The Importance of Home Insurance

Your home is your sanctuary and it is also one of the largest, most expensive investments you will make throughout your lifetime. The staff at Neff & Associates Insurance Services Inc in Pismo Beach, CA know and understand the importance of having the proper amount of insurance coverage for a home.

Coverage Options for Home Insurance

There are many types of different coverage options you can choose when creating a homeowners’ insurance policy with your agent. Each one is important and covers a different area.

The main part of your home insurance policy will cover not only the structure of your home but outbuildings too. These can include a garage, shed, deck, in even barns if you live in a farming area. This part of your coverage will help you and your family recover from the loss of your home if it is demolished by a fire, natural disaster, or vandalism. This is an extremely important coverage option because you want to be prepared if a devastating event like one of these does occur.

You will also want to ensure that your home insurance policy covers all of your personal belongings as well as household items, such as furniture and appliances if a disaster happens or if your home is burglarized.

You will have to keep in mind that there are certain extra policies that you may need to take out on your home that include coverage options that are not part of your main home insurance policy. This includes earthquake insurance and flood insurance. If you live in a flood plain, you will definitely want to have flood insurance and if you live in an area in which earthquakes occur from time to time, you will definitely want to have that policy in place also.

If your house is paid off already, or you paid cash for it, you are not required to have home insurance in place but for your own peace of mind and well-being, you absolutely should open a home insurance policy with a trusted agent. If you owe a mortgage on your home, you will be required to have home insurance by your lender.

To get your policy started today, call the home insurance experts at Neff & Associates Insurance Services Inc in Pismo Beach, CA.

Do Pismo Beach vehicle owners need to have auto insurance?

People that live in the Pismo Beach, CA area will find that it is much easier to get around the community if you are a vehicle owner. Those that invest in a car will be making a big purchase that they will want to enjoy for a long time. A great way in which you can continue to protect your vehicle is by investing in an auto insurance plan. This coverage is needed for several reasons.

Insurance Covers Vehicle

A reason to always have this insurance coverage is so you can cover your vehicle. Those who decide they want to buy a car will want to know they can enjoy it for a long time. Your auto insurance plan will include provisions that can repair or replace the vehicle in some cases. This can help to protect your investment and ensure you will continue to have access to a vehicle. 

Insurance is a Requirement

You should also get this coverage as it can be a requirement. Similar to other states, those that are in California will have an ongoing legal obligation to carry auto insurance. If you do not continue to carry this, you could face various penalties. Also, those who have a car loan outstanding will be required to carry a full collision and comprehensive policy. 

If you want to get an auto insurance plan, and you are in or around Pismo Beach, CA, you will want to speak with a professional that you can trust. As you are evaluating your options, calling Neff & Associates Insurance Services Inc would be a great idea. The insurance team with Neff & Associates Insurance Services Inc understands your insurance needs and will give any support necessary to choose an ideal plan for your situation. 

5 Reasons to Get Renters Insurance

If you’re renting a home or an apartment in Pismo Beach, CA it is time to start considering renters insurance. Contrary to belief, as a tenant, you are not protected by your landlord’s insurance plan. Renters insurance ensures that your belongings, guests, and any damages are covered in case of an emergency. Here are the top five reasons to purchase a renters insurance policy.

Protects Your Guests

If you have a guest that is accidentally injured in your home or apartment, renters insurance will cover the medical bills and court costs if they were to sue you. This is especially crucial if you are a pet owner, as renters insurance will protect you financially if your pet bites your guest.  

Protects You Against Theft

If your home or apartment was broken into and burglarized, renters insurance will reimburse you with cash to cover your stolen belongings. Items covered include clothing, electronics, jewelry, and more.

Replace and Repair Damages Due to Natural Disasters

While the structure of your home or apartment is covered by your landlord’s policy during a natural disaster, your belongings are not. Renters insurance protects your belongings and will replace lost or damaged items.

Coverage for Fire

A fire caused by electrical issues is not typically covered by your landlord’s policy. If it is deemed your negligence started the fire, you are liable for the damages to both your belongings and the structure of your home or apartment. Renters insurance will cover the costs of fire damage.

Protects Against Accidental Damages

Renters insurance protects you from unintentional damage to your property, such as water damage, broken glass, and falling items.

If you’re in Pismo Beach, CA reach out to Neff & Associates Insurance Services Inc to learn more about renters insurance policies!

Status Is Motorcycle Mandatory in California?

Sourcing splendid motorcycle insurance in Pismo Beach, CA can be a frustrating mission. Motorcycle ownership is a dream come true for any Pismo Beach CA resident. Getting a good motorcycle insurance policy in Pismo Beach, CA safeguards you, your motorcycle, and other road users. Regrettably, most motorcycle riders ignore procurement of this crucial coverage, viewing it as a recurring expenditure. Motorcycle insurance will guarantee your protection and instill peace of mind, regardless of whether your motorcycle is operational or in storage during the winter spell. Connect with our agents at Neff & Associates Insurance Services Inc serving Pismo Beach, CA and its surrounding community.

Is motorcycle insurance mandatory in California?

Motorcycle insurance is legally required in California, and you must produce it before registering your motorcycle. Hitting Californian roadways without motorcycle insurance can attract dire consequences like fines and suspension of your license. The levels of liability insurance coverage advocated by the state of California include bodily injury and property damage. The state-mandated requirements in motorcycle insurance may not be sufficient in protecting you in the event of an accident. There are other optional coverages for your motorcycle:

Collision coverage: It’s designed to cater to costs for repairing or replacing your motorcycle arising from a collision with another vehicle or stationary object, including a post, tree, or guardrail.

Comprehensive coverage: It pays the cost for repairing or replacing your motorcycle arising from non-collision-related damages like falling objects, vandalism, and theft.

Un-insured or under-insured motorist coverage: If you are engaged in a hit and run accident with your motorcycle with a motorist who is inadequately covered or doesn’t have any insurance, this policy caters to the medical costs of your injuries and other passengers as well.

Medical payments coverage: It helps cover reasonable and essential medical expenses, including X-rays and ambulance rides to take care of injuries inflicted on you and your passengers boarding your bike.

Are you a motorcycle owner in Pismo Beach, CA looking for proper motorcycle insurance coverage? Don’t look beyond Neff & Associates Insurance Services Inc. Call or visit us today, and our dedicated team will help you get motorcycle insurance to meet your needs and budget.

Do I Need Flood Insurance in California?

No one can predict the full force and patterns of mother nature. Therefore, it’s paramount to keep your property and loved ones in Pismo Beach, CA protected. Floods are one of the most prevalent natural disasters apart from hurricanes and can wreak devastating effects at any time. Acquiring outstanding flood insurance from Neff & Associates Insurance Services Inc is vital in averting loss during these unpredictable eventualities like flooding.    

Is flood insurance mandatory in California?

California doesn’t require homeowners to maintain flood insurance. However, if your property is located in a floodplain, you might need to buy coverage as a condition of your outstanding mortgage. Since home insurance doesn’t cover flood-related damage, it’s prudent for Pismo Beach CA residents to buy flood insurance to safeguard their dwellings with separate flood insurance coverage. Is flood insurance a worthwhile asset? Indeed, flood insurance harbors the following benefits:

Protect your property

An inch of water can propagate insurmountable damage to your home. Regrettably, many homeowners believe that their home insurance covers flood damage. This notion is not always the case, given that your home is one of the most precious investments you own; it’s wise to safeguard it from flood damage to avert costly financing repairs out of pocket. Flood coverage caters to damages to your roof, floor, walls and other permanent fixtures in your dwelling when floods strike.

Protection of loved ones

Home is regarded as a haven for your pets and family. In case your home becomes uninhabitable after flooding, your family might be faced with the prospect of being homeless or leasing an apartment. If you admire your loved ones, buy flood insurance to ensure you get back on your feet after flood damage.

It gives you peace of mind.

Floods can strike without any prior warning, propagating substantial damage to your dwelling and possessions. Purchase flood insurance to enjoy a year-round peace of mind to discard any worries when the weatherman mentions the probability of a looming flood.

Flood related damage can be catastrophic. With that said, be wise and procure salient flood insurance coverage from Neff & Associates Insurance Services Inc serving Pismo Beach, CA to protect you and your home. Contact us today for more information.

How Condo Insurance Protects You

If you are the owner of a condo, your condo board almost certainly requires that you have condo insurance. And if it doesn’t, your lender will. And even if neither of them required it, it’s still smart to have condo insurance in place to protect you. If you need this coverage, give us a call at Neff & Associates Insurance Services Inc in Pismo Beach, CA. 

Inside Your Dwelling

When you own a condo, you don’t own every single part of it. That is, you don’t own the outdoor portions of your condo. That area is owned by your condo board. The inside, however, is covered by your condo insurance. It protects it against damage that can happen from a wide range of incidents. When something serious happens to your home and damage is caused, your condo insurance will be there to help you pay for the repairs. 

Your Belongings

When you have a condo, virtually everything you own is inside it. Those items also need coverage, and they are covered by your condo policy. When you have condo insurance and something happens to ruin your belongings, your insurance policy can pay for them so that you can get them repaired or replaced. 

Liability Coverage

Another way that condo insurance protects you is to give you protection against accidents that you may be liable for. For instance, if someone calls and gets injured in your condo, or another incident happens that results in injuries, you would be liable for the accident and responsible for the resulting medical bills. Your condo policy would pay for those medical bills so that you don’t have to pay them from your own pocket. 

Condo Insurance

If you need condo insurance, give us a call at Neff & Associates Insurance Services Inc in Pismo Beach, CA.

Important things to know about commercial insurance

As a business owner, you’ve probably heard colleagues discuss the importance of commercial insurance. You know you need it, but you might be wondering where to start. We at Neff & Associates Insurance Services Inc realize that it can be difficult to determine whether or not you, as a business owner, should consider investing in commercial insurance, so we’ve come up with a bit of information to help demystify this type of coverage. 

What is commercial insurance?

Commercial insurance protects businesses and business owners from liability and other claims related to a company’s official operations. These policies cover adverse events related to activities typically carried out during the delivery of commercial services. With commercial insurance, it’s critical to select a plan that includes the specific activities your business engages in. A company that employs drivers and provides vehicles for employee use will need different coverage than a retail business in which customers shop at physical stores.

Important things to know about commercial insurance

When it comes to selecting commercial insurance coverage, it’s important to ensure you are following your state’s legal requirements. Here’s an example — if you operate a business in Pismo Beach, CA, you’ll need to ensure the coverage you select meets California’s requirements for commercial insurance coverage as it relates to the goods and services you offer. An experienced agent can facilitate the process and help you select the appropriate coverage. 

Give us a call! We’re here to help

We at Neff & Associates Insurance Services Inc serve central California, including Pismo Beach, CA — so if you’re interested in discovering more about your insurance options, give us a call to set up an appointment. We offer several types of insurance coverage and are happy to assist you with a comprehensive review of your insurance requirements. 

Does Homeowners Insurance Cover Foundation Problems?

The brief answer is a yes. The home insurance policy covers foundation damages caused by incidents covered under the policy, and it does so to the policy’s limits. Your home insurance policy is meant to protect your home from a wide array of unanticipated incidents that can damage your home and lead to costly repairs. But the home insurance policy has limits, and it can’t cover damages resulting from negligence or uncovered perils.

When Does Home Insurance Cover for Foundation Damage?

Ideally, home insurance covers foundation damages when the damages are a result of accidental and sudden events. Such events may include the fall of a big tree or the accidental ramming of a truck into an elevated foundation.

Here are some of the common perils covered under your home insurance.

  • Falling objects
  • Lightning and fire
  • Hailstorms and windstorms
  • Civil disturbances and riots
  • Ice and snow damage
  • Vandalism
  • Explosions
  • Aircraft or vehicle damage
  • Water damage caused by the HVAC or plumbing system
  • Volcanic eruptions
  • Earthquakes and floods may also get covered on separate policies.

If the cause of your foundation’s damage is among the covered perils, then your home insurance company may intervene and help in the repair process. But if the damage results from an uncovered source of risk or negligence, then there will be no compensation.

When Does Home Insurance Fail to Provide Coverage in Foundation Damage? 

Your home’s foundation is subject to normal wear and tear, and it may crack and be unable to seal out moisture as it settles. The home insurance company isn’t obliged to pay for such typical repairs and maintenance. Neither is it mandated to pay for foundation damages resulting from negligence. For instance, pressure from tree roots, poor drainage, and faulty construction may lead to foundation damage, yet such events are preventable. If these events cause foundation damage, then there is no compensation.

Get Your Home Insurance Cover Today from Neff & Associates Insurance Services Inc

If you’re a Pismo Beach, CA, resident, visit the Neff & Associates Insurance Services Inc. website to get the best home insurance offers for your Pismo Beach, CA, home.

How Umbrella Insurance Protects You

When you have insurance policies for your home and vehicle, you may know that they each carry an amount of liability protection for you. However, if you were to look at the numbers, you may find out that they offer very little in the way of this protection. If you are not well covered by your liability coverage through these two policies, you may need an umbrella insurance policy. Talk to an agent about these policies by calling us at Neff & Associates Insurance Services Inc in Pismo Beach, CA.

Protecting Your Finances

If there were to be an accident in your vehicle or on your property, you can be held liable for it. If this happens, you will owe for the medical and repair bills that are caused by the accident. Your home and auto insurance policies each have a stated maximum that they will pay toward these bills, And if it isn’t enough, you are personally responsible for the rest. The solution is to get more liability coverage so that you will be well-prepared in this instance. With a far higher stated maximum, you can get through a major accident without it causing you to go bankrupt.

Umbrella Insurance Basics

Getting liability coverage added to your home or auto policy is often extremely expensive. Umbrella insurance doesn’t interfere with your auto and home policies. Instead, it comes in after those policies have paid their maximum, and then they pay on top of that. Umbrella insurance gives a large amount of liability coverage for a relatively small price. That’s why so many people are getting this type of coverage. 

Get Your Umbrella Policy

To be better covered for liability, call us at Neff & Associates Insurance Services Inc in Pismo Beach CA to find out more about these helpful insurance policies. 

What Defines Your Auto Insurance Premiums?

All drivers in Pismo Beach, CA, are legally required to have insurance for their vehicles. However, some may be confused about what affects their premiums. Neff & Associates Insurance Services Inc is here to give you a few common factors that can affect auto insurance premiums for your car.

Type of Car

There are types of cars that will cost more to insure because of their basic components like the engine’s cubic capacity. 

The Vehicle’s Age

It is more costly to insure a newer vehicle than an older one. This is because an older car has depreciated in value due to wear and tear, whereas a new vehicle still has the current market value, making it costly to insure.

The Type of Coverage

There are different types of coverage, like liability, collision, and uninsured/underinsured motorist coverage. They all have different costs and whichever you choose automatically affects the premium you will pay.

Your Driving Record

A person who has been in several car accidents in the past is likely to pay higher premiums than one with a clean record of driving. New drivers who have not had insurance before are also likely to pay more for their car insurance.

How Often You Drive

Most insurance companies consider how often you use your car.  Someone who uses their car once in a while, maybe on the weekends for family road trips, will pay less for insurance compared to one who commutes in their vehicle to work daily. With more miles covered behind the wheel, the risk of exposure is high.

Age and Gender

A driver’s profile also affects their car insurance premium. For instance, a young driver with less experience usually pays more for car insurance than older drivers.

If you reside in Pismo Beach, CA, it is good to be informed about what factors affect your insurance premiums. To learn more about auto insurance premiums, reach out to our team at Neff & Associates Insurance Services Inc. for assistance.