Plexus personal insurance news and notes: Don't forget to add those grad gifts to your coverages

Courtesy of the Plexus Private Client Solutions team, here is a roundup of personal insurance news and tips of interest to policyholders. Cost of safety?

Auto insurance premiums are on the rise. In some cases, technology meant to make cars safer is said to be playing a role in rate hikes. According to The Wall Street Journal, the high replacement cost of high-tech safety equipment becoming increasingly available in new cars is starting to be passed down to policyholders.

Flood protection

As summer begins, it is a good time to consider whether you need flood insurance, particularly if purchasing a new home. Remember: your homeowners policy is unlikely to cover flood damage. For more on flood coverage, contact Private Client Solutions Client Coordinator Terri Lyons at tlyons@plexusgroupe.com or 847-307-6129

Grad gift coverage

Graduation season is winding down. Is it time to add any new items to your insurance coverages? Did your lucky grad receive new jewelry or electronics? Are there plans to buy a car for campus? Plexus Private Client Solutions can ensure you are properly covered. Contact us at 847-307-6100, or reach out via this quick Web form.

Contact us

For more information on our personal insurance practice and a no-obligation risk review, please contact one of our Plexus Private Client Solutions Client Executives:

David Miller dmiller@plexusgroupe.com | 847.307.6141

Deborah Dohn ddohn@plexusgroupe.com | 847.307.6177