Mark Kofalt, Author at Premier Insurance Services

Drive Other Car Coverage: Protect Your Officers

Post author:Mark Kofalt
Post published:October 20, 2021
Post category:Business

When it comes to driving a car you don’t own, the auto coverage situation can become complicated. That’s when drive other car coverage, which broadens coverage for named individuals, comes in. For example, say Linda is a junior partner in a law firm. She drives a car that the firm owns and insures, and she doesn’t own another car. Since the Rental Auto Coverage Most of the time, this doesn’t create any problems for Linda. However, when spring break rolls around, she decides to take her kids to Disney World. She rents a car at the Orlando airport without giving…

Teens Drinking at Parties = Insurance Issues

Post author:Mark Kofalt
Post published:October 15, 2021
Post category:Personal/Family

As the new school year starts, high schoolers are getting back into the routine of hanging out with friends. This often includes weekend parties after the Friday night football game, which can become occasions for teenagers to drink alcohol. Unfortunately, when teens drink at unsupervised parties they risk harming themselves and others. Responsibility and Coverage When high schoolers throw these parties, their parents may bear responsibility for what happens, whether or not they knew or gave permission. This can include any injuries or damages that occur after the guests leave. The homeowner’s insurance is likely to cover any financial damages,…

Know That Medical Insurance Doesn’t Cover Everything

Post author:Mark Kofalt
Post published:September 25, 2021
Post category:Personal/Family Senior Care

Though it is important to have medical insurance, you should be aware that this insurance does not cover everything. Medicare, though it is helpful, does not provide complete coverage of health care costs like many people assume it does. Finding out that Medicare doesn’t cover everything can be difficult for many Americans who do not have the money saved up to cover medical costs. It is important that you know how much you will end up paying in medical costs so that you can plan early in life and avoid being blindsided when you have to start paying out-of-pocket costs…

Questions About Fire Sprinkler Systems

Post author:Mark Kofalt
Post published:September 20, 2021
Post category:Business Personal/Family

Now that you know more about how to reduce your homeowner’s premium, it is time to learn about how to save money and save lives with your fire sprinkler system. Automatic fire sprinkler systems can end up saving lives and preventing disasters from occurring. However, you may have questions about how fire sprinkler systems work and why they can be so effective. Point blank, fire sprinklers are effective--according to the National Fire Protection Association, there are no records of fires resulting in more than two fatalities in areas that had adequate sprinkler systems. In these cases, the deceased were typically…

Common Questions From Homeowners Answered

Post author:Mark Kofalt
Post published:September 20, 2021
Post category:Personal/Family

How Can I Reduce My Homeowner’s Premium With Premier Insurance Services? Given that homeowner’s insurance rates are on the rise, you are likely looking for ways to reduce your homeowner’s premium to save money in the long run. Though this may seem like a difficult task, there are various methods you can take to reduce your homeowner’s premium with Premier Insurance Services. Some of the numerous ways that you can chip away at your overall annual premium include: Raise your deductible. Raising your deductible, or the amount of risk you agree to accept before your insurance company starts paying on…

10 Ways to Reduce Your Homeowner’s Premium

Post author:Mark Kofalt
Post published:September 15, 2021
Post category:Personal/Family

With homeowner's insurance rates on the rise, you may be looking for ways to reduce your annual premium without skimping on coverage. After all, a large portion of your net worth resides in the same place as you do. But there are a number of strategies you can use to chip away at your overall annual premium, including: Raising your deductible - Your deductible is the amount of risk you agree to accept before the insurance company starts paying on a claim. As homeowner's rates increase, you may want to be willing to take on more of the risk yourself.…

Medicare Offers Weight Loss Program for Eligible Participants

Post author:Mark Kofalt
Post published:August 25, 2021
Post category:Personal/Family Senior Care

As we have been repeatedly reminded throughout the COVID-19 pandemic we experienced last year, our health is important. As Americans age, managing our health becomes even more important. Healthy choices, like diets and exercise routines, are easy to ignore after retirement. People often eat less or eat fewer nutrient-packed foods after they retire. Making healthy choices can be a struggle for everyone. But for someone who is not as active as they were when they were working, it can be particularly difficult. An increase in the number of expanding waistlines have caused health insurance companies and health across the…

Annual Insurance Review is Crucial to Your Growing Business

Post author:Mark Kofalt
Post published:August 20, 2021
Post category:Business

As a business owner, do you have the right insurance policy? Let’s say you started your business 10 years ago with just a small space and computer desk. Today, you have an office full of employees and equipment. If you still have the same insurance coverage as you did a decade ago, or even just a few years ago, the chances are high that you are underinsured. One of the biggest mistakes owners of growing businesses make is not keeping up their insurance coverage to account for the expanding assets and potential liabilities. To avoid this mistake and…