I Love My Agent…I Love My Agent…But Why?

bigstock-Smiling-business-team-looking--47168986A recent study by Assurant Health has revealed that consumers who previously went direct to the health insurance market are returning to agents.  The study found that 60% of consumers, who once bought direct from the market, have gone back to agents for help.  Consumers have determined that their costs do not change, and having an independent agent offers greater value.

Protection and Assurance for your Employees

North Bay Insurance Brokers, Inc. provides health insurance coverage for employees to businesses in Sonoma, Napa, Marin, Santa Rosa, Petaluma, American Canyon, and surrounding areas.

Your business is a multifaceted machine that requires protection at every level. The people who make your business go deserve the assurance that they are covered at all costs. At North Bay Insurance Brokers, Inc., we understand that quality health coverage options for your employees will ensure that your business attracts and maintains the best workers.

Here are some of the advantages sited:

  • Independent agents offer a great knowledge of the market and products.
  • There is a single point of contact.
  • Agency staff is much more qualified than those in the “marketplace” are.
  • Consumers were able to gain a better understanding of their coverage.
  • Consumers prefer to develop a relationship that involves trust.
  • Dealing with people is less stressful and less of a hassle than trying to complete the process online or over voicemail.
  • In addition, consumers who purchased through an agent were significantly more satisfied about how easy it was to understand their options and choose a plan that gave them the best coverage tailored to their needs, than those who purchased online.
  • Overall, consumers seem to prefer having the guidance of an experienced agent available to them.

Source: Insurancenews.net

 

 

North Bay Insurance Brokers Serves Up Hot Restaurant Insurance

bigstock-Restaurant-interior-with-table-18389597.jpgNorth Bay Restaurants, Bars, Taverns and Catering Services

Running a restaurant can be tough, but rewarding at the same time. Your restaurant is a meeting place for friends and family, and you have regular customers that are the keys to your success. But there are risks in running a restaurant, and you need the right business insurance to respond to your risks.

Restaurant Insurance

To protect your restaurant you should have the following kinds of insurance:

Property insurance – Covering the value of your building and contents.

Liquor liability – This helps protect you if a customer has too much to drink and drives and hurts themselves or someone else.

General liability – It protects you in the event someone slips and falls in your restaurant or you cause injury to someone.

Worker’s Compensation- Covers injury to employees.

Business income – If you have a loss and can’t operate, this insurance provides replacement income for period of time.

Food spoilage – Covers the cost of food that may be lost if freezers go down.  This usually can be added to a boiler and machinery policy.

Employment practices liability – Protects against wrongful employment practices including wrongful termination, discrimination and sexual harassment.

Cyber liability – A newer kind of insurance that offers liability insurance for damages arising from a failure of computer security or a wrongful release of private information.

Food borne illness coverage – This coverage insures against a customer becoming ill due to your food, or how it was prepared.

The restaurant business is a very competitive and complex business that comes with uncommon exposure risks. Restaurant insurance can help protect against many liabilities and we are ready to help you.

North Bay Insurance Brokers, Inc. provides insurance to businesses in Sonoma, Napa, Marin, Santa Rosa, Petaluma, American Canyon, and surrounding areas. No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. North Bay Insurance Brokers, Inc. would like to return the favor by giving you the coverage you need to ensure the security of your business.

At North Bay Insurance Brokers, Inc., we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

 

We Have To Pay Our Employees What?

bigstock-Group-of-industrial-workers-I-36357172Many states and cities are enacting new minimum wage laws, and all will feel the impact.  Not only will the cost of goods go up, but also every business will see an increase in workers’ compensation costs.  Those business with a high minimum wage work force will see an even higher premium increase.

In California for example, the wage increase affects 43% of the state’s workforce and makes California’s minimum wage the highest in the country.  Oregon Just passed a statewide minimum wage as well.  Alaska, Arkansas, Colorado, Connecticut, Hawaii, Massachusetts, Michigan, Nebraska, Rhode Island, South Dakota, and Vermont also increased minimum wages in 2016.

Increased wages will mean increased payroll, and your workers’ compensation premiums are based on your payroll.  With increased payroll, come increased benefits, which lead to increased overall claims costs and experience mods.

What is Workers’ Compensation?

Workers’ compensation insurance is insurance that provides lost income, medical benefits, disability benefits, and rehabilitative services for workers injured on the job or while performing work-related duties.

Why Your Business Needs Workers’ Compensation Insurance

When one of your employees gets hurt on the job or has a work-related illness, only workers’ compensation will cover them.  Health insurance benefits will not provide coverage for on the job injuries.

North Bay Insurance Brokers, Inc. provides insurance to businesses in Sonoma, Napa, Marin, Santa Rosa, Petaluma, American Canyon, and surrounding areas.

North Bay Insurance Brokers, Inc. understands the value of good employees. We know that your day-to-day operations depend on their hard work, expertise, and dedication, and if you supply them with quality benefits and plans, they can work with the peace of mind assurance that they’re properly protected.

Having the right Workers Compensation plan from North Bay Insurance Brokers, Inc. can allow your business to ensure payments and cover expenses if an employee is injured from a work-related accident. Injuries can range from car accidents and back injuries to equipment malfunctions and, in some unfortunate cases, death.

 

Owning A Home Is Risky Business

bigstock-Things That Will Impact Your North Bay Homeowner’s Insurance

If you own a home or rent, you need the right kind of homeowner’s insurance.  Homeowner’s insurance is needed to protect yourself, your family, and your property from loss and/or damage.  We can provide you with many homeowner’s or renting insurance options.  Let us do the shopping for you.

Do not place your homeowner’s insurance at risk!

  • Pay your insurance premiums on time. A poor payment history of constant late payments may encourage the insurance company to cancel your coverage.
  • Do not file an excessive number of claims. No doubt, you buy insurance to pay for covered claims or losses.  However, if you nickel and dime the insurance company, they may be apt to not renew your coverage, or offer a policy with a higher deductible or at a much higher premium.
  • Having a high risk is costly. If you own a pool, have an old home where the wiring or roof has been neglected, or own certain breeds of dogs, you may not get the most competitive rates.
  • Criminal activity. If you have been convicted of certain crimes, your insurer may not offer a renewal.  These activities might include assault, drug convictions, or fraud.
  • Be completely honest on your application. If it is found that the information on the application is dishonest or intentionally incorrect, you may be subject to a non-renewal.

At North Bay Insurance Brokers, Inc., we combine premium Auto Insurance with personalized service to give you the best coverage possible. Our insurance specialists will work with you one-on-one to find a policy that keeps you and your drivers protected at all costs – for peace-of-mind driving assurance.