Insurance Incorporated

Insurance Incorporated opened there newest office in Fillmore, CA. Insurance Incorporated is a full service Independent Agency. Serving the insurance needs of consumers and business owners since 1958.  Whether you need insurance for auto, home, business, life or health insurance,  Insurance Incorporated can help. 

As independent agents we give you the advantage of saving time and money by shopping your insurance with numerous carriers with one call.  Why shop the old fashion way calling agent after agent gathering one quote at a time, when you can call Insurance Incorporated and receive quotes from the leading insurance carriers, such as Mercury,  Safeco, Hartford, Travelers, Metlife, Golden Eagle, Progressive, Allied to mention just a few. Unlike some carriers that can only quote these companies , we can quote and write your insurance for you. Call 877-898-933 for a free quote on your insurance today!

Failing to disclose all drivers in a household can be dangerous! While it may be tempting not to mention a youthful driver, such as a child or younger brother and/or sister or even a roommate that lives in the same household when applying for auto insurance in order to get a lower rate,  can backfire on you.

The auto insurance application is a contract and the questions that are asked in the application are part of a legal agreement between you, the policy holder and the insurance company and both parties are basing their agreement on the belief that the application reflects truthful representations by both parties. If you misrepresent a fact in the application you could void coverage. For example you are purchasing an auto insurance policy and you live in the same household as your parents and a younger sibling. You apply for auto insurance and decide to include your parents but not to mention the younger sibling.  Later on in the policy period the undisclosed sibling decides to drive your vehicle and gets in a wreck, the insurance carrier could deny coverage, based upon a material misrepresentation on the application in an effort to evade the higher rate.

When applying for insurance if you do not want to cover a particular person in the household you can specifically request to exclude that person. Just understand they cannot drive your vehicle unless you have notified the insurance carrier to add that person back onto the policy,  removing the exclusion and you receive confirmation back from the carrier that the exclusion has been removed prior to allowing them to drive. The insurance carrier will then charge the appropriate premium for the risk on the younger driver.

Be careful on adding and excluding drivers repeatedly on  a policy as some carriers may place a limit on the number oif times they can be added and removed or require you to either include or exclude the person that resides in the same household.

This does not apply to people who do not live in the household that you may lend your car to on a rare occassion. If you lend your vehicle to another person on a regular or frequent  basis you should add them to your policy as some applications ask for all regular drivers of the vehicle.

Consult with your agent or carrier on how best to handle a youthful driver in the household and how your policy is affected.

Insurance Incorporated recently added Metlife to our portfolio of carriers. Giving their auto, home and life insurance customers more carriers to choose from. This allows Insurance Incorported to provide their clients with some of the lowest rates for insurance while providing them with the broadest choice of coverage. We save our customers time by shopping their insurance with over 15 different carriers assuring they are paying the most competitive rates.  Why not give us a try! Log onto www.insuranceinc.com

When applying for business insurance of any type it is extremely important that you provide not only the legal name of your business, but any d.b.a.’s (Doing Business As). Why you ask? Because if  a lawsuit is filed against a name that is not listed on the policy you may find yourself without coverage. This includes sole proprietorships and partnerships. Make sure all parties on a sole proprietorship (spouses) or, partnership are listed on the policy. The cost to include the extra names is usually nothing as long as the names do not pertain to a different set of operations.

In order for a child to be exempt from a surcharge on a child only health insurance  plan  the child must enroll within the month of their birthdates or have had prior continuous coverage during the 90 day period prior to submitting the application to be exempt from the surcharge.

Enrolling outside of an enrollment period may result in higher rates. as much as 20% for a period not greater than 12 months if the applicant did not have continuous coverage during the 90 days prior to the date of the application and is not a late enrollee compared to the rates available during an open enrollment period. 

Applicant may also qualify for late enrollment if they meet other qualifying events. Those events include:

* Loss of coverage due to:

1. Termination or change in employment status of the child or the person whom the child was cvovered

2. Death, of the person through whom the child was covered

3. Cessation of employers contribution.

4. Legal separation or divorce

5. Loss of coverage under Healthy Families Program, Access for Infants and Mothers Program or Medi-Cal Program

6. The adoption of a child.

* The child became a resident of California during a month that was not the childs birth month

*The child is born as a resident of California and did not enroll in the month of birth

* The child is mandated to be covered pursuant to a valid state or federal court order

* The child is within 63 days from their date of birth or adoption

Please note that children must apply for coverage within 63 days from the qualifying event in order to be considered a late enrollee.

For more informationcontact one of our offices in Southern California (City of Industry, Fillmore or Riverside) for a free quote call our office at 877-898-9333

Its already covered.

Even the best homeowners policy may be limited in the protection of your valuables.  Generally homeowners policies have limits of $1,000 – $2,000 maximum on jewelry and coverage is limited.  A personal articles or jewelry policy provides broader coverage for theft, mysterious disapperance or damaged and offer higher limits of insurance.

It’s too expensive

Standard coverage for jewelry worn regularly costs one to two percent of the items appraised value. If you typically keep it in a bank vault the rates are considerably less, about one third the cost.  You are only charged the higher rate when you take your jewelry out of the vault.

It’s too much work

The prospect of obtaining appraisals for all your jewelry can seem daunting. Some carriers only require appraisals on items valued at $50,000 or more. A good description  and estimated value may suffice.

My Jewelry isn’t vulnerable.

Perhaps you have taken extra efforts to protect your jewelry, including the installation of a home security system and periodic maintenance with a professional jeweler. But there is still risk. Every year, nearly $1 Billion of jewelry disappears in the United States, according to the U.S. Dept. of Justice. By itemizing your jewelry with a personal articles policy you don’t have to worry about an accidental loss, chipped or stolen item since a personal articles policy covers these perils. A Homeowners policy may not cover mysterious disappearance or damage.

For more information or a quote on jewelry, fine arts, musical instruments or stamp and coin collection contact our office at 877-898-9333 or log into www.insuranceinc.com for more information

Our agency will donate $20 to the Riverside Poly High School Marching Band when you insure with us!

How does your insurance company stack up with Mercury Insurance?

Contact us today for a fast, free quote to see how much you can save! If you are a college graduate don’t forget to ask about additional discounts!

Call 877-898-9333 or log onto www.insuranceinc.com today for more information!

According to the California Earthquake Authority, “the tragic tsunamis and Magnitude 8.9 earthquake that have struck Japan – the fifth largest quake in the world since 1900 – are a stark reminder that earthquakes can happen any time and it’s essential to prepare.”

Boston-based catastrophe modeling firm AIR Worldwide’s most recent statement, based on “currently available information, estimates that insured property losses from the Mw9.1 earthquake that struck Japan on Friday will range between 1.2 trillion JPY to 2.8 trillion JPY. Using today’s exchange rate of 81.85 JPY to the dollar, this translates to a range of between $15 billion and $35 billion.”

It is hard to bear the traumatic event that occured in Japan. It’s a reality-check of what could happen to virtually anyone, and not everyone is prepared to face such a tragic ordeal, which is why, it is a lesson learned for us Californians to be prepared. “Preparing for earthquakes is critical, not just in California but in all the other seismic regions throughout the United States,” CEA CEO Glenn Pomeroy said. “The simple truth is that our country is not adequately prepared for the destruction – and financial devastation – from the “Big One” that strikes closer to home.”

According to the Insurance Journal, “California houses two-thirds of the nation’s earthquake risk,with most residents living within 30 miles of a major fault. But just 12 percent of homes with fire insurance also have earthquake coverage.” We see the destructive damage that earthquakes can cause, so it is most important that we really consider purchasing earthquake insurance, as they have said, the “big one” is coming.

Earthquake insurance can be purchased through CEA or we could be of assistance. Here at Insurance Incorporated we offer many markets that have earthquake coverage. Keep in mind, your homeowners policy does not cover damages caused by earthquakes and floods. They are their own seperate policies!

Myth 1: Color – It has been said that the color of the vehicle determines the price of auto insurance. However, this is not true. It doesn’t matter what color your car is. What does matter is the type of vehicle you are buying. Whether it is a sports car, mini-van, or a truck, each vehicle has a certain value and driving factor associated with it. For instance, if you drive a sports car, people tend to drive faster than those that drive a mini-van. Not only is this characteristic imbedded in the car, but usually, those sports car are valued high as well. Auto insurance premium are based on the make, model, body type, engine size, the age of vehicle, the age of the driver, driving record, credit history, and zip code. They are also based, in part, on the car’s sticker price, the cost to repair it, its overall safety record, and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. These include daytime running lights and anti-theft devices.

Myth 2: Age – It costs more to insure your car when you get older. Many drivers over 55 years of age can qualify for a reduction in auto insurance rates, typically for three years, if they have successfully completed an accident prevention course. Insurance companies will usually provide up to a 10 percent discount on car insurance, but check with your provider before you sign on. Mature driving courses are available through local and state agencies as well as through the AAA and AARP. You can also check with your insurance agent to find out which defensive driving courses are approved by your insurer. If you are retired or are not employed full time, you may also be eligible for a discount of up to 5 percent off your car insurance. Age requirements for this type of discount vary by state and insurance carrier.

Myth 3: Credit History – It has been said that your credit has no effect on your insurance rate. However, this does matter. Your credit history is a measure of how well you financially stand as well as how you manage your financial affairs. Many insurance companies take your score into consideration, because reserach has shown that people with a higher credit score get into less accidents, therefore, most would pay less for insurance.

Myth 4: Coverage if car is stolen, vandalized, or damaged by falling trees, flood, or fire – This coverage is optional. It is under Comprehensive and Collision coverage. If you have liability coverage ONLY, you will not be covered for these exposures. Make sure on your policy what you are protected from.

Myth 5: Minimium limits is enough! In California, by law, you must have bodily injury limits of $15,000/$30,000. However, one accident can far exceed that amount and you are most likely to pay more out-of-your-pocket for that loss. It is recommended that a minimum of $100,000 of bodily injury limit and $300,000 per occurance be on your policy. It’s to be sure that you have the right amount of protection for you and your financial assests.

Myth 6. If another person is driving your car, his or her auto insurance will cover them if they get in an accident. In most states, the auto insurance policy covering the vehicle is considered the primary insurance, which means that the auto insurance company for the vehicle must pay for damages caused by an accident. Policies and laws differ by state, and you should become familiar with these differences when allowing another person to drive your car.

Myth 7. Soldiers pay more for insurance than civilians. No matter what branch of the military you are in, you qualify for a discount on auto insurance. In some situations you might be able to have your commanding officer make a phone call on your behalf, but for most auto insurance companies, you will need to supply documentation that lists your name, rank and the time that you will be enlisted in the service. This allows insurance companies to determine how long you will be eligible to receive a military discount. Many auto insurance companies provide discounts for former members of the military and their families as well.

Myth 8. Personal auto insurance covers both personal and business use of your car. If you’re self-employed and use your vehicle for business purposes, personal auto insurance may not protect you. While auto insurance geared for businesses can be more costly than a personal policy, one of the best ways to keep your auto rates down is by having a good driving record. If there are others using your car they need to have good driving records too. Check the records of your employee drivers at least twice a year to ensure they maintain a clean driving record.

Sources: Insurance Information Institute