Only 1-in-4 Have Flood Coverage

With only 1-in-4 homes covered in the Green River Valley, WA area, insurance commissioner Mike Kriedler is urging residents to purchase now, especially with the 30 day waiting period.

“Recent work on the Howard Hanson Dam has lowered the risk of catastrophic flooding in the valley. That’s the good news,” Kreidler said. “But the risk of flooding is still significantly higher than normal. Getting this relatively low-cost coverage can protect against major losses.”

FEMA will be revising their flood zone in the Green River Valley and these maps will likely broaden the area considered high-risk. These new maps take effect in September 2010.

Many don't realize that renter's can get contents-only coverage starting at only $39 for the year. However, we are suggesting that they consider building coverage too in case the building does not have a master policy for flood.

Kriedler adds, “renters shouldn’t assume that their apartment owner’s insurance will cover their losses, because it generally doesn’t,” said Kreidler. “A flooded apartment can easily lead to thousands of dollars in damages. Renters have to protect themselves, too.”


Log on to our website: www.sav-on.com for a quick quote or call us 1-888-867-2866.

Kriedler Speaks Out About Canceling Coverage

WA Insurance Commissioner Mike Krielder gave these tips recently on the State Insurance Website and adds "In today’s economy, people are cutting corners wherever they can, but cancelling your insurance is not the answer. Instead, shop around to find a lower rate. I continue to be surprised by how much some consumers save simply by shopping around. It will save you money now and could protect you from complete financial ruin in the future."

• Compare rates – You may save money just by making a few extra calls or getting a couple more online quotes. Make sure you provide the same information to each insurer so rates are directly comparable.
  
  
• Ask about discounts – Discounts can vary widely between companies. For example, many insurers offer a lower premium if they also cover your home. Others charge less if your vehicle has safety features such as antilock brakes, airbags and automatic seat belts. You may save even more if your car has an alarm or anti-theft device. And if you have young drivers in your household, be sure to ask if good-student discounts are available.
  
  
• Increase your deductible – This is the amount you'll pay out of pocket if you have to make a claim. Raising it to $500 or $1,000 can mean lower premiums.
  
  
• Drop some coverage – If your vehicle is paid off, consider dropping the comprehensive and collision coverage. Be aware, though, that your insurer won’t pay for damages to your car if you are in an accident.
  
  
• Consolidate payments – Pay your premium in full every six months to avoid fees for financing monthly payments.
  
  
• Drive safely – If you have a good driving record, without tickets and accidents, you will pay less for insurance.

SAV-ON Insurance has been helping you, the consumer for 43 years by shopping from 30+ companies to find you the best rate. Our Graduate Department will check every 6 months (or at your renewal) to check rates for you. We saved our own insureds 36% last year by moving them into Preferred Companies.

You could be a SAV-ON Graduate! Call us for a quote: 1-888-867-2866, e-mail info@sav-on.com, or fill out our Quik Quote Form online!

Mike Kriedler elected for 3rd term

Democrat Mike Kriedler has been re-elected for his 3rd term as Washington State Insurance Commissioner.

He won with 57 to 43 percent against Republican John Adams.

Sav-on Insurance Agencies is happy to have Kriedler in office again.