MJF is an authorized Hagerty Representative. If you have any questions or would like to schedule an appointment please call 866-983-8726. MJF is licensed in five states. NY,NJ,CT,FL,and PA
Hagerty's one-of-a-kind benefits not only set us apart from standard insurance companies, but other specialty companies as well. Each of our policy features is based on our own personal experiences as collectors and on feedback we've received from fellow collectors at hundreds of car show and events all across the country.
Hagerty Collector Auto Policy Features
Low Premiums
Our rates are drastically lower than standard. For example: The standard rate on a '65 Mustang could hit $800/year. Hagerty's average premium on the same car? Just $150. And that's with full coverage - including liability.
Agreed Value Coverage
Better by far than ACV or Stated Value. In case of a total loss, your clients will receive the full amount for which they insured their vehicle.
No Deductible
In most states, your client pays nothing if he/she has a claim with a Hagerty – covered collector vehicle. We do, however, offer deductible options.
Single Liability Charge
No matter how many vehicles on a policy, your clients only pay a single liability charge.
Flexible Usage
Drivers can enjoy their classics with comfortable limits. A Hagerty policy allows for an occasional leisure drive, not just to parades or car events.
Hagerty Plus Membership
Your clients have the opportunity to join the nation's largest community of collector car enthusiasts, enjoy guaranteed flatbed roadside assistance, a quarterly magazine and more. Learn more.
In-House Claims Department
To guarantee every claim is handled by a collector insurance expert, the majority of claims are handled in-house, 7 days a week.
Repair Shop of YOUR Choice
Hagerty clients take their cars to their repair shop of choice.
Restoration Coverage
Protects your client's classic and its increasing value during an active restoration project.
Instant New Purchase Coverage
Unplanned purchases up to $50,000 receive immediate coverage on an existing Hagerty policy.
Business Use Endorsement
Collectors may use their cars for specific business or commercial uses for specified time frames.
Auto Show Medical Reimbursement
Offers predetermined medical coverage for your clients and their families when injured during an auto show or similar car related event.
Overseas Shipping/Foreign Touring Coverage
Hagerty can provide special coverage for vehicle(s) during overseas transit including cargo shipping, foreign liability and property damage. We can also coordinate coverage during your client's stay abroad.
Club Liability Program
Protect a club and its members from potential lawsuits, while enjoying the same great service and low rates enjoyed by all Hagerty clients.
Motorcycle Safety Equipment Coverage
This feature includes coverage of spare parts.
Additional Coverage
Hagerty can provide additional coverage for automobilia (collectible items linked to motor vehicles), automotive tools and spare parts—all items that go hand-in-hand with the collector vehicle hobby.
All coverages are not available in all states. This is only a general description of coverage. All coverage is subject to policy provisions, exclusions, and endorsements.
Saturday, September 5, 2009
Advantages of Providing an A.F.L.A.C. Plan For Your Business
Why Aflac?
In times of financial uncertainty, lowering costs while maintaining the quality of your small business is key. When it comes to finding a cost-efficient way to provide your employees with the benefits they need, Aflac can help. By making Aflac insurance policies available along with your major medical insurance, you can give your employees the kind of benefits they’d expect from a bigger company, on a small business budget.
Here's how you benefit:
Policies are 100 percent employee-paid, so there is no direct cost to your company.
Employee participation can lower taxable income and may reduce your overall share of FICA and FUTA taxes when premiums are paid with pre-tax dollars.
Aflac complements current HSA/HDHP arrangements by offering compatible plans.
Aflac helps attract and retain employees.
Aflac is designed to be easily administered, which means you’ll have more time to focus on running your business.
Aflac insurance complements your major medical insurance, to help you create a more attractive employee benefits package.
Here's how your employees benefit too:
Our policies are designed to provide cash benefits to your employees if they become injured or sick.
Employees are paid directly (unless they choose otherwise), usually within four days, to help cover expenses, such as rent and child care, and expenses not covered by major medical insurance, such as copayments and deductibles.
With Aflac policies, there are no deductibles, copayments, doctor networks, or pre-authorization requirements.
Premiums can be paid with pre-tax dollars through a Section 125 Cafeteria Plan.
To schedule and appointment call 866-983-8726. WE write in New York, New Jersey, Connecticut, Pennsylvania and Florida
In times of financial uncertainty, lowering costs while maintaining the quality of your small business is key. When it comes to finding a cost-efficient way to provide your employees with the benefits they need, Aflac can help. By making Aflac insurance policies available along with your major medical insurance, you can give your employees the kind of benefits they’d expect from a bigger company, on a small business budget.
Here's how you benefit:
Policies are 100 percent employee-paid, so there is no direct cost to your company.
Employee participation can lower taxable income and may reduce your overall share of FICA and FUTA taxes when premiums are paid with pre-tax dollars.
Aflac complements current HSA/HDHP arrangements by offering compatible plans.
Aflac helps attract and retain employees.
Aflac is designed to be easily administered, which means you’ll have more time to focus on running your business.
Aflac insurance complements your major medical insurance, to help you create a more attractive employee benefits package.
Here's how your employees benefit too:
Our policies are designed to provide cash benefits to your employees if they become injured or sick.
Employees are paid directly (unless they choose otherwise), usually within four days, to help cover expenses, such as rent and child care, and expenses not covered by major medical insurance, such as copayments and deductibles.
With Aflac policies, there are no deductibles, copayments, doctor networks, or pre-authorization requirements.
Premiums can be paid with pre-tax dollars through a Section 125 Cafeteria Plan.
To schedule and appointment call 866-983-8726. WE write in New York, New Jersey, Connecticut, Pennsylvania and Florida
Can My Credit Score Affect My Homeowners Premium
It pays to have a good credit history. Case in point: Homeowner insurance companies tend to give their better rates and terms to consumers who pay their bills and loans, in full, on time. A number of homeowner insurers weigh your credit history in making underwriting decisions, confirms Selective Insurance spokeswoman Cynthia B. Heismeyer who explains why.
"Insurance scores, based partially or wholly on your credit information, help insurers assess risk and charge the appropriate rate based upon that level of risk," observes Heismeyer, Selective Insurance`s assistant vice president of corporate communications.
"Statistically, it has been proven that people with poor insurance scores are more likely to file a claim," notes Heismeyer. "Historically, homeowners rates had been based on the characteristics of the structure itself. The insurance industry is now shifting the focus to include characteristics of the occupants, and insurance scores are one of those factors."
Heismeyer says that a credit-based "insurance score" from a consumer`s credit report is used to predict how often he or she is likely to file claims, and/or how expensive those claims will be. Heismeyer indicates that studies by insurance regulators, universities, independent auditors and insurance companies all have shown that an individual's credit history is a proven, strong indicator of how likely that person is to file a future claim.
Here are some basic facts about credit-based insurance scores, according to the Insurance Information Institute, of New York:
•They allow insurers to charge lower premiums to customers who are better risks.
•These types of scores are totally objective and "blind" - insurance scores never factor in a consumer's income, race, address, marital status, age or nationality.
•They promote competition, which means more choice for consumers.
Chubb doesn`t use credit-based scores in homeowners insurance underwriting decisions, but Chubb spokesman Mark Schussel points out that his company has "other ways to determine the acceptability of a risk." Chubb goes "beyond what`s contained in the insurance application," said Schussel who then gave an example.
For instance, Schussel says, the application doesn`t provide enough detailed information about the type of materials and craftsmanship used in a home as well as specific exposures a home faces and what steps a customer has taken to mitigate those exposures. That`s why we visit many of the homes that we insure."
Credit-based insurance scores are "blind" and objective, points out Lynn Knauf, director of personal lines for the Property Casualty Insurers Association of America, in Des Plaines, Ill. She stressed that credit-based insurance scores don`t consider a consumer`s race, nationality, income, marital status or location.
American Insurance Association`s Dave Snyder focused on what he described as one of the benefits of credit scores in the homeowners insurance equation. "They enable insurers to offer many more pricing levels than before," Snyder says. Citing example, Snyder noted that those with "good credit-based insurance scores can get lower premiums on their homeowners insurance than they could have, say, 10 years ago before credit scoring came to the forefront."
"The addition of credit scoring gives the homeowners insurance company a clearer idea on how to price a particular risk and in the process gives consumers assurance that they`re not paying more than they should for coverage," says Snyder, assistant general counsel for AIA in Washington, D.C.
Snyder believes that experience has shown that fiscally responsible consumers who have solid credit histories have fewer losses than those with spotty or poor financial track records. "From the insurer`s standpoint," observes Snyder, "credit information serves as an indicator as to how well a person manages financial risk. A person who keeps his finances in order tends to keep his or her home in good shape, and probably drive more safely as well. In addition, homeowners insurance losses for people with the worst credit tend to run much higher than that of consumers with the best insurance credit scores."
A final thought on credit scores comes from Safeco Insurance spokesman Paul Hollie. "Personal credit reports are available from several organizations, including Experian, Equifax and TransUnion. Reviewing your credit and cleaning up inaccuracies should be an annual ritual, no different than checking on your personal retirement accounts or checking your fire alarm batteries," says Hollie.
For a Homeowners quote in NY,NJ,CT,FLA or PA MJF can be reached at 866-983-8726
"Insurance scores, based partially or wholly on your credit information, help insurers assess risk and charge the appropriate rate based upon that level of risk," observes Heismeyer, Selective Insurance`s assistant vice president of corporate communications.
"Statistically, it has been proven that people with poor insurance scores are more likely to file a claim," notes Heismeyer. "Historically, homeowners rates had been based on the characteristics of the structure itself. The insurance industry is now shifting the focus to include characteristics of the occupants, and insurance scores are one of those factors."
Heismeyer says that a credit-based "insurance score" from a consumer`s credit report is used to predict how often he or she is likely to file claims, and/or how expensive those claims will be. Heismeyer indicates that studies by insurance regulators, universities, independent auditors and insurance companies all have shown that an individual's credit history is a proven, strong indicator of how likely that person is to file a future claim.
Here are some basic facts about credit-based insurance scores, according to the Insurance Information Institute, of New York:
•They allow insurers to charge lower premiums to customers who are better risks.
•These types of scores are totally objective and "blind" - insurance scores never factor in a consumer's income, race, address, marital status, age or nationality.
•They promote competition, which means more choice for consumers.
Chubb doesn`t use credit-based scores in homeowners insurance underwriting decisions, but Chubb spokesman Mark Schussel points out that his company has "other ways to determine the acceptability of a risk." Chubb goes "beyond what`s contained in the insurance application," said Schussel who then gave an example.
For instance, Schussel says, the application doesn`t provide enough detailed information about the type of materials and craftsmanship used in a home as well as specific exposures a home faces and what steps a customer has taken to mitigate those exposures. That`s why we visit many of the homes that we insure."
Credit-based insurance scores are "blind" and objective, points out Lynn Knauf, director of personal lines for the Property Casualty Insurers Association of America, in Des Plaines, Ill. She stressed that credit-based insurance scores don`t consider a consumer`s race, nationality, income, marital status or location.
American Insurance Association`s Dave Snyder focused on what he described as one of the benefits of credit scores in the homeowners insurance equation. "They enable insurers to offer many more pricing levels than before," Snyder says. Citing example, Snyder noted that those with "good credit-based insurance scores can get lower premiums on their homeowners insurance than they could have, say, 10 years ago before credit scoring came to the forefront."
"The addition of credit scoring gives the homeowners insurance company a clearer idea on how to price a particular risk and in the process gives consumers assurance that they`re not paying more than they should for coverage," says Snyder, assistant general counsel for AIA in Washington, D.C.
Snyder believes that experience has shown that fiscally responsible consumers who have solid credit histories have fewer losses than those with spotty or poor financial track records. "From the insurer`s standpoint," observes Snyder, "credit information serves as an indicator as to how well a person manages financial risk. A person who keeps his finances in order tends to keep his or her home in good shape, and probably drive more safely as well. In addition, homeowners insurance losses for people with the worst credit tend to run much higher than that of consumers with the best insurance credit scores."
A final thought on credit scores comes from Safeco Insurance spokesman Paul Hollie. "Personal credit reports are available from several organizations, including Experian, Equifax and TransUnion. Reviewing your credit and cleaning up inaccuracies should be an annual ritual, no different than checking on your personal retirement accounts or checking your fire alarm batteries," says Hollie.
For a Homeowners quote in NY,NJ,CT,FLA or PA MJF can be reached at 866-983-8726
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