Is Your Business Insurance Broken?

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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.

 

 

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Does An Agent Really Make A Difference?

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Personal And Business Insurance

The modern day customer is looking for value, ease of services, and quick responses.  In an era of impersonal internet companies, slick advertising, and “branding,” it can be hard for consumers to determine where to find the best insurance program for their needs.  To provide the best possible combination of coverage, services, and pricing, you need to look no further than your local independent agent.

Our Approach To Insurance Is Different

The best way to get the insurance that is right for you is to develop a relationship with your insurance agent.  The good news is that this process is not complicated or time consuming.

  • We respond quickly.
  • Insurance protects what is important to you, and we understand that.
  • We gain an understanding of your individual needs.
  • We educate rather than sell.
  • Finding the right insurance coverage is an important purchase, because everyone’s needs are unique.
  • Our professional team is trained and licensed.
  • Insurance is too important to be ordered online like a book.
  • Don’t wait for an un-insured claim to happen before you look for the right agent and coverage.

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.

Why Insure My Home When No One Is There?

old-house-54569_1280A North Bay Home Insurance Update

Under most insurance policies, when a property has been vacant for more than 60 consecutive days before a loss or damage occurs, there is NO COVERAGE for vandalism and other losses. Our agency offers options that can help protect your property whether you own a vacant home, condo or other eligible residential property.

Criminals watch your home and know when your home is vacant or when you are on vacation. Vacant homes also create a liability risk if children play in or around your home and you are not there to provide proper maintenance.

If you leave your home vacant, there are some insurance issues to consider:

  1. Most homeowner’s policies exclude vacant property.
  2. Call us today to arrange proper coverage for your vacant home.
  3. Consider adding security and additional lighting to make it look like someone is living in the home.
  4. Make arrangements to have the lawn and the outside of your home maintained while you are away.

Your policy may exclude losses for vacant property if you don’t endorse coverage. Call our office if you are thinking of leaving your home vacant for any long period of time to determine what you need to do to ensure you are protected in the event of a burglary or unexpected incident.

North Bay Insurance Brokers, Inc. 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.

Hold Your Horses… We Do All The Work!

horse-1006376_1920How To Prepare For A Personal Insurance Quote

We have all heard the advice “knowledge is power,” and in the personal insurance world, this is very true.  The more information we have as your personal insurance agent, the better and more competitively priced your personal insurance will be.  Keep this in mind as you prepare for your agent to quote your personal insurance.

Here Is the Good News

We will do all the heavy lifting for you.  All you need to do is have your information ready to give to your agent.  This may be information you already have at your fingertips, or information that is listed on your current personal insurance policies.  Then, we will do all the rest for you.

Now if you were going to try to apply for insurance online, the process is much more complex.  Not only would you have to know what information you need, but also how and where to use it to obtain the most competitive personal insurance products.

Keys to Getting the Best Price on Your Personal Insurance

Use an independent agent.  An independent agent has a number of advantages going for them.  Find an agent who has experience with the kind of insurance you need.  Your agent should be licensed and have an office you can visit if needed.

Benefits of Independent Agents:

  • They are not employed or controlled by any one insurance company.
  • These agents have access to dozens of markets.
  • They are locally owned; which means they live and work in your community.
  • When you call the office of an independent agent, you can talk to a licensed professional who cares about you.
  • Independent agents are a one-stop-shop for all of your personal insurance needs.
  • You get a choice of products and insurance companies that best suits your needs.
  • They not only find you competitively priced personal insurance, but they also make sure you have coverage that is designed for your individual situation.

Be honest concerning your personal information – Agents are held to strict confidentially standards.  We will never share your personal information with anyone with your permission.

Provide Information to Your Agent

There will be some necessary information needed for your agent to provide options for you. This information will vary based on the kind of personal insurance products you desire. Here are some of the types of information you may need to provide:

Homeowners Insurance

  • Personal information
  • Description of home
  • Any repairs or upgrades
  • Current condition and amenities
  • Age of roof and furnace, etc

Life Insurance

  • Health history
  • Family health history
  • Any illness

Auto Insurance

  • Personal information
  • Driving history
  • Vehicle use and description

Remember, knowledge is power.  Therefore, the more information your agent has the better pricing and coverage they will provide for you.  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.

 

Shake Rattle And Roll

earthquake-3167693_1920 (1)A California Earthquake Update

May 2018 saw a number of small earthquakes in California. Many experts are predicting a major quale on the west coast in the next 12 months. The only thing we have control over is how prepared we are when an earthquake hits our area.

“California sits at the border between two major tectonic plates—the Pacific plate, which is moving northwest, and the North American plate, which is sliding past it to the southeast. The two plates don’t just meet at a single line, and the state is crisscrossed with dozens of earthquake faults. The San Andreas is the most worrisome, because it generates the quakes that are really dangerous to California residents.”  Sarah Zielinski

What You Can Control

  1. Get earthquake insurance on your home. Earthquake insurance covers damage to your home and your possessions. Most earthquake policies also cover costs incurred to minimize further damage after an earthquake, plus costs for additional living expenses. Deductibles are generally 10-15% of the insured amount. Exterior structures such as pools, irrigation systems, driveways, and detached garages are generally not covered.
  2. Create a disaster plan.
    • Know where to go. If you are ordered to evacuate, know the local evacuation route(s) to take and have a plan for where you can stay. Contact your local emergency management agency for more information.
    • Put together a “go-bag” or disaster supply kit should you need to evacuate, including a flashlight, batteries, cash, first aid supplies, medications, and copies of your critical information.
    • If you are not in an area that is advised to evacuate and you decide to stay in your home, plan for adequate supplies in case you lose power and water for several days and you are not able to leave due to blocked roads.
    • Make a family emergency communication plan and review it regularly with members.
    • Many communities have text or email alerting systems for emergency notifications. To find out what alerts are available in your area, search the Internet with your town, city, or county name and the word “alerts.”
    • Disconnect electrical appliances and do not touch electrical equipment if you are wet or standing in water. You could be electrocuted.
    • If instructed, turn off your gas and electricity at the main switch or valve. This helps prevent fires and explosions.

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.

 

 

 

Are You Kidding Me?

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2018 is here, and 2017 is in the rear view mirror.  Last year we saw and experienced many hardships and disasters, but also hand many successes.  We hope 2018 brings you much happiness and success.  2017 was a year in which many entire communities were destroyed by storms and wildfires, 20 million or more people experienced an identity theft, and a number of women come forward describing their sexual harassment.

Here is a list of the top risk issues for 2017

  • Wildfires in California and Oregon – over $8 billion in damage
  • Storms in Texas, Florida, and the Northeast
  • Mid slides in California
  • Flooding in California, Washington, Oregon, and most of the Midwest
  • Identity theft and cyber breaches
  • An increase in sexual harassment claims
  • The continued evolution of driverless vehicles
  • The regulation of drones
  • Advances in home technology
  • Retention of key employees
  • The ability to attract quality workers
  • Terrorism
  • Random shootings

Over the next few months we will try to help you develop a clear plan on how to manage these risks. Please contact our office and we will be happy to help you identify what is important to you and then put together a plan to help you manage you risks most effetely.  Here are two important issues you may be facing in 2018

Identity Theft and Cyber Breaches

Identity theft insurance provides reimbursement to victims for the cost of restoring their identity and repairing credit reports.  This type of insurance will help you with certain kinds of expenses to aid you in restoring your credit.Cyber policies cover the liability arising from website media content as well as breach related property losses such as: (a) business interruption, (b) data loss/destruction, (c) computer fraud, (d) funds transfer loss, and (e) cyber extortion.  It can also provide notification and other services for a covered loss.

Harassment Claims

Your business must address this issue head on.  First, you need to secure employment practices liability insurance.  This insurance will offer defense and indemnification coverage should you be involved in an employment litigation.  Second, your business needs to have a clear anti-discrimination policy.  The policy should include reporting procedures and anti-whistleblower provisions.

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.

 

The Crystal Ball Says

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When was the last time you reviewed your personal insurance coverage? The New Year is a great time to review your personal insurance. Most of us know that major life events can make it necessary to update our insurance coverage. But did you know that even subtle changes can have an impact on your financial needs and plans?  Call our office today, and we can help you find the right combination of personal insurance coverage and price.

Personal Insurance

  • Review my insurance to make sure I have the right coverage
  • Take the time to read my insurance policies
  • Does my independent agent have all my correct information, including new phone number, address, and newly purchased property?
  • Make sure I have identity theft insurance
  • Do I have enough life insurance?
  • Do I need life insurance for my spouse?

 Other Items To Consider (you may need insurance for some of these)

  • Bought a new car or sold a car
  • Changed your marital status
  • Bought a boat, RV or ATV
  • Change of address
  • Welcomed a new baby into the family
  • Major inheritance
  • Have a new teen driver in the family
  • Child headed off to college
  • Purchased second home
  • Plan foreign travel
  • Started a home based business
  • I now drive my personal car for work

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.