Insurance Agency Bremerton, WA

How to Lower Your Risk for Summer Insurance Claims

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Insurance Agency Bremerton, WAWith summer in full swing and some modified socially distant outdoor fun happening, we thought it would be a great time to discuss some common insurance claims that can occur during the summer months and how to protect yourself.

Home Break In

While many families are choosing to stay home this summer versus traveling, some individuals may still travel. If you plan to travel this summer, it is important to know a few things when it comes to keeping your home safe from burglary and theft while you are gone.

Technology – many people have invested in home security devices. This can be great to alert you of any motion detected at your home. These devices are inexpensive and easy for do-it-yourselfers to install themselves. From wireless security cameras to video recording doorbells, you have many choices in the home video surveillance category that did not exist a few years ago.

If you do not have a home security device, you could look to setup some lights on timers. This very inexpensive tool can act like you are home by leaving a light on in a specific room in your home. You can set a timer so the light is on during normal hours in the evening where you normally would be up. Use LED bulbs in your lamps to be efficient.

Friends/Family/Neighbors – If you have a good relationship with your neighbors, consider asking them to keep a watch on your home while you are away. It is always good to notify your close neighbors you know and trust that you’ll be gone so they can keep an eye out for strange activity around your property.  You can also ask a family member or friend to swing by your place for extended trips.

Avoid Posting Social Media While Away – We know many people want to post their vacation photos each day on their social media accounts. However, posting while you are gone does allow people to know you are not home giving potential burglars an easy opportunity to get to your stuff.

BBQ

With COVID-19 motivating more people to stay home this summer, you may find yourself doing a lot more barbecuing. Review these tips below to ensure you are not putting yourself at risk.

  • Keep your grill at least 10 feet from your home.
  • Keep your grill clean to avoid a grease fire. It’s best to clean it before or after every use.
  • Smell for gas when you are barbecuing. The smell of gas could indicate a leak in your hose or connections.

Boating or Other Vehicle Accidents

The best advice we can give to avoid accidents to keep yourself distraction free while driving your boat, ATV or other vehicle. As a matter of fact, be a defensive driver. Not only should you be alert of your driving but the vehicles near you.

Chipped/Broken Windshields

More people may be on the road during the summer months and that can increase rock chips on your vehicle. Unfortunately, there is nothing you can do to avoid a rock chip, but there are some things to keep in mind to lower your risk of getting one. Keep your distance between the vehicles in front of you is our best advice. Tailgating increases your chances of a rock flying up and cracking your windshield. Also, be aware of the semi-trucks on the road as these large vehicles tend to kick up more road debris than the average vehicle.

Regardless of your plans this summer we hope you enjoy the summer season! If you have questions about your property insurance or would like more information about having an extra layer of insurance protection with an umbrella insurance policy, reach out to our agents. We are here to help.

Earthquake Insurance Agent Bremerton, WA

Is Earthquake Insurance Required? Learn About The Coverage.

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Earthquake Insurance Agent Bremerton, WAWe have all heard of earthquake insurance, but is it required to purchase if you own a home, condo or investment property? The answer is no. However, it is important to keep in mind that your standard home, condo or investment property insurance policy would not be cover you in the event your home was damaged from an earthquake. You would need a specialized insurance policy for earthquake coverage.

Well, what does my home insurance cover then?

Your home insurance policy covers you for many things! In the event your home is damaged from a fire, your policy provides coverage to fix the damage and can replace your personal belongings that were damaged.

If your home is damaged from wind, hail or lightning, you also have coverage.

Your home insurance policy also provides personal liability protection. This gives you coverage for scenarios like someone getting injured on your property or if your dog bites a neighbor. Your home insurance can cover the medical payments for the individual injured too.

Lastly, your home insurance can pay for expenses related to your home not being livable due to the damage. Therefore, the cost of a hotel, food and other living expenses you collect while your home is being repaired can be covered.

How much is earthquake insurance?

Like any insurance policy, it depends on many factors such as where you live, how old your home is, what type of home you own, etc. Talk to one of our agents about getting a free earthquake insurance quote. We can go over your options based on different coverages, then you can decide what policy may suit you best. This is always the best way to determine what earthquake insurance will cost since it is specific to the property being insured.

Know Your Disaster Plan

If an earthquake hits, do you know the safest spots in your home? For an earthquake specifically, where can you drop and cover in each room? Does everyone in your household also know where this is?

Other things that are important to know is how to shut off your utilities such as your gas, water or electricity. It may be important for every household member to know this information. Lastly, it’s important to always have a few emergency staples. Simple items like a fire extinguisher, flashlight, canned food, gloves, a blanket and water can all come in handy in the event a disaster hits.

While you can’t predict when an earthquake will strike, you can be prepared with an earthquake insurance policy as well as a home disaster plan. For an earthquake insurance quote, contact one of our agents.

Investment Property Insurance Bremerton, WA

I Am Moving, But Want To Keep My Current Home As An Investment Property

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Investment Property Insurance Bremerton, WAThe process of going from being a homeowner to a real estate investment/landlord is an exciting time. Not only are you working towards creating an extra revenue stream for your income, but you’re investing in what has historically been one of the best places – real estate!

When it comes to investing in real estate and being a landlord there is a lot to know and a lot to consider for liability purposes. In this article, we’ll discuss the ways to close the gaps with your insurance on your investment property.

Get a landlord insurance policy

Landlord insurance will insure your Dwelling/rental property as well as offer additional coverage for items stored at the property such as:

  • Additional buildings on premise such as sheds or garages
  • Equipment like tools, washing machines or other appliances used by tenant

In addition to property damage, landlords or rental property owners may also face legal ramifications for events that take place on the property they own. Having additional coverage for Legal Defense may help pay for legal fees from lawsuits like:

  • Libel or slander
  • Accidental Damage
  • Wrongful eviction

Get an umbrella policy, or consider increasing your liability limit on your umbrella policy

Being a landlord comes with an increased liability exposure. You can protect yourself with above and beyond insurance coverage in the form of an umbrella insurance policy to increase your liability limits that you purchase.

Think your liability limits are enough? Take this recent claim settlement:

A renter had notified the landlord that the boiler in the rental property was acting up and the landlord didn’t act quickly enough. Shortly after that call, a toddler severely scalded themselves and required months of painful skin grafts and therapy. The attorney settled with the landlord for the policy limits of $3 million.

Eliminate dangers around the property to limit your exposure

When you’d looking to eliminate liability exposures around a property, check some of these items:

  • Stair railings – check for loose or rotten railings inside and outside of the home
  • Trip hazards – walk the property and eliminate any large edges where someone could fall or trip
  • Swimming pools – if your property has a swimming pool, these pose major dangers to children. Be sure there is a fence with a self-closing gate that locks behind the person entering to stop curious neighborhood children or unattended children from entering the pool.

Owning investment property can be very rewarding, but do be aware of the additional risks there are. Fully eliminating your liability exposures is not ever a possibility, but mitigating your risk is. This is where we can help you come up with a comprehensive insurance package that protects you and your rental property. We would recommend scheduling a time to speak with one of our licensed agents to find you the right coverage and company for your rental property.