August 25, 2014
AgencyNapa earthquake insured losses estimated at $2.1B, with wineries taking the biggest hit
(Bloomberg) — The earthquake that struck northern California yesterday will lead to economic losses of as much as $4 billion, fueled by damaged wineries and shuttered businesses that rely on tourists. Insurers will probably cover about $2.1 billion, according to an estimate from Kinetic Analysis Corp., which projected total losses of about twice that sum. Costs borne […]
August 14, 2014
AgencySmackdown! 2014’s costliest, most deadly weather event to date struck in July
Aon Benfield’s catastrophe-model development center Impact Forecasting has revealed in its newly released 2014 Global Catastrophe Recap report the costliest weather events for the month of July, including major thunderstorms, flooding and not one but two super typhoons. As it happens, one of these events has proven the costliest weather event to date thus far […]
August 8, 2014
AgencyHablas español?: Non-English speaking clients create new challenges for insurers
With the Spanish-speaking population in the U.S. ranking in the top-five worldwide, insurers are finding they need to either use a translation service or hire Spanish-speaking staff. According to the Pew Research Center, Spanish is spoken at home by 37.6 million people in this country. This eclipses Chinese, which is the second-most frequently spoken non-English […]
August 5, 2014
Agency10 states where teenage drivers cost the most
Personal lines agents know all too well the financial headache that comes with adding a new, teenage driver on a family policy. After all, teenagers are the riskiest drivers on the road, and insurance rates are calculated accordingly. Just how much of a difference adding a teenage driver to an insurance plan depends on where […]
July 30, 2014
AgencyLearn How Our Partners at The Hartford Insurance Protect Clients
Here at Salvador Insurance, we believe in providing the best quality of service to all of our customers. Our agency works with over 25 highly rated companies to provide competitive rates, including Hartford Insurance. Please watch the video below in order to learn how the The Hartford’s Professional Liability coverage helped protect one of their […]
July 29, 2014
AgencyVideo: What You Need in Business Insurance
If you own a business — even if it’s a small home-based business – you face unique risks as a business owner. That’s why it’s so important to have the right coverage and to find a trusted insurance agent who will help you close any potential coverage gaps. Watch the video above to learn which […]
July 28, 2014
AgencySeven Groups Most Likely to Lack Life Insurance
Are you inadvertently putting your loved ones in danger? Millions of Americans lack enough—or even any—life insurance. Are you one of them? A recent study revealed that life insurance ownership recently hit a 50-year low—and that 35 million households don’t have any life insurance at all. This means that the death of an income earner […]
July 25, 2014
AgencyInsurance for Home-based Businesses
What homeowners policies don’t cover Many—though not all—homepreneurs need extra protection beyond their homeowners policies. That’s because most homeowners policies lack these important coverages: Business personal property Most homeowners policies provide limited coverage of $500 to $1,000 for tools, machines or other equipment you use exclusively for your business. If your belongings are worth more, […]
July 25, 2014
AgencyEight Reasons Why You Need to Review Your Business Insurance Coverage
You’ve invested a lot of time and money into your business and you want to help keep it safe. Business insurance helps to ensure that all you’ve invested in your business is protected in case of a covered accident, disaster, disruption or emergency. The Risks Unfortunately, not having the appropriate amount of insurance (under insurance) can be an issue […]
July 2, 2014
AgencyWhat You Need to Know About Lightning Safety
This week marks Lightning Safety Awareness Week. Though disasters like hurricanes tend to get more attention during the summer months, it’s important to know how to stay safe from lightning. That’s because lightning presents serious dangers to both people and property. Lightning safety and people Lightning can occur during any time of the year, but […]