Does Your Driving History Affect Auto Insurance?

At Biddle-Shaw Insurance Services Inc., we serve many San Francisco, CA residents with fair and reasonable insurance rates. However, we also know that your history can affect your insurance and cause complications. Here’s what you need to know about this factor.

Yes, Your History Can Affect Your Insurance

Insurance companies always take a look at your history before providing you with a policy. For example, they may offer you a higher premium as a result of a poor driving record. Even worse, they’re likely to increase your premiums if you experience any problems after getting a policy.

That said, some issues are not as heavily weighted as others, meaning you might get a minor rate increase compared to a major one. Here are three of the most common concerns that impact your insurance, particularly if they become a recurring problem.

Issues That May Affect Your Rates 

  • Traffic Tickets – Depending on the severity (and volume) of your traffic tickets, your rates will go up at varying levels. First-time offenders are not likely to see an increase in their rates, though. 
  • DUI Tickets – If you get ticketed for a DWI or DUI, you can expect your rate to go up very heavily. This increase is likely even if you’re a first-time offender. It will take many years for this to come off your record, too. 
  • Accidents – Getting into an accident will immediately increase your rates, even if you weren’t to blame. This fact likely seems unfair but is something that insurance companies take very seriously. 

Avoid These Problems

If you’re concerned about the potential damage your history may have due to your insurance, it is crucial to reach out to us at Biddle-Shaw Insurance Services Inc. right away to learn more. Our team can help San Francisco, CA residents understand what they can do to minimize these problematic issues.

8 Tips for taking a home inventory

Before buying homeowners insurance, ask yourself one question: 

"What do I need covered?"

The answer lies within your home inventory. A home inventory documents items in the event you need to make a claim. Not only will this speed up the process, but it may also maximize your payment.

For this reason, Biddle-Shaw Insurance Services Inc. encourages its clients to conduct a thorough review of their belongings. Located in San Francisco, CA, their agents list eight tips for completing a detailed home inventory.

Break it down

Start small. Divide your home into sections. Tinier areas, like a closet, are great ways to ease into the process and avoid getting overwhelmed. Find a system that works best for you.

Record key info

List basic descriptions of each item. Include estimated value, purchase date, and any sales receipts.

Identify serial numbers

For major electronics and appliances, jot down serial numbers also.

Group like items

Not everything you own needs to be listed individually. Categorize low-cost goods, like clothes, and assign a price for the whole group.

Snap pictures and video

These images can speed up claims. Not only are they helpful reminders, but pictures and videos also capture the condition of belongings before they’re damaged.

Separate high-end valuables

Expensive items may require additional coverage beyond a standard homeowners policy. After identifying jewelry, antiques, and collectibles, check with an agent.

Use technology

Ditch paper and pencil entirely. Home inventory apps, like Nest Egg, are increasingly popular and easy to use.

Update often

At a minimum, review your inventory once a year to add new purchases. In addition to digital records, keep a backup copy somewhere else.

Consult an agent serving San Francisco, CA

Once you’ve conducted a home inventory, Biddle-Shaw Insurance Services Inc. will help find a home insurance policy that’s right for you.

What is Gap Insurance? And is it Worth to Buy?

Gap insurance can be considered as additional insurance for your car loan. Gap insurance is not mandatory. It is an optional insurance benefit. It serves as a supplement to an auto insurance policy in case a car is totaled or stolen.

The value of a car decreases from the moment it leaves the lot, and it continues to decrease with each passing year. Car insurance pays out the value of the car at the time of an accident or theft. In the event that you still owe money on the car and the insurance paid out is less than the amount owed, gap insurance covers the gap between what is still owed on the car loan and what is paid out by the insurance company.

Is gap insurance worth it?

The term gap insurance stands for guaranteed asset protection. In the event that your debt on your vehicle is higher than the value of the vehicle, gap insurance is a good investment.

If your down payment on a car is less than 20% of the value of the vehicle, it’s best to get gap insurance. At least for the first few years, you own a car.

Gap insurance is usually only required for one to two years. This is because the insurance has served its purpose during this period.

Gap insurance is needed even if you have full auto coverage and you still owe money on a car loan or on a lease. Bear in mind, comprehensive and collision insurance only pays the value of the car at the time of an accident or when it is stolen. 

Speak to an expert at Biddle-Shaw Insurance Services Inc. serving San Francisco, CA, to see which insurance options best suit you.

Do You Need Commercial Insurance for Your California Business?

You have opened your own business and could not be happier but the agents at Biddle-Shaw Insurance Services Inc. in San Francisco, CA want to help you protect your business from any adverse events that may occur in the future. You can protect your business by having the correct amount of commercial insurance coverage in place.

Worker’s Compensation

In the state of California, you must have worker’s compensation in place. This type of coverage will pay for the medical bills and lost wages of any employee who is injured on the job.

Commercial Auto Liability Insurance

If your business owns vehicles or personal vehicles are used for business purposes, you should have commercial auto liability insurance in place in case an accident occurs. This will protect you and your business if an auto accident does occur while the vehicle is in use for business purposes.

Liability Insurance

It is important to have a liability insurance policy in place that will protect customers or others that visit your business and could become injured at the physical location of your business or because of an incident that occurs involving your business.

Property Insurance

It is important to have business insurance that covers the building your business is located in and any merchandise and other equipment and items that are part of your business. This will help you if your business sustains damages due to a fire, natural disaster, vandalism, or burglary incident.

Other Commercial Insurance Options

You can also obtain other commercial insurance coverage options including cyber liability that will help you recover costs that are lost due to a breach in the security of your client’s personal information. You can also obtain insurance that will help protect you from slander and other legal issues that can arise involving your business.

To create the best commercial insurance policy for your business, call upon the commercial insurance specialists at Biddle-Shaw Insurance Services Inc. in San Francisco, CA today to get your policy started!

All You Need to Know About Renters Insurance

Renters insurance is the type of insurance that is designed to protect tenants that rent properties and their personal belongings. It covers unexpected events, including fire and theft, and injuries to guests and visitors. Biddle-Shaw Insurance Services Inc. serving San Francisco, CA and other surrounding towns prepared a brief guide containing the key information about renters insurance that you should know. 

What Are The Types of Renters Insurance?

It is made up of three types of insurance, including the following: 

  • Personal property coverage. It covers personal belongings from destruction or loss. 
  • Additional living expenses coverage. Provide finances for renting another housing if your rented home is damaged and temporarily is not inhabitable.
  • Personal liability coverage. It covers the damages caused to other people and their properties. 

What Is Not Covered By Renters Insurance?

Renters insurance has its own limitations and does not cover everything. For example, it does not cover the following:

  • Expensive and valuable belongings, such as jewelry, artifacts, pieces of art, etc. 
  • Roommates, unless they are named on the policy.
  • Medical bills. It does not cover your personal medical bills, even if you injure yourself at home. 
  • Business inventory and equipment. If you want to run a home business, you should know that neither your business nor inventory and equipment are covered by renters insurance. 
  • Floods. Renters insurance covers accidental water damage but not the damage caused by heavy rain or flooding. If you want to protect your property and belongings from a flood, you should buy a separate flooding insurance policy. 

Biddle-Shaw Insurance Services Inc. – An Insurance Brokerage Firm You Can Trust

If you are renting a home, you should definitely have renters insurance – it will protect you and your belongings from the unexpected. Our insurance firm serving clients in San Francisco, CA specializes in all kinds of insurance policies, including renters insurance. If you have any questions, or you want to discuss the options available, feel free to give us a call. 

How Natural Disasters Impact Home Insurance Policies

Biddle-Shaw Insurance Services Inc. provides coverage to the San Francisco, CA community. For over 50 years, we have helped our clients find the policies they need to protect their assets. We offer multiple types of coverage designed to help people regardless of their situation. We will sit down with you and help you evaluate your options.

How Natural Disasters Impact Home Insurance Policies

Your San Francisco, CA home is one of your most prized possessions. Home insurance allows you to live comfortably because you are protected if something goes wrong. All of your personal items are covered if they are damaged or stolen. Any damage to the interior and exterior of your home is covered. If you plan to invite guests over, liability coverage protects you if one of your guests is injured. Liability coverage also protects you if you cause property damage.

Home insurance covers any property damage due to a natural disaster such as a fire. However, you may need to amend your policy in order to cover other potential disasters such as flooding. Flood insurance protects your home if a hurricane moves through the area and leaves flood damage. Keep in mind that flood insurance is different from interior damage caused by a broken pipe. Flood insurance will not cover those damages. Earthquake insurance is an option to consider, as the West Coast is prone to the occasional tremor. You are protected if your home suffers damage due to strong vibrations. You can also add wind damage to protect your property if strong winds damage your roof or cause flying objects to damage your home or add on structures.

Biddle-Shaw Insurance Services Inc. Will Help You Protect Your Assets

Visit our website to learn more information about home insurance.  

An overview of Auto Insurance in California

Acquiring formidable auto insurance in San Francisco, CA is a fundamental initiative to protect yourself and your car in the event of an accident. If you are shopping for auto insurance in San Francisco, CA it’s paramount to comprehend the common types of coverage available on car insurance policies. Most San Francisco, CA residents procuring auto insurance are not aware of the coverages in question. Regrettably, it’s after the unprecedented crash that they will realize how powerful it is. To protect yourself from these unexpected eventualities, contact our team at Biddle-Shaw Insurance Services Inc. to have peace of mind knowing that you are protected.

Is Auto Insurance Mandatory In California?

California stipulates legal requirements you must adhere to operate a car. It advocates maintaining liability insurance by observing the minimum liability requirements—these minimum policy requirements include bodily injury and property damage.

Types of auto insurance coverage options in California

Comprehensive coverage: Helps cover expenses of repairing or replacing your car if it is physically damaged by non-collision events such as fire, theft, falling objects, and hail.

Collision coverage: It pays for expenses of repairing or replacing your vehicle arising from physical damage after a collision with another vehicle or stationary objects like boulders, posts, trees, fences, or guardrails.

Uninsured or underinsured motorist coverage: These two coverages are grouped to cover your medical expenses if you are engaged in an accident with another driver who is at fault, and he is underinsured or does not have liability insurance at all.

Medical payments coverage: This form of policy is designed to cater to medical expenses such as ambulance rides,x-rays, and surgery if you and your passengers get hurt in an accident. It also covers the funeral expenses.

Personal injury protection: It may cover certain medical costs and loss of wages culminating from a covered accident. It might cater to 80% of medical and other expenses accrued from a given accident, depending on the policy limits.

Auto insurance in San Francisco, CA

Are you a car owner searching for a magnificent auto insurance policy in California to protect you and your car? Don’t look beyond Biddle-Shaw Insurance Services Inc. Our reputable agents will answer any queries about auto insurance.

Does Renters Insurance Cover Pets?

If you live in San Francisco, CA, you have probably come across Biddle-Shaw Insurance Services Inc. We are the leading insurance organization in this area, offering different types of insurance policies. One of the products that we have been providing to our customers is the renters’ insurance policy. 

What is Renters Insurance Policy?

Renters insurance is a specific policy that covers liabilities inside your house. It is used to complement the homeowners’ insurance policy, which covers possible perils outside your rented house. What does renters insurance cover?

Personal Properties

The primary role of renters insurance is to help in covering possible uncertainties facing your personal properties. This policy will cover possible uncertainties such as theft, fire, and flooding. However, there is a limit to which your personal properties will be covered. It is always necessary to clarify this with your insurance company on your coverage limit. 

Personal Injury Liabilities

There is no doubt that you will have a huge number of friends that will be visiting your home regularly. Any injury or personal accident suffered by your visitors may turn out to be a significant financial hazard. However, with renters insurance, you will cover everything without major issues. 

Renters Insurance and Pets

It is standard for people to have different types of pets. These domesticated animals face certain uncertainties as well, which means you need to have an insurance policy for the necessary protection. Unfortunately, renters insurance does not cover pets because they are not classified as personal properties.

This does not mean that your pet will remain vulnerable to possible uncertainties. There is always an option for such issues. There are very many insurance companies that are providing pet insurance policies. 

What Next?

Do you live in San Francisco, CA? You don’t have to worry about pet insurance. At Biddle-Shaw Insurance Services Inc., we are ready to give you the best pet insurance policy. Visit our offices today for detailed information on pet insurance.

Does My Auto Policy Cover a Rental Vehicle?

People who have taken up car insurance mostly have policy questions. They turn to their family, friends, or colleagues for clarification. Most of the time, the advice they get is inaccurate, leading to costly mistakes. At Biddle-Shaw Insurance Services Inc., we help San Francisco, CA residents make informed decisions. So, we often provide answers to frequently asked questions.

In this article, we are providing answers to: Does my auto policy cover a rental vehicle?

Yes, your policy covers your rental vehicle if you have a comprehensive and collision cover. You enjoy coverage against damage to the car. The insurance also covers damage to property or injuries to other people. 

However, the rented car must be under your name. You can be the driver or any other individual listed on your policy cover. If an unauthorized person is driving the vehicle and is involved in an accident, your auto policy cover may not apply.

Expenses You Need to Cover From Your Pocket

What if the rental vehicle is stolen? What if it is involved in a collision? These are things that can happen. Thus, continue paying your deductible. If anything happens, the deductible comes in handy, as it would be if you lost your car.

What Are the Exceptions to Your Auto Policy Cover?

Before renting a vehicle, you need to ask yourself, ‘what are exceptions?” For example, the auto policy cover cannot apply if you rent a commercial vehicle. It has to be a private passenger car. Again, the rental duration should not exceed 30 consecutive days. The coverage covers you if you are within the US and Canada.

Do you live in San Francisco, CA, and need to rent a vehicle? The good news is, your comprehensive and collision cover takes care of your rental car. We help our clients make educated decisions. So, If you have any questions or concerns about your auto policy cover, you can conveniently reach us through the Biddle-Shaw Insurance Services Inc. website.

Do San Francisco businesses need commercial insurance?

Business owners that are in the San Francisco, CA area will find that the strong population and economy in the area provides a lot of opportunity for success. If you are a business owner here, you still need to protect your business with commercial insurance coverage. There are a variety of reasons why we need to get a commercial insurance plan in this city. 

Insurance Protects a Business

A key reason to get a commercial insurance plan when you are in this city is so you can protect your business. If you are going to start a company here, you will need to invest both your time and personal capital to get it off the ground. With a commercial insurance plan, you can receive coverage for your business assets and obtain liability risk protection. This could be helpful and give you the protection needed to keep your company financially solvent.

Insurance is Required for Many Companies

You may also need a commercial insurance plan as it could be a requirement for your organization. There are commonly going to be commercial insurance requirements set by investors, landlords and banks. If you have partnerships or contracts with any of these entities, it is important to understand your insurance obligations. Maintaining proper coverage can keep you in good standing. 

In the San Francisco, CA area there are a lot of great opportunities for business owners to be successful. To ensure that you are getting the right insurance protection for your company, you should call Biddle-Shaw Insurance Services Inc. The insurance professionals with Biddle-Shaw Insurance Services Inc. understand the value that this insurance provides. They can answer any questions that you have about this type of coverage and give you the support you need to build a new insurance plan.