Would You Like A Raise?

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When it comes to auto insurance, having options can be a very important way to save money. Putting money back in your pocket is one of our primary goals.  We know and understand the auto insurance market.  This allows us to provide you with the best possible combination of pricing, coverage and service.

Auto insurance rates

Auto insurance rates differ from company to company, so it really pays to have us shop your insurance. Some markets offer better rates for trucks, RV and campers, while others can offer better rates for motorcycles.

Auto premium savings

There are many things you can do to keep your auto rates at the lowest level possible.

  • Review your deductibles. According to the Insurance Information Institute, raising your deductible from $200 to $500 could reduce your Collision and Comprehensive costs by 15 to 20 percent.
  • How many mile you drive will impact your auto insurance premiums.
  • Look for discounts. There are many different discounts offered by insurance companies. These include multi-policy, good student, and more.
  • The kind of car you own can have an impact on the insurance costs. Do some research about a car, before you buy it.
  • Is your coverage appropriate based on the type of car you have? If you have an older car it may benefit you to consider raising your collision deductibles.
  • Get your policy up to date. Have you experienced changes like a new address, divorce or marriage? Call us for a policy review.

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.

I have No Control Over My Life… Think Again

angry-2191104_640 (1)Many people believe that they have little or no control over their homeowner’s insurance.  Often, people think that premiums are determined by some “secret formula.”  It is true that every company has rates for their homeowner’s insurance premiums, but there are many factors that help make up your homeowner’s premiums.

Factors that help determine your homeowner’s premiums

  • Location
  • Age of home
  • Age of roof
  • The replacement cost
  • Distance to fire station

Get the best possible homeowner’s premiums

  • Install deadbolt locks.
  • Increase your deductible.
  • Some insurers offer occupational discounts for teachers, police, firefighters, government employees, etc.
  • Install a central station security system.
  • Your agent can help you evaluate the different policies and companies so you can make the choice this is right for you.
  • Ask for other discounts offered by your insurer.
  • Make sure your replacement cost is up to date.
  • Do you have replacement cost or actual cash value (ACV) coverage? We recommend replacement cost.
  • Do you need loss of use coverage? Most homeowners and renters do.

 

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.

 

You Think I should Do What? …. What is Personal “Self Insurance?”

change-1080462_640A North Bay Personal Insurance Update

The whole concept of insurance revolves around protecting the assets of an individual from financial loss due to an unpredictable event. The reason that we purchase personal insurance is to protect ourselves from financial disasters. We rely upon the insurance company to take on the risk in exchange for the premiums that we pay.  The average consumer spends very little time thinking about insurance purchases. The insurance professional is expected to do most of the thinking for us and advise us on what is best.

There is a simple principle that can be applied to almost all your property and casualty insurance purchases that will save you premium dollars. Self-insuring is that principle. The smart insurance shopper eventually grasps the concept of self-insurance. The whole idea around self-insurance is using deductible options and eliminating unnecessary coverage. The days of the $100 collision deductible for an auto insurance claim is fading fast–and it should.  A higher deductible saves you premium dollars.  That is what we call “self-insuring.”  When you change your deductible from $100 to $500 you are taking on the risk for the first $500 of physical damage. You can do the same thing with your homeowner’s policy, and you will lower your premium and still be covered for any major loss.

You will save a lot of money in the long run by not paying the insurance company money for services they may never perform.  You will save thousands of dollars by keeping your deductibles $500 or higher.

There are many optional coverage’s in auto and homeowner’s insurance policies that you may want to eliminate to save money.  We can perform a personal insurance review to determine if you are over-insured.

North Bay Insurance Brokers focuses on delivering quality insurance products with a personalized, hands-on experience that sets us apart in today’s market. Our trusted insurance professionals are here to help you with every step of the insurance process and can design a personal or commercial insurance policy to fit your needs. One of the insurance professionals at North Bay Insurance Brokers, Inc. will work closely with you to ensure that you receive individualized attention you deserve.

Now That Is One Sweet RV!

Motor HomeA North Bay Personal Insurance Update

As a Recreational Vehicle owner, you love to enjoy your “home away from home.”  You spend many hours cleaning and updating your RV in order to make sure your travel plans go well.  Regardless of whether you are relaxing at the lake or traveling through the Rocky Mountains, you need to take the proper steps to protect what you have worked so hard to enjoy.  Specialty Auto Insurance can protect your asset while giving you peace of mind knowing that if an accident does occur, you are protected.

RV Insurance Premiums

RV insurance rates do differ from company to company. It is important to have us shop your insurance to make sure you get the best insurance possible. There is no such thing as a one-size-fits-all insurance policy.  Some insurers offer better rates for trucks, RV’s, and campers, while others can offer better rates for expensive motorhomes.  We can cover class A, B, and C vehicles.

RV Insurance Coverage

  • Liability
  • Comprehensive and Collision
  • 24 hour roadside assistance
  • Uninsured/underinsured motorist coverage
  • Emergency expense money
  • Coverage for contents
  • Towing coverage
  • Medical payments coverage

Your standard personal auto insurance will not cover your recreational vehicle.  It is better to have coverage specifically designed to the needs and risks associated with your particular RV or travel trailer.

Our agency has a long history of proudly serving your area as an Independent Insurance Agency and representing some of the best insurance companies in the business. North Bay Insurance Brokers Inc. focuses on delivering quality insurance products with a personalized, hands-on experience that sets us apart in today’s market.

 

What’s In Your Wallet? An Insurance Card From North Bay Insurance Brokers

North Bay Personal Insurance Update

As we begin a new year, one thing on most people’s “to do list,” is buying home insurance and auto insurance.  When it comes to personal insurance, you want to be adequately covered if you do have a claim, but you do not want to pay more than you should.  We recommend that you call us before your personal insurance policies renew, so we can shop the market and compare options for you.

  • Review your deductibles and limits – Are they adequate for your needs? Are you using your personal vehicle for Uber, deliveries, or other commercial use?  If so, your vehicle may not be covered.  Are you renting out part of your home?  Again, you may need to adjust your coverage.
  • Use an independent agent – Independent agents can access many different insurance companies and select the one that offers the best combination of coverage, service, and pricing.
  • Do not buy insurance on the internet – Call us so that we can provide you with outstanding service along with competitive pricing.
  • Maintain good credit – Regularly check your credit score, since a low score may impact your premium.
  • An umbrella, or “excess,” policy kicks in where your liability coverage for your auto and home ends, and is a necessity if you have any assets to protect. A $1 million umbrella is common, but $2 million is more realistic these days.
  • Review your auto limits – If you have limits of less than $100,000, that won’t even cover the medical bills in a serious accident.
  • Maintain a home inventory – Having an accurate account of your personal property can provide for greater recovery in the event of a loss.
  • Bundle your insurance – Combine your auto, home, and umbrella policies with one insurer to receive greater discounts.
  • Set the right deductible – A higher deductible reduces your premium, but you have to pay more out of pocket in the event of an accident.
  • Consider identity theft coverage – Identity theft is one of the fastest growing crimes in the U.S.
  • Buy from a financially strong company – Your insurance is only as good as the company who stands behind the policy. The insurance company should have an “A+” rating or higher.

As a locally owned and operated insurance agency in Sonoma, California, North Bay Insurance Brokers, Inc. is committed to providing quality insurance products for individuals and businesses. We combine our strong insurance background and product knowledge to assist both current and future clients in managing and planning for all types of risk.

Have You Wondered If These Are Covered Under your Personal Insurances?

gh7776n9North Bay Homeowner’s Insurance

You buy homeowner’s insurance to protect your most important asset.  Or, if you are a renter, you buy renter’s insurance to cover your personal property and legal liability. Whatever the case, there are many risks to which you are exposed. Some risks are obvious such as fire and theft, while others are not. We wanted to provide you with some of the not so common claims that can arise out of home ownership or renting.

Homeowner’s and Renter’s Risks

Dog Bite Claims Homeowner’s and renter’s insurance policies (with liability coverage) will cover the medical bills for someone bit by a dog, a cat, a snake or other domestic animal in your home.  These policies even pay lost wages if the person can’t work.

Bike Accidents – If you have liability coverage and are involved in a bike accident where you are liable for the injury of another person, you most likely have coverage.

Falling Objects From The Sky – Damage that comes from “falling objects,” which includes stuff that comes from the sky, is usually covered.

Lightening – Homes partially or entirely destroyed by lightning-caused fires are not the only items that may be covered by your homeowner’s policy. Damaged electronic equipment like computers, high definition and plasma TVs, and refrigerators could also be covered.

Dinner Gone Bad – If you are entertaining your guests and they become ill or sick as a result of your food preparation, your liability insurance will provide medical expenses for your guests.

Remember, each personal insurance policy is different.  These items may be covered, but we recommend you check with our office to determine the specifics of your insurance policy.

Losses Not Covered under a standard Homeowner’s or Renter’s Policy

  • Earthquake
  • Flood
  • Intentional acts
  • Criminal acts

North Bay Insurance Brokers, Inc. 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.

 

Auto Insurance Deductibles…There Are Deductibles On My Auto?

free5454A North Bay Auto Insurance Update

These days everyone is looking to save on their auto insurance. We work hard to offer the best combination of pricing and coverage to all our clients. We recommend that you review your auto insurance program annually to make sure it is meeting your changing needs.  Considering changes in deductibles should be part of this process. Increasing deductibles can reduce your premiums and may save you money in the long run.

Pro:

Increasing your deductible will reduce your premiums. For example, let’s say you pay $225 per month for your auto insurance with a $50 comprehensive and $100 collision deductible. By increasing your deductible to $250 comprehensive and $1,000 collision you might save $75 per month. That is a $900 annual savings. Assuming you don’t have regular accidents, the savings would almost pay for itself in a year. (This is an example only. Actual savings will be based on individual factors)

Con:

If you raise your collision deductible to $1,000 and have an accident the next day, you must pay the $1,000. Are you prepared to manage that? Keep in mind these deductibles will apply even if your car is stolen or a tree falls on it; it does not have to be your fault.

Your deductible and limits are a personal decision and your financial situation plays a part in the deductibles and coverage you choose. PRL Insurance can review your insurance and provide deductible saving options, so please call us today.

As a locally owned and operated insurance agency in Sonoma, California, North Bay Insurance Brokers, Inc. is committed to providing quality insurance products for individuals and businesses. We combine our strong insurance background and product knowledge to assist both current and future clients in managing and planning for all types of risk.