Tag: Bellevue WA

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.

When driving your boat in a busy area, there’s little worse than running into something and seriously damaging your boat or others. Thankfully, we at Securum LLC can provide Bellevue, WA residents with the high-quality boat insurance that they want to minimize long-term financial troubles caused when hitting anything else while you’re driving. But will a standard boat insurance policy cover collisions like these?

Understanding Standard Boat Insurance Coverage Options

When you buy a standard boat insurance policy, you typically do not get collision coverage as part of your policy. However, you can add on collision if you want to protect yourself from various types of damage. This type of policy will cover many elements of your driving experience to keep you safe.

It differs from comprehensive, which covers natural damage such as fires, floods, and wind damage. In addition, collision will help in other situations, including when hitting:

• Submerged docks
• Above-water docks
• Another boat
• Rocks or debris

This policy option will help to pay for injuries on your boat and can even help pay for pet treatments, if necessary. By contrast, a standard policy will cover things like total replacement costs, bodily injury, property damage (to other people’s property), fuel spills caused by your vehicle, removing the wreckage of your boat, and roadside assistance if you break down while hauling your boat.

Find a Policy That Works for You

As you can see, you need to be careful when choosing a high-quality boat insurance policy for your vehicle. However, if you feel uncomfortable with this process or want to upgrade your coverage to handle collisions and other issues, please contact us at Securum LLC right away to learn more. We serve Bellevue, WA and the surrounding area and will provide high-quality coverage that makes sense.

Securum LLC provides insurance coverage to the Bellevue, WA community, as well as the surrounding areas. We strive to protect our clients regardless of the situation. We recognize that your situation may be different from others. We will work with you to find a policy specifically designed to meet your individual needs.

The Significance Of Umbrella Insurance

Umbrella insurance provides an extra layer of protection if a catastrophe happens. You can lean on umbrella insurance when the potential damages exceed the limits of your liability coverage. Your assets may be at risk if you are involved in a legal dispute.

If you have high-risk accessories such as a swimming pool in your backyard, umbrella insurance protects you if something goes wrong. If you’re having a guest over at your Bellevue, WA home, and they go for a swim, it only takes a split second for something to go wrong. As your guests get out of the pool, they slip and fall suffering brain trauma. There’s also the unfortunate chance that they may drown. These are serious situations in which you will be held liable. Without umbrella insurance, you could lose everything in a lawsuit. Consider you are out driving one day, and you take your eye off the road for a second to check a text message. Suddenly, you collide head-on with another vehicle. The other driver suffers severe injuries and may be paralyzed. This is another example where umbrella insurance is essential. The policy is designed to protect you when you are involved in emergency situations. If you have a lot of assets, you should look for a policy that exceeds its value. You want to be fully protected at all times.

Securum LLC Will Help Protect What Matters Most

Reach out to us to learn more information about umbrella insurance.

A flood can affect anyone. Today’s unpredictable weather patterns put even the unlikely places at risk of flooding. The National Flood Insurance Program (NFIP) has been formed to help victims of floods recover financially and offset the devastation.

The NFIP does not sell policies directly to the public. They work with insurance firms like Securum LLC to provide flood insurance for Bellevue, WA. There are two types of flood policies available: the building property and the personal property policy.

Building property policy

Your mortgage company may require building property insurance to preserve the value of the house after flood damage. The mortgage company needs to protect itself against the property’s value dropping below the mortgaged amount resulting from a flood. Therefore, they may insist you purchase flood insurance before they approve your mortgage.

The policy covers the costs of repairs to the structure of the house, garage, and boundary walls. It will not reimburse claims for damaged property like kitchen appliances, furniture, or carpets. That sort of claim will need to be covered by personal property flood insurance.

Personal Property flood insurance

Personal property covers any items inside the house damaged by the flood, e.g., clothing, couches, TVs, etc. It is not compulsory to purchase, but Securum LLC recommends it. Even houses situated a long distance from bodies of water are not immune from flooding. It is always better to be prepared than pay the heavy price of replacing all the flood-damaged personal goods from your own pocket.

So, even if the possibility of flood in Bellevue, WA is remote, you may be required to purchase some form of flood insurance, whether the compulsory or the optional type. In that case, folks at Securum LLC can help you choose the appropriate flood coverage for your circumstances.

When you own a business in Washington, there are two main types of commercial insurance that you must have for most jobs. If your business has any number of employees and/or owns a vehicle, there are required insurance policies in Washington. If your business needs commercial insurance, contact us at Securum LLC in Bellevue, WA.

Workers’ Compensation Coverage

In Washington, any business with employees, even part-time workers, must be covered by workers’ compensation insurance. This coverage pays for an employee’s medical bills if they are injured or get sick while at work. It can also be used to pay an employee’s lost wages after being injured or getting sick. There is a state fund for this insurance in Washington, and business owners have to buy their workers’ comp coverage from the state.

Commercial Auto Coverage

If your Washington business owns a vehicle of any kind, it has to have a commercial auto insurance policy on it. This insurance policy must contain a specific amount of bodily injury liability coverage for an injured person in an accident. It requires another amount of coverage for everyone’s bodily injury liability for the entire accident. It also requires that you have a certain amount of property damage liability. If you have a personally owned vehicle that gets used by the business, it’s important not to insure it with a personal insurance policy. It should have a type of policy called hired and non-owned. If it is covered with a personal policy, it may not pay out in the event of an accident.

Contact Us Today

If your business needs commercial insurance, call us at Securum LLC in Bellevue, WA.

Securum LLC offers insurance coverage to the Bellevue, WA community. We strive to make sure that our clients find the policies they need to manage risks. We offer versatile policies to help ensure that our clients are prepared for any situation.

Why Condo Insurance Is An Asset

Condos are unique investments. You have the ability to customize your unit and turn it into something that truly feels like home. Condo insurance helps you protect your Washington condo in the event of an emergency. The policy primarily covers your personal items and the interior of the unit.

Interior

Condo insurance covers any damage to the walls, carpet, kitchen, and bathroom. If you plan to upgrade your unit by adding some amenities, you must amend your policy to cover the new additions fully.

Personal Items

Condo insurance covers all of your personal items inside the unit. This includes your furniture and appliances. If you have luxury items in your condo, you can add extra coverage to protect those items if they are stolen or vandalized. It’s also a good idea to take inventory of your items. This gives you a clear idea of how valuable your possessions are.

Liability Coverage

Liability coverage protects you if you cause damage to someone else’s property. You are also protected if one of your guests suffers an injury while they are visiting your property.

Emergency Lodging Coverage

You can add emergency lodging coverage to assist you while you find a temporary place to stay when your condo is being repaired.

Securum LLC Will Help You Find The Right Policy

Visit our website to learn more information about condo insurance. Our agents in Bellevue, WA are ready to help you.