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Stay Safe on the Roads This Winter

Post author:Mark Kofalt
Post published:February 3, 2021
Post category:Personal/Family

During the winter months, driving conditions can become hazardous as the weather gets less predictable. In extreme conditions, it is better to stay off the roads altogether; however, this is not always possible. There are several essential steps you can take to reduce your risk. Know your vehicle You need to be aware of what conditions your car can safely handle. You may have anti-lock brakes, all-wheel drive and all-weather tires, but while all of these features are valuable, don't be fooled into thinking your vehicle is accident-proof in bad weather. Becoming too confident in your vehicle's ability to respond…

How to Prevent Frozen Pipes During the Winter

Post author:Mark Kofalt
Post published:January 27, 2021
Post category:Personal/Family

Every winter, about 250,000 households find themselves with messes from pipes that freeze and burst. In addition to erupting and filling a room with water, a burst pipe can cause thousands of dollars in damage. Carpeting, photos, furniture and other belongings can be permanently damaged to the point they need to be replaced. A crack measuring only 3 millimeters can spew as much as 250 gallons of water into a person's home in just one day. Fortunately, there are several steps that you can take to protect pipes and avoid the hassles associated with bursts: Bundle up the pipes. Use…

Why Everyone Needs Life Insurance

Post author:Mark Kofalt
Post published:January 20, 2021
Post category:Personal/Family Senior Care

People who are considering life insurance usually debate whether they need it or not. If anyone will suffer financially after a person's death, that person should have life insurance. This death benefit is meant to help surviving family members or dependents cope with the financial difficulties of losing the deceased's income and paying for final expenses. Life insurance isn't subject to federal income tax. In order to determine how much life coverage to buy, it's important to consider what surviving loved ones would need if death occurred suddenly. Be sure to consider monthly living expenses, debts and final expenses when…

Five Tips for a Safer New Year for Your Family

Post author:Mark Kofalt
Post published:January 6, 2021
Post category:Personal/Family

As we ring in the New Year, one of your resolutions for the year should be to improve safety for you and your family. There are many things we can all do better in terms of ensuring that we are safe and that our home and valuables are protected. This year we offer up these five actions you can take to reduce the chances of one of your family members or a house guest getting hurt, and to see your possessions are well protected. Remember too that after the New Year, robbers are on the prowl, looking for opportunities to…

Losing Everything Due to Inadequate Auto Liability Coverage

Post author:Mark Kofalt
Post published:December 30, 2020
Post category:Personal/Family

All states set minimum coverage levels for drivers, but if you are involved in a serious accident, minimal coverage may not get you off the hook for the full extent of damages. Your state's goal is to make the required insurance affordable, but in many cases the established minimum coverage is not adequate to cover the liability costs if you are found to be at fault in a costly accident. Even limits that are several tiers above the minimum may not be adequate for some drivers, because once those limits are exhausted, any remaining damages must be paid out of…

Fewer Medicare Advantage Plans Receive High-Quality Ratings

Post author:Mark Kofalt
Post published:November 25, 2020
Post category:Personal/Family Senior Care

There are fewer Medicare Advantage plans receiving high-quality ratings for their 2021 offerings than for this year's. The Centers for Medicare and Medicaid Services has reported that 49% of 400 Advantage plans with prescription drug coverage received four stars or more (the maximum is five), compared to 52% in 2020. Also, there are fewer people enrolled in plans that will have four or five stars in 2021. The star ratings measure the quality of service enrollees receive and are based on actual experience of seniors with their plans. The CMS rates Medicare Part C plans according to hundreds of specific…