How to Lower Your Homeowners Insurance Premium

Hi 🙂

You’ve worked hard to get where you are, owning a home is no small feat. Buying a home comes with property taxes, down payments, mortgage payments, closing costs, possible HOA fees and more. There are many steps that come with buying a home, but if there is one step you shouldn’t have to worry about, it’s Homeowners Insurance.

Do you know the difference between your home’s market value and it’s true cost? Read more on that here.

If you are a client of Stromsoe Insurance Agency, you’ve already made one huge step towards the right protection and savings! The beauty of using an independent insurance agency, is that we do the shopping around for you.

For your consideration if you haven’t checked with our total protection team, here are 7 ways you might be able to lower your homeowners insurance premium:

  • Know the difference between your home’s market value and it’s true cost
  • Improve your home’s ability to withstand disaster
  • Remove hazardous items, like trampolines or diving boards, from your property
  • Install or upgrade your home’s security system
  • Know the difference between routine maintenance and the need to file an insurance claim. Always call your independent agent first !
  • Stick to one insurance company, bundling your policies will often lead to discounts, deductible and coverage benefits and more
  • Understand your policy; if you have any questions about your coverage or ways you can lower your risk, ask your local independent agent who works for you first !

Do you know what its time to file a claim on your homeowners insurance? Read more on that here.

Standard homeowners insurance offers protection against a variety of hazards to your house, unattached structures, personal property, loss of the use of your home and personal liability coverage. Whether  a small part of your property is destroyed or your entire house is demolished, coverage on your homeowners policy kicks in to help pay to repair and replacement so you’re made whole again after an unexpected loss.

Questions? Want to learn more?

Here’s 4 easy ways to reach us:

Phone: 951-600-5751
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com

PS Here’s a few words from a homeowner that trusts Stromsoe Insurance Agency:

“Stromsoe team was proficient, knowledgeable, responsive and friendly. They took care of our needs immediately. Very, very pleased with Sarah, this coming from a full time real estate broker of 48 years. I deal with a lot of people and this is a sincere statement about our business experience with Stromsoe Insurance Agency. Please share our sentiments with others. Thank you.

Skip & Holly Davis – Temecula, CA – Client Since 2018

PPS Every policy is backed by our iron clad, 100% complete satisfaction guarantee. Below is a link with all of the details:

Complete Satisfaction Guaranteed with Every Policy

Independence Day Recipe: Potato Salad!

Ingredients:

  • 2 lbs Yukon gold potatoes, cut into bite-sized pieces
  • 1/2 cup roughly chopped green onions
  • 3 stocks, chopped celery
  • 4 eggs (hard boiled)
  • 1 cup creamy mayonnaise
  • salt & pepper (to taste)
  • handful of dill, chopped (optional)

To replace Mayonnaise

Bacon Ranch Potato Salad: 16 oz sour cream or Greek yogurt mixed with 1 packet ranch seasoning, 1 1/4 cups bacon, 1 1/2 cups shredded cheddar cheese and 1/2 cup chopped red onion

Olive Oil & Herb Dressing: Blend the following in a small food processor – 1/4 cup olive oil, 2 tsp Dijon mustard, 2 tbsp fresh lemon juice, 1/4 cup reserved cooking water mixed, 1/3 cup lightly packed, roughly chopped fresh parsley and 2 cloves, roughly chopped garlic. Drizzle over potatoes and let rest for 10 minutes, gently tossing every few minutes.

Directions:

  1. Boil eggs
    1. Cover the eggs in a saucepan with water
    2. Heat the pot on high heat and bring the water to a full rolling boil, turn off the heat
    3. Keep the pan on the hot burner, cover, and let sit for 10-12 minutes
    4. Strain the water from the pan and run cold water over the eggs to cool them quickly and stop them from cooking further.
  2. Cover chopped potatoes by 1 inch with cold water. Bring to a boil over high heat, then reduce heat to medium-low and cook until potatoes are easily pierced by a paring knife and pulled out with little resistance, about 5 to 6 minutes.
  3. Once potatoes are done cooking, put them in a bowl to cool in the refrigerator for 2 hours. While potatoes are cooling, chop green onions, celery, hard boiled eggs and dill.
  4. Once the potatoes are cooled, mix all ingredients. Cover and refrigerate until you’re ready to serve. This salad is best served within a few hours, but will keep in the refrigerator for about three days.

Prep Time: 20 min    Cook Time: 30 min    Cool Time: 2 hr
Yields: 6 side servings

 

For more Independence day recipe ideas visit:

https://www.allrecipes.com/recipes/191/holidays-and-events/4th-of-july/

What is Business Insurance?

If you only take away one thing from this post, let it be that you should make sure your coverage is the right fit for you and your business before disaster strikes.

The purpose of business insurance is to minimize the financial risk that comes with running a business. Whether you’re running a company on your own or building a seven-figure or more empire with hundreds of employees, your business carries certain risks.

When it comes to commercial insurance, there are six key, main categories:

  1. General Liability Insurance – this will protect your business for anything it’s legally obligated to pay for due it’s business operations
  2. Product Liability Insurance – this would help with a financial loss due to a defect in product
  3. Professional Liability Insurance – negligence, malpractice or errors when providing your service would be covered by this
  4. Commercial Property Insurance – inventory. equipment, tools, machinery or buildings owned by your company would need this
  5. Workers Comp Insurance – provides wage replacement and medical benefits to employees injured in the course of employment
  6. Commercial Auto Insurance – Vehicle insurance providing liability, uninsured motorists bodily injury, medical payments, comp and collision coverage, rental benefit, hired and non-owned auto liability and physical damage and more….all designed to protect your business

If you run a business, it’s safe to say that you will need business insurance. This may seem like just another cost, but you might find it’s not as much of a dig in your budget as you might expect. If you are a client of Stromsoe Insurance Agency, you’ve already made one huge step towards savings! The beauty of using an independent insurance agency, is that we do the shopping around for you.

Here are some of the claim scenarios businesses have been sued over from our industry claim journals:

  • At Oktoberfest, an intoxicated person did the chicken dance on a table. He fell off, broke his arm, and sued the city! He won an undisclosed amount. Now you know where to get your next “accidental” injury!
  • Convenience stores are a target. During a drive-by shooting, a person pumping gas was shot and sued the store.
  • People fighting in a parking lot get injured and sued the store. Talk about misplaced anger.
  • One winter, there was an icy parking lot. A man slipped, fell, and injured himself. He then sued the store for not clearing the ice, despite winter weather warnings nationwide. Convenience stores don’t have it easy!
  • In a correctional facility, a day visitor and an inmate were getting cozy on a picnic table. The table broke, injuries were sustained, and the prison was sued.
  • A consumer bought frozen raspberries and laid them on her kitchen counter to thaw. The package leaked and her countertop got stained. She then sued the food packaging company and ended up with all-new kitchen counters!

Bottom line: Make sure to partner with your local, independent insurance agents who cares about you to make sure you understand how to insure your business so you leave nothing to chance —  raspberry stains and all.

Questions? Want to learn more?

Here’s 4 easy ways to reach us:

Phone: 877.994.6787
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com

PS Here’s a few words from one business owner that trusts Stromsoe Insurance Agency:

“AMAZING Staff, Service and Protection! I wouldn’t trust my business insurance to anyone else! Thank you for always looking out for me!”
Dione Moser – Co-Working Connection and Impact Marketing – Murrieta, CA – Client Since 2013

PPS Every policy is backed by our iron clad, 100% complete satisfaction guarantee. Ask for your copy today!

Celebrating Father’s Day While Social Distancing

Father’s Day is upon us! Coming off of quarantine, many are still anxious about being out and about, but that doesn’t have to stop you from having the best Father’s Day celebration! Here are 4 things you can do to celebrate the fathers in your life, while still social distancing.

Spend Some Time in Your Backyard

  • Pack a picnic full of dad’s favorite things and a comfy blanket to sit on
  • Play some yard games like bowling with plastic bottles or bean bag ladder toss – all you need is a ladder, Ziploc bags full of beans or sand, and a way to keep track of points
  • Set up your tent for camping or throw pillows in an empty inflatable pool for stargazing

Focus on the food

  • Make some fondue and dip the entire kitchen sink in cheese (you can get a fondue pot for under $40 on Amazon!)
  • Surprise him with his favorite meal
  • Have an at-home wine tasting with a killer cheese board
  • Dad isn’t a fan of wine? Try an at-home beer tasting instead
  • Make a big breakfast with all of his favorites
  • Grill dinner outside
  • Dessert taste test

Do an Indoor Activity

  • Pull out the board games and show dad who’s boss
  • Take an online cooking class and then enjoy the fruits of your labor
  • Work up a sweat and do an online workout class together
  • Build something together or finish a project around the house
  • Settle in with some popcorn and candy for a movie night
  • Let him go for an online shopping spree
  • Digitally walk through a museum (from the Guggenheim Museum in New York to the Van Gogh Museum in Amsterdam, you can experience some culture from the comfort of your own home!)

Spend Time Outside

  • Go for a hike or a walk around the neighborhood
  • Go fishing and catch your own dinner
  • Feel the wind in your hair and go for a bike ride

How to Lower Your Auto Insurance Premium

Your car takes good care of you. It’s more than getting from point A to point B, it keeps you warm on your way to work on a cold morning, gives you a place to feel safe after speed walking through a dark parking lot, and lets you dry off after quickly tossing your groceries in the back on a rainy day.

You do your best to take care of your car by giving it the expensive gas, keeping (mostly) up-to-date on your oil changes, and best of all, getting great car insurance to protect it! Taking care of your car can be expensive, but insuring it doesn’t have to be.

If you are a client of Stromsoe Insurance Agency, you’ve already made one huge step towards saving on your car insurance while receiving top-notch protection ! The beauty of choosing an independent insurance agency, is that we do the shopping for you, we are not beholden to any one insurance company, therefore we work for YOU!

Here are 5 other ways you can lower or control your car insurance premium:

  • Buy a car with a high safety rating – multiple air bags, ABS and anti-theft systems can bring down quotes from insurance companies
  • Increase your deductible for comprehensive and collision coverage
  • Drive safe to lower or eliminate your number of accidents and tickets
  • Stick to one insurance company, bundling your policies can often lead to discounts
  • Keep in touch with your agent annually or as often as possibly to update your coverage, your mileage and any other rating factors
  • Understand your policy coverage and rating factors; if you have any questions about your coverage or ways you can lower your risk, ask your agent!

 

Questions? Want to learn more? Here’s 4 easy ways to reach us:

Phone: 877.994.6787
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com

PS Here’s a few words from people that trust Stromsoe Insurance Agency:
“SIA has helped my husband and I find the lowest rates for our car, home and business insurance. We are very happy with the service that SIA provides us. We would like to thank Cherie Wachel, but specially Shauna Smith who is always very helpful and very nice, she always has the perfect answer for all of our questions. Thanks.”          Luz Ma Silver – Silver Cleaning – Client since 2005

PPS Every policy is backed by our iron clad, 100% complete satisfaction guarantee. Ask for your copy today!

Do Today, Be Glad Tomorrow

Benjamin Franklin once said, “Don’t put off until tomorrow what you can do today.” It’s good advice in general, but with the uncertainty of the times right now, many of us have some extra time to put those words into action. When we work toward a goal and complete it, it gives us a sense of accomplishment. We are proud of the work we have done and are happy to cross if off our to-do list.

Also, taking the initiative to work on a project gives us a feeling of control. At a time like this, it might be beneficial to get in the driver’s seat and take on or finish a project.

We’ve got some ideas below if you need a little inspiration!

  1. Plant Seeds – in 30-60 days you can have a flower or vegetable garden
  2. Clean Out Your Closet – donate your used clothing and find clothes you forgot you had
  3. Meal Prep – cook healthy meals now and store for later
  4. Relax – read a book, play with your dog, practice yoga, take a nap, hug your family

Questions? Want to learn more?

Here’s 4 easy ways to reach us:
Phone: 877.994.6787
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com

PS Here’s a few words from others that trust Stromsoe Insurance Agency:

“Stromsoe Insurance Agency is a local company that I would highly recommend.  I’ve been a customer since 1997 and have always received prompt, courteous service and their rates are consistently very competitive.” Brad Moran – Temeku Painting and Decorating – Winchester, CA – Client Since 1997

PPS Every policy is backed by our iron clad, 100% complete satisfaction guarantee. Below is a link with all of the details:

Complete Satisfaction Guaranteed with Every Policy 

Why Do I Need Business Insurance if I Work from Home?

When you are a home-based business, it’s common to think that skipping out on business insurance will be no big deal. In fact, you may love the lowered overhead. Skipping business insurance opens you and your business for financial disaster.

Working from home doesn’t take away your risk, and your homeowners policy likely does NOT protect you and your business for it’s legal liability and more. Business insurance can protect you and your business in many situations. For example:

  • A client gets injured while visiting your business in your home and you are responsible for their medical bills.
  • A service you provide is delayed and your client suffers a financial loss.
  • Your business has a data breach which costs you thousands.
  • The inventory you store in your home is damaged and your homeowners policy won’t cover the cost to replace it.
  • You post something on your business blog and social media and someone files a lawsuit because of an error you posted.

Protecting your home-based business from claims of bodily injury, property damage, or even lawsuits is crucial to its success, growth and financial well being.

Questions? Want to learn more?

Here’s 4 easy ways to reach us:

Phone: 877.994.6787
Email: insure@siaonline.com
Text: 951-482-8144
Web: www.siaonline.com

PS Here’s a few words from a client that trusts Stromsoe Insurance Agency:

“Simply the best! A combination of friendly and competent! They always have our best interests at heart.
Due to a recent move, we needed significant assistance from Stromsoe Agency. They continue to be outstanding. They have been our agency since we moved to CA in 2004 for ALL of our insurance. Excellent as always!”   Holly & Steve Suhi – Temecula, CA – Client Since 2004

PPS Every policy is backed by our iron clad, 100% complete satisfaction guarantee. Ask for your copy today!

5 Types of Insurance a Millennial Should Have

When you’re trying to figure out how to budget your life, it seems like a no-brainer to lower or all together leave out insurance in order to save money. However, when push comes to shove, you’ll be glad you’re protected. A monthly payment may seem like a drain to your paycheck, but the alternative is an exorbitant bill down the line!

If you’re concerned about cost, the best money saver is shopping around, and if you are a client of Stromsoe Insurance Agency, you’ve already made one huge step towards savings! The beauty of using an independent insurance agency, is that we do the shopping around for you.

Here are the 5 types of insurance every millennial should have:

#1 Car Insurance

While car insurance is required, the amount of coverage you carry is a great deal up to you. There are 3 types of auto insurance:

  • Liability
  • Collision
  • Comprehensive

Liability is often the minimum insurance you need to be a legally insured driver, but collision and comprehensive are where you have some freedom. Collision involves coverage for repairs to your vehicle that need to be made as a result of a traffic accident, no matter who is at fault as well as property damage and any damage to the vehicle that is a result of collision with trees, buildings, etc. Comprehensive is coverage that includes replacement of the vehicle if it is stolen or damaged by natural disasters. While changing your collision and comprehensive can change your premium dramatically, it can also be the difference in your claims experience after an accident or theft.

Want to read more on how you can lower your car insurance premium? Check it out here.

 

#2 Renters/Homeowners Insurance

In short, tenants need insurance to cover their belongings. You, as a renter, will not own the building in which you live, and you are unlikely to insure that. On the other hand, the belongings inside your rental are likely important to you. One reason to have insurance for the tenants is to have protection for your personal property.

For example, renters could provide coverage in the event of:

  • A kitchen fire. A renters policy could help with the costs to replace items destroyed in the fire. If your place can’t be lived in while repairs are being done, renters insurance may also provide coverage for a place to stay, meals and related expenses.
  • A burglary. Renters insurance could help with the costs to replace the covered stolen items.
  • A guest falls and gets hurt. The personal liability coverage included in a renters policy could help with the payment of medical bills or other expenses related to the accident.

Take a look around before you decide you don’t have enough stuff to get lost in a fire, or what you have isn’t likely to get stolen. You might see more items that are costly to repair than you would expect. A smartphone, designer handbag, professional chef’s knife kit, new laptop are all widely used high-ticket pieces, for example, that you may have in your rental. How about antique china from your grandmother? Even the cost of replacing all of your clothes might cost you quite a dent.

 

#3 Flood Insurance

No home is entirely free from potential flooding. When a single inch of water in a home can cost more than $25,000 in damage, the difference between recovery and financial ruin can be flood insurance.

 

#4 Umbrella Insurance

Purchasing an umbrella policy is an inexpensive way to protect your financial future or established assets. Personal umbrella insurance kicks in when your base policy limit is not sufficient. It covers you beyond the limits of homeowners insurance, auto insurance, watercraft or other personal insurance policies.

 

#5 Life Insurance

Life insurance is about protecting the living and buys time and options when an income earner passes. If you have any dependents, life insurance will allow them to avoid making dramatic decisions while they may not be emotionally ready to do so effectively. Life insurance policies can be very affordable and give financial security to your loved ones should you no longer be around to provide it.

Limiting Screen Time during Isolation

Nearly every parent knows the familiar frustration of hearing, “I’m bored.” Many children today are used to constant stimulation and a jam-packed schedule to keep them busy. But now, with the dangers of COVID-19, many families are practicing social distancing to stay as healthy as possible.

While at home, you AND your children may start to go stir-crazy. It is important to provide your children with activities that do not solely consist of screen time. It may seem like the easy answer to hand them an iPad and go about your day. However, with so much downtime, it could easily foster unhealthy habits.

Here is a list of activities to do with your kids that don’t involve staring at a screen:

Read a book

There’s no better way to inspire imaginative learning than getting lost in a good book. This activity is both fun and educational. Now is probably a good time to kick off a multi-book series to keep kids occupied for hours on end.

Draw, paint, and try out other crafts

Nurture your child’s inner Picasso and set up an hour or more dedicated to making art. Break out the paints, crayons and colored pencils, clay—whatever medium your child most prefers—to encourage creative self-expression. Art is also therapeutic and could aid an anxious child during these trying times. Be sure to clear off your fridge to make room to showcase their new pieces!

Learn how to bake or cook

Now is the perfect time to dust off those old recipe books and hunt for some kid-friendly dishes. Teach your child about the different ingredients, baking or cooking process, and the sweet results of working hard in the kitchen.

Teach them common household chores

No child will be immediately thrilled with the idea of putting down their tablet to do chores. However, this could be a great time to teach them the proper way of doing things and instilling the habit of completing these tasks. Start with something easy, such as sorting laundry, making the bed, feeding pets, sweeping small areas, or wiping down surfaces. Doing so can often be a good time to discuss why cleanliness is so important during a virus outbreak.

Play board games

Countless memories can be made while having a family game night. Choose a game to play, such as something simple, like Chutes and Ladders or Candy Land, something a bit more complex like Clue! or Monopoly, or a good old-fashioned card game like Spades or Go Fish. Your child will learn a fun new game and, the best part? You will probably have a great time playing with them!

Engage in exciting science projects

If you’re looking for a STEM-related activity for your child, think about conducting some science experiments with them. Some experiments like Tornado in a Bottle, Diet Coke and Mentos, and Most Absorbent Paper Towels, and more can be done from the comfort of your own home (though you should probably take any messy activities with explosions to the back yard!).

 

With the CDCs advising social distancing, there’s a pretty big chance you will be spending a lot of time at home with your children. Why not engage in fun and educational activities that will have a positive impact on children—and parents alike!