Rhode Island is Second Most Expensive State to Insure Teen Drivers

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Not all states are created equal when it comes to the cost of insuring a teenage driver. Due to the increased risk, teenagers are very expensive to insure. According to a report from online auto insurance site insuranceQuotes, U.S. families who add a young driver to their existing auto insurance policy will see an average annual premium increase of 79%.

However, in the state of Rhode Island adding a teen to an auto insurance policy adds an average 119% premium increase. That is the second-highest increase in the nation just behind New Hampshire, which was the highest with a 125.4% increase.

While the premium increase is unavoidable, there are a number of ways you could save on car insurance when you add your teen to your auto policy.

  • Good-student discount – As a full time student, your child may qualify for a Good Student Discount if he or she maintains a grade point average of 3.0 or higher.
  • Complete a safe-driving course – Many insurance companies offer a discount if your teen completes a safe driving program.
  • Choose vehicles with safety in mind – Teens should drive vehicles that reduce their chances of crashing in the first place and then protect them from injury in case of a crash. For example, small cars do not offer the best protection in a collision when compared with larger vehicles. Avoid high-horsepower models that might encourage teens to speed. Look for vehicles that earn good crash test ratings and have the latest safety technology.
  • Consider a monitoring device – Several insurers offer in-vehicle electronic devices that allow you to monitor teen driving habits. These systems flag behavior such as speeding, sudden braking, abrupt acceleration and nonuse of seatbelts.

Call your OceanPoint Insurance agent at 401.847.5200 to review your savings options. We’ll help you keep your child safe, even when you can’t be there to protect them.

Kind Heart, Fresh Start Collection to Benefit Local Shelters

06.16_FreshStart_SmStandUpBannerThe community is invited to join BankNewport and OceanPoint Insurance this summer to support local shelters by donating personal care items during the “Kind Heart, Fresh Start” collection drive.

Starting Monday, August 1 through Monday, August 15, all BankNewport and OceanPoint locations will be accepting community donations of toiletry items, including bars of soap, travel size shampoo, tooth brushes, toothpaste and deodorant.

Toiletries gathered during the two-week collection period will benefit the following five local shelters: Good Neighbors (Turner Avenue, Riverside), Harrington Hall (Howard Avenue, Cranston), Lucy’s Hearth (West Main Road, Middletown), McKinney Cooperative Shelter (Meeting Street, Newport), and Welcome House of South County (North Road, Peace Dale).

Tips For Safer International Business Travel

shutterstock_105877472-2Travel is an integral part of conducting business in our global economy, and needs to be conducted with the appropriate duty-of-care standards in mind.

Employers should work with employees who will be traveling abroad to ensure that the travelers can stay as safe as possible under challenging conditions.

According to a recent study conducted by the Association of Corporate Travel Executives, Business Traveler magazine and American Express Global Business Travel, the top concerns of business travelers are identity theft, political instability and kidnapping.

The idea of being stranded because of a lockdown or curfew and in-flight terror incident or major health risk such as SARS, Ebola or Zika are among the other major concerns to those traveling abroad for business.

Here are six helpful tips business travelers can use to stay safe during international travels:

1. Protect against theft of personal information

  • Keep copies of all major identification (passport or driver’s license), credit card and travel itinerary and any other valuable documentation.
  • If necessary, email them to yourself so you can have access to the information in the event they get lost or stolen.
  • Leave a copy of these documents with someone back at the office or at home as well in case you lose both the originals and the copies.

2. Use antivirus, spyware security protection on all devices

  • Make sure to use up-to-date antivirus, spyware, security patches and firewalls. Entities in foreign countries have been known to push fake security updates when a user connects to the local network. They then install malware and spyware on the user’s computer.
  • Be sure to have security software on your tablet and smartphone, too. These devices are also vulnerable and not always as secure as your computer.

3. Observe travel warnings

  • Check the U.S. Department of State’s website for travel warnings.

4. Keep family and colleagues informed

  • Leave a detailed itinerary with your family and your office, including a list of contacts for your foreign hosts in case of an emergency.
  • Register your trip with the State Department so you can be notified in case of emergency.

5. Observe health precautions

  • Visit your primary doctor for any needed pre-trip medical care or vaccinations long before your departure date.
  • Obtain medical I.D. bracelets that alert medical personnel to specific conditions or allergies.
  • Carry copies of prescriptions for any medications that you take regularly. Medical personnel will need these in case of emergency because brand names are not the same around the world.

6. Know how to reach the nearest U.S. embassy

  • Know who to call if you run into trouble. Obtain the phone number and address for the U.S. embassy or consulate in the countries you plan to visit.
  • Also, find out how to reach emergency services around the world by Googling “emergency phone number for [name of country]. Although 9-1-1 works in the United States and Canada, it doesn’t always in the rest of the world.

Contact your OceanPoint Insurance agent at 401.847.5200 to learn more about protecting yourself while traveling.

 

Information provided by PropertyCasualty360.