Filing a Commercial Insurance Claim in the State of California

No matter what kind of loss your business might have suffered, the responsibilities that come from filing a commercial insurance claim can be enormous. Your broker-agent can help you throughout the entire process, and he or she will be your fist point of contact when you’re ready to make a commercial insurance claim. One of your responsibilities is to make sure that any reports are being filed in a timely manner, and it will help your insurance company to process your claim and complete its investigation as soon as possible.

Promptness in Processing Claims

You need to make an assessment of your loss quickly so you don’t run into a situation that may result in further losses, and it’s a critical factor in filing a liability insurance claim because it deals with potentially high dollar amounts. Failing to process a claim early enough could result in third-party litigation. And because of what’s at stake, it’s important to turn your claim over to a broker-agent or your insurance company as soon as possible. Litigation can be more expensive than if you were to process the claim in the beginning, and trying to handle the claim yourself will violate the terms of your contract.

If you have any questions about commercial insurance in the State of California, Neff & Associates Insurance Services Inc has a team of agents who can help you get the coverage for your business in Pismo Beach, CA. And we have years of combined experience in all types of insurance. Be sure to get in touch with us today to find out what we can do for you and your business!

Loss Prevention and Control

One of the best ways to minimize any potential liabilities that can come from an insurance claim is to go through a loss prevention and control process. Most insurance companies have loss prevention departments, but there are some that use contracted services. This procedure is often done on high-premium or high-risk policies as part of the insurance package, but you can still go through your own loss prevention and control process to lower your chances of having to file a commercial insurance claim. Your broker-agent can advise you on the best way to control your exposure to loss.

If you want to know about any regulations and procedures with regard to loss prevention and control, Neff & Associates Insurance Services Inc has agents who can help you get the advice that you’re looking for. We have been helping businesses in Pismo Beach, CA for a long time, and we can help you with the entire process. Contact our office today so we can help you get the coverage you need at a price that you can afford!

Renters Insurance: Why you need it?

It is a misconception to imagine that you will be compensated as a renter in case of any damage to your property, through your landlord’s property insurance coverage. In essence, this cover is supposed to pay for damage to the owner’s building and not your belongings. Therefore, the risk exposure for anyone without renters insurance is huge.

Protection of Personal Property

Despite the location you are currently living in as a tenant, you are prone to natural disasters and other risks including theft. Pismo Beach, CA residents can take advantage of renters insurance cover from Neff & Associates Insurance Services Inc, to guard against any loss or damage caused by these eventualities. 

The cover will cater for such perils as destruction caused by aircraft or vehicles, falling objects, riots, smoke, the weight of ice or snow, explosion, and volcanoes. It is also important to note that hurricanes, flood, and earthquakes, require a separate rider because this policy does not cover them.

Coverage for Additional Living Expenses

After suffering a loss as a result of such cases as a collapsed roof or an apartment fire, one needs to make some temporary living arrangements, as they seek an appropriate dwelling. Additional living expenses are incurred in the process, and your renter’s insurance policy will cover these, over a particular period.

Some insurance covers will only apply if you are within certain boundaries, which means you will lose compensation if you are beyond the limits set. However, the renter’s policy that Neff & Associates Insurance Services, Inc offers, covers your belongings even while traveling away from your residence. Possessions inside your car are also protected from theft and natural perils wherever you are.

When you think about the cost of replacing some of your belongings in the event of displacement, or what one needs to pay for temporary living plans at such times, it is clear that tenants in Pismo Beach, CA need renters insurance.