Should you file a hail damage claim months after the actual loss?

Imagine this:

You have an opportunity to sell your house and upgrade to the home of your dreams. You’re working with a realtor to determine the appropriate listing price when you discover damage on your shingles that appears to be hail damage.

It’s December.

The last hail storm was who knows how long ago.

Should you file a claim – or not?

When filing a hail or wind damage claim, you need to be prepared to provide the date of loss, or the date that the damage occurred.

For damage that is discovered months after the actual loss, determining or remembering the actual date can be difficult.

One of our clients contacted us with a similar situation this winter. We suggested asking a reputable roofing company to look at the shingles and confirm that it was hail damage. (It was!)

Now, the only thing we needed was the date the damage occurred.

After a quick internet search, we found a website that records hail damage reports and identified two possible dates in our client’s neighborhood.

The roofing company confirmed one of those dates, which allowed us to file a claim.

One thing that sets Legacy Solutions Insurance apart is our drive to do everything we can to help our customers.

From comparing rates from multiple companies to exhausting every resource to assist with a possible claim, we will do our best to go above and beyond.

Trustworthy Local Insurance Advisors

Do you have a friend, family member, or colleague who feels like their insurance company doesn’t care about them? Please encourage them to reach out to us. We are committed to being your advocates in times of need.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

“Why are my insurance rates going up?”

4 surprising factors that can impact your insurance premiums (and what you can do about it)

#1 – NEW POLICY DISCOUNTS

Many people believe that the longer you are with an insurance carrier, the larger discount you will receive. However, once you are with a carrier for 3 to 5 years, the initial policy discounts will decrease and eventually disappear.

For example, you might receive a 5% discount for a new car when you start your policy. At the next annual renewal period, it will become a 4% discount, then 3% the following year, and so forth.

This is one reason we recommend re-shopping your insurance every 3 to 5 years.As an independent insurance agency, we represent multiple carriers and have the ability to compare quotes for you, finding the best combination of price, coverage, and service to meet your unique needs.

Keep in mind that switching insurance carriers too often (less than 3 years) could negatively impact your insurance score and increase your premiums in the long run.

#2 – CLAIM-FREE DISCOUNTS

You could receive a significant discount if you don’t have claims on your record. However, those discounts will be removed at renewal if you make a claim, receive a violation, or are involved in an at-fault accident.

Before submitting a claim, it’s always important to call your agent at Legacy Solutions Insurance. A loss might not be significant enough for a claim, or it may not be covered at all. Even though there wasn’t a payout, you would have a claim on your report and lose that claim-free discount. Your agent can help you consider your options.

If you receive a violation, we typically recommend calling the governing agency that issued the violation to see if you qualify for a diversion. By paying an additional dollar amount on top of the fine, the violation will not be reported and will not impact your insurance rating, which can save you much more money over 3 to 5 years of that reporting.

#3 – CREDIT SCORE CHANGES

One of the more overlooked reasons for increased premiums is a change in your credit score. If your score has gone down from the time you were originally quoted, it can dramatically increase premiums at renewal. If you are married, a good strategy is to list the spouse with the best credit score as the primary insured.

#4 – BROAD CHANGES IN THE MARKETPLACE

Rates often increase due to broad changes in the marketplace. For example, there are more natural disasters happening across the U.S.; the number of deaths from vehicular accidents has increased; and replacement parts for vehicles cost more. These changes impact rates at every insurance company across the nation.

––> If you see an increase in your insurance premiums at renewal, ask yourself these questions:

  1. Has my credit changed in the last year?
  2. Have I made any claims?
  3. Have I been involved in any accidents?
  4. Have I been cited for any violations?
  5. How long have I been with my current carrier?

What can you do about a rate increase?

Re-shop!

Reach out to your independent insurance advisor at Legacy Solutions Insurance to re-shop your coverage. We are value hunters who look out for your pocketbooks, and we save you time by shopping multiple carriers on your behalf. To get the best value, we recommend re-shopping your insurance every 3 to 5 years.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

Telematics

Telematics is a free program can help you save money on your auto insurance – and become a safer driver.

By Chris Nelson

At Legacy, we know that finding ways to save money on your auto insurance is important to you, especially as premiums continue to rise due to distracted driving.

Telematics is a great option that could lead to a 5% to 25% discount – or more!

Each carrier has their own requirements, but the major aspects of the program are the same.

WHAT IS TELEMATICS AND HOW DOES IT WORK?

Telematics uses GPS to monitor driving habits, which is then used to calculate a discount.

Most of our carriers offer a telematics app that you can download directly to your phone. The app is linked to the driver, not the vehicle. Some carriers still use a manual device that plugs into your vehicle.

The exact calculations vary by carrier, but most of them measure acceleration, braking, total miles driven, and nighttime driving. Some carriers also consider idle time, speed, and distraction (like using a handheld mobile device while driving).

Carriers give an initial discount on premiums just for enrolling in their program. The amount varies, but is usually a 5-10% initial discount.

HOW LONG IS DATA RECORDED?

  • 90 days (Safeco, Travelers)
  • 4-6 months (Nationwide)
  • Policy term (Progressive)
  • Entire length of enrollment (State Auto)

MY PERSONAL EXPERIENCE WITH TELEMATICS

I personally sampled two different telematics programs from our carriers. I was concerned about what the outcome might be with my heavy foot. I didn’t drastically change my driving habits, however, it has made me a little more aware.

With that being said, even without changing my driving habits, I am scheduled to receive a 28% discount with one of those programs! On the other program, I received a driving performance of GREAT!

A surcharge could occur with a couple of the carriers, however, usually only the riskiest drivers will see a rate increase at renewal. A number of our carriers do not surcharge, so there is no risk in enrolling.

SAFE DRIVING MAKES A DIFFERENCE!

  • Telematics insurance programs lowered the incidence of auto crashes involving young drivers by 20%.
  • Speed was reported as one of the top driving behavior in fatal crashes in 2017.
  • More than 56% of drivers reported making changes to driving habits after having a telematics device in their cars.
    (Statistics source)

If you are interested in enrolling in a telematics program, contact the Legacy Solutions Insurance team to get started.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

My daughter needed roadside assistance – and I’m so glad we had it!

By Jim Adams


In our family, every good story begins with “so there I was……”

So there I was, waiting for the text message from my daughter that she had arrived home safely. We had a family gathering earlier in the day, with great food, great conversation, and a lot of fun and laughs. 

I had a sinking feeling when the phone rang and I saw my daughter’s name on the caller ID. She rarely calls unless something is wrong.

As it turns out, her “check engine” light had come on. The car lost power and was running rough. She knew something wasn’t right and didn’t want to risk further damage to the vehicle, so she called me – I’m an hour and a half away – to see what she should do.

Now, as her insurance agent, I know what roadside assistance is, but I’ve never had to utilize it. I told her to find the insurance ID card in her glove box and call the Roadside Assistance toll free number. 

Our insurance company contacted a towing company, and they came to her location and towed the vehicle to a local auto repair business. A friend picked up my daughter and took her home until the vehicle was repaired the next day.

We were very relieved when it turned out to be an oxygen sensor that had malfunctioned – an easy fix.

I’m so thankful that I chose roadside assistance coverage for this vehicle – this was the situation I was hoping to protect against, and my investment was definitely well worth it. 

Roadside Assistance Benefits

Most plans provide a towing benefit that varies on the type of coverage selected, typically from up to 15 miles or some plans for up to 100 miles. The towing benefit is also usually to the nearest service station so that any necessary repairs can be diagnosed and repaired. 

Other typical benefits include:

  • Dead battery/jump start
  • Fuel delivery (not including cost of fuel)
  • Flat tire change
  • Lockout assistance
  • Roadside winching
  • Trip interruption coverage
  • Personal property coverage

Reach out to our team if you want to add roadside assistance to your auto policy (or check to see if you currently have it).


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

Making Medicare Simple

Nobody wants to talk about Medicare because it’s so complicated – but I’m here to make it simple.

If we haven’t met yet, I’m Clint Lowry, a K-State grad (’94) and father of two. I’m a trusted Medicare advisor here in Manhattan, and I attend several trainings a month to stay on top of all the changes.

Here are some things people have been asking me about:

Struggle #1 – Gaps in Coverage

People complain about Medicare because it doesn’t provide dental, vision, or hearing plans.

Here at Legacy, we have a standalone policy to fill that gap.

Medicare covers you when you’re in the hospital, but what happens before that coverage kicks in? How do you pay for diagnostic tests and all the things leading up to hospitalization?

We have supplemental plans that help with the health expenses Medicare doesn’t cover.

Struggle #2 – Increasing Premiums

People often sign up for an attained age plan, but the monthly premium goes up every time they have a birthday.

Here at Legacy, we offer issued age plans, which are based on your age and health condition when you first received the policy. The premium doesn’t increase as you get older.

Even after your 65th birthday, it’s beneficial to review your current policy each year to see if you can switch plans and save money.

Let’s find a time to talk through your questions. You can reach me at 785-789-3441 or stop by the Legacy Solutions Insurance office.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

What you need to know about disability insurance benefits

When you purchase a new home or vehicle, you understand how important it is to protect your investment against threats like hail, tornadoes, fire, and theft.
 
But what about protecting your ability to pay for your home or vehicle?
 
What happens if the person responsible for paying your household bills is unable to work for a short or extended period of time?

You may have vacation time, sick leave, or paid time off that can help for a relatively short period of time, but those benefits may run out quickly.
 
Disability insurance can help protect you and your loved ones from loss of income due to illness or injury.

How does it work?

Disability benefits are limited by law to approximately 66% of your monthly or annual salary. This is roughly the same as your net (take home) pay because disability pay is not taxable! 
 
You can select several features for your disability benefits, including:

  • Waiting period – the number of days after an accident or illness leaves you disabled before your benefits begin. Some common options are zero days, 7 days, 14 days, or longer.
  • Benefit period – the length of time that benefits will be paid. Some options are 30, 60, 90 days or longer.
  • Benefit amount – how much of your monthly income you would like to replace, subject to the 66% maximum.

Typically, plans with longer waiting periods and shorter benefit periods have more economical monthly premiums. To decide which features are best for your unique situation, you should also consider your savings account, vacation time, sick days, and whether there are other short-term solutions to help you pay your bills.

Your advisor at Legacy Solutions Insurance can help you think through these options

How to apply

The application process is easy. If we’ve helped you with your home or auto insurance, we already have most of the information on file and can submit an application to provide you a quote.

In some cases, we will need to collect some health information, but as insurance professionals, we will protect your personal information with the same diligence as when we work with you on your home, auto, or other insurance needs.

To get started, send us an email or call our office at 785-789-3441.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

Medicare is a maze. We can walk through it together.

By Clint Lowry

There is one thing you can count on when you turn 65.

You will be bombarded by junk mail! Companies you’ve never heard of will try to sell you all sorts of stuff related to Medicare.

But how do you know what’s true? Who can you trust?

I like to sit down with people and talk face to face. Medicare is definitely a maze, but it is easier when you feel comfortable and you know there is enough time to talk about your unique situation and get answers to all of your questions.

Here are some of the most common questions people ask me about Medicare.

Q. Is Medicare free when a person turns 65?

A. Medicare Part A (hospital insurance) is free if you have worked 10 years and paid taxes. Medicare Part B (medical insurance) costs $144.60 a month for individuals making less than $87,000 a year and married couples making less than $174,000.

Q. What is Medicare Supplemental Insurance?

A. It is a private insurance policy that can help pay for some of the costs that Medicare doesn’t cover. This can include out-of-pocket expenses like coinsurance and deductibles.

Q. Is an issue age plan better than an attained age plan?

A. In my opinion, issue age plans are better. The monthly premium is based on the age you are when you first attain the policy and will not go up just because you have another birthday. In comparison, an attained age policy is based on your current age. As you get older, your premium gets higher year after year.

Enhance Your Medicare Coverage

Before you make a decision that could impact the rest of your life, get in touch with me. Don’t trust a piece of mail or a telephone call from a stranger. I will get to know you and help you sort through the options until we find the plan for your specific needs. You can reach me at Legacy Solutions Insurance at 785-789-3441.

P.S. – A lot of our readers are younger, but if you have a friend or family member who is feeling overwhelmed by all of this Medicare stuff, please let them know we can help!


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

What first-time buyers need to know about home insurance

Buying a home is one of the biggest decisions of your life, and it comes with new responsibilities.

Homeowners insurance will help you protect the things that matter to you. If you have a mortgage and receive financing through a financial institution, you are required to carry homeowners insurance.

Which policy is the cheapest?

There are several factors that determine the cost of your homeowners insurance premium. However, don’t make your decision based on the cheapest coverage alone.

  1. Deductible: The higher the deductible, the lower the premium.
  2. Replacement/Rebuild Cost: Higher dwelling coverage = higher premium (Dwelling coverage is based on what it will cost to rebuild the home. This is not necessarily market value. Often times, market value can be much higher or lower than the replacement/rebuild cost.)
  3. Age of the home: Newer house = lower premium. Older house = higher premium.
  4. Location of the home: Is it in a dangerous neighborhood? How far is it from first responders? Is it in a region prone to tornados, hail, high winds, or fires?
  5. Insurance Score: Includes your credit score and claim history.

Is insurance included in closing costs, or extra?

When you buy your house, you will pay the first year’s premium in one lump sum to the title company/lending company. The premium is included in your closing costs. The title company or lender will pay the insurance carrier directly on your behalf.

In future years, you will pay the monthly premium into an escrow account via your mortgage payment. In other words, if your insurance premium is $1,200/year, then $100/month of your mortgage payment will be placed into an escrow account for your next term payment. Your lender/mortgage company will pay the insurance carrier directly when the time comes.

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How can I save money on my home insurance?

  1. Get quotes early. Receive a discount for shopping early.
  2. Bundle policies. Receive a multi-policy discount when you bundle home and auto with the same carrier. You might be eligible for an even bigger discount if you bundle additional policies, such as umbrella, boat, motorcycle, etc.

Is all of my stuff covered?

Homeowners insurance includes five main categories of coverage:

  1. Dwelling Coverage: Covers the home, materials, and construction costs of the overall structure. Based on replacement/rebuild cost or loan amount.
  2. Personal Property Coverage: This includes items like your appliances, electronics, furniture, clothing, kitchenware, bathroom essentials, TVs, etc.
  3. Liability Coverage: Liability claims are typically associated with injuries and lawsuits, including dog bites or trampoline injuries. This is often the most overlooked coverage, but it could be the most important. We recommend $500,000 liability coverage to help protect your assets.
  4. Additional Living Expense Coverage: This coverage kicks in if your house becomes unlivable or if a vital part of it, like the kitchen, is destroyed. If you have to sleep at a hotel (or rent an apartment) until your house is livable again, or if you have to eat out because you can’t use your kitchen . . . this will pay for the difference. It also covers things like the extra mileage it takes to drive your kid across town to school while your home is being repaired.
  5. Additional Structures: This protects items that aren’t attached to the home, such as detached garages, sheds, fences, etc. Be sure this coverage is sufficient.

Is flood insurance included?

It’s a common mistake to assume that homeowners insurance will cover flood damages. However, water that enters the home from the outside will not be covered unless it is part of another peril (like a fire). In other words, water flowing in through a window after a heavy rain or water seeping through the foundation because the water table is high will NOT be covered by homeowners insurance. We highly recommend looking into getting flood insurance.

There are other potential coverage gaps you should be aware of, including water/sewer backup, earthquake, replacement cost of property vs. actual cash value, etc. Be sure to talk to your insurance advisor and identify these gaps.

How big of a check will I get if something happens to my home?

When you purchase your home insurance policy, talk to your advisor about the difference between replacement cost and market value. Replacement cost is the cost to rebuild your home with a similar type and quality of materials. Market value only covers up to the current cash value of your home. Your home must be insured at replacement/rebuild cost or the loan amount, whichever is greater. Be sure you have enough to cover a complete loss.

Anything else I should know?

We highly recommended you work with a local or regional insurance agency rather than a stranger on a 1-800 number. Your local advisor will take time to get to know you and learn about your unique situation. Plus, it’s nice talking to the same person every time you call.

LEARN MORE

If you would like to set up a home insurance policy or have questions about your current coverage, please reach out to your insurance advisor at Legacy Solutions Insurance.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

Umbrella Policies: The Ultimate Asset Protection

Imagine this:

Your son hates math class. In a spiteful moment, he gets on Facebook and slams his math teacher in a public post.

While you might be disappointed in your son, you think, “Okay, freedom of speech, what’s the worst that can happen . . . they suspend him and ask him to remove the post?” Wrong!

The math teacher sues your son for slander, and you are now stuck paying a $750,000 lawsuit.


If you were the parent, would you be covered by insurance?

This scenario actually happened to a Travelers customer in 2018!

Your liability coverage on your homeowner’s policy may cover this situation. However, those limits typically max out at $500,000. Liability coverage on your homeowner’s policy will extend outside the home, but it will not protect you in lawsuits arising out of auto accidents or business pursuits.

Your auto policy has its own liability limits and your company/employer should have liability coverage that covers you in the course and scope of your job.

But what happens when your home and auto policy limits won’t cover the amount of the lawsuit? This is where an umbrella policy comes into play.

About Umbrella Policies

An umbrella policy provides extra liability coverage and extends over your home and auto policies. It protects your assets from high liability lawsuits. The most common examples are tragic car accidents with severe injuries or death, dog bites, and injuries sustained in a pool or on a trampoline.

Although high liability accidents and incidents are less common, this is where people stand to lose the most money. We take risks every day, and even seemingly harmless situations could result in damage or injury. 

Insurance has gaps, no matter the limits on your policy. There will always be scenarios where you might not be fully covered.

LEARN MORE

If you would like to set up an umbrella policy or have questions about your current coverage, please reach out to your insurance advisor at Legacy Solutions Insurance.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.

Does your auto insurance cover Uber and Lyft?

By Jim Adams

During my most recent Uber purchase in Manhattan, Kansas, the driver indicated that there are over 500 drivers in the Manhattan, Junction City, and Wamego area.

If you are one of these drivers, or know someone who is, please make sure that you, your vehicle, and your customers are adequately insured.

In most cases, your personal auto insurance does not cover you when you drive for a ride-sharing service like Uber or Lyft.

Fortunately, Uber does provide insurance for your vehicle and passengers when you turn on your rideshare app. In the event of an accident that results in bodily injuries, the company would provide coverage for up to one million dollars in damages as long as the app is on, you have a passenger in the vehicle, and you have collision and comprehensive coverage on your personal auto insurance policy.
 
Keep in mind, the Uber policy may not adequately cover the driver. Most personal auto coverages stop when you turn on the rideshare app, which creates a coverage gap.

As a rideshare driver, you have two options:

  1. You could buy a commercial insurance policy to make sure you are fully protected.
  2. You could purchase rideshare insurance.

Rideshare insurance typically covers personal use and periods when the app is on with no passengers in the car. Commercial policies are often much more expensive than a specific policy designed to provide coverage for rideshare drivers during trips.  

Two of our carriers – Safeco and Progressive – offer rideshare insurance.

If you are driving for a rideshare service, you must inform us. Failing to disclose this activity may lead to cancellation of your personal insurance policy – the insurance company will eventually find out that you are driving a vehicle for a rideshare service. Plus, all the additional cash you’re earning might have to go toward an uninsured claim!
 
If you would like to know more about this subject, please stop by our office, give us a call, or send us an email.


Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products and services.

Legacy Solutions Insurance, LLC does not make any representation that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.

Legacy Solutions Insurance, LLC does not assume any legal liability for any direct, indirect, or any other loss or damage of any kind for the accuracy, completeness, or usefulness of any information, product, service, or process disclosed herein.

Copyright © 2021 Legacy Solutions Insurance, All rights reserved.