Is umbrella insurance something everyone should have

When many people hear the word umbrella insurance they are confused about what it is and if it is something that they should have in their insurance portfolio. Understanding exactly what umbrella insurance is and what it does is important to understanding if it is something that everyone should have. At Oliver Insurance in Canby, OR, the staff has many years of experience in umbrella insurance and are happy to share that knowledge with their customers. 

One insurance carrier uses a large umbrella in its logo. Imagine the protection that a large umbrella offers against inclement weather. This is the type of coverage that umbrella insurance offers to you and your assets. Umbrella insurance is excess liability insurance. It is not a policy that you can purchase alone, it can only be purchased if you already have a policy with liability coverage. Policies like home, auto or commercial insurance and benefit from the addition of an umbrella insurance policy. 

In the event that you are the defendant in legal action, you will have some protection from the liability portion of your primary policy. Most basic policies have rather basic liability limits as well. Given the size of many of the judgments that are reached these days, it may be that the liability limit on your policy is woefully inadequate and could leave you with a sizeable amount of money that you need to pay out of pocket. That is where umbrella insurance coverage comes in and covers the amount over and above the liability of the original policy up to your umbrella policy limit. Most umbrella policies are between one and five million dollars. 

To find out if umbrella insurance is right for you, give the office of Oliver Insurance in Canby, OR a call for an appointment or stop by to talk to the experienced staff. New and current customers are welcome. 

Commercial Insurance You Need for Your Online Business

Even if you are operating your business online in Canby, OR, you still need commercial insurance to protect it. Digital businesses, just like all businesses, are vulnerable to some type of risk. An agent at Oliver Insurance can help you find the right insurance for your business.

General Liability Insurance: You need a general liability insurance policy to be protected from a lawsuit for something you post on your website or social media account. It can also help protect your business from advertising or personal injury claims and covers legal fees and other costs. There are other types of liability insurance in Canby, OR that you may want to consider depending on what your online business offers. Errors and omissions insurance will help protect you against lawsuits if you make a mistake while offering your client your services. 

Business Owners Policy: If you are running your online business then you will also need some more protection than what you get from your homeowners’ insurance. If you have supplies or your inventory in your home then you may want to consider a business owner’s policy that combines general liability insurance with property insurance to cover the cost of replacing items.

Data Breach Insurance: Your online business can be hacked, your website can be down, or your customer data has the potential to be stolen. Data breach insurance can help you cover the costs it takes to recover from a data breach. It pays for things such as legal fees, public relations, and identity protection solutions to help restore the public’s trust in your online business. 

Workers Compensation Insurance: If you have hired employees for your online business, you want to have worker’s compensation coverage. Accidents can happen at any business and this way, you can be prepared if an employee gets injured on the job.

Contact Oliver Insurance to get a quote on commercial insurance.

Acing Your Life Insurance Physical

Before you can be covered by a term life insurance policy, you’re going to have to undergo a physical. Now, you want your physician to catch you on a good day, right? You don’t want to take your physical in the middle of fighting off the flu, or on a day when you’re really stressed, so here are some tips for putting your best foot forward at the physical:

  • Avoid nicotine and caffeine leading up to your physical. The concern here is that these will bump your blood pressure up a few BPM’s, and your physician will wind up thinking that you have high blood pressure when the truth is you just had a Monster energy drink this morning. So stay clean and stick to water on the day of the physical.
  • Work out after your physical. Skip the morning trip to the Canby, OR gym, and do your workout later. Again, this is going to affect your blood pressure. Take a walk to get your system going, but keep the running or weight lifting for later.
  • Let your physician know if you’re afraid of needles. Don’t try to play it tough. If you have an actual fear of needles, that’s going to affect your test results, so it’s better if they know upfront.
  • Be honest. You can’t trick a physical exam. Get enough sleep, drink plenty of water, and avoid any substances and you should do fine.

If you’re shopping for life insurance in Canby, OR, call Oliver Insurance and see what they can do for you. If you’ve been meaning to quit smoking or lose weight, life insurance discounts can be the perfect motivator.

What Types of Expenses Does Pet Insurance Cover

For many people, pets are like family members. Owning a pet comes with a lot of responsibility and can also come with lots of expenses. Between food, toys and accessories, you have a lot invested in your furry friend or friends. Pets also require medical care and much like people, regular exams can help to catch any issues early and are an important part of pet care. At Oliver Insurance in Canby, OR we offer pet insurance that can help you to provide for your pets.

Pet insurance is designed to cover the unexpected health issues that can arise with your pet. Like most human health insurance, policies usually don’t cover 100% and they also don’t usually cover routine exams and things like dental cleaning, which can be quite expensive. But, in the event of more catastrophic illnesses or accidents they can make the difference between affording to get the health care your pet needs and opting not to treat. Nobody really wants to be placed in that position.

Before you choose a particular policy make sure that it will provide the kinds of protection that you feel that you need.  Most policies won’t cover a pre-existing condition, congenital conditions, spaying and neutering, flea and tick treatments and ear cleaning. But if your pet gets hit by a car or develops cancer, you could find pet insurance to be a lifesaver. It is designed for these major events and not for routine care. You may be able to add a rider that will help with routine pet care. If this is something you want. Be sure to ask one of our agents about it. 

Caring for your pets can be a big expense and pet insurance can help. At Oliver Insurance in Canby, OR we are happy to discuss our pet policies with you and come up with the best option for your pet and your budget. Give our office a call or stop by for a no-obligation quote. 

Do I need motorcycle insurance in Canby?

For people that are in the Canby, OR area, a great way to spend a nice afternoon is to be out on the open road on their very own motorcycle. The good weather during the year can make this a great mode of transportation for anyone. If you are going to get a motorcycle, it is important to make sure that you have a good insurance policy in place. There are several reasons why someone in Canby needs to have motorcycle insurance at all times.

Required by Law

The first reason to get motorcycle insurance in Canby is that it is actually required by law. Similar to when you are operating a car, you are going to need to have motorcycle insurance in order to stay in compliance with the state’s minimum insurance requirements. The state will require that you carry liability insurance at all times.

Lender Requirements

Many people end up taking out a loan when they buy a motorcycle. If you took out a loan, you are going to need to have motorcycle insurance at all times. The lender will want to make sure that their collateral is as well protected as possible. To do this, they will require that you carry motorcycle insurance with collision and comprehensive coverage. 

There are clearly many reasons why it is a good idea to get motorcycle insurance in the Canby, OR area. When you are shopping for your next policy, you should speak to the team at Oliver Insurance. There are a lot of important decisions that need to be made when you are getting insurance for your motorcycle. To ensure that you make the right choice, Oliver Insurance will review your personal situation and help you to build a plan that is right for you. 

Preparing Your Boat for Spring

Spring is right around the corner, which means it’s time to start preparing your boat for the water. Even though you took all the proper steps to prepare your boat for winter storage in Canby, OR, there are still some preparations you’ll need to do before hitting the water. To help ensure your boat is safe and ready for the water, Oliver Insurance has gathered a few tips to prepare your boat for spring.

Check the Fluids

Winterizing your boat meant making sure the oil was full and the oil filter was clean, but unfortunately even while in storage, it’s possible for water, dirt or debris to get into the oil. If you notice a creamy consistency in the oil, it typically indicates water. Make sure to drain the oil and replace it with new, clean oil. This is also the ideal time to check and fill all other fluids, including the gas.

Inspect for Damages

There are a number of things that can cause damages to the boat while it’s in storage. For instance, rodents often find their way into storage units and cause damage to life jackets, upholstery, and wiring. Carefully inspect all areas of the boat, including the electrical wiring and safety gear, such as life jackets, to ensure there are no rips or tears and replace all damaged items before putting the boat in the water.

Wash the Boat

Not only do you want your boat to look its best while on the water, but dirt and dust can also find its way into the motor, so it’s important to thoroughly wash the boat (inside and out). Make sure to apply conditioner to the upholstery to prevent the risk of drying from the sun. If necessary, take the boat to the local marina to have the engine steam cleaned.

One of the most important things to do when preparing your boat for spring is to make sure your insurance policies are up-to-date. Remember to make a copy of the policies to keep on hand in the boat. If you have made any changes to your boat or have replaced your old boat with a new one, don’t forget to let your insurance provider know about the changes.

Residents of Canby, OR interested in learning more information about boat insurance or upgrading their policy should contact Oliver Insurance.

Does Umbrella Insurance Only Cover Liability?

The short answer to whether umbrella insurance only covers liability is, essentially, yes. This policy gives people the means to fight or settle complicated claims that quickly exceed the liability limits of the standard policy. If you live in Canby, OR, Oliver Insurance wants you to have all the facts before deciding if buying umbrella insurance is the right move for you. 

How Liability Works 

Standard insurance policies will cover liability. So in case you make a mistake on the road or you neglect to wipe up a spill at home, you’re not left with the resulting bills to be paid out-of-pocket. But if you look closely at the fine print, you’ll see that your liability coverage does not extend indefinitely. And if you only have $25,000 for bodily injury, it’s not hard to see how this can run out pretty quickly. 

Commercial Benefits 

Umbrella insurance is usually associated with its commercial benefits because most people will only sue a person or entity with enough assets. So a CEO who’s constantly making deals and breaking hearts may take out an umbrella policy to ensure they’re covered in case they need to fight a claim or settle it outside of court. But the reality is that individuals may be more at risk than they think. Just one incident can result in disastrous implications if the policyholder doesn’t have enough coverage. 

Contact Oliver Insurance 

Our staff is here to serve the people of Canby, OR, so they have all the protection they need. Just one lawsuit can end up lasting for months with expenses mounting with every passing day. If you want to learn more about the types of umbrella insurance and who they’re meant to cover, we can help you understand your options. 

Your LIfe Insurance Agent is a Valuable Resource

For people who live in Canby, OR and the surrounding area, having good insurance is very important. At Oliver insurance, you can get the right life insurance policy for your needs. One of the most important things to consider when you do that is to work with your life insurance agent. They can be a great resource for you to get the policy that’s going to be perfect for you. With the right policy, you won’t have to worry about protecting your family and loved ones if something should happen to you in the future.

Talk to Your Agent Frequently

Just like you should with your other insurance policies, you should talk to your agent regarding your life insurance. That way you can make sure you get the right option for your needs. Policy requirements and benefits can differ, and you’ll need to be aware of that. Also, keep in mind that life insurance needs change from time to time. If you have a change in your circumstances, you’ll need to make sure you work with your agent on any policy adjustments. That way you’ll be covered, and you can have plenty of peace of mind.

Reach Out to Get the Policy You Need

By talking to Oliver Insurance in Canby, OR, you can get the kind of life insurance policy you need to protect your family for the long term. No matter your age and income level, the protection of the people you care about should be one of the most important things to consider. That way you don’t have to worry about what will happen to them if something happens to you. Get in touch with us today, and let our agents help you find the life insurance policy that will protect the people you love.

3 Ways to Protect Your Inventory From Loss

Running a retail business can be overwhelming when you consider how many ways financial loss can affect your business. In Canby, OR, the agents at Oliver Insurance are available to provide you with tips on how to keep your company’s inventory safe and secure. Your inventory is the lifeblood of your business. It’s important that you understand how to protect it.

Install Security Cameras

Install security cameras throughout your store as well as your stockroom. This will allow you to keep tabs on your inventory whether your business is opened or closed. Security cameras will give you "eyes on" your business so that you can identify potential threats and notify the authorities if the need arises.

Inventory Your Stock 

Keep an accurate inventory. If your business is small enough, you can take inventory ever six months. Larger businesses sometimes do an annual inventory and use POS technology to keep track of when items are sold. Keeping an up-to-date inventory is the best way to keep track of your sales, as well as your profit.

Have the Right Insurance in Place

Financial loss may still occur no matter how hard you try to protect it. Having the right type of insurance in place will help you recover from a devastating financial loss if your inventory is damaged, destroyed, or stolen. 

Business owners in Canby, OR can schedule a consultation with the agents of Oliver Insurance. By reviewing their existing policy and discussing what options are available, you can get the policy you need to protect your inventory and keep your business financially secure. Don’t put your business at risk! Call and talk to an agent today!

 

Protect Your Pet and Your Wallet with Pet Insurance

Pets are a part of our families, and no one understands that more than the team at Oliver Insurance! We know how important these furry friends are and that’s why we are proud to offer pet insurance to the greater Canby, OR community. Owning a pet brings a lot of joy and love into your life, but it is also a lot of responsibility. When you have pet insurance you can rest assured that the financial impact of a covered pet accident or illness will be minimized. Find out more about how pet insurance can help your entire family, including the four-legged members!

Benefits of Having Pet Insurance

Regular veterinarian care can be expensive enough, but when you add an illness, accident, or medical condition to your pet’s care the cost can become exorbitant. Treating a pet for a serious ailment can become quite expensive and stressful. Why not enjoy the peace of mind that comes with knowing that your pet’s care will be protected with a pet insurance policy? In addition to a number of routine procedures, a pet policy can cover major accidents and illnesses.  While some conditions may not be covered, it makes sense to have the protection that can help the decision to pursue care for your pet a lot easier. Seeing your pet suffer is difficult enough, there’s no reason to add financial stress to the situation as well! Our team is here to review all the available options for your pet protection.

If you are a pet owner in the greater Canby, OR area, the team at Oliver Insurance is here help you find the pet policy that is right for your needs. Contact us today and let’s talk about your options for comprehensive pet coverage!