TMIB Blog

DUI for Driving While High

no marijuana signOn January 1st, Colorado became the first state to allow the legal sale and use of recreational marijuana. Washington is expected to follow suit in the next few months. While marijuana use is not legal in California, it has been somewhat decriminalized however being caught with even a small amount can still carry fines. Additionally, thousands of Californians are able to purchase and smoke marijuana legally for medical purposes.

 As marijuana becomes increasingly legal and easy to acquire, it is important to remember that a DUI for driving while high is treated the same by insurance companies as a DUI for driving while inebriated.  

 Unfortunately, due to the varying legality of marijuana across the US, each state has different laws and methods for measuring THC (the active ingredient in marijuana) in a driver’s system. In California, an individual can be charged with a DUI if the state can prove that marijuana impaired their driving skills. In order to help the state’s case, California has just introduced a new method for testing individuals for the presence of illegal drugs. The Los Angeles Police Department plans to begin administering oral swabs that test for a variety of drugs, including marijuana. These will help the police determine if an individual was impaired by marijuana.

 It is important to remember that, from an insurance standpoint, a DUI is a DUI. It does not matter if you are a medical marijuana user, a recreational user or had too much to drink.    If you receive a DUI for driving under the influence you can expect much higher premiums from your insurance company.

 If you have any questions, please don’t hesitate to call us at 310-828-9662.

Did YOU Know?

did you know color arrows websiteWhat is “Loss of Use” and “Additional Living Expenses” on my Homeowner’s Insurance policy?

 While we might not experience nature’s fury as frequently as other parts of the country, Southern California does occasionally have to contend with some pretty hellacious natural disasters. From wildfires to mudslides to earthquakes, crises can be unpredictable, forcing you to flee your home and seek shelter for an unknown period of time.

 How will you pay for a hotel room if you are evacuated? How will you afford a rental dwelling if your home is damaged during the disaster?

 This is where “Loss of Use” or “Additional Living Expenses” (ALE) comes into play. This provision in your homeowner’s insurance policy can help you cope with the cost of living away from your home after a disaster or accident. This coverage typically pays for “extra” expenses incurred as a result of a covered insurance claim.  Importantly, ALE only covers reasonable expenses that help you maintain your current standard of living.

 Insurance policies vary greatly.  There can be a set dollar amount with a set amount of time for this coverage or an unlimited amount and/or unlimited timeframe for coverage.

 Most earthquake policies include loss of use and typically have very specific limits available. In some cases you can decide how much coverage you want (up to a certain limit).

 Most homeowner’s insurance policies include some amount of Loss of Use or ALE, but determining the proper amount can be tricky.  Speak to your knowledgeable broker at Tegner-Miller Insurance Brokers. We can help you pick the right home insurance policy for your needs.  Please call us at (310) 828-9662.

What is extended Replacement Cost coverage and what are my options?

home ins with red checkIf you have a good comprehensive homeowner’s policy, you might think that you are completely covered in case of a catastrophic loss. But did you know that under many policies you may still be responsible for a large portion of the bill after your home is destroyed. In fact, there are four different replacement cost options that your homeowner’s insurance policy might offer. Below, we define each of these types of coverage and tell you why you should select Guaranteed Replacement Coverage or if this is not available, Extended Replacement Coverage for homeowner insurance.

  •  Guaranteed Replacement Coverage: This is the most comprehensive homeowner’s insurance coverage. If your home is heavily damaged or destroyed, your insurance will pay for the entire cost of repairing and/or rebuilding no matter what your insurance limit. Unfortunately, this type of coverage is no longer readily available.  You will likely have to settle for one of the three types below instead.
  • Replacement Coverage: This coverage will pay for the cost of rebuilding your home up to the policy amount. For example, if you have a policy with $200,000 of coverage and your home is totally destroyed, your insurance will pay up to $200,000 in repairs for a covered loss.
  • Extended Replacement Coverage: This type of coverage is the most comprehensive of the widely available plans. Extended replacement coverage will cover repairs up to the policy amount, but will, depending on the replacement percentage you select, cover an additional 25% – 200% of the policy amount for a covered claim. This additional coverage can pick up some of the extra cost if your repairs exceed your policy coverage amount.
  • Actual Cash Value Replacement Coverage: This type of coverage will pay for the actual original cash value of the damaged portions of your home.  This type of coverage will generally not cover the entire current cost of fixing your home.  This is not recommended and is typically only offered when buildings are very old and are not well taken care of or updated.

 Please call your knowledgeable broker at TMIB who can help you determine what coverage you currently have and assist you with obtaining broader coverage if necessary.  We can be reached at 310-828-9662.

 

Four Reasons Why It’s Better to Buy Your Insurance Through an independent Broker

Hand ShakingThese days, you have a choice to purchase insurance from a broker or directly from an insurance company. While it might seem intuitive to cut out the middleman and shop directly from the insurer, you may receive significantly better coverage and options when buying your insurance through a local broker. Below, we have listed four ways that buying your insurance through a broker will provide service and better deals.

More Options – Independent brokers represent many insurance companies and are not tied to one specific insurance company and its products.

  • Better Savings– While you might think that cutting out the middleman will reduce your insurance costs, having a licensed insurance broker will often significantly reduce your overall costs. When you purchase your insurance directly from the insurance company, you only have one choice for your policy(ies). Brokers like Tegner-Miller Insurance Brokers can sift through the many types of policies available from different insurance companies and find a plan that fits your needs.
  • Knowledge– Many people who purchase insurance directly from the insurance companies do so without the help of a broker. Unfortunately, most people do not have the specialized knowledge to sort through the plethora of policies, endorsements and risks involved in insurance choices. TMIB’s licensed professionals can help you select a policy that is appropriate for your needs.
  • Personalized, local knowledge- Tegner-Miller Insurance Brokers has been serving the Los Angeles area since 1902.  Although we have grown considerably over the last century, we continue to be your ‘neighborhood broker’ and are on a first-name basis with many of our clients.  We even make ‘house calls’!

We look forward to speaking with you soon and assisting you with your insurance needs.   Please call us at 310-828-9662.

“M”ovember – Male Cancer Awareness Month

thinkingYes, yes…. We know what you’re thinking. “Movember was last month!” We understand that.

 But we also understand the importance of keeping causes at the forefront of our minds year-a-round. We’ve all had family or friends that have been effected in some way by health issues that we don’t have the solution for or take time, energy and support to overcome.

This is a reminder to wear those stache’s proud!

 TMIB!

Happy Thanksgiving

TMIB wishes you a Happy Thanksgiving!

pumpkin happy thanksgiving website

Loaded Mashed Potato Recipe

Loaded Mash Potato RecipeThis year we thought it would be fun to ask our staff to share their favorite Thanksgiving side dish or dessert with the office and participate in a contest to determine the tastiest dish.   

 There were multiple entries and each of the dishes was tasted by the staff.  (Yum!! We had LOTS of volunteer judges sampling each dish), we had 2 winning recipes this year. 

 The winners were Loaded Mashed Potatoes by Claudia in our personal insurance department, the recipe is below, and Sweet Potato Pie made by Tana in our benefits department – this recipe can be found at our Restaurant and Bar insurance website: www.barrestaurantinsurance.com.

 Please try out our favorites and be sure to let us know what you think.

 TMIB wishes you and your family a safe and healthy Thanksgiving!

 Loaded Mashed Potatoes

  •  3 lbs. of Russet potatoes (about 10)
  • 6 oz. of shredded cheddar cheese
  • 8 TBSP. of unsalted butter
  • 1 bunch raw green onions-chopped (green part only)
  • 16 oz pack bacon- cooked and broken into small pieces
  • 1 cup of Half & Half
  • Salt
  • Pepper

Peel potatoes and cut each into quarters

In a large pot, rinse and bring them to a boil until soft.

Drain potatoes (do not rinse) and return to pot.

Mash potatoes and mix in butter until melted

Gradually add half & half, salt and pepper (to taste) until potatoes are smooth and fluffy.

Mix in bacon, onions and cheese

Preparing for Winter and Fall

fall tree websiteWith the first day of winter just around the corner, you are likely already planning your holiday season. Whether you are mulling your holiday travel options, or possibly even beginning your Christmas shopping, the responsibilities of fall and winter are already creeping up on you. However, with the rush of the holidays, you might not be preparing your home for fall and winter. To help you out, Tegner-Miller Insurance Brokers has compiled the following checklist to ensure that your home is ready for fall and winter:

 Clean and repair rain gutters: Even in Southern California, certain trees (like the California sycamore) will shed a majority of their leaves during the fall and winter seasons. These leaves, along with pine needles and other detritus, can clog up your rain gutters, leading to drainage problems during the winter rainy season. Be sure to inspect your gutters throughout the fall and clean out any potential blockages.

  • In the same note, have you ever wondered what to do with all of those leaves? Large piles of leaves can be a fire hazard in your backyard. One option is to mow over your leaves, shredding them into small pieces. These small pieces can then be used as mulch to nourish your yard during the winter season.
  • Clean your fireplace/chimney: Sweep out your fireplace before the season starts to reduce the risk of fire spilling out of your hearth. If you haven’t had the chimney inspected recently, bring in a professional chimney sweep to clean the flue and prevent fire and smoke damage.
  • Save energy! In some parts of LA County, temperatures can dip into the low 40s and high 30s at night, necessitating heating. Heating can be expensive, so be sure to spend the extra time to reduce your heating bills. Cold air can seep into your home through cracks in windows and doorframes. Inspect all of your windows and doors and seal up any cracks with caulk if necessary.

 If you have any questions or need assistance, please call us at 310-828-9662.

Did YOU know: Other Structures Coverage

did you know color arrows websiteImagine that you just purchased your home insurance policy then, disaster strikes. Your property is destroyed, but you are totally covered, right?  Maybe not…..

 Unfortunately, many people who have purchased homeowners’ insurance do not fully understand the scope of the coverage they have purchased. Particularly perplexing for many people is how homeowners’ insurance policies address buildings on the property that are not physically attached to the home.

 If a building or fixture on the property does not share a foundation, roof or wall with the dwelling, it is not covered under the dwelling portion of a typical home insurance policy.  The “dwelling” is the actual home and any structure physically attached to it.

 This is where Other Structures coverage comes into play. This type of coverage is incorporated into most Homeowners’ policies and helps cover the cost of damage to other structures on the property. “Other Structures” may include buildings such as tool sheds and detached garages, as well as fixtures such as fences, sidewalks and patios. While this coverage is included in most Homeowners’ policies and might seem straightforward, you might need to adjust your coverage based on the value and function of the additional structures on your property.

 Below are a few conditions that Tegner-Miller Insurance Brokers suggests you consider when evaluating your Other Structures coverage.

  •  The typical amount of Other Structures coverage included in a homeowners’ policy is 10% of the dwelling limit. For example, if your home is insured for $400,000, the policy will typically include $40,000 of Other Structures coverage. This limit may or may not be sufficient to protect your property.  If you have a detached garage or tool shed, the 10% limit might not adequately cover your losses and you may need to purchase additional coverage for these buildings.
  • Do you have a guest house or rental property on your property?  If you do, you should speak to your Tegner-Miller broker for additional assistance so you can determine if you are properly protected.  
  • Do TMIB and the insurance company know about your other structures?  If you have recently added a patio, tool shed, garage or other structure on your property, you will need to let us know right away

As always, be sure to speak with your broker at TMIB to get more information on this type of coverage and understand how it applies to your needs.  Please call us at 310-828-9662 if you have any questions.

Daylight Savings

Daylight Savings TMIBTegner-Miller Insurance Brokers would like to remind you that November 3rd marks the end of daylight savings time for 2013, meaning the start of longer evenings and darker afternoons until March. Daylight savings officially ends at 2:00 am on November 3rd, so be sure to turn your clocks back one hour before going to bed on Saturday, November 2nd.

 While turning your clocks back, you should also consider checking your smoke detectors and fire alarms. No, these alarms don’t have anything to do with daylight savings however, because smoke detectors and fire alarms should be checked twice a year, the beginning and end of daylight savings can serve as helpful reminders to check batteries and replace broken machines.

 Below are a few ways you can ensure that your fire alarms and smoke detectors are in good working order: 

  • Replace the batteries in your smoke detectors at least twice a year. Changing the batteries in conjunction with the beginning and end of daylight savings time can make it easier to remember to do this regularly.
  • Make sure you have enough smoke detectors. You should have a smoke detector in every bedroom and at least one on each floor. You should also place smoke detectors in your kitchen and in hallways.
  • Test your smoke detectors monthly and immediately replace the batteries or unit if it is not working.

 If you have any questions, please feel free to call us at 310-828-9662.

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