A & M Services

11/20/2024

Holiday parties are around the corner. The parties are a lot of fun (sometimes too fun), so make sure your clients are covered for any of the problems that can arise from the parties. We can cover the parties on a special event policy that will cover the following:

General Liability
Liquor Liability
Set up/ Take Down coverage
Med Pay
Damage to rented premises

07/30/2024

American Collectors Insurance offers Agreed Value Insurance for your collector vehicles and collectible items. With an Agreed Value policy, in the event of a covered total loss, you will receive a check back for the full agreed upon value of the insured vehicle less any deductibles.

07/01/2024

03/30/2024

Adrienne Whatley
·
💲Please understand what NOT using cash is doing.
As a former banker, it’s very crazy what’s happening- yet we continue to be ok with it.
Cash is important. 💸 matter of fact, they want to do away with it. For a reason! Don’t let them!
Why should we pay cash everywhere we can
with banknotes (cash) instead of a credit or debit card? 💳
Well. I have a $50 banknote ($50 bill) in my pocket.
Let’s say I am going to a restaurant and paying for dinner with it. The restaurant owner then uses the bill to pay someone to clean. The cleaning service then uses the bill to pay the barber. The barber will then use the bill for shopping for groceries.
After an unlimited number of payments, it will still remain a $50 bill, which has fulfilled it’s purpose to everyone who used it for payment and the bank has jumped dry from every cash payment transaction made...
- But if I come to a restaurant and pay digitally - Card, and bank fees for my payment transaction charged to the seller are 3%, so around $1.50 and so will the fee $1.50 for each further payment transaction or owner or payments..... going forward.
Therefore, after 30 transactions, the initial $50 will remain only $5 😫 and the remaining $45 became the property of the bank 🏦 thanks to all digital transactions and fees.
YEP!!!!
Small businesses need your help and this is one way to help ourselves too. Pull small draws of cash out at a time and use that instead of tap, credit, etc.
When this is put into perspective, imagine what each retailer is paying on a monthly basis in fees at 3% per transaction through their POS machine????
If they have, for example, $50,000 in sales & 90% are by CARD, they are paying $1500 in fees in ONE Month. $18,000 in a year! That comes out of their income every month.
That would go a long way to helping that small business provide for it’s family!🏦♥️" Not to forget, it can curb the costs passed on to us also!
Did you know I almost always carry cash? Not tons putting me at risk or stupid amounts, but enough for what I need!! I see the big picture. ❤️

Send a message to learn more

03/23/2024

Flood |
Two-Thirds Believe Homeowners and Renters Covers Flood Damage
Despite news reports and public policy discussions about climate change and increasing catastrophes, including floods, 59% of U.S. adults say they are not likely to reevaluate their need for flood insurance, according to a survey commissioned by Selective

03/21/2024

Tornado Tornado Tornado


Tornado season is upon us and could bring more storms in the months ahead. In fact, the U.S. experiences the most tornadoes of anywhere in the world. Last year alone 1,197 tornadoes tore through the country, costing over $1 billion in property damage.

While we can’t prevent tornadoes, we can help you craft a safety plan and prepare. And know that if a tornado has damaged your property and you need to file a claim, we’re here to help you


Before a Tornado


Designate a Shelter

The best shelters are sturdy, windowless spaces with room for you, your family, and pets.

A basement is ideal, though any low‑level, windowless room works, including closets, hallways, interior stairwells, or a bathtub if you have a heavy blanket or mattress as cover.



Create an Emergency Kit

Be sure your kit includes:


Food & Water Food and Water for 72 hours, such as canned soup, granola bars, or shelf‑stable goods, plus a can opener


Whistle Whistle or horn to attract attention should you become trapped


Flashlight Battery or generator‑powered lights to conserve mobile phone power


First aid kit First aid kit that includes bandages, antiseptic, and essential medicines


Radio Battery or crank radio because cell towers may be down


Money Important documents, including copies of your ID, insurance information, Social Security cards, a small amount of cash, and other legal documents, such as wills



Pet food Extra pet food if needed



During a Tornado



Know the signs of a tornado:

• Dark or greenish sky

• Large hail

• Low clouds, especially if they’re rotating

• A roar often compared to a train whistle

If you hear or see these signs, or there’s a local tornado warning, shelter with family and pets.

If you’re far from that shelter, try to find a sturdy community building, such as a church or office building nearby.

If you’re in a vehicle and can’t find shelter, stay inside, and cover your head.


After a Tornado



• Use your horn or whistle, or another implement to attract help if trapped.

• Check your structure’s integrity. If you see cracks, rubble, or fallen beams, exit until it’s deemed safe to return.

• You may need shelter. If so, text "Shelter" and your zip code to FEMA (43362).

• Avoid downed powerlines. Even if they look inactive, wires may still carry a live current.

• Avoid using lighters or flames. Even if you don’t smell gas, there may still be a leak.

• Use generators safely. Vent generators outside. Carbon monoxide poisoning comes fast and can be deadly.

• Monitor the radio. Stay informed and safe by tuning your radio to reliable local news or emergency services.


File your claim


We want to help you get your life back on track as fast as possible. We’ll be there after a disaster – and anytime you need us.


Thank you for your business.

09/11/2023

APY Earned 0.10% is this your bank, or is this Platinum Savings
5.05%APY on balances of $5,000 or more

The higher your balance, the more you’ll earn!

Big Banks and Big Government robbing us blind!

If we don't stand up for our selves we deserve what we get!

08/25/2023

A & M Services will be closed Saturday August 26, 2003 due to a death in the family. We are sorry for any inconvenience this may cause.

08/15/2023

Back and open again at A & M Services 282 West State St Doylestown PA 18901!

07/18/2023

Can Agents Help Homeowners Manage Increasing Rates?
Filing a claim against a homeowners policy can be both a complicated and costly matter, but can be made significantly less costly when agents provide advice on how to avoid the worst claim mistakes.
by Olivia Overman
Sponsored by
can agents help homeowners manage increasing rates?

Homeowners insurance premiums increased an average of 12.1% in 2022, according to Policygenius. The increase represents a sign of the times in the homeowners market as high inflation, extreme weather events and labor shortages impact rates and even prompt carrier withdrawals, such as State Farm's exit from California homeowners and commercial property markets.

“We are currently in a hard market, which means that premiums are trending upwards across the industry," says Paul Gallagher, senior vice president, NFP. “A hard market in the personal insurance space is pretty rare, but we've been in this one for three or four years, depending on who you talk to, and there's no clear sign of it ending."

While inflation, weather events and supply chain issues are uncontrollable, there is something homeowners can control: when to file a claim. There are consequences to consider when filing a homeowners insurance claim, according to a 2023 report by SafeHome.org. In an analysis of more than 1,400 homeowner policies, the report found that homeowners who filed a claim subsequently paid nearly $400 more in premium per year than those who didn't. The average claim amount was $20,700.

Filing a claim against a homeowners policy can be both a complicated and costly matter—one that can be made significantly less costly to a client's premium if agents provide advice on how to avoid the worst claim mistakes.

“Mistake No. 1 is opening a claim with the insurance company before you have a discussion with your agent or broker," Gallagher says. “That's something that we preach to clients—call us first, let's have a conversation before you put in a claim. Most claims can wait for a short conversation with your agent or broker to talk through what the pros and cons are of opening a claim."

Homeowners should think twice about filing a claim with a carrier for damage caused by a lack of home maintenance. For example, if the siding on a house has been left to deteriorate and the homeowner files a claim that is denied, the claim is still included in the Comprehensive Loss Underwriting Exchange (CLUE), meaning it can affect their homeowners premium.

Homeowners are experiencing increasing premiums across the country, but whether the increases are small or large, there are ways agents can help clients save money on premiums. Agents can offer clients a policy with a higher deductible if they can afford to retain that amount of the risk.

“I would speculate that higher deductibles are going to become more prominent and that's where being with an independent agent ensures you have that somebody there to give you that advice and to help guide you through the process," says Mike Grove, senior vice president, head of GRM U.S. product state management, Liberty Mutual. “That's where I would lean on the independent agent."

Insurers correlate claims to a high-risk insured who may file more claims in the future. When setting rates, insurers will look at a client's claims history. When agents are able to offer higher deductibles to manage claims it can be advantageous for clients.

“An average homeowner should try to avoid trading dollars with their insurance companies when they have deductibles that they can afford to keep," says Bill Martin, president and CEO, Plymouth Rock Home Assurance. “It would be much cheaper if they just kept that money in a savings account, let it grow and use it."

“The existence of a claim leads most insurers, where it's legal and fair, to charge a higher rate," Martin explains. “Over time that higher rate is likely to cost more than just paying for the claim."

Agents can ensure clients think carefully about the implications of filing a claim within a few hundred dollars of a deductible.

On the other hand, large and expensive claims can be complex and include dealing with multiple insurance adjusters. And while some states have enacted laws to deal with the issue of unscrupulous parties taking advantage of homeowners, clients should be cognizant of the risks they face.

“Be wary of people knocking on your door saying, 'sign this piece of paper, you have roof damage and I can get your roof taken care of,'" Grove says. “I would encourage the average customer to report a claim to their agent first before signing any contracts. There is evidence in certain states that folks are trying to generate claims that may not be there."