Movie Claim Monday: where our insurance minds speculate whether certain incidents in the cinematic universe would in fact be considered a covered claim.*
This week’s movie claim Monday is on Despicable Me 2**. Again, I have a 2 year old, the only movies I watch anymore are cartoons. So here we go! This one isn’t exactly on claims, rather than just the coverages needed. The scene I’m going to be going into is when Gru and Lucy break into Salsa & Salsa restaurant to see if the bad guy they are looking for is El Macho (spoiler alert: it is!).
- El Macho better have some small business insurance. There is property damage to most of his tables and chairs and a hole gets put in his ceiling. He would want property coverage as well as loss of use, since he may have to close down while repairs are made.
- Also, his business coverage would be useful for the safe that is broken into, but the coverage may not apply, as not valuable was taken and the only valuable in there was a jar of salsa.
- The mall would also want good property insurance, as the minions break quite a bit of glass driving a car through the side wall. Lots of damage and lots of clean up.
- Finally, how would Lucy’s car be covered? I mean, it obviously needs auto insurance, but it is also a submarine and an aircraft. Three insurance policies seems a bit excessive, so maybe she can find a non-standard carrier that can create a custom policy for her specific vehicle. You never know.
*Disclaimer: Each insurance policy is different, and while we speculate here for enjoyment purposes, you will need to discuss your insurance policy directly with your agent or CSR. Our speculations here are in no way an indication that a similar occurrence would in fact be covered.
**All characters described and mentioned are copyrighted by Universal Pictures
In light of all of the recent weather disasters and catastrophes, we in the Brown & Brown personal lines department want to be sure you aren’t in for a surprise (the bad kind, not the good kind) if something were to happen to you. It is important that you understand the coverages provided to you by homeowner’s insurance and your auto insurance. Contact your agent today to review your policy.
Review Your Policy
The first thing to do is read your policy. Car insurance terminology can be a bit daunting, but the main thing to know is your limits of liability, your uninsured motorist coverage, and your deductibles. For home insurance, make sure that your dwelling coverage is at replacement cost. There is obviously a lot more to each policy, and if you have questions, our personal lines agents are here to help.
Contact Your Agent
We want you to be confident that you are covered properly. Our three offices are in Albuquerque, Taos, and Santa Fe, but we insure clients throughout all of New Mexico. We hope you give one of our offices a call to help with all of your insurance needs.
It’s Boating Season
Every summer, our team gets calls from customers after a fun weekend on the water takes a turn for the worse. Often, these accidents could have been prevented with just a few simple precautions. Here are a few tips we like – courtesy of our partners at Safeco.
Don’t let an accident wreck your fun!
Life Preservers Aren’t Just for Kids. It’s not enough to just have life jackets on board — wear them! In an accident, people rarely have time to reach for a life jacket. This rule applies to adults, not just children: More people in their 30s die in boating accidents than any other age group. Life vests have come a long way in style. Today, you can even get vests for your water-loving dog!
Most home insurance policies have limited coverage for boats. If you own a boat, watercraft insurance is your best bet: It covers theft, damage, and injuries or accidents while you’re on the water, as well as some of your expensive watersports gear.
Watch the Back of the Boat. Carbon monoxide kills in minutes. So tell your passengers where your exhaust pipes are located and turn off your engine when people are in the water, and don’t let passengers “ski” or “teak-surf” by holding on to the back of the boat. Both Washington and Oregon made teak-surfing illegal in the last few years, after several tragic deaths. Carbon monoxide detectors are standard on most new boats; older boats install devices for less than $100.
Alcohol and Boating Don’t Mix. More than 50 percent of drowning’s result from boating incidents involving alcohol. You don’t drink and drive, so don’t boat and drive.
Boats Need TLC Too. When you’re out on the water, make sure your gas tanks are vented and bilges are free of vapors, oil, waste and grease. Carry a charged fire extinguisher. Have your boat’s operating systems checked yearly by a certified marine technician. The Coast Guard Auxiliary and United States Power Squadrons also offer free vessel safety checks.
Experience Counts! The U.S. Coast Guard says that operator errors account for 70 percent of all boating accidents. Make sure anyone who drives your boat is properly trained. You can also earn boat insurance discounts from Safeco and other insurers if you complete a safety course with the Coast Guard Auxiliary or U.S. Power Squadrons.
Sites for Information:
Coast Guard: www.uscgboating.org
Coast Guard Auxiliary: nws.cgaux.org/
Safeco tips: www.safeco.com/insurance-101/consumer-tips/your-boat