Study: SUVs, Pickups Hit Pedestrians More Often Than Cars Do
Reprinted from the Insurance Journal March 22, 2022 Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars, according to a new study. The research released Thursday by the Insurance Institute for Highway Safety points to the increasing popularity of larger vehicles…
Read article2022 Calendars available
We have a small supply of extra 2022 Calendars if you are interested! Just let us know and we will pop one in the mail for you! While supplies last!
Read articleEarthquake Brace + Bolt Retrofit Grant Program
FUNDS ARE LIMITED! You can strengthen your home and get up to a 25%* discount on your earthquake insurance premium. You may register and then be selected to receive a unique opportunity: a $3,000 tax-free grant to help seismically retrofit your home through the 2020 Earthquake Brace + Bolt (EBB) program. Registration is open until…
Read articleCongratulations. You’ve Been Selected – Don’t Get Scammed!
This message was shared with me by the Simi Valley Police department and I thought it valuable information so I wanted to share it with you. Many older Americans grew up in an era when doing the right thing meant helping family members, reporting for jury duty, and paying your taxes. Unfortunately, scammers know this…
Read articleAuto insurance rates on the rise
MORE ACCIDENTS attributed to smartphone use while driving, coupled with much higher costs of repairs, have led to double-digit increases in auto insurance rates over the past few years. Distracted driving is just one of many factors that have converged on auto insurance claims, resulting in sustained premium increases. Now there are new factors that…
Read articleAre you taking care of tomorrow?
27% of 1,000 Millennials surveyed in July 2018 spend more money on coffee each month than what they set aside and invest monthly for their eventual retirement (source: Lendedu.com). If this describes you, give us a call and we can show you a couple of steps you can take to get started on a systematic…
Read articleComments about annuities from the current issue of Kiplinger newsletter –
“Sales of fixed-rate deferred annuities will jump over the next two years: A 20% increase this year and another 25% next year. Higher interest rates and increased stock market volatility are making annuities more attractive options than they have been in years. Higher rates let insurers hike the payouts they offer on deferred annuities, which…
Read articlePrevention through education – talk with your teenage drivers
The 100 days between Memorial Day and Labor Day are recognized as the deadliest for teens, as collisions involving young drivers spikes sharply during this period. This year the Department of Insurance, the California Highway Patrol, Impact Teen Drivers, and the insurance industry are hoping to turn the tide by teaming up with the Ford…
Read articleActual vs Expected!
Only 36% of workers surveyed anticipate that their monthly Social Security benefit “will be a major source of income” during retirement. However, 67% of retirees surveyed have determined that their monthly Social Security benefit “is a major source of income” during retirement (source: Employee Benefit Research Institute 2018 Retirement Confidence Survey). This reflects failure or…
Read articleHappy 90th Birthday Farmers Insurance!!!
On March 28, 1928, 90 years ago today, Farmers Automobile Inter-Insurance Exchange was born and on April 9th, sold its first auto policy on a 1925 Cadillac Phaeton to Charles Briscoe. This was the beginning of a wonderful Corporate story that has had tremendous positive impact on many individuals; employees, agents, district managers, and…
Read articleGreat reminder from the Ventura County Sheriff’s Office
In the wake of Thomas Fire, the Ventura County Sheriff’s Office reminds residents that charity and home repair scams often follow disasters. The Sheriff’s Office warns people about urgent appeals for charitable donations, and cautions residents in stricken areas about fraudulent home repair offers. The scammers often play on the emotions of people especially during…
Read articleDid you know that 44% of small businesses reported being a victim of a Cyber Attack?
Cyber attacks on small business have an average cost of $9,000.00 per attack according to a National Small Business Association survey and www.staysafeonline.org. NSBA also estimates that nearly 59% of small to medium size companies don’t have a plan in place to respond and report data breaches, and everyone is a potential target. Studies show…
Read articleYou, disabled? What are your chances?
Higher than you probably think. You can ignore the problem, but it’s hard to ignore the facts: Just over 1 in 4 of today’s 20 year-olds will become disabled before they retire. Accidents are NOT usually the culprit. Back injuries, cancer, heart disease and other illnesses cause the majority of long-term absences. Are you prepared…
Read articleAmericans and Retirement Savings
Recent research conducted by the Transamerica Center for Retirement Studies revealed that 77% of 4,200 Americans surveyed are saving for their retirement, either through pre – tax retirement plan or through personal after – tax accounts. Which group do you fall in? If you are part of the 77%, are you putting enough away to…
Read articleStart Saving Now!
A child born in 2016 that begins kindergarten in the fall of 2021 would attend college between the years of 2034 and 2038. If that child attended an average public in-state 4-year college and if the annual price increases for public colleges experienced over the last 30 years continued into the future, the aggregate 4-year…
Read articleUmbrella Insurance – Is it for YOU?
I get many questions concerning Umbrella Liability Insurance coverage and wondering whether it is something that one should add to their insurance portfolio. The easiest way to answer that question is with a question; “Is protecting your assets in the event of a catastrophic loss something that is important to you?” Many think “Well something…
Read articleGroup Health Insurance for Business
Affordable Care Act (ACA) employer mandate now (as of 01/01/2016) requires businesses with at least 50 full-time equivalent employees to provide health coverage for their employees and dependents or face a tax penalty. Many clients in the service industry have asked me “what constitutes a Full Time Equivalent?” Here is the definition directly from the…
Read articleCEA Announces coverage enhancements effective January 2016
The California Earthquake Authority (CEA) has published coverage enhancements not previously available including options of $150,000 and $200,000 for Coverage C – Personal Property; options of $50, $75 and $100,000 for Loss of Use; increased coverage amount on Building Code Upgrade of $30,000; and a new limit for Loss Assessment in the amount of $100,000…
Read articleCalifornia Wildfires are back!
Every year it seems we kick off Wildfire season with a horrific event and this year is no different. After the Fire of last week and scenes of burned out vehicles on the 15, now strong winds and heavy rain have caused damage to properties in Ramona, Perris, Moreno Valley and surrounding areas. The current…
Read articleInsurance commissioner approves new insurance product to fill gap for UberX, Lyft and Sidecar ride-hailing drivers. Farmers Insurance steps up to meet insurance need driven by new technology.
The following is the content of a press release issued by the California Department of Insurance this morning. SACRAMENTO, Calif.- As demand for ridesharing or ride-hailing services continues to increase for business and personal travel, closing insurance gaps to protect consumers is a priority. Insurance Commissioner Jones announced today that he has approved a new…
Read articleCyber Liablity
An online tech report for USA Today on December 9, 2014 had a lot to say on the impact of damage from a cyber breach. The report highlights that small business owners can protect themselves from cyberbreaches with cyber liability insurance. “In some ways, just the process of getting the insurance is protective. It makes…
Read articleHoliday Packages and Automobile Glass don’t mix!
I was speaking to one of the vendors that Farmers Insurance uses for glass replacement and he told me that it is amazing at this time of year how many automobile windows they replace due to smash and grab thieves. Holiday packages in plain view in your automobile are prime targets for this type of…
Read articleCalifornia becomes first in the nation to increase consumer protections in pet insurance
The following is text from a News Release from the California Department of Insurance SACRAMENTO, Calif. – Today AB 2056 (Dababneh), which adds essential consumer protections to pet insurance, was signed into law by Governor Brown making it the first law of its kind in the nation. The new law will require pet insurers…
Read articleReduce Your Risk from Wildfire Embers
Thousands of residents have been evacuated due to a rare confluence of fast-moving wildfires scorching Southern California. California Fire Division Chief Dave Allen said nine fires have burned 9,095 acres and San Diego County district supervisor Bill Horn said Wednesday evening that eight fires were burning in the region, seven of which popped up that…
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