quote today.

To connect with more knowledgeable professionals like Morgann and hear or eventually deliver your own presentation, visit one of our meetings any time, and consider joining to become a member!

Similar

Don’t Miss Out on this Mushrooming Trend in Natural Wellness

Don’t Miss Out on this Mushrooming Trend in Natural Wellness

There’s never a bad time to seek help achieving optimal health and performance. But counterintuitively, one of the most opportune moments for this is on the front-end of the holiday season. Not only is it a time where we know we’ll consume too much, then buckle down...

Wills v. Trusts – Knowing the Difference

Wills v. Trusts – Knowing the Difference

If Will and Trust have operated as interchangeable vocabulary terms for you up to this point, today’s member presentation would’ve shown you that you’re not rare in that thought—but it’s also not correct. Maybe you did know there was a difference between the two, but...

Credit Scores, Demystified

Credit Scores, Demystified

Credit Scores. Before hitting ‘snooze’—they dictate so much of our ability to participate in consumer life—and yet most people know so little about them. Our presenting member and mortgage lending expert Jeremy Shaffer of Premier Bank sought to change that this...

Say ‘Yes’ to Unconventional Success

Say ‘Yes’ to Unconventional Success

Have you ever wondered if you’re doing the right thing? Not just as opposed to the “wrong” thing—but do you ever feel like you are wasting your time, or at a dead end? If so, there’s good news—it’s not too late to change. In today’s meeting, member Nikki Calloway of...

What Type of CPA Should New Businesses Work With

What Type of CPA Should New Businesses Work With

If you’re just starting out in a business, where should you go for your accounting needs? For most new entrepreneurs, the choices aren’t known very clearly: You could go the cheapest route—fish through all of the needed forms, calculate your amount due, have the...

How do Border 2 Border Members Feel About Their Experience?

How do Border 2 Border Members Feel About Their Experience?

Last week, in lieu of our normal feature presentation, we decided to devote that portion of our meeting to a team building survey. Here's the results: Weekly Activities Survey Members were asked to rank their top three most valued weekly in-meeting activities from our...

Process Makes Perfect

Process Makes Perfect

Beautiful art, just like great life outcomes, doesn’t come out of nowhere. As much as we like to think that the right people can wake up on the right days with the right doses of divine inspiration—and then make something beautiful—that really isn’t the case. Today’s...

Does Your Home and Auto Insurance Agent Ask You These Questions?

Does Your Home and Auto Insurance Agent Ask You These Questions?

Insurance is one of those things most people never want to think about—until suddenly it’s nearly all that matters. Morgann Dehn of John Avery State Farm insurance helped get ahead of this today, starting her presentation with an important question your home insurance...

All Updates

How Teams are Built

How Teams are Built

Today, rather than run a normal meeting with a feature presenter, our members kicked...

More About Us

Let's Get together and Start Growing

Purpose