I have a small online business. Do I need commercial insurance?

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Most would agree that businesses can vary greatly in scope, size, and type. As a result, it can be not easy to know what forms of coverage might be best for a business owner. Fortunately, commercial insurance is designed to meet the unique needs of any business. This is why the types of coverage and coverage levels vary from one business to the next. Our Portland, OR team at H & R Insurance Group LLC knows that understanding commercial insurance can be daunting. This is why we take pride in having a team dedicated to meeting all our business owners’ unique needs.

What is commercial insurance?

Commercial insurance, also known as business insurance, simply protects against financial losses in the form of liability coverage, injuries, crime, property damage, and even events that interrupt the running of a business. There are also forms of coverage unique to specific business needs that a business owner can invest in. For example, if your business uses vehicles, commercial auto insurance can also be included in a commercial insurance policy.

I have a small online business. Do I need commercial insurance?

Protecting your business in some form or fashion is always a good idea. Commercial insurance is that layer of protection that can keep your business healthy and running. Even as a small online business owner, some situations and circumstances can affect your business adversely. If you sell items, you could be sued by a customer. However, other situations affect online businesses. Consider data breaches and any number of other scenarios that could negatively impact your business. Essentially, if you can be sued, you should carry commercial insurance. Commercial insurance is bundled insurance in that it provides many forms of coverage under one policy. It can be designed to meet the unique needs of your particular business. If you are interested in protecting your business, call us. We’d be happy to help you explore your options.

How to Prepare Your Home for Insurance Inspections

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Getting ready for a home insurance inspection doesn’t have to be stressful. At H & R Insurance Group LLC in Portland, OR, we want to help you feel confident and prepared. Here’s a simple guide to ensure your home is inspection-ready.

Tidy Up Your Space

A clean and organized home creates a positive impression. Take some time to declutter and tidy up your property’s interior and exterior. This will not only make it easier for the inspector to do their job but also highlight the care you put into maintaining your home.

Check for Safety Hazards

Inspectors will be looking for potential safety issues, so it’s a good idea to address these beforehand. Ensure smoke detectors are working, handrails are secure, and pathways are clear. Simple fixes can make a big difference in the inspection outcome.

Document Recent Upgrades

Have documentation ready if you’ve made any recent upgrades or renovations, such as a new roof or updated plumbing. This information can positively impact your coverage and premiums by showing the steps you’ve taken to improve your home’s condition.

Review Your Policy

Before the inspection, review your current insurance policy. Understanding what’s covered and what might need additional attention will help you prepare and ask informed questions.

Be Present and Engaged

Being available during the inspection allows you to answer any questions the inspector might have and learn about any areas that may need improvement.

Preparing for a home insurance inspection is straightforward with a little planning. For more tips or to discuss your coverage, contact H & R Insurance Group LLC in Portland, OR. We’re here to help you every step of the way.

How to Minimize the Chances of Your Car Being Stolen

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Car theft is a valid concern for every vehicle owner. However, you can take several steps to limit this risk. At H & R Insurance Group LLC in Portland, OR, we’re eager to share practical tips to help keep your vehicle safe.

Careful Parking Can Make a Difference

The spot where you park can significantly impact your vehicle’s safety. Always prefer well-lit and busy areas where thieves are less likely to operate unnoticed. If you own a garage, use it to safeguard your vehicle not only from theft but also from potential weather-related damage.

Secure Your Vehicle Intelligently

Always lock your doors and close your windows upon leaving your car, even if it’s for a few minutes. Avoid leaving valuables visible, as this makes your vehicle an attractive target for thieves. Instead, stow them in the trunk or take them with you.

Invest in Safeguards

Consider incorporating additional safety measures like an alarm or steering wheel lock. These enhancements can deter thieves and even entice them to choose an easier target. Also, some insurance companies may offer discounts for cars equipped with certain security devices.

Key Management Matters

Never leave your car keys in the vehicle; be mindful about storing spares. Hiding a spare key in or on your car can be counterproductive. Seasoned thieves know to look for these, so keeping your spare keys at home is safer.

Implementing these steps significantly reduces the risk of car theft. For more helpful tips or to discuss your auto insurance needs, contact H & R Insurance Group LLC in Portland, OR. Our goal is to help protect you.

Are Businesses Required To Carry Workman’s Compensation?

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Many companies carry worker’s compensation insurance. This insurance helps cover the costs of getting injured on the job. For example, the company is often liable if someone falls on the job without a wet floor sign. Workman’s compensation will cover the cost of disability if the person can no longer work, even temporarily. It can also cover medical expenses. However, the laws and regulations often vary depending on the state. 

Oregon Laws

Many states require companies to offer worker compensation. However, companies in Portland, OR, can also be self-insured. According to state law, you don’t have to carry workman’s compensation insurance as long as you are self-insured and your insurance covers the same things. Self-insured businesses must work with their insurance company, like H & R Insurance Group LLC, to determine if they meet state worker compensation guidelines. 

Law Exceptions

There are certain exceptions to this law. Companies are not required to carry worker’s compensation on independent contractors. Family member business owners and others who own a large portion of the company may not be eligible for worker’s compensation claims. If you hire people as independent contractors instead of employees, you are not responsible for their injuries like an employee. Working with a knowledgeable insurance agent is crucial to ensure your company complies with the law in Portland, OR. 

Contact H & R Insurance Group LLC

Companies who fail to provide workman’s compensation can face fines. Businesses are still responsible for the lost wages, medical expenses, and the overall cost of injuries, even if there isn’t insurance to pay the bill. Employees can, and often do, sue the company to cover these expenses. Working with an experienced H & R Insurance Group LLC agent can ensure you comply with the law. Contact us for more information today. 

Types of Homeowners’ Insurance

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If you’re a new homeowner, buying homeowners insurance for the first time can be daunting. If you’re located in Portland, OR, and need homeowners’ insurance, our expert team at H & R Insurance Group LLC is ready to answer all your insurance-related questions. With over 30 years of experience serving local clients, we are prepared to cater to all your insurance needs.

A comprehensive homeowners’ insurance policy typically has six parts. The first type of homeowner’s insurance, Homeowner’s Insurance A, is commonly referred to as dwelling insurance. In the event of your home’s destruction, your dwelling insurance will cover the cost of replacing the home’s structure following a qualifying incident.

Other Types of Insurance

If you’re unable to reside in your home due to damage, you’ll utilize a type of insurance called Loss of Use. Many homes have additional structures on the property, like a garage or gazebo. These structures will be protected under Other Structures Insurance. Your home contains myriad personal belongings that will be safeguarded under Personal Belongings Coverage.

Liability Insurance is essential to cover the expenses of someone injured on your property or iiftheir personal property is damaged. This category of insurance covers you if someone sues you. If they incur injuries on your property, even if it’s not your fault, their medical expenses will be covered under Medical Expenses to Others coverage.

Consult with Us Today

Homeowners in the Portland, OR, area have found our team to be responsive and professional consultants. Our extensive experience can help clarify how different types of homeowners’ insurance relate to your unique situation. At H & R Insurance Group LLC, our licensed agents are eager to talk to you. Call us for an appointment today, and let’s find the right insurance solution for you.

The Role of Maintenance Records in Auto Insurance Claims

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Maintenance records play a pivotal role in auto insurance claims in and around Portland, OR. They document the vehicle’s history and can indicate if negligence has contributed to accidents or injuries.

Establishing Vehicle Maintenance History

Maintenance records present a detailed history of the vehicle’s care and upkeep. This includes routine services, repairs, and inspections performed by certified mechanics or service centers.

Demonstrating Vehicle Condition

Detailed maintenance records serve as tangible proof of the vehicle’s condition before an incident. They reveal the vehicle’s mechanical integrity and performance, which could have contributed to the claim event. This information assists insurers in evaluating the vehicle’s pre-existing condition and any potential impact on the claim.

Supporting Claims for Comprehensive Coverage

Maintenance records can confirm the vehicle’s overall condition and value in comprehensive coverage claims cases—such as theft or vandalism. Insurers may utilize this data to verify the vehicle’s worth and assess the required compensation or repair coverage. Comprehensive maintenance records improve the precision and legitimacy of insurance claims made under such circumstances.

Enhancing Safety and Reliability

Regular maintenance enhances vehicle safety and reliability while decreasing the possibility of accidents or mechanical failures. Insurance providers may look favorably upon vehicles with consistent maintenance records, potentially influencing premium rates or coverage conditions. A well-maintained car signals lesser risk, leading to more favorable insurance outcomes.

Facilitating Claims Processing

Maintenance records can speed up assessments and decision-making in the claims process. Insurers can promptly review documented maintenance to validate claims and determine coverage eligibility. This efficient process minimizes delays and ensures swift claim settlements, which is beneficial for both policyholders and insurers.

H & R Insurance Group LLC Helps Guide You

H & R Insurance Group LLC is here to guide you and demonstrate how auto insurance can offer long-term savings. Our team serves the Portland, OR area. Contact us today.

Three Kinds of Commercial Insurance Your Business May Need

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It is crucial to have the appropriate types of insurance when running a business. Numerous commercial coverage options exist to shield your business from various types of risks. To figure out the specific commercial insurance policies your business requires, consult with an insurance agent. Feel free to contact us at H & R Insurance Group LLC in Portland, OR.

Workers’ Compensation

Workers’ Compensation is an essential form of commercial insurance required by any business with employees. In Oregon, every business with one or more employees must have it. It is crucial to protect your business against the substantial costs of medical treatments should any worker get injured.

Professional Liability

Professional Liability insurance is a necessity if your business depends on providing expertise to your clients, as with doctors treating patients. This insurance safeguards you if your advice or service is incorrect or otherwise negatively impacts your clients. Professions such as lawyers, accountants, and any other, depending on your expertise, should consider this coverage.

Commercial Auto Insurance

All vehicles owned by your business must comply with commercial policy. This ensures legal compliance and provides the protection you need against accidents. The policy won’t be honored if a personal policy covers a business vehicle and an accident occurs during work tasks. This would leave all subsequent repair and medical bills to your company. It is crucial to always ensure that this policy covers your vehicles.

Acquiring Commercial Insurance

We can help you obtain the appropriate insurance policies for your business. Contact us at H & R Insurance Group LLC in Portland, OR.

Addressing Risks and Coverage Gaps for Homeowners in Older Housing Developments

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Aging infrastructure around Portland, OR presents unique challenges and risks for homeowners in older housing developments. This leads to coverage gaps that require thoughtful consideration and proactive risk management strategies.

Understanding Infrastructure Risks

Aging infrastructure systems, including water supply pipes, sewer lines, electrical wiring, and heating systems, often serve homes located in older housing developments. Over time, these components can deteriorate, increasing the likelihood of failures, leaks, and malfunctions that may result in property damage or loss. Aging infrastructure can also be more susceptible to environmental damage, such as horrific weather pattern events or seismic activity.

Coverage Gaps in Home Insurance

Homeowner’s insurance policies may not fully cover damage caused by aging infrastructure issues, especially if the damage is deemed to be the result of gradual wear and tear rather than a sudden and accidental event. Standard exclusions may include damage from corroded pipes, outdated electrical systems, or failing HVAC equipment. 

Mitigating Risks and Securing Adequate Coverage

To address the insurance impacts of aging infrastructure, homeowners should take proactive steps to mitigate risks and secure adequate coverage:

  • Regular Maintenance: Implement a proactive maintenance schedule for critical infrastructure components, including plumbing, electrical systems, and HVAC equipment. 
  • Upgrade and Renovation: Consider investing in upgrades to replace outdated infrastructure systems with modern, more durable alternatives. 
  • Review Insurance Policies: Work closely with insurance agents to review existing homeowners insurance policies and identify coverage gaps related to aging infrastructure. 

Advocating for Infrastructure Improvements

Collaborating with local authorities and policymakers to prioritize infrastructure upgrades and maintenance can help mitigate risks for all residents while promoting safer and more resilient neighborhoods.

Let H & R Insurance Group LLC Inform You

H & R Insurance Group LLC helps answer home insurance questions and serves the Portland, OR region. Call us today. 

Defensive Driving and its Benefits

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At H & R Insurance Group LLC, we feel it is our mission to provide quality, affordable car insurance and to make driving in the Portland, OR, area safer. One way we feel that is possible is by promoting defensive driving techniques.

What is defensive driving, and what are its benefits?

Defining Defensive Driving

Defensive driving promotes driver awareness to anticipate problems drivers may encounter on the road. This includes the actions of pedestrians, bicyclists, pets, emergency vehicles, and other drivers.

Simply put, it is avoidance of accidents by better anticipating what the other person may do.

What is Involved in Defensive Driving?

Defensive driving involves anticipating issues before they occur. For example, a child running between parked cars, a motorist accelerating to beat a red light, or a driver not fully stopping at a stop sign. The purpose of defensive driving is to anticipate and react to hazardous driving situations before they become a problem.

Benefits of Defensive Driving

Beyond reducing accidents and injuries, defensive driving can ultimately result in lower car insurance rates. Some companies may offer discounts for drivers who complete a defensive driving course.

Get a Quote Today

It is simple. Becoming a safer driver is one of the best ways to save on car insurance rates. Defensive driving can help you eliminate accidents and traffic citations.

If you are a driver in the Portland, OR, area, we encourage you to get a policy quote from H & R Insurance Agency LLC today. By answering a few questions, you may be able to find a better rate on your car insurance.

Want better car insurance rates? Drive defensively and contact H & R Insurance Agency LLC.

Commercial Insurance Guidelines – Protect Heavy Duty Machinery

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Insurance Protection for Heavy-Duty Warehouse Equipment

Owning and controlling heavy-duty machinery in your warehouse needs proper financial safeguarding. To understand these specific needs, we will cover situations that require protecting your expensive machinery.

Potential Situations Where Insurance is Beneficial:

  • Injuries: Operating automated machines, bulldozers, or cranes in your workspace could potentially lead to injuries. Ensuring all your workers are adequately instructed to handle the machinery they’re tasked with is vital. Additionally, a well-structured commercial insurance plan covering costs that stem from any unfortunate incidents in your warehouse significantly helps.
  • Theft: Heavy-duty machinery parked in isolated locations runs a high risk of being stolen. Your insurance policy should ideally cover the outlays involved in replacing stolen machinery. If your gear gets stolen, your policy will offer the necessary protection to source replacements in time.
  • Vandalism: Your equipment can be vandalized when your business is inactive. Repairing defaced machinery might involve professional services for cleaning and recuperation. Adequate insurance coverage can cover these remedial service expenses.
  • Security: Ensuring the security of your machinery when in storage is mandatory. It’s advisable to keep all your equipment under lock and key after a day’s work. Setting up lights in your equipment storage area might deter trespassers from attempting theft. Similarly, installing CCTV cameras or additional security devices will enhance the security quotient.

You are welcome to reach out to an H & R Insurance Group LLC agent who serves the Portland, OR, region to inquire about commercial coverage specifically tailored to protect your machinery. Enjoy peace of mind with the security of your heavy-duty machinery by securing a new commercial insurance policy.

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