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Hired & Non-Owned Auto, Why Everyone Should Have It

Hired & Non-owned auto liability covers bodily injury and property damage caused by a vehicle you hire, which includes vehicles you borrow or rent, or caused by non-owned vehicles. You may not realize it at first, but as a business owner, you will find yourself in these types of situation, and...

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Elderly Couple Saved From Burning Home!

Posted by admin | Posted in Around The Community, Home, Personal Insurance | Posted on 09-03-2011

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Los Angeles County firefighters work to extinguish a house fire in the 15900 block of Rio Florida Drive in Whittier on Friday March 4, 2011. Neighbors rescued two elderly residents from the home before firefighters arrived. (SGVN/Staff Photo by Keith Durflinger) (KEITH DURFLINGER)

WHITTIER – Concerned neighbors rescued an elderly couple from their burning house Friday, then attacked the blaze with garden hoses until firefighters arrived.

Ashley Colbern, 21, said she noticed smoke coming from the Rio Florida Drive home of her elderly neighbors, 83-year-old Matthew Papac and 80-year-old Corrine Papac, shortly before 2 p.m.

Colbern said she rang the doorbell, and Corrine Papac came to the door.

“She wasn’t aware of the fire,” Colbern said.

Colbern said she asked Corrine Papac where her husband was, and the woman directed her to a back bedroom.

After telling Corrine Papac to get out of the home, Colbern said she entered the bedroom and found Matthew Papac napping.

He didn’t respond to her warnings at first, she said.

Matthew Papac said he thought he was dreaming when Colbern first arrived and began telling him there was a fire.

“I was jumping – I was doing anything I could to get his attention,” she said.

Ultimately, Matthew Papac said he was escorted from his home by Colbern and another neighbor, 70-year-old Bruce Wyatt.

“We were running through the den there,” Matthew Papac said. “The smoke was filling up the room. Bruce grabbed me by the shoulder and said, `stay low.”‘

In the end, everyone made it out of the house unharmed, though fire officials initially estimated the value of damages to the single-story Friendly Hills home at about $600,000.

Read more: Neighbors rescue elderly couple from burning Whittier home – Whittier Daily News http://www.whittierdailynews.com/news/ci_17541604#ixzz1G7UKEOOc

It’s tough to see a house suffer such an event. There is two lessons to be learned from this tragic event: one, the importance of having insurance, and second, the importance of having enough. There have been countless stories of people being underinsured, which ultimately could cost you an immense amount of struggle. You want to make sure your home is being insured for the correct amount. Speak to one of our knowldgeable agents to discuss the right amount of coverage for your home. It not only reassures your pricing, but safety and security as well!

Practicing a Safe Work Environment Could Benefit You!

Posted by admin | Posted in Business Insurance, Miscellaneous | Posted on 02-02-2011

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Having a safer workplace can have a siginicant impact on your employee productivity, but most importantly, your costs. When practicing a safe work environment, it could help control the cost of workers comepensation. When there are fewer losses and claims, it ultimately leads to a lower experience modifcation, or ex-mod, which could save you a ton of money! For example, another business in the same category, or class code, as you could be paying more or less depending on the ex-mod. It could be either a credit or a debit (Ex. 1.20 or .80) which is multiplied by the total premium on the policy.

Here are some tips for you to help create a safe work environment:

1. Define Measureable Program Objectives

Align all executives with key program metrics such as frequency and severity reduction, while requiring unilateral commitment to the safety program.

2. Provide Appropriate Employee Training

Initiate formal training at the top of the organization before filtering it down to the front line employee level.

3. Determine Roles & Responsibilities

While training remains on-going, assign specific safety enforcement tasks to each level of management including senior executives, managers and supervisors.

4. Enforce and Reward Program Performance

Require constant and consistent enforcement of safety rules, while incorporating performance of these tasks into formal reviews and reward programs.

5. Establish Loss Control Plans

Following a loss, help employees feel productive as quickly as possible through formal Return to Work programs, while establishing an open and honest dialogue with the injured worker and claims examiner. This is important!

Keep in mind, in the State of California, failing to have workers’ compensation coverage is a criminal offense. According to Section 3700.5 of the California Labor Code makes it a misdemeanor punishable by either a fine of up to $10,000 or imprisonment in the county jail for up to one year, or both.

Here at Insurance Incorporated, we want to help promote a safe work environment for you and your employees. Visit our website for more details or give us a call at our office today!

Renter’s Insurance: It’s Good to Have!

Posted by admin | Posted in Around The Community, Home, Personal Insurance | Posted on 17-11-2010

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Speak to one of our agents today to find out more details! Visit the “Contact Us” tab for contact information.

Remembering 9/11…

Posted by admin | Posted in Miscellaneous | Posted on 10-09-2010

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Tomorrow marks the ninth year anniversary of 9/11.

“The 9/11 attack was the largest loss in the history of the global insurance industry until Hurricane Katrina in 2005,” said Hartwig. “As construction moves ahead on the new World Trade Center site, insurance claims dollars continue to play an essential and highly visible role in rebuilding lower Manhattan.”
 
According to the Insurance Information Institute (III), this tragic event has produced an insured loss of $39.4 billion. Looking at the graph below, you can see the break down of what has been paid for just this one event.