Congratulations Susan… You Have Won Again!

Congratulations to our July referral winner, Susan Kutchuk… Susan has won dinner and a movie for two!  Thank you for your business and for your referrals.

4 Grand Prizes still up for grabs, including Gas Card, New Lap Top, BIG Screen TV and you guessed it… Grand Prize #1 Cold Hard Cash (for You and Your Favorite Charity too)!

Remember it’s Easy as 1 – 2 – 3…

1. Tell all your friends, family and business associates about Stromsoe Insurance Agency.

2. Have them mention your name when they contact our team – 877-994-6787.

3. You will receive your lotto tickets in the mail and automatically be entered to win any or all of the Grand Prizes!

Are YOU The Next Winner? Remember there is NO LIMIT to the number of entries you may have –  Good Luck!

Do You Have Rental Car Coverage On Your Auto Insurance Policy?

When your car is stolen or gets damaged in an accident, the repair or recovery cost is only part of the story. Going without your car while it’s being repaired can be a significant hardship. Without another vehicle available, your only recourse might be to rent one. The good news is that you might be able to buy insurance that will pay some of the cost of a rental; in fact, your policy might already include it.

The standard Personal Auto Policy OFFERS  a coverage called “Rental Car Benefit”. You must agree to and buy the coverage for it to benefit you when you need it.

In speaking to a group of local business people yesterday, we asked how many people in the room were dependent on their vehicle daily. EVERY PERSON raised their hand.

If you have purchased Collision coverage on your car and that car is damaged in a collision, this coverage will pay for “temporary rental car expenses.” The same applies if you have purchased Comprehensive coverage. If the car is damaged by something other than a collision, the policy will cover these expenses. The policy pays up to the limit per day you purchase, $30, $40, $50, up to a maximum of dollar amount, normally 30 days times your daily limit. This coverage may also apply to a vehicle to which you do not ordinarily have access, such as a friend’s car or a rented pickup truck.

Time limitations apply. If your owned or borrowed car is stolen, coverage begins a specified number of hours after the theft and ends when you are able to use the vehicle again or when the insurance company pays you for the loss. If the cause of loss is something other than theft, the insurance pays the expenses incurred more than 24 hours after you lose use of the vehicle. Finally, the insurance stops paying at the end of the period of time reasonably required to repair or replace the vehicle.

Some examples will illustrate how this works.

  • >>> John has both Comprehensive and Collision coverage on his sedan. On Tuesday at 10:00 a.m., a frayed wire in the engine catches fire, resulting in major damage to the car. The car is in the shop for 15 days, so he rents a replacement for $35 per day. His insurance will pay $30 per day, starting with the expenses he incurs after 10:00 a.m. Wednesday. If 15 days is a reasonable time for these repairs, the company will pay for days two through 15.
  • >>> John gets his sedan back. A month later, it breaks down. This time, he borrows his neighbor’s car. While he is driving this car, a deer runs in front of him; the ensuing collision badly damages the car. Because he has Comprehensive coverage, which applies to collisions with animals, his insurance again will pay $30 a day for him to rent a replacement while the shop fixes his car.
  • >>> He gets both cars back and returns his neighbor’s car. A week later, he walks out of a store to find an empty space where his car should have been. He reports the theft to the police and his insurance company. The company will pay $30 per day, starting 48 hours after he discovered the car missing. It takes 35 days for him to find a replacement car; his insurance pays $900 (the maximum) for his rental costs.
  • >>> Concerned about how much his insurance premiums will go up, he drops the Collision coverage on the replacement car. A month later, a bee stings him while he’s driving and he plows into a highway sign. This time, the company will not cover his rental costs because he had not purchased Collision coverage.

Not all Auto insurance policies are the same. Some might pay more than $30 per day for rental costs, but they will pay only if the insured vehicle is stolen. Others cover theft only and pay less than $30.

Check with one of our licensed insurance protection coaches often to find out what coverage you have and need. Call 877-994-6787 or 951-600-5751, we’re here to ensure that you have exactly the coverage you need.

Small Businesses Can Benefit From New IRS Health Care Tax Credit

The recent health care legislation signed into law by President Barack Obama contains a Small Business Health Care Tax Credit that will help small businesses with the cost of providing their employees with health care. The tax credit’s benefits are available immediately for the 2010 tax year.

According to the Congressional Budget Office, small businesses are expected to save an estimated $40 billion by 2019, due to the Small Business Health Care Tax Credit. The tax credit is effective retroactive to January 1st, 2010 and covers up to 35% of a small business’s premiums, with the rate increasing to 50% on January 1st, 2014.

Although non-profit organizations are eligible for the credit, they will receive a lower percentage. Tax exempt organizations will be able to receive up to a 25% tax credit in 2010, which will be raised to 35% in 2014.

The tax credit has broad eligibility, covering 4 million small businesses. Any business that pays at least 50% of employee health care costs, employs the equivalent of 25 or fewer fulltime workers (allowing eligibility for companies with 50 part-time workers), and pays an average employee salary of $50,000 or less (not including owners and their family members) will be eligible for the Small Business Health Care Tax Credit.

The maximum credit of 35% is available for small businesses with 10 or fewer fulltime workers and an average salary of $25,000 or less. For businesses that pay employees between an average of $25,000 and $50,000, the tax credit gradually phases out. The gradual phase out also applies to businesses that employ an equivalent of 10 to 25 full time workers (20 to 50 part time workers).

Businesses are able to claim the credit for a total of six years. They will be eligible to claim the credit for four years, from 2010 to 2013, and then any two years after the 2013 date.

To keep businesses from abusing the system by picking a high-cost plan, the Small Business Health Care Tax Credit will only be eligible for the average health insurance cost of the state where the business is located. This information will be provided by the IRS at a later date.

For more information, refer to the IRS website.

We hope this helps you add a little more to your bottom line, we know none of it comes easily!

Any questions or thoughts, here are 4 Easy Ways to Reach Us:

1. CALL 877-994-6787 or 951-600-5751
2. Fax 951-677-6265
3. Email – insure@siaonline.com
4. Visit Our Website – www.SIAonline.com

To Your Success!

Save 15 – 20% or More by Combining Your Home & Auto Insurance!

The Car Insurance Doctor™ hits the streets…

ATTENTION: All Murrieta – Temecula Valley drivers – Did you know you can SAVE 15-20% or more on your insurance premium by combining all of your insurance policies with Stromsoe Insurance Agency!

Call The Doctor and his Staff Today – You Won’t Be Disappointed You Did!

Here are 4 Easy Ways to Reach Us:
1. CALL 877-994-6787 or 951-600-5751
2. Fax 951-677-6265
3. Email – insure@siaonline.com
4. Visit Our Website – www.SIAonline.com

BBQ & Grilling Safety Tips for a Safe 4th

This Sunday marks America’s 234th year of independence. 

Like most people, there is a good chance you will be celebrating July 4th with parades, fireworks and cookouts.

Here are tips from the U.S. Consumer Product Safety Commission for safeguarding your family.

Gas grill safety tips

When cooking outdoors with a gas grill, check the air tubes that lead into the burner for any blockage from insects, spiders or food grease, and follow these tips to reduce the risk of fire or explosion:

1. Check grill hoses for cracking, brittleness, holes and leaks. Make sure there are no sharp bends in the hose or tubing.

2. Move gas hoses as far away as possible from hot surfaces and dripping hot grease.

3. Always keep propane gas containers upright.

4. Never store a spare gas container under or near the grill or indoors.

5. Never store or use flammable liquids, like gasoline, near the grill.

6. Never keep a filled container in a hot car or car trunk. Heat will cause the gas pressure to increase, which may open the relief valve and allow gas to escape.

Charcoal grill safety tips

1. Charcoal produces carbon monoxide (CO) when it is burned. CO is a colorless, odorless gas that can accumulate to toxic levels in closed environments. To reduce the risk of CO poisoning:

2. Never burn charcoal inside of homes, vehicles, tents or campers.

3. Charcoal should never be used indoors, even if ventilation is provided.

4. Since charcoal produces CO fumes until the charcoal is completely extinguished, do not store the grill indoors with freshly used coals.

5. Every year there are thousands of Emergency Room visits due to grilling accidents, we hope these tips will help you avoid becoming one of them.

Have a safe and enjoyable 4th of July from all of us at Stromsoe Insurance Agency!

From Our Family to Yours-Happy 4th of July!

From our family to yours, we wish each of you a safe and happy 4th of July holiday weekend.

In speaking to many people, typical celebrations will include parades, fireworks, ceremonies, barbecues, family gatherings, attendance at theatre events, concerts and even weddings!

We’d love to hear what you are doing, if you have a moment, please scroll down, click comment and let us know 🙂

Wishing you and your all the best,

The Stromsoe Insurance Agency Total Protection Team

PS Here’s a little 4th of July history –  “Independence Day, commonly known as July 4th or the Fourth of July, commemorates the Continental Congress’ adoption of the Declaration of Independence on July 4, 1776. The document, primarily written by Thomas Jefferson, served as a formal announcement that the 13 American colonies were no longer part of the British Empire and would henceforth be free and independent states. Regarded as the birthday of the United States of America.