My Homeowner’s Insurance Is Out Of Control

insurance-1991216_640A North Bay Homeowner’s Insurance Update

Many people think there is nothing they can do to control their cost of homeowner’s insurance.  Let us change your thinking. Everyone here at our agency works hard to find ways to keep our clients’ personal lines insurance as low as possible.  We understand how important having the right kind of homeowner’s insurance is.  We also understand that you want your claims covered and you want outstanding customer service.

There are a number of things a homeowner can do to control premiums

  • Make necessary improvements to your roof, siding, and other structural areas. For example, if your roof is 75 years old, it may be time to replace it.  A new roof will reduce your premiums.
  • Limit the use of trampolines. Trampolines are responsible for a large percentage of household injuries.
  • Do you have a wood-burning fireplace or stove? These bad boys account for 36 percent of rural and residential home fires each year, according to the U.S. Fire Administration.
  • Keep your yard free of hazards that might cause injuries.
  • Do a bit of research before you get a dog. Some breeds cost more to insure. Dog bites account for one third of all homeowner’s liability claims.

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 Offer Insurance For Wineries That is a Good as The 1988 Pinot Noir

grapes-1611089_640As a winery or vineyard owner, you know there is much more to making fine wines than simply growing grapes. You work hard to grow, blend and produce the best possible quality you can. Large or small, the unique risks confronted by vintners requires customized winery insurance solutions.  North Bay Insurance Brokers is well-versed in the unique needs of wineries, vineyard owners and vineyard managers and can provide you with the expertise required to meet your needs.

Most traditional insurance products don’t respond the needs of farm, winery, and ranch operations. These can include; special farm equipment, manufacturing equipment, stable liability, dairy exposure, cattle and other livestock mortality exposures, high valued homes, livestock breeder’s floater to name just a few. Farms are exposed to unique additional exposures including, pollution and agritourism.

The Risks Of Wine Operations

  • Loss of crop due to weather
  • Varietals are accidently blended during the winemaking process
  • Wine is spilled during transferring or transportation
  • Visitor slips and falls in the tasting room
  • Insecticides applied in the vineyard on a windy day drift onto neighboring property.

Whether you’re a local grower or a large cultivator, we understand the value of insuring your greatest asset. At North Bay Insurance Brokers, Inc., we’re dedicated to providing the agricultural coverage and services you need to keep your farm or ranch protected – so you can focus on maintaining a smooth operation.

Maybe It Is Time For Insurance Buyers To Think Outside The Box

NL only 12sw12North Bay Business Insurance

The definition of incorrect thinking is to repeatedly take the same action and expect a different outcome.  As you think about your business insurance program for 2017, it is time to expect a different outcome.  This will cause you to consider different actions. To accomplish this, two things need to happen.  First, redefine how you define success in your risk and insurance program, and second, create a new set of actions that correspond to your new thinking.

Redefine Success

Under the old definition, most business insurance buyers define success as a lower premium. Therefore, the action corresponding is to get as many agents involved to create competition to lower the price.  Consequently, insurance buyers are happy if they get a 10% lower premium.  The problem with this thinking is that buyers generally do not know what they are getting for the lower premium. They may have created a big risk management issue once an un-insured loss occurs.

A New Way of Thinking

A new definition of success is to have an insurance and risk program that address the risks you have, and choose to have, insured.  Some risk you may desire to self-insure and others you may want to transfer to an insurance company.  This way, you understand what you are insuring and what you are not.

Now that I have redefined your thinking, you need to create a new set of actions. Just bidding out your insurance to get the lowest price will not work anymore.  You need to select an experienced and qualified agent that has the experience to educate you on your risks. The second action is to select an insurer that understands your industry.  For example, some insurers are better at underwriting the hospitality industry, and others are better at manufacturing, and so on.

Call a few agents, interview them, get their qualifications, and ask them how they would design a program for your business.  Start to think differently and you may get different and more effective results.

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

 

OSHA’s New Anti-Retaliation Rule Will Impact North Bay Businesses

The Occupational Safety and Health Administration (OSHA) recently instituted new electronic injury reporting and anti-retaliation rules.  The anti-retaliation provisions are part of a broader record-keeping rule that will require certain businesses to submit electronically all injury and illness data—some of which will be available to the public on the agency’s website.

The rule also prohibits employers from discouraging workers from reporting an injury or illness. The final rule requires employers to inform employees of their right to report work-related injuries and illnesses free from retaliation, which can be satisfied by posting the already-required OSHA workplace poster.

Here are some of the important aspects of the new rule

  • Employers must provide anti-retaliation training.
  • Have procedures for reporting injuries and illnesses that are reasonable and that do not deter or discourage employees from reporting.
  • Employers will need to develop a system, or process, for responding to, and resolving, employee concerns.

Every industry has specific needs when it comes to insurance. Industry-specific risks make it impossible for insurance companies to lump together one insurance plan for every business. At North Bay Insurance Brokers, Inc., we understand that being unique is what makes your business successful across the board. That’s why we provide industry-specific insurance options for businesses of all types.

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