Should I File an Insurance Claim or Pay for Repairs Out of Pocket?
One of the most common questions we hear at Bucklew Insurance is: “Should I file a claim, or should I just pay for this repair myself?” It’s a fair question—and an important one. Filing an insurance claim can help protect your finances after a loss, but in some situations, paying out of pocket may actually […]
Why Safe Cars Don’t Always Mean Cheaper Insurance in Ohio
When to Drop Collision & Comprehensive Coverage (Ohio Guide)
TL;DR Keep collision and comprehensive if your car is financed or leased or if you can’t afford to replace it out of pocket. If it’s paid off and your annual comp+collision premium is ≳10% of your vehicle’s actual cash value (ACV), consider dropping (or drop collision and keep comprehensive if theft, hail, or deer/animal strikes […]
Market Value vs. Replacement Cost: What Springboro Homeowners Should Know
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Ohio ACV vs RCV Roof Coverage
Replacement Cost Value (RCV) = full roof paid for; Actual Cash Value (ACV) = replacement cost minus depreciation. Since Feb 7 2024, Fannie Mae forbids ACV-only policies on homes it finances, forcing most Ohio homeowners to carry RCV. If hail hits a 15-year-old roof estimated at $18 k, ACV might write an $8 k check […]
What the Coldplay Kiss Cam Scandal Can Teach Business Owners About EPLI Insurance
When Personal Mistakes Become Public Headlines If you’ve been online in the last few days, you may have seen the viral story: a high-powered CEO and his HR manager caught kissing on the Jumbotron during a Coldplay concert. The twist? Both were reportedly married — to other people. The internet ran wild, with rumors flying […]