WV Farm Bureau Magazine September 2014 | Page 25

Are You Covered? Dave Lawson Wood County Farm Bureau A recent storm (according to the Weather Bureau, a Micro Burst wind storm) in Wood County made many people aware that they know very little about what their insurance covers. Most people buy insurance for their house, automobile or farm, receive a policy and never read it. Even if they read the policy, the average person still does not know exactly what it covers. When do you find out what it covers or does not cover? When you need it the most! I am sure policies vary from insurance companies of different brands. Policies can have add-ons or endorsements for many things. I am going to list some questions that came up in conversations I had following the storm, and I am sure you will come up with additional questions. Questions you should ask your agent • Is my tractor and equipment covered, and are the loader and forks covered? • Do I need Inland Marine insurance? • If a tree falls on my house – What is covered on my house? What is covered in my yard? What is covered to remove trees? What is covered on my neighbor’s house or yard or auto, etc? Will the tree be replaced, and will other yard plantings and fences be taken care of? • Are 4-wheelers covered? • Are animals covered? • Is hay storage and hay covered? • Does my policy provide for temporary lodging if needed? • Do I have coverage for new additions? • When should I, or should I not, make a claim? • How do I decide what deductible is best for me? • What is a reasonable amount of time to see an insurance adjuster after I have damage? (The next day, several days, a week?) What do I do while I wait for an adjuster? • Do I have sewer and drain back-up coverage? • Will my insurance pay for labor and equipment to get the mess cleaned up before the adjuster gets there? Chippers, hauling debris, etc. Tree removal and brush clean-up – how much for both? Most people haven’t used their insurance for years. They just pay the insurance bills and hope they never will need it. But if you do need it, you need to know the answers. Call your insurance agent, invite him or her to come to see you. Bake some cookies and make some coffee or tea, and have your questions ready. You pay for his or her service. This is also their opportunity to tell you what products cover your needs. This is important – do not wait. I am calling my agent. Please call yours. PS: (1). If you have information on any topic that could help your fellow Farm Bureau members, write an article and send it to WV Farm Bureau. West Virginia Farm Bureau News is our magazine – don’t be afraid to use it. (2). Thanks to all our Nationwide agents who do many things to help Farm Bureau, both in time of real need and for programs, etc. (3). Thanks Jay Jones, Nationwide agent, for items provided for our Safety Day in Wood County. West Virginia Farm Bureau News 25