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

The Art of Working to Do What You Love

The Art of Working to Do What You Love

Imagine: The morning light pokes you awake. Crisp, optimistic, sunbeams fill the room. You don’t toss or hit ‘snooze’. You don’t mire in the battles already mapped out for your day; the stench of dread only exists as a fading memory. You jump up, excited—no, elated—to...

Where People Can Flourish

Where People Can Flourish

“When I dreamt of Arbonne, I wanted it to be a place where people could flourish.” - Arbonne founder Petter Morck What does flourishing look like for you? For many, it’s more free time or at least control over their working hours. It could be achieving financial...

Trust Issues

Trust Issues

Did you know, that according to Gallup, only 46% of American adults have a living will? Put another way, there is no provided intention for the assets of more than half of Americans after they pass. That statistic alone doesn’t tell the whole story either. Today’s...

Why Home Ownership Should be Every Young Person’s Goal

Why Home Ownership Should be Every Young Person’s Goal

What if there was one simple way to improve your own life trajectory, as well as that of your family for more than one generation? What if this one simple fix could improve your family’s safety, your children’s behavior, your own sense of freedom, and even your...

Don’t Just Make New Goals; Revisit Your Old Ones

Don’t Just Make New Goals; Revisit Your Old Ones

The famous Peter Drucker quote “what gets measured gets managed,” has in recent decades become workplace gospel, thanks largely to the simple and observant, yet profound truth the alliterative phrase presents. However even for a phrase so cliche for how we know we...

Beyond the Creativity

Beyond the Creativity

What all goes into the creative process? Most could name intentional practice to grow or find inspiration, a muse or inspiration to launch projects, a method and media to execute them, and ultimately an audience to consume. But what about the actual materials—base...

What is that Great Online Insurance Rate Really Buying?

What is that Great Online Insurance Rate Really Buying?

We’ve all seen the commercials. Allegedly you can always go online and find a better—sometimes bottom-dollar—plan, for less. But can you? Our feature presenter today reported on going to get that bottom dollar rate quote, to see what it would really include. And...

All Updates

More About Us

Let's Get together and Start Growing

Purpose