Attention Jewelry Lovers! Learn How to Safeguard Your Precious Gems from Theft!

Attention Jewelry Lovers! Learn How to Safeguard Your Precious Gems from Theft!

Posted on by Shield Insurance Agency

Shield Insurance Blog | Jewelry | Homeowners Insurance | Start A Quote Today!

Jewelry holds a special place in our hearts. Whether it’s a family heirloom passed down through generations or a stunning piece we bought to celebrate a milestone, our jewelry is more than just an accessory – it’s a reflection of our personal style and cherished memories. That’s why it’s crucial to protect these valuable possessions from theft. But what insurance covers your precious stones in case of theft? Let’s dive into the world of jewelry insurance and explore your coverage options.

Insurance policies are designed to provide financial protection in the event of unexpected events, and jewelry insurance is no exception. While your homeowners or renters insurance policy may offer some coverage for personal property, it’s important to understand the limitations when it comes to valuable items like jewelry.

Jewelry Coverage Options

Coverage options for jewelry insurance can vary depending on the insurance company and policy you choose. Some policies offer specific coverage for gems, while others may require you to add a rider or endorsement to your existing policy. It’s essential to review your policy and speak with your insurance agent to ensure you have the right coverage in place.

When it comes to protecting your baubles, there are a few key factors to consider. First, you’ll want to determine the value of your jewelry. This can be done through a professional appraisal or by providing receipts and documentation of purchase. Knowing the value of your jewelry will help you determine the appropriate coverage limits for your policy.

Next, you’ll want to consider the security measures you have in place to protect your jewelry. Insurance companies often require certain security measures, such as a home security system or a safe, to qualify for coverage. These measures not only provide added protection for your precious stones but can also help lower your insurance premiums.

It’s also important to understand the coverage limits and deductibles associated with your jewelry insurance policy. Coverage limits refer to the maximum amount the insurance company will pay in the event of a claim. Deductibles, on the other hand, are the out-of-pocket expenses you’ll need to pay before your insurance coverage kicks in. Understanding these terms will help you make informed decisions about your coverage and ensure you’re adequately protected.

Precious Stone Insurance Claim

When it comes to filing an insurance claim for theft, it’s crucial to have proper documentation in place. This includes photographs of your jewelry, appraisals, receipts, and any other relevant documentation. Keeping these records in a safe place, such as a safety deposit box or a digital cloud storage, will make the claims process smoother and more efficient.

Now that we’ve covered the basics of jewelry insurance, let’s talk about Shield Insurance Agency. With over 40 insurance companies represented, Shield Insurance Agency is your go-to resource for all your insurance needs. Whether you’re looking for homeowners insurance, renters insurance, or jewelry insurance, their team of experienced agents can help you find the right coverage at the best possible price.

To get started, simply contact Shield Insurance Agency at (616) 896-4600 for a free quote today. You can also visit their website and start the quoting process by clicking on the provided link. An agent will be in touch soon to discuss your insurance needs and provide personalized recommendations.

In conclusion, protecting your jewels from theft is essential, and having the right insurance coverage in place is crucial. By understanding your coverage options, reviewing your policy, and working with a trusted insurance agency like Shield Insurance Agency, you can have peace of mind knowing that your valuable possessions are protected. Don’t wait until it’s too late – take the necessary steps to safeguard your precious stones today.

More Blogs by Shield Insurance Agency

Read More
Cats Make Nearly 300 Different Facial Expressions to Communicate Feline Feelings

Feline Feelings: Cats Make Nearly 300 Different Facial Expressions

Posted on by Shield Insurance Agency

GoodNews Network | By Andy Corbley | Nov 7, 2023 | Feline Feelings | Pet Insurance | Shield Insurance Blogs

Cats sometimes get a bad rap as loners and antisocial furballs with cold, indifferent looks. But, unsurprisingly for a domesticated hunter, they are very socially active according to a new study that counted their facial expressions.

Feline Feelings and Facial Expressions

While recording video footage of the 53 residents of a Los Angeles cat cafe, researchers Lauren Scott and Brittany Florkiewicz concluded that cats possess at least as much variance in their facial expressions as dogs.

In particular, they found that cat facial expressions and their complexity were derived from “compositionality” rather than complexity, meaning that in order to dig what your cat is communicating, it pays to look at its ears, nose, and whiskers, not only its eyes and mouth.

Lauren and Florkiewicz discovered 276 expressions made up of a combination of 26 facial movements; dogs by comparison use 27 movements and humans use 44.

Each expression combined about four of these 26 unique facial movements, including parted lips, jaw drops, dilated or constricted pupils, blinks and half blinks, pulled lip corners, nose licks, protracted or retracted whiskers, and/or various ear positions.

Feline Feelings Are Sociable

Live Science, which spoke to the authors, details that the majority of the developed expressions were sociable ones—meant to communicate with another cat or a human in a cooperative and calm manner.

“It was surprising to see them play-fighting, and then things escalated into an aggressive encounter,” Florkiewicz told the outlet. “You can see a change in their facial expressions. At first one cat’s eyes were more relaxed and its ears and whiskers were pushed forward, a movement to get closer to the other cat. But then things got ugly, and it moved its ears and whiskers backward — its demeanor changed pretty quickly.”

One interesting finding was that it appeared domestic cats shared similar aspects of the “common play face” observed in other mammals like monkeys, humans, and dogs, characterized by the corners of the mouth drawn back and the jaw dropped like in a spritely laugh.

The authors hope that humane societies, shelters, and other locations that house multiple cats can use their research to better understand the deeper humors and sympathies of their feline residents.

Click here for the full story…

More Blogs by Shield Insurance Agency

Read More
Unlock the Secrets of Coinsurance and Protect Your Building Insurance

Unlock the Secrets of Coinsurance and Protect Your Building Insurance

Posted on by Shield Insurance Agency

Shield Insurance Agency Blog | Coinsurance | Business Insurance | Start A Quote Today!

When it comes to building insurance, there are many terms and concepts that can be confusing. One such term is coinsurance. If you’re not familiar with this term, don’t worry, you’re not alone. Many people are unsure of what coinsurance is and how it affects their building insurance. In this blog post, we will explain what it is and why it is important to understand it when it comes to your insurance protection.

Coinsurance is a term used in insurance policies to describe the percentage of the covered loss that the policyholder is responsible for paying. It is a way for insurance companies to share the risk with the policyholder. In simple terms, its the amount of money you agree to pay out of pocket for a covered loss, while the insurance company pays the remaining percentage.

So, how does coinsurance affect your building insurance? Let’s break it down.

Insurance Coverage Limits and Coinsurance

When you purchase building insurance, you will have a coverage limit. This is the maximum amount that the insurance company will pay for a covered loss. For example, if your building has a replacement cost of $500,000 and you have a coverage limit of $400,000, the insurance company will only pay up to $400,000 for a covered loss.

Now, here’s where it comes into play. If your building insurance policy has a coinsurance clause, you will be required to insure your building for a certain percentage of its replacement cost. This is typically 80% or 90%. If you fail to meet this requirement, you may be subject to a penalty.

The Penalty

The coinsurance penalty is a financial penalty that is applied when the policyholder fails to meet the requirement. The penalty is calculated based on the difference between the amount of insurance you carried and the amount you should have carried. This means that if you have a covered loss and you did not meet the coinsurance requirement, you may be responsible for a larger portion of the loss than you anticipated.

To avoid the coinsurance penalty, it is important to accurately assess the replacement cost of your building and insure it for the required percentage. This can be done by working with an insurance agent who can help you determine the appropriate coverage limits for your building.

Coinsurance Formula

To calculate the coinsurance penalty, you will need to use the coinsurance formula. The formula is as follows:

(Insurance carried / Insurance required) x Loss = Insurance Settlement

Let’s break it down with an example. Say you have a building with a replacement cost of $500,000 and a coinsurance requirement of 80%. You insure your building for $300,000. If you have a covered loss of $100,000, the coinsurance formula would look like this:

($300,000 / $400,000) x $100,000 = $75,000

In this example, you would be responsible for paying $75,000 out of pocket, while the insurance company would pay the remaining $25,000.

Understanding the formula and meeting the coinsurance requirement is crucial to ensure that you are adequately protected in the event of a covered loss.

Insurance Valuation and Building Replacement Cost

To accurately determine the replacement cost of your building, it is important to have an insurance valuation done. An insurance valuation is an assessment of the cost to replace your building in the event of a total loss. This includes the cost of materials, labor, and any other factors that may affect the cost of rebuilding.

Working with an insurance agent who specializes in building insurance can help ensure that your building is properly valued and insured. They can also help you understand the coinsurance requirement and how it affects your policy.

Contact Shield Insurance Agency for a Free Quote

If you’re in need of building insurance or have questions about coinsurance, contact Shield Insurance Agency. They represent over 40 insurance companies and can provide you with a free quote tailored to your specific needs. You can reach them at (616) 896-4600 or start the quoting process by visiting this LINK. An agent will be in touch soon to assist you.

In conclusion, coinsurance is an important concept to understand when it comes to building insurance. It affects the amount you are responsible for paying in the event of a covered loss and can have financial implications if not properly understood. By working with an insurance agent and accurately assessing the replacement cost of your building, you can ensure that you are adequately protected and avoid any potential penalties.

More Blog Articles by Shield Insurance Agency

Read More
14-Year-Old Innovator Wins Prestigious Science Award For Skin Cancer Soap

Teen’s Revolutionary Skin Cancer Soap Goes Viral – See the Amazing Results

Posted on by Shield Insurance Agency

SunnySkyz | October 26, 2023 | Skin Cancer | Health Insurance

An aspiring young scientist hailing from Annandale, Virginia, has secured the coveted title of “America’s Top Young Scientist” for his groundbreaking creation – a bar of soap designed to combat skin cancer.

Skin Cancer Treating Soap

At just 14 years old, Heman Bekele emerged as the victor of the 2023 3M Young Scientist Challenge, standing out among nine other finalists with his innovative creation known as the Skin Cancer Treating Soap (SCTS). In recognition of his exceptional achievement, this ninth-grade prodigy is set to receive a substantial cash award of $25,000.

Bekele’s revolutionary concept, presented through a concise two-minute video submission, centers on the development of a soap that is not only affordable, priced at less than $10 per bar, but also has the potential to reactivate dendritic cells – the body’s natural defenders of the skin – to combat skin cancer.

In Bekele’s own words, “Curing cancer, one bar of soap at a time.” His passion for biology and technology was the driving force behind this ingenious creation, and the 3M Young Scientist Challenge provided him with the perfect platform to showcase his visionary ideas.

Reflecting on his inspiration, Bekele shared that his childhood in Ethiopia played a significant role in shaping his innovative thinking. Having witnessed people toil tirelessly under the scorching sun, he couldn’t help but wonder how many were aware of the risks associated with prolonged sun exposure

“I wanted to make my idea not only scientifically exceptional but also accessible to a broad audience,” Bekele expressed during an interview with The Washington Post. To aid him in realizing his ambitious plans, he received invaluable mentorship from Deborah Isabelle, a product engineering specialist at 3M, who connected him with other scientists. Ultimately, the path forward for Bekele’s creation includes obtaining FDA approval.

During his presentation at the 3M global headquarters in Saint Paul, Minnesota, Bekele passionately articulated his vision of turning the soap into a “symbol of hope, accessibility, and a world where skin cancer treatment is within reach for all.”

Over the coming five years, Bekele aspires to perfect his invention and establish a nonprofit organization dedicated to distributing his innovative creation to underserved communities, offering hope and a practical solution in the fight against skin cancer.

Click here for the full story…

More Blogs by Shield Insurance Agency

Read More
Hail Damage and Homeowners Insurance: What You Need to Know to Stay Protected

Hail Damage and Homeowners Insurance: What You Need to Know to Stay Protected

Posted on by Shield Insurance Agency

Shield Insurance Blog | Hail Damage | Homeowners Insurance | Start A Quote Today!

When it comes to protecting your home, having the right homeowners insurance policy is crucial. Your home is likely one of your biggest investments, and you want to ensure that it is adequately protected in the event of any unforeseen circumstances. One such circumstance that can cause significant damage to your property is a hailstorm. But the question remains, is hail damage covered on your homeowner’s insurance policy?

Hail Damage Coverage

The answer to this question may vary depending on your specific insurance policy and coverage. However, in most cases, hail damage is indeed covered by homeowners insurance. This coverage typically falls under the category of weather damage or property damage. It is important to review your insurance policy carefully to understand the extent of coverage provided for hail damage.

Hailstorms can cause a wide range of damage to your home, including roof damage, broken windows, dented siding, and damaged outdoor structures. The cost of repairing or replacing these damaged areas can quickly add up, making it essential to have the right insurance coverage in place.

Hail Damage Claim

When filing an insurance claim for hail damage, it is important to document the extent of the damage thoroughly. Take photographs and videos of the affected areas, and make a detailed list of all damaged items. This documentation will help support your claim and ensure that you receive the appropriate compensation for repairs or replacements.

It is also worth noting that some insurance policies may have specific exclusions or limitations when it comes to hail damage coverage. For example, certain policies may only cover hail damage if it exceeds a certain size or if it causes significant structural damage. It is crucial to review your policy carefully and consult with your insurance agent to fully understand the coverage provided.

To ensure that you have the best possible coverage for hail damage, it is advisable to work with a reputable insurance agency. Shield Insurance Agency, for instance, represents over 40 insurance companies and can help you find the right policy to suit your needs. Their experienced agents can guide you through the process of selecting the appropriate coverage and answer any questions you may have.

If you are unsure about your current homeowner’s insurance policy or are considering purchasing a new one, it is always a good idea to reach out to an insurance agent for a free quote. Shield Insurance Agency offers this service and can provide you with a personalized quote tailored to your specific needs. You can contact them at (616) 896-4600 or start the quoting process by visiting their website and filling out a form. An agent will be in touch with you soon to discuss your options.

In conclusion, hail damage is typically covered by homeowners insurance policies. However, the extent of coverage may vary depending on your specific policy and its limitations. It is crucial to review your policy carefully and consult with an insurance agent to ensure that you have adequate coverage for hail damage. Shield Insurance Agency represents over 40 insurance companies and can help you find the right policy to protect your home. Contact them today for a free quote and start the process of securing the coverage you need.

More Blogs by Shield Insurance Agency

Read More
What Is the Difference Between Veterans Day and Memorial Day?

What Is the Difference Between Veterans Day and Memorial Day?

Posted on by Shield Insurance Agency

History.com | Veterans Day | Shield Insurance Agency Blog | Start A Quote Today!

History of Veterans Day

Although World War I formally ended with the signing of the Treaty of Versailles on June 28, 1919, it was the cessation of fighting between the Allied forces and Germany at 11 a.m. on November 11, 1918, that came to symbolize the end of the Great War.

President Woodrow Wilson subsequently proclaimed the first “Armistice Day” on November 11, 1919, an occasion to be commemorated with parades and the temporary suspension of businesses at 11 a.m. By that time, the governors of six states had already declared the day a legal holiday.

Congress formally recognized the annual November 11 observance in 1926, and in 1938, Armistice Day became a legal U.S. holiday, dedicated to the promise of world peace.

Toward the end of the following decade, however, public sentiment toward the celebration of peace was shifting toward a recognition of the sacrifices made by the 16-plus million Americans who had participated in World War II. According to the U.S. Department of Veterans Affairs, the first official “National Veterans Day” event took place in Birmingham, Alabama, in 1947.

The Uniform Holiday Bill of 1968 moved Veterans Day from November 11 to the fourth Monday in October. However, the change was met with resistance by traditionalists who considered the date to be inseparable from the rites of observance. Following congressional hearings to discuss the issue, President Gerald Ford in 1975 reinstated the holiday’s original date of November 11, effective 1978.

Famous Veterans Day Quotes

“To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations…” — Woodrow Wilson

“Veterans know better than anyone else the price of freedom, for they’ve suffered the scars of war. We can offer them no better tribute than to protect what they have won for us.” — Ronald Reagan

“The soldier above all others prays for peace, for it is the soldier who must suffer and bear the deepest wounds and scars of war.” — Douglas MacArthur

Veterans Day Traditions

Visit History.com for the full story…

More Blog Articles by Shield Insurance Agency

Read More
Unveiling the Hidden Power of Buy-Sell Agreement Life Insurance

Unveiling the Hidden Power of Buy-Sell Agreement Life Insurance!

Posted on by Shield Insurance Agency

Shield Insurance Blog | Buy-Sell Agreement Life Insurance | Start A Quote | Contact the Shield Office

Why is Buy-Sell Agreement Life Insurance Important?

Shield Insurance Agency offers TERM LIFE Insurance, ask us why we donn't recommend Whole or Universal Life Insurance

In the world of business, planning for the future is crucial. Whether you are a small business owner or part of a larger corporation, having a solid plan in place ensures that your business can continue to thrive even in the face of unexpected events. One important aspect of this planning is the buy-sell agreement, which is often accompanied by life insurance coverage. In this blog post, we will explore the importance of buy-sell agreement life insurance and how it can benefit your business.

Business Continuity and Ownership Transition

Business continuity is the ability of a company to continue its operations even after the death or departure of a key individual. This is especially important in the case of small businesses, where the loss of a business owner or partner can have a significant impact on the company’s ability to function. A buy-sell agreement, coupled with life insurance coverage, ensures that there is a plan in place to facilitate a smooth transition of ownership and maintain business continuity.

Business Planning and Succession Planning

Business planning involves creating a roadmap for the future of your company. It includes setting goals, identifying potential risks, and developing strategies to mitigate those risks. Succession planning, on the other hand, focuses specifically on the transition of ownership and leadership within the company. A buy-sell agreement with life insurance coverage is an essential component of both business planning and succession planning. It provides a clear plan for the transfer of ownership and ensures that the necessary funds are available to facilitate the buyout of a deceased or departing owner’s share.

Buy-Sell Agreement Life Insurance Benefits

A buy-sell agreement is a legally binding contract that outlines the terms and conditions for the transfer of ownership in the event of a triggering event, such as the death or departure of a business owner. It typically includes buyout provisions, which specify how the purchase price will be determined and how the funds will be obtained. Life insurance is often used to fund buy-sell agreements, as it provides the necessary liquidity to facilitate the buyout. This ensures that the remaining owners or partners can continue to operate the business without financial strain.

Financial Security and Estate Planning

Life insurance coverage within a buy-sell agreement provides financial security for both the business and the deceased owner’s family. In the event of the owner’s death, the life insurance proceeds can be used to fund the buyout, ensuring that the family receives fair compensation for their loved one’s share of the business. Additionally, the buy-sell agreement can help with estate planning by providing a clear plan for the distribution of assets and minimizing potential conflicts among family members or business partners.

Insurance Coverage and Risk Management

Life insurance coverage within a buy-sell agreement not only provides financial security but also serves as a risk management tool. It helps protect the business assets and ensures that the remaining owners or partners are not burdened with the financial responsibility of buying out the deceased owner’s share. By transferring the risk to an insurance company, the business can focus on its operations without worrying about the financial implications of a triggering event.

Tax Implications and Valuation of Business

A buy-sell agreement with life insurance coverage can also have significant tax implications. The proceeds from the life insurance policy are generally tax-free, providing a tax-efficient way to fund the buyout. Additionally, the buy-sell agreement can help establish a fair valuation of the business, ensuring that the buyout price is reasonable and avoiding potential disputes among owners or partners.

Partner and Shareholder Protection

A buy-sell agreement with life insurance coverage not only protects the business but also the individual owners or partners. It ensures that their interests are safeguarded and that they have a clear plan in place for the future. By outlining the terms and conditions for the transfer of ownership, the buy-sell agreement protects the rights of the remaining owners or partners and prevents unwanted individuals from becoming involved in the business.

Shield Insurance Agency and the Importance of Buy-Sell Agreement Life Insurance

Shield Insurance Agency represents over 40 insurance companies and can help you find the right life insurance coverage for your buy-sell agreement. With their expertise and knowledge, they can guide you through the process and ensure that your business is adequately protected. Contact Shield Insurance Agency at (616) 896-4600 for a free quote today or start the quoting process by visiting this LINK, and an agent will be in touch soon.

In conclusion, buy-sell agreement life insurance is crucial for ensuring business continuity, facilitating ownership transition, and protecting the interests of business owners and partners. It provides financial security, helps with estate planning, and minimizes potential conflicts. By working with an experienced insurance agency like Shield Insurance Agency, you can find the right coverage for your buy-sell agreement and have peace of mind knowing that your business is protected.

More Articles shared by SHield Insurance Agency

Read More
Homeowners Beware: Unveiling the Truth About Insurance Cancellations After Multiple Claims

Homeowners Beware: Unveiling the Truth About Insurance Cancellations After Multiple Claims

Posted on by Shield Insurance Agency

Shield Insurance Blog | Insurance Cancellations | Homeowners Insurance | Start A Quote

Homeowners insurance is a crucial aspect of protecting your most valuable asset – your home. It provides financial coverage in the event of damage or loss caused by various perils such as fire, theft, or natural disasters. However, many homeowners wonder if their insurance carrier can cancel their policy after filing multiple claims. In this blog post, we will explore the topic of homeowners insurance cancellation and shed light on the consequences of filing multiple claims.

Certain Circumstances lead to Insurance Cancellations

Insurance carriers have the right to cancel a homeowners insurance policy under certain circumstances. However, the decision to cancel a policy is not solely based on the number of claims filed. Insurance carriers consider various factors before making such a decision, including the claim history, claim frequency, and the nature of the claims.

While there is no specific rule stating that an insurance carrier can cancel a policy after three claims, it is essential to understand that frequent claims can raise red flags for insurance companies. Insurance carriers may view multiple claims as an indication of a higher risk associated with the insured property. This increased risk may prompt the carrier to reassess the policy and potentially cancel it.

Insurance Cancellations Based on Claims History

Insurance carriers typically review the claim history and frequency when considering policy cancellation. If a homeowner has a history of filing numerous claims within a short period, it may lead to the cancellation of their policy. However, it is important to note that each insurance carrier has its own guidelines and policies regarding claim limits and cancellations. Therefore, it is crucial to review your specific policy and consult with your insurance agent to understand the terms and conditions.

Insurance Cancellations for Perils

In some cases, insurance carriers may not cancel the policy entirely but instead choose to terminate coverage for specific perils. For example, if a homeowner has filed multiple claims related to water damage, the insurance carrier may decide to exclude coverage for water-related incidents in the future. This means that any future claims related to water damage will not be covered under the policy.

Insurance carriers may also deny coverage for certain claims if they believe the homeowner has violated the terms and conditions of the policy. For instance, if a homeowner fails to maintain the property adequately, resulting in damage, the insurance carrier may deny the claim and potentially cancel the policy.

It is important to understand the consequences of having your homeowner’s insurance policy canceled. Without insurance coverage, you will be responsible for any future damages or losses to your property. Additionally, having a canceled policy can make it challenging to obtain coverage from other insurance carriers in the future. Insurance companies may view a canceled policy as a red flag and consider you a higher risk, resulting in higher premiums or even denial of coverage.

To avoid the potential cancellation of your homeowner’s insurance policy, it is crucial to be mindful of your claim frequency and take steps to prevent unnecessary claims. Regular maintenance and upkeep of your property can help minimize the risk of damage and reduce the need for filing claims. Additionally, understanding your policy’s claim restrictions and exclusions can help you make informed decisions and avoid potential claim denials.

If you find yourself in a situation where your homeowner’s insurance carrier is considering canceling your policy, it is essential to know your rights. Insurance claim disputes can be complex, and it is advisable to seek legal advice if you believe your insurance carrier is acting unfairly. Understanding your rights and the claim settlement process can help you navigate through any potential disputes and ensure a fair resolution.

In conclusion, while there is no specific rule stating that an insurance carrier can cancel a homeowners insurance policy after three claims, frequent claims can raise concerns for insurance companies. Insurance carriers consider various factors before making a decision, including the claim history, claim frequency, and the nature of the claims. It is crucial to review your specific policy and consult with your insurance agent to understand the terms and conditions. Taking steps to prevent unnecessary claims and understanding your rights can help you avoid potential policy cancellations and ensure adequate coverage for your home.

Shield Insurance Agency represents over 40 insurance companies and can help you find the right homeowner’s insurance policy for your needs. Contact Shield Insurance Agency at (616) 896-4600 for a free quote today or start the quoting process by visiting this LINK, and an agent will be in touch soon.

More Blogs By Shield Insurance Agency

Read More
A rare 'ghost of the forest' deer has been spotted wandering the premises of a Tennessee property, with the homeowner.

Nature’s Hidden Gem: Rare Albino Deer Captivates Tennessee Yard!

Posted on by Shield Insurance Agency

The Mirror.com | By Alan Johnson | Albino Deer | Start An Insurance Quote Today! | More Blogs

Rarely-seen ‘ghost of the forest’ albino deer spotted in Tennessee yard

Spring Hill resident, Abbey Cabler, has described the moment she and her husband first caught sight of the animal in scenes she said were like ‘something from a Christmas movie’

A rare ‘ghost of the forest’ deer has been spotted wandering the premises of a Tennessee property, with the homeowner.

The Albino Deer

The albino mammal was first seen on Tuesday, October 24, by Abbey Cabler’s husband in their Spring Hill yard. Abbey, who later caught a glimpse of it herself in a sighting, described it as a “surreal kind of almost like mystical experience”. According to the Tennessee Wildlife Resources Agency (TWRA), experts believe albinism in deer is a phenomenon that occurs in approximately one in 20,000 to 30,000 animals.

Recalling her spouse’s experience with the deer, Abbey explained: “All of a sudden I hear my husband go, ‘Oh my gosh babe! Get out here now’, like kind of freaking out, kind of panicky, and I run out there and he goes, ‘There is a white deer. I swear.’ And we look out the window and sure enough there he is – just kind of like right on the other side of our porch, closer to the tree line just eating away on the bushes.”

The Albino Deer near the porch

Recalling her spouse’s experience with the deer, Abbey explained: “All of a sudden I hear my husband go, ‘Oh my gosh babe! Get out here now’, like kind of freaking out, kind of panicky, and I run out there and he goes, ‘There is a white deer. I swear.’ And we look out the window and sure enough there he is – just kind of like right on the other side of our porch, closer to the tree line just eating away on the bushes.”

Visit The Mirror for the full story…

More blogs by Shield Insurance Agency

Read More
The Ultimate Guide to Understanding Landlord Insurance vs. Homeowners Insurance

The Ultimate Guide to Understanding Landlord Insurance vs. Homeowners Insurance

Posted on by Shield Insurance Agency

Shield Insurance Blog | Landlord Insurance | Contact Us | Start A Quote

Are you a homeowner or a landlord? Do you know the difference between landlord insurance and homeowners insurance? If not, you’ve come to the right place! In this comprehensive guide, we will break down the key differences between these two types of insurance policies, helping you make an informed decision about which one is right for you. Whether you’re a homeowner looking to rent out your property or a landlord with multiple rental units, understanding the nuances of these insurance policies is crucial to protect your investment. Let’s dive in!

Homeowners Insurance

Homeowners insurance is a policy designed to protect individuals who own and live in their homes. It provides coverage for the structure of the house, personal belongings, and liability in case of accidents or injuries on the property. This type of insurance is essential for homeowners as it safeguards their investment and provides financial security in case of unforeseen events such as fire, theft, or natural disasters.

Landlord Insurance

Landlord insurance, on the other hand, is specifically tailored for property owners who rent out their homes or apartments. This insurance policy offers coverage for the structure of the building, liability protection, and loss of rental income. Unlike homeowners insurance, landlord insurance also covers damages caused by tenants, such as vandalism or theft. It is crucial for landlords to have this type of insurance to protect their property and rental income.

Key Differences

Now that we understand the basics of homeowners and landlord insurance, let’s explore the key differences between the two:

  • Coverage: Homeowners insurance primarily focuses on protecting the homeowner’s personal property and liability, while landlord insurance extends coverage to the structure of the building and potential rental income loss.
  • Liability: Homeowner insurance covers accidents or injuries that occur on the homeowner’s property, while landlord insurance includes liability protection for both the property owner and the tenants.
  • Tenant-related Damages: Landlord insurance covers damages caused by tenants, such as vandalism or theft, which are not typically covered by homeowners insurance.
  • Loss of Rental Income: Landlord insurance provides coverage for loss of rental income due to property damage, making it an essential safeguard for landlords who rely on rental income.
  • Choosing the Right Insurance

When deciding between landlord insurance and homeowners insurance, there are a few factors to consider:

  • Property Usage: If you plan to rent out your property, landlord insurance is a must. However, if you live in your home and do not rent it out, homeowners insurance is sufficient.
  • Rental Income: If you rely on rental income to cover mortgage payments or other expenses, landlord insurance is crucial to protect your financial stability.
  • Additional Coverage: If you have valuable personal belongings or unique risks associated with your property, consider homeowners insurance with additional coverage options.

Understanding the differences between landlord insurance and homeowners insurance is vital for homeowners and landlords alike. While homeowners insurance protects your personal property and liability, landlord insurance provides comprehensive coverage for rental properties, including structure, liability, and loss of rental income. By choosing the right insurance policy, you can safeguard your investment and ensure financial security. Remember to assess your property usage, rental income, and additional coverage needs when making this decision. Now that you’re armed with this knowledge, you can confidently protect your property and make informed choices about insurance coverage.

Shield Insurance Agency represents over 40 insurance companies. Contact Shield Insurance Agency at (616) 896-4600 for a free quote today or start the quoting process by visiting this LINK and an agent will be in touch soon.

More Blogs by Shield Insurance Agency

Read More