Bundling insurance products with one company – and scoring cheaper premiums as a reward – isn’t a new concept. But, according to a recent study by J.D. Power and Associates, not only is bundling still popular among consumers, it also results in higher customer satisfaction.
The study found that nearly 60 percent of customers bundle auto and homeowners policies with the same insurer.
When customers need additional products – such as motorcycle, boat and life insurance – 77 percent of them choose to bundle. The study notes that insurance bundlers also tend to be more satisfied with their insurers overall, not just with the premium discounts they’re getting.
“It’s easier to manage insurance policies when you don’t have to work with multiple insurers. And if you have a claim, you just need to call one company.”
Take a look at all your insurance policies. If they’re not with the same insurance company, you could be losing as much as 25 percent in bundling discounts on each car, as well as on your homeowners policy. Think about including your life insurance, as well, which could result in another 2 to 5 percent in savings.
Research options for renters. If you don’t own your home, bundling may still be an option. Look into bundling a renters policy with your car insurance, which might result in as much as a 20 percent discount on your auto coverage. Because renters insurance is inexpensive, it may almost pay for itself by savings through bundling.
You can’t eliminate the stress that your employees bring to work – but you can offer them these guidelines to help manage workplace stressors on their own:
Prioritize, streamline, delegate, and discard. When facing a task, ask if it’s really necessary to do immediately.
Break things up. Take two – to three – minute breaks every hour and commit to doing at least one fun thing every day.
Make time. Build time into your schedule for creative expression, healthy eating, moderate daily exercise, hanging out with friends, and enjoying nature.
Be on time. Build in cushion time between appointments to allow for traffic and the unexpected.
Send negativity flying. If a co-worker is on the warpath, visualize an airplane with an ad banner over the person’s head, with each negative word floating up into the banner and out of view.
Relax and watch what happens. Do mini-meditations or mindful breathing while you’re between tasks or in line at the cafeteria.
Get essential nutrients. Go beyond vitamins and begin to think about daylight and laughter as integral parts of your daily life.
Consider what you’re consuming. Sugar, caffeine, and alcohol can increase stress levels.
Watch your words. Don’t let negative internal chatter and self-recrimination distract and demoralize you.
Be kind. Do something nice for a different co-worker every day until it becomes second nature to reduce stress for others.
Sleep on it. Sleep deprivation a major culprit in stress is Try to get restful, restorative slumber every night, and watch your stress level decline.
The legendary Loch Ness Monster might have turned 80 this week, but one overly cautious cruise company isn’t convinced that she’s any less of a threat. While “Nessie” hasn’t reportedly harmed a soul—or ship—to date (or actually been proved to exist, for that matter), Scottish cruise line Jacobite Cruises isn’t taking any chances.
Should the octogenarian lake-lurker turn up crotchety while any of their fleet is in operation, it’ll be smooth financial sailing for them all the same, thanks to their recently purchased $1.5 million insurance policy against any potential damages incurred by Scotland’s storied monster.
Jacobite owner Freda Newton explained to The Scottish Sun, “I don’t know what the odds of this actually happening might be, but this is Loch Ness and how silly would we look if it did and we weren’t covered for it?”
No, there’s nothing silly about this cruise line, which operates several sightseeing cruises in the Scottish Highlands region, including trips on Loch Ness. Just look at the free publicity storm they’re brewing on the heels of the 80th anniversary of the first sighting of the mythical lake creature.
Director of Inverness-based insurer Towergate Moray Firth, which issued the policy, admitted to the paper that “This is probably the most unusual insurance request we have ever had, but we were delighted to provide cover to Jacobite Cruises.”
Here are the Top 3 Blog Posts for March 2013. Thank you for making our blog a success. We post articles that are educational, relevant and fun. Please tell us how we can improve! Enjoy, Your Scurich Insurance Services Team!
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Countless advertisements depict "Flo", or a gecko, as possible advocates in the insurance arena. Hopefully our competitors will take the bait and settle on a fictitious character or a reptile to save a few bucks. Our firm sees the value in the genuine article, the seasoned professional.
The Scurich Family has provided both insurance products and valued advice to my family for three generations.[…]
The nationwide debate over gun control in the aftermath of the Newtown massacre has raised a number of issues – including potential insurance liability for businesses in states that permit citizens to carry concealed weapons. Here’s why:
A company that allows customers or visitors on its premises has a legal obligation to exercise "reasonable care" in keeping them safe, a responsibility that includes warning them about any hidden dangerous conditions.[…]
Engineers, firefighters, lawyers, teachers, and police officers all have one thing in common: they qualify for Auto insurance discounts with some insurers who have found that people in certain fields tend to be less risky drivers than those in other occupations.
A number of insurance companies offer discounts to those in a variety of professions everything from architects, CPAs, and college professors through librarians, military personnel, and pilots, to physicians, registered nurses, and scientists.[…]
The spread of social media has revolutionized not only the way we connect with friends and family, but also how we conduct business. However, this asset can quickly turn into a liability if misused – for example, in recruiting your company’s most valuable asset – its employees.
Many employers begin the hiring process by using social-media outlets to screen applicants. LinkedIn and Facebook can provide a wealth of information about applicants’ education, their friends, and their personal behavior. Some companies reject candidates based on the content of their social-media pages. This might include anything from inappropriate photos or comments, discriminatory or slanderous statements, and references to alcohol and substance abuse, to sharing confidential information about their previous employers(s), displaying poor communication skills, or exaggerating their qualifications.
Although all of these indicators raise red flags, you could be risking a costly and annoying discrimination lawsuit if you access social-media sites which contain protected class information that’s not privileged in the normal hiring process.
To minimize this risk, it makes sense to:
When hiring, use outside third parties such as background-verification companies and/or recruiters who document content from social-media sites in selecting candidates.
Develop and enforce a comprehensive social-media usage policy.
Purchase an Employment Practices Liability Insurance (EPLI) policy
To avoid unpleasant surprises, it is important to work with a professional in this area. Additional questions? Ask us, we’re here to help!For additional information about our insurance products, no-cost advice or for your free, no-obligation insurance quote, please contact the professionals at Scurich Insurance Services today at 800-320-3666 and we will be more than happy to assist you.
