What Does “Minimum Coverage” Mean?

If you are an automobile owner in the US, you are required to carry auto insurance that meets at least minimum legal requirements. The "minimum" in "minimum coverage" is dictated by state law – which means one state’s minimum may not cut it in another state. Here in Pismo Beach, CA, the state minimum is $15k/$30k/$5k liability insurance. These numbers essentially mean that if you are involved in an accident and it is deemed your fault, your insurance will pay a maximum of $15,000 for bodily injury per person involved up to a maximum of $30,000 to total bodily injury and a maximum of $5,000 toward damages. Note that these numbers do not cover situations where there is a no-fault accident, or you find yourself involved in an accident with an uninsured motorist. In this situation, there may be no financial assistance or reimbursement at all for you.

Minimum automobile insurance coverage can sound appealing – save big money on your premiums so long as you don’t get into an accident. However, in the event the worst does happen, you can be stuck with substantial out-of-pocket costs if you’re rolling with minimum coverage. The minimum coverage may sound like a lot now, but a common road accident nowadays can rack up total costs of more than $400,000. That means you’ll have to pay whatever your insurance doesn’t pay.

Neff & Associates Insurance Services Inc recommends you carry at least $100,000 of bodily injury coverage per person and $300,000 maximum bodily injury coverage per accident. It does not cost much more to be confident in your insurance limits. Make sure you are adequately protected by contacting an agent at Neff & Associates Insurance Services Inc here in Pismo Beach, CA and discuss your options. There are a number of policies available to help you save money without risking your financial future with ongoing settlement payments.

What Does Umbrella Insurance Cover?

There are all kinds of insurance options for you and your home. You likely already have home owner’s insurance and you should also have auto insurance and other coverage that protects other additions, such as boating and RV insurance. However, you may have come across umbrella insurance and wonder what exactly it is. Well our team at Neff & Associates Insurance Services Inc can help you out with that. So whether you live in or around Pismo Beach, CA here is everything you need to do. 

Additional Liability Insurance

If someone slips and falls on your sidewalk, trips down your stairs, or is injured by your vehicle, you may be sued. When you are sued your regular insurance policy may cover a small portion of the legal fees, but chances are you’ll be paying much of this out of pocket. With umbrella insurance coverage you bring about added protection. With the additional liability coverage you’ll protect yourself and have the necessary financial support from the insurance company to pay for the legal fees and other expenses. 

Peace of Mind

Accidents happen. Whether out on the road or inside your home, there are times where you can’t prepare for an accident because these issues do come about. However, while you can’t always prepare for an accident you can always protect yourself in the event of one. With umbrella insurance coverage you’ll protect your home and all of your financial assets. 

Giving yourself extra liability protection for your property and other valuables is always a quality investment. So whether you live in or around Pismo Beach, CA the team at Neff & Associates Insurance Services Inc are here to help you out every step of the way. All you need to do is give the team a call. 

Getting Insurance Coverage to Handle Your Bed Bug Infestation

There’s nothing worse than moving into a new Pismo Beach, CA apartment and discovering bed bugs throughout your home. If you have a renter’s insurance policy from Neff & Associates Insurance Services Inc or any else, you need to understand what your policy will cover and what it won’t cover.

Does Renters Insurance Cover Bed Bugs?

Renters insurance typically covers the physical damage done to a home but does not cover pest infestation. That problem is true of bed bugs, which rarely cause real physical damage to a home. Even worse, the liability policy of most renters insurance won’t cover you if a visitor gets bitten by bed bugs.

There are exceptions to this fact, however, and some policies will cover bed bugs. It all depends on where you get your insurance and what the company is willing to handle. However, finding a policy that covers bed bugs may require looking to alternative policy sources, including expanded renters insurance policy options. 

What Policies Will Cover Bed Bugs?

All-risk insurance is a great choice for renters because it will cover just about everything that can happen to an apartment. For example, it will cover bed bug infestations and will pay for getting them treated and eliminated from an apartment and protect your home from a new infestation.

Make sure, though, that you read through a policy carefully to ensure that there are no exclusions listed for pests. Even some all-risk renters insurance policies have exclusions for certain issues and bed bugs and other types of pests often quality as an exclusion.

Learn More About Renters Insurance

While many types of Pismo Beach, CA renter’s insurance policies do not cover bed bugs, that doesn’t mean that policies aren’t available that do. So if you are curious about this type of policy and want to ensure you are fully covered, please contact Neff & Associates Insurance Services Inc to learn more.

Does CA Have Helmet Laws?

Spectacular ocean views call many riders to enjoy California coastal highways. If you’re a motorcyclist in Pismo Beach, CA, contact Neff & Associates Insurance Services Inc to find out the legal expectations of operating a motorcycle here. In the meantime, here are the rules for helmet laws in California.

The short answer is yes. Currently, California does require motorcycle helmets, and this law applies to all riders. In this regard, California law mimics 19 other states. Another 27 states protect minors by requiring them to wear helmets and just three states don’t require helmets.

Types of Helmet Required

California follows minimum safety standards set by the U.S. Department of Transportation for motorcycle helmets. Standard 218 of the Federal Motor Vehicle Safety code set forth the following requirements:

  • Thick Inner Liner at least one inch thick and made of polystyrene foam
  • Riveted Chin Straps are sturdy and attached to the helmet via solid rivets
  • Weight for the federal standards is a minimum of three pounds
  • Helmet designs shouldn’t protrude more than 0.2 inches from the shell

Does Not Wearing a Helmet Affect Insurance Eligibility?

Federal laws and state requirements supersede insurance eligibility in this regard. In the state of California, helmets are required to operate a motorcycle, so they are automatically required to be insured as a legal motorcyclist.

Penalties for Not Wearing a Helmet

State laws do not consider operating a motorcycle without a helmet an equipment offense, which would involve steeper penalties. Violations are met with fines of varying degrees, depending on the circumstances. 

California law is very specific when it comes to how to hear a helmet to avoid circumvention of wearing a helmet anyway other than the head, In this case, the law is absolute.

To obtain an insurance quote for your motorcycle insurance in Pismo Beach, CA, contact Neff & Associates Insurance Services Inc to set up an appointment for a quote.

 

 

 

 

Flood Insurance in High Risk Areas

Floods and flash floods are considered the most expensive and common disasters across the United States. Damages caused by floods can be extremely costly in terms of repairs or replacements. Therefore, a flood insurance policy from Neff & Associates Insurance Services Inc. will come in handy when floods strike your home. Moreover,  your homeowner’s insurance doesn’t cover floods in Pismo Beach, CA.

Understanding high-risk flood area

As stated by the Federal Emergency Management Agency (FEMA), all flood regions across the U.S are classified as low, moderate, or high-risk flood zones. FEMA makes the determination as for whether an area is a high-risk flood zone based on geographical and historical factors of a given area. Some of the vital considerations include nearby bodies of water, previous causes of floods, the presence of mountains or hills, and the local drainage systems.

In other words, a high-risk flood zone is an area that has been marked by FEMA to be susceptible to flooding. That is why homeowners in Pismo Beach, CA with a mortgage should have flood insurance from Neff & Associates Insurance Services Inc. This is one way of cautioning lenders or banks from disaster whenever flooding occurs.

This is also important for people who are renting homes in high-risk areas as their landlords may require them to have additional protection for their units. Remember, when renting, your landlord’s flood insurance policy doesn’t cover your personal belongings. Therefore, you have a duty to protect yourself financially and ensure all your items are fully protected in case of floods, by purchasing a flood insurance policy.

Floods occur all the time and no homeowner can be immune from such disasters. Moreover, storms and hurricanes have shown very unpredictable patterns in the recent past. Do you want to protect your valuable assets and personal belongings against floods? Contact us at Neff & Associates Insurance Services Inc., for more information on how to stay protected by purchasing sufficient flood insurance.

 

What Are The Differences Between Condo and Home Insurance?

Every responsible property owner should understand what exactly their insurance policy covers. If you’re a homeowner, you need to consider not only your home but also your land and any other structures on your land, such as pools and sheds. If you’re a condo owner in Pismo Beach, CA, determining what needs to insure might seem more simple, but you still need to make sure there aren’t any gaps in your coverage. Neff & Associates Insurance Services Inc offers the home as well as condo insurance and we are here to help you navigate your insurance needs.

The biggest difference between condo insurance and home insurance is what part of the property the policy needs to cover. When you own a home, your insurance policy covers your entire structure and any surrounding land that you own. When you own a condo, however, your insurance only needs to cover the portion of the building that you actually own. There may also be special requirements for condo insurance set by the condo association where you live, whereas this is not the case with homeowners insurance. It’s important that you check with your condo association to determine what coverage you need.

Determining what coverage is required for your particular situation based on your condo and your condo association can be confusing. Condo owners in Pismo Beach, CA should talk to an insurance agent to help them understand what coverage they need so they’re not left with gaps and inadequate insurance. Before disaster strikes, talk to an experienced insurance agent at Neff & Associates Insurance Services Inc so you can have peace of mind knowing you and your property are fully insured.

How Commercial Insurance Can Cover Your Online Business

Many people in Pismo Beach, CA have started or considered starting an online business. Whether big or small, you need to understand an online business is still a business. You need to protect yourself, your assets, and your operations with some form of commercial insurance from Neff & Associates Insurance Services Inc.

Why Your Online Business Needs Protection

All businesses come with a certain amount of risk. Consider the potential risks generated by your online business. You may have to think hard about it, but you can probably come up with quite a few. Some examples can include:

  • A failure or perceived failure to deliver on a promise
  • Any harm or perceived harm, whether physical or mental, caused by your service
  • Selling a defective product to someone

This is not an exhaustive list. In addition, these things all apply if you hire a third party who creates these risks in your name. Basically, if you can think of any reason someone may consider suing you or your business, you need to mitigate that specific risk.

Even if the claim against you is unfounded and frivolous, you will still have to spend money fighting the case. This can stop an online business cold before it ever really gets going.

How Commercial Insurance Can Help Your Online Business

Commercial insurance gives your online business the protection it needs by providing coverage for all the things that can go wrong. For example, commercial insurance can provide:

  • Coverage for your business equipment
  • Coverage for business interruptions and loss of income
  • Liability protection if someone claims your business harmed them

The exact type of commercial insurance you need in Pismo Beach, CA will depend on the nature of your online business. To learn more about the options available to you and your online business, contact Neff & Associates Insurance Services Inc. today.

The Differences Between Policies for Classic and Regular Cars

If you love cruising around Pismo Beach, CA in your classic car, you probably already understand the importance of good car insurance. Even if you’ve collected classic cars for years, do you actually know the differences between regular and classic car insurance? At Neff & Associates Insurance Services Inc, we want you to understand your insurance and what you’re paying for. Read on to learn about the differences between standard car insurance and classic car insurance.

Cheaper

Most likely, you’re not driving your classic car to work and back every day. This limited use transfers to lower risk of an accident, thus lower rates. Classic cars are also usually well taken care of and stored in enclosed garages. For these reasons, classic car insurance is typically much cheaper than regular car insurance.

Car Value

Typically with regular cars, the value of your car is determined by the current retail value. With regular, everyday cars, this value obviously depreciates over time. With classic cars, however, value and cost operate very differently. Once you and the insurance company agree on a value for the car, that is the amount you will receive if something does happen.

Qualifications

It’s a no-brainer that you need a license to drive a regular car, but you also need a special license to drive a classic car. This is only one of the requirements you need to meet in order to qualify for classic car insurance. Talk to an agent at Neff & Associates Insurance Services Inc to find out what is required to ensure your classic car.

Next time you take your ‘63 Ford Galaxies 500 out for a spin in Pismo Beach, CA, you can cruise with the knowledge of how your classic car insurance works.

Does My Home Insurance Cover Pets?

Statistics indicate that at least 65% of United States households own a pet, which translates to approximately 79 million households. However, most of the homeowners in Pismo Beach, CA don’t seem to think about their pets when purchasing their home insurance policies. Did you know that most of the home insurance providers such as Neff & Associates Insurance Services Inc consider your pet as one of your family members? We all understand the fact that as much as we love our pets, they can be more destructive than our young ones. Therefore, the big question is; does your home insurance cover your pet?

Home Insurance and Pets

The first and most critical thing that you need to understand is that there is a big difference between coverage for your pet and liability coverage for the acts of your pet. Typically, your homeowners’ insurance policy won’t cover your pet as a family. For example, you can’t use it to treat your pet when it falls sick or gets injured. You need to purchase a pet insurance policy that will cover your pet’s life.

However, most of the standard home insurance policies will offer liability coverage for the acts of your pet. Your home insurance policy typically covers damage to your property, personal belongings inside your home and it will also protect you if someone is injured in your home. How about if your little friend damages your neighbor’s expensive carpet, are you still covered?

The simple answer to this question is yes; you will be covered since most insurance providers offer liability coverage for the acts of your pet. However, it is also good to note that some pets, especially dogs, are considered riskier than others, and your insurance provider may charge you higher premiums or decline to insure you altogether. Keep in mind that every policy is different and it is your responsibility to contact your provider beforehand to determine whether your pet can be covered or not.

Contact Neff & Associates Insurance Services Inc today for your homeowners’ insurance policy.

Auto Insurance Coverage Options

It is good to have an auto insurance policy to protect yourself financially in case your covered automobile is involved in a car crash. Most auto insurance policies have six types of coverages. These coverage options are usually priced differently. Here is what you need to know about auto insurance coverage options in Pismo Beach, CA.

Bodily injury liability

The coverage option will pay for any sustained injuries that you cause as the auto insurance policyholder. You and close relatives are also covered in case you are involved in an accident while driving someone else’s vehicle with their permission.

Personal Injury Protection (PIP)

The coverage option applies when paying for the treatments to the driver and passengers of your vehicle. In some situations, PIP can also cover lost wages, medical payments, and funeral costs.

Property damage liability

The coverage option pays for damage that you will cause to other people’s property. Hence, it covers damage to the other car, or someone else’s fence, building, and lamp posts among other structures.

Collision

The coverage option will pay for damage caused to your car after a collision. Meaning, if you damage your car in a pothole or hit another car or other objects such as telephone poles and trees, the coverage will protect you. Remember, damage caused to your car resulting from collisions with deer is covered under comprehensive. In most cases, the coverage is purchased with a separate deductible. Neff & Associates Insurance Services Inc may reimburse you for costs of repair to your damaged car, minus the deductible regardless of whether you are at fault or not.

Comprehensive

The coverage option covers your losses when your car is stolen or damaged by something else that is not covered under collision. It covers things such as falling objects, hail, flood, explosions, theft and vandalism.

Uninsured and underinsured motorist coverage

The coverage option reimburses you or a family member if hit by uninsured or an underinsured driver. The coverage may also come in hand if you are involved in a hit-and-run accident.

Are you shopping for the right auto insurance coverage? Contact us Neff & Associates Insurance Services Inc for more information.