From the category archives: Blog

6 Reasons To Consider Earthquake Insurance

Written by on 4/15/2015 3:04 AM . It has 0 Comments.

The 1994 Northridge earthquake was one of the costliest natural disasters in U.S history and it almost wiped out one of the nation’s largest insurance companies. It also served as a wake-up call for the state of California, as shortly thereafter, insurers that sell residential policies were required to also offer earthquake insurance. California definitely tops the list of earthquake danger zones, so here are six reasons why you should consider buying earthquake insurance. No conventional home or renters policy covers direct damage from earth movement, so you’ll need to purchase a separate earthquake policy to ensure you’re protected against the next “big one.” Earthquake insurance is not be as expensive as you think. The assumption is that earthquake insurance is cost prohibitive, but that is not always the case. There are a number of different factors that influence the price, so it’s smart for you to learn more about the many available options. It&rsquo ...

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Protection For The Finer Things In Life

Written by on 11/9/2014 3:55 PM . It has 0 Comments.

Standard homeowners, condominium or renters insurance policies include a limited amount of coverage for jewelry and other valuable items. However, many policies limit the dollar amount of coverage for the theft or loss due to a covered peril of such items. To properly protect certain types of valuables, additional coverage is available through a policy endorsement. Endorsements are additions to your homeowners, condominium or renters insurance policy that change or add to the policy’s provisions. The endorsement can cover property otherwise excluded from a basic homeowners insurance policy, extend the number of perils included, or increase the amount paid for a covered loss. The items of value are “scheduled” on a list that includes a brief description and the item’s dollar value. In order to determine each item’s value, an appraisal or sales receipt is typically required. This will help ensure that, in the event of a covered loss, the amount of insurance is enough to cover the ...

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9 Tips For Handling Water Damage

Written by on 10/21/2014 6:15 PM . It has 1 Comments.

Picture this: You’re returning home from a wonderful weekend getaway and open the door to your home to find that your entire kitchen and living room are covered in water!... In the blink of an eye, all the joy and relaxation from the vacation vanishes and is instantly replaced with pure panic and frustration.  Don’t worry, should you ever find yourself in this situation, here are a few tips to help you assess the situation, mitigate the problem and restore everything back to normal… First and foremost, try to determine the source of the water and shut off the water valve. If possible, remove the standing water that you can see by sponging or blotting. Pick up and remove saturated rugs from floors. Stay out of rooms where ceilings are sagging from retained water. Place aluminum, saucers or blocks between furniture legs and wet carpet. Do not operate electrical appliances while in contact with wet flooring/surfaces. Do not leave fabrics, magazines, ...

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Quarterly Grand Prize Referral Winner - GoPro HERO3!

Written by on 7/14/2014 8:31 PM . It has 1 Comments.

Mike ZCongrats to Mike Zepeda for winning the quarterly grand prize referral contest!

Mike won a brand new GoPro HERO3 camera - valued at $200!

A big thanks to Mike for referring his friends and family to our agency for their insurance needs.  We build our business on your kind words and trust in us, so referring friends, family and colleagues is one of the biggest compliments we can get.

2014 Referral Rewards Program

What The Remodeling Process Means To Your Insurance

Written by on 4/30/2014 6:15 PM . It has 0 Comments.

If you plan to remodel your home, make sure that the house, the contractor and the subcontractors have adequate insurance coverage. Don't make the mistake of waiting until an addition or extra room is completed to increase the insurance coverage on the structure of your home. If the new addition is destroyed or damaged before insurance coverage has been increased, you may be responsible for the cost of repairing or rebuilding the addition. Be sure to contact our office before, or shortly after, construction begins in order to increase the insurance coverage on your house to an amount that reflects the higher value of the rebuilt structure. When hiring a general contractor, find out if the contractor has workers compensation and ask to see a copy of the policy. Workers compensation pays for medical and rehabilitation expenses and covers lost wages if the workers sustain injuries on the job. Injured workers may sue you if the contractor does not have proper insurance. In most home improvement projects, the ...

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Is Your Dog On The "No-Fly" List?

Written by on 10/9/2013 3:22 AM . It has 0 Comments.

Is your dog on the "no-fly" list? With $479,000,000 paid out last year by the insurance industry for dog-bite claims, the breed of dog you own is coming under serious scrutiny when it comes to your insurance. This is especially true when you apply for new homeowners or renters insurance. This isn't to say that every dog that is a particular breed will bite someone, but from the perspective of the insurance company, the odds aren't worth it. The average claim paid is close to $30,000. (And can be much higher if children suffer facial injuries). Pay attention to the application--there is often a specific question as to the dog you own--its breed and weight. Don't fudge the answer, as a material misrepresentation could mean that the insurance company denies coverage for a claim when you need it the most! The breeds topping the "no-fly" list that could get your coverage declined are: Pit Bull/Stafford Terrier Doberman Rottweiler German Shepherd Chows Great Dane Akita ...

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Insurance Tips For The College-Bound

Written by on 8/13/2013 3:33 AM . It has 0 Comments.

College is expensive enough without finding out too late that an accident or theft isn’t covered under your current policies. So, as you get your children ready to head off to school in the next few weeks, we highly recommend that you take some time to review your insurance coverage. It's important to keep in mind that policy language varies by company, but below is a general guide. If you have questions, or want to go over your insurance needs, don’t hesitate to contact us! HOMEOWNERS Coverage of personal property: Most homeowners policies provide 10 percent of Coverage C (Personal Property) for property owned by an insured that is at a residence other than the insured’s.  For example, if the contents of a your home are insured for $100,000, a student’s property, up to $10,000, would be covered if living in a dormitory – provided the damage is caused by a covered peril and the student meets the definition of an insured. For apartments or houses off-campus, the ...

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10 Key Ingredients For Home Safety

Written by on 5/15/2012 5:09 AM . It has 0 Comments.

When's the last time you really took a close look at the safety of your home?  If it's been over a year, you should think about doing a safety makeover throughout your home.  All it take is a little time and a lot of common sense. Here are 10 key ingredients: Do a walk-around survey to identify and resolve risks – things like loose window catches and other fittings, slippery floors and rugs, unsecured cabling, floor obstacles and sharp edges. Do the same thing around the yard, checking for fall hazards, security of equipment and proper safeguarding around swimming pools. Check (and replace if necessary) smoke and carbon monoxide alarms. If you don't have alarms, install at least one on each story of your home. Ensure all gas appliance, fires and clothes drier venting is clear. Check, restock or buy a good first aid kit. Better yet, have two. Make sure all dangerous tools, from kitchen knives to garage equipment, are securely out of the reach of youngsters. ...

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Is Lost Luggage Covered By My Homeowners Policy?

Written by on 11/9/2011 4:44 PM . It has 0 Comments.

Here at Sun Pacific, we get a number of insurance questions.  From time to time, some of the questions stand out so much that we feel the need to publish the answers, so that you can stay informed as well.

Last week, one of those popular questions showed up on our desk.  Here it is...

Q: I recently went on a great vacation, but the airline completely lost my luggage.  What does my homeowners policy cover in this situation?

A: Under a “named peril” policy, there is no coverage for lost luggage.  There are 16 named perils under a homeowner’s policy and “lost” is not one of them.  In this case, you would need to file a claim with the airline, since the luggage was under their “care, custody and control.”  The airline would be responsible for the luggage and the contents therein. Most homeowners policies are named peril, but there are a few exceptions.

SPOOKY: Most People Know Little About Their Homeowners Insurance Policy

Written by on 10/30/2011 6:37 PM . It has 0 Comments.

According to a national study, more than half of homeowners say they know very little about their home insurance policies and coverages.  In fact, some 54% of all homeowners surveyed admitted to knowing “not much at all” about their homeowners policies. Some of the most dangerous aspects homeowners  typically ignore on their policies are: replacement value, deductibles, and covered losses. A homeowner will sometimes upgrade their home and never update their home insurance policy.  When the listed replacement value is no longer enough to rebuild their home to new standards, the homeowner is often underinsured. On several occasions, a homeowner will set their deductibles high or low, depending on their financial ability to cover damages in the event of a loss.  However, if their financial situation changes, many homeowners neglect to update their deductible.  This can cause a homeowner to either pay an unnecessarily high premium, or leave them unprotected, with a high ded ...

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