Author: agentinsure

Who needs to get recreational insurance?

Posted on by agentinsure

If you live in the Newport Beach, CA area, the warm weather and outdoor recreational options can make it a fun and vibrant place to live. When you are in this area of California, investing in a recreational toy could be a great option as it will provide you with a lot of fun and memories. Along with this, you do need to also assess your insurance needs. There are several situations when someone should get a recreational insurance policy.

Those that Want Liability Protection

One situation when you should get recreational insurance is when you want liability protection. Even if you intend to use your vehicle safely and carefully, there is always a small chance that a mistake you make could lead to an accident. If this does happen, it will be put to you to pay for damages. Fortunately, with a recreational insurance policy, you will get the coverage needed to mitigate this risk.

Those that Want to Protect Asset

You will also want to get a recreational insurance policy to protect your asset. Your recreational vehicle is a very important and major asset that needs to be covered as well as possible. If you invest in a full recreational insurance policy, it will include the protection needed to repair or replace your vehicle. This can help to protect your asset and ensure you can enjoy it for a long time. 

Getting recreational insurance in Newport Beach, CA is a good option. When you are in the market for your next vehicle, you should speak with the team at Murvay Insurance. The insurance professionals with Murvay Insurance understand how important this type of coverage is. They can help you determine if this insurance is right for your situation and give you the support and guidance needed to choose a new policy. 

3 Tips for Buying Flood Insurance in Newport Beach CA

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Floods, earthquakes, and possible fires. This is just some of what mother nature can dish out in or around Newport Beach, CA. While your homeowner’s insurance covers fire, it doesn’t cover flooding. You need a separate policy for this. If you are considering purchasing flood insurance, start by following these three simple tips brought to you by Murvay Insurance.

1. Compare Several Quotes

To begin with, compare several flood insurance quotes before making a choice. You’ll want to compare at least three quotes, looking at the fine detail and asking your insurance agent any questions you may have. During the process, make notes of each policy’s coverage amounts and cost and find the best one suited to your needs and budget.

2. Bundle Your Policies

Bundling your policies under one carrier in Newport Beach, CA is a sure way to save money on your monthly premiums. You can add this policy to all the others, including home, life, commercial, auto, RV, and more, to get maximum savings. Shop around among different carriers and make a switch to the one that offers the most savings for the best coverage or bundle under the carrier you already use. Either way, you’ll save money. 

3. Work with a Reputable Agent

To ensure you complete the above two tips to the best of your ability, work with a reputable agent from Murvay Insurance. Our agents are friendly and will go over each policy with you to determine the right one. Having someone you can count on while navigating the insurance industry brings peace of mind and makes what seems to be a daunting task actually enjoyable. To learn more, give us a call today at 949-333-0892.

A Thorough Overview Of Landlord Insurance

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Based in Newport Beach, CA, Murvay Insurance assists California residents by offering different types of insurance policies. We strive to help our clients find policies that will specifically help their individual situations. We hope to establish long-lasting relationships with our clients.

Landlord Insurance

Many landlords in the Newport Beach, CA area enjoy renting out their property. However, many make the mistake of not doing their due diligence in regards to covering their property. If you are renting out your property, landlord insurance helps protect you in the event that your property is damaged by a natural disaster. The policy also covers your property if someone vandalizes it. This is especially important if your property has structures attached to it, such as a garage or fence. Also, keep in mind that if someone were to get injured while visiting the property, you may be held responsible instead of the tenant. For that reason, you should inquire about liability coverage.

The policy includes property coverage so that you will be protected if your furnishings are destroyed. You should be able to get those items replaced. You can also receive lost rental coverage in the event that your property becomes uninhabitable because of a serious issue, such as mold or multiple appearances by rodents.

You can also amend your policy to cover you during special circumstances such as getting into a dispute with your tenant. Other special circumstances may include flooding damage or an emergency construction project. Your property may require different protection if it’s a multi-family unit compared to an apartment.

Consult With Murvay Insurance

If you would like to learn more information about landlord insurance, visit our website today!

What Does Flood Insurance Cover?

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As a homeowner, you may live in an area prone to flooding which may create the need to purchase flood insurance. Flood insurance can provide additional benefits beyond homeowner’s insurance if you’re a homeowner faced with this situation. Our team at Murvay Insurance of Newport Beach, CA understands how devastating flood damage can be. We’re here to help by educating consumers on the benefits of flood insurance.

The ABC’s
Flood insurance is fairly straightforward in that it covers anything in your home or the structure of your home that was damaged as a result of flooding. This can include an overflowing sewer if it occurred as a direct result of a flood. Flood insurance isn’t a part of a homeowner’s insurance policy and must be purchased separately. It is mostly administered through the National Flood Insurance Program/ FEMA and is available in 23,000 participating NFIP communities. 

Flood insurance covers your home or business and its foundation. It will also cover both your electrical and plumbing systems. Your HVAC system is also covered under your flood insurance policy. Damage to appliances is also a covered item. Flood insurance will also cover your furniture, curtains, carpeting, and your personal belongings. Valuables can be covered up to certain limits. You may need to purchase additional insurance or special insurance for coverage if rare or valuable items. Flood insurance also covers the loss of food in your freezers and refrigerators that resulted from water damage to your fridge or freezer. The clearing and cleaning of your property after a flood is also covered.

The Most Common Natural Disaster in the United States
Flooding is a real threat that is fairly common. As a result, flood insurance is a wise investment for anyone who lives in a flood zone or an area that has been known to flood from time to time. Murvay Insurance of Newport Beach, CA understands the importance of educating homeowners about the benefits of flood insurance. Visit us online or give us a call for more information. 

5 Tips for Preparing Your Home for Disasters

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With natural disasters on the rise, it’s important homeowners be prepared at all times. Make sure your home insurance is up to date and provides the protection you need against disasters. Here are a few more tips from Murvay Insurance on how to prepare your Newport Beach, CA home for disasters.

Fortify Your Abode

Keep up with home maintenance that will fortify your dwelling against disasters. This includes your roof, windows, exterior doors, and garage door. An old roof or outdated windows increase your risk of interior damage from severe rain, wind, or hailstorms.

Survey Landscaping

Survey your landscaping to see if large trees or other structures pose a threat to your home in a disaster. Find a safe place to store lawn furniture, potted plants, garden decor, and kids’ toys to avoid these becoming projectiles and causing damage to your home.  

Create an Evacuation Plan

Become familiar with potential disasters that can strike your area and create an evacuation plan for handling each. Your plan should include where to meet in the event you get separated from other family members, a safe location where you can stay, and how you’ll stay in touch.

Pack a “Flee Bag”

Sign up for emergency alerts on your cell phone to receive updates on potential disasters. Have a “flee bag” with basic essentials and important documents ready to go to expedite your escape in a disaster.  

Stock Up on Emergency Supplies

If you plan to shelter in place, make sure you have emergency supplies. This includes bottled water, non-perishable foods, medications, first aid kit, flashlight with batteries, and a portable radio. Keep your cell phone fully charged to communicate with emergency crews or family members when needed.

For the home insurance coverage, you need to protect your Newport Beach, CA home against disasters, contact Murvay Insurance today.

What are the benefits of recreational insurance?

Posted on by agentinsure

Living in the Newport Beach, CA area is a dream for many people. When you are here, you are going to have constant access to recreational activities due to the many nearby beaches. To enjoy the area to the fullest, getting a recreational vehicle or other assets could be a great option. To ensure that your assets are adequately protected, you should acquire recreational insurance policies as it can provide you with a variety of benefits. 

Covers Asset

One of the benefits of getting a recreational insurance policy is that it can cover your asset. Buying any recreational asset will come with a significant investment. If your asset were to be stolen, damaged, or vandalized, you would have to come out of pocket to cover the costs. Fortunately, with a recreational insurance policy, you will have the coverage you need to repair or replace the asset. 

Gives Liability Coverage

You should never underestimate your liability risk when you are going to operate any form of asset. If you are involved in an accident and found to be at fault, you will need to pay for damages. Fortunately, when you get the insurance you need for your asset, you can also receive liability coverage. This will provide you with the protection that you need for liability. 

If you are interested in a new recreational insurance policy in the Newport Beach, CA area, it would be a good idea to speak with the team at Murvay Insurance. Choosing a recreational insurance policy is a big decision and can be complicated. To ensure that you are able to make the best choice possible, Murvay Insurance will help you to identify your risks and help you build a policy that is ideal for your situation. 

Insuring Your Newport Beach Home

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It’s hard to explain the Southern California lifestyle to those in other parts of the country. Still, Newport Beach, CA is an iconic destination point for those wishing to visit the area.  For homeowners who call this beach community home, purchasing home insurance from a trusted insurance broker is the key to protecting your property and protecting your investment.  Here at Murvay Insurance, we make insuring your Newport Beach, CA home easy, so you can leave that house and enjoy the southern California lifestyle.

Insuring Your Newport Beach, CA Home

Home insurance is your buffer against a host of liabilities.  To begin with, a property liability policy will cover damage to your home owing to a range of reasons.  However, you will want to sit down with our Murvay Insurance agents to discuss specific coverage, and whether a standard policy will cover your needs. 

A dwelling policy protects your home against damages caused by the ravages of Mother Nature.  This policy will help you repair your house, should it be damaged.  Typically speaking, flood and fire insurance requires a separate home owner’s policy, and we can certainly make sure that you have the coverage you need in either of those events.

Finally, a comprehensive home insurance policy will protect you against liability claims should someone get hurt or injured on your property.  This coverage will pay for resultant medical expenses as well as any legal fees you might incur if an injured guest decides to sue you and your family.

Contact Our Friendly Team at Murvay Insurance

If you have questions about protecting your Newport Beach, CA property, we have friendly insurance agents looking forward to answering those questions, so you can make the most informed decision possible.  Home insurance is a critical component of your overall financial picture.  As your most substantial investment, you want to make sure that it is safe regardless of the situations thrown at it from fires to injuries to all liability concerns in between, and Murvay Insurance wants to be there with you to help make that coverage a reality.

When do you need auto insurance in California

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Owning a car in the Newport Beach, CA area is a necessity for a lot of people. If you do own a car here, it is crucial to stay in compliance with your insurance requirements. There are several situations when you need to have this coverage.

When Driving on Public Roads

One of the reasons why you need to have auto insurance in this area of California is because it is required by law. In this state, you are obligated to carry liability insurance whenever you drive your car on a public road. This provides assurances that you can pay for any damages that you cause during an accident. Those caught driving without this form of insurance could face a variety of penalties.

When Trying to Protect Asset

Another reason why you need to have auto insurance is that it will provide you with protection for your vehicle. When you own a car, there is a good chance that you will spend a lot of money purchasing it and on maintenance. The last thing that you would want would be to lose this asset due to damage or theft. If you get a full collision and comprehensive insurance policy, it will give you coverage to replace or repair your car when necessary. This form of coverage will also be required if you took out an auto loan. 

Choosing the right auto insurance policy is very important. Murvay Insurance is an excellent resource for any questions that someone in Newport Beach, CA has about auto insurance. When you are looking for a new policy, Murvay Insurance can help you to determine your risk profile and figure out a way to protect you and your vehicle adequately. This will provide you with peace of mind and ensure you are in full compliance with your obligations. 

What Kinds of Businesses Need Commercial Insurance?

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If you’re starting up a new business, one of your questions may be whether you need a commercial insurance policy. The general answer is yes if you have a business. But that’s not always the case, and there are exceptions. That’s why it’s so important to work with us at Murvay Insurance, so you can get the answers and the policy you need for your Newport Beach, CA area company’s security and protection. Insurance can provide you with a lot of peace of mind, but only if you know you’ve got the right policy. You can do that through being an informed consumer, and working with a trusted agent you can rely on. We’re here to help you find the policy that’s going to meet your needs.

Overall, businesses that need a commercial policy are those that are open to the public, and those that have employees on site. If you have a brick-and-mortar establishment, you probably need insurance to protect that physical asset and the people who work for you. If you work online from home, though, you might not need to have any kind of additional insurance policy, beyond your homeowner’s coverage. That can vary if you have a lot of inventory and are selling goods instead of a service. With so many different types of businesses, working with an agent to sort out what’s right for you and carefully consider your options is very important.

At Murvay Insurance, you can get the policy that’s right for you, so you can feel good about the coverage your business has. We want all of our Newport Beach, CA area businesses to succeed, and we’re happy to help you get the protection you deserve. Reach out to us today, and we can get started on finding you a commercial insurance policy that can help keep your business safe and secure.

Does Home Insurance Cover Wind Driven Rain Damage?

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Home insurance is one of the best ways to protect your investment if you purchase a home. It is somtimes a requirement that homeowners have home insurance if they are financing, but even after the home is paid for, it is wise to never let the insurance policy lapse because there are always risks to consider. Without adequate insurance in place, you can incur massive losses as a result of things such as fire, theft, and of course, natural disasters and storms.

What is Wind-Driven Rain? 

Wind-driven rain is rain that causes damage to a home as a result of being pushed into the structure by the wind. This happens during storms such as tornados, severe thunderstorms, and hurricanes. Generally, this type of damage is covered by most home insurance policies. Before selecting a home insurance policy, be sure to ask your insurance agent to explain exactly how each policy is designed to protect against this risk and what the limits of coverage are for storm damages.

Working With a Skilled Agent

The best way to protect a home from storm damage is to have the right type of home insurance in place. Working with an insightful insurance agent is the most effective way to determine which policies work best for a certain situation. They can help clients determine their current needs and match them with insurance providers who can give them complete coverage against a variety of storm-related threats year-round. People who live in the Newport Beach, CA area can count on Murvay Insurance to work with them to find solutions to their insurance needs. 

Call or stop by the Murvay Insurance office today to speak with an agent about home insurance options. We look forward to serving residents of Newport Beach, CA to help protect their home.