As a renter, you may feel like you don’t need insurance. After all, your landlord’s insurance should cover the building. However, a renters insurance policy is vital to protecting your belongings and your financial wellbeing. Here are four situations when you need to update your policy.

1. When You Move

If you’re moving to a new apartment, you’ll need to update your renters’ insurance policy. Your policy should list your current address so that the insurer knows where your belongings are located. If you have any high-value items, such as jewelry or art, you may need to purchase additional coverage for them.

2. When You Get Married

If you get married, you’ll need to update your policy to reflect your new marital status. Your spouse will be covered under your policy, and you may need to add them as an additional insured. You may also need to adjust your coverage limits if you have more assets as a married couple.

3. When You Acquire New Belongings

If you acquire new belongings, such as a new television or piece of furniture, you’ll need to update your policy to reflect the added value. Your coverage limits may not be high enough to cover the replacement cost of your new belongings. Remember, ignoring this step could leave you underinsured and at risk of paying out of pocket for replacements.

4. When Your Policy Expires

Your renters’ insurance policy will have an expiration date, and you’ll need to renew it before that date to maintain coverage. If you let your policy lapse, you may be unable to file a claim for any damages that occur during the lapse period.

Get Renters Insurance in Napa, CA

If any of these situations apply to you, it’s important to update your renters’ insurance policy as soon as possible. Wine Valley Insurance Services can help you find the right policy for your needs. Give us a call today to get started.

Wine Valley Insurance Services is proud to be the insurance partner of businesses in the Napa, CA area. If you want to make sure that you have the right insurance in place to protect your company, reach out to us as soon as possible.

Is it time to add an umbrella policy to your commercial insurance toolbox?

Having a complete insurance toolbox to protect your business entity is more important than ever. With profit margins closing in and production costs rising, a small loss can be more challenging to recover from than in the past. We are all too familiar with catastrophic losses due to wildfires and other natural disasters. But, even smaller events can wreak havoc on your business’s cash flow and operations.

You will have additional insurance above and beyond your primary policy when you have an umbrella policy in place. This is especially important if your main commercial policy is depleted due to a covered event. No one likes to think in "worst-case" terms, but it can be helpful when you are planning out how to protect your future success. 

Learning more about how an umbrella policy can complement the insurance that you already have is an integral part of protecting your business. Creating and maintaining a prosperous business is difficult in the best of times. Be sure that you have the commercial insurance protection that you need. 

Give us a call or stop by today!

If you are a business owner or operator located in the greater Napa, CA area, you can turn to Wine Valley Insurance Services for all of your insurance needs. We are proud to serve our community and look forward to working with you! Please stop by our office or give us a call today.

Wine Valley Insurance Services provides business owners in the Napa, CA area with commercial insurance to protect their businesses. If you would like to learn more about umbrella insurance and how it can help protect your interests, give us a call today. 

Adding an umbrella policy to your commercial insurance

It can be challenging to determine what you need and when you need it to protect your business. For owners of small businesses, it can be even more confusing. Often, budget considerations also weigh on these decisions. But, we all know that the future can hold some unexpected scenarios that we need to prepare for!

It may be time for you to seriously consider adding an umbrella policy to your current commercial insurance holdings. If you want to make sure that you have the insurance you need, come what may, your primary policy alone may not be sufficient. When you have an umbrella policy in place, it can step into play if your primary policy is ever exhausted.

We all know just how much hard work and dedication it takes to operate and maintain a successful business in our area. That’s all the more reason why it’s important to have the right insurance in place. Owning a long-running business requires an intelligent insurance plan that will provide protection now and well into the future. Come and find out more today.

Find out more today!

Napa, CA area business operators and owners can rely on Wine Valley Insurance Services for their commercial insurance needs. If you want to make sure that you have the coverage you need, call us today and schedule a consultation.

Umbrella insurance is designed to help protect you when your liability coverage runs out for your company. But what exactly does it cover? At Wine Valley Insurance Services, let us show you how umbrella policies protect Napa, CA businesses like yours from serious liability issues.

What is Covered With your Policy 

Typically, umbrella insurance covers a broad range of liability issues that may occur on your business property. These include things like bodily injury expenses that go beyond your traditional coverage, harm caused by any animals on your property, and accidents by your delivery drivers. 

Importantly, these policies can protect against data loss, hacking, product failure, and other types of lawsuit situations. However, there are a few situations in which your policy may not cover you. Let’s break down a few of these possible scenarios to enhance your understanding.

What is Not Covered 

While your umbrella insurance will cover a vast majority of liability situations, a handful may not. These typically center around deliberate actions that you’ve taken that may counteract your claims. Even your traditional liability insurance won’t cover:

• Personal injuries you may suffer on your business site 
• Criminal action done deliberately by you or other workers 
• Any assumed liability created via your contract 

This last element can be of benefit to you. For example, if your customers create a contract with you in which they assume liability, you may not need insurance protection at all. That said, some people may attempt to take you to court anyway, causing frustration and legal annoyance.

Take Control of Your Business Needs 

As you can see, there are many unique situations in which you might need high-quality umbrella insurance. We at Wine Valley Insurance Services can hook Napa, CA businesses with the most appropriate options for their needs. So please work with us to get the help you need to stay safe.

An umbrella doesn’t protect you from rain only. Umbrella insurance from Wine Valley Insurance Services in Napa, CA, gives you extra liability protection when facing significant claims. You may have a boat, home, or car insurance, but these coverages may fall short when significant lawsuits come calling.

What is umbrella insurance?

Like we mentioned, umbrella insurance kicks in when your conventional liability coverages are depleted. For instance, if you are involved in an auto accident, your car insurance first kicks in, and then umbrella insurance takes over when the car insurance coverage limit is exhausted.

It’s worth noting that umbrella insurance doesn’t exist on its own. It rides on prevailing coverages like auto, home and boat insurance. Besides, umbrella insurance is liability coverage, meaning that it doesn’t cover you or your property.

What does umbrella insurance cover?

Umbrella insurance covers you when other people accuse you of causing bodily injury and property damage. Besides, umbrella insurance covers you when you are accused of the below:

• Slander
• Malicious prosecution
• Libel
• False arrest
• Wrongful eviction

Besides, umbrella insurance covers legal costs, including lawyers fees and settlement claims. If you are a landlord, you also need umbrella insurance to protect you from tenants’ actions.

Why do I need umbrella insurance?

Every day we participate in activities that put us at the risk of being sued. For instance, if you drive, go boating, or skiing, you can be sued for causing bodily injury or property damage to others. Given the ubiquitous nature of lawsuits, you need to safeguard your assets with umbrella insurance.

Buy umbrella insurance today!

Would you like to boost your boat, home, or auto insurance policy in Napa, CA? Please get in touch with Wine Valley Insurance Services for an affordable umbrella insurance policy.

Who likes to spend money unnecessarily? No one. So, given this reality, it’s natural for someone to ask: do I really need renters insurance? Is it worth it? The fact is that you don’t need it unless something terrible happens! And like you know, bad things are part of life, and that’s why we need insurance anyway.

Have you rented a home or an apartment in Napa, CA? Do you doubt whether you need renters insurance? Here is who needs renters insurance, according to Wine Valley Insurance Services.

If your landlord requires it

While renters insurance isn’t a mandatory requirement in California, some landlords may require it. Why? Renters insurance cushions your landlord against liabilities that may arise from the tenant’s actions. For instance, one tenant causing bodily injury to another. 

If you own a dog

It might surprise you that even the most well-natured dogs can become aggressive at times. Unfortunately, dog bites can be expensive. According to Insurance Information Institute, it costs about $45,000 to settle an average dog bite claim! Thankfully, if you have renters insurance, it can take up much of this liability. 

However, keep in mind that renter’s insurance excludes certain breeds of pets.

If you have numerous personal properties

Don’t get me wrong — you still need renters insurance if you own modest properties. After all, it cost you money to accumulate the assets you have. However, if you feel like loss or damage to your properties would take up much of your savings to replace, that’s a good motivator for you to invest in renter’s insurance.

If you value peace of mind

When you have invested in a renter’s insurance policy, you don’t have to spend sleepless nights worrying about damage or loss of your property. Similarly, you can sleep soundly even when a covered peril destroys your rented dwelling. In all these cases, renters insurance got you covered.

Are you looking for renter’s insurance coverage in Napa, CA? Your search has ended. Would you please partner with Wine Valley Insurance Services for all your renter’s insurance needs?