EDISON BLOG

Camp Safely this Summer



Planning a summer camping vacation is a great option for creating lifelong memories. Florida is home to many great campsites. However, camping holds some dangers, and the safety of your family should be at the forefront of your camping experience. Here are a few safety tips you should consider before departing on your next camping trip:
 
Choose the right site: It is best to do some research on the site and surrounding areas of your campsite. Consider geographic limitations and the medical needs of your fellow campers, as limited amenities may be available on the campgrounds.

Be weather wise:  Before departing, be sure to check the forecast for the duration of your trip. It is also a good idea to pack some extra clothing and supplies in case the weather should change.

Pack Properly: Pack the proper clothing and footwear for the climate and terrain you will be traversing. Do not forget to pack the essentials for a trip outdoors including sunscreen, bug spray, and a first aid kit. Should you be partaking in activities such as a biking, kayaking, or boating,  remember to bring helmets, life-jackets, and other necessary gear.

Keep food safe: Bring plenty of food and water along with you on your camping trip. Keep your food in airtight waterproof bags to avoid contamination.  Be sure to pack your perishable foods in coolers, at safe temperatures.

Watch out for wildlife: A camping adventure in the wild means you may be surrounded by some animals which may be unfamiliar and dangerous. Keep your eye out for snakes, spiders, deer, bears, and more. A good rule of thumb is to keep your distance, and never approach a wild animal.
 
We hope you follow these tips to ensure your family camping trip is safe, healthy, and fun. Enjoy your adventure outdoors with your fellow campers this summer.
 
Edison Insurance Company has taken a bright and innovative approach to FL homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about us, or to get a personalized quote, call us at (866) 568-8922.

5 Boating Safely Tips for the Summer


 
Recreational boating is a fun activity for many families in the summer. An enjoyable boat outing can turn tragic if proper safety precautions are not taken. Even if you are an experienced boater, it is beneficial to review boating safety procedures each time you plot a day on the water to ensure safety is a top priority. Consider these 5 boating tips before departing:  
 

1. Watch the weather: Check your local weather conditions before departing. If you notice dark clouds or changing winds, make your way off the water.

 

2. Be an alert operator. If you are operating the boat, it is important to be familiar with the waters being navigated, and always maintain a safe speed. 

 

3. Wear, and make proper use of lifejackets.  Many boating fatalities can be prevented by using a lifejacket. Be sure to assign and fit each member onboard with a lifejacket prior to departure.  For more information on life jacket use, click here.


4. Avoid alcohol use.  A “BUI” is just as deadly as a “DUI”. The probability of being involved in a boating accident doubles when alcohol is involved. Avoid drinking alcohol on the boat, as it can increasingly impair your judgment.


5. Have a float plan. Advise a family member, friend, or a marina staff member staying on the shore of your trip itinerary, trip duration, and return plan.
 

We hope you keep these tips in mind before you plan your next boating trip. We also recommend looking at the Florida Fish and Wildlife Conservation Commission (FWC) website to make sure you are up to date with your local boating regulations and education. For more recreational boating safety tips, visit the U.S. Coast Guard website.  
 
 
As a Florida homeowner, it is important to protect your property should the unexpected occur. Sufficient insurance coverage to fit the needs of your family is available through Edison Insurance Company. Should you have any questions or concerns about your policy, contact your agent, or call us at 866-568-8922. 
 

5 Ways to Keep Your Home Safe While on Summer Vacation


Many families take advantage of the summer months while school is out to take their vacations. Aside from packing your bags and setting up your trip itinerary, you should also consider protecting your home and belongings while you are away. Consider these five tips before departing on vacation:
 
  1. Lock up: Before you depart, take a few moments to set your home security systems and double check all the doors and windows are closed and locked.
 
  1. Trust in a friend or neighbor:  Nothing says, “we are on vacation” more than mail piling up in your mailbox and on your front door. Have a trusted neighbor or friend nearby keep an eye on your home, and collect your mail while you are away.  Should you be gone for an extended period of time, you may want to contact the post office and stop your mail from being delivered until you have returned.
 
  1. Make your home look occupied: Making your home appear is one of the most effective ways to deter a burglar. Set lights on a timer both inside and outside to make it appear like someone is home. Mow the lawn right before you leave so it doesn’t grow too tall, as uncut grass will attract unwanted attention.
 
 
  1. Protect your valuables:  Reduce the chances of a theft by keeping your valuables in a safe location. Whether you choose to keep items in a lockbox, drawer, or safe be sure they are somewhere you can remember and track your home inventory.
 
  1. Avoid posting on social media: By posting vacation photos on social media, you are telling many you are out of town. Although it is tempting to post your vacation photos right away, it is recommended to wait until you have returned to protect your home and valuables.
 
 
Enjoy your well-deserved vacation, and in case the unfortunate occurs, you can rest assured Edison Insurance Company has you covered.
 
 
 Thank you for visiting our blog. The safety of you and your family is Edison Insurance Company’s top priority. For more information on homeowners insurance in Florida, or to get a quote, call us at 866-568-8922. 

3 Common Misconceptions about Flood Insurance

 
 
Floods can occur anytime and anywhere. In fact, they are the number one disaster in the United States. One of the most important things you can do to protect your possessions and assets is to purchase flood insurance.  Here are three common flood insurance misconceptions, and the truths you should know:
 
Misconception: Homeowners Insurance covers flood damage.
Truth:  A standard home, condo, or renter’s insurance policy does not cover flood damage. To be protected in the event of a flood, you must purchase flood insurance.  Homeowners Insurance may cover water damage, such as a hole in your roof or pipe leak, but will not cover flood-inducing risks such as storm surge or torrential rainfall. You would need to purchase flood insurance to protect your home from flood losses.
 
 Misconception: You must live in a high-risk flood plain to purchase flood insurance.
Truth: Every home, especially in Florida, is at some level of risk of flooding. Everyone should obtain flood insurance, regardless of their home’s level of risk. It only takes one inch of flood water to produce thousands of dollars in damages. According to FEMA, roughly 25% of all flood claims come from moderate to low risk areas.
 
Misconception: Flood insurance can only be purchased through the NFIP.
Truth: Flood Insurance can also be purchased through private carriers, like Edison Insurance Company.  Edison offers our policyholders flood coverage which is currently not offered through the NFIP, though a certified flood endorsement. Our flood endorsement is designed to cover your personal possessions to your selected coverage amount, and eliminates the need for a standalone flood insurance policy.  For more information, or to see if you are eligible for flood insurance with Edison Insurance Company, speak to your agent today.
 
 
 
The safety of you and your family is Edison Insurance Company’s top priority. Our mission is to provide quality coverage at competitive rates while providing exceptional service. For more information on homeowners insurance in Florida, or to get a quote, call us at 866-568-8922. 

Why You Need a Flood Preparedness Plan


 
Spring is here, bringing increased chances of rain and increasing a risk of flooding. Floods are unpredictable and cause billions of dollars in damages, more than any other natural disaster. The safety of your family should be your top priority in the event of a flood therefore, it is important you have a flood preparedness plan. Here are a few other additional reasons why you need a flood plan in place:
 
Floods can occur at any time.

 “April showers bring May flowers”, but floods can occur at any time of the year. It can only take one heavy rainstorm to cause serious flooding, resulting in thousands of dollars in damages.
 
Hurricane Season

Hurricanes and Tropical Storms can produce inches of rain and storm surge, which is a leading cause of flooding. As we saw during the 2017 Hurricane Season, flooding was a leading cause of damage resulting in billions of dollars in losses. After Hurricane Harvey’s unprecedented flooding, CoreLogic estimates the total residential (insured and uninsured) flood losses to range between $25 to $37 billion. Hurricane Irma also brought its fair share of flooding damage to Florida and surrounding states, causing $25-$38 billion dollars in residential flood losses, according to CoreLogic.
 
You do not have to live in a flood zone to experience flood damage.

Just because you have not experienced a flood before, does not mean you never will. In fact, roughly 25% of all flood claims are from areas with a moderate to low risk of flooding. Although Florida is nicknamed the “Sunshine State”, we are especially prone to experience flooding.  If you would like to learn more about your home’s flood risk, contact your agent, or use FEMA’s Flood Map Tool.
 

 
Developing your flood preparedness plan

Take measures to protect your family, property, and yourself in the event of a flood by considering these tips:
  • Have a family evacuation plan.
  • Keep an emergency kit full of provisions.
  • Secure your valuables and documents in a waterproof container.
  • Purchase flood insurance.
 
Flood coverage is not included in a standard homeowners insurance policy. Edison Insurance Company offers a certified flood endorsement to qualifying policyholders, eliminating the need for a standalone flood insurance policy. Speak with your agent to make sure your home and possessions are covered in the event of a flood.
 
For more flood preparedness tips, click here.
 
 
The safety of you and your family is Edison Insurance Company’s top priority. Our mission is to provide quality coverage at competitive rates while providing exceptional service. For more information on homeowners insurance in Florida, or to get a quote, call us at 866-568-8922. 
 

What about my Personal Belongings?



The items we accumulate over time are very important to us. Personal belongings such as furniture, jewelry, sports equipment, clothing, etc. may be covered if stolen or destroyed in a disaster. The coverage extends to the limit you have selected on your policy under Coverage C. Typically, additional limits exist on specialty items such as jewelry, furs, and artwork, therefore, it is beneficial to keep a home inventory, photos of your items, and receipts in case you should ever need to file a claim.
 
Creating a home inventory is one of the most important lists you can prepare as a responsible homeowner. Start your home’s inventory by creating a list of your belongings and their estimated value, and noting the make and model number of your high-priced items. Be sure to update your inventory annually to add new items you may have received throughout the year.
 
 
Limits are typically set at the time a policy is purchased and based on the replacement cost of the home. Edison Insurance Company also offers premium packages should you require increased limits for your belongings. To add coverage, contact your agent.
 
 
 
Edison Insurance Company has taken a bright and innovative approach to FL homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about us, or to get a personalized quote, call us at (866) 568-8922.

What a Homeowners Policy Typically Covers





 A typical homeowners policy from Edison Insurance Company provides coverage in the event an unexpected (sudden and accidental) loss occurs due to; fire, lightning, vandalism, theft, liability, and hurricanes. Damage suffered to the home due to poor, or lack of maintenance, is not covered by a homeowners insurance policy.  Keeping up with yearly maintenance is the key to a safe and happy home.

Additional coverage options are available through most carriers, for things such as dog bites via Animal Liability coverage, jewelry, and furs, screen enclosures, flood coverage, etc. One important coverage often overlooked is flood.  Flood coverage is typically not included in your homeowners insurance policy, however, Edison Insurance Company offers an endorsement to qualifying homes which allows the addition of this protection.
 
Flooding is the number one disaster in the United States, causing millions of dollars in damages each year. Fortunately, Edison’s flood endorsement can provide you with peace of mind should an unexpected flood occur. Our flood endorsement is designed to cover your personal possessions up to your selected coverage amount and eliminates the need for a standalone flood insurance policy. Should your property not qualify for Edison Insurance Company’s flood endorsement, speak to with your agent about obtaining flood coverage through the Nation Flood Insurance Program (NFIP).
 
 
 
As a Florida homeowner, it is important to protect your property should the unexpected occur. Sufficient insurance coverage to fit the needs of your family is available through Edison Insurance Company. Should you have any questions or concerns about your policy, contact your agent, or call us at 866-568-8922. 

What is a Covered Loss?



 

Your homeowners insurance policy consists of coverages which may help in repairing or replacing your home and belongings should they be damaged by certain perils, such as a windstorm, fire, or theft. Each insurance policy is different, and it is imperative you understand what your policy covers in the event of a loss.
 
The easiest way to determine the difference between a covered loss and a maintenance related issue is to remember the general principles which govern an auto insurance policy. Auto carriers provide coverage in the in event of an unexpected or accidental event, not the general wear and tear associated with daily use such as; tires, brakes, and oil changes. For instances, should a pipe in your home leak for months, resulting in major water damage, the loss will not be considered a covered loss, as it was not accidental or unexpected.
 
In many cases, taking measures to prevent further damage can save you time, effort, and money. Take some time to inspect your home and make repairs to effectively prevent further damage. Should you wish not to partake in routine maintenance yourself, several companies offer maintenance repair contracts for your home and appliances.
 
Remember, your homeowners insurance carrier may deny a claim if damages were caused by lack of maintenance or wear and tear. Therefore, it is crucial for you to report damage to your property the moment it presents itself and to not wait until the problem becomes worse. Should a claim arise, report it to Edison Insurance Company immediately by calling 888-683-7971.
 
 
 
The safety of you and your family is Edison Insurance Company’s top priority. Our mission is to provide quality coverage at competitive rates while providing exceptional service. For more information on homeowners insurance in Florida, or to get a quote, call us at 866-568-8922. 

Daylight Saving Time Begins on March 11th



 

At 2:00 a.m. on March 11th, 2018, the clocks will spring forward 1 hour to mark the beginning of Daylight Saving Time. Although it may not seem like much, losing the extra hour of sleep can alter your routine and sleeping patterns. Consider these simple tips to “spring forward” easily into daylight saving time this year:
 
  • Go to bed a little earlier than usual to adjust to the time difference.
 
  • Do not forget to set your alarms, as your body’s clock may be a little off.
 
  • Eat meals at your normal scheduled time to help your body adjust to the time change quicker.
 
  • Cut your caffeine intake in the afternoon and at night to fall asleep earlier.
 
  • Stay alert on the roads, as many drivers will be adjusting to the time change as well. Sleep deprivation can lead to an increase in traffic accidents.
 
Use the extra daylight to perform occasional tasks such as changing the batteries in your smoke and carbon monoxide detectors around the house.



Edison Insurance Company has taken a bright and innovative approach to FL homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about us, or to get a personalized quote, please call (866) 568-8922.
 

Understanding Your Home’s Worth


 
Have you ever wondered what your home is worth? Nearly all homeowners know what they paid for their home, but this does not always translate to the amount it will cost to rebuild the home.  The cost to rebuild is the true value of your home and will guide you when obtaining the proper coverage for your home.
 

What is the difference between Market Value and Replacement Costs?

Estimating the market value of your home is necessary for financing, investment purposes, and sales listing.  Many homeowners keep track of changes in the market value of their home whether they are selling or staying. Often times, homeowners will hire a professional appraiser, or do their own research online.

There are several benefits to knowing the value of your home such as, when you are considering refinancing, making home improvements, renting, or selling your home.
 

Understanding the cost of rebuilding your home is completely different.  The market value of a home is dictated by completely different variables than the ones dictating the cost to rebuild your home.  These factors also influence your homeowners insurance coverage and premium.


Replacement costs are based on the material and labor costs associated with rebuilding or replacing your property. When insuring your home, your dwelling coverage should equal the cost of replacing your home in the event of a total loss, at today’s labor and construction prices. Speak with your Edison Insurance agent if you have questions about your insurance limits. Remember, when making coverage decisions, you should consider selecting coverages which will provide you enough protection to rebuild your home at today's cost. 
 


Keeping your family and home safe and protected is Edison Home Insurance Company’s number one priority. We have taken a bright and innovative approach to FL homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. To learn more about Edison Insurance Company, or to get a personalized quote, click here.