STRONG STORMS EXPECTED TONIGHT
June 12, 2013 by
We know that severe storms are forecast throughout Ohio tonight and some experts say another derecho is possible! Let’s hope the storms and damage are light but we want you to know we are prepared for claims. We’ll have our emergency lines open all night, and we have an emergency generator on stand-by in case of power loss in the office.
Do you need Mechanical Breakdown Coverage for your business?
April 23, 2013 by
Mechanical Breakdown Coverage
Mechanical breakdown coverage has become more popular in recent years. Twenty years ago only the most die-hard businesses carried this coverage. In the last 10 years, it has become much more common for businesses to carry this valuable coverage. It has even become fairly common to find this coverage added to small business policies. However, it is rarely automatic.
Due to the technical nature of many of the mechanical breakdown losses, it often requires specialists in various types of equipment, whether mechanical or electrical, to settle mechanical breakdown claims. As your insurance advisor, we can explain what is and is not covered by your policy, but we cannot make an accurate assessment of a damaged circuit board in your processing equipment. This takes a specialist.
The mechanical breakdown coverage not only provides coverage for damage caused by an “accident,” but also provides “service interruption coverage.” Let’s start by defining an accident. For a loss to be covered, it must be sudden and accidental and not expected by the policyholder.
In a mechanical breakdown claim, the company representative will first determine if the claim was accidental. A good example of this would be a power outage. Some power outages that cause damage are covered, but again, the requirement that the loss be accidental must exist. The policy will even consider whether the damage first occurred with your utility provider, and what caused their problem. Was the cause of the outage at the power station due to a covered accident defined in your policy? If a cause of loss at your power facility was not within the scope of your policy’s coverage, then the claim was caused by your supplier’s professional actions and there would be no coverage. We would then look for a coverage trigger occurring on your premises, such as a power surge or arching in your on-premises electrical service or equipment.
An optional coverage that you can select is service interruption coverage. This coverage extension will pay for lost income and extra expenses when operations are curtailed following a covered loss.
Call our office to discuss this coverage in more detail.
~Save on a AAA Membership~
April 1, 2013 by
Starting today, April 1st through May 31st, AAA will be waiving the $10 enrollment fee for all new memberships. Take advantage of this great opportunity and save some extra CA$H on your summer vacation or whatever your future plans are!
Call our office today to sign up!
*Happy Easter*
March 25, 2013 by
Our office will be closed Friday, March 29th.
We hope all of you have a Happy Easter!!
We can still be reached for emergencies by calling our office.
STATE MINIMUM AUTO INSURANCE LIMITS TO INCREASE IN DECEMBER
January 30, 2013 by
Late last year, victory was finally achieved when the Ohio General Assembly and Governor Kasich approved House Bill 278, which increases Ohio’s financial responsibility limits to $25,000 per person / $50,000 per accident for bodily injury and $25,000 per accident for property damage. The higher limits will take effect on all policies issued or renewed on or after Dec. 22, 2013. The current limits of 12.5/25/7.5 have not been changed since 1969. We wanted to forewarn some of our customers that their policies will be increasing as they renew.
Additionally, the bill creates a financial responsibility task force to study financial responsibility in Ohio with a focus on the issue of uninsured motorists. The task force will be composed of 12 members, one of which will be an auto insurance agent. The Professional Insurance Agents Association is working to have one of our members appointed to this task force.
If you have additional questions regarding these changes, please feel free to contact our office.
DONATE TO TOYS FOR TOTS
November 28, 2012 by
Our office is now a drop-off location for Toys for Tots. Please drop off any new, unwrapped toys to our office by Monday, December 17th.
Help our office deliver the joy of Christmas to needy children throughout the United States!
Happy Thanksgiving!!
November 20, 2012 by
The Frank Clarke Agency, Inc. would like to extend our wishes to you & your family to have a very Happy Thanksgiving!
Our office will be closed on Thursday, November 22nd & Friday, November 23rd.
You can still call our office in the event of an emergency.
Introducing Erie Insurance
November 20, 2012 by
Effective immediately, we are pleased to introduce Erie Insurance Group to our company offerings!
Erie Insurance was founded in 1925 in Pennsylvania. They have grown into a multi-line insurance company, offering auto, home, business, and life insurance through independent insurance agents.
Erie has consistently earned superior ratings from AM Best. They are also in the top 5 for claims satisfaction in the midwest geographic region.
We are pleased to begin working with Erie Insurance, and how you will be pleased to work with them as well. If you’re interested in getting a quote through Erie Insurance, please contact our office today!
WE HAVE A NEW PHONE SYSTEM!
November 6, 2012 by
Thank you for your patience while we updated our phone system!
We now have a new phone system, which also means we no longer have an emergency phone number!
If you have a commercial insurance emergency, please call our office, press 2 to be connected to Sean’s voicemail, and then press *2 to be forwarded directly to his cell phone.
If you have an auto or home insurance emergency, please call our office, press 3 to be connected to Nikki’s voicemail, and then press *2 to be forwarded directly to her cell phone.
Each member of our staff now also have voicemail! If the person you are trying to reach is not available, we can transfer you to their voicemail and they will call you back during normal business hours.
We are very excited about this new system, and hope you find it a little easier.