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.

4 Reasons to Buy Home Insurance in Canby, OR

When you buy a home, it is probably the biggest purchase you’ve made to date. It is important to protect this purchase with home owner’s insurance. Whether it is necessary from your lender or even if you do not have a mortgage, you should still have home insurance. Below are four reasons that homeowners in the Canby, OR area should purchase home insurance.

Protect Your Assets

Having homeowner’s insurance will give you peace of mind that your home and everything in it is protected. While you never hope for anything bad to happen to your house or its belongings, it is smart to make sure that if that does happen, you are not left without anything.

Preserve Your Property

Home insurance in the Canby OR area will not only protect your home and what is in it but also the rest of your property. This includes your land and the rest of your yard and property that your home is on.

Shield Yourself from Other’s Damages

Having home insurance will even help protect you from the responsibility of accidents that others may have while on your property, too. For example, if a person injuries themselves while in your home or on your property, you would not be responsible for their injury with home insurance coverage.

Save Other Structures on Your Property

Lastly, home insurance will even cover other structures that are on your property. This means if you have a detached garage, shed, pool house, or other structure on your property, it’ll be covered.

Use Oliver Insurance for Home Insurance in Canby OR

If you are looking for coverage in the Canby, OR area, Oliver Insurance is there for your needs. Call us at 503-266-2715 or request a quote today.

Getting the Right Auto Insurance: What You Need to Know

If you live and work in the Canby, OR area, you probably do a lot of driving there, too. That means you need good auto insurance to protect your interests and those of other drivers when you’re on the road. At Oliver Insurance we can help you get the policy that’s right for your needs, so you can have peace of mind behind the wheel. Whether you’re taking weekend trips or just commuting to and from work, knowing you’re protected makes a difference. But you also don’t want to get insurance that doesn’t work for you, or that goes far beyond what you actually need for your situation. We can help you find a good balance.

The right vehicle policy is the one that works for you, and that covers you properly for the kind of vehicle you have and the driving you do. There are state minimum limits that have to be met with your insurance policy, but you don’t have to stop there. The level of coverage you choose and any additions you want to make to your policy are both areas where you might have questions. We’ll be happy to answer those questions, so you get quality information and can make an informed choice about the insurance coverage you want.

Contact us today at Oliver Insurance, by calling or stopping by. If you’re in the Canby, OR area we can help you get the auto insurance you need. We want you to understand your insurance options, and have all your questions answered. Then you’ll have the best chance of getting a quality policy that meets all your requirements. We can also help you update or change a policy you already have with us, or switch your policy over to our services. Don’t hesitate to ask us for the help you need.

How do I choose an auto insurance policy in Oregon?

Those that are in the Canby, OR area will likely find that they need to have a car in order to get around town. To ensure that you are properly protected, getting an auto insurance policy is a necessity. While there are some complexities that come with choosing auto insurance, there are several tips that can be followed that could help to make this easier and clearer for you in the future. 

Choose the Type of Coverage

The first tip to choosing an auto insurance policy in Oregon is to choose the type of policy. When you get auto insurance, you are only required by law to carry liability insurance. However, if you would like to be able to replace your vehicle with insurance proceeds after theft or an accident, you will want to upgrade to a full collision and comprehensive insurance policy. 

Consider Deductible Level

Whenever you file an insurance claim, the insurance company will first require you to come out of pocket for your deductible. If you choose a high deductible auto insurance policy, your premiums won’t be as high. However, if you have to make a claim, you need to make sure that you have access to cash at least as much as your deductible. If you do not have this cash on hand, you should choose a lower deductible. 

Picking an auto insurance policy is a big choice for anyone in the Canby, OR area. To ensure that you are making the right choice, you should call Oliver Insurance. The team of insurance professionals at Oliver Insurance can answer any questions that you have about all of your options and needs. This will help you get into a great auto insurance policy based on your situation. 

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.