Special Form

Posted on August 5, 2018April 23, 2019 by Brad Smith

TruePoint Insurance we are insuring Kentucky dot com Key Insurance Words and Phrases

August 4, 2018

Special Form (Homeowners Insurance Covered Causes of Loss: Special Form)

The Special Form is the most comprehensive of the three ISO (International Organization for Standardization) forms used by the insurance industry. The forms are used to define which perils or causes of loss are covered. Unlike the Basic and Broad Form, the Special Form does not specify the covered causes of loss. This form actually covers all causes of loss unless they have been specifically excluded. Generally, the Special Form excludes coverages for the following perils:

Earthquake
Flood
Neglect
Ordinance of Law
Power Failure
Intentional Acts,
War
Nuclear Hazard

Insurance Companies Working Behind the Scenes Making the World a Safer Place

Posted on August 3, 2018 by Brad Smith

The Greatest Tragedy of our Generation

I’ve heard that tragedy defines us. I disagree with that; it is how we as a group rise and address adversity that defines us. An excellent example is my grandfather’s generation. They’ve been referred to as the Greatest Generation, a fitting accolade to the group that defended our freedom and won WW II.

What is the great tragedy of our generation? Is it global warming? It could be the rise of terrorism! While I can’t answer the question, I do know that school shootings and other active shooter related incidents have to be somewhere in the mix.

Tragedy is often the precursor of innovation. It certainly was during WW II. It also drives changes and the creation of new products in the insurance industry. The insurance sector exists because individuals, businesses and other entities have a need to transfer risks to another party. Increasing active shooter incidents in recent years and the corresponding legal actions have created demand for products that can provide financial protection.

The insurance industry is actively working to develop products that will protect businesses, schools and other government entities from gaps in current insurance policies. Professional liability policies were not designed to protect against active shooter risk or anything similar to that.

So what can be done and how do we do it? Products have been created and will continue to improve that will offer financial protection to entities that have been accused of failing to adequately prepare. But there is more.

Insurance companies seldom get the respect that they deserve; however, behind the scenes they are making a difference. The insurance industry is much more than a financial risk transfer vehicle, insurance companies are the leaders in making our world a safer place to leave. While most of us will never understand the significance, the insurance industry will lead America’s efforts as we deal with the risk of loss of life, mental trauma, and financial loss associated with active shooter incidents.

How? Who understands risk as well as the insurance industry? The better we understand risk exposures, the better we can prepare. The insurance No! Stop!! Now!!! industry will over time and after numerous assessments develop standards that when deployed will ward off many would be active shooters. They work for insurance companies will also work to reduce the after effects and of course provide financial relief.

The insurance industry is working to make our world safer. If you are interested in learning more about the insurance industries role in managing active shooter risk you are more than welcome to contact us:

by phone (502) 410-5089

by email: info@truepointgroup.com

TruePoint Insurance Opens Lawrenceburg. KY Office

Posted on July 23, 2018July 16, 2018 by Brad Smith

Meet Your TruePoint Customer Service Team

Posted on June 11, 2018July 16, 2018 by Brad Smith

http://www.insuringky.com

Welcome to

Thank you for choosing us for your insurance needs! It is our commitment to provide our clients with quality insurance products at a great price, and we are so pleased to have you as a new customer! As you may have already discovered, we offer real-time quotes on our website, payments over the phone, and E-signature options for most documents. Did you know you can also print ID Cards directly from our website? Of course, we always enjoy meeting and seeing our customers face to face! However, we understand your time is valuable, so we offer electronic options, as well as two office locations in order to accommodate your schedule. We have expanded our service team, as well, and look forward to helping you protect what is valuable to you!

OUR SERVICE TEAM:

Fisherville, KY Insurance Insurance Lawrenceburg, KY TruePoint Insurance

6287 Taylorsville Rd. 1085 Eagle Lake Drive

Fisherville, KY 40023 Lawrenceburg, KY 40342

CSR TruePoint Insurance, Fisherville PHONE: (502)410-5089 Insurance Lawrenceburg KY, Home Auto Business

Jordan Milburn, ext. 105 Jessica Coleman, ext. 120

Licensed Service Specialist Director of Client Services

CLIENT LIAISON ACCOUNT EXECUTIVE

jordan.milburn@truepointgroup.com jessica.coleman@truepointgroup.com

Jordan will likely be your first point of contact when you call. She is a licensed P&C Agent, and her primary responsibility is to ensure your satisfaction. From providing proof of insurance, taking payments, and processing policy changes to quoting/issuing new policies, she can often handle your requests quickly and efficiently (or direct you to the most effective resource available).

Jessica will be in the Lawrenceburg office from 8:30-4:30, M-F. She will coordinate with Jordan to ensure our agency is meeting the needs of our clients. As the Director of Client Services, she will be happy to review your policy at each renewal, and make sure you are receiving all of the discounts and coverage options available to you. You can call or email her to schedule your personal policy review. Also, if things change in your life (and they usually do), don’t forget to call and tell us! We want to keep you covered correctly! And if the worst should happen, and you need to file a claim, Jessica will gladly help you through the filing process for the quickest resolution possible.

They are both committed to giving you amazing service, and looking forward to working with you.

Please let us know if you have any questions about your new policy, or if you would like for us to quote another type of insurance for you. We appreciate your business!

Sincerely,

Brad and Kristen Smith

P.S. If you are happy with your service, Like, Share, or Leave a Review! We’d love to hear your thoughts!

TruePoint is proud to be a part of the following organizations

Posted on May 29, 2018June 6, 2018 by Brad Smith

Do I Need Flood Insurance?

Posted on April 23, 2018April 24, 2019 by admin

flood insurance, KY flood insurance. buy flood insurance, FEMA national flood insurance programs. do i need flood insruance Flood insurance isn’t usually a standard part of a homeowners or renters insurance policy. While not everyone needs to buy a separate FEMA flood insurance policy; however, the worst thing you can do is wait for a rainy day before you find out if you need it.

TruePoint Insurance provides flood insurance to many in Central Kentucky. Covering much of the area between Louisville and Lexington. Some people are more prone to a flood than others and only some must have it.

We’ve heard many times in the past, “I don’t need flood insurance, I already have a homeowner’s insurance policy. Our response is always the same!

At other times we have been asked, “Does my homeowner’s policy provide flood insurance?” homer's insurance doesn't cover flood, flood insurance is a separate policy, call 502-410-5089 to learn about the National Food Insurance Program

We quickly respond, “No!”

“How can you tell without looking at my policy?”

“Because flood insurance requires a separate policy.” “Always!”

1. High-Risk Areas

If you live in a high-risk area for flooding, you want to purchase a flood

learn how the FEMA National Flood Insurance Program can help me — FEMA National Flood Insurance Program

insurance policy to protect your assets. You also want to if you’re at moderate risk for flooding. It’s important to discuss your risk with the insurance company, so you can determine exactly what risk you have for flooding.

2. Could be Required

Those who live in an area at a high risk for flooding may be required by the lender to have flood insurance. You should contact your lender to determine what type of coverage you need in addition to a standard homeowners insurance policy. Keep in mind, you could experience legal troubles in addition to financial ones if you’re caught without flood insurance.

3. Flooding in the Past

Flood Zone, Flood Zone C, Flood Zone A, Flood Zone X, Flood Insurance. Kentucky Flood insurance Even if you don’t live in an area prone to floods, if you’ve had flooding in the past, you don’t want to take any chances. It’s beneficial to have flood insurance just in case it should happen again in the future.

4. Whether You Rent or Own

It doesn’t matter whether you rent or own. You can obtain flood insurance, no matter what. The coverage is a bit different when you rent, so make sure you read the details of your policy to ensure you have all the coverage you need in the event of a flood.

Learn more about FEMA’s National Flood Insurance Program

To get a quote for flood insurance from TruePoint Insurance, call or visit either of our Kentucky offices: 1085 Eagle Lake Drive in Lawrenceburg or 6287 Taylorsville Rd in Fisherville. Or call (502) 410-5089.

Insuring Unmanned Aircraft (Drones) Part 3 of 3

Posted on April 16, 2018 by Brad Smith

Hoovering Drone

In part 1 and 2, we discussed the expanding risk and challenges represented by Unmanned Aerial vehicles (UAVs). This part provides some guidance regarding the use of drones.

As mentioned in part 1, UAVs are classified as aircraft. Therefore, the final authority in the United States on the commercial and recreational use of UAVs is the Federal Aviation Administration (FAA). Yes, the regulator that oversees all manner of commercial and private aircraft is also responsible for UAVs.

While much progress is being made, the FAA is still scrambling to determine adequate rules for the widening use of UAVs. This is quite difficult because it is attempting to evaluate the scope of challenges UAVs represent at the same time that businesses and individuals are exponentially inventing different ways for using them.

A primary concern of the FAA is with the possibility of UAVs interfering with the operation of airplanes. The earliest actions revolved around protecting flight crews and passengers from dangerous invasion of airspace by UAVs. Another concern has been the potential use of UAVs in terrorist acts, so initial actions were to secure the airspace around airports and large public spaces.

Drone Mapping

It will take a while to develop suitable rules concerning the commercial use of UAVs. In the meantime, businesses are required to secure an exemption under Section 333 of the FAA rules and regulations in order to legally operate UAVs. The exemption includes nearly three dozen conditions and limitations on the use of UAVs for business purposes. Failure to secure an exemption and then to adhere to the limitations can result in fines, loss of the exemption and even criminal penalties. Business use of UAVs will eventually involve far more regulation, particularly the need to secure special flight (pilot) certification.

The exemptions, which are already difficult to administer for commercial UAV use, would be impossible and impractical for overseeing recreational use by individuals. In December 2015, the FAA will require all UAV owners to register the aircraft and, after 12/21/2015, newly acquired UAVs must be registered BEFORE being flown outdoors. The registration will result in the generation of a unique ID number which must be marked on the applicable UAV.

Hobby and recreational UAV operators must follow other rules of operation such as the following:

UAV operators aged 13 and older must register the aircraft with the FAA
Don’t fly above 400ft
Don’t fly within 3 miles of an airport/landing strip
Keep you craft within line of sight
No night flying
Don’t fly in areas with flight restrictions (stay away from all airports and large public places such as stadiums, etc.).
Fly safely (not near pedestrians, wildlife, buildings/property, etc.

Registrations must be renewed within three years of initial registration as well as with any newly acquired UAVs. Individual owners should make sure that they keep up to date with regulations as they are developed.

For additional information related to TruePoint’s insurance options:

http://insuringky.com

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Getting the Right Type of Life Insurance for Your Family

Posted on March 30, 2018May 8, 2019 by admin

Life insurance comes in many forms, term life insurance, whole life insurance and universal life insurance — Life Insurance

No one likes to think about death, but it’s necessary sometimes. Because of this, it’s important to make sure you have the right type of life insurance for you and your family. Heaven forbid if you died an untimely death and left behind various expenses on your family. Not only will they be suffering emotionally from losing you, they will also be suffering financially.

To make sure your family will not have to go through such atrocities, it will behoove you to get life insurance. There are many types of life insurance

The Life Insurance application is the beginning of your process to a life insurance policy — Life insurance application

available; Term Life Insurance, Whole Life Insurance, and Universal Life Insurance lead the way. This makes it vital to consult with some reliable and experienced. Finding an insurance agent to lead you in the right direction is the first step.

If you live in Central Kentucky or the surrounding areas, there is an insurance company that has highly professional and experienced agents. These agents work to help you manage all risk. Don’t underestimate the value of having assistance from someone with insights into other aspects. When considering life insurance those providing guidance must understand your complete risk profile.

Life insurance policy

TruePoint Insurance can lead you in the right direction by giving you free quotes, consulting with you on the various types of life insurance available, point out all that is covered, and show the amounts covered with these different life insurance choices. That way, you can properly choose the right one that’s suitable for you and your loved ones. You will never be caught off guard when working with us making sure expenses and financial security are covered if death occurs.

Conclusion

Death is sure to happen to us all, and no one can predict his/her time of death. However, if you live in Kentucky, whether it’s Fisherville, KY or other areas in this state, you can ensure your loved ones are not going through financial perils if and when death occur when working with our insurance agents. We are fully trained, licensed, and experienced insurance agents who know the ins and outs of life insurance, and we work hard for our clients. So, contact TruePoint Insurance today!

9 Ways to Prepare Your Boat for Winter Storage

Posted on December 29, 2017December 29, 2017 by admin

Living in Fisherville, KY puts some of the most beautiful parts of the country right in your backyard. With winter starting, boat owners need to plan a storage strategy for their watercraft. Proper boat storage prolongs the life of your investment, it keeps it safe from damage and theft and ensures that it’s ready when you need it. Use these tips to make sure your watercraft is wrapped up tight before the winter weather stays.

Clean Everything

Empty and sanitize coolers and cooking equipment. Dry thoroughly before wrapping in plastic.
Sweep and mop floors, ceilings, windows, and walls. Use a wet-dry vacuum to remove all traces of moisture.
Remove rugs, curtains, and other fabric accessories. Take them to the cleaners or run them through the washer. Wrap in plastic for storage.
Go through all cabinets and cubbies. Remove anything that could spoil, leak, or cause a fire hazard.

Mechanical Matters

Flush the cooling system with water to remove dirt. Drain all water from the engine.
Empty the fuel tanks to prevent damage-causing condensation.
Use an aerosol cleaner to remove gunk and corrosion from the fuel system and other engine parts.
Change the oil and top off other fluids.
If you can, remove the starting batteries. Store them in a dry, warm place. Cold weather drains battery power and makes them unreliable even after charging.

Don’t forget to call your insurance company. Most boat insurance policies allow you to suspend coverage when your boat is laid up for the winter.

Need to know more about boat insurance? TruePoint Insurance serves the Fisherville, KY area with policies for all of your important possessions. Contact the agents at TruePoint Insurance to learn more about protecting your motorized toys.

Insuring Kentucky Restaurants

Posted on December 27, 2017May 16, 2019 by Brad Smith

Restaurants without insurance don't stay in business long. Call TruePoint and speak with a Kentucky restaurant insurance specialist. — Great Home Cooking, Bad Home Cooking, Little Middle Ground The same can be true with commercial insurance agents.

Factors Influencing Premiums

Obtaining insurance for a restaurant is fairly simple. However, finding the correct coverages at a reasonable price may be a bit more difficult. Different cuisines, Franchises versus Mom and Pop, and the processes utilized for cooking are just a few of the factors that may influence a restaurants premium. Other factors can have a more dramatic impact on premiums. Alcohol sales, entertainment (such as live music or karaoke) and dance floors may make it harder to find coverage, which by default will push the cost of coverage higher.

Restaurant Safety

Don't forget liquor liability coverage. If you have a bar or serve alcohol of any kind this coverage is essential. — Don’t forget liquor liability coverage

Cooking areas are required to have automatic fire extinguishing devices. Hoods and filters must be in place if grills and deep fat fryers are used. Additional requirements will be fuel shut-offs, hand-held fire extinguishers, as well as receipts providing proof that inspections and hood cleaning are being performed as required.

Restaurant Safety Starts in the Kitchen

Minimum Coverages

At a minimum, the following factors must be considered before purchasing a commercial insurance policy for a restaurant:

Property Coverage-building, equipment, and inventories
Autos
- All vehicles owned by the businesses
- Employee vehicles should be covered by a hired and non-owned vehicle policy if they are used in business activities (even it’s occasional)
- It is important that you make your agent aware of any vehicle, owned or non-owned, that is used for delivery
Business Income –In the event, your business is temporarily shut down due to a covered cause of loss, restaurants with business income coverage can access their insurance policy for loss of income.
Workers Comp Coverage-Is mandated and enforced by each state
If you server alcohol, your restaurant will need Liquor Liability Insurance.

This quick summary of restaurant insurance is not meant to be inclusive, nor is it a one size fits all. Each restaurant is unique and insurance requirements vary. If you would like additional information regarding a restaurant in Kentucky Tennessee or Indiana, contact a TruePoint Insurance Restaurant Specialist at info@truepointgroup.com or visit our website at www.insuringky.com

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