Businesses In North Bay May Be In Trouble

bigstock-Risky-Word-Written-On-Cube-Sha-244520626.jpgEvery business has risks, we understand that. But as a business owner or manager, it is your job to manage risk so that your business can continue operating and grow. We can help you identify, treat and manage all your business risks because we know and understand your business. Here are some of the risk issues we have identified.

  1. Natural Disasters – These issues are always a concern for small and medium business. We can offer flood, earthquake and wind insurance as your needs arise.
  2. Cyber Liability- Cyber liability and data theft is one of the hottest topics for businesses, risk managers and insurance 2018 had some of the biggest data thefts that we have seen. But even more interesting, is that small businesses are exposed more than large businesses. In fact, 25% of data breaches affect businesses with less than 50 employees. A small business has a greater chance of having a cyber breach than it does of having a fire.
  3. Government mandates and regulations – There continues to be increased oversight from government in healthcare and financial reporting that creates new risk and liability for businesses.
  4. Political and Civil Issues – As seen in 2018, political and civil issues have a direct impact on many small businesses. Having the right kind of business insurance is important to protect your business in the event of civil riots.
  5. Business Interruption – If your business has a loss and you are unable to operate for a period of time, you will need financial resources in order to get back in operation. You may even need to continue payroll for a period of time. Business interruption insurance can provide these resources.

Our professionals work diligently to understand our client’s risks, goals, culture & vision in order to develop with you a risk management program to support your mission. 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, 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.

 

 

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Honey What Are Those Red Lights?

car-1531273_640Getting pulled over by a police officer can be a stressful and uncomfortable experience, especially if you have never been pulled over before. The primary reason for being pulled over is for your safety and the safety of others. Do not panic, the police are here to help and protect us.

Auto Insurance

It will be important to have your auto insurance ID card and vehicle registration handy. Not having auto insurance can be a serious issue.

There are a few things you can do to help the process go smoothly for you, the officer, and your passengers:

  1. If you see police vehicle lights in your mirror, slow down and pull over to the side of the road as soon as possible. Make sure you are far enough off the road for the officer to safely walk next to your car.
  2. Stay calm. Turn off your engine and radio. Keep your seat belt fastened and have your driver’s license and insurance information out and ready. Stay off your cell phone!
  3. At night, turn on your inside light to allow the officer to view the inside of your vehicle; doing this allows the officer to be assured that there is no danger to him or her.
  4. Do not argue with the officer.
  5. Do not get out of the car, unless requested to do so by the officer.
  6. If you have any passengers in your vehicle, request that they remain silent at all times with their hands in plain sight.
  7. Don’t make any admissions; if the officer asks if you know why you were pulled over say no. Another question they may use to trap you is by asking, “Do you know how fast you were going?” A simple reply is best such as; “I am always a safe driver and believe that I was going with the flow of traffic.”
  8. What if the officer wants to search your vehicle? The United States Constitution protects all individuals from unreasonable search and seizure. The exceptions to this are if you agree to a search, or if the officer believes there is illegal activity going on.

At North Bay Insurance Brokers 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.

 

 

 

 

Sharing Is Good… But At What Cost?

Handful of Paper Money

Handful of Paper Money

Sharing May Increase Your Personal Liability Risk

We live in a digital world that now allows us to share everything from our car, bike, boat, apartment and even our home with total strangers. Smart phones, and the applications that can be added, offer many useful tools, but some of these things create new and increased liability for you. Before you decide to jump into the sharing economy consider the following:

  • Do these sharing sites have the ability to protect your confidential information? Many times you are giving your credit card information to companies that may not have the ability to protect it.
  • If you use Airbnb to sublease your apartment, you might check your lease. Many lease agreements have “no sublease” clauses that do not allow for this kind of activity. Also, some big cities are now actually considering outlawing the Airbnb services as it reduces hotel/motel taxes.
  • Taxi services where individuals can offer rides to those who subscribe. Are you confident that these individuals have had proper background checks? Are they experienced drivers? Do they have the correct insurance? Remember, even in states that have mandatory auto insurance laws, over 25% of drivers don’t have insurance.
  • Personal auto insurance issues should be considered if using your car for hire. There is a big difference in the auto insurance world between a car pool for work and being paid to deliver people.
  • If you rent your primary home to others, it may limit your personal insurance coverage. Call out office for a review.

The use of the new sharing economy will most likely continue and may be a good way to make money. However, if you have an uninsured claim, the cost may be much greater.  Be aware that using these services may increase your risk of loss.

North Bay Insurance Brokers. is your trusted solution for homeowner’s insurance. We offer coverage options that are both flexible and affordable, and will work with you on an individual basis to find a policy that best suits your needs. Our team is dedicated to providing the assurance that your family and your possessions are secure.

Recent Wild Fires Means More Flooding

bigstock-Nature-burning-27273791We have been witness to record-setting wildfires in over the past few year and experts are now telling us that the results will mean more flooding. We have learned that a combination of record heat has created a massive growth of undergrowth that acts as fuel for wildfires, thus creating more damage to that land. This ground bloom dries out and creates more heat for wildfires.

Winter weather changes also have created more rain than snow, causing more erosion and overflowing dams. All of these conditions have created a perfect storm for flooding.

That means that the next six to eight months will be prime time for flooding.  If you live near water or in a flood zone, we recommend that you have flood insurance.  However, did you know that even if you do not live in a flood zone, you might need flood insurance?  According to Flood Smart, 20% of flood claims come from low-risk areas.

Why Get A Flood Insurance Quote?

  • Homes with mortgages from federally regulated banks or insured lenders in high-risk flood areas are required to have flood insurance.
  • Your standard homeowner’s insurance excludes floods.
  • If you decide you want flood insurance, you will need to secure coverage as soon as possible. There is a 30-day waiting period before policies can be bound.
  • There are flood policies for condominiums and apartments as well.

So, if the weather forecast announces a flood alert for your area and you go to purchase coverage, it’s already too late. You will not be insured if you buy a policy a few days before a flood. At North Bay Insurance Brokers Insurance Agency, we know you’ve invested a lot of time and money in your personal property and keepsakes. A flood insurance policy will cover the cost of replacing your valuables from any flood-related damage.

Call our professional staff today for more information. Don’t wait until you’re knee deep in water!

At North Bay Insurance Brokers, we know how hard you’ve worked to turn your house into a home. Since your home is one of the most important financial investments of your lifetime, you’ll need proper coverage in order to keep your investment protected and provide your family with the guarantee that they’ll always be safe and sound.

 

 

Is Your Business Insurance Broken?

NL only 12sw12

It Is Good To Review Your Business Insurance Program Every Year

Every North Bay business, like a car, needs checkup from time to time.  As your business grows or changes, your business insurance should respond accordingly.  If your business changes, there could be the possibility that you may not have the right business insurance coverage, and that can lead to an uninsured claim.

What A Business Insurance Check-Up Looks Like

We will review your policies and compare them to your operations to make sure that you have the coverage that matches your risk.  We will also review the following questions:

  • Have you added any new locations?
  • Do you now design, sell, or manufacture any new products?
  • Did you update or remodel your facility?
  • Did you make any investments in your business?
  • Have you added transport or delivery services?
  • Have you sold any personal property or equipment?
  • Are you expanding your services and/or your client base?
  • Have there been any changes in ownership?

At North Bay Insurance Brokers Insurance Agency, we know you’ve invested a lot of time and money in your personal property and keepsakes. A flood insurance policy will cover the cost of replacing your valuables from any flood-related damage.

 

 

I Drive My Car For Company Business… Now What?

White Car Cornering In Mountain Road With Speed Blur

White car cornering in mountain road with speed blur

There are many situations and reasons why employees drive his or her personal auto to perform business related tasks including: travel between work sites, client visits, and transportation of colleagues.  It is important to consider the risk you assume when you drive your car on company business.

There are two different kinds of risks and we will address each. The first risk is what we might call incidental use. The second risk is when a person drives his/her own car every day as part of their job, like a salesperson. This person’s job description actually includes using their own car as part of the day to day job functions.

Situation One – Incidental Use

Generally, in these situations, you would be covered under your personal auto policy. If you find you are driving more than 30-40% of the time on company business, it would be best to contact our office for a review of your coverage. Examples of incidental use would be:

  • Going to a company event
  • Taking the mail to the post office
  • Picking up supplies at the store
  • Going to see a client – occasionally

Situation Two – Drive as Part of the Job

Many personal auto policies have drive-for-business exclusions, requiring individuals to inform their agents that they drive for work and to acquire an endorsement. Without the endorsement, insurers may refuse to cover a claim. Here are some examples of work related situations where you might need to make adjustments to your auto insurance:

  • Outside sales professionals
  • Real-estate agents
  • Driving more than 50% of the time for the company
  • You receive an auto allowance
  • You take a tax deduction for work related driving

If you use your vehicle for delivery or landscaping you might need to consider a commercial auto policy, especially if the vehicle is used 100% for business use.

We are ready to help you with all your auto, home, RV, and motorcycle needs. Call us today. We can combine your insurance under one program and save you hundreds of dollars.

How To Make This Fall A Treat Not A Trick!

pumpkin-1014971_640We are gearing up for the holiday season and that means a new set of concerns for homeowners. First, there are weather-related concerns and then comes Halloween.

Did you know that the insurance industry can tell you what the most common claims are for each month? Insurance companies keep very accurate and detailed records of when claims occur and what kinds of claims occur in what season.

North Bay Insurance Brokers is your trusted solution for homeowners insurance. We offer coverage options that are both flexible and affordable and will work with you on an individual basis to find a policy that best suits your needs. Our team is dedicated to providing the assurance that your family and your possessions are secure.

Common Claims That Occur In The Fall

  • Rear-end collisions. These occur more in the fall due to changing weather and increased rain. If you’re following a car, leave at least four seconds of time between you and the car in front of you if going 45 mph.
  • Water damage. Damage as a result of rain or freezing pipes, occurs more often between October and December than in any of the other months.
  • Fires from candles, cooking, and fireplaces caused over 45% of the home fires in the fall months.According to gov, more than 2,500 people lose their lives in house fires each year, and another 12,600 are injured.
  • Theft from vehicles. From October through December, more cars are broken into at shopping malls, due to increased holiday shopping. Always place your packages out of light in the trunk when going back and forth from your car to the stores.
  • Snow, ice and rain accidents. Winter weather, even in warmer parts of the country, creates increased hazards and accidents. 37% of all skidding and snow claims occur between October and December.
  • Home burglaries increase about 33% during the fall. Keep your doors locked, use motion detectors, and turn on your home alarm.

In the next few days, we will be watching children scramble from house to house in search of the elusive Halloween treat.  However, keeping our kids safe as they are out Halloween night is always a concern.

Safety Tips For Kids

  • Never, ever, go into a house.
  • Costumes should be short enough to prevent children from tripping and falling
  • An adult or an older responsible child should always accompany young children. Even older children should go trick-or-treating with an adult, or with friends.  Never go out alone.
  • Only go to homes with a porch light on.
  • Plan costumes that are bright and reflective.
  • Do not eat homemade food.
  • Examine all candy.  If it has been opened, toss it out.
  • Use a flashlight.

At North Bay Insurance Brokers, we know how hard you’ve worked to turn your house into a home. Since your home is one of the most important financial investments of your lifetime, you’ll need proper coverage in order to keep your investment protected and provide your family with the guarantee that they’ll always be safe and sound.