Mark Kofalt, Author at Premier Insurance Services

Tips for Protecting Your Family This Summer

Post author:Mark Kofalt
Post published:May 17, 2019
Post category:Personal/Family

Summertime means your kids getting together with friends and playing, swimming and your family taking road trips. It's a time of fun and bonding after a busy year of school. Everyone should take the time to relax. But just because there may be more leisure doesn't mean that dangers don't lurk. You can take the following steps to protect your children and family to ensure that you have a safe summer free of avoidable accidents: Take extra care around pools When your kids are playing in a pool, there should always be adult supervision. Whoever is supervising should avoid getting…

Do You Know Your Flood Risk?

Post author:Mark Kofalt
Post published:May 11, 2019
Post category:Business Personal/Family

Almost everyone has a risk of their home being flooded, regardless of where they live. And now as flooding has become an annual threat to many communities across the country, even areas that were not considered flood-prone are also at risk. There was record rain and snow in many parts of the country in the early part of the year, and many areas can therefore expect flooding. According to the Federal Emergency Management Agency, more than 20% of all flood insurance claims come from areas outside of high-risk flood zones - and that number is rising with each passing year.…

We’re Moving to Eastgate!

Post author:Mark Kofalt
Post published:May 5, 2019
Post category:News

We're consolidating our offices into one Eastgate location. By the time you read this, we might already be there (4404 Fayard Dr., Batavia OH 45103). Stop by sometime and say hello! Here's a quick video on what's happening (looks like I'm doing all the work, right?). Check it out: https://www.facebook.com/psisinfo/videos/715692805512245/ Watch more of my videos from our Facebook page here.

Use Life Insurance to Pay Off High-Interest Accounts Like Credit Cards

Post author:Mark Kofalt
Post published:April 24, 2019
Post category:Personal/Family

Save potentially thousands and thousands of dollars in interest while making thousands of dollars? Sounds too good to be true right? And you know what they say about that. But hear me out in this video. It really is true and I can help you accomplish paying off your high-interest debt while still earning interest on your life insurance policy. https://www.facebook.com/psisinfo/videos/320789408629540/ Watch more of my videos from our Facebook page here.

Retaliation Cases Against Employers Continue Growing

Post author:Mark Kofalt
Post published:March 10, 2019
Post category:Business

The federal Equal Employment Opportunity Commission is seeing more and more retaliation complaints by U.S. employees, with such charges accounting for 47% of all charges in 2017. That's compared with 37% in 2011. Employment law attorneys say that the increase is in part due to the fact that the employees who bring retaliation charges have a higher degree of success than those that bring a regular discrimination charge. There is a lower standard of harm that must be proven for a successful retaliation lawsuit thanks to the U.S. Supreme Court case, Burlington Northern & Santa Fe Railroad vs. White. While…

Why You Should Consider Disability Insurance

Post author:Mark Kofalt
Post published:March 7, 2019
Post category:Personal/Family

What would happen if you were permanently injured or became too ill to work? You might qualify for disability payments from Social Security, but would you be able to survive on the average payout of $1,171 per month? Maybe you have some savings, but would it be adequate to cover your living expenses until you're old enough to collect retirement benefits? If you answered "no" to either of these questions, you should consider buying disability insurance. Disabilities are surprisingly common: One in three women and one in four men will have a disability that keeps them out of work for…

Adult Children on Your Policies Can Create Coverage Gaps

Post author:Mark Kofalt
Post published:March 1, 2019
Post category:Personal/Family

These days, many families are assisting their adult children financially far longer than parents of earlier generations. And that kind of support for college, and sometimes basic survival, can create insurance coverage gaps for the adult child that can be a major risk to their parents' financial wellbeing. If you have an adult child who is still financially dependent on you in some way, it's critical that you secure appropriate insurance coverage. Issues that will affect coverage include if they are a full- or part-time student, where they live and how old they are. Homeowner's insurance Under a homeowner's policy,…

Does a Homeowner’s Policy Cover Your Home Business?

Post author:Mark Kofalt
Post published:February 28, 2019
Post category:Business

Thanks to advances in technology and the Internet, more and more people are running home-based businesses, either full-time or part-time. But will a homeowner's policy cover the risks of a home-based business? In nearly every case, the answer is no. The only exception to this might be if a homeowner's policy has a special endorsement, such as to run a catering company from your home. Yet fewer and fewer companies offer such endorsements. Additionally, some policies may give a very limited amount of coverage for business property, such as a computer. Sixty percent of home-based businesses lack adequate business insurance,…