Five Things You Need to Know About Classic Car Insurance

If you’re a classic car enthusiast, you know these vehicles are more than cars. They’re works of art and require a different level of care than your everyday vehicle. That’s why ensuring you have the right classic car insurance policy to protect your investment is important. Here are five things you need to know about classic car insurance.

1. It Differs from Standard Auto Insurance

Classic car insurance is not the same as standard auto insurance. This policy is designed specifically for classic vehicles and considers their unique value and needs. Ensure you’re getting the right coverage by working with an insurer specializing in classic car insurance.

2. Not Every Old Car Qualifies

Just because a car is old doesn’t mean it will qualify for classic car insurance. A vehicle must meet eligibility criteria, such as being at least 20 years old. However, this is just a general guideline. Some insurers may have different requirements, so it’s essential to check with your provider to see if your car qualifies.

3. There are Certain Restrictions

There are some restrictions when it comes to classic car insurance. For example, most policies will only cover vehicles used for occasional pleasure driving. If you use your classic car as your daily driver, you may not be able to get coverage. Additionally, there may be limits on how far you can drive the vehicle in a year.

4. It is Almost Always Based on Agreed Value

Most classic car insurance policies are based on agreed value. This means that you and your insurer will agree on a value for the vehicle ahead of time. In the event of a total loss, you will receive the agreed-upon amount from the insurer. This differs from standard auto insurance, which typically uses actual cash value as the basis for claims.

5. Lying or Omitting Information Can Void Your Policy

As with any insurance policy, it’s important to be honest when providing information to your classic car insurer. If you lie or omit information, it could void your policy. This means you would not be covered in the event of a claim, and you could end up having to pay out of pocket for repairs or replacements.

Classic Car Insurance in Huntington Beach, CA

Classic car insurance is a vital part of ownership for any classic car enthusiast. These five things will help you get the coverage you need to protect your investment. Western Republic Insurance Services can help you find the right classic car insurance policy for your needs. Give us a call today to learn more.

What kind of commercial insurance does a home-based business need?

Your home insurance doesn’t cover your home-based business. Your California business needs a commercial policy or an add-on to your home insurance, designed specifically for a home-based business.

At Western Republic Insurance Services in Huntington Beach, CA, we want to help you choose the ideal coverage for your business. If you don’t hold meetings at your home or employ anyone to work there, you might think your home insurance covers your liability. This is not always the case.

Liability Coverage

Delivery people count as vendors or freight haulers, though. If one of them incurs an injury on your property while making a business delivery, this will account against you but could be covered under commercial coverage.

Business Property Coverage

A home policy only covers $2,500 of business property typically. A home-based business policy covers your business property in total. That means your business equipment gets covered, as well as your inventory.

Business Structure Coverage

A converted garage or workshop that you use for business purposes may only receive a specific amount of coverage because it is a detached structure used for business. Commercial coverage fully covers your business’ real property.

Covering Your Home-Based Business

You have two choices to adequately cover your home-based business policy – a separate commercial policy or a commercial endorsement of your home policy.

Contact Western Republic Insurance Services today to adequately cover your home-based business. We can help you obtain a separate commercial insurance policy or add an endorsement to your existing home policy. Either way, you’ll obtain full coverage for your home-based business. We’ll conduct a short interview with you to determine which option would better protect your company.

Why Every Homeowner Needs Home Insurance

When you are a homeowner, it’s essential to get home insurance and to keep it. When you don’t have home insurance, you are vulnerable to several expensive risks that can affect homes and cause them damage. Call us at Western Republic Insurance Services in Huntington Beach, CA today when you need home insurance.

Coverage for Your Home

Home insurance comes with several kinds of coverage in the policy. One of these is protection for the dwelling. When you have this coverage, it can pay your home when a covered event causes damage to it. Covered events will be spelled out in the policy and may include certain accidents, disasters, calamities, and other incidents. These can cause untold damage to a home, and home insurance is important for paying for the repairs needed afterward. 

Protection for Your Possessions

Covering your home is essential, and protecting your possessions inside your home is also highly important. When a covered incident happens that destroys what you own, your home insurance can pay for you to replace those items. This is important insurance when you consider how much everything you own is worth when you add it all together. This coverage may be almost as valuable as your dwelling coverage in some cases. 

Coverage for Liability

When you own a home, you are liable for what happens there. That means that if someone comes into your home and has an accident that leaves them injured, you are responsible for the resulting medical costs. When you have home insurance, your policy will pay for those costs to save you money. 

Get Home Insurance

If you don’t have home insurance, don’t wait to get it. Call us at Western Republic Insurance Services in Huntington Beach, CA.

What Happens if You’re Hit by an Uninsured/Underinsured Driver in California?

Western Republic Insurance Services has essential information regarding uninsured/underinsured motorist coverage if you’re a driver in the Huntington Beach, CA area.

California has some of the most stringent laws in the country regarding protecting drivers from being hit by an uninsured or underinsured driver. If you’re hit by one of these drivers and suffer a severe injury, you may be entitled to compensation.

However, the amount of compensation you receive often depends on the circumstances of your accident and the extent of your injuries. Many people involved in these accidents have to pay out-of-pocket for medical bills and other expenses, even though they were not at fault.

Who is considered an underinsured/uninsured driver?

According to California law, all drivers must show financial responsibility if they are involved in an accident. The most common way to prove financial responsibility is insurance. However, some drivers find ways to skirt the law intentionally or accidentally.

Those who continue to drive with a policy under the legally-required value are considered underinsured. Those who have no form of financial responsibility are considered uninsured.

How will my needs be met if an uninsured/underinsured driver hits me?

Regarding auto insurance in California, your insurance company is obligated to offer you coverage for uninsured/underinsured motorist (UM/UIM) benefits. To turn down that coverage, you would have to sign a waiver stating that you know the risks involved.

UM/UIM coverage pays for your medical expenses and can provide you with replacement costs for your vehicle and its contents. It’s the only sure way to protect yourself in this situation.

Western Republic Insurance Services proudly offers Huntington Beach, CA the right auto insurance coverage at affordable rates. Please get in touch with us today to find out more!

Is Umbrella Insurance for the Rich and Famous Only?

Most people traditionally believe that umbrella insurance is just for the super-wealthy. While this may be true to some point, it isn’t the gospel truth. Anyone with protected assets should have umbrella insurance from Western Republic Insurance Services of Huntington Beach, CA.

What is umbrella insurance?

Umbrella insurance gives you extra liability coverage beyond what’s offered by your home, auto, or boat insurance. Umbrella insurance rides on existing policies and kicks in when your standard insurance policy is exhausted. For instance, if you have car liability insurance of $200,000 and cause an accident of $450,000. Auto insurance will cover the $200,000, but umbrella insurance will top up the difference of $250,000 instead of paying from your pocket!

Why umbrella insurance isn’t a preserve of the rich only

While umbrella insurance protects the rich and famous, anyone earning a livelihood must invest in this coverage. Given that anyone is at risk of lawsuits in America, you better have sufficient liability coverage to cover liability claims and legal suits when taken to court.

Again, you might not be in the million-dollar category, but you have assets that you have worked so hard in life to acquire. Consider umbrella insurance if your car, boat, or home insurance isn’t enough to cover your assets. This way, you know that no one will come to claim the assets you have worked so hard to accumulate.

Who needs umbrella insurance the most?

Some people need umbrella insurance more than others. Consider umbrella insurance today if you have significant assets or are highly likely to be sued. For instance, you need umbrella insurance ASAP if you:

  • Own a business
  • Own rental houses
  • Have a home or vehicle
  • Coach youth sports
  • Own a dangerous pet
  • Participate in high-risk hobbies like archery

Want to invest in umbrella insurance in Huntington Beach, CA? You can trust Western Republic Insurance Services for all your umbrella insurance needs. Call us today to get the conversation started.

Is RV Insurance Required in California?

What’s one of the best ways to have a great time in California? Owning an RV can be a great way to explore the beautiful sceneries of California without even worrying about where to sleep. But as you immerse yourself in a world of fun with your RV, don’t forget about RV insurance from Western Republic Insurance Services. RV insurance protects you, your loved ones, and your RV when the unthinkable strikes. But is RV insurance mandatory in California? Let’s find out.

When is RV insurance required in California?

Whether it’s mandatory to purchase RV insurance in California depends on the type of your RV. For instance, if your RV is motorized (like a motorhome), you must buy RV insurance, the same way you should buy car insurance. However, if your RV is towable (like a trailer), you don’t need RV insurance because the insurance of the towing vehicle protects your RV.
Another reason you must invest in RV insurance is because your financier requires it. If you have bought your RV through a loan, your lender may insist you maintain RV insurance until you finish paying off the loan. But folks, whether RV insurance is compulsory or not, purchasing this coverage isn’t an option. 

Why invest in RV insurance?

Purchasing RV insurance isn’t always about complying with the law. When you purchase RV insurance, it gives you protection in the following areas:

  • Liability protection when accused by others
  • Protects your RV from physical damage or loss from perils such as fire, vandalism, theft, natural disasters
  • Medical payments (MedPay)
  • Uninsured motorist coverage

RV insurance in Huntington Beach, CA 

Would you like to invest in RV insurance? It’s one of the best decisions you will ever make. Please get in touch with Western Republic Insurance Services in Huntington Beach, CA to get started. We offer numerous RV insurance options to match your budget, lifestyle, and other expectations.

Is renters insurance required in California?

Renters in California may wonder if they are required to have renters insurance. Huntington Beach is a great location to have a rental. Home to the International Surfers Museum, it has some wonderful beaches and a great pier to enjoy.  At Western Republic Insurance Services in Huntington Beach, CA, we are independent insurance agents and are able to provide quality service and attention to detail. We work for you, not for one insurance company and we can give you more choices. 

California does not require renters insurance. However, your landlord may require that you carry renters insurance. Make sure you read your lease before you sign it. If you think that your landlord has insurance that protects you, you are misinformed. The insurance they carry only protects their property, not yours. If your dwelling is damaged or destroyed, you could lose everything that you own. 
An inexpensive way to protect yourself is renters insurance. It offers coverage for your possessions, it provides liability protection and if your rental is made uninhabitable, it will help you to be able to afford to have a place to stay. Content insurance covers many different things. It will help replace your clothing, your furniture, your electronics, your jewelry, and more. It protects your items at home and also when you are traveling with them. Imagine having to replace everything that you own at one time out of your own pocket. A daunting thought. 
Liability insurance protects you from legal action against you from some who is injured at your rental or by a member of your family. It can cover a judgment against you and also for the legal assistance that you may need to defend yourself. 

Contact Western Republic Insurance Services in Huntington Beach, CA to discuss the rental insurance that you need.

I am Single. Do I Need Life Insurance?

You have always known life insurance to benefit persons with children and spouses when the unexpected occurs. And you are right. Life insurance from Western Republic Insurance Services protects your dependents in the unfortunate event you die. But does that mean life insurance isn’t for the single? While life insurance isn’t always a necessity for single persons, there are situations you should consider life insurance.

You have debts

Depending on the degrees you have and the college you went to, your student loan is now approaching a six figure. While federal loans can be discharged when you die, private student loans will be passed to your cosigners. And since you wouldn’t want to burden those you leave behind with debts, you need to invest in life insurance.

The same case goes if you have a mortgage or car loan. Invest in life insurance so that the death benefit proceeds can be used to settle the debts you leave behind.

You may still have beneficiaries

Being single doesn’t mean you don’t have people that depend on your income. Yes, you may not have children or a spouse, but you may have siblings or aging parents that rely on your income. Invest in a life insurance policy to take care of your beneficiaries when you are long gone.

You have a business

Life insurance isn’t for individuals only — businesses can benefit too. Life insurance in a business helps settle outstanding business loans and helps your business partners buy time as they figure out what to do after your demise.

Life insurance in Huntington Beach, CA 

Single or not, life insurance is the best investment when planning your finances. If you would like to purchase a life insurance plan in Huntington Beach, CA, look no further than Western Republic Insurance Services.

What is Condo Insurance?

If you live in a condo, you are going to need condo insurance. Basically, it is like homeowner’s insurance, except for the fact that you live in a condo! 

So, what is condo insurance? 

Condo insurance will protect your home if there is any damage to it. It will cover the cost of repairing the damage that may occur due to storms, fire, vandalism, and even theft. 

It may also cover expenses if you have to move out while the repairs are being done. If you find yourself looking for somewhere else to stay for a few weeks while repairs are being done, your insurance will help to cover extra expenses that pop up during this time. 

It will also protect you if someone gets injured in your condo. If someone gets injured while they are at your home, your insurance will cover their medical bills. If they decide to sue you, it will also cover your legal expenses. 

It will also cover your possessions that are in your home. You probably have taken plenty of time to decorate your condo the way that you want it. You have filled your home with things that you love. You also have plenty of clothing and other items in your home. If someone breaks into your condo, your insurance will help to cover expenses to replace these items. 

Though you may not want to buy condo insurance, it can be really helpful. If something happens to your condo, they will cover the costs to fix it. It will also cover the cost of replacing your beloved items. 

If you are trying to find the right policy for your condo, don’t hesitate to contact us today at Western Republic Insurance Services in Huntington Beach, CA. 

A Guide to Buying Renters Insurance

Renters insurance is one of the most important types of coverage to have. Many people put off adding this type of insurance to their monthly budget, but it’s an essential policy for anyone that rents a home or apartment. 

Those who don’t have renters insurance are at risk of losing everything they’ve worked hard for to an unforeseen disaster. That’s why it is important to protect your stuff, whether you live in a house or apartment. You want to have peace of mind that if something tragic were to happen, your most precious items are protected. Western Republic Insurance Services provides renter’s insurance to the people of Huntington Beach, CA to help them protect their precious investments.

What Does Renter’s Insurance Cover? 

Renters insurance typically covers damage to your rented home or apartment, as well as items inside. You can choose coverage for your possessions alone or select additional options like protection for medical expenses (injuries that happen within the home), injuries sustained by guests, and even legal fees.

Tips for Buying a Renters Insurance Policy

  • Does the cost of the deductible seem too high? Some policies allow you to reduce your deductible amount or even skip paying a deductible if it’s been more than two years since you were previously reimbursed from a claim.
  • Are vandalism and malicious mischief covered? If there’s a chance you could be a victim of vandalism or malicious mischief, make sure that your policy covers it.
  • Is water damage from plumbing leaks covered? In most cases, the answer is yes but be sure to find out for sure when you’re searching for renters insurance.
  •  Do I need special coverage for any of my possessions? Think about high-value or unique items like jewelry, furs, or antiques. Unless you’ve got a bunch of money lying around, these types of items are better suited to be covered by a separate special personal property policy.

Protect your belongings and save money by adding renters insurance to your budget today. If you’re a Huntington Beach, CA resident looking for a renters insurance policy, contact Western Republic Insurance Services for suitable coverage that suits your specific needs.