Are Your Christmas and Hanukkah Presents Covered?

Did you get something like this under the tree this year? Then check your insurance policy...

A few weeks ago we talked specifically about jewelry and watches, and the increased coverage you would need for these high-ticket items. Now that Christmas has come and gone, and Hanukkah will end this evening, we figure that many of you opened something special this year. You were nice, not naughty, right?

Some of you may have received items that again, you assume are covered under your homeowners or renters insurance policy. This is not always the case, and before you take that new $6,000 bike on your first triathalon training session, you should make sure. Thieves know the difference between the Focus Izalco road bike and your little brother’s ten speed, and they’ll take it if they can—especially if you leave it unlocked in the garage, and leave the door open…Guess what? They can just ride away on that $6,000 on two wheels!

In California, we have some of the best weather in the country—okay, if you take Hawaii out of the equation, it IS the best weather in the country, especially down here in Orange County. So what do we do here? We get outside and sporty, and some of those sports cost a lot of money. Review the list below, and if you have any of these items, call your insurance agency to make sure you’re covered:

  • Racing bicycle or mountain bicycle
  • Paddle board
  • Surfboard
  • Downhill skis
  • Water ski
  • Snowboard
  • Kayak
  • Camping gear
  • Golf clubs
  • Hunting rifles
  • Fishing poles and equipment
  • Tennis racquets
  • Cameras, lenses and equipment

Now, be smart. If you bought your mountain bike at the local Sports Chalet for $99, it’s probably not worth getting extra insurance on it. But when the equipment is expensive and you use it a lot, or it’s in a garage that’s not overly secure, you should definitely look into insurance coverage.

Of course, at BMR Insurance Agency, we will walk you through the process every step of the way, and even come out to your home to assess the property in order to make sure you have accurate coverage. But if, for some reason, are not yet a customer of BMR, don’t forget to mention the following to your insurance agent or company representative:

  • Should I raise my limit of liability, or should I schedule each valuable?
  • Should I get full or partial coverage?
  • What are the rules for proving ownership and loss?
  • What kind of caps are there for scheduled items?
  • Do I need an appraisal?
  • What does the insurer require when filing a claim?
  • Under what conditions will payment be denied?

If you’re not satisfied with the answers you get to these questions, there is still a solution. We recommend you either call us to find a better homeowners or renters insurance, or at the very least shop around to find something better.

Call us now for a free insurance review, whether you’re a current customer or not. We’re happy to help! We love making sure people are protected against those events that life throws our way. Call us directly on (714) 838-1911 or click here to use our online form.

And Happy New Year to all from all of us at BMR Insurance Agency!

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