Who likes to spend money unnecessarily? No one. So, given this reality, it’s natural for someone to ask: do I really need renters insurance? Is it worth it? The fact is that you don’t need it unless something terrible happens! And like you know, bad things are part of life, and that’s why we need insurance anyway.

Have you rented a home or an apartment in Napa, CA? Do you doubt whether you need renters insurance? Here is who needs renters insurance, according to Wine Valley Insurance Services.

If your landlord requires it

While renters insurance isn’t a mandatory requirement in California, some landlords may require it. Why? Renters insurance cushions your landlord against liabilities that may arise from the tenant’s actions. For instance, one tenant causing bodily injury to another. 

If you own a dog

It might surprise you that even the most well-natured dogs can become aggressive at times. Unfortunately, dog bites can be expensive. According to Insurance Information Institute, it costs about $45,000 to settle an average dog bite claim! Thankfully, if you have renters insurance, it can take up much of this liability. 

However, keep in mind that renter’s insurance excludes certain breeds of pets.

If you have numerous personal properties

Don’t get me wrong — you still need renters insurance if you own modest properties. After all, it cost you money to accumulate the assets you have. However, if you feel like loss or damage to your properties would take up much of your savings to replace, that’s a good motivator for you to invest in renter’s insurance.

If you value peace of mind

When you have invested in a renter’s insurance policy, you don’t have to spend sleepless nights worrying about damage or loss of your property. Similarly, you can sleep soundly even when a covered peril destroys your rented dwelling. In all these cases, renters insurance got you covered.

Are you looking for renter’s insurance coverage in Napa, CA? Your search has ended. Would you please partner with Wine Valley Insurance Services for all your renter’s insurance needs?

Insurance is your protection for your financial security. Auto insurance covers automobile accidents. Flood insurance covers your home for flood damage should you experience a flood. Wine Valley Insurance Services, serving Napa, CA, and the surrounding areas can point you to the right umbrella insurance based on your situation.

What is umbrella insurance? 

As its name implies, umbrella insurance is there when you have unexpected "rainy days." Some examples of that rainy day are:

• Negligence cases against you in your business or home
• Gaps in your current auto or other types of insurance
• Fire insurance that may not cover all of your possessions in your home
• Extra coverage for business insurance 
• Auto accidents where injuries or damage to others is more than the limits of your auto insurance policy

How Much Does it Cover?

Policies always vary in the amount they cover, so make sure you read the fine print. But most umbrella policies tend to cover around $1 million initially for one case and up to $2 million total coverage. This is an amount that most insurers believe would cover the average negligence or liability case where the insurance you have in place will not cover the totals. 

Why Have it?

Umbrella insurance is the last type of insurance people usually think about. But it is needed if you have a risk to your business, property, or physical assets that cannot be replaced with the normal limits of insurance. Say someone falls on your property coming out of your business and you had no warning sign up that there was a slick place on the sidewalk. This might be considered negligence if it meets the legal standards of negligence.

Umbrellas insurance can kick in where your other business insurance leaves off, saving you thousands or hundreds of thousands of dollars in settlements and court costs. 

More Information 

If you are confused about whether to get umbrella insurance, turn to the professionals at Wine Valley Insurance Services in Napa, CA. They can show you how it could help you get added peace of mind to protect your property and assets while being secure in the fact that they are there when your other insurance is just not enough. 

Getting renters’ insurance helps cover the renter’s personal property and offers liability coverage should something in the unit become accidentally damaged. However, does renters’ insurance cover those who have pets? For example, does the insurance policy cover damage caused by pets, or does it protect the owner should the animal bite someone? Renters’ who are also pet owners need to know the answers to these questions and will find them by speaking to an agent at Wine Valley Insurance Services in Napa, CA. 

The short answer to “Are pets covered under renters’ insurance?” is “Yes.” Renters’ insurance will cover some types of pet damage and other liability incidents associated with the pet. However, it is not blanket coverage, and you must refer to your policy for specifics as to what is covered and what is not. 

Property Damage

Your insurance company will cover the costs associated with property damage that is not yours. For example, if your dog gets into a neighbor’s yard and starts tearing it up, the insurance company would cover the costs of the repairs. If you were found liable for the damage, it would be covered. 

Liabilities

Your renter’s insurance policy should your pet injure someone by biting or scratching them. The insurance coverage would include settling any claims against your insurance and court costs and related fees should you be sued. 

Coverage Limits

Renters’ insurance policies have recovery and coverage limits. Know these limits to understand how much will be covered should your pet cause damage or bite someone. If costs are more than the policy limits, you would be responsible for the excess. 

In addition to coverage limits, verify with your insurance company about available coverage for your type of pet. Some dog breeds or dogs with a history of aggressive behavior are not covered under renters’ insurance. Additionally, exotic pets are generally not covered either. 

Pet owners in Napa, CA, with questions about pet coverage under their renters’ insurance policy, should call an insurance agent. Do you still have questions or need renters’ insurance coverage? Call Wine Valley Insurance Services or visit their website today for assistance understanding pet-related coverage under a renters’ insurance policy. 

Facts every new policyholder should know about umbrella insurance

Every day, we are looking for ways to safeguard our homes, family, and everything that matters to us.  We end up buying insurance policies for everything we own and forget about ourselves. Luckily, umbrella insurance is designed to protect you—the policyholder. It is a personal policy that protects you financially wherever you go.  If this policy is new to you, our insurance experts at Wine valley insurance Services can help you with the information you need to get your own policy. Here are a few facts every Napa, CA resident should know about umbrella insurance.

Umbrella insurance is not self-sufficient

Did you know that you cannot rely on umbrella insurance alone? One of the qualifications when applying for umbrella insurance is having a home and auto insurance policy. If you don’t have, you would need to buy them first before purchasing umbrella insurance which is only used as an extension to your current coverage.

Umbrella insurance is for everyone

Many people tend to assume that umbrella insurance is an expensive policy that can only be purchased by wealthy individuals. An umbrella policy is relatively affordable for anyone who wants extra coverage. We live in a litigious society where you can be sued for minor things. No one is above the law, and lawsuits can be quite expensive and messy.

It protects you and your family

Umbrella insurance is an all-around policy that protects you, your spouse, children, relatives, and anyone named on your policy. If you run a business, you can buy commercial umbrella insurance to protect you, your clients, and your employees.

Extends to your recreational vehicles

Umbrella insurance doesn’t stop at providing an extra layer of protection to your home and auto policies—it extends even to recreational vehicles and other toys. For instance, the umbrella policy extends liability over motorcycles, boats, and snowmobiles.

Looking to buy or need more information about umbrella insurance in Napa, CA?  Contact Wine Valley Insurance Services to learn more on how you can get a customized policy.

When you live in the Napa, CA area, you are going to have access to many great local amenities. While Napa is a great place for anyone to live, those that are in this area do need to make sure they have the proper insurance to protect against a variety of risks. One type of insurance people here should get is umbrella insurance, which provides several forms of coverage. 

Umbrella Insurance Covers Significant Claims

A reason that people in the Napa area should get umbrella insurance is that it will cover significant claims. If you are ever found at fault for an accident that occurs in your home or while you are driving, you will have some coverage through your home or auto policies. However, if you are ever involved in an accident with significant damages, it is possible that the claims could exceed your policy limit. When you have an umbrella insurance policy, it will give coverage on top of your base insurance. 

Umbrella Insurance is Broad

While there are some risks that you can mitigate with insurance, there are other liability claim risks that are a lot harder to predict. When you get an umbrella insurance policy, it will include a much broader set of risks. This can include many risks that are not easily predictable or expected. Due to this, you should get an umbrella insurance policy as it will provide comfort that you are prepared for the unexpected. 

Those that are in the Napa, CA area should make sure they get proper insurance coverage. One type of insurance that you should get is umbrella insurance. When looking for insurance here, you should speak with Wine Valley Insurance Services. The insurance professionals with Wine Valley Insurance Services can help you get into a policy that provides ample protection and peace of mind.