The Insurance Guy: Who Doesn't Love Homeowners Insurance?

By David BissailloniBerkshires Columnist
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In recent columns, we touched upon the importance of insuring buildings at proper limits, why it makes sense to spend a bit of time reviewing your auto and homeowners insurance, and what discounts and benefits are now available in a very competitive Massachusetts auto insurance marketplace. 

This month, I want to talk a bit about one of the products in the insurance world that I had always thought was actually a pretty good deal. Welcome to the HO-3 policy.

More than just because the bank tells you that you must have a homeowners policy when you carry a mortgage, the homeowners plan is a smart way to manage risk by paying pennies on the dollar to protect your assets. First and foremost, the policy steps in if there is damage to your home that occurs from a few of the obvious causes of loss.

Most people would agree that damage from a fire would be the first job that a homeowners policy would perform. And that is true. If your home suffers partial or total damage from a fire, there is no better way to make you whole again than by having a properly written homeowners policy in place. And whether that premium is $500 or $1,200, if it affords you a couple of hundred thousand dollars in protection, it is a very good return on your premium. Not that I would wish a fire on anyone.

Wind damage is also typically covered by a homeowners policy and we know some of the damage that wind has done lately. Typically, water damage is not covered unless you have a separate flood policy, which can be a confusing topic for consumers. (We will cover water and flood in a separate column soon). However, you can have limited coverage added to your policy that may reimburse you for backup of water in a basement. Again, you really should consult your local agent.

The homeowners policy will also provide coverage to other structures such as detached garages, sheds, and other buildings that you may have on your property. It may also provide you, at the time of a loss, with compensation to provide temporary food and shelter that your family may need if you cannot remain in the home. These are benefits that become very important if you are ever involved in a serious loss at your home.


The homeowners policy also provides the insured with liability protection in case there is bodily injury or property damage done to a third party. This is where legal bills and damages may be paid from in the case of someone getting injured on your property, or being bit by your dog, or accidentally hit with a stray golf ball from your hooked drive at the golf course. There is also a medical payment portion of the policy where small medical bills can be paid to injured parties. The homeowners policy can be a very powerful tool when things hit the fan.

You may notice that there is an increase in the pricing on many homeowners policies, but it still remains a very good value for the consumer. There are a few reasons for the increase in pricing, primarily the fact that 2011 was a record year for catastrophes throughout the world. According to the Insurance Information Institute, worldwide events caused $350 billion in economic losses, shattering the 2005 record of $230 billion. The other primary reason is that the cost of rebuilding homes has gone up. According to Travelers Insurance, in the last year paint has gone up 4.5 percent, copper pipe up 19 percent, wire and cabling up 19.4 percent, insulation up 12.3 percent, and asphalt shingles up 8.3 percent.

But, there remain great deals out there if you are willing to spend some time and work with a local independent insurance agent. Happy home owning.

Dave Bissaillon dabbles in real life while working daily as an account executive at Smith Bros.-McAndrews Insurance Agency in Adams. His occasional column will touch on insurance and other fun stuff.

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Youth For The Future: Adwita Arunkumar

By Breanna SteeleiBerkshires Staff

PITTSFIELD, Mass. — Williams Elementary School fourth-grader Adwita Arunkumar has been selected as our April Youth for the Future for her mentoring of a younger child.

Youth for the Future is a 12-month series that honors young individuals that have made an impact on their community. This year's sponsor is Patriot Car Wash. Nominate a youth here

Adwita has cortical visual impairment; she has been working with her teacher, Lynn Shortis, and her, paraprofessional Nadine Henner.

"My journey with CVI means that I learned in a different way. I work hard every day with Miss Henner and Miss Lynn, to show how smart I am," she said.

"Adwita is a remarkable student. She's a remarkable child. She has, as she shared, cortical visual impairment, which is a brain-based visual processing disorder, which means the information coming in through the eyes is interfered with somewhere along the pathways, and we never quite know what's being interpreted and how and how it's being seen," said Shortis.

"So she has a lot of accommodations and specialized instruction to help her learn."

Recently Adwita has chosen to mentor 4-year-old Cayden Ziemba, who is also visually impaired.

"I decided to be a mentor to Cayden so that she can learn some new things. I teach her how to walk with the cane, with the diagonal and tap technique, I am teaching her Braille," she said. "I enjoy spending time with Cayden, playing games and being a good role model."

Shortis said the mentoring opportunity came up when Cayden was entering preschool at Williams, and they introduced her to Adwita. 

"Adwita works really, really hard academically. She's very smart, but there are a lot of challenges in that, because of the way that it's so visual and she's a natural. She's just, it's automatic," Shortis said. "It's kind of like a switch is turned on and she becomes this extremely confident and proud person in this teacher role."

Adwita also has been helping Cayden on how to use her cane on the bus and became a mentor in a unexpected ways.

"Immediately at the start of this year, she would meet Cayden at the bus. She has taught Cayden how to use her cane to go down the bus stairs. Again, Adwita learned that skill, so it wasn't something I had to say to her, this is what you need to have Cayden do. She just automatically picked that up and transferred that information," said Shortis. "Cayden is now going down the bus step steps independently with her cane. And then she really works hard with Adwita in traveling through the hallways, Adwita leads her to her class every morning, helps her put her things away and get ready for her morning."

Adwita said she hopes Cayden can feel excited about school and that other students can feel good about themselves as well.

"I want them to know that Braille is cool to learn. You can feel the bumpiness with your fingers. I want people to know how you can still learn if your brain works differently sometimes. I need to have a lot of patience working with a 3-year-old. I need to be creative and energized," she said.

She hopes to one day take her mentoring skills to the head of the class as a teacher.

"I want to become a teacher and teach other students when I grow up. I might want to teach math, because I am great at it," she said. "I also want to teach others about CVI. CVI doesn't stop me from being able to do anything I want to. I want students to not feel stressed out and know that they can do anything they want by working hard and persevering."

Her one-to-one paraprofessional said she likes seeing the bond that has grown between the two girls, and can picture Adwita being a teacher one day.

"I do see her in the future being a teacher because of her patience, understanding and just natural-born instinctive skills on how to work with young children," Henner said.

Shortis also said their bond is quite special and their relationship has helped to bring out the confidence in each other.

"The beauty of it, there's just something about it their bond is, I don't even really have a word to describe the bond that the two of them have. I think they share something in common, that they're both visually impaired, and regardless of the fact that their visual impairment differs and the you know the cause of it differs," she said.

"They can relate. And they both have the cane. They're both learning some Braille. But there's something else that's there that just the two of them connected immediately, and you see it. You just you see it in their overall relationship."

 
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