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Scurich Insurance Services has been serving the Monterey Bay Area since 1924. Our mission is to partner with our customers and provide them superior service and value. We are a member of United Valley Insurance Services, Inc., a cluster of over 70 California Independent Insurance agencies, which produced over $530,000,000 of annual premium last year. At Scurich Insurance Services we understand your business and our community. Our customers look to us for comprehensive solutions. We have established relationships with more than 40 of the nation’s leading insurance providers, which allows us to deliver multiple, competitively-priced options and a team of experts to guide you through the process. When you need to file a claim, change a policy or process a certificate you can depend on Scurich Insurance Services to respond quickly to your request. SERVICES In order to provide value added benefits to our customers that go beyond the insurance policy Scurich Insurance Services offers the following additional services: Safety Programs – English and Spanish OSHA Compliance Safety Policies – English and Spanish Online OSHA 300 Log Safety Posters and Payroll Stuffers - English and Spanish Certificates of Insurance – If received before 3:30pm done the same day Risk Management Consulting Brokerage Services Represent most major insurance companies to better market your account. Safety tapes/DVD’s BUSINESS LINES Commercial Commercial Packages Business Auto Workers Compensation Umbrella Bonds Directors & Officers Professional Liability Employment Practices Liability Personal Auto Home Umbrella Recreational Vehicles Boatss Life & Health Individual Medical Individual Life Group Medical Group Benefits

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Six Non-Insurance Methods Construction Businesses Can Use To Deal With Risk

Author TonyScurich , 2/29/2016
There will always be a risk that something will go awry during construction projects. When something does go wrong, the result is usually costly time delays and mild to devastating additional material, labor, and damage costs. As far as risk goes, most construction business owners view insurance as their first line of defense. Not that insurance isn’t an appropriate risk prevention tool, but it’s not always economically feasible or efficient to try and cover each and every possible risk with insurance. There are actually many risks that can be dealt with thorough the concepts of risk transfer, risk sharing, risk retention, risk control, risk prevention, and risk avoidance. Let’s look at some key points about each: 1. Transfer of RiskThere are parties, aside from your own insurance, to which you might transfer the risk. The two most common risk transfers are through being named as an insured person on an alternative insurance contract, and through express indemnification clauses. When you’re named on another party’s insurance, their coverage extends to you. If you’re a general contractor, for example, then you might require the electrical contractor to name you on their liability policy. As long as the other party’s insurance covers the loss, your portion of any loss would be paid by the other party’s insurance policy. The second common method of transferring risk is through an express indemnification clause in a contract. This is also referred to as a hold harmless clause. There are three varying degrees of risk transfer. The type one indemnity clause, also called a broad form, states that the indemnitor (party that will be responsible for the loss) will hold the indemnitee (party that will be protected) harmless regardless of whether the loss was caused by the indemnitee. A type three clause, also called comparative fault, holds the indemnitor responsible for only the loss that they caused. The most common type of indemnification clause is the type two, also called the intermediate form. The indemnitor assumes all the risk unless the sole cause of the loss is fully attributable to the indemnitee. An example of a type two clause would be a general contractor agreeing to hold an owner harmless (regardless of whether the loss was partly caused by the owner) if the loss was caused in part or entirely by the contractor. 2. Risk Sharing. There are often opportunities to share the risk with the other parties involved with the construction project. The contract should have a clause that stipulates each of the involved parties would be liable for those losses caused by his/her actions or inaction. 3. Risk Retention. Whether they want to or not, all construction businesses are going to retain some of the more minor risks. It’s simply not monetarily feasible to cover every single risk with insurance. These minor retained risks, such as errors that cause a couple of days of redoing work, are funded from the operating budget. Insurance deductibles are another way that risk is retained. Just be sure that whatever risk is retained has a value and can be funded should a loss actually occur. 4. Risk Avoidance. Although risks are often tempting, such as a supplier offering a cheaper material, most risks are best avoided. If you suspect that the cheaper material could be defective, then it simply makes better sense for you to put the longevity and reputation of your business first and avoid the risk. 5. Risk Prevention. Risk prevention is a very broad topic with many elements, but the premise of the concept is taking action to avoid negative events from occurring in the first place. It’s usually very simple carelessness that causes accidents. So, risk prevention may include simple things like keeping passages free of debris and idle tools secure. Risk prevention should be an ongoing training program for employees, supervisors, and managers. 6. Risk Control. Like risk prevention, risk control is a very broad topic with many elements, but the premise of the concept is reducing the amount of loss incurred during a negative event. A good example would be posting emergency response phone numbers so that immediate help can be called during an accident. Risk control should also be an ongoing training program for employees, supervisors, and managers.  

Why your company needs a business continuity plan

Author TonyScurich , 8/7/2015

Business continuity planning is one of the most critical components of any recovery strategy.

Companies today face an unprecedented number of exposures.

The frequency and severity of weather-related events seem to be increasing. Reliance on a complex network of technology and supply chains is expanding. Both leave businesses susceptible to a variety of existing and emerging risks.

Managing these risks is key to the survival of any organization.

Why Business Continuity?

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MISCONCEPTION: "Our people will know what to do in an emergency."

REALITY: Even the best employees cannot be expected to know what to do when disaster strikes. Leaving each to respond in his or her own way only adds to the confusion of an event. Having a well-documented business continuity plan in advance, and training your employees to follow it, gets everyone on the same page — helping ensure an organized, safe and timely recovery.

Scurich Insurance Services, Watsonville, CA, Business Insurance

MISCONCEPTION: "We have insurance to cover our losses."

REALITY: Insurance alone is NOT a business continuity strategy. Proper coverage is a significant and important part of the plan. But it may not fully cover some of the peripheral damages from an event, like loss of customers, loss of market share, or setbacks in development or release of a new product. Consult with your insurance agent to understand what is and is not covered under your policy.

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MISCONCEPTION: "We don't have the time to develop a business continuity plan."

REALITY: Time spent developing and maintaining a business continuity plan is an investment in your company. Your fixed costs will continue after an event whether or not you are open for business. The faster you can return your operations to normal, the more likely you will recover from the event successfully. With so much at stake, your company can't afford to NOT have a plan.

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MISCONCEPTION:  "Business continuity and disaster recovery planning are the same."

REALITY: Business continuity is a proactive plan to avoid and mitigate risks associated with a disruption of operations. It details steps to be taken before, during and after an event to maintain the financial viability of an organization. 

Disaster recovery is a reactive plan for responding after an event. It deals with the safety and restoration of critical personnel, locations, and operational procedures after a disaster, and is a part of business continuity planning.

A business continuity plan is one of the best investments your company can make.

From Hurricane Sandy and 9/11 to the tornadoes in Oklahoma – companies that proactively consider how to respond to events are the first to get back to business, often at the expense of competitors.

A predefined business continuity plan, combined with the proper insurance coverage, maximizes the chance of a successful recovery by eliminating hasty decision-making under stressful conditions. It details how to get businesses back on track after a disruption – in the most thoughtful way possible.

Think your business can withstand a disaster? Think again.

Twenty-five percent of businesses do not reopen following a major event.1 It does not take a major catastrophe to shut down a business. In fact, seemingly minor disruptions compared to widespread natural disasters can often cause significant damage – power failures, broken water pipes, or loss of computer data.

A Travelers study found that 48 percent of small businesses are operating without any type of business continuity plan…Yet 95 percent indicated they felt they were prepared.

  • Is your business continuity plan predominately an insurance policy?
  • Is it predominately an emergency response or evacuation plan?
  • Is it predominately an IT or data recovery plan?
  • Is it something you developed that sits in a binder on a shelf?

If you answered "Yes" to any of these questions, then your business continuity plan may be giving you a false sense of security.

Natural disasters are more common – and costly – than you may realize.

In 2012, nine of the top 10 most expensive world-wide natural disasters happened in the United States. With $77 billion in insured losses worldwide, 2012 was the third costliest year on record. The first was 2011, when $126 billion in insured losses were reported.2

Business continuity planning for a competitive advantage.

An alarming 48% of business owners surveyed by Travelers in 2012 said they have no plan in place. That means business continuity planning is more than smart business – it helps your company remain better positioned to recover from the business interruption, property damage, financial impact, and loss of life that a natural disaster or man-made event may cause.

The time for business continuity planning is now.

Planning for a disruption or catastrophic event should happen when business is going well, not when disaster strikes. Having a pre-defined, well-documented business continuity plan that clearly communicates how your business will respond during an event can help mitigate risk – and is one of the best investments your company can make.

1Source: Insurance Institute of Business & Home Safety; http://www.disastersafety.org/ 2Source: Insurance Journal; http://www.insurancejournal.com/news/national/2013/03/27/286235.htm


Scurich 5/6 - What’s the difference between Bodily Injury coverage and Med Pay?

Author TonyScurich , 5/15/2015

It can seem like bodily injury coverage and medical payments coverage are one and the same. After all, most people who are injured in an accident are going to have some type of bodily injury that requires them to seek medical care. The injured person would then seek out payment for that medical care from the appropriate insurance company. In actuality, though, these are two vastly different -- and necessary -- types of insurance. 

Bodily Injury Coverage Explained

Bodily injury coverage is solely for those injuries incurred by other people that have been caused by you or other people on your insurance policy. If you or someone who is on your insurance policy is found to be at fault as the result of an accident, bodily injury coverage will pay out. Like nearly all states in the country, California requires that you maintain a certain amount of bodily injury coverage. 

Medical Payment Coverage

While medical payment coverage is similar in that it pays out to a person who is injured during an accident, there the similarities end. This type of insurance pays for reasonable medical expenses to you as well as any passengers who were in the vehicle with you. Medical payments coverage pays out regardless of who was at fault for the accident. 

In California, the minimum amount of bodily injury coverage you must maintain is $15,000 for one injured person and $30,000 for all injuries combined. Any expenses above those amounts would be your responsibility. While those amounts might seem high, considering how expensive healthcare is these days, you might want to make an appointment with your insurance company to go over your policy to make sure you have the right coverage. 


Specialty Item Coverage Review: Reappraise & Cover

Author TonyScurich , 2/5/2015
Whether you are a collector of fine art or you have a garage full of vintage cars that are the envy of the neighborhood, you likely added them to your homeowners insurance when you purchased them and thought your job was done. After all, in the event of a catastrophic event -- fire, flood, burglary -- you thought your items were fully covered. It is worth delving more deeply into this subject, though, because you might be surprised to learn that your current insurance policy is not providing you with the coverage you thought it was. Riders for Special Items When you insure items that are extraordinary, your regular insurance simply might not provide enough coverage. Its limits could be far less than what the item is worth. Instead, ask your insurance agent about a specialty rider that is geared only toward that specific item or collection of items. Depending on the details, such a rider could cost you a few hundred dollars more for your insurance. The peace of mind you gain by adding such a rider is well worth the extra cost. Reappraise Extraordinary Items Before your fine art or jewelry was insured, you had it appraised to determine its value. Reappraising items such as this at least every two years helps keep your insurance on pace with their value. Most high level possessions continue to climb in value which means they could easily outstrip their levels of insurance coverage if you do not keep tabs on it. Regular appraisals will help ensure that inflation and valuation are kept to current levels in the event of a loss.

Homeowners: Deductible Review

Author TonyScurich , 2/5/2015
The beginning of the new year is a good time to take stock of your financial situation. One of the best ways to put yourself on firm ground financially is to look over your homeowners insurance. While this insurance is mandatory when it comes to bank-financed mortgages, there is often much you can do to reduce your premiums. Complete a Yearly Deductible Review It is a good idea to get into the habit of looking over your homeowners insurance deductibles every year. If you are like many people, you probably have not thought about your deductibles since you first purchased your policy. Low deductibles that seemed like a good idea when you bought your first home could be costing you money now. Purchasing a home is a big financial step that can leave you with little disposable income in the event of an emergency. It can make more sense to lower your deductible for your homeowners insurance at that point. As you begin to feel more secure in knowing just how much money home maintenance and other necessities take of your paycheck, you can add to your emergency fund. Raising the deductibles of your homeowners insurance can help you balance out the premiums you pay. With a suitable emergency fund, for example, that is equipped to cover those emergencies like the deductible for a replacement roof caused by a storm, you can enjoy savings all year round. Talk to Your Insurance Adjuster For the best results, it is a good idea to make an appointment with your insurance company to sit down and go over your insurance policy. A few adjustments for your deductibles could save you hundreds of dollars each year.

5 Questions and Answers About Commercial Property Insurance Terms

Author TonyScurich , 10/3/2014
Storage Fire In Watsonville, CAYou need to protect and insure your business. Accidents happen. Fires, floods, slips, falls, sicknesses and even fatalities. They all happen. Everyday. That's why no matter what size business you're running, from a two-man operation or a corporation worth millions of dollars, you SHOULD ALWAYS have commercial property insurance. Not everyone who is looking for business insurance actually understands what it is, though. Or why they need it. Here's our brief but informative round-up of information to get you started. 3 Frequently Asked Questions about Commercial Property Insurance My Business is Brand New...Do I Need Insurance on my Commercial Property Already? Absolutely. Think of it this way: If you could suffer a loss then you need insurance. It doesn't matter if you're on day 1 of business or day 1000...you need the insurance. If I Work From Home Do I Still Need Commercial Property Insurance? Yes. In most cases you'll only be insured and reimbursed for up to $2,500 of damage or loss to business assets that occurr within a homeowner's insurance policy. It is best to purchase additional insurance and protection under your home coverage or add on a commercial property insurance policy to cover anything over the $2,500 amount. What Steps Can I Take to Lower My Commercial Property Insurance Premiums? Every policy and insurance premium is based upon the amount of risk involved. Show high risk and you'll pay more. Mitigate that risk and you'll pay less. Here are some simple steps you can take to mitigate the risk and lower the premium on your commercial insurance policy:
  • Have a well-lighted work place (in and out).
  • Keep electrical systems maintained.
  • Install adequate sprinkler and fire safety systems.
  • Teach and preach on the job safety to every employee and keep records of safety training.
  • Keep the minimal amount of cash needed on hand. Make daily or twice daily bank deposits.
Those are our most FAQ and the answers we give. If you have any more questions or require any further detail, please contact and ask. Source: http://legalzoom.com

Time to winterize your pipes

Author TonyScurich , 9/29/2014
PipesYour homeowner’s insurance policy probably won’t cover any damage from your pipes if investigations prove negligence or poor maintenance.   We have a few tips for you to use to winterize your pipes this fall.
  1. For all outdoor watering hoses and sprinklers, disconnect them and drain out the water.  Store them in a dry place.
  2. Make sure your shutoff valve is working properly.
  3. Check for broken windows or cracks where your pipes are located.  If cracks and/or broken windows are found, seal them up to prevent your pipes from freezing up.
  4. Make sure heat can evenly circulate throughout the house, especially around the pipes and water meters.
  5. If you have interior pipes, wrap them up with insulation.
  6. Don’t close your cabinet door.  Leave the cabinet doors open that are home to pipes so the heat can get to them.
  7. You may want to consider allowing your water run a little slower this winter.  It may cost a little more on your water bill, but when you compare the cost of repair your pipes, you’ll find that it’s worth it.
This winter, make sure that your pipes are well maintained and taken care of.  For more information about your homeowners insurance policy, feel free to contact Scurich Insurance Services. Content provided by Transformer Marketing. Source:  http://www.mainewater.com/Customers//media/Files/Bill%20Inserts%20and%20Fact%20Sheets/Winterizing%20Tips.pdf

Let’s talk about chimney fires

Author TonyScurich , 9/29/2014
FireLet’s talk about chimney fires We’ve been discussing home improvement tips before the winter season come.  We have discussed the importance of maintaining your home, cleaning out your gutter, and a general list of other to-do’s this fall.  Now we are going to discuss about the importance of taking care of your chimney. Why do I need my chimney inspected? Creosote is what gets left behind after burning wood, and it’s highly flammable.  Pine wood is notorious for leaving a lot of creosote behind.  If your chimney has too much creosote (or under the right conditions) you could find yourself in the middle of a chimney fire. How often should I get my chimney inspected? It’s a good idea to get your chimney inspected annually.  Most chimney sweeps will not only check for built up creosote, but will also check to make sure that everything is working properly.  It’s not a bad idea to get your chimney cleaned out each year.  It’s a good preventive measure to save you and your family. By calling a chimney sweep and getting your wood stove, pellet stove, or fireplace inspected, you are maintaining your home and ensuring the safety of your family.  Plus, you’re also meeting the maintenance requirements for your homeowner’s insurance policy. For more information about your homeowner’s insurance policy, contact the friendly agents at Scurich Insurance Services. Content provided by Transformer Marketing.