Over 135 million US workers are covered by workers’ compensation insurance through their employers. Most US states require employers to carry the insurance as a way to help provide workers with both wage loss compensation and medical benefits following a work-related injury. Despite how common the insurance is, however, employers’ requirements for workers’ compensation coverage […]
Plumbing contractors in the US may find themselves in situations where different forms of insurance offer distinctly necessary protection. Whether you’re starting a new plumbing business or taking over a currently existing company, plumbing contractors in states across the country, including California, should consider various insurance products designed to help protect every aspect of […]
Few insurance purchases frustrate consumers more than auto insurance, especially in California. As a minimum level of coverage is a legal requirement in every US state, drivers are forced to eat the cost no matter how high it gets. Unsurprisingly, California drivers pay among the highest rates in the country for car insurance. If you’re […]
Californians are buying earthquake insurance at a faster rate than ever before. In 2017, the California Earthquake Authority reported that over 1 million California residents had taken out policies, the highest in its history. A standard homeowners insurance policy will not cover earthquake damage. Fire damage following an earthquake may be covered (a […]
I just want to take a moment to talk about actual cash value versus replacement cost insurance. When your home, personal property or business building is insured, the policy will pay for claims one of two ways. The first way is called replacement cost insurance. Basically, you have replacement cost coverage. The insurance company […]
For many individuals, inheriting property is usually seen as a good thing. After all, with home prices rising after the 2008-2009 housing crisis, homes are once again considered a good investment. By Q4 2017, the median sales price for homes in the US was over $330,000, an $80,000 rise from the 2007 height just before […]
Check this out: Hey, Ben Wong here. Just wanted to take a few minutes to chat about the umbrella policy coverages. The umbrella insurance, sometimes it’s called excess liability insurance, protects you from unforeseen major events. Here in California there’s more high-value cars on the road, for example, your Porsches, your Mercedes, your Teslas. […]
Running a restaurant here in CA, especially here in the Bay Area, can be challenging enough for the restaurant owner to plan and execute. Along with running the daily operation of your business, the topic of insurance can be overwhelming. However, with hundreds of data points coming from everywhere, it’s foolish not to take advantage […]
Check this out: Just wanted to take a moment to chat about the CEA California Earthquake Authority program. Earthquake insurance purchases have been up sharply. The CEA has sold 9,000 earthquake policies in January of 2018. That’s more than the average number of policies sold for an entire year from 2005 to 2015 and is […]
A certificate of insurance is a document that proves you have the necessary insurance coverage as mandated by an organization, employer, vendor, or other stakeholders that have an interest in your ability to respond in case of a covered peril. In our personal lives, for instance, those of us who drive a car carry a […]
