We Care…And So Should You!

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California Insurance Companies Do Differ

We have access to many different insurance companies. There are some companies that specialize in motorcycle insurance, and others that offer custom homeowner’s insurance. You rely on your agent to help you understand the value of each insurance company. However, insurance companies are not all created equal, and we wanted to put forward to you the traits of a good insurance company.

Important Insurance Company Traits

  1. Online vs. people–if you ever need to call the insurance company, do you get a real person, or do they ask you to do all your transactions online? We believe that it is best to talk to a real person.
  2. Quick claims response–let’s face it; you buy insurance to have your claims paid. For example, if you have an accident, will your claim be handled quickly and fairly?
  3. Financial stability–you want your insurance company to be there for you in the long run. We review the financial performance of your insurance company on a regular basis to make sure you are protected as long as you need the insurance.
  4. Customer satisfaction–JD Powers and Associates publishes customer satisfaction ratings and provides information about the top insurance companies based on customer satisfaction surveys. More importantly, are you happy with the insurance company?
  5. Competitive premiums–price is always important, but our goal is to find you the best possible combination of price, coverage, and service. Cheap auto insurance could lead to uninsured losses.
  6. Experience–When you do call the insurance company, are their employees qualified to understand your needs, or do you get a college student working a summer job?

As a locally owned and operated insurance agency in Sonoma, California, North Bay Insurance Brokers 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?

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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.

Fake News, Not At North Bay Insurance Brokers

fake-1903774_640A business insurance update

Fake news has been around for some time.  We have all been fooled by headlines and news reports that turn out to be fake. Fake news is defined as a completely made up story designed to manipulate the readers and to attract attention and advertising revenue.

William Atak, CEO of SafeOnNet, an insurer specializing in online reputational risk, said the potential for reputational harm increased significantly in recent years. Along with it, the potential for millions in lost profits.  “Fake news has always existed.  Only now, the perpetrators have the tools and knowledge to create stories at just the right moment and exploit social media and its algorithms,” he said.

Can fake news hurt your business?

Fake news has the potential to harm your businesses reputation, and even cause you to shut down.  Here is a link to an article about how fake news affects business.  Link to article

Reputation insurance

There is a solution to this growing issue, and that is reputation insurance.  There is no question that a great deal of your firms’ value is derived directly from your reputation.  This kind of insurance reimburses the company for the cost of crisis management expert fees up to a set amount, usually between $50,000 and $200,000.

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.

Was Mr. Ed Right? Wilber Needs Insurance

grapes-1611089_640A business risk update

Farms, ranches, and wineries are facing several emerging risks that if not managed might have catastrophic results.  There are many unique risks facing farm and ranch owners. Some of these could be covered under your existing commercial policy, while others may require additional coverage.

As the owner and operator of an independent farm or ranch, you’ve made a number of investments into your agribusiness, equipment, machinery, and crops. Livestock is also a big investment for farmers and ranchers alike, and like any financial asset, you’ll want to ensure a high-level of security and protection – so your animals will stay covered.

Here are some top emerging risks for the agribusiness

  • Agritourism activities include everything from bed and breakfasts, corn mazes, educational field trips, hosting weddings and events, store or wine tastings, to “pick your own” and roadside farm stands. It is important to understand your increased liability by having visitors on your property.
  • Environmental risks are increasing due to continued government oversight and control. Many agribusinesses may need to turn to nontraditional chemicals.
  • Technology, which includes drones and robotic equipment, adds considerable value to your operation. However, there are new risks of privacy and costs to insure high valued equipment.
  • Weather continues to be a concern due to continued climate shifts and changes.

At North Bay Insurance Brokers, Inc., we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom

 

North Bay Insurance Brokers Joins with Napa Valley Insurance Services

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NAPA, CA — May 10, 2017 — Napa Valley Insurance Services (NVIS) and North Bay Insurance Brokers (NBIB) are pleased to announce they are joining forces through a formal acquisition. After serving the Sonoma Valley and surrounding areas for over 20 years, Tony Schmoll and Patricia Wallace decided it was time to pass ownership on to new stewards, close friends Pam and Mike Hogin of Napa Valley Insurance Services, LLC.

“I would like to express my deepest gratitude to our loyal clients and dedicated staff at NBIB for making these past 20 years an unforgettable ride,” said Schmoll. “I would also like to thank Pam and Mike Hogin and the whole Napa Valley Insurance Team for years of friendship, and for their dedication to our clients going forward. We are in excellent hands.”

Clients of both agencies will experience no material impact, as each business will continue to operate as usual. The North Bay Insurance Brokers Sonoma office will remain in place and will continue to operate under its current name, while the entire NBIB staff will stay with the company — including Tony, who anticipates managing the Sonoma office for a few more years and serving in an advisory role thereafter.

“We are thrilled to welcome North Bay’s clients and staff to the NVIS family,” said Managing Member Pam Hogin. “Our team looks forward to serving the community with the same level of care and reliability you have grown to expect from North Bay Insurance.”

Napa Valley Insurance Services was seeking to expand after experiencing a recent growth in Corporate, Agricultural, and High Net Worth personal clients. With both organizations sharing a similar size and philosophy, the acquisition was the ideal fit. For North Bay Insurance, being part of a now larger organization provides the business with ample opportunities to further its success in the same practice areas.

About Napa Valley Insurance Services:

Napa Valley Insurance Services is an independently owned and locally operated insurance agency in Napa, California. We help people across the state find affordable and reliable insurance products from a variety of trusted carriers. As an independent agency, we help clients find the perfect combination of coverage and price to fit their unique needs.

About North Bay Insurance:

As a locally owned and operated insurance agency in Sonoma, California, North Bay Insurance Brokers 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.

Napa Valley Insurance Services & North Bay Insurance

Napa/Sonoma, CA — napainsurance.com — northbayinsurance.com

 

Was Mr. Ed Right? Wilber Needs Insurance

horse-1006558_640 (1)A business risk update

Farms, ranches, and wineries are facing several emerging risks that if not managed might have catastrophic results.  There are many unique risks facing farm and ranch owners. Some of these could be covered under your existing commercial policy, while others may require additional coverage.

As the owner and operator of an independent farm or ranch, you’ve made a number of investments into your agribusiness, equipment, machinery, and crops. Livestock is also a big investment for farmers and ranchers alike, and like any financial asset, you’ll want to ensure a high-level of security and protection – so your animals will stay covered.

Here are some top emerging risks for the agribusiness

  • Agritourism activities include everything from bed and breakfasts, corn mazes, educational field trips, hosting weddings and events, store or wine tastings, to “pick your own” and roadside farm stands. It is important to understand your increased liability by having visitors on your property.
  • Environmental risks are increasing due to continued government oversight and control. Many agribusinesses may need to turn to nontraditional chemicals.
  • Technology, which includes drones and robotic equipment, adds considerable value to your operation. However, there are new risks of privacy and costs to insure high valued equipment.
  • Weather continues to be a concern due to continued climate shifts and changes.

At North Bay Insurance Brokers, Inc., we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom

My Renter Stole All My Stuff!

pixa free dcdVacation Home and Income Property Insurance

More and more people are using services like VRBO and Airbnb to find vacation rentals.  As a result, many people are using their homes to develop rental income.  A standard homeowner’s policy will not cover losses incurred while your home is rented out.  You may require a more specialized insurance policy.

Key Homeowner’s Insurance Concerns with Rental Property

  • Your homeowner’s insurance will not cover rental property.
  • Landlord policies generally cost about 25 percent more than a standard homeowner’s policy to pay for increased protections. source
  • You need landlord insurance when you do not occupy the same residence as your tenant. You will also need landlord insurance if you are renting out your own home temporarily, or sharing accommodations such as your basement level, with a renter.
  • You will need liability coverage in the event your renter is injured on your premises.
  • Your policy will not cover wear and tear due to increased use.
  • VRBO, Airbnb and other rental sites may require proof of insurance.

There are only a few insurance carriers willing to write an Airbnb liability insurance policy.  We have experience with insurers who handle this kind of risk. Because of the variety of options available, an insurance specialist at North Bay Insurance Brokers is available to make sure you have the right amount of coverage for your rental property at a price that meets your budget. With the benefits of a Landlords Insurance policy, you can rent to tenants with the confidence of knowing your investment is secure.