Uninsured motorist and underinsured motorist are auto insurance coverages that protect you and your vehicle if you’re involved in a car accident caused by a driver with either no insurance, or too little coverage. Uninsured motorist insurance is valuable protection to have because it helps pay for your medical bills and damage to your property in a situation where you would otherwise be without adequate coverage.
But how does underinsured motorist coverage work? When you sit down with an independent agent to discuss uninsured motorist coverage, it’s important to know there are actually three coverage types:
Uninsured motorist coverage, also called uninsured motorist bodily injury insurance or UMBI, protects you if the person who hits your car has no liability insurance or you are the victim of a hit-and-run.
UM coverage extends to you and your passengers and covers things like:
Underinsured motorist insurance provides coverage for incidents where the at-fault driver has insurance, but not enough coverage to pay for the damages they caused.
Like UM, underinsured motorist coverage extends to you and your passengers and covers:
Because they’re so similar, some states bundle UM and UIM coverage together. Talk to an independent insurance agent about the options available in your state.
Unlike other uninsured motorist options, uninsured motorist property damage insurance covers damage to your vehicle. In some states, coverage may also extend to your personal property – meaning any personal items in your car at the time of the accident.
In most cases, uninsured motorist coverage is offered as an optional protection. But, there could be situations – like living in a certain state or driving a financed car – where you may be required to have uninsured or underinsured motorist coverage in place.
According to a AAA study, over 700,000 hit-and-run crashes happened in 2015 alone, and that number rises every year.
Even if your state doesn’t require you to have uninsured motorist insurance, it’s worth considering for the peace of mind you’ll get knowing you’re fully protected behind the wheel.
3 cups flour
1 teaspoon baking powder
1 teaspoon salt
2 cups sugar
1 teaspoon cinnamon
1 ½ cups vegetable oil
3 eggs beaten
2 teaspoons vanilla
1 (8 oz) can crushed pineapple (drained)
1 cup pecans
2 cups chopped banana
Preheat oven to 350. Grease and flour 11 x 17 jelly roll pan.
Combine flour, sugar, baking powder, salt, and cinnamon in large bowl. Add eggs and oil. Stir until moistened-do not beat. Stir in bananas, vanilla, pineapple, and pecans.
Bake 25-30 minutes or until done
1 8oz soften cream cheese
½ cup softened butter or margarine
4 cups confectionary sugar
1 teaspoon vanilla
½ cup pecans
Beat cream cheese, butter, confectionary sugar, and vanilla until light and fluffy. Add pecans. Spread icing over top of cooled cake.
Spring can bring about some of the year’s most dangerous weather and wreak havoc on many aspects of a company’s operations.
Unexpected severe weather increases the risk of property damage, injury and even death. Here are some common types of spring weather events:
While springtime weather may be unpredictable, businesses can minimize risks to both people and property by preparing for all situations.
By minimizing the opportunity for property damage, preparing employees to act, and working with an experienced agent to ensure the appropriate insurance coverage is in place, businesses can better mitigate risks during the springtime. For more information, contact us today.
To discuss your auto insurance needs, contact Thorp & Trainer today at 401.596.0146
The National Safety Council recognizes April as Distracted Driving Awareness Month. This event is intended to raise awareness about the dangers of distracted driving and encourage motorists like you to minimize potential distractions behind the wheel. Review the following article for more information on distracted driving and ways you can help prevent it.
According to the Centers for Disease Control and Prevention, distracted driving refers to any activity that may divert a motorist’s attention from the road. There are three main types of distractions that can interfere with drivers’ attentiveness behind the wheel, including:
Regardless of distraction type, distracted driving is a serious safety hazard that contributes to a significant number of accidents on the road. In fact, the National Highway Traffic Safety Administration reported that more than 2,800 people are killed and 400,000 are injured in crashes involving a distracted driver each year—equating to approximately eight deaths and 1,095 injuries per day. Considering these findings, it’s crucial to take steps to prevent distracted driving.
Whenever you get behind the wheel, keep these distracted driving prevention measures in mind:
2 lbs Ricotta cheese
1 1/4 cups breadcrumbs
1/3 cup grated cheese
Salt & Pepper to taste
Garlic powder to taste
Parsley to taste
Cream Ricotta. Add breadcrumbs, cheese, eggs, salt, pepper, garlic powder, and parsley. Mix well.
Heat electric fry pan, add olive oil to cover pan. Form meatballs w/mixture and brown.
When running a business, budgets can be particularly tight, especially when you’re first starting out. Saving money wherever you can may seem like a good idea, but it could expose you to financial risks.
In most states and for most types of businesses, workers’ compensation insurance is required by law. Even if you’re hiring an independent contractor or a part-time employee, you may be required to have this coverage.
Workers’ compensation requirements are regulated at the state level. In general, business owners need to purchase workers’ compensation insurance as soon as the first employee is hired. Many states also have penalties for not carrying coverage, and the penalties for not complying with these laws can be far more expensive than insurance premiums. Penalties can range anywhere from $10,000 to $100,000 and even include jail time for failure to carry workers’ compensation insurance.
The criteria to have workers’ compensation coverage can vary depending on a number of factors. For example, if you employ workers in different states, you’ll need to provide insurance based on the requirements of each state. Some states require you have workers’ compensation coverage even if you are a sole proprietor or if you employ part-time or seasonal employees. Additionally, if you are self-employed, laws or contracts may require that you have coverage in order to get jobs.
When deciding if workers’ compensation insurance is necessary, you’ll want to make the decision that best protects your business and the people that work for you.
Workers’ compensation insurance ensures that an injured worker’s medical care is paid for and that they are compensated for lost wages, regardless of fault. If a worker loses their life while on the job, the coverage can help pay for funeral costs and provide a death benefit to the employee’s beneficiary.
It also protects your business from costly lawsuits if a worker is injured or falls ill while on the job. This coverage will limit your out-of-pocket obligations, ensuring business-as-usual for your company and employees. Workers’ compensation insurance comes into play in the event of an injury, including legal fees. Employers liability is also included to protect you against punitive damages, or compensation above and beyond required compensation, related to an employee’s injury or illness.
Each state sets its own requirements for workers’ compensation insurance. Because laws are frequently being updated, we recommend checking with your state’s labor department and your independent agent for the latest requirements. The Department of Labor maintains a list of each state labor official and website that may help you find relevant local information.
Even if your state doesn’t require you to buy workers’ compensation insurance, it might be a good idea to purchase it to better protect your business. If you don’t have workers’ compensation insurance, and one of your employees has a job-related injury, you could be personally responsible for any medical bills or be sued for personal injury or negligence. It’s best to have your bases covered.
States that require workers’ comp coverage may provide exemptions for certain types of businesses. For example, seasonal workers or certain types of independent contractors could possibly be exempt from coverage requirements. Those hired to provide expertise in a non-construction capacity are more likely to get the exemption.
Businesses may not be required to carry workers’ comp insurance on corporate officers who own a certain amount of stock in the company, members of an LLC, partners in a corporation or a sole proprietor. Although the state may not require the members of an LLC to be covered by workers’ comp insurance, it may still be a good idea to get coverage. Being a member of an LLC shields you from personal liability, but it does not prevent anyone, including other members, from suing the LLC.
Even if you are self-employed, you may want to consider workers’ comp insurance. For sole proprietors without employees, workers’ comp will cover your losses for work-related injuries. The right coverage could take care of medical bills and lost wages, which could be a significant need even if you are self-employed.
Here are a few situations where getting workers comp coverage could benefit you if you’re self-employed:
In all these scenarios, workers’ compensation insurance would save you out-of-pocket expenses and provide an extra layer of protection for your business.
There are several elements that can determine how much workers’ compensation insurance you need, including the average age of your workforce, the types of risks they face on the job, the cost of living in your area and the number of employees you have.
The cost of workers’ compensation insurance varies widely by state and job type. Most states set minimum standards, but it is a good idea to consult your independent insurance agent to determine how much coverage is right for your unique business.
1 pkg yellow cake mix
2 pkgs pistachio instant pudding
¾ cup oil
1 cup club soda
1 cup chopped nuts
1 cup chopped cherries
Grease and flour tube pan.
Beat first 5 ingredients for five minutes. Stir in nuts and cherries.
Bake at 350 for 50-60 minutes.