Reasons Why Flood Insurance Is Something to Consider

Unless you live in a designated flooding area, you probably think that you will not ever have a flood in your home and that it is something that you do not have to worry about. However, that could not be further from the truth. Just because you do not live in an area that is prone to flooding does not mean you are not at risk. In fact, about 20 percent of all flooding occurs in areas that are not designated flooding areas. When you look at that, you may want to think about the possibility of getting flood insurance. 

Another big reason to consider it is that your homeowners insurance policy likely does not cover any flooding, as most do not. Do not live in the dark and think that you will be covered by your current homeowners insurance policy because more often than not, you will not be protected by it in the case of a flood. 

Floods can also happen anywhere, even if you live in a relatively dry place. It does not always take a lot of rain to flood a nearly river or stream. Sometimes, it happens in overdeveloped areas where water can no longer absorb into the soil. It can happen if your neighbor has an above ground pool that collapses. It can even happen if you have a water main break inside your home. There are many different scenarios that can lead to flooding in your home. Instead of living in denial, you should consider flood insurance to protect yourself and your home.

If you would like more information, please contact us at Neff & Associates Insurance Services, Inc. We will be happy to find you the perfect flood insurance policy for your needs. 

4 Reasons That You Should Insure Your Business

There is a great deal of responsibility that goes along with owning your own business. Also, there is a lot at stake. If you are like most business owners, your business is your livelihood. Because of this, you should purchase a business insurance policy. There are several benefits of doing so.

You Cannot Prevent Lawsuits

You may think that you have the best clients in the world, and that they would never file a lawsuit. It is this mindset that can cause your business to go bankrupt. Lawsuits have many causes and effects, therefore, you need to be protected if something should happen.

Expensive Equipment and Inventory On-Site

If you have expensive equipment in your building or if you store your inventory on the property, you would want to have a business insurance policy. A business insurance policy offers protection that a personal insurance policy won’t. It can also protect against damage, theft, and other disasters.

You Have Contracts With Your Clients

Most business owners believe that their contracts with their clients are iron clad, and there is nothing that the client can do to break the contract. Unfortunately, this is not always the case. If something were to happen with the contract and there is a lawsuit filed, you will want to have business insurance to protect you.

You Have Employees Who Depend on You

Your business is not only your livelihood, it is also your employees’ livelihood. If another business or if an individual sues your business and you don’t have insurance, your business could go under. This means that your employees would be out of a job. Business insurance protects everyone.

More more information on the benefits of having a business insurance policy and to get a business insurance quote in the Pismo Beach, CA area, contact Neff & Associates Insurance Services, Inc.