Thursday, June 9, 2011

California Earthquake Authority is bad for you and your family!

Attention California Earthquake Authority Policy Holder!!!
Did you read your policy disclosure when you bought your policy? Did your agent tell you about this? If he/she didn't, you need to FIRE YOUR AGENT!

Quote from THE CEA Disclosure -"This policy is not covered by the California Insurance Guaranty Association (CIGA). Therefore, the CIGA will not pay your claims or protect your asses if the CEA becomes insolvent and is unable to make payments as promised. In addition, your CEA policy may be subject to FUTURE surcharges of the policy premium in certain cases where an earthquake or a series of earthquakes has exceeded available resources to pay claims"

Who really manages the CEA's money? It's a state conglomerate that was put together to comply with the DOI's rule to provide earthquake coverage totheir current homeowners policy. Last time I checked, the Calfornia is in a budget crisis and if an earthquake devastates a region where is the money going to come from...the Federal Government will come and bail out, right? Please remember how the government handled Hurricane Katrina. Do not rely on Government loans and grants for your assets, home or business.

Call me for Residential and Business earthquake quotes. EQ Insurance Service 866-945-8800

Monday, November 1, 2010

EQ Insurance Service: Quote Earth Insurance Now!

EQ Insurance Service: Quote Earth Insurance Now!: "To get your free quote, simply click on the logo below. This will direct you to the insurance company website link that you can access to qu..."

Tuesday, September 21, 2010

OR and WA producer Bulletin

WA and OR Producer Bulletin: MSB has issued surveys to your insureds. Please see the sample survey as well as the sample letter that was mailed.

Wednesday, September 8, 2010

Earthquake Survival Part 2- Supplies and Equipment

This is part 2 of my blog about earthquake preparedness.

I've attached a link to a article helps you assemble an earthquake preparedness kit. Again, this is for information purposes, and we do not profit from linking this site.

Article on SFGate.com:
http://www.sfgate.com/cgi-bin/article.cgi?f=/earthquakes/archive/ready.dtl


Information from FEMA:
http://www.fema.gov/hazard/earthquake/eq_before.shtm

Publications from Earthquakecountry.info:
http://www.earthquakecountry.info/roots/


Be prepared, and if you can, get earthquake insurance through EQ Insurance Service.

Earthquake Survival Part 1: Survival in an Earthquake-Triangle of Life

Recent earthquake in New Zealand has prompted me to blog about this again...Earthquake preparedness.

Here are a few sites and information that can help with earthquake preparedness and awareness.

The following video is not necessarily endorsed by EQ Insurance Service, nor do we receive any compensation for promoting this. This is for information only.

Friday, September 3, 2010

We'd like to let you know that we represent the following residential Earthquake Carriers:
1. Geovera Insurance Company
2. Pacific Select Property Insurance Company
3. Axis Re-Insurance Company
4. Universal North America Insurance Company

EQ's licensed office staff is ready to serve you 9am to 4pm Monday to Friday to answer questions and solve problems on your earthquake policy. Ask for one of the following staff people.

Thursday, September 2, 2010

Be sure to check your insurance limits

After you buy a home you buy insurance to cover the asset. Even if you pay cash, you should still consider insurance. Each year after your purchase, you pay faithfully in hopes to never use it.

However, have you really sat down with your agent to talk to you about your insurance? Chances are there's some gaps after a few years of buying your home.

1-Check your insurable limits. Is your home properly covered with the right limits according to replacement cost? Is there an extended replacement cost coverage endorsement that goes above the limit if you need it?

2-Check your liability limit. Do you know that you have liability as part of your homeowners insurance, but if you purchased a dwelling fire policy, you may not have it? Liability coverage helps cover any liability claims that may arise on your property.

3-Do you have a dog and does your policy exclude dog bites? Make sure you ask for dog liability if you have a dog. If you don't have a dog, check with your insurance policy to see what dogs will be excluded if you decide to become a pet owner.

4-if you live in California, did you know earthquake is NOT part of your homeowners policy? Get a quote on earthquake if you want to protect your home.

5-Did your lender require a flood policy? Did you know that flood policy adds to your insurance premium cost on top of your homeowners insurance? Flood is excluded in homeowners policy.

6, 7, 8- there's much more to insurance when buying or selling a home, contact your local agent.

Lastly, did you know that insurance is the last thing on a real estate agent's mind? Does he even recommend insurance or help with insurance decisions? Insurance is also the last item on the lender's list as well.

As a license real estate broker AND a licensed insurance broker, I can assure that your purchase of your home can be well handled and insurance requirements are met before you even make an offer. Don't be stuck with an insurance policy that you didn't expect or paid too much because you needed to close on time.