Where it rains, it can flood. And since most homeowners understand this, they have purchased flood insurance from Securum LLC in Bellevue, WA to protect their homes from flooding. And not only that. Renters are buying home insurance to protect their assets when floods strike.

However, like any other insurance, flood insurance has limitations and exclusions. Learning about risks not covered by flood insurance is essential when filing claims. Things not covered by your insurance policy are clearly spelled out in the fine print. But before you go and grab your copy, here are common areas you find not covered by your flood insurance policy.

Common Flood Insurance Exclusions

Earth movement

Your typical flood insurance won’t cover damage from earth movement, even if the cause of the movement was flooding. For such damage, you will have to rely on your earthquake insurance.

Mold or mildew

Flood insurance may cover mold growth resulting from the flooding. However, if mold grows due to poor maintenance, don’t file a claim with your flood insurance because the claim is likely to be ignored.

Outside property

Any structure not contained within the walls of your house (apart from a detached garage) isn’t usually covered by flood insurance. So, your yard, patio, fence, and pools aren’t typically covered by standard flood insurance.

High-priced assets

Money, jewelry, and precious metals aren’t normally covered by flood insurance. However, you can consult your insurance agent to clarify the specific high-value items not covered.

Vehicles

Self-propelled assets like vehicles aren’t typically covered by flood insurance. Please consult with your insurer to understand whether your car is covered if swept by floods.

Additional living expenses

Home insurance covers “loss of use” if your dwelling is destroyed by a peril listed in your policy. This may not be the case for flood insurance.

Learn more about flood insurance

Still not sure what exactly your flood insurance covers and excludes? Please get in touch with Securum LLC in Bellevue, WA for more clarification.

There’s a lot to think about when you’re running a business. From product or service development to marketing and sales, there’s always something that needs your attention. And, of course, monitor the bottom line, too. That’s why it’s crucial to have the right commercial insurance policy in place for your Bellevue, WA business.

Here is the coverage your company needs to thrive and protect your livelihood:

Commercial Property Insurance

This type of coverage protects your business property from damage or theft. If you have a physical location, such as an office or store, this is the coverage you need to protect your space and contents. Your Securum LLC insurance agent can help you determine the right amount of coverage for buildings.

Commercial General Liability Insurance

This type of insurance protects your business from third-party claims. For instance, if someone slips and falls on your property or you injure someone, this policy will help to cover the costs. It can also protect you if someone sues you for libel or slander.

Product Liability Insurance

If you manufacture products, it’s essential to have product liability insurance. This type of coverage protects your business from claims if one of your products injures someone. Consider this coverage if you sell products.

Commercial Auto Insurance

If you use a vehicle for business, you’ll need commercial auto insurance. This policy will cover the costs if you have an accident while driving for business. It will also protect you if your vehicle is stolen or damaged. Also, commercial vehicle coverage is a legal requirement in Washington.

Choosing the right commercial insurance policy for your Bellevue, WA business is essential to protect you and your livelihood. Securum LLC agents are ready to help you choose the coverage that’s right for your company. Call us today to get started.

Selecting the right condo insurance policy for condo residents in the greater Bellevue, WA area can feel very confusing! Luckily, the team at Securum LLC is here to help!

Condo insurance ABCs

When it comes to condo insurance, it’s easy to be confused. There are many options available, and it can be challenging to determine which is right for you. Condo boards carry insurance, but it will likely not cover one’s unit. It is crucial to have your own insurance to protect your unit.

If something happens to the common area in your condo building, your condo board’s insurance policy will likely cover the expense associated with those damages. However, if any damage occurs within your unit, you will be responsible for those expenses. With a comprehensive condo policy, you can rest assured that you will have the protection you need.

We encourage all of our clients to review their condo insurance regularly. This can help you to recognize any gaps that there may be in coverage quickly. Make sure that your coverage protects your unit and belongings are protected. With a robust condo policy, you will have your unit protected no matter what may happen to your unit or your condo building.

Find out more about your condo insurance options today!

Securum LLC wants all community members in the greater Bellevue, WA area to have the right insurance policies for their needs. If you would like to learn more about your insurance policy options for condos and beyond, give us a call or stop by our office today. We look forward to working with you!

Anyone driving a car in the state of Washington is required to carry proper auto insurance. Driving without insurance is illegal and can lead to serious consequences. Therefore, if you own a vehicle, auto insurance is one of the first things you should think of. Choosing the right insurance policy may not be easy, especially if you have never done it before. If you are currently shopping for it and want to make the right decision, here is a list of questions you should ask an insurance agent:

What Coverage Should I Get?

You will have to get at least the coverage mandated by the state of Washington. It is liability insurance that covers the costs of anyone who is injured or dies as a result of a car accident you caused. However, in addition, it is recommended to get additional types of coverage, such as collision, comprehensive, uninsured and underinsured motorist protection, and personal injury protection. Ask an insurance agent about them to know more.

What Will Your Deductible Be?

If you are involved in a car accident, there is a certain amount you have to pay before your insurance kicks in – your deductible. The higher your deductible, the lower your monthly premium is. However, do not make your deducible that high that if you get involved in a car accident, you will not be able to pay it.

Are There Any Discounts Available?

Almost every insurance company offers discounts, so do not hesitate to ask about them. Do not assume that an insurance agent will automatically offer them to you.

Securum LLC  – Your Reliable Insurance Agency in Washington 

If you are shopping for car insurance, you should ask insurance agents as many questions as you want. Try to gather as much information as you can to make the right and informed decision.

If you live in Bellevue, WA or any other nearby town, it is recommended to contact Securum LLC – an insurance agency serving clients in Bellevue, WA and other surrounding towns. Our insurance agents are always ready to answer your questions and tell you everything about the insurance options available. Feel free to give us a call or visit our office.

Are you about to get insurance for your business? Whether you operate as a small business or run something that’s more large-scale, it’s in your best interest to learn about the different levels of commercial insurance that are available to you. You can bring your questions to Securum LLC of the Bellevue, WA area, which should help you feel more confident in making decisions about your commercial policies.

General Liability Insurance 

This is the basic level of insurance you should have for your company. It protects against those claims that involve bodily injury to another person, personal injury that includes slander and libel, and property damage to someone else’s possessions.

Commercial Property Policy 

Commercial property insurance protects the building you own or rent as well as the equipment you use in order to run your business. Keep in mind that this policy usually won’t cover damage from floods or earthquakes. You might want to get a separate policy such as commercial flood insurance that helps to protect your business from this type of claim.

Business Income Insurance 

Also known as business interruption insurance, this helps you replace lost income if you are unable to run your business. Some examples include paying for your rent, payroll, utility bills, and other kinds of ongoing expenses.

Professional Liability Insurance 

This coverage can be used for lawsuits filed due to some mistake in the services your company provided. It’s also called errors and omissions insurance.

Workers’ Compensation Insurance 

This type of policy offers benefits to your employees if they become sick or hurt from conducting work tasks. Benefits from workers’ comp include replacing lost wages, paying for medical bills, paying for ongoing care such as physical therapy, and covering funeral costs. Many states do require that businesses with employees have workers’ compensation or they are at risk of criminal charges, fines, and penalties.

After getting hitched, you probably aren’t giving much thought to your auto insurance coverage. However, as you build a life together in Bellevue, WA, you will want to consider your finances and insurance. If you will be driving one another’s vehicles, you will want to add your spouse to your policy to not only potentially save money but also prevent costly lawsuits. Here are just two important reasons to consider adding your spouse to your auto insurance policy, which is something Securum LLC can help you with.

Insurance Companies Actually Require It

Insurance companies generally require that you list each and every individual who is licensed to drive in your household on your auto insurance policy, even if they don’t drive the vehicle often. This would include your spouse, teen drivers, older relatives, etc. This information is beneficial to the insurer because they use it to evaluate the overall risk of an individual causing an accident when borrowing a vehicle.

You Will Be Covered in a Collision

As a general rule, your auto insurance will follow the automobile. Therefore, the damage should be covered in the event a neighbor or friend causes an accident. However, if your spouse is not listed on the auto insurance policy, the claim could be denied completely, which leaves you paying out of your own pocket for the damages.

As newlyweds in Bellevue, WA, it is important that you take every step possible to protect yourselves from the unexpected. This includes combining your auto insurance policies, so you are on one policy together. Contact Securum LLC for help getting things changed over to a policy that best suits your new lifestyle.

Commercial insurance is customizable to fit whatever type of business you have. Your policy won’t necessarily look like any other business insurance. You work with your independent insurance agent to come up with the perfect combination of lines to give you the protection you need. At Securum LLC in Bellevue, WA, we work for our clients to make sure their coverage fits their business.

Commercial liability coverage

Every year, between a third and half of businesses are involved in legal disputes. That means your chances of getting sued are pretty good. With liability insurance, you are prepared to survive the judgment and legal expenses. It can make the difference between thriving and surviving and having to close your doors forever.

Commercial property insurance

Commercial property insurance can benefit both renters and property owners. It covers more than just the physical building. It covers the things you need to do business, like tools, machinery, raw materials, your inventory, and even your office equipment. Many hazards are out there, and if they hit your business, without commercial property insurance, you may have a hard time recovering and replacing what you need to operate.

Commercial auto insurance

Commercial auto insurance is required by any business that owns at least one vehicle. The requirements are 25/50/10. That is $25,000 for the first person injured in an accident with a total of all injuries of $50,000. Additionally, you need $10,000 in property damage.

Workers Compensation

Washington state requires that every employee, even one who is part-time, be covered by worker’s compensation insurance. In Washington state, the employer must purchase the coverage from the state fund, not from a private insurer. Only 4 states in the United States use this system.

Contact Securum LLC in Bellevue, WA, when you are ready to discuss a commercial insurance policy for your business.

Home insurance in Bellevue, WA is a requirement for those who hold a mortgage on the property that they live in. They are asked by the state and local governments to maintain this coverage as it is something that protects themselves and anyone else who may come about to live in that home at some point in the future. One does not legally have to hold onto the home insurance policy once they have completely paid off their mortgage, but it generally makes sense to continue to do so. This is why Securum LLC has always tried to focus on providing the very best home insurance products on the market.

The home is the largest purchase that the vast majority of people will ever make. It only makes sense that they would want to protect that purchase against the possibility of damage, destruction, or theft. A home insurance policy can cover all of those possibilities and more if one is willing to pay the monthly premium to maintain the policy. It only makes sense that such a policy is required of someone who is going to live in a home in the city. It maintains peace throughout the city as the homes are protected, and everyone can focus on other concerns.

You don’t have to fork over an arm and a leg to pay for these policies. They are generally available at reasonable prices. You just have to be willing to keep up with your premiums so that you are consistently protected no matter what. Remember, you deserve the peace of mind that comes with holding a homeowner’s insurance policy, and you are going to be required to do so anyway if you hold a mortgage on the property (likely). Therefore, you should start pricing your options now and see what you can come up with.

If you are a renter, you may be required by your landlord to have renters’ insurance. But even if you aren’t required, you still need this valuable and cost-effective insurance for as long as you rent. To find out more, give us a call at Securum LLC in Bellevue, WA.

Coverage for Your Possessions

You don’t have to cover the rented space itself with insurance, as the owner has to do that. Most of what you are covering are your belongings. This coverage protects you against a wide range of incidents that can result in your belongings being destroyed or damaged. When this happens, your renters’ insurance policy can pay for you to replace and/or repair your items that were damaged. Without this coverage, it may be very hard to come up with the money to replace all of your possessions.

Protection for Liability

Even though you don’t own the property, if you are living there, you can be held liable if someone were to get hurt there. If a third party was in your rental and had an accident, you can be judged at fault for that accident and have to pay the person’s medical bills as well as their lost wages. Your renters’ policy will handle those expenses so you aren’t left with enormous bills to pay.

Your Lifestyle

If there were a covered incident in which your rental was badly damaged, you would likely not be able to stay there. That’s where your renters’ insurance comes in. It will pay for you to live elsewhere until your rental unit is repaired. This helps you to preserve your lifestyle so you aren’t trapped in an uninhabitable space.

Get Your Renters’ Policy

It’s important to get and keep a renters’ policy. If you don’t have one, call us at Securum LLC in Bellevue, WA.

At Securum LLC, we have many Bellevue, WA come to us with claims related to damage that their children caused. This situation can be very frustrating both for the parent and the insurance provider. That’s because your policy is limited in what kind of help it may provide in this situation. Understanding why will help ensure that you do what you can to protect your vehicle.

What Your RV Policy Will Cover

If you have a wild kid who gets into trouble whenever you go camping in your RV, you must make sure that they don’t damage your vehicle. Unfortunately, negligence by you or your children (who are considered part of your family and controlled by you) is NOT covered by RV insurance.

Instead, RV insurance is designed to cover things like property damage liability, injuries to someone caused by your RV, collision problems, vandalism, fire, storms, floods, theft, uninsured motorists, medical payments to your or your passengers, towing, repairs, and vacation liability.

Think of an RV insurance policy as being a combination of your home and auto policies. Like these coverage options, your recreational vehicle policy won’t cover things caused deliberately by a child in your family. It’s just not how insurance works – and it is vital to prepare by talking to your insurance company about this potential issue.

Do You Need a Policy?

Regardless of this information, it would help if you still had an excellent RV insurance policy to protect your Bellevue, WA RV. So make sure to contact us at Securum LLC to learn more about the options available to you. Our team will sit down with you, figure out what kind of coverage works for your needs, and then provide the high-quality protection that makes the most sense for you.