Why do I need boat insurance in Temecula?

In the Temecula, CA area, there is great weather for most of the year. If you want to enjoy Temecula as much as possible, getting a boat is a good idea. Those that have a boat can enjoy a variety of local waterways for most of the year. Along with your boat purchase, you also need to spend time thinking about your insurance needs. You will need to have a boat insurance plan for a few reasons.

Insurance Protects Boat

A reason that you will need to have a boat insurance plan is that it will help to protect your boat. A boat purchase is always a big investment that you will want to enjoy for a long time. With a boat insurance plan, the coverage will help to ensure you can enjoy it well into the future as it will cover a variety of situations that would result in a loss including theft or accident damage.

Insurance is Required

Boat owners should also get insurance because the coverage may be a requirement. Boat insurance is going to be required if you have taken out a boat loan to finance the purchase. Lenders will want you to have this full coverage until the loan is fully paid off as it ultimately helps to ensure their collateral is protected. Loan agreements will typically have specific insurance requirements. 

If you are going to get a boat insurance plan when you are in the Temecula, CA area, it would be wise to call the Friant Insurance Agency. The team with the Friant Insurance Agency understands the importance of proper insurance coverage. They are able to help you assess your needs and evaluate your options. This guidance will help you build a policy that is ideal for your situation. 

How Does Condo Insurance Work?

When you own a condo, the insurance that you need is not like the insurance that covers a detached home. There are many rules of ownership in condos that require an insurance policy that is just for you and your home. If you need condo insurance, call us at Friant Insurance Agency in Temecula, CA. 

The Walls of Your Condo

Unlike with a detached house, owning a cond does not mean that you own the entire building or even your portion of it. Generally, the walls are the demarcation point for the areas that you must insure. In some condos, this means that you own and must insure everything from the internal walls inward. For some condos, that means you must insure what is inside the walls as well as the interior walls. The outside of the building, and sometimes the insides of the outer walls, are owned by the condo board and must be insured by them. 

Your Personal Belongings

Like the interior of your condo, the belongings inside it are covered by your condo insurance. To make sure that your items are insured, it’s a good idea to take either pictures or video of the inside of your condo so that you see all of the items you own. This allows you to establish what was in the condo if the worst were to happen to it. 

Liability Coverage

As with other types of insurance for a home, a condo policy includes coverage for liability. If someone were to fall ill or become injured inside your condo, your condo insurance would pay for the medical bills if you are liable for them. 

Talk to an Agent

If you need condo insurance on your home, call us at Friant Insurance Agency in Temecula, CA to find out more. 

When should someone get home insurance in California?

In the Temecula, CA area, it continues to be a great idea to own a home. Those that are property owners here will benefit in several different ways, which can include enjoying price appreciation and having a consistent place to live. If you do decide to purchase a home here, you also will want to get insurance for it. There are several situations when you will need to get an insurance policy for your California home.

When Taking Out a Mortgage

A great time to get a new home insurance plan in this state is when you are going to take out a new mortgage. Using a mortgage to buy a home in this state is very common. If you have used a mortgage to finance the purchase of your property, it is important that you understand and follow the insurance requirements. The lender will usually require that they approve your insurance and could escrow payments monthly.

When Looking for Liability Protection

Property owners will take on some liability risk on a daily basis. It is important that they also try to mitigate this risk as well as they can. When you get a new home insurance plan, it will include a provision for a certain level of liability coverage. 

Property owners in the Temecula, CA area will continue to need to have insurance coverage. If you are shopping for a new policy for your home, you will want to receive guidance that can help you pick a good policy. The team at the Friant Insurance Agency could be a great resource for you. If you do call the Friant Insurance Agency you are going to get personalized support that is needed to understand all of your options and pick an ideal insurance policy. 

How Boat Insurance Protects Your Boat Out of the Water

You probably know how your boat insurance from Friant Insurance Agency protects your boat on the water, but do you know how it protects your vessel out of the water?

Beyond reimbursing you for repairs when you collide with any watercraft, your boat policy also protects your boat when it sits in storage or you haul it to your favorite body of water. Your policy lists named perils such as fire, lightning, vandalism, and theft. If your boat gets struck by lightning, for example, while moored in Temecula, CA, the insurance covers it. The same is true if a fire breaks out at the dry-dock storage facility and damages the watercraft. If your boat becomes damaged during a collision on the road while you transport it, the repairs or replacement still gets covered.

The reimbursement coverages apply to both the watercraft and the personal belongings stored within it. Your laptop, stored in the hold, gets covered in the on the road collision, just as your sonar does.

The amount of reimbursement you obtain depends on the level of coverage you choose. You have a choice between actual cash value or agreed amount value. The former pays you the current market value of your boat; the latter pays you an amount that you and your insurance company decided on when you purchased the policy.

Damage from marine life, whether freshwater or ocean, is not covered. If a shark damages your boat or zebra mussels, that is not covered.

Contact Friant Insurance Agency today to learn more about the property damage coverage and other coverages your boat policy provides you. We serve the Temecula, CA area with the insurance it needs to protect its’ financial futures.

Three mistakes to avoid when you purchase motorhome insurance in California

Motorhome owners in Temecula, CA need to invest in a good motorhome insurance policy that they can count on to cover them for both liability and collision expenses. At Friant Insurance Agency, we provide motorhome insurance policies. 

The following are three mistakes to avoid when you purchase motorhome insurance in California. 

Thinking you need less liability coverage than you do

Liability coverage is an important aspect of your motorhome policy. Remember that liability costs can include medical bills from accidents that you’re involved in. This means that expenses can add up quickly.

Don’t think that merely meeting liability coverage requirements in California is enough. It’s important to invest in adequate liability coverage or you could find yourself in financial trouble as a result of traveling in your motorhome in the future. 

Being unaware of discounts you’re eligible for

There are numerous discounts that motorhome insurance providers typically offer. For example, it’s typical for providers to offer a discount if you have anti-theft devices or other security devices installed on your motorhome.

Do your research and learn about available discounts to ensure that you’re getting the most competitive price possible for the coverage you enjoy. 

Using an auto policy to cover your motorhome

You need to purchase a policy that is specifically designed for motorhomes. Don’t simply use an auto insurance policy to cover you in your motorhome.

A motorhome has some unique insurance coverage needs. For example, a motorhome policy should provide coverage for damage to possessions within the motorhome. Therefore, you need to buy a policy that is specifically designed for motorhomes as opposed to standard automobiles. 

We can help you find a motorhome insurance policy to protect you financially in Temecula, CA. Contact us at Friant Insurance Agency to explore our policy options. 

Why should I get RV insurance in Temecula?

The Temecula, CA area is a great place to live as it has a good local economy and provides immediate access to a lot of natural beauty. When you are in this area of California, one of the best ways that you can get around and see all the sights is by owning an RV. When you have an RV, it will give you the ability to drive a safe vehicle that can also give you a comfortable place to sleep and relax. If you do own an RV here, there are several reasons that you should also get an RV insurance policy. 

RV Insurance Covers Asset

One of the reasons to get insurance for your RV is that it will cover your asset. Buying an RV is a big purchase and investment that you should do your best to protect. When you get RV insurance, you can receive the additional protection that you need. This will ensure you are covered if it is stolen or damaged. 

RV Insurance Gives Liability Protection

Another reason that you will need to get an RV insurance policy is that it can give you valuable liability protection. Anyone that operates an RV will be taking on the risk that they could cause an accident. To ensure that you continue to be protected against this risk, you should get an RV insurance policy that gives appropriate levels of liability coverage.

When you are looking for a new RV insurance policy in the Temecula, CA area, it is important that you contact the Friant Insurance Agency. If you do call the Friant Insurance Agency, you can learn a lot more about insurance and how it can protect you. Ultimately, this will help you choose a policy that is ideal for your situation. 

What are the benefits of getting a motorcycle insurance policy?

The Temecula, CA area is a great place to live due to the consistently warm weather and sunny skies. Along with this, owning a motorcycle here can make a lot of sense and be a fun and efficient mode of transportation. If you are looking for a motorcycle here, you should carefully consider your insurance needs. There are several benefits that come when you get this coverage.

Gives Valued Protection

One advantage of getting a motorcycle policy is that you will receive very valuable insurance protection. With motorcycle coverage, you can receive liability protection that will give you coverage if you are found to be at fault in an accident. You can also receive coverage to repair or replace your motorcycle if it is ever damaged or stolen. Ultimately, this investment could prove to be very worthwhile if a variety of negative situations arise. 

Ensures Full Compliance

Another advantage of getting motorcycle insurance is that it can ensure you are in full compliance. Those that own a motorcycle will be required to carry liability insurance in order to comply with the state law. Further, if you have taken out a loan to buy the motorcycle, you will need to have an insurance policy to meet the requirements set forth by your lender. 

Getting a motorcycle insurance policy in the Temecula, CA area is a good option for anyone. As you are shopping for your next motorcycle or insurance policy, you should call Friant Insurance Agency. The insurance team at Friant Insurance Agency can help you better understand all of your options. This will help to ensure that you are able to pick a policy that is right for your situation, which will protect your asset and ensure you are in full insurance compliance. 

Who should carry umbrella insurance

Umbrella insurance is one of the least understood types of insurance. It is not like most other types of insurance, it can not stand alone. It is an excess liability and it can only be used with another policy that has liability insurance. According to experts, anyone who can earn a livelihood should have umbrella insurance. Having a relationship with an insurance agency helps when you wonder "who should carry umbrella insurance". The Friant Insurance Agency in Temecula, CA we believe in providing the best combination of price and protection. 

What does liability protect you from? Liability insurance protects you when someone is injured and you are held responsible. It can be at your home, at your business, with your vehicle, your furry friend or an immediate family member. If you are found responsible you could be required to pay medical expenses, a judgment against you, and legal fees.

An umbrella policy is added to the liability on your renters, condo, home, auto, or commercial insurance. When you reach the limit on your primary policy the umbrella policy will kick in. If you have never checked your liability limits on your policies, this might be a good time to do that. Think about basic auto liability for personal property. it is usually between 10-25 thousand dollars. Consider the price of a new car, you would be hard-pressed to find one that was $10,000. If you don’t have umbrella insurance, the amount above your coverage is on you to pay out of pocket or future wages. 

At Friant Insurance Agency in Temecula, CA  our knowledgable and friendly staff are here to help you get the right coverage. As an independent agency, we offer umbrella policies from multiple carriers. we look forward to seeing you in our office or talking to you on the phone to discuss your needs.  

Is Flood Insurance Required?

Many homeowners and renters have questions about whether flood insurance is required for a home they have purchased or a house or apartment they may be renting.  In the Temecula, CA area home buyers or renters can refer their questions to a qualified professional at Friant Insurance Agency.  

Buyers of homes and businesses located in designated high-risk flood areas with a mortgage provided by a government agency will be required to purchase and maintain flood insurance.  Also, if you live in a high-risk area and have had to receive federal disaster assistance like grants from the Federal Emergency Management Agency (FEMA) you will have to continue flood insurance.  The same applies to qualify for disaster loans from the US Small business Administration (SBA).  The maintenance of flood insurance will allow you to receive aid at a future date if you need it.  Federal disaster assistance comes either in the form of a loan which is paid back with interest, or a FEMA disaster grant usually in the amount of $5,000. 

Coverage is not required if you do not own or rent property outside the high-risk area, however, your mortgage company may still require a flood insurance policy.  Another important point to consider:

  • Traditional home and renters’ policies do not usually cover flood damage.
  • Flood insurance will pay claims even if there is no Presidential Disaster Declaration.

The decision whether to purchase flood insurance in addition to your home or renters’ insurance policy is an important discussion to have with an agent at Friant Insurance Group if you live in the Temecula, CA area.  You can visit their website before your visit to gather information on flood coverage and think of any specific questions their friendly professional agents can answer. 

Is Your Condo Ready for Summer?

If you’re planning to receive guests at your condo this summer, now’s a good time to get it ready for the holidays. These tips from Friant Insurance Agency can help make your Temecula, CA condo a safer, more comfortable abode for friends and loved ones.  

Service Your AC

Schedule a checkup to inspect and clean your AC before the heat of summer. Replace worn parts to keep your system working at optimal capacity. If your system has seen its better days, replace it with a new one to avoid breakdowns when you need it most.

Prep Your Interior

Deep clean your Temecula, CA condo so you can welcome guests into a fresh, hygienic environment. Wash your windows, dust your fans, and professionally clean your carpeting. Declutter to increase storage space and reduce your risk of accidents. Spruce up dingy walls with a fresh coat of paint and add indoor plants or fresh flowers to your ambiance to brighten your environment.

Increase Security

Upgrade locks on windows and doors to enhance security and minimize the risk of break-ins during your summer holidays. Adding motion sensor lights to exterior doors can help ward off thieves and reduces your risk of night-time accidents. If you don’t have a security system, consider installing one to protect your family’s valuables.

Spruce Up Balcony or Patio

If your condo has a patio or balcony, spruce it up with comfortable furniture and decorative accessories for holiday events and family gatherings. Your friends will appreciate having a little nook for sitting, snacking or sharing a drink together.

Update Your Condo Insurance Liability Coverage

With more people visiting your condo, there’s always the risk of someone having an accident. Liability insurance protects you against injuries from slip and falls, kitchen accidents, dog bites, and more.

To update your condo insurance liability coverage, contact Friant Insurance Agency today.