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ARTOBER in Nashville

ARTS. EVERYWHERE.

Artober Nashville is a month-long celebration of the arts in Music City. Artober Nashville celebrations include hundreds of events in visual and performing arts, music, theatre, dance, craft, film, and more. Just take a look at some of the upcoming events during Artober in Nashville. Visit artobernashville.com for more events happening during Artober in Nashville.

 

AmeriAgency Loves the Arts! Hope you enjoy this special event in Nashville!

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AmeriAgency Inc

615-209-9362

Fall Festivals You Won’t Want to Miss!

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MUSICIANS CORNER – SEPTEMBER-OCTOBER

The fall performances of Musicians Corner take place each Saturday in September and October at Centennial Park. This FREE, family-friendly event is open to the public with musical performances from 1:30 to 5pm.

CHEEKWOOD HARVEST – SEPTEMBER-OCTOBER

Celebrate fall during Cheekwood Harvest. Enjoy viewing more than 5,000 chrysanthemums in deep autumn as hues will take center stage in the gorgeous Robertson Ellis Color Garden. Stop by to see the Scarecrows invading their Turner Seasons Garden. Or pick the perfect pumpkin from their patch!

TENNESSEE VOLKSFEST – SEPTEMBER

Enjoy the tradition and tastes of Munich, Germany in the heart of Nashville. The Tennessee Volksfest features German food, beer, automobiles, a family fun zone, live music, and more. The festivities take place in East Nashville at East Park. Also, the event is FREE and open to the public so there is no excuse on why you can’t go!

TENNESSEE CRAFT FAIR – SEPTEMBER

Hundreds of Tennessee Craft artists showcase their handmade treasures on the lawn of Centennial Park this fall for thousands of guests looking for that one-of-a-kind piece.

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AmeriAgency Inc

615-209-9362

Insurance Rates and the Law of Large Numbers: Making Sense of the Math

The law of large numbers is a statistical concept that relates to probability. It is one of the factors insurance companies use to determine their rates.

The Law of Large Numbers Defined

There are several ways to explain the law of large numbers. Unfortunately, they are all rather convoluted and confusing. Basically, the law of large numbers means that the larger the number of units that are individually exposed to an event, the greater the likelihood that the actual results of that exposure will equal the expected results.

In Layman’s Terms

The Law of Large Numbers Defined using eggs as an exampleLet’s try to understand the law of large numbers from a different angle, using eggs as an example. Say that for every three-dozen eggs sold by a grocer, an average of one of those eggs is cracked. Therefore, we expect that every time we buy three-dozen eggs, it is likely (though not guaranteed) we will find one cracked one. The more eggs we buy, the more likely this is. If we buy 12-dozen eggs, the likelihood that one for every three-dozen will be cracked increases. If we buy 18-dozen eggs, the likelihood that one for every three-dozen will be cracked increases even more. The more eggs we deal with, the more likely we are to find that one out of every three-dozen is cracked!

How the Law of Large Numbers Relates to Insurance

Insurance companies use the law of large numbers to lessen their own risk of loss by pooling a large enough number of people together in an insured group. The size of the pool corresponds to the predictability of the losses, just like the more eggs we deal with, the more likely we are to know how many will be cracked.

For example, an auto insurance company may record and study the number of accidents caused by a very large population of 18-year-old males. They will be able to predict how many 18-year-old males will cause an accident in a given year. They will know that in a given year there is a high probability that X number of 18-year-old males will cause an accident. Knowing this, they partially can determine how much an 18-year-old male should pay for auto insurance (excluding other factors, such as the type of vehicle, region where the driver resides, etc.) This is how the law of large numbers helps insurance providers determine their rates, and why the rates vary from one type of individual to another.

Call or click to start saving on auto insurance – AmeriAgency  615-209-9362.

Insurance We Don’t Think of as Insurance

Most of us in Tennessee have insurance for our homescars or businesses. We know life insurance is part of any good financial plan and health insurance can protect us from catastrophic medical bills. But there are a few other programs that we come in contact with – we don’t usually think of these programs as insurance, but they are.

Social Security

Social Security is a form of social insurance that began when Franklin D. Roosevelt was president. Its purpose was to improve poverty rates among senior citizens, which, during the Great Depression of the 1930s, exceeded 50 percent. Today, Social Security benefits people of all ages. In 2010, it functioned to lift over 20 million people out of poverty. Those people included: over 1 million children; over 5 million non-elderly adults; over 13 million adults over the age of 65. In that year, the poverty rate among senior citizens decreased from 44 percent to a mere 9 percent. If you haven’t already benefitted from Social Security, chances are you will when you reach age 65.

Workers’ Compensation

Workers’ Compensation is another form of social insurance that serves to protect working people from losing money due to injuries sustained on the job, which may cause them to have to miss work, sometimes for lengthy periods. If a construction worker, who relies on his job to feed his family, gets hurt while building a house, workers’ compensation keeps his wages coming and covers his medical expenses, so neither he nor his loved ones will suffer unduly. In 2010, workers’ compensation helped 128,000 people stay out of poverty.

Unemployment Compensation

Unemployment compensation insurance works to assist those who have lost their jobs and are actively seeking new employment. This form of social insurance makes a big difference in the lives of those who have been unexpectedly laid off, often due to the fact that many corporations are scaling down in order to cut costs. Unemployment insurance makes it possible for those who have lost their jobs to continue to eat, pay rent, and cover other living expenses while trying to get back into the workforce. You may be a stellar employee who does everything right, but if your employer can no longer afford to pay your salary and you are let go, it can be comforting to know you’ll still have some money coming in until you land a new position elsewhere.

For more information, call AmeriAgency today at 615-209-9362.

Umbrella Insurance for Tennessee Residents – Added Protection When You Need It

Interested in learning more about umbrella insurance?

girl-person-human-childSometimes, what appears to be an impenetrably solid roof above your head actually has little openings through which the rain can leak. The same is true of some car insurance and homeowner’s insurance policies; they can appear to provide sufficient coverage, but, in the event of an accident of some sort, you may find yourself drowning in debt. To avoid getting soaked by surprising expenses, use an umbrella; umbrella insurance, that is.

What is Umbrella Insurance?

Umbrella insurance is a term for insurance that sits “over the top” of your auto and homeowner’s insurance policies. It supplements your existing policies and provides increased protection to your current assets as well as your future income. Unlike pure “excess insurance,” which kicks into gear only after all the underlying insurance policies have been exhausted, umbrella insurance can also fill in any gaps in coverage between other insurance policies.

How Much is Umbrella Insurance Worth?

Most umbrella insurance policies are sold in increments of one million dollars. A one million dollar umbrella insurance policy, coupled with an already-existing auto insurance policy with a $300,000 liability limit, will afford $1,300,000 liability coverage in most auto liability situations.

What Type of Coverage Does Umbrella Insurance Offer?

Umbrella insurance is a liability coverage, which means that if any mishap has been deemed your fault or responsibility, the liability insurance will cover expenses that would otherwise have to come out of your pocket. Umbrella insurance can come in handy in all kinds of situations, including the following:

  • You are found to be at fault in a car accident on a residential street that results in a fire causing $800,000 worth of damage to a home. Your auto insurance policy has a $100,000 liability limit. The umbrella insurance, which you have obtained in a one million dollar increment, would take care of the remaining $700,000.*
  • You host a party at your own home and a guest falls down some crooked stairs. His medical bills amount to $700,000, and you are liable. Since your homeowner’s insurance policy has a liability limit of just $500,000, your umbrella insurance opens up to take care of the extra $200,000. *
  • You’re at fault in a car wreck with a woman whose injuries prevent her from ever returning to work. A jury decides to compensate her with $3 million, all of which is supposed to come from you. Fortunately, you’ve purchased five million dollars worth of umbrella insurance, which means you get to hold on to your paychecks, your home, your car, and all your other assets.

How Much Does Umbrella Insurance Cost?

Think umbrella insurance is an exorbitant form of added security that only the wealthy can afford? Think again. It’s actually quite affordable, costing as little as $150 annually for the first million dollars in coverage.

Call AmeriAgency at 615-209-9362 for an umbrella policy. 

*All umbrella policies have limitations and exclusions. The examples here do not supersede insurance policy language. If you have umbrella insurance, you should check the policy language or check with your insurance agents for any applicable limitations or exclusions.

Contractor Caution: Smart Tips to Avoid Getting Burned

Contractors are people, too. What does that mean? Well, even though they may have licenses and many years of experience in their profession, they are fallible. There are good ones and bad ones. Some are ethical and honest, while others seem to be missing a conscience. Just as you would be careful about choosing a nanny, a personal accountant, or a used car salesman, so should you use caution in selecting a contractor before you begin that home building project, renovation, or repair. Here are some good tips to avoid getting taken for a ride:
  • building-joy-planning-plansDo your research. The Internet is a great place to find consumer reviews of anything and everything, including contractors. Pay attention to what others have said about their experiences with contractors in your area. Usually, if someone takes the time to post a review online, it’s for either a very good or a very bad reason.
  • Before meeting with a contractor, check with the Better Business Bureau to see what his or her track record is like, and if any complaints have been filed.
  • Ask for references. Bear in mind that most contractors already have what they know will be three stellar references in their back pocket. Ask for four or five.
  • Keep in mind that flashy advertising does not a good contractor make. On the contrary, many of the best contractors thrive due to great word of mouth, and don’t even need or bother to advertise. Don’t be fooled by slick marketing.
  • Stay away from contractors who don’t have a local address, is not affiliated with any recognizable trade association, and/or has unverifiable license or insurance information. Make sure your contractor has insurance to cover his or her employees in the event that any of them are injured while on the job at your house.
  • Draw up a contract with clear start and finish dates. Have an attorney look over the contract to make sure it’s solid.
  • Once work begins, you should know exactly how many and what types of supplies, appliances, and fixtures will be purchased for the job.
  • Pay as you go. It’s not uncommon for consumers to pay contractors in stages as the job progresses. And it’s smart to withhold part of the final scheduled payment if there are any loose ends that remain to be tied, or little repairs that need to be made.

If you are hiring a contractor in Tennessee to help rebuild after any sort of natural disaster or accident, and your insurance company is footing some or all of the bill, don’t hesitate to involve your insurance company or agent if you have any questions or concerns. He or she will be a good, trustworthy resource as you navigate the ins and outs of employing a contractor.

Call AmeriAgency now to start saving on your bundled

auto & home insurance at  615-209-9362.

Top 10 Back to School Tips

The school year is fast approaching in Tennessee. Whether your child is elementary, middle, or high school age, the first weeks of school can be stressful. But there are things you can do to make the transition from easy summer days to academics and structured activity less painful.
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Here are our top 10 tips for back-to-school success:

  1. Learn the lay of the land: If your child is making a transition to a new school, knowing how to navigate the building can reduce stress and help your child to feel more confident. Take advantage of any opportunity to tour the building, especially after you know your child’s schedule. Practice going from class to class more than once and check out other important locations like the cafeteria, main office, library, school nurse, and counselor’s offices.
  2. Plan for lunch: Eating lunch alone can be crushing to a student’s self-esteem. Encourage your child to make plans with a school friend for the first week. If they don’t know anyone, help your child to practice asking a new classmate if they’d like to sit together at lunch.
  3. Meet the team: It’s well known that teachers’ feelings and beliefs about a student affect the student’s performance, so try to make a personal connection with anyone who will be working closely with your child. If the school hosts a back-to-school night, don’t skip it!
  4. Find a routine: Children and adults need time to ease back into a structured schedule. Start practicing wake up times and morning routines a few weeks in advance. This will also give you time to troubleshoot rides, work schedules, and lunch plans.
  5. Review expectations: Once school starts, there will be many things vying for your child’s attention, including friends, their smartphone, sports practice, Netflix and, oh yeah, homework. Make sure your child knows the order of those priorities, and which ones must be tended to first.
  6. Prioritize sleep: Sleep affects your child’s mood and ability to concentrate, which in turn affects their learning, so don’t leave your child’s sleep routine to chance. If you’re dealing with a tween or adolescent, he or she may not have the willpower to put away the phone or turn off the TV at a decent hour, so don’t put that decision in their hands.
  7. Have electronics-free times: The research overwhelmingly shows that smartphones in class negatively impact learning. Practice putting electronics away for short periods, and teach your child that it takes effort to focus in order to learn something new.
  8. Teach growth mindset: Students of all ages should know that the brain is malleable, and that they can improve their abilities with practice and effort. Help them to understand that making mistakes and “failing” is just part of the learning process and don’t let them get too entrenched in ideas about what they’re “good” and “bad” at.
  9. Praise effort: Your child may have a natural talent for math or music, but hammering on this may not be the best way to support their growth. Instead of telling your child she is smart, praise her effort, practice, persistence and resilience.
  10. Teach self-advocacy: If your child has an issue with a peer or teacher, resist the urge to get in there and solve the problem. Help your child to figure out what they need or want to express then let them do it.

Call AmeriAgency now to start saving on your auto insurance at 615-209-9362.

THE ECLIPSE!!!!

A Once in Many Lifetimes Event…
(600 years, to be exact)
 
THE ECLIPSE – August 21, 2017
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And… Tennesseans Have a Front Row Seat!
What the Press is Saying:
“One of the major cities visited by the eclipse is Nashville, Tennessee. Folks in Nashville will be singing about this eclipse for years to come as it is the largest city wholly within the path of totality.”
“We estimate that the centerline in Tennessee is the closest destination for 55 million Americans. We further estimate that between 360,000 and 1,440,000 people will travel to Tennessee on eclipse day.”
Every city in Tennessee, including State Parks are hosting an Eclipse Viewing Party.  For a list of the best places to watch the Eclipse in Middle Tennessee, please click here:  Best Places to Watch the Eclipse in Middle Tennessee
Don’t forget to by your ISO Certified “Eclipse Eyewear”.  Proper eyewear is essential to preventing serious and potentially permanent vision damage.  Ophthalmologists agree that eye injuries can occur instantaneously and the eyes can experience discomfort within several hours after exposure.