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.

 

North Bay Insurance Brokers Looks Into Their Crystal Ball

glass-ball-1547291_640Insurance Trends For 2017

2017 is here and insurance companies are changing how they manage your policies.  This means that pricing and services for business insurance and personal insurance is changing, mostly for the better. We have compiled a list of trends that you may find interesting.  These trends will also influence how claims are handled, what kind of coverage is offered, and how the insurer services your account.

Trends That Will Impact Business and Personal Insurance

  • Use of Drones – Drones may be used to collect information on your building and will be used to collect real time information on large losses.
  • Google and Zillow – Underwriters will use information on these sites to verify information on personal lines applications.
  • Social Media — Social media data provides real-time information about claims severity and localization and helps prevent fraud.
  • Homeowner’s Insurance – Coastal claims will continue to add pressure to increase rates in many areas.
  • Real Time Sensors — Factory and home sensors and telematics systems on cars and trucks will increase and add value to the underwriting process. This will give the better risks more discounts. For example, having vehicle sensors will allow personal lines insurers to offer discounts to drivers who follow traffic laws.
  • Digital Engagement – There will be greater opportunity to manage your business insurance or personal insurance online 24/7.

North Bay Insurance Brokers, Inc. provides insurance to businesses in Sonoma, Napa, Marin, Santa Rosa, Petaluma, American Canyon, and surrounding areas. No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. North Bay Insurance Brokers, Inc. would like to return the favor by giving you the coverage you need to ensure the security of your business.

 

 

I Love My Agent…I Love My Agent…But Why?

bigstock-Smiling-business-team-looking--47168986A recent study by Assurant Health has revealed that consumers who previously went direct to the health insurance market are returning to agents.  The study found that 60% of consumers, who once bought direct from the market, have gone back to agents for help.  Consumers have determined that their costs do not change, and having an independent agent offers greater value.

Protection and Assurance for your Employees

North Bay Insurance Brokers, Inc. provides health insurance coverage for employees to businesses in Sonoma, Napa, Marin, Santa Rosa, Petaluma, American Canyon, and surrounding areas.

Your business is a multifaceted machine that requires protection at every level. The people who make your business go deserve the assurance that they are covered at all costs. At North Bay Insurance Brokers, Inc., we understand that quality health coverage options for your employees will ensure that your business attracts and maintains the best workers.

Here are some of the advantages sited:

  • Independent agents offer a great knowledge of the market and products.
  • There is a single point of contact.
  • Agency staff is much more qualified than those in the “marketplace” are.
  • Consumers were able to gain a better understanding of their coverage.
  • Consumers prefer to develop a relationship that involves trust.
  • Dealing with people is less stressful and less of a hassle than trying to complete the process online or over voicemail.
  • In addition, consumers who purchased through an agent were significantly more satisfied about how easy it was to understand their options and choose a plan that gave them the best coverage tailored to their needs, than those who purchased online.
  • Overall, consumers seem to prefer having the guidance of an experienced agent available to them.

Source: Insurancenews.net

 

 

We Hope You Live Long And Prosper

bigstock-Laughing-Mother-And-Baby-outdo-45772297

Have You Planned For The Unexpected?

So, you’ve decided to purchase North Bay life insurance. Well then, you have made a good decision! If you have dependents, you know that you must provide for them long after you are gone. Buying North Bay life insurance shouldn’t be a budget buster either. While no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing.

We will give you free life insurance quotes. Naturally, you will want to talk to an agent. There are four types of life insurance plans from which you can choose: Term Life, Whole Life, Universal Life, and Variable Universal Life.

Term Life is the most affordable as it lets you lock in a fixed rate for the length of the policy [typically 10 or 20 years], but it does not have any cash accumulation. So, the only way it pays is if you die!

Providing for family members after your death is one of the most important reasons to include life insurance as part of your financial planning. You can receive your free life insurance quote by shopping online today; don’t delay

North Bay Insurance Brokers, Inc. is Here For You

There are many things to take into account when purchasing Life Insurance, and changes in your life situation can reflect changes in your insurance requirements. That’s why it’s important to carefully consider the different policy options and ensure that you have the right solution to meet your long-Term Life Insurance needs.

An insurance specialist at North Bay Insurance Brokers, Inc. will review your current Life Insurance situation and help you design a policy to plan for the future.

At the end of the day, one of the biggest investments you can make is an investment in yourself.