7 Tricky Terms to Know When Getting Auto Insurance

Do you know much about automobile insurance? Whether you’re getting auto insurance for the first time or simply haven’t had much experience, there are terms that you’re bound not to know. Oliver Insurance of the Canby, OR area can help break these down further for you.

Deductible

This refers to the amount you’re expected to pay out-of-pocket when you have damages. You pay this before you get reimbursement from your insurance company. The higher your deductible, the lower you’ll pay for your premium.

Premium

This is the amount you’ll pay for the right to have coverage under their policy. Usually, you decide if you want to make the payments on a monthly, quarterly, or 6-month basis.

Liability Limits

Even though you may have auto insurance, you don’t just get any amount you wish. The policy has a set limit on what it pays out for injuries and damages. It’s possible to raise your limits but this also raises your premiums.

At Fault

At-fault refers to the individual (or several people) who are determined to be at fault for an accident. Typically, the person who is at fault (or their insurance company) will be required to pay most of the damages to each vehicle that was involved.

Rider

This is also known by the term "endorsement". It refers to a written agreement that’s included with the basic insurance policy allowing for the number of benefits under the policy to increase or decrease.

Liability Coverage

This covers injuries and property damage to another party when you are deemed to be at fault. It’s required by each state in one form or another.

Comprehensive Coverage

Though it’s sometimes called "full coverage", comprehensive is not actually full coverage. It covers damages that occur to your automobile from collisions and outside elements such as vandalism, theft, hail, fire, flood, and wind.

There’s a great deal more to learn when it comes to auto insurance. Fortunately, you have quality assistance on your side with Oliver Insurance of Canby, OR and beyond. Reach out to us with your questions.

A Thorough Overview Of What Pet Insurance Entails

Oliver Insurance Serves the Canby, OR community, as well as the surrounding areas, by offering multiple types of insurance coverage. We are proud to help our clients find policies that will enable them to live a comfortable lifestyle. As an independent agency, we will go the extra mile to make sure that you receive the coverage that you are looking for.

Pet Insurance

If you are one of the millions of people across the country who own a pet, pet insurance will cover their care. Maintaining a proper treatment schedule for your pet can be overwhelming at times. However, pet insurance will help alleviate some of the stress associated with taking care of your pet. The policy covers your pet’s care if they are seriously injured. Your pet is covered if they have to spend time in the hospital. The policy also covers preventative care such as your pet’s routine trips to the veterinarian, their dental work, and their vaccinations.

You have the option to choose the veterinarian that you believe will administer the right treatment to your pet. You don’t have to worry about choosing a physician through a network. Keep in mind that some policies are different. If you have a unique pet that is different from a traditional cat or dog, you will need a different type of policy. It’s hard to predict the future. If your pet isn’t feeling well and a trip to the veterinarian reveals a serious ailment, pet insurance will cover you. You may be able to add a rider to your policy to help your pet receive the care that they need.

Oliver Insurance Will Help You Take Care Of Your Pet

Visit our website today to learn more information about pet insurance. We proudly serve the Canby, OR community.

Which water activities are covered by boat insurance

There is so much you can do in water, whether for recreation or commercial. Boat owners in Canby, OR have the advantage of using large water bodies to engage in exciting water activities or make money through fishing, ferrying, and other water activities. However, with fun comes accidents that could leave you bankrupt. That is why Oliver Insurance recommends buying insurance to protect yourself financially while in the water. So which water activities are covered by your boat insurance? Read on to find out.

Most policies cover water sports activities.

Water sports are on the rise, which is probably why many people are buying boats. Fortunately, water sports are covered by boat insurance. Whether you enjoy skiing or wakeboarding, boat insurance has got you covered. Most water sports activities come with restrictions, as most of them are deemed dangerous. Having enough liability may be the best way to protect yourself from financial losses if a third party is injured and decides to sue you.

Boat insurance is competitive and comprehensive.

There will always be coverage for every danger or peril under the sun. Most coverages are customizable to fit your needs as a water sports person.  With sports, anything can happen, and insurers are always keen to ensure that all accidents are included to protect boat owners.

Some sports are more dangerous than others.

Whether you are an experienced boater or not, accidents can happen. You may want to argue that you are safe and too good at skiing that you cannot make a mistake, but the truth is that you never know. It is always advisable to take as many precautions as possible to stay safe.

Buying a boat in Canby, OR? Don’t worry about your insurance because  Oliver Insurance is here to take you through the journey and help you find a policy that fits your bill and style. Call us today!

Three questions to ask when you’re purchasing motorcycle insurance in Oregon

Purchasing motorcycle insurance is among your most important responsibilities as a motorcyclist in Oregon. If you are on the market for motorcycle insurance in Oregon, we can assist you at Oliver Insurance. 

The following are three questions Oregon motorists should ask before purchasing motorcycle insurance coverage in Canby, OR.

What are the motorcycle insurance requirements in Oregon?

When it comes to liability coverage, motorcyclists are expected to meet some minimum coverage requirements in Oregon. 

Motorcyclists need to carry at least $25,000 in coverage for bodily injury coverage per person in each accident. They also need to carry $50,000 in total bodily injury coverage per accident.

In terms of property damage coverage, Oregon motorcyclists are expected to carry $20,000 in coverage.

Should I purchase collision and comprehensive coverage?

It’s always a good idea to purchase collisions and comprehensive coverage. These types of coverage aren’t required by state law in Oregon. However, they ensure that you’ll be compensated for damage to your own bike if you get into a motorcycle accident. 

How much does motorcycle insurance cost in Oregon?

It’s good to have a general idea of how much motorcycle insurance typically costs in your state. This can help you to evaluate different quotes you’re offered by motorcycle insurance providers you’re interested in buying from.

For motorcyclists in Oregon, the average premium on a policy is $652. If you’re offered a premium at or below this amount, you’re getting a pretty good offer when it comes to motorcycle insurance in Oregon. 

Are you ready to find the right motorcycle insurance policy to meet your needs? We’re standing by to offer assistance to motorists in Canby, OR. Contact us at Oliver Insurance with your motorcycle insurance inquiries and questions. 

Am I Too Young for Life Insurance?

Many Canby, OR residents in their 20’s-30’s may be a long way from considering getting life insurance. However, it’s never too early to start considering a life insurance policy, even if you are young. Many young people are more than likely unfamiliar with the in’s and out’s of life insurance, what it covers, and what types of coverage there are. You can learn all about life insurance with the experts at Oliver Insurance. 

What Types of Life Insurance Are There? 

Essentially, life insurance provides financial relief in the event that you die before your policy is over. With so many different life insurance options out there, it can be hard to know which is best for you. Here are some of the different types of life insurance: 

  • Term Whole Life 
  • Whole Life
  • Universal Life
  • Variable Life
  • Simplified Issue Life 
  • Guaranteed Issue Life
  • Group Life 

These are some of the more common types of life insurance. The kind you choose will be the kind that is most applicable to your situation. If you don’t have a family, then you probably wouldn’t want to choose group life insurance. If you’re young, you probably wouldn’t want whole term life insurance. To find the right life insurance coverage for you, visit Oliver Insurance. 

When Should I Get Life Insurance? 

You are never too young to have life insurance. In most states, you are legally required to have a minimal amount of life insurance when you are around 25 years of age. Even if you are young, you should still have minimum coverage since life can be unpredictable. Even if you don’t have a family of your own, you still have friends, family members, and other people who would be impacted by your passing. 

Stay Protected with Oliver Insurance. 

When it’s time to choose a life insurance policy, visit Oliver Insurance to find the right coverage for you. Our office serves the Canby, OR area. 

How can umbrella insurance protect me in Canby

One very important form of insurance that all people in the Canby OR area need to have is personal liability protection. Personal liability coverage can come in a variety of forms, which can include getting it through an auto policy or home insurance policy. For some people in this area, getting an additional policy can be helpful. By getting an umbrella insurance policy here, you can be protected in several ways.

Gives Additional Protection to an Individual

One great way that this insurance can protect you is by providing you with additional insurance protection. Anyone that is looking to get insurance for liability protection will start by getting home and auto policies. However, if you want the most coverage possible, upgrading your plan to include umbrella coverage is a good idea. With this coverage, you will have additional protection that can help if there is ever a bad accident.

Gives Coverage for More Risks

A lot of people also choose to get umbrella coverage as it is more all-inclusive when it comes to providing coverage. With a home or auto policy, you can get great coverage, but it does not include protection for anything that could result in a personal liability claim. With umbrella protection, you will get the additional coverage that you need to receive support. 

Those that want umbrella coverage in the Canby, OR area need to spend time carefully assessing their risks and picking a policy. Since there are plenty of complexities that come with this process, speaking with the team at Oliver Insurance could be helpful. The insurance professionals at Oliver Insurance can help anyone learn more about their insurance options. They can then help you assess your personal risks and choose a policy that mitigates liability risks as well as possible. 

Wildfire Impact & Important Information

For those of us in the Pacific Northwest, times have been challenging to say the least. In conjunction with our insurance carriers, our Oliver Insurance team is ready to support and help our clients recover during this time.

If you have not done so, setting up your online customer account will give you 24/7 access to your policies, coverage and more. If you are suddenly displaced, access to your insurance information online can help you immensely during a crisis. Follow the link to enroll in the Client Center Login portal. REGISTER HERE

FAQ’s


1. If I had to leave my residence, are temporary housing costs covered? YES, if you live in a level 3 evacuation zone only. You will be reimbursed for these costs, so always keep your receipts. (this includes renter’s policies, but coverage amounts may differ)
2. When should I file my claim? Due to the ongoing nature of the wildfires, most insurance carriers have requested clients wait until the situation has become less urgent to start their claim process.
3. I know my policy covers fire in my dwelling, does that also include “Wildfire”? YES, coverage applies in wildfire situations.
4. How long will the claims process take? We are advising our clients due to the sheer number of people impacted by the fires in Washington, Oregon, California, Idaho and Montana, that the process will likely take longer than normal.

Additional resources

U-Haul is Offering Free Storage for Evacuees of the Fires in Oregon and Washington Learn More HERE

Find A Shelter

Catastrophe Preparation Guidance

Air Quality Where You Live

Unfortunately, no words can erase the pain for those who have lost homes, property, pets and memories. Our hearts go out to you. We will be here for you as you look toward rebuilding. Please take care, stay safe as possible and do not hesitate to contact our office with questions.

Sincerely,

The Oliver Insurance Team

A Look At Different Types Of Commercial Insurance Policies That Small Businesses Should Research

Based in Canby, OR, Oliver Insurance strives to help the community find the insurance coverage that they need. We are committed to providing excellent customer service. As an independent agency, we take time to examine our client’s situation in order to help them find a policy that fits their specified needs.

Commercial Insurance

Canby, OR is home to several thriving businesses that have helped stimulate the economy. Commercial insurance allows businesses to continue growing. The policy reduces some of the potential risks that you may be exposed to while running your business.

Business Liability Coverage

Business Liability Coverage allows you to protect your business in the event that a situation arises in which you may be held liable. Identity theft coverage protects your business in the event that there are allegations of fraud. You can also add coverage to protect any of your business’s executive officers against potential allegations.

Workers’ Compensation

Workers’ compensation allows you to take care of your employees in the event of an accident. The policy allows you to protect the interests of your employees, which should improve morale.

Property Coverage

Commercial property coverage allows you to protect your most important assets in the event that they are damaged or vandalized. The policy helps secure the long term future of your business.

Auto Coverage

If a major part of your business involves transportation, it’s important that you have coverage. The commercial auto policy will protect your vehicles in the event that they are damaged as a result of an accident. You can add liability coverage to your vehicles as well.

Oliver Insurance Will Simplify The Process

Figuring out the type of commercial coverage that you need is a complicated process. Stop by our office in Canby, OR and we will help you.

Tips for successful home insurance claim

Our homes make us feel safe. It is where we rest and take time to bond with our loved ones. That’s why we protect it with a home insurance policy, hoping never to make an insurance claim. However, due to unforeseen circumstances or simply bad luck, accidents happen, and we end up running to find our policy documents to see whether they will be helpful. Unfortunately, many Canby, OR residents don’t know how to file a home insurance claim.

At Oliver Insurance, we help take you through all the steps and ensure you are fully compensated in any covered claim. Here are a few tips to help out.

Act quickly

In the event of an accident like fire, your speed matters a lot. How fast you report and provide all the information required by your insurer determines how quickly your claim will be resolved. If it were a burglary, you would need to report the incident to the police and present this information to your insurer.

Don’t tamper with anything that would invalidate your claim

Making a home insurance claim is not something we are used to, which means we are unfamiliar with the process. However, like any other claim, it is essential to understand that tampering with evidence can lead to losses on your end. If there was a fire, don’t touch things until your insurer allows you to.

For larger claims, an adjuster will be sent to you

For larger claims, your insurance provider will have to take full control of the situation as there will be investigations to be conducted. Your insurer will probably need to send an insurance adjuster who will determine what will be replaced and what will be repaired.

Remember, honesty is the best policy. So, don’t exaggerate the value of your claim. Being dishonest can easily land you into trouble, and you may end up not getting any compensation at all. Need more information about home insurance in Canby, OR? Let Oliver insurance guide you. Our insurance experts will be on standby to offer any help you may need. Contact us today.

Covid19-Update 8.26.2020:

Our office has reopened to the public.

Masks, Face Shields, Face Coverings are required.

Everyone five (5) years of age and older is required to wear a mask, face shield or face covering at this location. If you do not have a mask, we have free disposable masks available for your convenience.

There are no exemptions, but individuals can request an accommodation to enable full & equal access to our services. Children between two (2) and five (5) years of age are strongly encouraged to wear a mask, face shield or face covering.

To request an accommodation, please contact our office at 503-266-2715.