Category Archives: Blog Articles

Holiday Tips and Precautions for a Happy New Year

Holiday Tips and Precautions for a Happy New Year!

The holidays and New Year’s celebrations are a time of travel and festivities. And while we hope that the holidays are a time of celebration, nothing could be more devastating during this time than a home break-in or an unexpected accident.

Following proactive procedures can help give you peace of mind.

Travel and Home Safety Tips

When traveling CNET recommends the following:

  • Make sure your home doesn’t look “empty.”
  • Forward your mail and ask a neighbor to collect mailers and newspapers that may otherwise accumulate at your front door.
  • Install motion censored lights on the exterior of the house.
  • Put interior lights on timers that light at varied times.
  • Consider installing security cameras near the doors and in various parts of the home to monitor activity.

Holiday Party Tips and Precautions

Entertaining guests at your home for the holidays? As alcohol is typically served at holiday gatherings, Indiana.edu offers a number of helpful suggestions for pacing the drinking at your home soiree.

Most notably, don’t allow intoxicated guests to drive home. In recent years apps like Lyft and Uber have grown in popularity so that they are readily available in major cities (and many suburbs) and are ready for pickup in minutes. On your party invitations and correspondences, suggest that your guests download the app on their smart phones pre-party. Also have the number for the local taxi service on-hand.

A Homeowners Policy and Rental Insurance Offer Peace of Mind

Both a homeowners policy and renters insurance can help you cover your property and possessions if they are damaged or destroyed – or if your valuables are stolen.

Additionally these policies can cover your assets if you are sued for negligence that caused an accident.

At Cappuccino Insurance wish you happy holidays and a happy new year. If you have questions about your coverage, please contact us!

Dog Ownership and Home Insurance

Dog Ownership and Your Homeowner’s Insurance: What You Need to Know

A dog is known as man’s best friend for a reason, but as dog owners know, owning a dog is accompanied by many expenses and responsibilities. When people pick out their perfect companion they might not have homeowner’s insurance on the mind, but if you own a home, having coverage and being proactive about your liabilities is a priority.

The type of breed you have, your dog’s personal history, and the insurance company who covers you are all factors in what type of coverage you can have, but some dog owners may not be eligible for coverage at all.

Dogs do bite and can cause bodily injury

An average of $32,000 was paid for dog bite claims in 2015 in the US.

In some states the average is higher, like in California where the average dog bite claim is $43,000.

What owning specific breeds means for your homeowner’s policy 

Many policies do not cover specific breeds, like Akitas, Chows, wolves (and wolf mixes), Pit Bulls, Staffordshire Terriers, and Pit Bull mixes.

If you have a dog on that list you need to pay more attention to your policy. This list can vary state by state and by insurance company, so it’s best to consult with your agent and pay attention to the language in your policy.

It’s important to stress that if you have one of those breeds and don’t report it to your agent, your insurance will be dropped.

If you have a dog on that list, you may still be insured by some companies, but those incidents aren’t covered, yet some companies may not insure you at all. It’s best to consult with your agent and review the language in your policy.

 Key Points for Dog Owners:

  • When signing up for homeowner’s insurance, your insurance agent has to ask if you have a dog and document the breed. Be honest.
  • When adding a new dog to your household, keep your agent abreast of what kind of breed it is.
  • The insurance agency will send out an inspector to your property to verify the breed.
  • Make sure your policy provides coverage for that dog breed.
  • Pay attention to the language in the policy.
  • If your dog has a personal history of biting and/or a bite claim, then no company will insure you.

In terms of dog ownership and pet ownership, honesty is the best policy. Also is being proactive about your pet ownership.

  • Be aware of the dog that you’re buying and/or adopting.
  • Take your dog to training and make sure it is well behaved

August 26th is National Dog Day, so we hope you celebrate with your pooch!

To review your existing policy or to create a new one contact Cappuccino Insurance Agency for a consultation.

 

 

Why Teen Drivers make Umbrella Policies a Necessity

Car Insurance

The following story was related to us from one of our partners… 

“Mark’s summer internship in the city was a dream come true for a 17-year-old — especially because he got to drive there every day in his very own car.

TAKING THE WHEEL
His parents made sure he bought the car with his own money and also paid for the insurance, so this job definitely helped. Mark carried state minimums since that was all he could afford.

TEEN DRIVERS ARE INEXPERIENCED
While parallel parking early one morning, Mark accidentally hit the gas instead of the brake pedal while in reverse. Just then, Erica, age 32, stepped off the curb to cross the street between the parked cars and became pinned between them. The accident led to the amputation of Erica’s legs.

She was flown to a nearby hospital to receive treatment and after her extensive inpatient care, she required a special amputee rehabilitation team to aid in her recovery process. Her post-acute treatment included physical rehabilitation, expert fitting and custom-manufacture of a prostheses to help her regain function and mobility and psychological services.

HOW A PERSONAL UMBRELLA HELPED
Mark’s minimum coverage for Erica’s medical bills was quickly exhausted since he was underinsured for this type of accident.

Since Erica had a $2 MM standalone personal umbrella policy with $1 MM excess UM/UIM, it kicked in after the underinsured motorist on her auto was exhausted to take care of her outstanding medical bills.”

Claim: $1.5 MM

An umbrella policy is a stand-alone policy that allows you to both protect your assets and protect yourself from the underinsured.

Even if your teen is already insured under your policy, you may want additional protection.

Those who don’t have teens are still in need of a policy that protects them from underinsured motorists. You can’t rely on others to have the proper insurance.

New teen drivers are hitting the road this summer. Contact us today to find out how our standalone personal umbrella policy with limits up to $10 MM can help protect your insured.

What’s in your Garage? And is it Covered…

Cappuccino Insurance Agency Boat and RV Insurance

As the weather warms up, everyone starts thinking about vacation. People start thinking about buying a boat or RV and those who are already owners take them out of storage, wipe the dust off, and get them ready for a road trip.

Boats are RVs are big investments you want to make sure they’re properly insured.

You could add your RV or boat to your auto policy, but be aware that it wouldn’t cover all the things you’d want it to cover. That type of insurance just covers the vehicle itself.

Some additional coverage you may want is trip interruption and theft.

Trip Interruption: Each policy is different, but in short, if your trip is postponed or canceled due to things like extreme weather, injury or illness, you can put in a claim for reimbursement if you have trip interruption on your policy.

Theft: If something is stolen from your RV or boat, it won’t be covered with your standard auto policy. Things like camping equipment and barbeques are expensive, and with the right policy they would be covered.

*If you own a home you could always put in a claim through your home insurance. Oftentimes, however, homeowners prefer not to, as this would impact their homeowner’s rates.

With boat and RV insurance, what happens on the boat or the RV stays on that policy, and doesn’t affect the homeowner’s policy.

Other: Things like awning and attachments are very likely not covered under an auto policy. As just the vehicle itself is covered under an auto policy, any other damage would be coming out of pocket.

Tows: What happens if you break down on the lake and need a tow? What if you just run out of gas? These services can be covered under your boat insurance.

Full Value: RVs can be insured for their “full value.” So if you bought that RV for $100,000, you can insure it for that same amount. This is different from a car, where your payout is lower as the car depreciates over time.

If own a boat or an RV, or are getting ready to purchase, get in touch and we can see what coverage is right for you and your vehicles.

Please feel free to pass this information on to a boat or RV-owning friend.

We are still offering a $10 incentive for referring a friend and last quarter we offered the bonus incentive of a culminating raffle for an i-pad. The winner will be announced on social media, so stay tuned!

The Best of Earthquake Preparedness Month

California is known for its great beaches, fine wines, and… earthquakes. It’s been a while since we’ve experienced a quake of notable size (1994, to be exact), but out of all of the states in the United States, we’re still the earthquake capital.

It’s a fact that some Californians take pride in… because you just can’t find quakes like ours in places like Ohio.

CA Rocks Tee                Screen Shot 2016-04-15 at 1.33.45 PM

Why is April designated Earth Quake Preparedness Month?

On April 18th, 1906 San Franciscans were shaken from their beds as they experienced, a reported, 8.3 quake. The rest is California history.

So in the month of April, organizations like shakeout.org and ready.gov bring awareness to an issue that we’re not usually thinking about until the ground beneath our feet is, literally, moving.

Check out this earthquake PSA from Dwayne Johnson, aka The Rock.

How likely is an earthquake?

If you’re in California an earthquake of some magnitude is inevitable, at some point. People have been speculating about “the big one” for some time. Apocalyptic scenarios have been the subject of major motion picture films and alarmist news stories, like this recent story from ABC news.

But the USGS (United States Geological Survey) would like to remind us that no one can predict earthquakes. And while they’re on the subject, no, California will not fall off into the ocean if there is a big enough quake.

How to Prepare for an Earthquake… Really

We’ve scoured the Internet for some solid sites offering tips for earthquake preparedness…

The Red Cross, How to Prepare

How to Create an Emergency Kit

How to Create an Emergency Kit

Download the Red Cross Earthquake App

Cappuccino Insurance Earthquake Tips

Should you have Earth Quake Insurance?

Since we’re an insurance agency, we’re usually thinking about insurance. It’s what we do.

Most California homeowners are aware that if your home is damaged in an earthquake, your regular insurance doesn’t cover it. The California Earth Quake Authority is one agency, among others, that offers insurance.

But should YOU have earthquake insurance?

Maybe. It depends.

It depends on…

  1. Where you live. Do you live in a high-risk area? (If you live in California you have to raise one hand, but if you live on a fault line, you have to raise both.)
  2. How much equity you have in your home. If you have 20% equity or more, it’s time to start looking.
  3. If it’s it worth it for you. Some policies require you to pay a 15% deductable before you start rebuilding.

Deciding if earthquake insurance is right for your and your home requires a little math and personal assessment.

We’re here to help.

cappuccino-logo

 

Would You Be Covered For These 3 Auto Insurance Claims?

Auto insurance will cover a number of strange incidents while on the road.

Auto insurance is one of the most common insurance policies out there. From claims of fender benders to stolen vehicle claims, many people know the basics of what their policy will cover. However, your car insurance policy will also provide coverage for some strange issues. Keep these strange auto insurance claims in mind to see if you have the protection that you deserve.

  1. Three car pile up caused by a mattress – a couple forgot to tie down their mattress to the top of their vehicle before taking off. As they were driving down the freeway, the mattress came loose and landed in the middle of the road, causing a three car pile up. Unfortunately, the three affected drivers did not have uninsured motorist coverage, leaving them to cover the repairs on their own after the mattress owners left the scene.
  2. Hail insurance fail – after a heavy hail storm in the 1990s, one driver made a claim to their car insurance company for hail damage. After looking at the damage, and insurance adjuster found out that the damage was actually caused by a ball-peen hammer. After the claim for hail damage was denied, the owner of the vehicle then made a vandalism claim to their auto insurance policy for the ball-peen hammer damage.
  3. Shotgun rider – one man made a claim to his auto insurance company after his shotgun fell out of his hands and destroyed the entire cab of his truck. He didn’t know if the gun went off when it hit the ground or when his hand slipped while grabbing for the weapon. Luckily, his comprehensive coverage paid for the necessary repairs.

To ensure that you have the right Conejo Valley auto insurance policy to provide coverage for any incident that you may encounter, contact the independent insurance professionals at Cappuccino Insurance Agency in Westlake Village, California.

Do Retirees Need Life Insurance?

What everyone should know about life insurance before retiring.

The day that you retire should be one of the happiest days of your life. After working for many years, you finally have the time to enjoy the simpler things in life. However, before you reach your retirement, it is important to take the time to consider if you are financially ready to enjoy a slower lifestyle.

The main advantage of life insurance is being able to provide a tax-free inheritance for your heirs. That is not the only benefit, though. Life insurance can also offer almost interest-free loans that can help to create a tax-free income that you can use when you retire. You can also use your policy to help with extended living or assisted living costs if you invest in a permanent life insurance policy.

Even if you have a nice IRA or 401k to help pay for your retirement, you may still want to consider a separate life insurance policy. Most people underestimate how much money they will need when they retire, which can lead to serious financial hardships. Life insurance gives you access to tax-free money if you ever need it. As an added bonus, there are no complicated tax rules that you have to consider when you collect the money.

As long as you keep up with the premiums of your life insurance policy, you never have to worry about the policy being canceled. While other retirement funds may be at the mercy of the ever-changing economy, you can have the peace of mind that you deserve throughout your retirement with a life insurance policy.

For help finding the perfect Conejo Valley life insurance policy, contact Cappuccino Insurance Agency in Westlake Village, California. We will work with you to ensure your policy meets all of your needs, all at the right price to fit your budget.