Movie Claim Monday-Fast Five

 

 

Movie Claim Monday

 

Movie Claim Monday: where our insurance minds speculate whether certain incidents in the cinematic universe would in fact be considered a covered claim.*

Our movie today is Fast Five.  As the eighth installment of this series just came out, we shouldn’t be spoiling the plotline for you.  The scene we are looking at is where the team (specifically Dom and Brian steal a large safe (bank vault) by attaching it to the back of their Dodge Chargers and cause massive damage during a very intense police chase.  So here is where our insurance minds took us:

-The special upgrades on the Chargers are pretty awesome.  Hopefully they notified their insurance carrier of those upgrades—they can be covered by comprehensive or collision if they are noted on the policy.

-Surprisingly, the only human injuries seem to be to the drug dealing cops, so that’s less liability to worry about.

-Speaking of liability, I sure hope they have super high limits with a huge umbrella policy.  The damage done to buildings (like the bank) and all the other little structures would be millions in damage.  I would venture they needed a $10 million umbrella for that kind of stuff.

-But, by far the biggest issue is that they are in Brazil.  So unless they have an insurance policy for Brazil, it won’t be covered by any policy in the US.  But they make millions off this particular situation, so they can just pay for it all themselves if need be.

*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.

 

 

Written by Kristin King

 

 

Speeding

Slow down, save money … and lives

How many times has the following happened to you? You’re speeding down I25 when you spot a New Mexico Highway patrol car. You quickly hit the brakes and slow down, relieved that you didn’t get caught … this time.

SpeedingNow take a minute to think what could have happened if you hadn’t been so lucky.

First, your speeding could have hurt somebody — or yourself. According to the Insurance Institute for Highway Safety, speed is a contributing factor in more than 30% of fatal crashes and nearly 20% of non-injury accidents. That’s a big risk to take.

Second, getting a ticket could put a big hit on your wallet. Of course, that’s not nearly as important as the health and safety impacts of speeding, but in this economic climate, more and more people are watching every dime. And who wants to write a check to the state for speeding?

At Brown & Brown Insurance, we want you to be safe. We also want to make sure you get a great price on the insurance coverage you need. Thankfully, easing up on that lead foot can help accomplish both.

How a ticket impacts your insurance

If you get a speeding ticket, that violation can stay on your driving record for three years or even longer. And because your driving history plays a large part in determining how much you’ll pay for insurance, the fewer tickets you have, the better.

Different carriers have different policies when it comes to checking your driving record and dealing with drivers who have violations. If you receive a ticket, and it’s your first in several years, you may not see much of an increase — depending on the severity of the offense. In fact, many states will allow you to enter a deferment program if it’s your first ticket, keeping the violation off your record if you complete a safety course and avoid further tickets.

But that second ticket (or third, or fourth …) can bring some serious financial penalties. While there are too many variables to say specifically how much each additional violation will increase your premium, it’s safe to say that the jump will be significant. And unfortunately, you can be stuck paying those higher premiums for years.

Significant violations can have a bigger impact as well. If you’re going 20 miles per hour over the limit, you’ll likely pay more than someone with a ticket for 5 mph over. Insurance companies know that speeding increases the risk of accidents, and they’ll view you as an increased risk — for good reason. In fact, if you have a serious violation, or too many tickets, your insurance carrier could drop your coverage altogether.

For younger drivers (typically under the age of 25), it’s especially important to avoid tickets, because companies already view these drivers as riskier than the general population.

And keep in mind, even if your premium doesn’t go up, having a violation on your record could prevent you from receiving the lowest possible rate on your insurance.

Of course, we think the best policy is simply to obey speed limits. Not only will you avoid tickets and possible insurance hassles, but your risk of accidents will decrease. And you’ll get better gas mileage. Sounds like a good deal to us!

Distracted Driver

Avoiding distractions while driving could save your life

You’ve seen them on the roads; you might even know a few of them.

And you could be one yourself.

Distracted drivers in come in all shapes, sizes, ages and experience levels. Even if you’re not one today, you could become one at any moment — in the time it takes you to answer your cell phone or check the kids in the back seat when you’re driving through AlbuquerqueDistracted Driver.

If you or someone else you know thinks you can drive just fine while talking on your phone, think about this: More than 450,000 people were injured in crashes that reportedly involved distracted driving in 2009, according to the National Highway Traffic Safety Administration. More than 5,000 of those people died.

Distractions on the road come in many forms, according to www.distraction.gov, a U.S. Department of Transportation website. There are three main kinds of distractions:

Visual – taking your eyes off the road

Manual –taking your hands off the wheel

Cognitive – taking your mind off what you’re doing

 

To help you avoid all three kinds of distractions the next time you’re behind the wheel of your car  here are a few tips:
Put your phone in silent mode and store it away from the front seat or in a purse or bag. This helps reduce temptation.
Have a passenger answer your phone or return text messages for you. If a call or a text can’t wait, pull over in a safe spot before using your phone.
This one seems obvious, but finish shaving or applying makeup before you get in the car!
If you’re emotional, wait until you’ve calmed down before hitting the road.
Avoid road rage. You’ll be happier and safer.

Whenever you’re on the road, it’s not a time to multi-task. Focus on driving safely.

 

Five ways to get your car stolen

five ways to get your car stolen

 Five sure-fire ways to get your car stolen

Most people would say their car is one of the most valuable assets they own — if not the most valuable. Despite that, however, some people make it downright easy for thieves to drive off in their pride and joy.

 

At Brown & Brown Insurance of , we don’t want you walking out your door to an empty driveway or leaving {local mall} only to find some broken glass left behind in your parking space. So take care to avoid these five mistakes.

 

  1. Leave your car running … and unattended. We know it can be chilly in the mornings, and who wants to wait in a cold car while it warms up? Well, a thief certainly won’t mind the chill — as he’s driving away in your car while you’re finishing that cup of coffee in your kitchen. If your car is running, you should be in it. Period. Even if you’re just running over to the ATM to get some cash or dropping off some mail.
  2. Keep a spare set of keys inside the car. Law enforcement agencies say this is a great way to turn a car prowler into a car thief. They’re already breaking into your car to get a phone, or a laptop, etc. What do you think they’re going to do when they find a set of keys? They’re not going to drop them off on your porch with a nice note, that’s for sure.
  3. Put valuables in plain sight. Seems simple, but we’ve all made this mistake. You’ll just be in the store for a second, after all, so who cares if you leave your smartphone on the front seat? Or items from your other errands in the back seat? Be smart — if you have to leave items in your car, put them in the trunk, or at least hide them as best you can. And do it before you get to your next destination.
  4. Leave your car unsecured. The best thieves can work wonders with a window that’s left open even just a crack. And even the worst thieves can steal a car that’s been left unlocked, with no alarm set.
  5. Assume nobody would want to steal your car. Think your car is too old or too undesirable for a thief to bother? Scrap metal is worth money, so never assume that your car is safe — even if you think it’s just a “junker.”

 

Keeping thieves away helps to keep everyone’s insurance costs down, so avoiding these mistakes not only will save you hassle, it will save you money as well. So stay safe, not only on the roads, but in the parking lots as well!

Contact Us!

At Brown & Brown Insurance of New Mexico, we can work with you to make sure you’ve got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give us a call at 505-592-2500 or send us a note at info@bbnm.com. We want to help you meet your goals, and make sure what’s important to you is protected!

 

Content provided by Safeco Insurance

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