Auto Insurance Mistakes Every Driver Should Avoid

Whether you’re purchasing auto insurance for the first time or updating your policy, it’s important to research your options to avoid mistakes that can cost you money. By working with a reputable insurer, you can avoid paying more than necessary for your policy or losing out on valuable coverage. The following tips from Neff & Associates Insurance Services Inc in Pismo Beach, CA can help you make wise auto insurance choices.

Not Shopping Around

Auto insurance is an extremely competitive business. If you don’t shop around and compare what different insurers have to offer, you could end up overpaying for your coverage. Shopping around enables you to find the coverage you need at a reasonable cost.   

Choosing the Cheapest Price  

Going with the cheapest insurer isn’t always the best. It’s better to work with a reputable insurer who will provide you with quality coverage and services you can trust. Before choosing an insurance company, check reviews from their customers to see how the company fares in coverage, price and customer service.

Getting Inadequate Coverage

Don’t compromise on coverage to reduce insurance costs. Make sure you have the coverage you need to protect yourself, others and your vehicle. Your policy should cover minimum auto insurance requirements for your state. In California, minimum liability and uninsured/underinsured motorist coverage are mandatory.

Not Checking for Discounts on Coverage

Most insurers offer discounts on auto insurance coverage. By not checking to see if you qualify for discounts, you may pay more than you have to. You could pay less if you complete a driver’s safety course, are a senior, have a good driving record, have certain safety features in your vehicle or bundle your auto and home policies together.  

For quality auto insurance coverage at affordable costs, contact Neff & Associates Insurance Services Inc in Pismo Beach, CA.

The Main Benefits of Commercial Umbrella Insurance

Neff & Associates Insurance Services Inc is proud to serve the commercial insurance needs of the greater Pismo Beach, CA community. If you are a business owner in the area, it makes sense to take a look at the umbrella insurance options that are available. Primary commercial policies are often insufficient to cover all of your needs should a catastrophic event happen. A commercial umbrella policy can bridge any gaps that there may be in your current policy and help you prepare for the unexpected.

Benefits of a Commercial Umbrella Policy

A primary policy has limits, and once you reach that level for a claim, your coverage can end. If you have a major covered event that taps out your primary policy, an umbrella policy will help you fill the gaps. 

Business owners often have frivolous lawsuits brought against them, and a successful slip and fall claim, for one example, can be enough to exhaust your primary insurance coverage. Umbrella policies kick into action to cover any shortfall from your primary policy, thus minimizing the potential for personal financial responsibility. No one wants their business to be adversely affected by an event when there is protection available.

Don’t get caught with insufficient insurance coverage! The success of your business can be negatively affected if you don’t have the proper coverage. Take a look at your current insurance portfolio and determine if an umbrella insurance policy makes sense for you and your company!

If you are a business owner in the greater Pismo Beach, CA area, now is a great time to review your commercial insurance. The team at Neff & Associates Insurance Services Inc is here to ensure that your commercial insurance portfolio is sufficient. Don’t leave your business unprotected, find out more about commercial umbrella insurance today!

Motorcycle insurance: How much do I need?

More motorcycles are registered in the state of California than in any other state in the United States. Can you picture a better place to enjoy riding your motorcycle than Pismo Beach, CA? Probably not but when you are riding a motorcycle you do need to think about insurance. California requires all drivers to carry liability insurance, they follow the 15/30/5 rule. Since California is a no-fault state you will also be responsible for your own injuries. The staff at Neff & Associates Insurance Services Inc can help you understand what these terms mean. 

Liability insurance is important. It protects your assets. You may want to think about whether the basic amount that is required by the law is really enough to protect you. If you own a home, it may not be enough especially if you happened to get sued as the result of an accident. While liability insurance protects the other party/parties in an accident, what about you?  Uninsured or underinsured coverage can protect you in the event that you are in an accident with someone who doesn’t carry the required insurance.  

When you have a loan on your bike you will be required to have collision and comprehensive coverage. When the loan is paid in full you may think itis more economical to let that insurance lapse. Depending on the age and quality of your vehicle, this may not be a good idea. If you have an expensive bike or have done custom work on it the value may make it important to protect. It could be damaged in an accident or stolen and if this would be something that would be hard to pay for out of your pocket carrying these valuable additional coverages is a very good idea. 

Why not stop into the office of Neff & Associates Insurance Services Inc in Pismo Beach, CA and lets us make sure that you have all the coverage that you need for your motorcycle and yourself. 

 

Why Should I Get Flood Insurance

Buying a home in the Pismo Beach, CA area can be a great investment and long-term decision. For those that are in this area, the proximity to water can come with an increased risk of flood damage. Since this risk is prevalent in this area, getting flood insurance could be a good option. There are several reasons why you should get flood insurance for your property. 

Mortgage Requirement

Depending on where you live specifically, you may be required by your lender to carry flood insurance. Most lenders will follow the guidelines set forth by FEMA and if you are in a flood zone, you will need to have adequate coverage at all times. Even if your home doesn’t require it today, your lender will have the right to check these reports regularly and may need you to get insurance in the future. 

Protects Your Property

Even if there are no mortgage requirements for you to have flood insurance on your Pismo Beach, CA area home, you should still make sure that you get this coverage. Flood damage can be extremely significant. In some situations, it could require a major remodel or a complete rebuild of your property. If your base home insurance policy does not give adequate coverage for this risk, having the additional flood insurance is a complete necessity as it will give you the protection to mitigate this risk.

When you are shopping for a flood insurance policy, you should consider speaking with the team at Neff & Associates Insurance Services Inc. Deciding whether or not you should get flood insurance is complicated and very important. To make sure you make the right choice, speaking with Neff & Associates Insurance Services Inc. is a practical necessity. These professionals can help you get into a great policy that will protect against the risk of flood damage. 

Is Your Condo Guest Ready for the Holidays?

If you’re planning holiday events or receiving house guests this Thanksgiving or Christmas, now would be a good time to prepare your condo for the occasion. These ideas from Neff & Associates Insurance Services Inc. in Pismo Beach, CA can help you get started.

Declutter Living Areas

Clear out the clutter in your entryway and living room to create a more comfortable, relaxing environment for your festivities. This includes old newspapers, magazines, books, sports equipment, winter boots and anything else that makes your condo look cramped and messy. Store items that you want to keep and get rid of junk.

Clean, Clean, Clean

Wash curtains, dust furniture, clean windows, and floors. If needed, touch up walls with a fresh coat of paint for the holidays. Clean the kitchen to include cupboards, counters, refrigerator, and oven so you can cook in a clean, inspiring setting. Deep clean your bathrooms and stock up on bathroom supplies like toilet paper, paper towels and toiletries. Place holiday scented candles on the windowsill for a special touch.

Decorate Your Condo

Spread holiday cheer by putting up a tree and decorations to match. Holiday decorations help create a festive, welcoming environment for family and friends visiting for the holidays.  

Prepare Guest Bedroom

Air out the room to ensure it smells fresh. Make room in your closet for guest clothing and bags. Wash sheets, blankets and towels ahead of time, so they’re ready when guests arrive. Place a bowl of holiday snacks on the nightstand for guests to snack on. Make sure guests have good lighting to read during their stay.

Update Condo Insurance

Be prepared for unexpected accidents or calamities by updating your condo insurance. To learn more about condo insurance coverage and costs, contact Neff & Associates Insurance Services Inc in Pismo Beach, CA.

Things to Consider About Commercial Insurance

Commercial insurance is a broad category of insurance that includes many types of policies for specific protection. Any business that has employees must have workers’ compensation insurance. Every business needs general liability insurance. If you use any vehicles for the business, even if only occasionally, there needs to be commercial vehicle insurance in place.

If a business owns or leases a real property it needs to have commercial property and casualty (P&C) insurance. If it makes or distributes products, it needs product liability insurance. For those in a professional licensed occupation, such as healthcare practitioners or attorneys, then professional liability insurance is warranted. 

Commercial Insurance for Specific Needs

Many other forms of commercial insurance are helpful for protection against other risks, which include:

  • Business Interruption — This insurance provided financial support when the business cannot operate normally due to circumstances beyond the control of the business owner.
  • Key Person Life Insurance — Businesses that operate with the important contribution of one or a few individuals may want to consider getting key person life insurance that covers the death or incapacity of an important owner. These funds can help a business sustain operations while recovering for the loss of a key person.
  • Cyber Security Insurance — Cyber fraud is a significant risk from many businesses. This protection is important for any online business. It is especially important for a business that collects or stores personal information of consumers.
  • Umbrella Insurance — This type of insurance extends the policy limits of underlying policies and provides protection for some risks that are not otherwise covered.
  • Special Risks — There are customized commercial insurance policies available for special circumstances. Consult with your agent at Neff & Associates Insurance Services Inc serving Pismo Beach, CA and the surrounding communities.

Summary

There are so many kinds of commercial insurance that it is best to get a free commercial insurance review with the help of your agent at Neff & Associates Insurance Services Inc in Pismo Beach, CA. Your agent will review the current coverage to look for gaps that may create significant risk. Contact your agent today for a commercial insurance review and a quote.

Does Your Auto Policy Provide Adequate Medical Coverage?

Residents in the greater Pismo Beach, CA area may be surprised to learn that their auto insurance policy may not have the proper amount of medical coverage for their needs.  The team at Neff & Associates Insurance Services Inc is here to help you find the auto insurance policy that meets the needs of you and your family. Experiencing an auto accident is traumatic enough, and there is no reason to add financial stress and pressure to the situation. We are here to help you determine which policy levels are right for your needs.

Does Your Auto Insurance Provide Adequate Medical Coverage?

When you are involved in an auto accident your insurance provides medical coverage, but what if your accident-related medical expenses exceed your policy limits? For many people, their primary health insurance policy will step in to cover any excess expenses. If you do not have medical insurance, or your policy has low limits, you may then become responsible for the excess expenses. This is especially true if your accident involved an under or uninsured driver. Now is the right time to have your policy reviewed for completeness. Don’t wait until you are involved in an accident to find out that you do not have the coverage you need! Our team is here to review your auto policy medical coverage benefits and help you determine the policy levels that are right for your personal situation.

If you are unsure if your current auto policy provides the medical coverage that you need, the team at Neff & Associates Insurance Services Inc is here to help. We welcome the residents of the greater Pismo Beach, CA community to call or stop by and have their policy reviewed to ensure that it meets your needs.

Do I need to do a home inventory?

Most people own more things than they realize. You assume that you will remember everything that you have but if something should happen to your home and you need to tell your insurance company what you lost,  would you be able to remember what was in every room, every closet, every drawer and even in the attic or the basement? The answer is probably not. Having a home inventory can help to make sure that you can replace all the things that were lost. In Pismo Beach, CA the friendly staff at Neff & Associates Insurance Services Inc can help you to understand the importance of a home inventory.

Creating a home inventory can be very time-consuming. A two-pronged approach is best. Take a detailed inventory of each room and then follow up with pictures. For higher-priced items, it is wise to have proof of purchase including the cost. For items like jewelry, an appraisal may be necessary to prove the value. How detailed the inventory needs to depend on the type of replacement coverage that you have. Don’t forget things like Christmas ornaments that may be stored in an attic or basement. 

Once you have created the inventory it is important to store it in a safe place. A safety deposit box is a good option if you have one. If not, at least be sure that it is in a fire and waterproof container. Storing it away from your home is the best option. 

When it comes time to put together your home inventory, why not stop by the office of Neff & Associates Insurance Services Inc or give them a call to discuss this important document. If you live in Pismo Beach CA or the vicinity, they will be happy to help. 

How much renters insurance do you need?

Did you know that a landlord in Pismo Beach, CA is not required to provide a financial safety net for you should a natural disaster destroy your possessions in your apartment? The property owner’s main intent is to protect his investment. You, too, should think along these lines by purchasing a renter’s insurance plan that covers your financial losses when the unexpected happens. 

What is renter’s insurance?

The agents at Neff & Associates Insurance Services Inc can provide a full explanation about renter’s insurance. In short, though, a renter’s assurance plan is a policy that protects your possessions when the unexpected causes damage to your apartment. A good plan may pay for your furniture and appliances ruined by a leaking pipe. Some renter’s assurance policies also cover personal injury that a friend suffers while visiting your home. 

Why is renter’s insurance necessary?

The structure of your apartment or home in Pismo Beach CA is covered under your landlord’s assurance policy. Your keepsakes, however, are not covered under the same policy. You cannot even count on your landlord’s indemnity plan to pay for relocation fees in the instance of you having to live in a hotel for a few weeks so that repairs to the structure can commence. A renter’s insurance plan, however, may be able to help defray the cost of emergencies so that you do not have to rearrange your budget as much. 

How much renter’s insurance do you need?

The amount of renter’s insurance you need depends on your lifestyle. It is best to speak with an agent at Neff & Associates Insurance Services Inc about assurance plans to ensure that you get the policy that works best. Call us today to get started with a quote!

Motorcycle Insurance: Getting Ready For The Winter

When you’re driving around Pismo Beach, CA on a motorcycle, you want to make sure you’re getting ready for the winter months. It’s time to look at your motorcycle insurance policy to determine it has the coverage that you need. Neff & Associates Insurance Services Inc can help with the details, too.

Review Your Policy

It’s a good idea to review your policy every year. As winter approaches, now’s a great time to do that. Take the time to see if anything has changed. Your premiums could be on the rise due to an accident. If that is the case, you may want to shop around for a new policy. A different insurance company could be able to offer you more affordable premiums. You may also want to consider changing your coverage to feel better protected.

Continue Coverage

You also want to look at whether it’s necessary to continue coverage. As you prepare for the winter months, you may decide that you’re going to take your motorcycle off of the road. If this is the case, you may be able to pause coverage so that you’re not paying for insurance that you don’t need. Particularly if you’re not going to be riding throughout the whole winter, you can talk to the insurance company.

In the end, you want to make sure that you have coverage that you can count on. If you’re riding, you need to know that there is coverage to take good care of all that could happen.

At Neff & Associates Insurance Services Inc, we’re here to make motorcycle ownership easier for you. Contact us today to find out how to customize a policy so that you can enjoy peace of mind in Pismo Beach, CA. Our independent insurance agents are happy to help you find the right coverage.