Jeff Kidd Joins SBS Insurance

Jeff Kidd is the newest member of the SBS Insurance Agency Team.

Jeff was born and raised in Lake Jackson, TX before spending his teen years in Bellevue, NE. Jeff graduated from Sterling College with a Bachelor's degree in Health and Physical Education in 2005. In 2005, Jeff began working at Great Bend High School as a health and P.E. teacher while also coaching both the boys and girls soccer teams. Then in 2007 he moved on to become the head coach of the men's soccer team at Bethany College. Kidd spent 4 years at Bethany helping to rebuild their program before receiving a job offer from his alma mater in 2011. He then spent 2 seasons coaching the men's soccer team at Sterling College before moving on to pursue a career in insurance. Jeff married Lisa Runnebaum on July 3, 2010 and they recently moved to Seneca with their 10 month old son Kolton. Lisa is the daughter of Jim and Myra Runnebaum and will be working as a customer service representative at Lortscher Agri Service Inc. in Bern. Jeff is licensed in Property and Casualty Insurance and will be an agent in the Seneca office.

Jeff and Lisa are very excited to be back in Lisa's home town of Seneca and are looking forward to being involved with the community.

What did you buy for your special Valentine???

Those who don’t buy shiny things for Valentine’s Day may prefer other types of valuables, such as electronics, artwork, antiques, wine and furs. All totaled Valentine’s Day spending will tally approximately $17.6 billion of retail sales, with $4.1 billion of that being spent on jewelry, according to the National Retail Federation’s 2012 Valentine’s Day Consumer Trends report.

Whatever the purchase, American consumers should take steps to safeguard and insure their valuables. Homeowners insurance generally covers valuable and precious items such as jewelry, but they usually have limits, so it’s important for consumers to check with your SBS Insurance agent to make sure they’re covered.

While most homeowner’s insurance policies cover risks such as fire, lightning, and windstorm, they may exclude many events that create financial losses- for example, a claim that is submitted because “my three-year-old dropped my new diamond earrings into the toilet and flushed” may not be covered under a typical policy. To cover these kinds of incidents—or other situations that the insurance industry has dubbed “mysterious disappearance” —you’ll need what’s known as a valuable articles personal property endorsement on your homeowner’s contract. Some homeowner’s insurance carriers also sell stand-alone valuables policies.

Another reason to contact your SBS Insurance agent? Typically insurance policies restrict the dollar amount of coverage for individual valuable items in the case of theft ($1,000- $1,500), so you want to make sure that if jewelry is ever stolen, you’re not stuck with coverage that is less than the value of the item.

With valuable items, two of the biggest snags that consumers run into at the time of a claim are proving that an item is missing or stolen, and establishing a value for the items. In fact, insurance carriers, when contacted for a claim, sometimes even ask consumers to get a police report for the missing item, even if the loss was not thought to be a theft.

Proving the value of items is very important when it’s time to file a claim. Claims are simpler and faster for consumers when they have photos of valuable items and collections; receipts or appraisal reports: and a written inventory.

Whatever is on your Valentine’s Day wish list or shopping list, protect it. It’ll help you love it even more. Need to know what’s best to protect your Valentine’s Day gift? Ask your SBS Insurance agent. He or she may need a copy of your receipt or bill of sale for jewelry, furs, electronics and other valuable items in order to help secure the right coverage, but in the end, you’ll love them for it.

Remember to contact your local SBS Insurance agent to discuss your coverage.