What to Know About Workers Comp Insurance

Posted on June 28, 2024June 27, 2024 by admin

Understanding Workers Comp Insurance

Workers comp insurance might be a prerequisite if you own a business in the Santa Clarita, CA area. At QuoteBroker Insurance Services, we’re here to guide you toward the coverage you’re aiming for while ensuring you have peace of mind. We’re here to address your queries, enabling you to make an informed decision when selecting a policy. Not all businesses require this type of insurance, so determining if it’s mandatory for you is the initial step.

A workers comp policy is designed to safeguard your employees and cover their expenses should they get injured on the job. If your business lacks employees or doesn’t involve physical labor, you might not require this type of insurance. However, larger firms and those mandating manual or physical labor generally need ample coverage. The policy isn’t just beneficial for the employees but also ensures the safety of your business.

The most effective way to ascertain whether you require this protection and learn about the options it provides is to collaborate with a devoted and trusted insurance agent. We can clarify your uncertainties about different types of insurance and provide quotes from several insurers. This approach allows you to evaluate your options and choose the one that aligns with your needs and objectives. Furthermore, you may need to adjust as your company evolves.

If you’re in the Santa Clarita, CA area and searching for more information on workers comp insurance, contact us today at QuoteBroker Insurance Services. We’re here to help you pick the right policy and feel confident about the coverage provided to your business and employees.

Umbrella Insurance: FAQs

Posted on May 29, 2024May 29, 2024 by admin

Umbrella insurance remains one of the most underestimated types of insurance. However, in reality, it is one of the most beneficial insurances. The mission of umbrella insurance is to kick in and cover a policyholder after they have exhausted the limits of other policies they have. If you are thinking about getting an umbrella insurance policy, look through the answers to the most common questions first.

1. What is exactly covered by umbrella insurance?

Umbrella insurance covers various problems, including property damage to others, body injury to others, legal costs in case of a lawsuit, and others.

2. Is umbrella insurance expensive?

No, umbrella insurance is one of the most affordable types of insurance. For example, a policy with a $1,000,000 coverage may cost no more than $500 per year. It is around 80 cents a day. In other words, you can buy yourself peace of mind for only a few cents daily.

3. Will an umbrella policy cover all family members?

It may extend to other family members, including a spouse and children. However, certain exclusions may apply. It is important to read the policy first and ask an insurance agent or insurance company your questions before signing the agreement.

Umbrella insurance is an excellent tool for getting additional protection if something happens. If you are considering getting insurance in Santa Clarita, CA, QuoteBroker Insurance Services is the local company that will gladly help you find the policy you need and live. If you have any questions, feel free to reach out to us. You can give us a call or visit our website for more information.

Seen Your Doctor Lately? Make Sure You Still Have One

Posted on April 29, 2024April 29, 2024 by admin

The typical view of "seeing the doctor" is that you do it at least once a year for an annual checkup. But not everyone follows this timetable; many don’t see a doctor for years. This can have a consequence that many people don’t realize is possible: Their old doctor may no longer be their doctor, and they may not be able to see that doctor anymore. QuoteBroker Insurance Services in Santa Clarita, CA, wants you to be aware of this if it’s been a while since you’ve had a doctor’s appointment.

Time Limits to Keep Patient Numbers Reasonable

When you have a doctor you see regularly, you’re considered to be one of that doctor’s current patients not only by the doctor but also by any administrative staff, as well as by your insurance, if you have that. However, doctors can see only so many patients before their schedule becomes so full that patients have to wait weeks to get an appointment.

Many doctors have time limits on when they’ll consider someone to be a current patient. If you go too long without seeing the doctor (e.g., three years with no appointments), you could be "kicked off" their roster of patients. You’d have to re-establish yourself as a new patient for that doctor, but if they aren’t accepting new patients at that time, then you may find you’re not able to see them again. And finding a new doctor now can be difficult.

Reasons for not seeing a doctor for so long range from just feeling great and not thinking you need to go to not having insurance and not being able to afford the fees for the appointment. QuoteBroker Insurance Services in Santa Clarita, CA, can help you find a policy that makes seeing your doctor financially feasible.

Reasons to Consider Roadside Assist Auto Coverage

Posted on March 29, 2024March 25, 2024 by admin

California and Mandatory Auto Liability Coverage

While auto liability coverage is obligatory in California, the option for additional protective layers, such as roadside assistance, remains on the table. Ideal for regular or long-distance drivers, roadside assistance can be a lifesaver during unplanned vehicle breakdowns. Understand this critical component of auto insurance coverage with QuoteBroker Insurance Services in Santa Clarita, CA.

The Cover Extended by Roadside Assist

Roadside assist hosts a slew of services aimed at aiding recovery from road breakdowns. The coverage varies, so checking its benefits with your current insurer is critical. In general terms, roadside assist typically includes:

Towing services in case your vehicle is not drivable due to an accident or breakdown.
Jump-start services
Flat tire changes
Fuel delivery when you run out of gas
Lockout services help you regain access to your vehicle if you misplace your keys or lock them in.
Extrication services to pull your vehicle out of a ditch or any other tight spot near a public road.

Why Choose Roadside Assist?

Can you imagine being stranded far away due to an unexpected breakdown and lack of necessary assistance? Roadside assist provides the peace of mind of having help when you need it most. With roadside assistance, you can’t necessarily predict when your car will encounter problems. Still, you can be prepared by having coverage to pay for basic necessities, which will help you get back safely on the road.

Ready for Roadside Assistance?

Is roadside assistance the missing piece in your auto policy? Contact QuoteBroker Insurance Services in Santa Clarita, CA, today, and we will help you add this beneficial coverage.

Do You Need Errors & Omissions Insurance?

Posted on February 29, 2024February 20, 2024 by admin

Some of the most important insurance coverage for small business owners is a kind of policy many small business owners don’t know anything about.

It’s errors and omissions insurance. At QuoteBroker Insurance Services, serving Santa Clarita, CA, we ensure all our business clients know about it.

What Is Errors & Omissions Insurance?

Errors and omissions insurance protects your business from claims for negligence, mistakes, or inadequate work. It also covers when you are accused of inaccurate advice, dishonest advertising, or failure to act in good faith.

If you are a small business owner in California, you know you can be sued anytime for almost any reason. You don’t have to have made an error or an omission to be sued for errors and omissions!

Even if you win your case, you have to pay your legal fees. Errors and omissions insurance covers your legal fees and allows you to avoid making a settlement just because you don’t have the cash to pay your lawyer.

What Kinds of Small Businesses Need Errors & Omissions Insurance?

QuoteBroker Insurance Services often writes errors and omissions policies for:

Certified public accountants.
Realtors.
Bookkeepers and tax preparers.
Graphic artists.
Website designers.
Interior decorators.
Photographers.
Marketing consultants.

Insurance agents also carry errors and omissions insurance. How much coverage you need depends on the price of the services you provide.

The State of California Does Not Require Errors & Omissions Insurance, But Your Customers Might

There is no state or federal requirement for small businesses to carry errors and omissions insurance. But your clients may want you to carry it.

Errors and omissions policies usually have a retroactive date. They cover you 30 or 60 days before you buy the policy. So, if you need coverage, come into QuoteBroker Insurance Services to get your policy today! We are convenient to everyone in the Santa Clarita, CA, area.

Why You Should File Your Worker’s Compensation Claim Quickly

Posted on January 22, 2024January 25, 2024 by admin

Worker’s compensation insurance is essential for all companies operating in Santa Clarita, CA. How you use it is as essential as getting it to protect the interests of your companies and your workers. When you need to make a claim, QuoteBroker Insurance Services will be there for you to help you with the particulars.

Making the Most of your Worker’s Compensation Insurance

No one wants to see their employees hurt on the job. Unfortunately, mishaps are a common occurrence. While your employees have an obligation to report their work accidents as soon as possible, you also must report them promptly to your insurance company.m Avoiding the task can put your policy at risk and protect you and your employees in multiple ways; avoiding the task leaves your business open to unnecessary risk. Bear in mind that your policy is there to protect you and not cause problems.

The Benefits of Prompt Accident Reporting

Some industries, such as the construction trades, have frequent accidents, both minor and major, that must be reported. The tendency is to overlook minor incidents, thinking the employee’s health insurance will solve the problem. However, if it occurs at work, you’re responsible. Consider the following benefits for prompt reporting:

Employees get the prompt medical attention they require
Reduces the cost of the claim
Keeps employees happy and boosts morale
Reduces the chance of violating state law
Avoids state penalties and fees for late filing

No one wants to endure an injury, least of all someone who sustains one on the job. Worker’s compensation insurance is available to help keep everyone healthy. Ask the agents at QuoteBroker Insurance Services, serving Santa Clarita, CA, how to get an economical policy that serves the needs of your industry and its employees.

Get More Liability Protection With Umbrella Insurance

Posted on December 21, 2023January 1, 2024 by admin

Do you have all of the liability coverage that you need? Chances are that you don’t. Many people get the minimum amount of liability coverage in their home and auto policies because it can be so expensive to add more to both policies. However, there’s another way to add more liability coverage to these policies. You can do that with an umbrella insurance policy.

To get one of these policies for your own protection, call us at QuoteBroker Insurance Services in Santa Clarita, CA.

Get Better Liability Coverage

With better liability coverage, you are better protected against huge medical bills and many lawsuits. It’s important to have this extra liability coverage in case a serious accident happens that comes with a lot of medical bills. Medical costs are always going up, and it can be extremely expensive to pay for someone else’s medical bills. It can leave you in financial shambles. That’s why you need more liability coverage just in case.

How It Works

Both your home and auto policies have different types of coverage in them, and one of these is liability coverage. When there’s a serious accident, and your home or auto policy maxes out when paying the medical bills, this can leave an overage. That overage would be yours to pay. However, if you had umbrella insurance this policy would come in after the home and auto policies and pay that overage. Umbrella policies have very high maximum payouts so that all of the overages can be paid. Despite the high amount of coverage in them, umbrella policies are very inexpensive.

Get An Umbrella Policy

It’s important to have as much liability insurance as you can. It’s essential coverage that can save you financially. To be protected by an umbrella policy, call us at QuoteBroker Insurance Services in Santa Clarita, CA.

Decoding Health Insurance Jargon: A Layman’s Guide

Posted on November 17, 2023December 1, 2023 by admin

Navigating the realm of health insurance can feel like deciphering a complex language. Understanding the jargon is vital for making informed decisions about your healthcare coverage. Let QuoteBroker Insurance Services, serving the greater Santa Clarita, CA area, demystify some common health insurance terms, making it easier for you to comprehend your policy.

Decoding Health Insurance

Premium: Your Membership Fee

The premium is the amount you pay for your health insurance coverage. It’s typically a monthly fee, and paying it ensures that your policy remains active.

Deductible: Your Initial Financial Responsibility

The deductible is the amount you must pay out of pocket for covered services before your insurance kicks in. For example, if your deductible is $1,000, you’ll cover that amount before your insurer starts sharing the costs.

Co-Payment (Co-Pay): Your Share of Service Costs

A co-payment is a fixed amount you pay for a covered service, usually due at the time of service. For instance, your plan might require a $20 co-pay for each doctor’s visit.

Co-Insurance: Sharing Costs with Your Insurer

Co-insurance is the percentage of costs you share with your insurance company after you’ve met your deductible. If your plan has 20% co-insurance, you’ll pay 20% of covered expenses, and your insurer covers the rest.

Out-of-Pocket Maximum: Your Cost Limit

The out-of-pocket maximum is the most you’ll have to pay for covered services in a plan year. Once you reach this limit, your insurance covers all remaining costs.

Have Questions? Consult With Us

Understanding these fundamental terms empowers you to make informed choices about your health coverage. If ever in doubt, don’t hesitate to reach out to QuoteBroker Insurance Services, serving Santa Clarita, CA for clarification. Call us today with questions or to purchase a new policy.

Does auto insurance cover my injuries too?

Posted on October 20, 2023October 30, 2023 by admin

Many Santa Clarita, CA drivers choose to carry only the minimum amount of auto insurance coverage in an effort to save money. Some of them don’t realize how limited minimal insurance actually is.

Liability Coverage

If you only carry basic liability insurance, you are basically protecting anyone you might injure during an accident. If you are found to be at fault in an auto accident, your insurance will pay for the victim’s damages and medical bills up to your policy limits.

Your own injuries will not be covered unless you have additional coverage. Your own passengers are not usually covered under your liability policy. At QuoteBroker Insurance Services, we can help you find coverage to protect yourself too.

Protecting Yourself and Your Passengers

There are several options for paying your own medical bills in an accident. If you are not at fault, or if you were only partially at fault, the other driver’s insurance may pay for all or part of your bills.

Sometimes your own insurance will pay for your medical bills, but there are also times when your personal health insurance will argue that it is not responsible for certain injuries sustained as part of an auto accident.

Med Pay or Medical Payments Coverage is a special kind of insurance you can purchase that will pay medical bills and funeral expenses for you and your passengers. This special coverage can also be used if you or your family member is an injured passenger in someone else’s car or a pedestrian.

We Are Here To Help

Santa Clarita, CA drivers have a lot of options. After you decide what kind of coverage you want, you can choose your level of coverage and deductible. If you have any questions or would like to discuss your policy, please call QuoteBroker Insurance Services today.

Four things you might not realize about commercial insurance

Posted on September 22, 2023October 2, 2023 by admin

At QuoteBroker Insurance Services, we provide commercial insurance to business owners in Valencia, CA. If you own a business, it’s essential for you to meet your commercial insurance needs.

A lot of business owners don’t realize how important it is to carry commercial insurance.

Here are four things you might not realize about commercial insurance:

Commercial insurance is not always optional.

Commercial insurance is not always optional; it’s often legally required. For instance, workers’ compensation insurance is mandated in many states, and lenders may require property insurance. Non-compliance can lead to legal penalties or the denial of financing.

All commercial insurance providers are not the same.

Not all commercial insurance providers are the same. They vary in terms of coverage options, customer service, pricing, and industry expertise.

Choosing the right provider is crucial as it impacts your business’s financial protection. Careful research and consideration of your specific business needs are essential to finding an insurer that can tailor a policy to your requirements and provide the support your business deserves.

Business owners have a lot of choices when it comes to commercial insurance.

Business owners face numerous choices when crafting a commercial insurance policy that suits their company’s unique requirements. These decisions encompass coverage types, limits, deductibles, and endorsements, ensuring the policy aligns precisely with the business’s operations, risks, and budget constraints.

Carrying commercial insurance can benefit your employees.

Commercial insurance benefits a company’s employees by providing workers’ compensation coverage. This ensures that if employees are injured or fall ill on the job, they receive medical care and financial support, promoting their well-being and job security.

Reach Out To Us

Learn more about commercial insurance in Valencia, CA by giving us a call at QuoteBroker Insurance Services. Get in touch with us for a quote on a commercial insurance policy.

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