Boat Insurance: Basics for New Boat Owners

Buying a new recreational boat is an exciting time, and new owners are eager to spend that time on the water with friends and family. Whether the boat is for lazy weekends at the lake, fishing trips, or even water skiing, it will require insurance just like any other vehicle. Much like choosing insurance for your car, truck, van, or SUV, there are many considerations in the type of policy you want for your boat. Western Insurance Marketing in Diamond Bar, CA has experienced agents who would love to walk you through the process of choosing the right coverage to insure your boat and provide you with peace of mind.

Basic Types of Boat Insurance Coverage

Physical Damage

This type of boat insurance protects your vessel against common damage caused by sinking, storms, theft, collision, and fire. Policies will vary, but most will cover the boat’s motor, extra fuel tanks, batteries, and anchors against these risk factors. Your onboard safety equipment like floatation devices and fire extinguishers are also usually covered under basic physical damage. Your trailer may not be covered, so be sure to discuss this with your agent.

Replacement Cost or Actual Cash Value

An important point to cover with your Western Insurance Marketing Corporation agent is whether the boat’s replacement cost is insured or whether you will receive the cash value for the boat. A replacement policy will cover the cost of repairing the watercraft back to its original condition or replace the vessel with the same or similar model. A cash value policy will pay you the actual cash value of the current market repair or replacement but takes into account how much the value of the boat has depreciated since you bought it.  

Liability Coverage

New boat owners do not want to consider that they may cause bodily injury or property damage with their boat, but when considering insurance coverage, it must be discussed. Liability insurance helps protect you if your boat causes injury or damage through direct contact or even something like damage caused by creating large wakes. This type of insurance will help cover legal fees and the payment of settlement of any lawsuits that may ensue.

Reach out to our offices in Diamond Bar, CA to speak with an agent about getting a policy for your boat or watercraft.

What Type of Speciality Coverage is Included with Umbrella Insurance?

Having adequate liability insurance in place is very important. While most people in the Diamond Bar, CA area already have liability coverage associated with their car and home, the amount of coverage may not be enough to properly cover you for your risks. In these cases, getting an additional umbrella insurance policy in place would be very beneficial as it could provide you with coverage in a range of different situations.

Significant Event Occurs

If you are involved in an accident or incident that causes significant damage or bodily harm and you are sued, you could end up being found liable for an amount that far exceeds the liability limits in your policies. However, if you have an umbrella insurance policy in place, you will receive additional coverage up to the limit of your policy. Furthermore, the insurance company will be able to provide you with valuable assistance when it comes to negotiating a settlement with the other party.

Unusual Issues Not Typically Covered by Liability Policies

An umbrella insurance policy will also be able to provide you with coverage for situations that are not typically covered by your other policies. If you are sued for slander or a number of other types of negligence, the amount that you are being sued for may not be covered under your home policy. With an umbrella insurance policy, you will receive coverage for these situations.   

If you are in need of additional liability insurance protection, contacting the Western Insurance Marketing Corporation could be a good option. The Western Insurance Marketing Corporation is a leading consumer insurance agency that serves customers in the Diamond Bar, CA area. The company will be able to help determine your personal risks and make sure you get into an umbrella policy that provides you with the right level of coverage.

Fires And Floods In California

California is a beautiful place to live, but it faces a lot of environmental concerns in the shape of floods, fires, and droughts. Unfortunately, there’s not much one can do to prevent their home from being damaged. You can put out a small grease fire before it gets out of control, but there’s not much a single citizen can do against a raging forest fire. Likewise, a flood isn’t something that you can prevent.

How can fires or floods affect me?

What people in the San Jose and Diamond Bar, CA area can do is prepare. This means having an escape plan, knowing what you’re going to do if your area is hit with a forest fire, and it means making sure to call Western Insurance Marketing Corporation and make sure that you have sufficient coverage.

Many homeowners make the mistake of hedging their bets on policy. Why buy flood insurance if you live on top of a mountain range, right? But flooding can hurt your home in any number of ways. Sewage backup, or just washing away the support columns on your home as a mudslide goes down the side of the hill. Likewise, a forest fire doesn’t have to burn your home to cause severe damage. Smoke damage can be a very serious concern, costing thousands of dollars to scrub away and restore.

Staying safe doesn’t have to mean predicting the future, but it does mean being prepared for it. With sufficient home and flood insurance from Western Insurance Marketing Corporation in Diamond Bar, CA, you’ll be covered against most of what California has to throw at you, from fires to floods to burglary and anything else. If you don’t want to pay for something out of pocket, get it covered.

How Much Coverage Is Appropriate For Condo Insurance?

When insuring your condo, the amount of coverage needed and the monthly payment can vary greatly due to numerous factors. Insurance plans will cover damages that occur on the inside of the condo, but external damages vary greatly. Personal items may also be covered, but again, that depends on your association’s insurance policy. Check out Western Insurance Marketing Corporation if you live in the Indio or Diamond Bar, CA area to see if they can help you find the right insurance plan.

How Much Coverage Should I Expect?

You need to think about the assets that are covered by your policy. Add up the amount that your personal possessions are worth, including electronics and furniture, and assess how much it would cost to repair items around the house in the event of a major disaster. Realistically speaking, coverage of at least $10,000 to $20,000 is not unreasonable to expect. Of course, some policies may have a maximum amount that is covered per item, so consider that when shopping for coverage.

How much should I pay?

The amount varies but is not typically a lot. The value of your condo and your coverage amount will be the main factor that determines your payment amount. Having a lot of high-value items may also drive up the payment amount of your insurance policy.

Condo Insurance may come in a bare-bones style plane or an all-in-one package. Determine the value of your assets and think how much you should insure in order to determine which plan is right for your living situation. For further questions and quotes, get in touch with Western Insurance Marketing Corporation if you live in the Indio or Diamond Bar, CA area, or reach out by phone.

How Much Coverage Is Appropriate For Condo Insurance?

When insuring your condo, the amount of coverage needed and the monthly payment can vary greatly due to numerous factors. Insurance plans will cover damages that occur on the inside of the condo, but external damages vary greatly. Personal items may also be covered, but again, that depends on your association’s insurance policy. Check out Western Insurance Marketing Corporation if you live in the Indio or Diamond Bar, CA area to see if they can help you find the right insurance plan.

How Much Coverage Should I Expect?

You need to think about the assets that are covered by your policy. Add up the amount that your personal possessions are worth, including electronics and furniture, and assess how much it would cost to repair items around the house in the event of a major disaster. Realistically speaking, coverage of at least $10,000 to $20,000 is not unreasonable to expect. Of course, some policies may have a maximum amount that is covered per item, so consider that when shopping for coverage.

How much should I pay?

The amount varies but is not typically a lot. The value of your condo and your coverage amount will be the main factor that determines your payment amount. Having a lot of high-value items may also drive up the payment amount of your insurance policy.

Condo Insurance may come in a bare-bones style plane or an all-in-one package. Determine the value of your assets and think how much you should insure in order to determine which plan is right for your living situation. For further questions and quotes, get in touch with Western Insurance Marketing Corporation if you live in the Indio or Diamond Bar, CA area, or reach out by phone.

The Importance of your Annual Health Exam

An Annual Health Exam

The Western Insurance Marketing Corporation in Diamond Bar, CA notes that annual health exams are a way to take stock of your general health and to catch problems when they are still minor. Your doctor will check such things as your blood pressure, your heart rate, your weight, and other factors during a physical exam. Your blood will be drawn and tested for things like blood sugar, cholesterol, electrolytes, and other factors that may affect your health. You will probably get an EKG to check your heart and undergo screening for cancer. The exam will be tailored to your age, gender, any pre-existing conditions you might have, family history, and other risk factors.

Unexpected people who seem healthy may be walking around with a chronic disease that has the potential to seriously affect their health and, ultimately, even kill them. Your annual exam may not find anything, which at the very least can prove to be reassuring. As a result, your primary care physician can offer you advice on how to maintain and improve your health during such an examination.

If your doctor does find something, it will be better than if you wait for symptoms to present themselves. Then he or she will be able to prescribe a course of treatment that will be more likely to address what might be ailing you.

If you have any questions regarding health insurance or related issues, contact the Western Insurance Marketing Corporation in Diamond Bar, CA, serving Riverside County, Orange County, and Santa Clara County.

Extra Things You Probably Didn’t Know Your Auto Insurance Covered

You probably assume that your auto insurance covers your vehicle and that’s it. While auto insurance’s first duty is certainly to cover damages to your vehicle, there are several “extras” that you probably didn’t know your auto insurance covered as well.

Coverage for Others’ Personal Property

Most of the time, auto insurance will not protect your own belongings in your car. For example, if someone broke into your car and stole something valuable while also breaking your window, auto insurance would likely cover the cost of the window repair, but it would not replace your stolen item.

On the other hand, if the belongings that were stolen from your car or damaged were not your own, it is quite possible that your auto insurance plan will cover them.

Car Seat Coverage

Naturally, protecting your children while they are in your vehicle is essential, so this safety feature often melds with the other safety features in your car. Add this to the fact that a car seat is essentially “part of your car,” and this means that fixing or replacing your child’s car seat may be covered by your auto insurance if it is damaged.

Vandalism Coverage

Finally, vandalism may be covered by your auto insurance as well. This usually includes “car keying,” intentionally popped tires, and other scratches and dents.

One thing to keep in mind, however, is that not all auto insurance policies will have these extras. You’ll need to check with your insurance agency and verify your policy to make sure that you have them.

Western Insurance Marketing Corporation

If you are a San Jose or Diamond Bar, CA resident and are looking for auto insurance, Western Insurance Marketing Corporation can help. We provide auto insurance to the residents of San Jose, Indio, and Diamond Bar, CA as well as other surrounding areas. To learn more about our auto policy options and to speak with an agent about your choices, stop into our nearest agency location today, or give us a call at your convenience. We look forward to speaking with you.

Tips for Choosing the Right Commercial Insurance

Choosing the right commercial insurance can be a complicated process, and when you have a business, it’s important that every penny counts.

Determine Your Coverage Needs

When choosing what kind of coverage you need, make sure it is based on the type of business you have. For example, if you are a contractor you may need workers comp coverage while a tech company may require a different kind of policy, like cyber liability coverage. You may also need different insurance based on whether you have employees.

Your business may qualify for a Business Owners Policy (BPO), which is useful for small businesses that have a main street address, like hardware stores.

Don’t Overlook Other Coverage

It’s important not to ignore other coverage options only because they aren’t required coverage for your business. Things like business interruption insurance can save a lot of money if you have to file a claim. Just because the property insurance will cover the cost of rebuilding, how will you continue to pay business expenses while construction is going on? 

Speak with an Agent

Commercial insurance can be confusing. That is why it is important to talk with an insurance agent. Not only can an agent guide you through which policies are required and which added coverage options would make the most sense for your business, but they can also help save you money. If you need to file a claim, you will likely want to have a person that will assist you through the process. Make sure you talk to an agent that specializes in commercial insurance, like Western Insurance Marketing Corporation, serving Diamond Bar, CA.

Review and Update Coverage Yearly

Even after you have chosen insurance, it’s a good idea to talk to your agent at Western Insurance Marketing Corporation, serving Diamond Bar, CA, to figure out if you need to update your insurance policy based on your business needs.

What Are the Components of a Basic Home Insurance Policy in the Golden State

Getting Down to Basics With Western Insurance Marketing Corporation

Many are attracted to our area of Diamond Bar, CA due to the name. What sounds more extravagant than a gold bar, why a diamond bar of course. Once here you will fall in love with the simple life that is offered which is idyllic to raise a family in.

With that in mind, our insurance company offers home insurance to help you gain much needed peace of mind as it pertains to the protection of your family, your home, and your assets.

A Basic Homeowner’s Insurance Policy in California

Before reading this section, bear in mind that there are several factors that will make your homeowners’ policy anything but basic. Add in a vocation which increases your income into the higher brackets, and you will need alterations. If you add any life factors in the policy, it will need to be amended. 

Basic Policies Consist of Two Sections

  • Property Coverage – This arm of the policy covers the loss of use of your home, your home in general, other structures on your property, and personal property that may be contained inside of your home.    
  • Liability Coverage – This arm of the basic policy covers personal liability if you are sued and medical payments to people you may have caused harm.   

In addition to home insurance, Western Insurance Marketing Corporation offers the following types of insurance products:

  • auto insurance
  • restaurant insurance
  • umbrella insurance

Whether you reside in Indio, West Minister, San Jose, or even Diamond Bar, CA or the surrounding areas, come in to get more information how you can insure an aspect of your life that is currently vulnerable or switch your insurance coverage to our firm.