Welcome to LoveMyCreditUnion.org


Welcome to the LoveMyCreditUnion.org Blog!


LoveMyCreditUnion.org is the home base for a member discount program called Invest in America (IIA). IIA was created in 2008 to help credit union members save on the products and services they use most from trusted U.S. partners.

We began with the Credit Union Member Discount from GM and soon grew to include the Sprint Credit Union Member Discount as well as savings programs from Dell, TurboTax, Jackson Hewitt, DIRECTV, Allied Van Lines and the TruStage Auto & Home Insurance Program. Plus, we offer our own discount partners Shop America and the Credit Union Auto Club.

Our blog is to keep you give you insider info on the latest discounts and share other ways to help you save. We hope you enjoy our blog and saving with IIA at LoveMyCreditUnion.org!

Wednesday, April 9, 2014

7 Things You Should Know about Homeowner’s Insurance



 
  1. What Is and What Isn’t Covered?
    Seems like a simple thing to know, but you’d be surprised how many homeowner’s can’t answer that question. Typical homeowner’s insurance pays for property damage and damage to your possessions from a storm, fire, theft or vandalism. It should also provide liability coverage if someone gets hurt on your property and sues. Homeowner’s insurance can also pay for things that aren’t in your house. Like if personal property is stolen from your car or your luggage is stolen at the airport.

    What isn’t covered? Some exclusions include earth movements (earthquakes, sinkholes, landslides, etc.), power failure, war, nuclear hazard, bad workmanship/repairs and flooding. Flooding from above like rain or a careless upstairs neighbor is covered. Flooding from below like sewage backup or ground flooding usually isn’t. And, depending on where you live, tornados may or may not be covered. 

  2. Little Changes Can Make a Big Difference
    Something as little as good smoke alarms, burglar alarms or a deadbolt could reduce your insurance premiums as much as 5%. Insurance companies usually base their premiums on what the risk is for them to insure you. So, stack the odds in your favor by adding some preventative measures and reduce your rates.

  3. Market Value vs. Replacement Cost
    Know the difference between the two? If not, you should. Market value is how much someone would pay for your house in the current market. Replacement cost is how much it would be to repair or replace your entire home and land.

  4. Don’t Wait to File a Claim
    Make sure you know what your time limits are to file a claim – and stick to them! Procrastinating could cost you by making your claim ineligible for benefits. You should always stick to the time limits – but especially if waiting will make the damage worse. Then insurance companies definitely won’t pay!

  5. When to File a Claim
    If something happens around your home, don’t take your friends’ or neighbors’ advice that it won’t be covered – find out for yourself. You won’t know if you have a valid claim until you call your insurance company. You never know what they’ll cover until you call. Just make sure you don’t file a ton of frivolous claims. That’s how premiums go up or policies get cancelled.

  6. Keep Good Records
    Like with most important things in life, it pays to keep good documentation and records. After damage occurs, be sure to keep track of every phone call you make, who you speak to and  keep every receipt and contract. And make sure to keep these documents in a safe place, either a fire safe or digitally like on a cloud.

  7. It’s Worth it to Bundle
    Bundling isn’t just a gimmick used in insurance commercials – it’s real and can really save you money. Have a car or two and a home? Insure them all with the same company and you’re bound to get a discount on your coverage. Plus, it can be a lot easier dealing with one insurance company versus several. Life’s complicated enough, why not simplify and save when you can?!

If you’re a credit union member, you can save even more on your homeowner’s and auto insurance with TruStage Insurance. Click here to start your free quote today.


Wednesday, April 2, 2014

Top 5 Tax Deductions You Might Miss





Everyone wants to get every penny they’re deserved come tax time, right? You might be overlooking hundreds of dollars in your return this year. Here are some lesser-known deductions you could be missing.

  1. On the Move? If you’ve relocated to a new state for a job, you can deduct the cost of packing and moving as well as a portion of what you pay for storage, insurance, transportation and lodging that’s connected to the move. While there’s no limit to the deduction, your new job needs to be at least 50 miles away from your previous one.

  2. Work from Home? If you’re self-employed you can deduct a portion of your utilities, cell phone bill, rent for the home office, member organization costs and even work-related magazine subscriptions.

  3. Do You Donate? If you’ve attended a fundraiser, you can deduct the cost of transportation to and from the event. Make sure to keep track of your mileage.

  4. Got Financial Help? If you sought out tax planning advice or made investments you could get some extra deductions. If you itemize the costs and they exceed 2% of your adjusted gross income, you could deduct planning and investment expenses including phone calls or subscriptions to financial-related publications.

  5. Faced Natural Disaster? Unfortunately, natural disasters do happen. If one happened to you, and you received federal aid, then you could deduct any uninsured costs you paid to get you back on your feet. 

Another way to ensure you get all the deductions you can, it pays to use trusted tax preparation software like TurboTax. And with TurboTax you get calculations that are 100% guaranteed to be accurate and to get your maximum refund, guaranteed

Credit union members can save when they file with TurboTax. Click here to learn more about the credit union member discount from TurboTax.

Wednesday, March 26, 2014

Five Most Common Car Troubles




If you’re like most people, you probably take your car for granted. We know you love your car, but it’s easy to overlook its aches and pains until it’s too late. That’s why we’re listing the five most common things that can go wrong with your car. We also have some tips to help you take better care of your “baby” before it needs fixing.

Top 5 Car Problems


  1. Battery
    A dead or dying battery could have many causes. Obviously, if your battery is old you increase your chances of it dying. The average life of a car battery is about four years.


    Extreme temperatures, hot and cold, could shorten a battery’s lifespan. Also, if you tend to drive short journeys each day, you could lose voltage. Be sure to take a longer trip now and then. A bad alternator, corroded terminals or lose connections could also cause problems.

  2. Tires
    Although many tire issues can be easily prevented, tires account for 10% of all emergency roadside calls. Be sure to check your tires’ tread and pressure frequently. A penny can help you determine if your tread is worn down. Put a penny headfirst into several tread grooves across each tire. If you see the top of Mr. Lincoln’s head, it’s time for new tires.


    As for tire pressure, check your owner’s manual or the sticker on the driver’s side door for the correct PSI (pounds per square inch) for your tires. Get a tire gauge and monitor your pressure often. It can save your tires and help you save at the gas pump.

  3. Check Engine Light
    It can be easy to ignore all of those lights on your dashboard – but don’t. Especially the check engine light. This one little light is there to alert you to one of hundreds of potential problems. It could just mean it’s time for your checkup or you’ve got a loose gas cap. Or, it could be something more serious like your emissions system, catalytic converter, fuel injection or spark plugs.


    Get in the habit of taking your car into your mechanic as soon as you can when that little light goes on. Better to be safe than sorry!

  4. Overheating
    An overheated car isn’t limited to the warmer months and could be a sign that something major is wrong with your car. The main causes of an overheated engine are a stuck thermostat, a leak in your cooling system, a faulty water pump, a bad cooling fan or a clogged radiator.


    As with most car problems, an overheated engine shouldn’t be overlooked. If you ignore the problem for too long, it could lead to bigger problems. So get it checked out sooner rather than later.

  5. Accidents
    It seems like an obvious culprit, but it’s also one of the most easily avoided problems. There are easy measures you can take to avoid getting into a fender bender or worse. Stay out of the fast lane, avoid tailgating, keep your eyes on the road – not your phone, be vigilant of blind spots and do what your driving instructor said by keeping your hands at the 9:00 and 3:00 positions on the wheel.  

Prevention 


The best way to avoid any of the above from happening is to treat your car with care. Have your car checked out regularly, maintain its service schedule, use a reputable and certified mechanic, don’t ignore warning lights and get any issue – no matter how seemingly small – looked at by that certified mechanic as soon as you can.
 

Another way to alleviate any of these issues is to have a dependable roadside assistance program. If you’re a credit union member, you can save money while getting excellent service from Credit Union Auto Club