Our Goal Is To Help You

Confused Way Of A BusinessmanA Business Insurance Update

There are many ways to select a business insurance agent. Some businesses may use the bidding method, where they call many agents and have them “bid” their business insurance. The problem with this is you really don’t know if you are getting equal products. It is almost impossible to compare products “apple to apple.”  The low bid may have limited, or no, coverage in areas in which your business needs coverage.  The best way to select insurance is to find a qualified and experienced agent who knows and understands your industry.  Then, allow that agency to go into the market on your behalf to find you the best possible price and coverage.

How to select an agent?

A qualified agent should help you identify your risks and help you understand what you should insure.  Then the agent should design a coverage plan, and go to the market to negotiate the best possible combination of business coverage, pricing, and service.  Here are a few questions for you to consider using when selecting your agent.

  • “If I had a claim, how would you help me?”
  • “How many years of experience do you have? And your staff?”
  • “When I call the agency with a question, who would I be speaking with?”
  • “May I have three references?”
  • “What ratings do the insurers have that you might use?”
  • “What systems do you have to help manage your business?”
  • “How do you define customer service?”
  • “What is your policy for returning phone calls?”
  • “How long do you usually keep a client?”
  • “What makes you skilled at what you do?”
  • “Do you have any industry awards?”
  • “Will I have to ask for my renewal to be processed?”

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

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.

 

 

Advertisements

Ride Baby Ride… But Call Us First

A Motorcycle Insurance and Safety Update

In 2016, motorcycle crashes claimed the lives of 4,976 people—up 8.3 percent from 4,594 deaths in 2015.  Motorcyclists accounted for 14 percent of all traffic fatalities, 4 percent of all people injured, and 17 percent of all occupant (driver and passenger) fatalities, according to a National Highway Traffic Safety Administration (NHTSA) report.  Summer traditionally sees an increase in motorcycle accidents, primarily due to the increased number of riders on the roads.

Motorcycle Safety Should Be Your Primary Concern

  • With the warmer weather, it is tempting to leave your helmet at home. Please don’t.
  • Always be aware of the weather conditions.
  • Make sure you carry proper reflective gear along with replacement bulbs, and any other basic equipment that can help ensure your visibility.
  • Airbags—Honda Motorcycle Company is the first company to offer the option of an airbag, which is available on one of the most expensive models.

Motorcycle Insurance

According to the Insurance Information Institute, you should have the following coverage’s on your motorcycle.

Liability Coverage

Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident.  It does not cover you or your motorcycle.

Collision Coverage

Collision insurance covers damage to your motorcycle if you are involved in an accident. Your insurance company pays for damages, minus your deductible, caused when you collide with another vehicle or object. Collision insurance usually covers the book value of the motorcycle before the loss occurred.

Comprehensive Coverage

Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. Like collision coverage, your insurance company will pay for damages, minus your deductible, and will cover only the book value of the motorcycle.  Keep in mind most comprehensive and collision coverages will only cover the factory standard parts on your motorcycle.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist (UM/UIM) coverage covers damages to you and/or your property caused by another driver who either does not have insurance (uninsured), or does not have adequate insurance (underinsured).

You buy California auto insurance to protect yourself when you have an accident or claim.  When something bad happens you want your auto insurance company to respond. When it comes to auto insurance, knowledge is power. Here are some facts to help educate you about auto insurance. At North Bay Insurance Brokers, Inc., we combine premium Auto Insurance with personalized service to give you the best coverage possible

 

To Tell The Truth

question-1262378_640Insurance Question We Most Often Answer

As professional insurance agents, we are asked many questions regarding personal insurance.  We thought it might be good to offer answers to the most common kinds of questions we receive.

“Why buy from an agent when I can go online?”

When you buy insurance online, you are forced to become the insurance expert and if there is ever an issue, you have only yourself to blame.  In most cases, we can offer the same, or better, coverage with a licensed professional agent who is willing to actually meet with you and educate you on your choices.  The cost for these services is included in the cost of your insurance.

“How much insurance do I need?”

That depends on your personal situation.  If you have a number of vehicles, recreational vehicles, or a boat, we might recommend higher limits than if you are a renter with no “toys.”  We also recommend that you buy auto insurance coverage/limits above the state minimum.  If you have a growing family and own your home, we suggest higher limits and a personal umbrella policy to protect your assets.  A personal umbrella policy is very competitive and can provide an added layer of coverage and security.

“Which deductible should I select?”

The higher the deductible, the lower the premium.  In the long run, it may benefit you to increase your homeowner’s insurance deductible above a minimum amount, especially if you are claim free for a number of years.

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.

Put The Breaks On!!

pit-crew-554352_640Auto Insurance for the High-Risk Driver

Are you a high-risk driver?  Incurring too many accidents or violations on your driving record can have a negative impact on your auto insurance coverage rates.  High-risk drivers do have options, and we certainly do not want you to go without auto insurance.

Find the right auto insurance company

Insurance companies differ in what they are willing to insure. It is important to shop your auto insurance with us to make sure you find the best possible combination of coverage, price, and service.  Some insurers will charge much higher rates if you have a record of accidents or violations.  We know the insurers that are willing to take high risk drivers.

Make sure you have the basic auto coverage

We can design a policy for you to help you minimize the high cost of insurance. We recommend auto liability and physical damage coverage. Whatever you do, do not go without auto insurance as that can create many more problems for you.

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.

Would You Like A Raise?

insurance-1991212_640

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.