Central Valley News
June 2013
Brought to you by: CIG Central Valley Insurance Agency & Central Sequoia Ins & Fin Services LLC
The Meaning of Independence Day We all know that On July 4, 1776 legal separation of the original thirteen colonies from Great Britain was declared. However, what everyone doesn’t know is that John Adams had written a letter to his wife Abigail, foreseeing the importance this act would have on the country from then on. The letter read, “I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival. It ought to be commemorated, as the Day of Deliverance by solemn Acts of Devotion to God Almighty. It ought to be solemnized with Pomp and Parade, with Shews, Games, Sports, Guns, Bells, Bonfires and Illuminations from one End of this Continent to the other from this Time forward forever more.” Unfortunately, his prediction was off by two days. Nowadays, Independence Day is celebrated with fireworks, barbecues and political heads attending public events. Military bases even show their appreciation for this day by performing what is known as a “salute to the union,” by firing a gun for each state in the Americas at noon on July 4. Many traditions have developed over the years as a way for people to join together and celebrate this memorable day. Some of these traditions include the Bristol Fourth of July Parade held in Bristol, Rhode Island which has survived since 1785. Another major tradition involves the Nathan’s Hot Dog Eating Contest in Coney Island, which was developed on Independence Day in 1916 by four men fighting to prove who was the most patriotic. People all over the country unite on this day to remember how lucky we are to have our freedom, and to honor the military for continuing to fight for it. This day goes out to all of the soldiers who are facing the independence war everyday and to those who have lost their lives for it.
What a Team!
It’s Vacation Time: Does Your Insurance Cover Rental Cars? So you’re going on vacation. Great! But don’t forget, if you’re renting a car, you still need insurance protection. Don’t wait to get to the checkout counter to think about coverage; you may be pressured into purchasing unnecessary rental insurance. If you have comprehensive auto insurance, you might already have car rental coverage, but there could be stipulations. Play it safe; check your personal policy first. Insurance companies may provide rental coverage only up to a certain amount. If the rental car is totaled, your policy may only reimburse the rental company for actual cash value. Many rental car contracts state that reimbursement should be for the full retail value. While you’re reviewing contracts, ask your insurance agent if possible loss of use is covered. If your insurance policy includes a Use of Non-Owned Cars endorsement, you should be covered, but it’s important to know the coverage limits. If the rental company makes a claim for diminished value, your personal policy will not cover this. Driver coverage is an important consideration, especially if you’re traveling out of town. Anyone listed on your policy should be covered, but for others be sure to check first. If you’re traveling abroad and don’t have a comprehensive policy or a high deductible plan, you may need additional coverage. Many agencies require a credit card for purchase and, depending on the card, your rental may be covered. If not, bite the bullet and purchase the rental insurance.
Our agency was a sponsor for the Tulare County Association of Realtors’ Picnic this year. The above group participated in the volleyball tournament. From the left, Katie Oliver, Scott Bosler, Annie Bosler, Ryan Jennings, Mark Jennings, John Bueno and Jon Oliver. They had much more fun than success. Page 1
It’s better to be safe than sorry, especially on vacation.