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Rand Insurance Insights January 2022

Being Prepared for a Winter Driving Emergency

Are You Prepared for a Winter Driving Emergency?

You may have plans to drive to Vermont for a ski weekend. The temperatures are way below freezing and there is snow in the forecast. You are all packed and ready to go. But are you ready if you get in a driving accident or your car breaks down on the way?

Don’t forget to make your own winter car survival kit so you don’t get stranded out in the cold! Prepare for the worst-case scenario (especially in wintertime) by keeping supplies in your winter car kit.

Winter car preparation is crucial for staying safe in cold weather emergencies on the road. Check out the list from the folks at AAA below for 12 important things to keep in your car during winter.

12 Items to Put in Your Winter Driving Safety Kit

  • Cell phone and car charger
  • First-aid kit
  • Blanket
  • Drinking water/snacks for everyone in the car including pets
  • Flashlight with extra fresh batteries
  • Rags, paper towels or pre-moistened wipes
  • Basic set of tools along with duct tape and car emergency warning devices such as road flares or reflectors
  • Ice scraper/snow brush
  • Jumper cables/jump pack
  • Traction aid such as sand, salt or non-clumping cat litter
  • Tarp, raincoat and gloves
  • Shovel

Whether you’re preparing for your next road trip or the next season, it’s a good idea to take inventory of the items in your car emergency kit. And be sure to replenish any depleted items as needed over the year.

Fire Safety During the Winter

Now that the holiday and winter season is upon us, you may be looking forward to family gatherings, dinners with friends, and special celebrations. If your holidays include having a cozy fire in the fireplace, candles on the table, twinkle lights on the tree, or extra space heaters around the house to warm things up, you’re not alone. For many of us, these are essential to the holiday spirit. But they can also be fire hazards if you aren’t careful.

Over 150,000 fires occur during the winter holidays season, causing many deaths and injuries, and approximately $936 million in property damage, according to the U.S. Fire Administration. Here are the four main holiday fire hazards and how to avoid ruining your holiday season. Tips from Chubb – Fire Safety During the Holidays

Who Needs Flood Insurance? Everyone!

Here is why you need flood insurance even if you don’t live in a flood zone.

This question has never been more pressing as many residents whose homes were flooded because of the recent storms are wondering how to protect themselves in the future.

At Rand Insurance, we stress the importance of getting a flood policy for your home or business as soon as possible whether you are in a flood zone or not.

Flood insurance covers water damage that results from water that has already hit the ground, pouring in from oversaturated yards, flooded streets, or overflowing rivers, streams, or ponds. Meanwhile, water backup coverage reimburses the homeowner for water that backs into the home through an outside sewer or drain.

Standard homeowner’s insurance does not cover flooding, so it is a good idea to get a flood policy that covers the replacement cost of your home or the actual cash value of damages up to the policy limit.

It is important to note that by having a flood policy, the amount paid on contents will cover only actual losses caused by a weather-related flood, not a broken water pipe for example.

Another feature to know is that it takes 30 days for your flood policy to go into effect – so plan ahead. However, if you are closing on a home and your mortgage company requires you to have flood insurance, it would go into effect on the day of closing.

Call Rand Insurance and we will provide you with more information and guidance on flood insurance.

Protecting Your Designer Wardrobe and Accessories

Do you own an extensive collection of couture? Vintage or one of a kind, hand crafted high fashion? Designer hand bags or shoes? Well, you might consider getting specialized designer wardrobe Insurance because your basic homeowners insurance likely won’t protect your collection.

Here are some key things to keep in mind:

  • Traditional homeowners insurance policies often exclude damage to high-value garments caused by various risks, including floods, earthquakes, mold, moths, and accidents.
  • Additionally, the loss of an expensive pair of shoes, handbag, or designer gown might not be covered under a homeowners policy if the loss is not greater than the deductible
  • Make sure your wearable collections insurance covers both made-to-measure and ready-to-wear garments, shoes, handbags, and other accessories.

Talk with your Rand Insurance account manager about specialized insurance protection for your couture and designer clothing.

Compliments of Rand Insurance – a member of the EACCNY.