4 Questions to Ask an Independent Agent About Commercial Insurance

Posted on February 21, 2022February 20, 2022 by admin

Do you operate your own business? If you already do, or you’re about to start up a company, it’s crucial that you get just the right insurance to meet your needs. It will benefit you to speak to an agent from Choice One Insurance Inc. of the Portland, OR area to get answers to your questions about commercial insurance.

Should I Definitely Get Commercial Insurance?

This is an important question because not all companies require insurance or need it at the same level. If you’ve got property, and you want to protect the value of this in the event of damage or loss, business insurance is ideal.

What Types of Commercial Insurance Should I Have?

Liability coverage is one of the basic types of policy that you should consider. Other types that would be worthwhile for your business include workers’ compensation, property insurance, commercial auto insurance, and business interruption coverage.

How Can You Lower Your Premiums?

Talk to your agent about how you’d be able to lower your premium amount. If your company already makes an effort to reduce risks, such as following fire safety and installing a security system, you’d likely be eligible to get discounts.

What Are the Policy Limits?

Nearly all policies are going to have limits to them. It’s best that you know beforehand and understands what all the amounts mean. You need to know what to expect, including what your deductible is going to be for your policy.

Talk to an expert on commercial insurance at Choice One Insurance Inc. of the Portland, OR area. You’ll be grateful that you did when you see how much you can benefit from having a dedicated insurance agent on your side.

4 Benefits Of Comprehensive Auto Insurance

Posted on January 24, 2022February 3, 2022 by admin

Choice One Insurance Inc. serves the Portland, OR community and the surrounding areas. We have relationships with multiple carriers throughout the Pacific Midwest. We work with our clients to help them find policies that align with their present and future goals. As an independent agency, we are able to offer flexible coverage options. We look forward to serving you with honesty and integrity.

4 Benefits Of Comprehensive Auto Insurance

Auto insurance offers protection as you travel around Portland OR and beyond. Operating a vehicle comes with significant risks. One small accident can have major consequences. The policy covers your vehicle if you are involved in a collision. You are also covered in potential liability situations. Perhaps you take your eye off the road for a split second, and you collide with another vehicle causing damage. Liability coverage will handle the repairs and any issues regarding the injured party’s medical treatment. Comprehensive coverage provides multiple benefits.

Natural Disasters

If a severe storm moves through the area and damages your vehicle, comprehensive coverage protects you. This can give you peace of mind as you wait for your damaged window or windshield to be repaired.

Theft/Vandalism

In the unfortunate event that your vehicle is stolen or vandalized, comprehensive coverage will cover you. Comprehensive coverage also covers your vehicle if it is damaged due to a collision with an animal.

Emergency Assistance

If you are traveling on the road and your battery dies, emergency assistance takes over. You will receive urgent service to get you back on the road as soon as possible.

Rental Coverage

If your vehicle suffers extensive damage, you can add rental coverage. This allows you to drive another vehicle until the necessary repairs are made.

Choice One Insurance Inc. Will Help You Protect Your Assets

Visit our website to learn more information about auto insurance.

An Introduction to Renters’ Insurance

Posted on December 20, 2021December 18, 2021 by admin

One of the wisest financial moves you can make is protecting your most valuable assets. As a general rule, this means investing in the appropriate insurance to protect your vehicle and home, but if you don’t own a home in Portland, OR, then this means your apartment or home and personal belongings. If you would like to learn more about renters’ insurance offered by Choice One Insurance Inc., keep reading.

Is Renters’ Insurance Necessary?

Renters’ insurance is not exactly mandatory unless your property manager or landlord requires it. This type of insurance coverage offers protection for your belongings, such as those inside your home or apartment. Any kind of insurance that your landlord has will cover the property itself as well as any damage that is incurred to the structure. Therefore, without any of your own coverage, your own personal items will be lost, and you’ll need to pay to replace them out of your own pocket.

How Does Renters’ Insurance Work?

There are two types of renters’ insurance policies that you can choose from, and the type of policy you choose will have a direct impact on the monthly premium that you pay.

The first one is known as replacement cost value. This policy will cover the cost of repairing the item or replacing it. So, if you have a three-year-old Apple iPad that suffers damage and you file an insurance claim for it, your insurance company will offer a replacement tablet with similar specifications as the tablet that was damaged.

The second type of policy is known as actual cash value. If you file a claim for the same tablet as above, this type of policy will provide you with the item’s current value but only after accounting for its depreciation.

What Does Renters’ Insurance Cover?

At a bare minimum, your renters’ insurance policy will cover your personal belongings, such as clothing, furniture, electronics, and jewelry, in the event that they suffer damage during a covered peril like a fire or vandalism. The majority of policies will also offer legal and medical protection.

If you are in need of renters’ insurance in Portland, OR, reach out to the team at Choice One Insurance Inc. for help in protecting your assets.

How RV Insurance Is Impacted By Traveling Abroad

Posted on November 15, 2021October 11, 2021 by admin

Choice One Insurance Inc. serves the Portland, OR community. For over 10 years we have helped our clients find the coverage they need. We are an independent agency. We strive to serve our clients using trust, integrity, and professionalism. We have working relationships with multiple carriers across the Pacific Northwest. We look forward to helping you protect your assets.

How RV Insurance Is Impacted By Traveling Abroad

Many Portland, OR residents own an RV. If you are one of the many people who use an RV for relaxing vacations or as a full-time asset, consider the benefits of RV insurance. RV insurance protects your asset against unique risks. Weather in the Pacific Northwest can be unpredictable at times. RV insurance covers your vehicle if it suffers damage due to inclement weather or an accidental fire. RV insurance also covers you if your vehicle collides with another vehicle. Liability coverage protects you if you are ruled to be at fault for any property damage or bodily injuries. If a guest is injured while visiting your RV, their medical treatment is covered. All of your property inside the RV is covered if it’s vandalized or stolen. You can add extra protection to cover any special amenities added to the interior and exterior of your RV.

If you use your RV to take vacations, there are a few things to consider before heading out of the country. If you plan to travel abroad in your RV, you may have to alter your coverage. Traveling abroad may leave you exposed to unique risks. Contact the U.S. State Department before finalizing your travel plans to make sure that you are fully covered.

Choice One Insurance Inc. Will Help You Find The Right Policy

Visit our website to learn more information about RV insurance.

4 Benefits of Umbrella Insurance

Posted on October 15, 2021October 11, 2021 by admin

Usually, a typical policyholder in Portland, OR, has auto and home insurance. But do you know you can benefit from other coverages like umbrella insurance from Choice One Insurance Inc.? Umbrella insurance is extra liability protection that comes into play when your conventional liability coverages run out.

Unfortunately, there are many misconceptions about umbrella insurance. One common misconception is that umbrella insurance is for the rich and famous only. The reality is that this notion is half-true. Umbrella insurance is suitable for anyone earning a livelihood, and investing in this coverage yields the below benefits:

Protects you against expensive lawsuits

In the world we live in, you can be sued for doing virtually nothing. And since lawsuits can be expensive, you need umbrella insurance to protect you when they come knocking on your doors. While lawsuits can plunge you into financial losses, umbrella insurance ensures that doesn’t happen.

Protects your assets

You may try to avoid accidents, but they will still happen. And when they happen, you could face significant claims that could claim your assets. Luckily, you don’t have to worry that someone will come for your hard-earned assets if you have umbrella insurance.

Worldwide protection

Unlike other liability coverages that only operate in the US, umbrella insurance can protect you anywhere in the world. This way, you don’t have to invest in extra coverage when traveling abroad – umbrella insurance got you covered.

It’s affordable

Most people fail to invest in umbrella insurance because they think it’s expensive. However, since umbrella insurance rides on other coverages, it’s surprisingly affordable. Umbrella insurance gives you high liability coverage at a very conservative price. Not convinced? Why don’t you get in touch with Choice One Insurance Inc.?

Invest in umbrella insurance today!

Are you shopping or renewing your umbrella insurance policy in Portland, OR? Would you please look no further than Choice One Insurance Inc. for affordable coverage?

Required Auto Insurance in Oregon

Posted on September 30, 2021October 11, 2021 by admin

In Oregon, it’s required that you have auto insurance if you own a vehicle. The vehicle must be covered by several types of auto coverage that are all in your auto policy. If you need to protect your vehicle with insurance, call us today at Choice One Insurance Inc. in Portland, OR. Not having insurance can cost you steep fines, and it leaves you vulnerable financially.

Bodily Injury Liability

Oregon requires a specific minimum amount of coverage for one person who is injured in an accident. There is a second amount required for everyone in the accident who is injured. The amounts required by the state are on the low side among all the states. The lower amount that is required may not be enough to pay all of the medical bills that result from an accident. It’s often recommended that you add coverage to the minimums so that you are better protected.

Property Damage

This coverage pays for the repairs or replacement of a vehicle that is damaged in an accident that is your fault. This amount is relatively low, however, and may not pay enough for an accident that happens with an expensive vehicle. It is also recommended to raise the amount of this coverage.

Personal Injury Protection

Though Oregon is not a no-fault state, it does require you to have a specific amount of personal injury protection in your auto policy. This is a type of injury coverage that will pay for your injuries that are caused by an accident. With medical bills being so high, it is vital to have this protection in case of an accident.

Uninsured Motorist

The final type of required insurance is a set amount for a person who becomes injured in an accident and another amount that is for everyone who is injured. If someone else causes an accident with you, and they don’t have insurance, this coverage protects you.

Get Your Auto Policy

If you need auto coverage, give us a call at Choice One Insurance Inc. in Portland, OR.

Required Commercial Insurance in Oregon

Posted on August 16, 2021August 8, 2021 by admin

In Oregon, there are two types of commercial insurance that are required for businesses. Not every business meets the requirements for these insurance types. But if your business does, don’t go without this important coverage. To find out more about the commercial policies that are right for your business, call us now at Choice One Insurance Inc. in Portland, OR.

Workers’ Compensation

In Oregon, every employee of a business has to be covered by a workers’ compensation policy. It doesn’t matter whether the person is full-time or part-time- they must be covered. In the event that someone is injured on the job, or becomes ill there, your workers’ compensation insurance will cover their medical bills as well as any lost wages. This protects your business from having to pay the exorbitant bills that can result from accidents and illnesses.

Commercial Auto Coverage

If your Oregon business owns a vehicle, state law decrees that it must have a commercial auto insurance policy. That policy must have at least the mandated minimum amount of coverage for bodily injury liability. That includes one amount for a single person who is injured and other amounts for everyone who had injuries from an accident. It is also required for the policy to have at least the minimum amount of property damage liability. Uninsured motorist coverage is also included, with one amount required for a single person being injured and another amount for all of the people who were injured. The law also requires that the policy have personal injury protection. This pays for your medical bills if you are in an accident.

Get Commercial Coverage

If your business meets the requirements for either of these commercial insurance policies, don’t go without this valuable coverage. Stay legal by getting the required policies. To find out more, contact us at Choice One Insurance Inc. in Portland, OR.

Knowing What Home Insurance is Right for First-Time Home Buyers

Posted on July 30, 2021August 8, 2021 by admin

Home insurance is a crucial coverage option for all homeowners, but many first-time buyers may be confused about their options. That’s why we at Choice One Insurance Inc. strive to provide Portland, OR, with a better understanding of these options and how they impact their home coverage.

What You Must Know About Home Insurance

Buying home insurance for the first time is a lot like buying a car insurance policy when you first learn how to drive. You will not know much about the different policies, what they cover, and how companies set them up for you. Typically, there are a few additional steps that you need to take before you buy a policy. Here are a few that we suggest to all of our clients:

Start looking for policies at least a week to a month before you close
Hire an insurance appraiser to examine the quality of the home
Find a policy that helps cover your home to the fullest level
Pay attention to exclusions and try to minimize their impact
Talk to your agent about the potential deductibles and coverage options

When you work with some insurers, you may find that they offer a "first-time buyer" discount. This type of savings is designed for people who have never paid insurance before and may be uncomfortable with its demands. Make sure that you also talk to your agent about what types of factors and issues are covered in your policy – usually, it focuses specifically on things that you do not cause.

Buy a Policy for Your Home

At Choice One Insurance Inc., we can help people in the Portland, OR area find the home insurance policy they need. Our professionals will seek out a policy that makes the most sense for your, balance your policy’s coverage and exclusions, and help to protect you from dangerous loss.

What You Need To Know About Occupational Accident Insurance

Posted on June 30, 2021June 30, 2021 by admin

Employers have a special responsibility to their employees and to independent contractors which work with them. If these individuals are injured in the course of providing services for the employer, they are entitled to certain benefits. Occupational accident insurance is one way employers can provide these benefits. At Choice One Insurance Inc, serving Portland, OR, we can help you navigate these insurance topics.

What Is Occupational Accident Insurance?

Occupational accident insurance is a type of insurance policy that an employer can put in place to provide benefits to their employees and independent contractors. If an employer uses independent contractors, those workers may not be covered under traditional worker’s compensation insurance. However, accidents and injuries still happen. Occupational accident insurance will kick in and provide benefits for those independent contractors.

Why Should I Get Occupational Accident Insurance?

If an independent contractor is injured while using your equipment or while providing services for you, you could be held liable for the expenses resulting from this incident. These expenses could include, but are not limited to, medical expenses and legal expenses.

What Does Occupational Accident Insurance Cover?

You can customize your policy to suit your particular needs, but in general, a policy will provide the following benefits:

Accidental death benefits for families
Survivors benefits
Dismemberment
Medical expenses
Temporary disability
Permanent disability
Others

To understand all of the types of benefits available, you will need to talk with a knowledgeable insurance representative.

If you would like to learn more about our insurance products and services, please contact us at Choice One Insurance Inc, serving Portland, OR. We will be happy to answer your questions.

Oregon Renters Insurance Guide: When A Tenant in Your Building Damages Your Property

Posted on May 28, 2021May 28, 2021 by admin

If you have neighbors that annoy you, you might live in an apartment building. But annoying you and destroying your property are two very different things.

At Choice One Insurance Inc. in Portland, OR, we know apartment living can have its challenges. Here’s what you need to know when a tenant in your building damages something.

Oregon Renters Insurance Basics

Oregon’s renters’ insurance covers personal property and liability. Sometimes you might get additional expenses covered, such as a hotel room, if damages leave your apartment uninhabitable.

Property insurance will cover your furniture, clothing, and electronics. Each renters’ insurance policy will have its own limits and caps on how much it provides.

Liability works like any liability coverage. It covers you if you accidentally damage something on someone else’s property. It also covers you if they have medical bills after an accident on your property.

When a neighbor wrecks your stuff, you can file a claim for property damage.

To Do: Before the Damage

If that hasn’t happened yet, take an inventory of your belongings. Do a video of each room, and be sure to capture every major piece of furniture and technology.

Get renters insurance if you don’t have it already.

To Do: After the Damage

After the problem has already happened, notify your landlord immediately. Take photos of every possible inch and angle of the problem. Clean up the mess and remove any items that might sustain further damage if it’s a problem like a flood.

Call your insurance company to start the claim. They will ask you for a list of items that were damaged and what their value is. See if you can find receipts or banking statements to corroborate what you claim is their value.

In the end, you may have a deductible to pay ahead, but you may not. Your insurance company can help if you have that policy before the problem happens. You can use the funds to replace the damaged items.

Get a Free Quote

You can’t choose your neighbor, but you can choose your insurance company. Contact Choice One Insurance in Portland, OR today to get a free quote on renters’ insurance.

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