Archive for the ‘Insurance’ Category

Boating Safety

Tuesday, May 3rd, 2016
Test your knowledge and learn more about how to enjoy a safe day on the water! Take the interactive quiz provided by Safeco and see how much you know already.

The average cost of a DUI is $10,000 – is that extra glass of eggnog worth it?

Friday, December 18th, 2015


The average cost of a DUI is $10,000 – is that extra glass of eggnog worth it?

The holiday season is upon us, bringing a packed social calendar filled with ugly sweater parties, company holiday events and champagne toasts. Unfortunately, the number of alcohol-related car accidents spikes in the time between Thanksgiving and New Year’s Day. In addition, local and state law enforcement officer across the nation are participating in a “Drive Sober or Get Pulled Over” campaign to prevent impaired driving by increasing the number of checkpoints during the holiday season.  Some sobering facts about impaired driving during the holidays:

  • 733 people died in accidents involving a drunk driver in December 2013
  • An average of 572 lives were lost over the Thanksgiving holiday weekend every year from 1998 to 2008
  • There are typically 33% more DUI arrests during the time between Thanksgiving and New Year’s Day
  • Around 25,000 people are injured every year in accidents with drunk drivers during the holidays
  • If you are hosting a party where alcohol is being served, you can be held financially responsible for any damage caused by any impaired guests after they leave your event

All it takes is a little pre-party planning to avoid a holiday tragedy. Share these tips with your customers:

  • Take the keys from everyone when they get their first drink
  • Choose one person in the group to be the designated driver, who will not consume any alcohol
  • Bring cash for a cab (or take a cab to the event)
  • Get a ride from Uber or Lyft
  • Call a sober friend or family member
  • Stick with a “one drink per hour” rule if simultaneously eating food

Of course the best way to avoid an accident is to not drink any alcohol if you plan on driving home. Save yourself $10,000 (and possibly someone’s life) just by planning ahead. If something does happen to any of your customers during the holiday season, National General’s claim team will guide your customer through the entire claim process and get them back on the road as soon as possible.


Sunday, August 30th, 2015

If you or your mom ever made a cake from scratch, you know just how much more difficult it is to do, rather than opening a box of Pillsbury cake mix, adding a few ingredients, mixing and then baking in a pan. The boxed cake tastes good, but nowhere near the taste of a cake made from scratch. You have a deeper appreciation of a scratch cake because not only does it taste better, IT IS better. You made it yourself, one ingredient at a time, by hand, with tender loving care. There’s no comparison between the two.

What’s my point? That’s how I started my first insurance agency—from scratch, by hand. I started with a partner and a dream, in a one-room attic office, where we shared used furniture—two used tables for desks, two used wooden chairs, a small table to hold the only phone between us, one used file cabinet and only one company that would license us because we were so small. Total cost: $55.00. I quit a good job at Prudential Insurance, and started out making nothing but a promise to myself to make it work. I made prospecting calls every day, calling friends, relatives and everyone I came in contact with, offering them a good insurance package with a very ambitious agent wanting to do a good job for them so they would tell their friends and relatives about me, too.

Those were definitely the hardest times of my career, having a mortgage to pay, three mouths to feed and not having a guaranteed paycheck at any given time. That was in 1973 and, by the way, a time of double-digit inflation to make economics worse. Things were difficult to say the least. But somehow we got by. We celebrated with a dinner out when we filled our first file cabinet—that was HUGE for us!

A few years and many more file cabinets later, we bought our first small agency. Then another. Then another. Nothing big, but big for us! Now, 41 years later, with seven employees, 26 companies and a state of the art computer system and agency management program, we morphed into a respectable insurance agency, capable of writing any large account that comes our way, but not overlooking the small ones either. Because that’s how our humble beginning was formed.

So what’s my point—am I bragging? No, not at all–I have nothing to brag about. I just want anyone reading this to know our history. We started out small and were never given anything and we never took anything for granted. At all times our agency has lived by the golden rule: taking care of our customers the way we ourselves would like to be treated. It’s that way today, just as much as it was 41 years ago. I’d like to hear your story, too. I really LOVE success stories!

I also love working with start-up businesses, offering not only good insurance advice, but any other help or resources that I can offer from my 40+ years of experience. I’m always willing to assist a young entrepreneur whose ambition is to make their own cake from scratch. It’s a lot more work, but worth it…because they taste sooo good!

-Joey Terranova

Terranova Insurance Agency