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How an Umbrella Policy Can Offer Peace of Mind

A Personal Insurance Update

Personal umbrella coverage is one of the most commonly overlooked policies, but it could be one of the best financial decisions you will ever make. Personal umbrella insurance provides extra protection, or limits, above the personal liability insurance you currently have.  Just as an umbrella protects you from heavy rain, an umbrella insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella insurance can provide limits above your personal auto and home policies. 

If you own an RV, boat, jet ski, snowmobile, or any other kind of recreational toy, you should consider a personal umbrella policy.  If you own a home or have a 401 K plan, don’t jeopardize your future by having a liability claim that could cost you everything. Renters may also want to consider a personal umbrella policy. 

Umbrella insurance provides broad insurance beyond traditional home and auto. A personal umbrella liability policy insurance provides you with additional protection when damages exceed the liability limits of your auto or home policies. Our goal is to protect you and your family from those unexpected events by finding the right coverage at an affordable rate. 

Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.  Valley oaks Insurance Agency is proud to provide insurance in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, and Folsom, CA.  We also serve other areas in the state.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

Good Reasons To Call Your Insurance Agent

Home and Auto Insurance Update

Let’s face it, you buy home and auto insurance to protect you when and or if an accident happens. And when you have an accident, you want your personal insurance to respond.  If it has been a while since you updated your personal insurance coverage, you may want to call us today.

When to Call Your Agent

  • When you buy or sell a car
  • If you started a home based business
  • If you are thinking about putting in a pool
  • When you purchased any high end jewelry, guns or other items
  • If you home replacement value has gone up
  • Did you get a company car?
  • If you have remolded any part of your home
  • When you install a security system in your home
  • If you get married or divorced
  • If your commute distance has changed
  • When your children go away to college

Having the right auto coverage is not as easy as it sounds, and choosing the wrong coverages and limits could cause many problems.  Our team is prepared to help you find the right combination of coverage, price and service.

Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.  Valley oaks Insurance Agency is proud to provide insurance in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, and Folsom, CA.  We also serve other areas in the state.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

Recreational/RV Vehicle Insurance

You probably bought your motor home or travel trailer because it offers the best of both worlds: the ability to explore the world we live in and the convenience of your home each night when you pull over.  Motor homes and travel trailers offer a freedom and joy that’s unique regardless of the size of coach or fifth wheel you explore with.

But with this dual benefit also come some increased risks.  As a vehicle, your motor home needs some auto-type insurance to protect you from crashes, medical costs and the like while you’re driving on the road.  But comprehensive RV insurance needs to also protect you when you have stopped and camped.  That means you need insurance closer to what you find in a homeowner's policy that includes features such as:

Personal liability:

Protection in case someone is injured in or around your RV

Personal property:

Enhanced property insurance that will protect the contents of your RV in case of theft or damage.

Additonal living expenses:

Protection that helps pay for your cost of living if you are displaced from your motor home.

Attached accessories:

Another layer of protection that covers your awning, TV antennas or other accessories that might be damaged.

Getting the right recreational vehicle insurance doesn’t have to be expensive or difficult with an insurance expert on your side.

Consider Vacation Liability coverage for when you stop driving and start using your recreational vehicle as a temporary residence.  Some policies can include additional coverage for physical damage in Mexico.

Some policies include Roadside Assistance, which has you covered 24/7 in the event of a breakdown or accident.  Some will even allow you to upgrade the coverage to include lodging, transportation, and meal coverage if needed.

Our carriers claims service is available 24/7. In the event you have a loss, the insurance companies we work with have skilled claims teams who will work with you to get your RV repaired and back on the road.

Let us help you choose a policy that will fit your individual needs.  Protecting your assets, whether personal, business, or both, is our goal.  A well-chosen policy can lessen the impact of some of life’s most common, yet unforeseen perils.  We’re here to help when you are considering RV Insurance.

At Valley Oaks Insurance Agency, we understand the risks that drivers face.  We have more than three decades of experience managing these risks and helping clients through claims processes.  Our experience, vast claims network, and ongoing relationships with diverse groups of insurance companies help us provide optimal coverage while keeping premiums low. 

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

Five Keys to Improving Your Personal Insurance

A Personal Insurance Update

We work to ensure that your personal insurance provides the protection you deserve and need.  We understand you may need different coverage like a personal umbrella, RV insurance, valuable articles coverage, earthquake, or flood coverage.

Over the years, we have found that homeowners who adhere to the following strategies have a better chance of obtaining the best possible combination of coverage, price, and service.

1.    Use an agent like us to represent you in the market.  We know and understand personal insurance, and we are much better equipped to help you manage your personal insurance program.  

2.   Only use financially strong insurers.  It is vital that your insurance is there to pay for claims.  Look for insurers with an “A” rating by AM Best.

3.    Make sure you have high liability limits.  It is essential that every homeowner have enough liability insurance to cover the unexpected events.  This is especially true if you own an RV, ATV or boat.

4.    Consider increasing your deductibles.  Often a slight increase in your deductibles can reduce premiums.  If you are able to manage a larger deductible, you may be better off in the end.

5.    Allow your agent to manage your entire personal insurance needs. Having one source for all your policies will save you time.  Also having one broker handle all your needs gives them the ability to understand your entire needs.

Overall we work collectively with clients to find solutions and ensure that the value of these solutions is maximized.  This collective work often results in longstanding relationships with clients, and these relationships are things we hope to develop with every client.

Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy. 

Valley oaks Insurance Agency is proud to provide insurance in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, and Folsom, CA.  We also serve other areas in the state.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

Online Insurers Can't Always Answer These Questions

Whether you are a new homeowner or have owned your home for a longer period, there's no doubt you have any questions about homeowner’s insurance. You want to protect your home, your possessions, and your family. Below are five of the most frequently asked questions about home owner insurance.

1. As a home owner, am I required to have insurance? Yes, in most cases, especially if you have a lender. It's also wise to look into insurance if you are in the process of constructing your home and even renting your home to someone else.

2. What types of coverage does homeowner insurance provide? Two types casually, which covers the home and contents, and liability, which covers anyone who is injured on your property. With both types, the amount of coverage depends on the policy.

3. Will the replacement cost limit be the same as the sale price of my home? No. The replacement cost will cover the amount needed to replace the structure and/or contents. Replacement cost is usually calculated based on appraisal values and carrier cost estimators. It's wise to take inventory and photographs of your home and contents.

4. Will homeowner insurance cover damage or theft outside of my home? It depends on the policy. Sometimes standard policies offer this kind of coverage, but if not, ask if purchasing the coverage at additional costs is an option.

5. Are home-based businesses covered under homeowner insurance? No, unless you qualify for an endorsement to your current homeowner insurance policy. Otherwise, look into getting a business owners insurance policy.

Of course, homeowners will have more questions about homeowner insurance particular to their own situations (including protection against the elements, possessions that are no longer in the home, contents of vehicles, etc.). When searching for a homeowner insurance policy, be sure to ask about coverage relevant and beneficial to your own situation.

Valley Oaks Insurance Agency provides insurance to businesses in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, Folsom, and surrounding areas.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

A New Year New Risk...Time For An Insurance Review

An Insurance Update

The New Year is great time to review your personal insurance package. Our team is ready to help you understand how your insurance needs have changed over time.

Here are a few examples of how life changes may impact your insurance.

  • How often do you travel out of the country?
  • Do you have any domestic employees?
  • Has there been any changes in marital status?
  • Are you involved in any nonprofit organizations?
  • Do you own a business and operate from your home?
  • Do you own a second home?
  • Do you own any unique collections of art, wine, cars, or guns?
  • Are there any children in college?

Your insurance needs changes as time goes by We offer a broad range of personal insurance products that are designed to meet your individual needs. We can help you find am insurance product that suits your individual needs. Don’t wait for another second to ensure your home is adequately insured.

The Insurance specialists at Valley Oaks Insurance Agency serve to help you coordinate an insurance program that determines the best coverage options for your needs – for benefits and quality discounts that help you save.

 Call us today for more info on your options for personal insurance coverage.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.

Stop Porch Pirates This Holiday Season

The holiday season is filled with fun, parties, food, gifts, overeating and unfortunately some risk. One of the fasted growing risks for many people are stolen packages by porch pirates. According to proopertycasualtiy360, over 26 million packages are stolen during the holiday season. Need more bad news?

Your homeowners or renter’s insurance generally may not cover this loss as it tends to be under your deductible. There could be coverage if you have personal property off premises insurance. Also for theft coverage to apply generally, you need proof of loss by a broker indoor, etc.

Call our office for a review of your homeowner’s insurance, as each policy is unique to your circumstances.

Things To Do

  • Delivery confirmation is a good way to prove the package was delivered.
  • Thieves will follow delivery trucks, waiting for the perfect target.
  • These thieves commonly strike during working hours as many homes are empty at that time.
  • You can insure your packages.
  • Consider having a person there when the delivery is scheduled.
  • Install a security camera.

High Tech Solutions

There are a few high tech solutions to consider.

  • Install a front door camera. Many shippers will not replace the item with this kind of device.
  • If you use a delivery service, access their security procedures and technology.  Many of them offer the newest security solutions. 

What To Do If A Package Is Stolen

  • Track your package. Check the delivery confirmation and tracking number.
  • Make sure a neighbor did not pick it up for you.
  • Contact the seller. Different retailers have different policies and processes for handling stolen items, but usually, you are entitled to a refund or a replacement item.
  • File a claim with the shipping company.
  • Check your Credit Cards for Purchase Protection.

The Insurance specialists at Valley Oaks Insurance Agency serve to help you coordinate an insurance program that determines the best coverage options for your needs – for benefits and quality discounts that help you save.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance

Risk Of A Fire Low… Risk Of A Cyber Attack High

Believe it or not, a small to medium sized business has a greater chance of having a cyber-attack than it does of having a fire. We’re committed to providing insurance solutions that keep small to medium-sized businesses protected. That is why we combine various coverage options into one convenient package – for more benefits than a typical Business policy and better savings through competitive pricing.

According to Symantec, in 2017, the average annual cost of cyber attacks to small and medium-sized businesses was nearly $208,000. Many times a small business does not have the recourses to respond effectively, and about 30% of small businesses are forced to close as a result of a cyber attack. Almost every state now has laws regarding breach notification and identity theft insurance requirements once your business has had a cyber breach.

Cyber Facts For Small Businesses

According to a study by Staysafeonline.org, small businesses are a few steps behind in cyber risk and safety.

  • Two thirds (67%) allow the use of USB devices in the workplace.
  • 77% do not have a formal written Internet security policy for employees.
  • Only 50% say that all of their machines are completely wiped of data before disposal.

Here Are Some Warning Signs Your Business Is At Risk

  • Poor or weak passwords
  • No formal computer use policy
  • Lack of up to date computer security programs
  • People leaving computers on at night
  • No client information storage policy or protocols

Cyber Insurance Options

Most insurers have excluded cyber risks from more traditional insurance policies such as Commercial General Liability (CGL). Some may offer a small amount, but it generally will not be enough.

No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. Valley Oaks Insurance Agency would like to return the favor by giving you the coverage you need to ensure the security of your business.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.
There are many new products on the market that can provide the needed protection. Call our office for more information.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance

How Your Business Can Better Protect Itself

A Business Insurance Update

Even the best run businesses may have a loss now and then. It is important that every business owner and manager have a comprehensive business insurance program. A well-designed business insurance program will help the business get through a loss. Here are few ideas to help you make sure you have the best possible coverage your business needs. 

  • Make sure you combine your business policies into one “package” Its possible to receive premium discounts for doing this.
  • Every business should have a commercial umbrella policy with at least $1,000,00 of coverage.
  • Review your property insurance deductibles, by increasing your deductible you may be able to lower your premium.
  • Consider coverages that may not be included in your current policy coverage; cyber liability, employment practices liability, and director and officer’s liability.
  • Have your agent search the market for the best possible combination of coverage, price, and service.

No matter how well your business might be doing, disaster can strike. We offer a variety of business insurance policies to protect your business as well as your peace of mind. No matter how small or large, your business is, you never know what the next day will bring or how much it might cost.

No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. Valley Oaks Insurance Agency would like to return the favor by giving you the coverage you need to ensure the security of your business. 

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.


Should You Ever Read Your Insurance Policy?

We know that reading an insurance policy can be tough. The insurance industry is working hard to make auto, home, and business insurance policies easier to read. Please resist the temptation to toss your insurance policy in the drawer, because understanding your insurance policy can help avoid costly coverage gaps or frustration with your insurer after an accident. 

Insurance Policy Reading Tips

The Declarations Page

  • Check all information to make sure it is correct.
  • Review address, policy dates, and named insured.
  • Review limits to make sure they are what you ordered.
  • Confirm premium information.

For Auto Policies, Check The “Vehicle Information”

  • Is the correct vehicle identified?
  • Verify the VIN number.
  • Confirm the vehicle’s value.
  • Review the list of drivers, if they are identified.

The Insuring Agreement

This is the section where most of the key coverages will be found. Take time to review the various coverage and coverage terms.

The Exclusions

It is very important to read this section as well. Typical examples of excluded perils under a homeowner’s policy are flood, earthquake, and wear and tear. A typical example of an excluded loss under an automobile policy is damage due to wear and tear. Business insurance exclusions can include employment liability, cyber liability, and criminal acts. 

Definitions Section

Every policy should include a Definitions Section to provide an explanation of certain language.

We are your trusted partner.  Call us to help you better understand your policy. We can help explain what is in your policy and more importantly, help make sure that you are appropriately protected for the future.

The Insurance specialists at Valley Oaks Insurance Agency serve to help you coordinate an insurance program that determines the best coverage options for your needs – for benefits and quality discounts that help you save.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance?


Personal Umbrella Insurance

You’ve worked hard to earn your lifestyle. Consider adding additional liability protection to your Auto, Home, Renters or Condo policy. Personal Umbrella Liability coverage added to your other policies can protect you, your spouse and any relatives living in your home. 

Umbrella Insurance Protection

Umbrella Insurance provides extra protection or limits above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an umbrella insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella insurance can provide limits above your business insurance, personal auto and home policies.

Umbrella insurance provides broad insurance beyond traditional insurance. It provides additional liability coverage above the limits of your primary insurance policies. 

It is true that personal umbrella insurance may not be for every business or individual. That said, if you are a business owner, wanting to protect your company’s resources and financial resources for your future, own your home, a boat or recreation vehicle, you should consider an umbrella insurance policy.  Having the added protection of an umbrella insurance policy is coverage no one should go without. Call us today, for a free review.

High Net Worth Individuals

Do you own a boat, second home or have other expensive toys? Often high net worth individuals need higher liability limits to protect personal assets. A simple rule is, the more you own the greater risk you may have of losing it. The nice thing about an umbrella policy is that it is competitively priced. Usually, it costs about $300 per year for each $1,000,000 increment of insurance that you buy, and it can bring you great piece of mind (in some cases it will be higher or lower)

At Valley Oaks Insurance Agency, we are committed to the safety and security of you and your family, which is why we will work with you to create a perfect policy that protects all of your interests. Since Personal Umbrella Insurance will vary depending on your individual coverage needs, it’s important to discuss your options with one of our insurance specialists before making a decision.


Something Your Business Insurance Might Be Missing

If your business suffered a property loss, are you confident that your building would be restored to its pre-loss condition—including any changes in building codes?  It is a sobering fact that over 30% of businesses that suffer a total loss never resume operations.  If these businesses had purchased the right insurance, they might have been able to continue operation.

One of the often-misunderstood kinds of insurance is called “building ordinance and law coverage.”  This kind of insurance provides an additional amount of coverage for the enforcement of building codes that have been updated since your building was first constructed.  Structures that have been damaged may need upgraded electrical, heating, ventilating, and air-conditioning (HVAC), roofing materials, fences, and plumbing based on city codes. 

Here are some examples of how ordinance and law coverage has helped a business:

  1. This coverage provided $20,000 to upgrade windows to meet new environmental standards.
  2. New codes required the business to install a sprinkler system at the cost of $125,000.
  3. This coverage provided $11,000 for the installation of handicapped entrances and bathrooms.

Building ordinance and law coverage can have a specific limit based on your needs.  We recommend you contact us to complete a review of your coverage and make recommendations to meet your needs.

Valley Oaks Insurance Agency provides insurance to businesses in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, Folsom, and surrounding areas.

No matter what business you’re in, each workday is dedicated to doing our job well and providing our customers with the best service possible. 

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom. 


Are Wildfires Covered Under A Home Insurance Policy?

According to the Federal Government, almost 90 percent of the wildfires in the United States are caused by humans.  Wildfire can occur is the country and major cities. Wild fires can start in a vacant lot and spread to neighborhood very quickly. From January 1 to March 31, 2017, there were 13,458 wildfires, compared to 9,218 wildfires in the same period in 2016. Source; iii.org

Wildfires And Homeowner’s Insurance

Unlike earthquakes and floods, wildfire damage should not require a completely separate policy, and probably does not even require a high risk policy. It is a good idea, however, to know what your homeowner’s policy does cover.  In many cases wildfires are covered, but it is always good to call your agent for a homeowner’s insurance review.

If your homeowner’s policy covers wildfires it would normally protect the building and contents from a covered loss. In addition, you will need additional living expenses if you must leave your home during re-construction.

Wildfire Prevention

Become familiar with your community’s disaster preparedness plans and create a plan for your family. Identify escape routes from your home and neighborhood and designate an emergency meeting place for your family to reunite if you become separated.

  • Use fire resistant materials for roof and home construction.
  • Keep wood piles at least 30 feet from your home.
  • Create a 100 foot safety zone around your home.
  • Prune trees within 15 feet of any chimney outlet.
  • Follow local ordinances when burning yard waste. Avoid backyard burning in windy conditions, and keep a shovel, water, and fire retardant nearby to keep fires in check. Remove all flammables from your yard when burning.
  • Make sure that fire vehicles can get to your home. Clearly mark all driveway entrances and display your name and address.
  • Teach children about fire safety. Keep matches out of their reach.
  • Keep roofs and gutters clean and free from debris.
  • Have a ladder that reaches your roof.
  • Have an extra-long hose.
  • Rake leaves, dead limbs and twigs. Clear all flammable vegetation.
  • Back as many vehicles as possible into the garage, then close the door. In the event that you evacuate, remember to close the garage door behind you as you leave. If you do not have a garage or if yours is full, park your vehicles heading in the direction of the evacuation route.

At Valley Oaks Insurance Agency, we’re committed to keeping your home and business protected – so you can focus on other things. And with the right insurance plan, your home and business will be covered from top to bottom

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance.


The Importance of Reviewing and Updating Insurance

When was the last time you reviewed your personal insurance coverage? Did you know that even subtle changes can have an impact on your financial needs and plans?  Call our office today, and we can help you find the right combination of personal insurance coverage and price.

When was the last time you reviewed your personal insurance coverage? The New Year is a great time to review your personal insurance. Most of us know that major life events can make it necessary to update our insurance coverage. But did you know that even subtle changes can have an impact on your financial needs and plans?  Call our office today, and we can help you find the right combination of personal insurance coverage and price.

Personal Insurance

  • Review my insurance to make sure I have the right coverage
  • Take the time to read my insurance policies
  • Does my independent agent have all my correct information, including new phone number, address, and newly purchased property?
  • Make sure I have identity theft insurance
  • Do I have enough life insurance?
  • Do I need life insurance for my spouse?

Other Items To Consider (you may need insurance for some of these)

  • Bought a new car or sold a car
  • Changed your marital status
  • Bought a boat, RV or ATV
  • Change of address
  • Welcomed a new baby into the family
  • Major inheritance
  • Have a new teen driver in the family
  • Child headed off to college
  • Purchased second home
  • Plan foreign travel
  • Started a home based business
  • I now drive my personal car for work

The Insurance specialists at Valley Oaks Insurance Agency serve to help you coordinate an insurance program that determines the best coverage options for your needs – for benefits and quality discounts that help you save.

The information shared in this blog is provided and written on an opinion basis and for informational purposes, they do solely represent the opinions of Valley Oaks Insurance

 


Five Keys to Improving Your Personal Insurance

A Personal Insurance Update

We work to ensure that your personal insurance provides the protection you deserve and need.  We understand you may need different coverage like a personal umbrella, RV insurance, valuable articles coverage, earthquake, or flood coverage.

Over the years, we have found that homeowners who adhere to the following strategies have a better chance of obtaining the best possible combination of coverage, price, and service.

  • Use an agent like us to represent you in the market.  We know and understand personal insurance, and we are much better equipped to help you manage your personal insurance program.  
  • Only use financially strong insurers.  It is vital that your insurance is there to pay for claims.  Look for insurers with an “A” rating by AM Best.
  • Make sure you have high liability limits.  It is essential that every homeowner have enough liability insurance to cover the unexpected events.  This is especially true if you own an RV, ATV or boat.
  • Consider increasing your deductibles.  Often a slight increase in your deductibles can reduce premiums.  If you are able to manage a larger deductible, you may be better off in the end.
  • Allow your agent to manage your entire personal insurance needs. Having one source for all your policies will save you time.  Also having one broker handle all your needs gives them the ability to understand your entire needs.

Insurance specialists at Valley Oaks Insurance Agency serve to help you coordinate an insurance program that determines the best coverage options for your needs – for benefits and quality discounts that help you save.

 

Commercial Insurance You Need But May Not Have Considered

A Business Insurance Update

Business insurance is designed to protect your business from unknown accidents and losses.  Many businesses many not take the time to understand many of the unique risks they might have.  That is why an agent can help you not only understand your risk but develop and design a program to address your risks.

Did You Know?

Many business professionals many not have thought of these coverages—but they should.

  • Cyber Liability Insurance can be added to your program to cover the costs associated with customer notification and recovery of hacked data.  If you store data, including private information on computers, use e-mail, generate revenue online, or use your computer to control production, manufacturing, or inventory, your company is at risk!  In short, any business not making a serious effort to protect personal private information is seriously out of step with the emerging landscape of privacy law.
  • Employment Liability Insurance provides protection for an employer against claims made by employees, former employees, or potential employees.  It can cover discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations.
  • Professional Liability Insurance pays for damages caused by services.  It is also called “errors and omissions” coverage.  This insurance is for companies that market a service instead of a product, just as professionals in medical clinics must have medical malpractice coverage.
  • Directors and Officer’s Liability Insurance helps protect your business, owners, executives, and directors. A lawsuit against directors and officers most commonly occurs when shareholders (private or public), clients, competitors, or others feel they suffered a loss in the value of their shares because of actions that the board or senior management took or did not take.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

Valley Oaks Insurance Agency provides insurance to businesses in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, Folsom, and surrounding areas.

No matter what business you’re in, each workday is dedicated to doing your job well and providing your customers with the best service possible. Valley Oaks Insurance Agency would like to return the favor by giving you the coverage you need to ensure the security of your business. 

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom. 

 

Your California Business is Exposed to Directors and Officers Claims

Directors and Officers (D & O) Liability Update

Every business, no matter what the size, has a D & O exposure.  Some people may mistakenly think that D & O risks are just for large firms, but actual court cases tell a different story.  D & O claims come about because of decisions made by the firm’s officers and employees.  Claims can come from employees, competitors, investors, and the government.  Most of these kinds of claims are not covered under a standard commercial insurance policy.

Here are some interesting facts brought to you by the Insurance Information Institute:

  • Over 53% of privately held firms have had D & O related claims.
  • Twenty-five percent of companies have had an employment related claim.
  • The average defense cost for a D & O claim is around $75,000.
  • Firms with less than 50 employees have the same percentage of claims as larger firms.

Here are some of the kinds of claims to which your business is exposed:

Misrepresentation

If you misrepresent your company’s services, financials or other information, third parties may sue you for your actions.  This can include services you say you provide on your webpage or financial information you provide to a lender.

Breach of Duty

Your firm’s officers and employees are required to carry out their duties with a standard of honesty and professionalism.  If these legal duties are breached, you are subject to litigation by the injured party.

Employment Issues

Your employees can sue the business for a variety of employment issues that can be covered under a D & O or employment practices liability policy.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

 

What's Under Your Roof?

A California Home Insurance Review

Have you ever stopped to think about all the things that could cause damage to your home and personal property? Probably not, but we think about your personal insurance coverage every day. Your homeowner’s insurance is designed to protect you from claims that can come from many different events. We can design a homeowner’s insurance product that fits your individual needs. Here are a few of the kinds of events that can be covered under your roof.

Damage To Your Home Can Include

  • Fire and smoke damage
  • Lightning strikes
  • Falling objects
  • Explosion
  • Vandalism and malicious mischief
  • Theft
  • Windstorms and hail
  • The weight of ice, snow or sleet
  • Water damage
  • Damage from an aircraft, car or vehicle

What is Not Covered Under Your Roof

A standard homeowner’s insurance policy will not cover; earthquake, flood, wear and tear, damage from animals, mold, acts of war, government actions, tenant damage, defective work, plus others.

Personal Property

Your homeowner’s insurance can also cover your personal belonging. This might include; cloths, furniture, and other items.

Do You Have A Leak In Your Roof?

Do you have coverage for additional living expenses if you are required to move out of your home while it is being repaired? If you own guns, art, or other collections, you may need additional coverage. Is your expensive jewelry cover while away from your home? If you don’t know the answers to these questions, call us today.

Service, whether it is in response to an insurance claim or general question, is the most important value we offer you. Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy. 

Valley oaks Insurance Agency is proud to provide insurance in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, and Folsom, CA.  We also serve other areas in the state.

Call us if you want great service, competitive prices, and quality coverage.

You Will Never Need Personal Insurance If…

A Personal Insurance Update

Are you tired of people telling you why you need to buy their insurance?  Are you sick of buying “cheap” online insurance, only to end up with the wrong coverage?  We thought it might be fun to tell that you do not need personal insurance if you meet the following criteria.

Remember, personal insurance is designed to protect you from accidents and other unforeseen events.

You May Not Need Insurance If You

  • Never make any mistakes
  • Don’t own or drive a car—ever
  • Live in a county with no lawyers
  • Will never get sick
  • Plan to live in the hills in a tent
  • Don’t plan on having children
  • Believe the government will support you in your old age

Service, whether it is in response to an insurance claim or general question, is the most important value we offer you. Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.

Call us if you want great service, competitive prices, and quality coverage.


Be Ready When Disaster Strikes

A personal insurance update

The past few years have seen wildfires destroy communities, homes, and people’s lives.  Our thoughts and prayers are with those of you who have suffered loss.  Experts tell us that the total property loss for these events will reach over 9 billion dollars.

Do not let the change in weather fool you; we are still at risk for acts of Mother Nature.  In the coming months, we may be at risk of wind damage, wild fires, floods, and more.  Remember, your homeowner’s insurance may not cover every disaster, so please call our office for a free insurance review.

How to prepare for an emergency

  • Create a home inventory. This will help you to recover your personal property.
  • Is your policy’s replacement cost limit correct?  It is a good idea to have us, or your insurance company, help you determine the current replacement cost of your home.
  • Create an emergency food supply; enough to last a week or so.
  • Have a three to five-day supply of water, 1-2 gallons of water per person, per day.
  • Keep extra cash on hand in case banks are closed.
  • Have a few high-powered flashlights ready.
  • Keep extra batteries on hand.
  • Have a communications plan. Consider that your family may not be together if a disaster strikes.
  • Designate a contact person, outside the area, as a check in person for family members.
  • Stock a first aid kit, a supply of essential medicines for at least a week, and other crucial medical supplies like inhalers.
  • Make sure you have copies of your family’s identification, birth certificates, passports, insurance policies, proof of address or lease, medication list and medical information, copies of credit cards, checks, etc.

Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.


Does Your Business Have The Right Liability Coverage?

A Business Insurance Update

We understand every business is unique. You serve people first and foremost. Just because you are a small business does not mean you are exempt from litigation. Every business large or small need general liability insurance to protect your organization from unforeseen events.

General liability insurance should be the foundation of your commercial insurance program. general liability insurance provides the following coverage:

  • Bodily Injury- Bodily Injury to a third party.
  • Property Damage- Damage to a third parties’ property (equipment building etc.).
  • Personal Injury- Injury to the mind or emotions, as opposed to an injury to property.
  • Advertising Liability- Damages arising out of advertising, libel, slander and invasion of privacy.
  • Products & Completed Operations- Liability arising out of the Nonprofits products or business operations and services conducted, excluding Professional services.
  • Premises-Covers liability arising out of injury to third parties while on your premises.
  • Medical Payments- A general liability coverage that reimburses others, without regard to the insured's liability for bodily injury while on your premises.

General liability insurance is designed to cover defense costs as well as judgments. It is an important part of your insurance program that we recommend for your organization. At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom


Are You Considering A Video Surveillance System?

Today’s technology has made setting up security precautions such as security cameras a cinch! You no longer need to be a millionaire to set up one. You could even install one yourself! Security cameras provide a means for its owner to watch over his or her property from the safety and convenience of any area he chooses. This type of system is a great deterrent to thievery and unwanted entry. Most organizations that have sensitive items or are off limits to the general public employ these cameras to help keep their places safe.

Purchasing and implementing such a system may save your business from the terrors of illegal entry. Investment in such could save you a whole lot of trouble.

Before purchasing a system, you will want to consider the following factors.

Study your needs. The type of security measures installed will depend on your specific security needs. For example, how large is the area you would like covered? How many cameras will it take to monitor this area? You must make sure the security camera system you will purchase can accommodate enough slots for expansion.

Do you need audio too? Some camera systems have audio recording equipment as well so you can not only see what happens but hear it as well. This is important in cases when you would like everything documented. However, this may be costly. Many establishments only require video records of their security.

Also, you must ascertain whether you need to have your security cameras record in color or black and white. Color cameras are, of course, more sophisticated and show a clearer picture. However, they tend to be pricey. Color cameras might also not work in low-light situations.

Consider the location of the cameras. Will the site be hard to set up? In that case, you may want to consider wireless security camera systems. However, these cameras must be in a place that is conducive to high-quality broadcast. There must be no interference. They can, be moved around the area. They are a bit more flexible than their fixed-wire cousins.

Will the camera system be for outdoor purposes? Cameras that monitor outdoor locations need special weatherproof housings and may not be recommended for extreme temperatures and various elements. Also, those that may be vandalized must be protected against such.

Also, you must take into consideration the lighting for an area. If your camera cannot record a scene due to bad lighting, you will end up with muddy images that won’t help in your surveillance activities. Choose a security camera that has excellent sensitivity to light. Also, try to illuminate such areas with external lighting.

You must consider where the power sources will be located. Make sure they are well protected from the elements and tampering.

Consider the available methods for recording the images. You may use a variety of backup media. And with the advent of computer storage media, even the use of hard disks, compact discs, and DVDs can prove to be an inexpensive way to store your data.

It is important to note that not all homeowner’s policies are created equal, and what one company offers may not be the same as another company. Also keep in mind, if you bought your policy online, who really knows what coverage you have?

Service, whether it is in response to an insurance claim or general question, is the most important value we offer you. Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.


Things To Consider For 2018

The risk management landscape is changing fast. It is important for business owners and managers to understand how these trends will impact their commercial insurance programs. Technology, consumer trends, litigation, and regulations all have increased risk.

  • The Changing workplace environment. Employers are having to manage a change in workplace demographics. The baby boomers are retiring and employers will need to figure out how to attract the next generation of workers.
  • Cyber Risk. Every business will need to consider cyber insurance. Most businesses have a greater risk of having a cyber-attack than they do of having a fire. Cyber security was big news last year. Hardly a week went by without a report of a data breach in some industry. In fact, the Identity Theft Resource Center reported a record high of 1,233 data breaches in 2015, which is a 39 percent increase from 2015’s numbers.
  • Employment Laws. Whenever there is political change you can count on new and/or updated employment laws. Employers will need to keep up to date on how these laws will impact their businesses. Every employer should consider Employment Practices Liability Insurance.
  • Connections with Customers. As we continue to increase our reliance on technology, businesses must find the best ways to stay connected with clients. Customers want real time information about the products and services you provide. The road to being connected begins with understanding that consumers want to use technology in their healthcare decisions. They want to be able to email their partners and access services and information through telecommunication devices.
  • Workers’ Compensation. All states will continue to address legislative measures that could have an impact on employers including; drug usage, independent medical exams, medical marijuana, and the misclassification of employees and contractors.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom


Umbrella Insurance Is Something You Need

California Umbrella Insurance

Personal umbrella liability is one of the most commonly overlooked policies, but in the case of a catastrophic financial event, it could be the best line of defense you’ll ever have. If you’re involved in a major auto accident or if someone gets injured on your property, you could be sued for damages well beyond the liability coverage provided by your home and auto Insurance policies.

Umbrella Insurance provides extra protection or limits above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an Umbrella Insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella Insurance can provide limits above your personal auto and home policies.

Here is an example: John Doe falls asleep while driving and hits a van with a family inside. The accident results in $600,000 of medical bills, but John Doe's auto policy has a $500,000 limit. Fortunately, John Doe also has a $500,000 umbrella policy, and the additional $100,000 would be covered under the Umbrella.

It is true that Umbrella Insurance may not be for everyone, but if you are building financial resources for your future, are a professional, own your home, boat or recreation vehicle, you should consider an Umbrella Insurance policy. Having the added protection of an Umbrella Insurance policy is coverage no one should go without.

Umbrella insurance provides broad insurance beyond traditional home and auto. It provides additional liability coverage above the limits of homeowner's, auto, and boat insurance policies. It can also provide coverage for claims that may be excluded by the primary policies.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.


A 2018 Personal Insurance Guide

When was the last time you reviewed your personal insurance coverage? The New Year is a great time to review your personal insurance. Most of us know that major life events can make it necessary to update our insurance coverage. But did you know that even subtle changes can have an impact on your financial needs and plans?  Call our office today, and we can help you find the right combination of personal insurance coverage and price.

Personal Insurance

  • Review my insurance to make sure I have the right coverage
  • Take the time to read my insurance policies
  • Does my independent agent have all my correct information, including new phone number, address, and newly purchased property?
  • Make sure I have identity theft insurance
  • Do I have enough life insurance?
  • Do I need life insurance for my spouse?

Other Items To Consider (you may need insurance for some of these)

  • Bought a new car or sold a car
  • Changed your marital status
  • Bought a boat, RV or ATV
  • Change of address
  • Welcomed a new baby into the family
  • Major inheritance
  • Have a new teen driver in the family
  • Child headed off to college
  • Purchased second home
  • Planned foreign travel
  • Started a home based business
  • I now drive my personal car for work

Service, whether it is in response to an insurance claim or general question, is the most important value we offer you. Please contact us or give us a call to learn more.  You can also request a quote if you’re ready to start on a policy.

Valley oaks Insurance Agency is proud to provide insurance in Roseville, Sacramento, Lincoln, Granite Bay, Rancho Cordova, and Folsom, CA.  We also serve other areas in the state.


Innovative Insurance Solutions

A California Business Insurance Update

We live in a changing world, and your business insurance needs are changing as well. In order to keep your commercial insurance up to date you need to have the ability to change and update your insurance program on a regular basis.  The insurance industry has developed a number of innovative coverage that your business may just need.

  • Business Interruption Insurance covers the loss of income that a business suffers after a covered loss (fire, windstorm, etc.), while its facility is shut down or in the process of being rebuilt.
  • Tenant's Insurance is needed if a commercial lease requires a tenant to carry a certain amount of insurance. A commercial policy can cover damages to improvements you make to your rental space and damages to the building caused by the negligence of your employees.
  • Directors and Officers Insurance is needed even if you are a privately held business.  Directors and officer’s liability Insurance protects your business, owners, executives, and managers if individuals, competitors, third parties, or government regulators make claim for damages.
  • Cyber Liability is a risk that every business has. According to the Insurance Information Institute, businesses have a greater chance of having a cyber breach than they do of having a fire.  Most businesses should consider cyber liability insurance, which is designed to cover the costs of investigations, notification, and credit monitoring for affected individuals, regulatory compliance, defending lawsuits, and payment of any resulting judgments or settlements.
  • Equipment Breakdown coverage offers extra protection for electrical, mechanical, or digital equipment used by your business, including heating, cooling, and refrigeration systems; computers and communication equipment; and more. It can pay for the cost to repair or replace the damaged equipment in the case that there is physical damage, as well as cover the cost of service interruption.
  • Debris Removal Insurance covers the cost of removing debris after a fire, flood, windstorm, etc. For example, a fire burns your building to the ground. Before you can start rebuilding, the remains of the old building have to be removed. Your property insurance will cover the costs of rebuilding, but not of removing the debris.

At Valley Oaks Insurance Agency, we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.


Valley Oaks Insurance Helps You Design Business insurance

A California Commercial Insurance Update

There are many insurance companies that are willing to offer your business commercial insurance coverage.  However, how can you tell them apart, other than by their logo or advertising?  That is why you choose us, to help you review your risk, then design a program that fits your needs, and finally go to the marketplace and bring back the best options.  Not all