Thursday, April 10, 2014

New agent joins David Yates Insurance Agency staff...

I'm pleased to welcome Sales Service Representative Wendy Martin to my agency. She is a fully licensed Property & Casualty agent, offering full support for our existing and prospective clients' auto, home, and commercial insurance needs.

Wendy MartinWendy is a capable professional who genuinely cares about her clients. Her commitment to details and above-and-beyond customer service has won her friends and fans in several industries.

I think you will appreciate Wendy's warm personality, too, in addition to her insurance knowledge. She is committed, as I am, to giving you the attention you deserve and assuring we are there to understand and meet your changing needs, now and in the future.

Please stop by our office or give us a call any time. We'd love to hear from you!

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

 

Monday, March 24, 2014

Free Child ID fingerprint kits available

Come on over to the soccer fields on Downs Blvd in Franklin TN this Saturday, March 29, 2014, and I’ll give you a free Child ID fingerprint kit. For the eighth straight year, in addition to being a team sponsor, I’ll be handing out free Child ID Kits to parents at the Williamson County Soccer Association (WCSA) picture day from 7:00 a.m. – 1:00 p.m.. I’ll have a booth set up at the entrance of the indoor soccer arena at 1878 Downs Boulevard, Franklin TN 37064. It’s also where WCSA soccer teams will have their team pictures taken, starting at 7:30 a.m. Hope you can stop by! If you can’t make it on Saturday, but still want one or more a Child ID fingerprint kits, please call or stop by my office, and we’ll be glad to give them to you.

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

Friday, February 14, 2014

Don't wait until after a fire or tornado to learn if your home insurance will pay enough...

What would it cost to re-build your home in the event of a Make sure your insurance is up to the task to completely rebuild.catastrophe? Does your insurance provide enough?

When you sign up for a home insurance policy, your insurance agent asks you for details about the house. What's your square footage, how many full and half bathrooms, what size is the garage, what kind of flooring you have, is there a basement, is it finished or unfinished, and the list goes on!

It may seem nosey, but it's really so the agent and insurance company can accurately calculate a "Reconstruction Cost Estimate" -- what the insurance company thinks it would cost for a contractor re-build your house, as it was before. With your input, this amount eventually becomes the "Dwelling" limit on your policy, meaning the maximum amount of rebuilding dollars your policy will pay to rebuild in the event of a covered claim.

Though you can't decrease this amount, you can increase it, if you think your home warrants it. Ultimately, approving the Dwelling amount is your responsibility.

What's a good amount to have? Well, here in Franklin, Brentwood, and surrounding areas, a good rule-of-thumb for a majority of homes is anywhere from $95 per square foot to $130 per square foot.

It's a pretty good bet that you can rely on the agent's and insurance company's expertise to come up with an accurate Dwelling amount. But you should have your own figure in mind, too. How you determine it is up to you, but you should consider data from the local tax assessor, and input from experts in the construction industry. I do this, and more, as part of my due diligence when calculating the Dwelling amounts for customers and prospective customers.

Here's a couple of watch-outs: Do not rely on using the sales price of the home, or the value from an online home price estimating website. One reason is that the value of your land is included, and, of course, land isn't insured by your home policy. Another reason is that sales prices and online estimating websites don't necessarily reflect actual, current construction costs, as they change throughout the year.

Having your own idea about what it would cost to rebuild your home will help make your conversations with your agent that much more productive, and ensure your home is properly covered.

 

David Yates – Farmers Insurance

1881 General George Patton Dr., Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

 

Thursday, January 9, 2014

Prevent your pipes from freezing…

We’ve had many homes with bursting pipes in the past few days here in Middle Tennessee. Every winter, the pipes in your home are at risk of damage from freezing conditions.  Here are ways to avoid the problems before they can begin…

* Disconnect all gardening hoses.

* Most outside faucets have an interior shut of valve. Close this line at the shutoff valve.

* Keep your house temperature at 68 degrees or higher, even if you're leaving the house for an extended period of time.

* Open cabinet doors below sinks to allow heat from the home to circulate.

* Identify the location of the main water valve and the valve on your water heater. (Learning the location of these valves may come in handy during an emergency.)

* Wrap pipes nearest exterior walls and in crawl spaces with pipe insulation or with heating tape. This can prevent freezing, especially for interior pipes that run along outside walls.  Also insulate any exposed pipes in the attic.

* Close all windows near water pipes; cover or close open-air vents. Freezing temperatures combined with wind drafts can cause pipes to freeze more frequently.

* Heat your basement and consider weather sealing your windows.

* Insulate outside walls and unheated areas of your home.

* If you plan to be away from home for an extended period during the winter months, shut off the main water supply valve. Then open up the faucets and allow the water in the lines to drain out.

Monitor Freezing Pipe Conditions

* Allow a faucet to drip slightly (lukewarm water) in order to minimize freezing.

* The first sign of freezing is reduced water flow from a faucet.

* Check your faucets for water flow and pressure before you go to sleep and when you wake up.

* Check pipes around your water meter, in unheated areas, near exterior walls, in crawl spaces and attics.

* Identify cold air drafts coming in from a flue or chimney chase and caulk any gaps near pipes. 

If a Pipe Freezes

* If a faucet or pipe inside your house freezes, you can thaw it using a good hair dryer. (For safety purposes, avoid operating a hair dryer around standing water.)

* To thaw a frozen pipe, heat water on the stove, soak towels in the hot water and wrap them around cold sections of the pipes.

* When thawing a pipe, start thawing it nearest to the faucet. Make sure the faucet is turned on so that melted water can drip out. 

If a Pipe Bursts 

* Shut off water at the main valve. Make sure everyone in your family knows where the water shut-off valve is and how to open and close it.

* If the break is in a hot water pipe, the valve on top of the water heater should be closed.

* Call a plumber. Keep an emergency number nearby for quick access.

* Call your insurance company’s claims office

 

Here’s hoping you and your home’s pipes stay warm this winter!

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

 

 

Tuesday, January 7, 2014

Am I shielded from a lawsuit if my teenager has their car and insurance in their name?

I’ve had lots of anxious parents in Franklin TN and Brentwood TN ask if they can avoid liability for an accident if they simply have their live-at-home child get insurance in their own name, particularly if they own their own vehicle. Are the parents’ assets then protected?

The answer is NO.You're still on the hook for your child -- until they're truly on their own.

As long as your son or daughter is financially supported by you, they’re tied to you, liability-wise, even with an auto policy in their name. That’s the consensus from all the insurance adjustors, underwriters and attorneys I’ve spoken with over the years. And that’s one of the first things a car accident lawyer will look at in putting together a lawsuit strategy against you. Of course, anything could happen in court, but the odds would definitely be stacked against you.

Even if you had the foresight to purchase an umbrella policy with extra liability coverage, your son or daughter won’t be included on it if they’re not listed on your policy.

You’re only truly safe once he or she is out of school, not a tax dependent on your return, is living on their own at a different address, and has the car in their name.

Sorry to break this news to you, fellow parents, but at least we’re all in the same boat!

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

 

Tuesday, November 12, 2013

One of the smartest things you can do before you buy your next car or truck…

So you’ve found the perfect vehicle. It fits your needs, as well as your budget. Call your insurance agent before you buy your next car or truck to see how it will impact your rates.Ready to make the deal? Hold on…one more item to check out. Call your insurance agent. No, not so they can say, “great deal!’, but to pre-check what the cost of insurance will be for your new ride, and how it compares to your current car or truck’s insurance cost.  Give them the vehicle identification number (VIN), if possible, so they can give you a firm price. You might be pleasantly surprised – or totally shocked.

I’ve seen it all…

Sometimes, brand-new cars are actually cheaper to insure than older cars, and sometimes quite the opposite!

A certain year and model of a respected car maker has poor Insurance Institute for Highway Safety crash test results and costs twice as much to insure as the same model – one year newer – after a re-design.

A 4-cylinder version of a certain popular model costs quite a bit more to insure than a 6-cylinder version of the same car!

You don’t necessarily know all these things when you go to haggle with a dealer or private seller. But now you know who you can turn to for help before you seal the deal, potentially saving you hundreds and hundreds of dollars.

Don’t let the excitement of buying a car or truck be ruined by an unexpectedly higher bill from your insurance company after the fact. Let me know if I can help you with your research.

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816  Fax 615-778-1817

 

Tuesday, October 22, 2013

On the road again -- Frisky deer make for risky driving…

Seen more deer out and about while you’re driving these days? There’s a good reason – we’re reaching the peak of the deer mating season here in Franklin TN, and all of Middle Tennessee. Which reminds us that we need to watch out for these beautiful creatures while driving. Watch out for those deer!

November is traditionally has the highest number of deer-related auto crashes in Williamson and Davidson counties. It’s a year-round issue, really. In fact, last year, Williamson County TN was tied for second of all Tennessee counties for the number of deer-auto crashes. Montgomery County had the highest number. These numbers are holding so far, this year, according to the Tennessee Department of Safety and Homeland Security.

 

Stay safe with these tips:

-- Keep a sharp eye out for deer, especially during their busy mating season --  now.

-- When you see one deer crossing the road, there are likely more to follow soon, so go slow.

-- Dawn and dusk is prime time for deer to appear, coinciding with commuters’ drive times, so be especially aware at these hours.

-- Don’t swerve to avoid a deer; you could make it an even more serious accident.

It’s also a good idea not to stop in the middle of the road to take pictures of deer that you see as you drive, as I recently came upon someone doing exactly that, after I had come around a curve!

 

David Yates Insurance Agency

1881 General George Patton Dr, Suite 103

Franklin, TN 37067

Phone 615-778-1816 Fax 615-778-1817