Author: agentinsure

When to Add Umbrella Insurance to Auto Insurance

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If you have never had your traditional auto insurance liability limits reached or exceeded, you may wonder why umbrella insurance is highly recommended. For drivers in Newport Beach, CA, it is important to understand the benefits of umbrella insurance and how it can enhance your existing auto insurance coverage. At Murvay Insurance, we can guide you through the process and help you determine when it is time to add umbrella insurance to your current auto insurance policy.

Assets Worth Protecting

Umbrella insurance becomes essential when you own assets that could be targeted in a lawsuit. These assets may include a home or multiple properties, business ownership, side incomes, savings, retirement accounts, and investments. Protecting these assets with umbrella insurance ensures you are prepared for unexpected legal claims.

High Auto Liability Limits

Most umbrella insurance policies require you to carry higher underlying auto liability limits, typically between $250,000 and $500,000. If you have already increased your auto liability coverage for better protection, adding umbrella insurance is a cost-effective way to extend your coverage further.

Driving Regularly

Frequent or long-distance driving increases your risk of exposure to accidents and liability claims. Umbrella insurance is particularly beneficial if you commute long distances, travel often for work, drive in high-traffic areas, or have multiple drivers in your household.

Understanding when to add umbrella insurance is crucial for all drivers, regardless of how often you are behind the wheel. The more familiar you are with what umbrella insurance covers and does not cover, the easier it will be to decide when to invest in an umbrella policy. If you are a driver in Newport Beach, CA, contact Murvay Insurance today for a quote and consultation to learn more about bundling umbrella insurance with your auto insurance policy.

How Does Commercial Insurance Support Your Business?

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Commercial insurance is more than just one policy you purchase for your business. In fact, commercial insurance is a broad term that encompasses several kinds of policies business owners need. If you’re planning on starting your own business, it’s essential that you know how commercial insurance is designed around your needs and what policies make the most sense for your venture.

Here’s your guide to the various kinds of commercial insurance. When you’re ready to start acquiring policies for your business, you can come to us here at Murvay Insurance, serving Newport Beach, CA.

What Does Commercial Insurance Encompass?

You’ll likely need several commercial insurance policies to operate your business safely. While the list of all the available commercial insurance policies would be extensive, the most important and top insurance policies you’ll be investing in include:

  • General liability insurance, which covers bodily injury as well as property damage (for leased/owned spaces)
  • Commercial property insurance, for your physical property and contents
  • Cyber liability insurance, which covers you if there’s a data breach and sensitive customer data is stolen
  • Commercial auto insurance for your fleet
  • Business interruption insurance, in case you have to temporarily shut down your business after a covered event
  • Workers’ compensation insurance for workers injured on the job (This is legally required.)

Commercial insurance is essential if you plan on starting your own business. Keep the above in mind so you know what to shop for once you’re ready to launch your business. 

Invest in Commercial Insurance With Murvay Insurance

If you’re in Newport Beach, CA, and you’re ready to get business coverage for all aspects of your operation, contact one of ur agents at Murvay Insurance. We’re happy to help. 

King Tides and Seasonal Swell: What Newport Beach Homeowners Should Know

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King tides aren’t ordinary high tides. They push the Pacific farther inland, lift water levels into places that stay dry most of the year, and test how well homeowners in shoreline communities handle the seasonal pressure. In Newport Beach, CA, homeowners can feel that shift long before February arrives, not because the ocean has become more dramatic, but because it’s just a little less predictable at the edges.

How King Tides Reshape the Edges of a Coastal Property

When a King Tide rolls in, it redraws familiar lines. Low-lying streets start showing pools earlier in the day. Backflow shows up in drainage areas that rarely see standing water. Yards that usually drain within minutes start to hold moisture much longer, especially after a night of swells and onshore winds. Even if your home is a few blocks away from the waterfront, you’re not safe. You’ll still feel the impact, like humidity shifts, soft soil around foundations, or salt-laden air settling between siding gaps.

Seasonal swells are also a little different. It’s not the height of the waves that causes most of the damage; it’s the persistence. Swell days push moisture deeper into outdoor structures: decks, pilings, stairways, crawl spaces. And homeowners often overlook that wood absorbs saltwater differently than freshwater, and that absorption becomes cumulative.

This is the environment Murvay Insurance helps coastal residents navigate. Coastal living brings beauty, but also a kind of slow shaping. The ocean touches your property in ways that aren’t obvious until the season turns again. And that’s where your home insurance must account for the kind of winter Newport Beach actually experiences, not the one inland communities face.

February’s Pressure Points

Everything comes together in February in Newport Beach. High tides overlap with extreme wet weeks. Groundwater creeps a bit higher and the marine layer hangs longer and reaches farther. Our experts at Murvay Insurance help Newport Beach, CA, homeowners navigate this environment with confidence. We face the same risks, and we’ll help you face yours.

Can You Switch Auto Insurance Carriers Without Losing Coverage?

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Virtually everyone in Newport Beach, CA, is trying to save a few dollars these days, including on auto insurance. Yet, you may be reluctant to change policies when your premiums suddenly increase drastically. Shopping around can help you keep your premiums in check. If you do it correctly, you won’t experience a coverage lapse. Murvay Insurance can help you switch your policy and ensure you still have sufficient coverage.

How To Switch Carriers

Your current carrier should give you sufficient notice of premium increases or coverage changes, typically 60 days’. This gives you sufficient time to explore new options if you are not satisfied with what your current carrier has presented. During this time, compare rates and coverage from several companies to ensure you can find another policy that meets your needs. For most people, this process will be easy. However, if you have an open claim with your current carrier, you must continue working with them to ensure the claim is processed correctly, even after you switch policies.

Essential Considerations

Don’t cancel your old policy until you have a new one. Although your current policy may allow midterm switches, be aware that you may have to pay a cancellation fee. And if you have an open claim, be aware that your premium may change once the claim is closed and your new carrier reviews your claims history. Follow this advice closely, as a lapse in coverage could be detrimental to your future insurance coverage.

If you have considered changing your auto insurance coverage in Newport Beach, CA, don’t leave it to chance. Contact the agents at Murvay Insurance to get started on an auto insurance policy tailored to your needs.

Holiday Crowds and Liability: Protecting Newport Beach Businesses with Smart Commercial Insurance

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Aah, the holidays! Just like the rest of the country, Newport Beach, CA transforms during the holidays. Streets explode with foot traffic, storefronts glitter late into the night, and the spirit of local business owners like you rides a seasonal high. But the truth is, beneath the sparkle hides a sharp uptick in liability exposure. Panicked holiday shoppers, packed aisles, overstretched staff, impromptu events; each adds a new layer of risk to your business.

For you, that means: more people facing more possibilities for slips, falls or even worse. Slips, trips, and unintended mishaps don’t take a holiday break. That’s why Murvay Insurance helps Newport Beach business owners double-check their commercial insurance before the season kicks into high gear.

When Crowds Surge, So Does Your Liability

Let’s break this down. Everybody loves the additional business the holidays bring, but increased foot traffic isn’t just a dream come true, it’s a liability minefield.

Reality is, trip hazards multiply. Wet floors, stacked displays, tangled cords. And it only takes one misstep for a customer to turn into the end of your business.

And that’s not even all. Seasonal hires create additional exposure. Short-term employees may not be fully trained, yet they’re representing your business during its busiest weeks. 

Still not all. Events, promotions, and pop-ups are all great for marketing. But they can quickly turn into nightmares if your coverage took a holiday break as well.

At Murvay Insurance we work with you to identify these seasonal spikes in risk and ensure your commercial insurance adapts before it’s too late.

What Smart Coverage Looks Like in December

Not all policies stretch are created the same. If you’re running extended hours, hosting events, or hiring temps, your baseline coverage will not cut it. From general liability to event-specific endorsements, flexibility matters.
We don’t believe in off-the-shelf policies. At Murvay Insurance, we help you find coverage that reflects your reality of the season: short-term chaos meets long-term consequences.

Don’t Let a Claim Break You

Your holiday success shouldn’t hinge on pure luck. The right commercial insurance strategy can help you welcome the crowds with confidence, not crossed fingers.

If you’re unsure whether your current policy can handle the holiday rush, reach out to Murvay Insurance today. Let’s make sure your season ends in celebration not litigation.
 

Repairing Your Driveway: Does Home Insurance Have Your Back?

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Driveways provide a pathway for vehicles from the street to your home and serve as a convenient parking spot away from the road. When your driveway develops cracks or other damage, homeowner’s insurance may cover repair costs, minus your deductible. However, certain conditions can make this coverage uncertain. The team at Murvay Insurance explains the details.

Does Homeowner’s Insurance Cover Driveway Damage in Newport Beach?

Coverage depends on the cause of the damage. Homeowner’s insurance typically covers driveway damage caused by perils listed in your policy. Common perils include falling objects, theft, vandalism, fire, lightning, hail, windstorms, power surges, pipe bursts, and the weight of ice, snow, or sleet. If the damage is caused by one of these perils, you may be eligible for compensation. However, it’s important to share specific details with Murvay Insurance and file a claim. The most likely causes of driveway damage include falling objects, vandalism, fire, hail, and heavy ice or snow. Damage caused by anything not listed in your policy will not be covered.

Will Any Insurance Cover Driveway Repairs in Newport Beach, CA?

Coverage depends on the type of damage and the insurance policies you have. Homeowner’s insurance may cover earthquake or sinkhole damage to driveways if you have riders for these events attached to your policy at the time of the claim. Some carriers offer separate earthquake or sinkhole insurance policies, which you must purchase to cover driveway repairs. Flood insurance will cover flood-related driveway damage. Additionally, a "difference in conditions" rider can cover landslide or mudslide damage if it is part of your policy. However, home insurance will not cover damage caused by poor maintenance, wear and tear, vehicles, or actions by someone living in the home.

Speak with one of our agents about your driveway. We’ll compare your situation with your carrier’s policy to determine if you qualify for coverage for driveway damage. Contact us for more information on home insurance.

How to decide if basic auto insurance is right for you

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Basic auto insurance is the minimum coverage mandated by the state of California, and it’s the least amount of insurance you can carry to drive your vehicle legally. At Murvay Insurance in Newport Beach, CA, we are independent insurance agents who work for our customers. Our job is to personalize your auto insurance to meet your specific needs.

In California, basic insurance is liability-only and follows the 30/60/15 rule. This means you must have at least $30,000 in liability coverage for one person injured in an auto accident you’re responsible for, $60,000 for all persons injured in the accident, and $15,000 in property damage. This coverage protects other people from you but does not provide any protection for you or your vehicle.

What Type of Vehicle Do You Have?

Do you have a newer vehicle? Do you have a car loan, or are you leasing the vehicle? In these cases, you’ll likely need collision and comprehensive coverage. Leasing companies or loan providers typically require these types of coverage. You may also want to consider Gap coverage, which pays the difference between what you owe on the vehicle and what your insurance will pay in the event of a total loss.

Can You Afford to Replace Your Vehicle?

If your vehicle is damaged or destroyed in an accident and you’re held responsible, you’ll need to pay for repairs or replacement out of pocket if you don’t have collision insurance. For example, if a stone cracks or chips your windshield, or if a tree branch falls on your vehicle, you’ll be responsible for the repair costs. If this were a financial burden, having the right coverage is essential.

Contact our office at Murvay Insurance in Newport Beach, CA, to discuss your auto insurance needs. We’re here to help you find the coverage that works best for you.

Notifying Your Employees About Workers’ Compensation

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As a business owner, you are responsible for purchasing commercial insurance to protect your business assets and employees. Many business owners have questions about their commercial insurance options. If your business is located near Newport Beach, CA, our team at Murvay Insurance would love the opportunity to meet with you and discuss your insurance needs. We’ve been working with companies like yours since 2018.

Employers’ Posting Requirements for Workers’ Compensation

Your company must carry workers’ compensation insurance. This type of policy covers medical expenses and compensates employees for lost income due to workplace injuries. According to the California State Department of Industrial Relations, part of your corporate responsibility regarding workers’ compensation insurance is to post information that informs employees about the availability of this program. This information must be displayed in a location visible to all employees.

When you hire new employees, you are required to provide information about your workers’ compensation program during orientation. According to the California State Department of Industrial Relations, this information should be presented in the form of a pamphlet or handout. Failure to comply with these posting requirements is considered a misdemeanor and can result in a $7,000 fine.

Call Us Today for Your Appointment

Every business is unique, and your business has specific insurance needs. Our team at Murvay Insurance can present you with a wide variety of insurance options, ensuring you have the best possible choices for your policy. Companies in the Newport Beach, CA area have learned that our team offers excellent customer support and service. Call us today to schedule an appointment, and let’s work together to create the best insurance portfolio for your company’s needs.

Natural Disasters and Your Home Insurance: Are You Really Covered?

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A strong home insurance policy is essential for protecting your home and belongings while ensuring you and your family have a safe and comfortable place to live. If you’re in the Newport Beach, CA area and need coverage or want to update or adjust your current policy, Murvay Insurance is here to help. Our trusted agents make it easy and convenient to get the quality coverage you need, including protection from natural disasters.

Insurance Might Not Cover What You Expect

Many homeowners assume their insurance policy covers everything that could happen to their home. Unfortunately, that’s often not the case, which can lead to devastating issues if a natural disaster strikes. For example, standard home insurance policies typically don’t cover flooding, and they may have limited provisions for wildfires, earthquakes, and other events. Working with one of our dedicated agents ensures you know exactly what your policy covers and where additional protection may be needed.

Additional Policies May Be Needed for Certain Events

Flood coverage requires a separate policy, and you’ll want to ensure that other severe disasters are covered through additional policies or riders (addendums) if they’re not included in your original homeowners coverage. These extra layers of protection not only safeguard your home from risks but also provide peace of mind, allowing you to enjoy your home without worry.

We Can Help You Achieve Peace of Mind

If you’re in the Newport Beach, CA area and looking for home insurance, contact us at Murvay Insurance today. Our agents can provide you with multiple quotes, answer your questions, and help ensure you’re fully protected from natural disasters. With the right coverage, you can focus on spending time with loved ones and enjoying all the area has to offer, knowing your home is secure.

Does My Insurance Cover Stolen Items When My Car is Broken Into?

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Imagine returning to your parked car in Newport Beach, CA, only to find a window smashed and several items missing from the back seat. Will your auto insurance cover the damage and theft? The policies that provide protection might surprise you. The agents at Murvay Insurance can explain how to ensure your car and its contents are fully covered.

Standard Auto Policies Don’t Cover Content Theft

You might assume that the comprehensive part of your policy will cover theft of items left inside your car, but this isn’t the case. Your auto insurance policy will cover vandalism to your car. Comprehensive coverage includes theft, but only the theft of the vehicle itself. So, how do you protect items inside your vehicle?

Homeowner’s or Renter’s Insurance

Check your homeowner’s or renter’s policy that covers your personal items. These policies usually include a provision for items stolen from your personal vehicles. So, if you leave your laptop in your car and someone steals it, you can file a claim under one of these policies. Electronic device insurance may cover items like cell phones and computers.

Special Provisions in Auto Insurance

Some special items, such as an expensive stereo system or a bike rack, may be covered under an auto insurance policy if stolen. However, you should review your policy to see if you have such a provision. If you don’t, your carrier may offer custom parts and equipment coverage to protect vehicle upgrades. Some carriers may also allow you to add a provision to protect items you regularly keep in your car.

Protect your vehicles and their contents with various policies available through Murvay Insurance, serving Newport Beach, CA. Contact our office to get started on your policies.