Does Renters Insurance Only Cover Items in Your Apartment?

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In our Voi Insurance Solutions LLC blog, we’ve covered a variety of topics about how your renter’s insurance policy protects the items inside your leased Glendale, CA, home. Your policy can also protect items you store offsite. Let’s explore how you can make your renter’s policy work harder for you.

Offsite Items Enjoy Coverage

Like other forms of home insurance, renters’ coverage covers items owned by the policyholder but kept offsite. For example, items stored in a storage unit also receive coverage. The policyholder should ask their insurance agent if they need to list offsite storage specifically in the policy documents.

Insuring the storage unit items requires an inventory, just as each policyholder needs to make an inventory of their belongings in their home for their homeowner’s insurance policy. Your insurance agent may suggest insuring most items in bulk but scheduling coverage for more expensive items. For example, if you store jewelry that you rarely wear, your insurance agent may suggest adding a rider to your renter’s coverage for jewelry. It applies to the jewelry whether you keep it in your apartment, house, or storage unit.

Storage Unit Policies from the Storage Facility

Some storage facilities require renters to purchase a policy from them. Please read the policies carefully because many of them include limited coverage. Even if you purchase this coverage, it’s a good idea to list the storage items on your renter’s insurance that cover your home.

Find the Solution That Protects Your Belongings

Contact Voi Insurance Solutions LLC today for a renter’s insurance review. Let us help you protect your belongings in your rented Glendale, CA, home and your storage unit, wherever it may be.

Why Umbrella Coverage Increases in Importance as a Person Ages

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Your agent at Voi Insurance Solutions LLC may suggest an umbrella policy when you reach 40, even if you’ve declined it before. This isn’t due to stubbornness. We want all of our Glendale, CA, clients to have the financial security that comes with adequate coverage.

The Significance of an Umbrella Policy

Umbrella insurance is a secondary policy that provides additional liability coverage once your primary policy has been exhausted. Carrying it ensures that you won’t have to pay out of pocket for a settlement. An umbrella policy applies to all primary policies a person holds, so financially, it doesn’t matter whether a person with an umbrella policy causes a car accident, a boating incident, or if someone falls at their home and sues for medical costs.

The Role of Age

The need for umbrella coverage increases after the age of 40. Without it, people would have to pay a liability settlement out of pocket, leaving them less time to replenish their savings or retirement fund. If a 25-year-old caused an accident and only had auto coverage, they might have to pay a portion of the settlement out of pocket.

For instance, to pay a $100,000 settlement, they might have to empty their retirement fund. But they have 40 years to repay themselves, so this doesn’t pose a problem. Now, imagine the same situation with a 40-year-old. This individual now only has 25 years to repay themselves. A person who causes an accident is liable for all injured parties.

Incurring a liability at 60 years of age without adequate coverage could deplete a nest egg, but with umbrella coverage, it never negatively impacts the person’s finances.

Contact Us Today

Don’t get caught without umbrella coverage, Glendale, CA, residents! Call or email Voi Insurance Solutions LLC today to set up your policy. Let us help you safeguard your financial security.

Are There Different Types of Flood Insurance and What Do They Cover?

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Understanding Flood Insurance: What You Need to Know

For residents living in a flood zone in Glendale, CA, having appropriate insurance coverage is a crucial step in protecting their property and other assets. With help from Voi Insurance Solutions LLC, we can discuss the types of flood insurance policies and the benefits of having coverage that fits individual situations.

Who Needs Flood Insurance?

Flood insurance isn’t just for homeowners. Those living in an apartment, condominium, townhouse, permanently affixed mobile home, or running a business can also get coverage. Flood insurance is important if your home or business is in a high-risk area. Even if your area is designated as low-risk, it is still beneficial to have coverage.

Types of Flood Insurance in Glendale, CA

There are three types of flood insurance policies:

  • Business Owners
  • Homeowners
  • Renters

Business Owners

Commercial flood insurance provides added protection for a business owner’s building, equipment, inventory, and furniture.

Homeowners

Flood insurance coverage for homeowners is separate from a homeowner’s policy, which typically does not include flood coverage. With flood insurance coverage, both the building and its contents are covered.

Renters

Renters also benefit from having flood insurance, which protects the contents of their rental homes. These may include clothes, electronic equipment, furniture, TVs, and more.

What Flood Insurance Does Not Cover

Flood insurance policies in California do not cover everything. While the building is insured, things outside the building, such as a patio, pool, fencing, etc., are not covered. Cars, campers, and travel trailers are also not included in flood insurance coverage.

Some of the areas and items that are excluded include:

  • Paper currency
  • Precious metals
  • Contents stored in a basement
  • Valuable papers
  • Mold or mildew damage
  • Septic systems

Contact Us

Contact our agents at Voi Insurance Solutions LLC and let us help you be prepared for unexpected flood situations.

Biggest Floods in Global History

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Floods are among the most destructive forces on Earth. While a powerful tornado can wipe out a community, floods can devastate entire regions. We’ll delve into the history of floods worldwide. If you own a home or other property, it’s wise to consider flood insurance policies. If you’re looking for insurance agents who can assist in Glendale, CA, contact Voi Insurance Solutions LLC.

A Brief and Tragic History of Flooding

Tragically, the 1887 Yellow River Flood in China may have cost up to 2 million lives, making it the second deadliest recorded flood in history. The deadliest? The 1931 China floods, which may have cost more than 4,000,000 lives. However, it should be noted that most deaths were likely caused by the famines that followed.

Looking further back in time, the 13th-century flood in St. Lucia, in the Holy Roman Empire, is believed to have caused more than 50,000 deaths. More recently, in 1949, the Eastern Guatemalan floods are believed to have resulted in roughly 40,000 deaths. The 2022 Pakistan floods, meanwhile, cost over 1,700 lives, demonstrating just how devastating floods are even in modern times.

The United States has been a bit more fortunate and has not suffered floods on quite the same scale. That said, floods have caused billions in damages and have claimed many thousands of lives. The Johnstown Flood in Pennsylvania in 1889 cost over 2,200 lives, while the Galveston Storm of 1900, which was accompanied by heavy flooding, is believed to have claimed 8,000 lives.

Floods remain a major threat, and while death tolls have generally trended downward, property damage can quickly soar into the billions. Homeowners and other property owners should ensure that the appropriate flood insurance policies cover them. If you need help selecting a flood policy in Glendale, CA, contact Voi Insurance Solutions LLC.

Protecting Your Condo from Common Disasters: Fire Safety, Water Damage Prevention, and Burglary Deterrents

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Living in a condo offers convenience and community, but it also comes with unique risks. At Voi Insurance Solutions LLC in Glendale, CA, we know how important it is to safeguard your space. Let’s explore some practical ways to protect your condo from fire, water damage, and burglary.

Fire Safety

Fire is one of the most common threats to condo owners. Start by ensuring that smoke detectors are installed and functioning properly. Replace batteries regularly and test alarms monthly. Consider keeping a fire extinguisher in the kitchen and familiarize yourself with its use. Simple habits like not leaving cooking unattended and avoiding overloaded electrical outlets can significantly reduce fire risks.

Water Damage Prevention

Water damage can be costly and disruptive, but a few preventative measures can help. Regularly inspect plumbing for leaks and ensure that seals around windows and doors are intact to prevent seepage. Installing water sensors near potential leak sources like dishwashers and water heaters can provide early warnings. Also, know where the main water shut-off valve is in an emergency.

Burglary Deterrents

Securing your condo against burglary requires a mix of technology and awareness. Invest in a reliable security system or smart doorbell camera. Good lighting is a deterrent, so ensure entryways are well-lit. Always lock doors and windows, even when you’re home. Building a rapport with neighbors can also create a community watch environment.

Get a Quote For Condo Insurance Today

Protecting your condo doesn’t have to be overwhelming. With the proper precautions, you can enjoy peace of mind. At Voi Insurance Solutions LLC in Glendale, CA, we’re here to assist you with all your condo insurance needs. Contact us today to learn more about how we can help you.

How Much Earthquake Coverage Should You Have?

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Located in the San Fernando Valley, Glendale is a mid-sized city in Southern California. It is known for its beautiful weather and serving as a production center for the film industry. It is also in an area known for frequent earthquakes. California residents generally experience hundreds of yearly earthquakes large enough to be felt. If you live in or near Glendale, CA, you may be wondering how much earthquake coverage you should have.

What Type of Earthquake Insurance Is Available?

In California, there are different types of insurance coverage available. There are California Earthquake Authority (CEA) policies, Earth Movement coverage that sometimes also covers tsunamis, and private insurance options.

How Much Earthquake Coverage Should You Have?

When determining how much coverage is necessary, there are a few points to keep in mind. It’s important to note that standard homeowner insurance usually excludes earthquake damage coverage. You’ll want to choose a policy that explicitly offers earthquake coverage.

Earthquake policies can offer different coverage. Some policies cover dwellings, such as your home. Other policies might cover personal belongings or even temporary living costs if your home is damaged. You’ll need to decide what exactly you want covered.

Why Choose Vio Insurance Solutions LLC in Glendale, CA?

When deciding how much earthquake insurance you need, you’ll want to partner with an experienced independent insurance company. At Vio Insurance Solutions LLC, we offer a range of coverage options and are a full-service independent agency. Contact us at Voi Insurance Solutions LLC today for more information.

How Term Life Insurance Works

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Term life insurance is one of the two main types of these policies. The other type, whole life insurance, is popular due to its advantages, such as no expiration date. However, term life insurance is also popular, and that’s because it has a major advantage of its own. It’s important to have a life insurance policy to protect your loved ones. If you need a life policy, call us at Voi Insurance Solutions LLC in Glendale, CA to learn more and get started. 

The Expiration Date

Term life insurance has this name because it stays in force for a specific term. It may be 10 years, 20 years, etc. The policy stays good throughout this specified term. At the end of it, the policy will expire. It will no longer be in force, and you’ll not be covered unless you have another policy. Once this happens, you can apply for a new policy to start a new term or get a whole life policy if you need more coverage. 

Benefits of Term Life Insurance 

A term life policy doesn’t build up a cash value like whole life policies do. However, term life policies have the major advantage of being highly inexpensive. They are popular because they cost a fraction of what a whole life policy costs. For people on a tight budget, getting a term life policy is often the only way that life insurance is affordable. It’s always a good idea to have life insurance, so if you can’t afford a whole life, term life is a great way to make sure you’re covered. 

Get a Term Life Policy in Glendale, CA

Call us at Voi Insurance Solutions LLC in Glendale, CA to get started with a term life policy. We’re here to help you get started. 

Does Auto Insurance Cover Rentals? Voi Insurance Solutions LLC

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If an auto accident happens, your life must go on as planned. At Voi Insurance Solutions LLC in Glendale, CA, we understand the importance of having a rental car to keep you on the road while waiting for your vehicle’s repair. Discover more about rental coverage below.

How Does Rental Coverage Work With Auto Insurance?

Rental coverage can sometimes be a source of confusion within auto insurance, but understanding its complexities is critical to maximizing your protection. When an accident or theft renders your vehicle undrivable, rental coverage fills the gap. Depending on your policy, this coverage typically allows you to rent a vehicle that meets specific criteria.

A critical but often overlooked aspect is rental reimbursement’s daily and total limits. Some policies limit rental expenses daily and establish a maximum payout period. Awareness of these limits is crucial because costs can quickly exceed coverage, leaving you out-of-pocket. We are here to weigh your options and clarify your coverages in case of the unexpected. Our top priority is to ensure our customers’ satisfaction with all our policies.

Contact Voi Insurance LLC in Glendale, CA, for Auto Insurance

Rental coverage is a crucial part of auto insurance. You can have peace of mind knowing you’re covered with a policy from Voi Insurance LLC. We proudly serve the Glendale area with comprehensive and affordable auto insurance. Contact us today to learn more about auto insurance and rental coverage.

We look forward to helping you.

What Is Workers’ Compensation Insurance?

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If you regularly read the Voi Insurance Solutions LLC blog, you will know we’ve mentioned workers’ comp in two blogs. However, today, we’re going to dive deeper into this topic. If you own a business in Glendale, CA, this blog will explain how workers’ compensation insurance works and whom it protects.

Who Must Buy Workers Compensation Insurance?

Every U.S. state has its guidelines for workers’ comp insurance. Some states allow very small businesses with only a few employees to forgo buying workers’ comp policies. However, in California, every business that employs someone, be it part-time or full-time, must purchase workers’ compensation insurance.

What Does Workers Compensation Insurance Do?

Each state maintains a workers’ comp program that ensures employees who are injured on the job or who develop an illness from workplace exposure can get medical and rehabilitative care. These programs also provide partial pay for the employees while they recover.

The workers’ comp insurance policies purchased by California’s employers ensure that funds for these expenditures are readily available. When an employee has an accident at work, they file a claim for workers’ comp. The state program administers the program. Your workers’ comp insurance covers your employees, not others’ employees.

How an Employee Accesses Benefits

When an employee gets hurt on the job, they need to notify their employer immediately. After seeking initial medical treatment, they file a workers’ comp claim. They typically file this claim with a representative at their workplace and the state program, who files additional paperwork with the state program. The workplace has to complete part of the form promptly. According to the Department of Industrial Relations of California, a claim should be filed within 14 days following the injury.

When an employee agrees to accept workers’ compensation benefits, they surrender the right to sue their employer for damages. In cases of serious injury that prevents a complete recovery, workers’ compensation can make settlement or disability payments.

Contact Us Today

If your Glendale, CA business plans to hire employees, contact Voi Insurance Solutions LLC for workers’ compensation insurance. It’s state law to have this crucial type of commercial insurance. Allow us to help you maintain your compliance.

Which Disasters Are Covered by Home Insurance from Voi Insurance Solutions LLC

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As homeowners, we diligently protect our most valuable asset against many potential risks. From natural disasters to unexpected accidents, the need for comprehensive home insurance coverage is essential in safeguarding our investments and providing peace of mind. In a world where uncertainty looms, understanding the extent of protection your insurance policy offers becomes paramount. At Voi Insurance Solutions LLC in Glendale, CA, we know how important protecting your home from disasters can be.

Which Disasters Are Covered by Home Insurance?

Home insurance is a crucial safety net, but understanding which disasters it covers is essential for homeowners looking to protect their investments. While policies vary, most standard home insurance plans typically cover damages caused by fire, hurricanes, tornadoes, and lightning strikes. However, due to their specific nature and higher risk factors, floods and earthquakes often require separate policies or riders.

Not all water-related damages are covered under standard home insurance. For instance, your policy may not include issues stemming from poor maintenance or gradual wear and tear. Additionally, many homeowners are unaware that wildfire coverage differs depending on the property’s location. By delving into the specifics of what disasters your home insurance covers, you can ensure adequate protection against potential risks beyond the basic offerings of a standard policy.

Contact Voi Insurance Solutions LLC in Glendale, CA for Homeowners Insurance

If you are looking for homeowners insurance in the Glendale area, Voi Insurance Solutions LLC professionals are here to help. Contact our offices today to book an appointment and learn more about how we can help you secure comprehensive and quality insurance.