3 Reasons to Purchase Flood Insurance

While many people may believe their property and belongings are covered against flooding and other water damage, that is often not the case. For residents of Laguna Hills, CA, the following is a closer look at 3 reasons to purchase flood insurance today.

Legitimate Flood Protection

Although you may already have some level of flood coverage for your home or business, odds are, it is limited at best. However, by purchasing flood insurance, you can rest assured that your home and belongings are covered, no matter why or how the flood occurred.

No Need for Repayment

Although resources such as disaster-related assistance loans exist, if you have sufficient flood coverage, you won’t need to use them. Rather, by purchases a high-quality policy, you will have already paid for your coverage via your premiums, and you won’t have to spend months or years repaying an expensive loan.

Inexpensive Coverage Costs

Lastly, flood coverage is one of the most reasonably-priced types of coverage available. Especially given that flooding can all but destroy your home or business as you know it, finding low-cost ways to ensure your building and belongings are safe, is vital. Flood coverage is known for being very cost-effective. In fact, according to FEMA, premiums average $565 a year, nationally. A small price to pay to make sure your things are safe, purchasing flood insurance is one of the best ways to gain peace of mind.

Overall, for residents of Laguna Hills, CA, purchasing flood coverage is an excellent idea. If you are seeking premium flood coverage, Friant Insurance Agency is a great option. Just call, email, or stop by Friant Insurance Agency today to find out how you can start your low-cost policy as soon as possible. 

 

New Condo Owner? Why You Need Condo Insurance

Once you’ve finalized the purchase of your new condo in Laguna Hills, CA, the next step is getting condo insurance to protect your newly acquired investment. Your condo’s master insurance policy will protect your building and common areas. You are responsible for safeguarding your individual unit and its contents. An individual condo insurance policy from Friant Insurance Agency will ensure you have the protection you need. Here’s how condo insurance protects your interests:

Dwelling Coverage

Dwelling coverage will protect the interior of your unit to include cabinets, flooring, light fixtures, built-in appliances, and shelves, etc., against such perils as fire, vandalism, and inclement weather. If your cabinets are destroyed by a kitchen fire, your dwelling insurance will pay to have them repaired or replaced, as per the coverage on your policy. Your Friant Insurance agent can help you determine how much dwelling coverage you should get, taking into consideration the value of your condo.

Personal Property Protection

Personal property protection covers your personal goods such as clothes, jewelry, electronics, furniture, artwork, and other belongings. If you own costly goods, you’ll want sufficient coverage to replace your valuables in the event they’re stolen or totally destroyed. High-ticket items like original artwork may need more coverage than what a standard condo policy has to offer. If so, you can get an endorsement to fully protect these goods. 

Personal Liability Protection

Personal liability protects your assets if a visitor gets injured while on your property and sues you for damages. This coverage helps pay for your visitors’ hospital bills so you don’t have to. It also covers legal expenses if you’re sued for damages. If you entertain often, personal liability coverage is a must.

To learn more about condo insurance and all it has to offer, contact Friant Insurance Agency in Laguna Hills, CA.

How to Manage Home Insurance Costs

A part of being a homeowner in the Laguna Hills, CA area is budgeting for all the “extras” you may not have considered. Besides paying on your mortgage, you need to pay other expenses including homeowner insurance premiums. Friant Insurance Agency has the following tips on how to best manage home insurance costs.

Choose Wisely

Comparing quotes is a must when selecting a home insurance carrier. Ask for rates, but don’t always choose the lowest costing plan. A carrier should have a good reputation with a track record for providing superior service. Rates can also change based on your living situation, so always check in with agents even after you settle on a policy. For instance, if you install a security system, you may be offered a lower premium. In storm-prone locations, stronger roofing materials and storm shutter installations could also reduce premiums.

Increase the Deductible

As a way to save on your premium payments, you can choose a plan with a higher deductible. In most cases, you will pay less over time for a policy when you make the switch from a $500 to $1000 deductible. Insurance isn’t meant to cover small repairs, choose the highest deductible you are comfortable paying to better manage the monthly costs. Depending on the location of your property, you may have to pay separate deductibles for certain claims. For instance, earthquake-prone locations may have a separate deductible for damage claims caused by earthquakes.

Ask for Discounts

Insurance companies may offer a discounted rate if you use the same provider for both automobile and homeowner policies. Remember that the discount isn’t always a guarantee of savings. 

Need an insurance agent serving Laguna Hills, CA? Contact Friant Insurance Agency today for assistance with home insurance and other types of insurance plans.

 

What are the benefits of commercial insurance?

Owning a business is a dream that also comes with many risks. To help mitigate some of these risks, getting commercial insurance is a great option. There are several benefits that come when you get commercial insurance. 

Ensures Legal Compliance

One benefit of having legal compliance for your Laguna Hills, CA business is that you can ensure that you will be in legal compliance when it comes to insurance. Businesses today are required by law to carry workers compensation insurance if they have employees. This insurance will provide protection to a staff member if they are hurt while working. By carrying commercial insurance, your policy should cover this form of insurance. Additionally, your business may be obligated under lease or lending documents to carry commercial insurance.

Asset Protection

When you own a business, you will eventually need to invest a lot in assets for your company. These assets can include inventory, major equipment, or even real estate. If you do not have commercial insurance in place, you will not have any protection for these assets. If they happen to be damaged or stolen, you could face a major financial loss.

Liability

If you own a business, you will need to make sure that it is protected for liability. When you own a business, having commercial insurance can protect you against a variety of lawsuits. This could help to keep you solvent if you are found liable for an accident and need to pay restitution.

Having commercial insurance for your Laguna Hills, CA is very important. When you are going to get insurance, you should contact Friant Insurance Agency. The Friant Insurance Agency can help you by figuring out your total insurance needs and helping you get into the right policy for your situation. 

Is Boat Insurance Needed In Laguna Hills, CA?

When you own a boat in Laguna Hills, CA, it’s important to look at insurance requirements. Although the state of California does not require you to have boat insurance, there are plenty of reasons to get a policy.

At Friant Insurance Agency, we have helped many boat owners get the boat insurance that will provide plenty of financial protection.

You never know what’s going to happen on the water. If someone gets hurt on your boat or you cause damage to someone else’s boat, dock or other property, you’re going to want insurance. The liability coverage can prevent you from paying thousands of dollars in repairs or medical coverage.

You also have no idea what’s going to happen when you leave your boat unattended, such as in a boat harbor or while it’s in dry dock. If it gets stolen or damaged, you’re going to want to file a claim with the insurance company. It’s a lot easier to pay the deductible of $500 or $1,000 than to have to pay for the replacement or repairs of your boat.

Boat insurance can protect you in a wide array of ways. There are plenty of ways to customize the policy, too. This way, you get the protection when and where you need it.

The state might not require you to have a policy, but if you’re going to be spending any kind of money on your boat, you want to make sure you protect your financial investment with a reliable insurance policy.

Our goal is to protect you and your boat, even when you’re not out in the water. Contact us at Friant Insurance Agency today to speak to one of our independent agents. We’ll make sure that you have plenty of protection for your boat in Laguna Hills, CA.

 

Condo Insurance Options for Rental Properties

Laguna Hills, CA is filled with many expansive condos, most of which are rented by their tenants. We at Friant Insurance Agency can help condo renters like you better understand this type of coverage and how it differs from general renter’s insurance.

Condo Insurance is Not Renter’s Insurance

People who rent a condo may make the mistake of thinking that renter’s insurance is appropriate for their property. However, that is not the case because condos are a unique situation that requires a specific type of insurance. That’s because renters also get access to common areas, such as clubhouses, pools, and more.

Unlike apartments with similar amenities, renters of condos actually “own” a small portion of these common areas. That’s because their rental agreement is a type of ownership which provides them access to these public areas in a way that apartment renters don’t get with their rental property.

What Policies Cover

Condo insurance for renters covers a multitude of items, including the property in the condo and the structure of the condominium facility. Just as importantly, this type of coverage also protects people who are injured in a person’s condo. Liability coverage like this pays out in case of a lawsuit.

However, insurance also protects a person if their condo is too damaged for them to live in while it is being repaired. This situation is known as loss of use, and this type of policy works to protect a condo renter from what can be quite expensive relocation costs.

Find a Policy for Your Condo

So if you rent a condo in Laguna Hills, CA and want to protect your investment, please contact us at Friant Insurance Agency today. Our agents will work with you to find a coverage option that not only meets your specific needs but which protects you fully from total loss.

Burglar proofing your home

Your home is your castle, and you should ensure that it is as secure as possible against burglars and home invaders. Friant Insurance Agency, serving Laguna Hills, CA, would like to offer some advice.

Dead-bolt locks on the doors and window locks are a given to prevent or at least delay unauthorized entry. You should also invest in a good alarm system. You should place lighting in your backyard and at entries not visible from the street,

In the era of smart homes, you can program your lights and electronics, such as your TV and radio, to turn on and off in a pattern to simulate you being home when you’re not. A thief casing your home may be put off by such a system. Most home invaders do not want to mess with homeowners and thus might choose a house that seems easier to loot.

Home security cameras have become affordable enough to invest in one or two. If a thief enters your home, at least law enforcement will have a picture of the person as he or she commits a felony by taking your valuables.

Finally, a door camera, such as the Ring, might be worth considering. It enables the homeowner to interact by smart phone from miles away with anyone ringing the doorbell, giving the impression that someone is at home. This could deter thieves pretending to be delivery people, who then force entry when someone opens the front door. Potential thieves who spot the door camera have a tendency to run, realizing that their image has been recorded.

For more information on home insurance, contact Friant Insurance Agency, serving Laguna Hills, CA.

Can Renters Insurance Cover Things Outside the Home?

A renters insurance policy in Laguna Hills, CA will cover your belongings by providing reimbursement for lost or damaged items. Much like homeowners insurance, renters insurance also offers liability protection. Many other benefits come with a renters insurance policy from the Friant Insurance Agency as well. Yes, renters insurance can sometimes protect your things even if they’re not inside your apartment.

Protection for Your Things Outside Your Rental Unit

Just because you’re renting doesn’t mean you can’t leave stuff outside your unit if you need to. A renters insurance policy can cover the things outside your unit.

For example, if you routinely use a bicycle but must keep it outside, your policy can cover it. So, if a theft occurs, you can file a claim. This applies to just about anything you own.

You should do your due diligence to keep your things safe when you leave them outside, but with renters insurance, you don’t need to worry that a loss due to theft is the end of the line.

Protection for Your Things Inside Your Car

What about the stuff inside your parked car? If you leave something in your car, and someone steals it, your renter’s insurance can cover that as well.

For example, imagine if you ran inside to get something but left your laptop on the seat. When you come back out, the laptop is gone. You can definitely file a claim for theft with your renter’s insurance.

Protection for Your Things When You Travel

A renters insurance policy can also protect your things when you’re away from home or traveling. If your watch goes missing at the hotel or something disappears from your luggage, you can often seek reimbursement through your renter’s insurance policy.

Keep in mind that how renters insurance in Laguna Hills, CA works isn’t the same for everyone. You must choose the policy options that work best for you. Contact the Friant Insurance Agency today to learn more about the many benefits offered by a renters insurance policy. 

When is it a Good Time to Decrease Motorcycle Coverage?

Having the right type of motorcycle insurance is the key to preventing losses as a result of an accident, whether it is from an accident or another event when the vehicle is parked. Most people have full coverage insurance for newer bikes, but when is it time to begin decreasing coverage in order to save money on your insurance premiums?

Should You Decrease Your Coverage?

If you have a motorcycle that is over ten years old and is fully paid for, then you may want to consider decreasing your amount of coverage or simply having liability insurance. This is, of course, a calculated risk. If your bike is still considered to have a value of over several thousand dollars, then decreasing coverage may not be the best option. Always discuss your options with your insurance provider before changing your coverage. A reputable agent can help guide your decision so you don’t risk major losses.

Motorcycle Insurance Options

Finding the right type of motorcycle insurance is a great way to protect yourself and others. Getting the coverage that is right for your situation is easy when you have a good insurance provider and agents who are helpful and knowledgeable. If you live near Laguna Hills, CA, you should consider getting your insurance policy from Friant Insurance Agency. They can help you realize your options and will work with you to create a custom policy that will give you what you need without having to spend more than necessary.

Don’t guess about motorcycle insurance coverage. Know what your policy will cover and understand the risk and terms of your policy. Anyone living in or around Laguna Hills, CA should call or stop by Friant Insurance Agency to discuss their options. 

Boat Insurance coverage options in Laguna Hills, CA

In Laguna Hills, CA, owning a boat is not uncommon. If you’re one of the new boat owners here, you should consider paying some little attention to boat insurance to enable you to protect yourself . Boat insurance is equally fundamental just like auto insurance as there are many uncertainties in deep waters as there are on land. 

At Friant Insurance Agency, we help you find excellent boat coverage options for you, your family, friends, and your watercraft machine. Our mission is to keep you safe from financial constraints in case of an accident. Here are the basic coverages that your boat insurance may cover.

Personal liability: This popular coverage reimburses you for losses, damages or injuries sustained in the event of an accident in which you’re at fault. The coverage pays for the medical expenses as well as repairs for the other party’s watercraft.

Physical damage protection:  This coverage is for the owner’s watercraft. In case of damage or theft, the policy helps replace or repair.

Underinsured or uninsured watercraft:  While boat insurance is not a requirement by the government of California, some sailors are either not adequately insured or completely uninsured. This policy pays for your injuries if you’re involved in an accident where the other person was uninsured/underinsured regardless of who is at fault.

Medical payments: Sometimes you get severely injured probably an attack by water creatures like sharks. This policy settles all the medical care bills from the accident.

Boat insurance may not be mandatory but unmistakably worth it for sea enthusiasts especially those in extreme water sports. Nothing can stop you with boat insurance. Give Friant Insurance Agency the chance to find you the right policy package that fits wholly within your means. Visit us or call us today for a quote or new policy discussion.