photo credit: Bah Humbug

During wedding/engagement season several guys spend thousands of dollars then get down on one knee to express there love, commitment, etc. Now that I’ve shown my sensitive side, lets discuss how these engagement and wedding rings can be covered.

You can add specific jewelry insurance coverage on your homeowner’s or renter’s insurance policy. This is done based on a scheduled personal property basis. It usually covers all sorts of perils in the event that something happens to your ring. (theft, mysterious disappearance, etc.)

photo credit: Robert S. Donovan

The key word here is understanding.  You are out there  making healthcare decisions for yourself, your family, or your employees without understanding all the options.  This may be causing you to unknowingly  be contributing to the growing cost of healthcare.  The more significant contributor is that “not understanding” isn’t the consumer’s fault because they are simply basing decisions on the advice of a “professional” more often than not.

(And by “professional” I mean the agents, brokers, and insurance company reps who receive commissions/compensation based on the overall cost of coverage… in other words; yes, the more you pay for health insurance, the more me and my industry peers “the professionals” get paid)  

If you’re wondering why I seem to be throwing myself and all my peers under the bus, it’s simple…  The current system is jacked-up; there are nearly 50 million Americans who have no health insurance coverage. The professionals with the knowledge to help have no incentive to understand and/or provide lower cost alternatives, and they do exist.   There are insurance professionals out there I regularly speak with that show a blatant ignorance to key solutions.  The reason I am calling my profession out is because I am finally frustrated enough to do something about it.

I got out of the insurance business for about a year and have recently found my way back with a renewed sense of purpose.  This time around it’s no longer about right or wrong, left or right, or choosing this broker over that broker; it’s about providing a resource where none exists… it’s about educating the decision makers… It is about providing the information you need when you need it…  It’s about individuals and business owners having access to unbiased information as they choose the best options for their employees and families.

As I said in my previous blog post (The Intro), the single most important factor in finding a solution to the current healthcare system is individual consumer.  But not just any individual consumer; the ones who are actually fed up enough to do something about it!

What do I mean by fed up?  Lets put it this way: if you realized that you paid $3000 more than you should have last year for health insurance expenses then “fed up” is putting it lightly.  Check out this client scenario below and you’ll see what I mean…

Example Scenario:  A Family of 4 has group health insurance through the husbands job at a very well know large corporation.  The company pays for $500/mo of the plan but the husband still has to pay an additional $350/mo out of his paycheck to ensure that the whole family has coverage (total cost of coverage is $850/mo). 

Through a series of circumstances, the husband is no longer employed at the large corporation as he pursues his life dream to be an entrepreneur.  

By default he starts to evaluate all of his options for family healthcare coverage.  We find him a policy that offers better overall protection for his out of pocket liability while providing coverage for the whole family at just $360/mo.  Break it down a bit further and compare the cost to cover just the spouse and 2 children on their new plan @ $240/mo to the amount deducted from the husbands paycheck for family coverage with the old plan @ $350/mo.  The simple point is that  the family was paying $110/mo ($1320/yr) more than necessary to receive less overall coverage.  If this family would have taken the time to understand all of their options sooner they may have saved several thousand dollars.

More info click here

photo credit: griffithchris

Looking to buy a campground or RV Park?  Below is a campground real estate guide that can help.  For more information about John Bailey Company use this link RV Park Insurance

Campgrounds For Sale - Office in NC

Rocky Properties - Office in Billings, MT

Resorts International

KOA Kampgrounds of America

Campgrounds/Inns/Bed and Breakfast

For Sale By Owner

photo credit: ChazWags

There are hundreds if not thousands of drivers on the road today who do not have insurance. Not minimum coverage but NO coverage. So what happens to you if you happen to get hit by one of these drivers?

This is exactly what happened to our John Bailey Company vice-president Brandon Clarke. One summer day a couple years ago he was driving down I-275 only to get rear ended by a driver who was uninsured. The other driver was ruled at fault.

This is where your uninsured motorists coverage comes in to play. If someone without insurance hits you or there is a hit and run on your car you simply file a Uninsured motorist (UM) claim.  Usually there is coverage which is subject to a deductible.

…….and this coverage is not just for the property damage to your vehicle, but can fall under bodily injury coverage in the event that the uninsured driver causes medical damage to the driver or a passenger in your car.

photo credit: kevinzhengli

There’s one thing no one is telling you about our current Healthcare Problems…

A SOLUTION ALREADY EXISTS!

(While Washington has initiated dialogue to address the unmanageable costs of medical care, there’s one factor that no one is addressing - I will get to this shortly)

This may be the most important bit of information you could get on this subject… Because whether you’re working for a large corporation, running a small business, or happen to be unemployed, there is a good chance you are paying more money for healthcare than you should. It seems to be a problem with no apparent solution.

So what is the solution??? I could get really boring and go into a whole bunch of info filled with insurance jargon and other mumbo jumbo but instead I’ll sum it up by saying this: there have been several laws and tax incentives passed by congress in the past 10 yrs that could potentially decrease an individuals out of pocket healthcare expenses by $2,000 to $8,000 per year. Most health insurance reps have not taken the time to adequately understand these coverages which can ultimately help the consumer evaluate their best options.

We believe that the key piece to this puzzle of fighting down extreme health insurance costs is YOU, the American consumer, who throughout history has been able to adapt and overcome all types of obstacles. We believe that with the right tools and knowledge everybody can play a role in busting up the currently broken system.

As we launch our health program here at John Bailey Company we have made some commitments. Instead of boring you by listing them out I’ll just sum them up by saying this: We are dedicated to busting up the “old school” approach of the greedy, fat insurance agent. We will do this by providing businesses and individuals with the resources needed to ensure that they are not contributing to the problem but teaming up with us to become a part of the solution.

Keep in the loop on how to become part of the solution by checking out these future posts:

1. Understand All of Your Options

2. Get Someone You Trust to help you understand your options

3. Make a Decision to become a part of the Solution

If you have any more questions, please feel free to call us at 865-524-0785

photo credit: crazytales562

Lets face it, semi trucks on the interstate can be difficult for us regular drivers. I personally have the most trouble dealing with them in the rain when they spray up even more water on my windshield.

There’s also been several instances we have heard about semi trucks shoot up rocks and crack windshields. If this happens to you, this is usually a covered peril under comprehensive coverage. And with certain companies John Bailey Co. represents, they will waive the deductible if the windshield is deemed repairable (i.e. no cost to you at all).

photo credit: Orin Optiglot

So you’re driving down a back country road just outside Knoxville in a recently purchased car. You switch the song on your Ipod, then there’s a loud crashing noise and you feel like you’ve hit a tree. You realize it’s not a tree, but a deer.

You start to wonder if your insurance company will pay for your cracked windshield, dented hood, etc. Then you realized that when your auto insurance agent quoted your policy you elected to go with comprehensive and collision coverage just to be safe.

Usually if you hit a moving animal there is coverage under comprehensive. In most cases this means you would have to pay the deductible with your insurance company picking up the rest of the repair costs.