How Is It Possible to Protect Your Home against Ohio Real Estate Market Declines?

If you were to ask many Ohio real estate experts the above question, they may tell you that it’s not possible to protect the value of your home in declining Ohio real estate markets.

Ohio Real estate experts may tell you that market value declines are the inevitable outcome of the real estate crisis that our country is in. The Ohio real estate market has fared better than others, yet according to the Ohio Association of realtors in the year 2011, sales of new and existing homes totaled 99,881, up only slightly from 2010.

However the average sales price dropped by 10% in the Cincinnati housing market going from $158,832 in 2010, to $143,319 in 2011, and average sales price difference of $15,513!

If you sold your home in 2011 it’s likely that you lost money.

What if you need to sell your home within the next few years? Will you be guaranteed a loss on your home as many homeowners in Cincinnati had to experience?

Not necessarily.

If You Need to Sell Your Ohio Home There Is a Way to Protect the Market Value of Your Home.

A brand-new market value product exclusively for Ohio homeowners is now available. Home Value Protection is an insurance policy that protects you from Ohio housing market declines that can erode the value of your home.

Home Value Protection in Ohio gives you the ability to sell your home on your terms, even if local real estate values have gone down. That means you have the ability to sell your current home and move because you need a bigger home, you have taken a new job out of town, or you need to downsize.

Home Value Protection gives you peace of mind knowing that your largest investment, your Ohio home, is protected from Ohio real estate market declines.

Click here to learn how Home Value Protection  can protect yourself and your family from financial downturns in the Ohio Real Estate Market. Call Pathway Insurance Services Inc. at 513-662-7000 to learn how affordable it is to protect your biggest asset from real estate market declines. For an instant quote click on Home Value Protection picture.

Do you feel that an insurance company or agent used bait and switch tactics to get your business? If so you may not be alone. Some companies and agents may provide you a Cincinnati insurance quote that is not based on what is truly on your driving record. If that has happened to you please call 513-662-7000 to receive Cincinnati Insurance Quotes that are 100% accurate, 100% of the time.

How Bait and Switch Tactics Can Cost You Money.

The insurance business is very competitive. There are more than 500 insurance companies offering car insurance in Cincinnati. Occasionally we run across a situation where either an agent or a company will provide an initial Cincinnati car insurance quote that is really not accurate. That happened recently to a policyholder of our Cincinnati independent insurance agency.

We received a telephone call from a policyholder that had been insured with our insurance agency for many years stating that he was canceling his insurance because he got a much better rate by purchasing a policy from Geico insurance in Cincinnati. He told me how much Geico was supposedly saving him on his insurance.

I asked him specifically if they had run his motor vehicle report, including accident reports to properly charge for the driving activity on his record.

He advised me that they did. Based on the amount of money he told me over the phone that Geico was saving him I told him without any hesitation that what Geico was quoting wasn’t possible based on the number of tickets and accidents on his driving record. He assured me that they had all of his driving activity on his record.

Because it was such an outrageous difference in price for the Cincinnati Geico car insurance quote, I decided to obtain a quote directly from Geico insurance myself.

I used my personal information, but his specific vehicle covered, plus I added his violation activity that’s on his driving record. Care to guess what I discovered?

The rate Geico quoted him wasn’t even close to what the actual rate Geico would charge him. The true price for the Cincinnati Geico insurance quote would be nearly 60% more than what they initially quoted him.

In any other business we would call that bait and switch, correct?

Keep in mind that I am only getting one side of the story. Our client told us what Geico was going to charge him for the insurance, but I’m not sure that he really did disclose to Geico what was really on his driving record.

If he pursues the Geico policy he’s going to learn the hard way that insurance companies can and will make adjustments once the driving records are checked.

How to Avoid Bait and Switch Tactics by Insurance Companies

If someone claims they can save you money on your Cincinnati car insurance, make sure they have run credit, accident and driving record reports before you buy a policy, otherwise you might be the victim of bait and switch insurance. If a company refuses to run these reports before you buy, don’t buy insurance from them.

Want a quote from an agency that guarantees 100% accuracy on insurance quotes 100% of the time? Click here to begin your online car insurance quote or call 513-662-7000.

The first unique service is our proven Claims Advocacy Program.  You can read more about the Pathway Claim Advocacy Program by clicking here.

The second unique service is our Pathway Protection Letter. This powerful weekly newsletter, available only to active policyholders of our agency, describes and explains coverage scenarios that could result in claim denials by insurance companies.  You can read more about the Pathway Protection Letter by clicking here.

Already an existing policyholder of Pathway Insurance?

If you are an existing client you can download our accident flowchart below.  Please note this is only available for use by active policyholders of Pathway Insurance.  By downloading this worksheet you are attesting that you are an active policyholder of our agency.

Downloading or utilizing this form when you are not an active policyholder of our agency is a copyright infringement of Pathway Insurance Service Inc.

Pathwayaccidentflowchart

Please tell us what you think about our accident flowchart, you may leave comments below .

Are you looking for automobile insurance in Cincinnati?  You have come to the right place.  Pathway Insurance is one of the most advanced independent insurance agencies in Cincinnati. Call us at 513-662-7000, or you can request an online Cincinnati car insurance quote by clicking here.

How to avoid taking a ride on The Insurance Merry-Go-Round™.

When people are looking for automobile insurance in Cincinnati they may be induced to call a certain company based on a catchy advertisement they see on television.  Insurance advertising is big business for ad firms, and insurance companies spend billions each year on their tailor made insurance advertisements to make their phones ring with potential new clients eager to save money on their insurance.

But here is a question that consumers never seem to ask when they are shopping for car insurance.  How long will the premiums remain this low?

The real truth about insurance is that insurance premiums never stay the same with any company. So no matter if you are shopping for insurance in Florida or you want cheap car insurance in Cincinnati you may obtain a good rate for a while, but over time that rate will increase.

In a future book that I will publish I will explain how a secret insurance pricing model exists that many consumers are not aware of, and how only independent insurance agents can help insurance buyers to secure the best rates on insurance for the long run.  By the way this insurance pricing model is used by every insurance company.

Let’s Review An Example Of The Insurance Merry-Go-Round™. 

Act 1 Scene 1: Your 21 year old son causes an at fault accident and 6 months later you receive a $700 rate increase on your car insurance and you decide to call a certain insurance company after watching a television commercial. This company happens to be, The ABC Insurance Company, and they advertise extensively on television and you decide to give them a call.

Their television advertisement proved to be true as they are able to offer you a price $200 less than your current insurance company so you decide to take advantage of that $200 car insurance savings from The ABC Insurance Company and switch your insurance.

Act 2 Scene 1: Eighteen months later you get a new insurance bill from The ABC insurance Company and you notice that your rate has increased $247, so you decide to call your former company, The XYZ Insurance Company.

The XYZ Insurance Company congratulates you because you now qualify for a new insurance program that will save you $412, so you switch back to your former company.

Act 3 Scene 1:  You open your new bill after only six months of returning to The XYZ Insurance Company and you notice that they did it to you again and they raised your car insurance premiums by $217. Because things are tight financially after your wife lost her job due to corporate downsizing, you decide to call a different company called, The Online Insurance Group.  The Online Insurance Group claims they keep prices low by only selling insurance over the Internet. The Online Insurance Group finds you an even better deal and they save you $167 compared to what The XYZ Insurance Company was about to charge you in their latest bill.  You switch.

Act 4 Scene 1:  12 months later The Online Insurance Group increases your price by $319 and you decide to call a fourth company. Round and round you go and where it stops no one knows, hence The Insurance Merry-Go-Round! ™

Are you looking for car insurance in Cincinnati? You have come to the right place. Pathway Insurance is one of the most advanced independent insurance agencies in Cincinnati. Call us at 513-662-7000, or you can request an online Cincinnati car insurance quote by clicking here.

Insurance Is About As Much Fun As Watching Paint Dry On The Ceiling.

Okay so I thought it was a catchy title but not necessarily such an interesting topic. The general opinion is that Insurance in Cincinnati is about as much fun as watching paint dry on the ceiling, and in most circumstances that consensus would probably be right.

Why Choose Pathway Insurance?

When looking for Insurance in Cincinnati you have many places to choose from, but what you don’t know about insurance can truly harm you financially.

My name is Jack Thomas and I manage an independent insurance agency in Cincinnati. I am an author, blogger and prolific writer. The honest truth is I love to write, educate, and occasionally display a bit of dry humor in reference to insurance. (Insurance is boring but it doesn’t have to be that way.) Currently I’m working on a book that will reveal some nasty little secrets that some insurance companies don’t want you to know about. I’ll share more about that in a future article.

You’re probably aware if you live in Ohio, Kentucky, or Indiana that you are required to maintain car insurance. Because of that fact consumers are under the general impression that insurance policies are all exactly the same. That could not be further from the truth!

How Do We Learn about Car Insurance in Cincinnati?

In reality insurance is a necessary evil but at the same time very much misunderstood. We learn about insurance by watching television commercials. Insurance companies tells us that we are paying too much for our car insurance in Cincinnati and they alone hold the key to our salvation to cheap car insurance rates. I call this the Insurance Merry-Go-Round™.  I’ll explain in my next article the exact details about the Insurance Merry-Go-Round™.

When people are looking for car insurance in Cincinnati, they might notice a similar insurance advertising theme that is running in the Ohio, Kentucky, and Indiana area where our agency actively offers insurance.

State Farm Insurance in Cincinnati, through their television advertisements tells us that they offer 40% discounts, Geico insurance tops on another 15%, Progressive tells us that they can save you hundreds, 21st Century Insurance in Cincinnati tells us that if you’re with Geico or Progressive you’re overpaying by hundreds.If you were to add up all the discounts and the rate savings your insurance should be free right?

Why Do These Insurance Companies in Cincinnati Make These Claims?

Insurance commercial dominate the television advertising market in Ohio and they likely dominate in your area as well, because it makes their phones ring, and because the insurance companies running those ads are making money hand over fist! Insurance is big business, and it’s profitable as well. You may not be aware of this but did you know that Warren Buffett owns Geico? He owns Geico insurance in Cincinnati because it’s an awesome investment!

So we see insurance commercials on television because companies are convincing us to buy their insurance policies raking in millions, and billions of dollars in new insurance premiums.

But is that all there is to insurance? The company offering the best price on insurance wins?

Let’s explore this a little bit more in my next article called, What Is The Insurance Merry-Go-Round™.

What type of Insurance Is Necessary for a Beauty Salon?

It depends on a number of factors including whether or not you lease or own the building in which your beauty salon is located. Also what type of services do you provide? A typical beauty salon may offer only styling, cutting, coloring, hair trimming an application of “Perms.” Other beauty salons may also offer manicures, cosmetic consulting, massage, tanning and permanent hair removal. So depending upon the services you offer will dictate what insurance is best for your beauty salon.

Specific Insurance for Beauty Salons That May Be Purchased

• General Liability Insurance For Beauty Salons – Coverage for injuries or property damage to customers.
• Products Liability Insurance For Beauty Salons – If you sell products to customers this coverage is a must.
• Professional Liability Insurance for Beauty Salons – If you are held liable because of a bad haircut, perm, or the transmission of disease, or lice!
• Crime Coverage for Beauty Salons – Coverage that protects your business from a variety of criminal activity and may include employee theft.
• Inland Marine – This coverage provides off premises coverage for your beauty salon equipment.
• Group Health Insurance for Beauty Salons – Independent contractors would not be eligible for group health insurance, but employees of your beauty salon would be eligible. Offering group health insurance in Ohio to retain valuable personnel makes good business sense in most instances. Click here for more information about group health insurance in Cincinnati.
• Group Disability and Life Insurance – Group disability insurance and group life insurance in Cincinnati is employee benefit that can help you to retain key employees.

Call 513-662-7000 for the Best Rates on Beauty Salon Insurance in Ohio

What Kind of Insurance for HVAC Business Is Necessary?

There are a number of different exposures that your business faces and some of the types of commercial insurance that your business may need are as follows:

• Commercial Liability Insurance for HVAC – This specific coverage protects your business from property damage or bodily injury that your business becomes liable for. For instance, let’s assume that your company installs a new furnace and air conditioning unit and your employee improperly installs the HVAC unit resulting in a fire that burns your customer’s house down. Assuming that you have not excluded products and completed operations coverage from your HVAC business insurance policy, damage to the home may be covered. (Damage to the HVAC unit will likely not be covered.)
• Commercial Automobile Insurance – Purchasing commercial automobile insurance may be necessary for your HVAC business. The reason why is because of a specific exclusion in the personal automobile insurance policy that prohibits business usage of vehicles. It is possible to package your commercial automobile insurance with your Ohio HVAC insurance policy.
• Inland Marine – This coverage complements your HVAC liability insurance plan as it provides coverage for tools, ladders, and other equipment that you own or rent, including materials that are transported to numerous job sites. Your business is best protected when you purchase this coverage.
• Group Health Insurance – Retaining your best employees often requires offering benefits to your workforce. Many small businesses offer group health insurance in Cincinnati to retain valuable personnel. Click here for more information about group health insurance in Cincinnati.
• Disability Insurance – Group disability insurance in Cincinnati can be offered on a short-term and long-term basis.

Call 513-662-7000 for the Best Rates on HVAC Insurance in Ohio

Besides extremely competitive commercial insurance in Cincinnati, The Hartford also offers a broad variety of low cost homeowners insurance in Cincinnati + automobile, and umbrella insurance.

New Ohio Homeowner’s Insurance Policy from Hartford Insurance 

A brand new homeowner’s insurance policy in Cincinnati is available through Hartford insurance called Home Advantage and Home Advantage Plus. Please note some of the new features of this homeowner’s insurance policy available through Hartford Insurance in Ohio.

The Hartford ID Restore Services, Green Rebuilding Coverage, Equipment Protection Advantage Coverage, Valuable Items Blanket Coverage, and One Deductible (applies only when written on the Auto with Home).

The Hartford ID Restore – The hardest part of dealing with an identity theft situation can be determining how to get started on restoring or protecting your identity. Customers of The Hartford receive free, unlimited access to The Hartford ID Hotline, and Identity Theft 911’s Resolution Center, where qualified fraud specialists will provide personal, one-on-one attention to questions or concerns about identity theft, fraud or the safety of your personal information. Identity Theft 911’s Fraud Specialists will help you take proactive steps to avoid becoming a victim of identity theft, or take you through the recovery process step by step and restore your peace of mind.

Green Rebuilding Coverage — Offers additional coverage for using environmentally-friendly materials or processes to make repairs after a covered loss or making necessary replacements with more energy-efficient or environmentally-friendly property.

Equipment Protection Advantage Coverage – For the repair or replacement of appliances, electronics and systems in your home that are subject to mechanical or electrical breakdown.

Valuable Items Blanket Coverage – Our Blanket Coverage is an easier way to protect higher-valued possessions without the added paperwork of scheduling or appraisals. Total available limits range from $10,000 to $50,000 depending on the category of valuables, including jewelry, watches, furs, silverware, fine arts, cameras, computers, musical instruments, china and crystal, and firearms. The maximum limit is $10,000 per item.

Call Pathway Insurance at 513-662-7000 for Insurance in Cincinnati

Why Did I Get a Rate Increase on My Insurance in Cincinnati? 

There isn’t a single insurance company in Cincinnati that could ever guarantee that they would never raise your rates on car or homeowners insurance. The reason why they would never make this promise to you as their policyholder is because they know they are going to raise your premium rates at some point in the future! That is a rock solid guarantee. (If an insurance agent in Cincinnati promises you that they won’t raise your rates, they are misleading you.)

Ok, I Played This Song before I Know I’m Going to Get a Rate Increase on My Insurance in Cincinnati. What Can I Do? 

The first thing that some people do when they get a rate increase on their insurance in Cincinnati is to call their agent and complain about the rate increase. If your agent is a captive insurance agent the only thing they can do in most cases is to recommend that you raise your deductible or eliminate coverage. (Such as going from full coverage to liability only on your car insurance.)

Captive Insurance Agents Cannot Shop around for New Insurance for You. 

A captive insurance agent is legally handcuffed by his insurance company. Even if he wanted to try to find a lower price for you, he is forbidden by his company to shop around for new rates with other companies.* (If an insurance agent is a captive agent and it is discovered that he is selling insurance through other companies that are not authorized they can be terminated by that company.)

You Only Have One Choice If You Get a Rate Increase on Your Insurance in Cincinnati and Your Agent Can’t Shop the Market for You. 

Even if you really like your insurance agent, but he sells insurance through a captive company he cannot shop the market for you. So you either need to pay the higher insurance premium, or you take your business elsewhere. That’s a big disadvantage to you as the insurance buyer.

It takes time and effort to shop around for insurance in Cincinnati. There are more than 500 different insurance companies that sell insurance in Ohio. How long would that take you to get 500 different insurance quotes? Trust me it would not be worth your time.

An Independent Insurance Agency in Cincinnati Can Shop the Market for Their Clients 

If you have your insurance with an independent insurance agency in Cincinnati, they can shop the market for you. While it is true that not all independent insurance agents shop around for their clients when they get a rate increase, our agency guarantees that we will shop around for you when you request a new quote.

*Full Disclosure: Some captive insurance companies allow their agents to sell products through other companies that they do not offer themselves, for instance if the company doesn’t sell health insurance they may allow their agents to sell health insurance through one of their recommended companies.

Is Boat Insurance Required in Ohio? 

It is not required by Ohio state law but it may be required if you obtain financing for your watercraft from your bank or finance company. It is an excellent idea to purchase boat insurance in Ohio due to the fact that you may be found legally responsible for injuries or property damage occurring due to boating accidents in Ohio.

What Is Covered on Boat Insurance Policies in Ohio? 

Personal watercraft policies in Ohio might include liability, uninsured boater’s coverage medical payments, physical damage coverage to the boat, motors, and trailer.

Will My Ohio Homeowners Insurance Cover My Boat? 

Great question, it really depends on the horsepower and length of your boat. In some cases a home insurance policy in Ohio will provide no more than $1,000 -$1,500 for physical damage coverage to the boat and liability coverage is restricted to boats that are 25 horse power or less and sailing vessels with or without auxiliary power less than 26 feet.

You need to check your homeowner’s insurance policy to determine if boats are covered for exact detail.

Lowest Price on Boat Insurance in Ohio Is Available Now 

The best place to purchase boat insurance in Ohio is from an independent insurance agency. The reason why is because independent insurance agents in Cincinnati are not restricted to one insurance company, they can shop for the best rates on watercraft insurance from a number of insurance companies.

Call Pathway Insurance at 513-662-7000 for the Best Boat Insurance Coverage in Ohio