Redding Private Client, LLC

Thankful to have Chubb as a partner! Dot and Mason co-hosted a fun event focused on protecting your jewelry. We learned a lot while enjoying networking with friends.

A fun week was had by all at PRMA.

With summer in full swing, it is vital to protect your home against the damaging effects of extreme heat and humidity. Preventative measures can be implemented both on the interior and exterior of your home to stay safe this summer. It is recommended to use lighter color paints on the exterior of your home to reflect the sun’s heat. Regularly inspecting your home’s deck and roof and using a protective sealant is also recommended to offset the effects of extreme heat. The primary recommendation to protect your home’s interior from heat is to consistently regulate the internal temperature. This can be achieved through a variety of measures, including installing a smart thermostat, regularly using ceiling fans, using a dehumidifier, and servicing and replacing your air conditioning system when necessary. #Chubb https://lnkd.in/dHru4mk9

Purchasing fine art is often a complex transaction as it extends beyond estate planning and into the realm of legacy planning. Fine art consultant, Claire Marmion, recommends collectors actively preserve the legacy of their works of art after acquiring each individual piece. Legacy planning deals with protecting the physical condition of the artwork, how you promote the artist, how you share the art/its story, and how the art will be distributed among the next generation who inherits it. Due to its value and history, fine artwork often has unique potential exposures. These unique exposures require thorough planning to ensure proper coverage against all threats. Overall, legacy planning is an essential part of remaining proactive against all exposures and outcomes in fine art. https://lnkd.in/e26jYPB2

Jewelry and collection pieces not only possess monetary value, but often have sentimental value as well. Jewelry is fragile in nature, and due to its condition and value, it is essential to protect it through preservation. When it comes to care, it's crucial to store jewelry in a clean and protected place. Each piece should have its own compartment, as some gemstones or metals are more prone to cracking or chipping. Regular professional cleaning every six months is important, but so is the habit of checking the condition of your jewelry regularly. Consider installing a secure safe at home or storing your most precious items in a bank vault or safe deposit box for added safety. #CincinnatiFinancial https://lnkd.in/ef-CNbDK

The world’s connectivity is constantly growing, with 97% of Americans owning a mobile device. However, with this growth of the digital world comes the possible growth of fraudulent activity. Cell phones are becoming an increasing target as we rely on them for everything from entertainment to bank information. In order to protect your personal information from theft and fraudulent activities, it is recommended that you take steps to establish cyber safeguards, protect your social security number, regularly monitor your transactions, know your trusted resources, and do your research if suspicious activity arises. #BerkleyOne https://lnkd.in/e3NFc4iq

Following a car accident, there are several proactive steps you can take to simplify the process of filing an insurance claim. First, ensure safety by maintaining distance, activating hazard lines, and contacting the police or medical assistance. Keeping your composure also plays an important role, allowing for more courteous exchanges. Make sure to be courteous, but refrain from taking responsibility or apologizing. It is recommended to only make statements regarding the accident to a police officer following the accident. Gathering information is an essential step to being proactive following an incident. It is recommended that you collect the contact information of the responding officer, request the contact information of other involved insured drivers, and collect any relevant passenger or witness information. Finally, noting surrounding circumstances through photos or documentation, such as weather, road conditions, injuries, etc., is essential to help potential investigative needs and provide a clear and concise description for your agent. #CincinnatiFinancial https://lnkd.in/gjWV6EKN

Older homes are often appealing as they may be found in established neighborhoods, have historical charm, and are one of a kind. However, there are often hidden expenses when purchasing an older home. Knowing what to look for when considering buying an older home is essential. The effects of age can lead to foundation issues, making it crucial to look for cracks in the interior and exterior, uneven floors, or windows that are difficult to open. Roofs, another potential area of concern, may require significant investment in older homes. It's recommended to look for missing tiles, moss or discoloration, and signs of moisture in your attic. Dangerous or outdated building materials, obsolete electrical, aged mechanical equipment, and plumbing issues are other areas that demand careful examination in older homes. A comprehensive inspection before purchasing an older home is a responsible step to avoid potential issues in the future. #CincinnatiFinancial https://lnkd.in/ejQu4xvs  

It is easy to be conscious of driving speeds and actions when we know we’re being watched, whether from a traffic cam or police car. However, sometimes, our driving patterns are being watched without our knowledge. Speeds, how often you slam on brakes, drive at night, or look at your phone can all play into auto insurance prices. This data is collected via popular apps such as Life360, MyRadar, or GasBuddy, in which you can opt into features that offer insights and, in turn, create a driving score. Some individuals suggest this has upsides of safer roads and a fairer system by paying for how one actually drives. However, downsides include discrimination against those working in large cities and late shifts, which could negatively impact one’s driving score and auto insurance prices. If you would like to know if your data is being collected, it is recommended to check the privacy settings of your car’s dashboard system and smartphone apps. https://lnkd.in/dhD6v6ev

The U.S. has the largest diamond market in the world due to its strong global culture of putting diamonds into engagement rings. Recently, there have been changes in diamond valuation. The four C’s are often used: cut, clarity, color, and carat. Cut has become an increasing concern over the years, as those with a shallower depth may be more prone to chipping. Other important questions to ask when considering value are: What is the metal worth? What is the diamond worth? Is it signed by a marker? Is it signed by Cartier, Tiffany, or Van Cleef Arpels (which can add value)? Each category may add or subtract from the value when examining a piece, which is why a thorough examination is essential prior to purchase. #BerkleyOne https://lnkd.in/enCG4ZEh