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About
Us |In the News
News: 2008
Malvern Insurance Associates and
Malvern Federal Savings Bank
Team Up To
Donate $60,000
to Eight Local Educational Organizations
The schools and nonprofit organizations will use the funds for scholarships and educational improvement programs
Shown presenting a check to James Stewart, president of Malvern Preparatory School are Ed Shanaughy, Malvern Federal Director and Jerry McTear, President of Malvern Insurance.
Shown presenting a check to Sr. Marita Carmel, IHM, Principal of Villa Maria Academy and Sr. Patricia Spingler, IHM, Vice Principal are Kristin Camp, Malvern Federal Director and Jerry McTear, President of Malvern Insurance.
Malvern Insurance
Associates Offers Tips to Help You Save on Homeowners Insurance
Purchasing the homeowners insurance that is right for you and your home
can be confusing, especially for first-time buyers. By learning the
basics on how to get the most for your money, you can save on your
homeowners insurance and feel confident you have adequate coverage.
Malvern Insurance Associates and Travelers, a leading provider of
homeowners and auto insurance, offer these tips to lead you in the
right direction when you purchase your homeowners insurance.
• Shop around In addition to
considering friends, family, the phone book or the Internet as possible
sources to find homeowners insurance, consult with an independent
insurance agent. Look for a wide range of prices from several
companies. Remember, you get what you pay for, so look for not only a
fair price but excellent service as well. Check a company’s
financial rating with A.M. Best or Standard & Poor’s.
• Raise your deductible
Companies generally have deductibles (what you pay before your
insurance policy kicks in) starting at $250. By choosing a higher
deductible ($500, $750, $1,000 or higher), you’ll have lower
annual premium payments.
• Consider how much insuring a new home will be
The age of your home may qualify you for savings because plumbing,
heating and electrical systems of newer homes have lower risks than
outdated systems. Construction of the home (brick versus wooden frame)
can affect your cost as well, depending on your home’s
location. Also, if you live near your local fire department, your
homeowners rates might be lower than if you are many miles away.
• Insure your home, not your land
Since homeowners policies don’t provide protection for your
land, it would be a waste of money to include its value as part of your
dwelling coverage, which should only reflect the price it would cost to
repair or replace your home’s structure.
• Insure your car and home with the same company
You can save money if you have more than one type of policy with the
same insurance company. The more good business you give the company,
the more valuable you are as a customer.
• Improve home security and safety
If your home has certain types of fire alarms, burglar alarms, locks,
or smoke detectors, you’ve reduced your risk and may qualify
for a credit.
• Look for senior discounts If
you are at least 55 years old and retired, your insurance company may
offer you a discount. Retirees often spend more time at home and are
more likely to spot trouble and prevent a loss.
• Look for group coverage Many
insurance companies offer discounts to groups such as alumni or
business associations. Check with your association director or employer
to see if they offer a plan.
• Stay with one insurer If you
keep your coverage under one insurer for several years, you may be
offered a discount from the company. The longer you are a customer, the
more money you will likely end up saving.
• Compare the limits in your
policy to the value of your possessions at least once a year. If you
make any major purchases or additions, you want to ensure they will be
covered, but you do not want to spend more than is necessary.
Established in 2001, Malvern Insurance Associates is an independent
insurance agency offering a full range of insurance products including
auto, home, life, and health as well as a full line of commercial
insurance products.
For information and quotes on insurance coverage, please visit Malvern
Insurance at 42 E. Lancaster Avenue, Suite 101, Paoli, PA or call
610.644.6180.
About Travelers
Travelers understands that life and business are inherently dynamic and
that the best way to serve agents and policyholders is to deliver
insurance that evolves to stay in-synch with life and business as they
change. For more information on being in-synch, visit www.travelers.com.
The Travelers Companies, Inc. (NYSE: TRV) is a leading property
casualty insurer selling primarily through independent agents and
brokers. The company’s diverse business lines offer its
global customers a wide range of coverage in both the personal and
commercial settings, including automobile, homeowners, construction,
small business, oil and gas, ocean marine, surety and management
liability, global technology and public sector services. Travelers is a
Fortune 100 company, with 2007 revenues of $26 billion and total assets
of $115 billion. The company has approximately 33,000 employees.
Malvern Insurance Associates and
Malvern Federal Savings Bank
Team Up To Donate $60,000
to Eight Local Educational Organizations
Malvern Federal Savings Bank
Team Up To Donate $60,000
to Eight Local Educational Organizations
The schools and nonprofit organizations will use the funds for scholarships and educational improvement programs
Shown presenting a check to James Stewart, president of Malvern Preparatory School are Ed Shanaughy, Malvern Federal Director and Jerry McTear, President of Malvern Insurance.
Shown presenting a check to Sr. Marita Carmel, IHM, Principal of Villa Maria Academy and Sr. Patricia Spingler, IHM, Vice Principal are Kristin Camp, Malvern Federal Director and Jerry McTear, President of Malvern Insurance.
Malvern Insurance
Associates Offers Tips to Help You Save on Homeowners Insurance
Purchasing the homeowners insurance that is right for you and your home can be confusing, especially for first-time buyers. By learning the basics on how to get the most for your money, you can save on your homeowners insurance and feel confident you have adequate coverage. Malvern Insurance Associates and Travelers, a leading provider of homeowners and auto insurance, offer these tips to lead you in the right direction when you purchase your homeowners insurance.
• Shop around In addition to considering friends, family, the phone book or the Internet as possible sources to find homeowners insurance, consult with an independent insurance agent. Look for a wide range of prices from several companies. Remember, you get what you pay for, so look for not only a fair price but excellent service as well. Check a company’s financial rating with A.M. Best or Standard & Poor’s.
• Raise your deductible Companies generally have deductibles (what you pay before your insurance policy kicks in) starting at $250. By choosing a higher deductible ($500, $750, $1,000 or higher), you’ll have lower annual premium payments.
• Consider how much insuring a new home will be The age of your home may qualify you for savings because plumbing, heating and electrical systems of newer homes have lower risks than outdated systems. Construction of the home (brick versus wooden frame) can affect your cost as well, depending on your home’s location. Also, if you live near your local fire department, your homeowners rates might be lower than if you are many miles away.
• Insure your home, not your land Since homeowners policies don’t provide protection for your land, it would be a waste of money to include its value as part of your dwelling coverage, which should only reflect the price it would cost to repair or replace your home’s structure.
• Insure your car and home with the same company You can save money if you have more than one type of policy with the same insurance company. The more good business you give the company, the more valuable you are as a customer.
• Improve home security and safety If your home has certain types of fire alarms, burglar alarms, locks, or smoke detectors, you’ve reduced your risk and may qualify for a credit.
• Look for senior discounts If you are at least 55 years old and retired, your insurance company may offer you a discount. Retirees often spend more time at home and are more likely to spot trouble and prevent a loss.
• Look for group coverage Many insurance companies offer discounts to groups such as alumni or business associations. Check with your association director or employer to see if they offer a plan.
• Stay with one insurer If you keep your coverage under one insurer for several years, you may be offered a discount from the company. The longer you are a customer, the more money you will likely end up saving.
• Compare the limits in your policy to the value of your possessions at least once a year. If you make any major purchases or additions, you want to ensure they will be covered, but you do not want to spend more than is necessary.
Established in 2001, Malvern Insurance Associates is an independent insurance agency offering a full range of insurance products including auto, home, life, and health as well as a full line of commercial insurance products.
For information and quotes on insurance coverage, please visit Malvern Insurance at 42 E. Lancaster Avenue, Suite 101, Paoli, PA or call 610.644.6180.
About Travelers
Travelers understands that life and business are inherently dynamic and that the best way to serve agents and policyholders is to deliver insurance that evolves to stay in-synch with life and business as they change. For more information on being in-synch, visit www.travelers.com.
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company’s diverse business lines offer its global customers a wide range of coverage in both the personal and commercial settings, including automobile, homeowners, construction, small business, oil and gas, ocean marine, surety and management liability, global technology and public sector services. Travelers is a Fortune 100 company, with 2007 revenues of $26 billion and total assets of $115 billion. The company has approximately 33,000 employees.