Page 4 - AAA Central Penn – AAA Now! – January/February 2019

AAA
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WITH YOU ON THE ROAD OF LIFE
Make Sure Coverage is Up to Date Prepare for the Coming Year with an Insurance Checkup
Just as a visit to the doctor for an annual physical may be good for your health, scheduling time for an annual insurance policy checkup may help ensure your financial well-being.
“Our insurance agents are uniquely qualified to serve our members by offering insurance solutions tailored to individual member needs while providing discounts available exclusively to members,” said AAA Central Penn Vice President of Insurance John J. Kubeika. “From accurate property valuations to
liability risk evaluations, our agents are well-prepared and eager to safeguard your life’s journey. We’re with you on the road of life.”
This checklist outlines some of the areas you might want to consider.
Home Upgrade. Remodeling
your kitchen or bathroom, adding
an extra room, or upgrading
other features in your home
may add substantial value to your house. Before the work begins, check to see if you need to increase your insurance coverage. By doing so, the addition
or upgrade will be covered in case it’s damaged or destroyed during construction. Also, be sure to notify your agent if you’ve installed any new upgrades. You may get a reduction in your homeowners premium because these improvements can reduce the risk of damage to your home.
Home Inventory. If you don’t have one already, it’s time to create a home inventory. A home inventory
is a list of all of the things that you own, with a description of each item; where you bought it; how much it cost; and the make, model and serial number for major items. You can also document your items by taking photos or videos. If you have receipts, attach those or save on a flash drive, and store in a safe place, like the safe deposit box at your bank.
Home Value. It may be time to re-estimate what it would cost to rebuild your home. The estimate should cover construction costs, but not include the price of the land. Contact a local building association or real estate agent to assist with your calculations.
Liability. Check the liability coverage on your homeowners or renters policy to make sure it is adequate, especially if you’ve added such things as
a swimming pool or a hot tub, or now have a trampoline in your yard or basement. This may also be the time to consider taking out a personal umbrella policy for additional liability coverage.
New Valuables. If you’ve acquired new valuables, such as jewelry or expensive pieces of art, check your policy. It could have a limit on the amount that will be covered for these types of items, and you may
need to add optional coverages to cover the value of any additional acquisitions.
Coverage by Multiple Companies. If you purchase auto insurance from one company and life insurance, homeowners, or renters insurance from another, you may want to consolidate and buy multiple policies from the same company to take advantage of a multi-policy discount.
Auto Coverage. Re-evaluate your auto insurance coverage if you have an aging auto. Check your car’s Kelley Blue Book value to determine what your car is worth, and decide whether the premium you’re paying for collision coverage makes sense, based on what you would receive if your car were totaled.
Students in College. If your child will be taking off to college with a car that’s covered by your auto insurance policy, be sure to inform your agent as
soon as possible. The cost of the premium may change. You may also want to see if they need a separate renter’s policy, or if they can still be included in the parents’ homeowner’s policy.
To find out more about home or auto insurance, call your local AAA Central Penn Insurance Agency (844- 345-1823) to see what discounts you may be eligible for and what type of coverage you might need.
AAA’s 112th Annual Meeting
The 112th annual meeting of AAA Central Penn will be held on Thursday, March 28 at the club headquarters located at 2301 Paxton Church Road, Harrisburg. The meeting will begin at 3:00PM.
Chairman Larry Brown, President/CEO Jodie Daubert and Treasurer J. Roger Moyer, Jr. will present reports to the membership. Directors
for the 2019-2022 term will be elected. A list of nominated individuals for election to the Board of Directors may be obtained by going to the AAA Central Penn website, AAA.com, after March 2, 2019. If you do not have access to a computer and would like a list of the nominees, please contact Joyce Fohl, AAA Central Penn, 2301 Paxton Church Road, Harrisburg, PA, phone (717) 657-2244, ext. 1951, and we will be happy to provide you with the slate of candidates.
AAA Central Penn continues to grow and serve our more than 333,000 members through a network of 11 full-time service offices, the Member Services Call Center and Web site, AAA.com.
Members enjoy benefits in the travel, insurance and financial areas while being protected 24 hours a day, 365 days a year, by our Emergency Road Service.
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JANUARY/FEBRUARY 2019
Now!