Author: admin

Do You Have Adequate Life Insurance to Protect Your Family’s Future?

Posted on by admin

Many of our clients in the greater Niles, OH area add life insurance to their portfolio when they are married or begin their families. However, it is important that these policies are reviewed on a regular basis to ensure that your life insurance is keeping pace with your life stage changes. Ruddy Insurance Group is here to help you navigate this process in a smooth manner that keeps your family protected while minimizing your stress level; we are here for you!

Life Insurance Needs Change as You Progress Through Various Life Stages

When you have young children, you likely consider life insurance as a protective measure in the event of the early death of your self or your spouse. When your children grow older, you may look at your whole life or universal policy as a means to help your children reach their educational goals. As your family ages, your needs will change. Whatever type of life insurance policy that you hold, it is always a smart idea to review the coverage daily.

Life insurance is a useful insurance and financial tool, and your local agent can help you to maximize the benefits of your policy. Not only can they help you acquire adequate coverage and protection, but they can also help you to gain the highest benefit from your policy over time. Make sure that your family has the safety net they need, while also adding another tool to your overall financial portfolio.

Is it time to review your life insurance policy for completeness? The team at Ruddy Insurance Group is here to help! If you are in the greater Niles, OH area, call or stop by our office today and meet with one of our friendly agents.

How to Do a Home Inventory for Insurance Purposes

Posted on by admin

It can be hard to remember everything that was in your home after a disaster strikes, which is where a home inventory comes in handy. An up-to-date inventory makes your claim process more manageable and can also help make sure you have enough coverage, to begin with. An agent at Ruddy Insurance Group in Youngstown, OH can also help you with conducting an inventory and suggests the following:

  • Use Technology: Technology can make the process easier. Take a photo of individual items and then label where you bought it, as well as the make, model, and any other information that is useful. You can also walk through the home and videotape the contents while you describe them. Many mobile apps will give you options to help you create an inventory, and you should go room by room so you won’t forget anything.
  • Start Somewhere Easy: A contained area, like an equipment closet or kitchen, is an excellent place to start so you don’t get overwhelmed.
  • Include Basic Information: When recording your inventory, make sure that you include the basic information of what you will need when filing a claim. Serial numbers are always a useful reference and can be found on the back or bottom of appliances and electronics. Keep any proof of value, such as recipes or appraisals.
  • Don’t Forget Off-site Items: Any items you keep in a storage facility will be covered under your homeowner’s insurance, so be sure to include these items in the inventory.
  • Count Clothing by Category: Include things like "three pairs of sneakers" or "six pairs of jeans" to make it easy, and note any pieces of clothing that are exceptionally valuable.
  • Keep It Up to Date: Add any significant purchases while they are still fresh in your mind. Store copies of the inventory outside the home and, if you are using an app, make sure that you know how to access the information and when a backup is needed.

Contact Ruddy Insurance Group, serving Youngstown, OH, to get a quote on home insurance.