What is Umbrella Insurance and How Can it Help Protect Your Business?

If you are a business owner in the greater Astoria, OR area, it’s time to find out more about umbrella insurance and how it can help protect your business. Linda Dugan Insurance is here to answer all of your questions and help you determine if an umbrella policy makes sense for your company. Owning a business takes a lot of hard work and dedication, and it’s important to protect all of your efforts. 

Umbrella Insurance Basics

Primary commercial policies have limits that once met render the coverage exhausted. If your company suffers a covered event that maxes out your policy maximums, you or your business can be held liable for any excess damage.

Depending on the ownership structure of your company, both your and business and your personal assets can be affected. It makes sense to have the necessary protection in place, should the primary policy be exhausted. This type of coverage is especially important for public-facing companies that may have to deal with slip and fall suits, or that have the potential for business-related liability. Don’t wait until it’s too late to find out that the policy limits on your property insurance policy are insufficient to meet all of your liability and coverage needs. 

Umbrella insurance is an effective tool to protect all of your hard work and to ensure that your company can weather the storms that come its way. Find out more about the benefits of commercial umbrella policies today, and rest easy knowing you have the protection you need.

Ready to learn more about umbrella insurance and how it can help protect your Astoria, OR area business? Give Linda Dugan Insurance a call today and set up a consultation to learn more. We are here to help!

Is Health Insurance Legally Required?

While the Affordable Care Act did a lot of good for a lot of people, the fees that we had to pay for not having health insurance, when health insurance wasn’t always affordable, was one of the less popular features of the Act. That fee has been removed at a federal level, but where does that leave mandatory health insurance in Astoria, OR?

Long story short: You’re not required to carry any health insurance whatsoever on an individual level. Mandatory health insurance was never mandatory in the same way as, say, auto insurance, where you’re simply not allowed out on the street without it. Rather, you had to pay an extra tax as an incentive to get covered. Many states still have some form of taxation in place for people who do not carry health insurance, but Oregon is not one of those states. If you live in Astoria, OR and you don’t want health insurance, you don’t have to buy it.

But, it’s a different story for employers.

With under fifty employees, you can offer health coverage to your employees at your discretion. With fifty employees or more, working full-time or equivalent hours, you are required to provide health insurance for your team.

In short: On an individual level, nobody in Oregon is going to be required to buy health insurance. But employers with fifty full-time staff members or more will need to get their team covered.

That said, it’s not a great idea to go without health insurance. Get in touch with us at Linda Dugan Insurance and we’ll compare quotes to get you the coverage that you need. You want to make sure that you’re covered if something happens, so call us or go to the Linda Dugan Insurance website and let’s see what we can do for you.

Will my Oregon business benefit from commercial insurance?

The state of Oregon continues to be known as one of the best places in the country to start a small business. One city in this state that offers a lot of opportunities in Astoria, OR. If you are going to start a business here, there are a lot of opportunities for success. However, it is still important that you take the right steps to protect your business. One way that you can protect your business is by getting commercial insurance as it could protect your company in several different ways.

Ensures Business Assets are Protected

One of the reasons to get a commercial insurance policy is that it can protect your business assets. Businesses today require a lot of assets to grow and succeed. This can include making sure that your inventory, office equipment, capital items, and other assets. When you have commercial insurance, you will have the ability to repair or replace these items if you incur a loss due to theft or damage.

Liability Protection

When you have a commercial insurance policy, you will also get coverage for liability. If your business causes an illness or injury to someone, you could be held liable for the damages. With a commercial insurance policy, it will ensure you have the liability protection you need. 

As you are looking for a new commercial insurance policy in the Astoria, OR area, taking all important factors into consideration is very important. To ensure that you are making the right choices for your company, you should reach out to the team at Linda Dugan Insurance. When you speak with the team at Linda Dugan Insurance, you can be assured that you are going to receive the guidance you need to pick the right policy to protect your company. 

Linda Dugan Insurance Explains Why Having Life Insurance Is So Important To Your Future

Located in Astoria, OR, Linda Dugan Insurance is committed to helping people find the insurance coverage that they are looking for. As an independent insurance agency, we have established successful partnerships with multiple insurance carriers in the Pacific Northwest. That allows us to serve our clients and help them receive the coverage that they are looking for, regardless of their situation. We want to make sure that our clients make informed decisions.

Life Insurance

Linda Dugan Insurance believes that everyone should analyze how beneficial life insurance is. Life insurance covers your loved ones so that they do not have to worry about your affairs after you have passed away.

Life insurance allows you to create an inheritance. If you are a parent, this is a great way to help ensure that your children have a solid foundation as they become adults. It also provides protection so that no matter what circumstances arise in the future, you will be prepared.

Whole life policies will provide extensive coverage over the course of your life. Term life policies last for a specific period of time. Once the term expires, you can renew your policy or choose another option.

If you are a business owner, a life insurance policy will also protect your business. The policy will cover your business after you pass away so that it can continue operating. Without the policy, your business could suffer losses that eventually lead to its closure.

Linda Dugan Insurance Can Assist You

We will sit down with you and discuss the advantages of each life insurance policy so that you can make the best decision for you and your loved ones. Stop by our office in Astoria, OR today!

How a home inventory can help you

Astoria is the oldest city in the state of Oregon and one of the most charming places to own a home. Owning a home is part of the American dream and when you purchase a home, home insurance will help to give you peace of mind knowing that you are protected against some of the unfortunate things that life can throw at you. Choosing your home insurance policy is one of the most important things that you can do to protect your investment and the team at Linda Dugan Insurance in Astoria, OR will be happy to help create the perfect policy for your needs and wallet. 

As a homeowner, you have many responsibilities, keeping your home in good repair, paying your taxes, and making a home inventory. Why should you make a home inventory and how can it help you?  If you have ever filed a claim with your insurer you know that they are going to want to know what was lost by the damage your home sustained. Most homeowners own a lot more personal property than they realize. Try to think of all the clothing that you own, that might be a little overwhelming. 

A home inventory is a record of what you have in every individual room of your home. It can be a written record, a video record, or a digital record. It should be accompanied by as many additional records as possible. Things like receipts, invoices, and appraisals can make it much easier to prove what needs to be replaced. Your inventory also needs to be stored in a safe place and in today’s world, online might be the way to go. 

At Linda Dugan Insurance in Astoria, OR the experienced staff is available to sit down and discuss your home insurance needs and give you a no-obligation quote. Give the office a call or stop by. 

The best auto insurance options for motorists in Oregon

If you are a motorist in Oregon, it is the law that you must have at least a liability auto insurance coverage. The minimum amount of insurance each driver must obtain is $25,000 per person for bodily injury and property damage liability, including $50,000 per crash for bodily injury to others and $20,000 per crash for damage to other people’s property. You must have at least $15,000 per person of personal injury protection and uninsured motorist insurance in the amount of $25,000 per person and $50,000 per crash for bodily injury but what other coverage options are available to Oregon drivers?

Collision insurance

Collision insurance is a level of auto insurance that includes coverage for repairs to your vehicle they may need to be made if you were involved in a traffic accident, no matter who is at fault. This type of coverage also covers property damage and any damage to the vehicle that is a result of the collision with other things besides someone’s vehicle on the road, such as trees, poles, and buildings. If your car is declared totaled by the auto insurance company, this type of coverage may provide a replacement vehicle of the same market value or a nice down payment for another vehicle.

Comprehensive insurance

Comprehensive insurance coverage will replace your vehicle if it is stolen or it is damaged by a natural disaster, such as a tornado, hurricane, or hail storm. This also includes damages sustained by your vehicle due to vandalism after a police report is filed.

These are just basic insurance categories and you can work with your trusted and experienced auto insurance agent to create the very best policy for you and your situation. She or he will have the skills and database to find the best insurance options for you so that you can drive with confidence and the peace of mind you deserve.

The staff and insurance agents at the Linda Dugan Insurance Agency in Astoria, OR are ready to serve you and all of your auto insurance needs by connecting you with the best insurance options in Oregon. Call for an appointment today!

Who Should Purchase Recreational Insurance?

If you own items with significant value, there is a good chance that there is a specific type of insurance available to cover it. This is true of recreational vehicles such as jet skis, ATVs, and even dirt bikes. If you currently own any recreational vehicles, you should make sure you have the right type of coverage in place. 

Recreational Insurance

If you don’t currently have recreational insurance in place, you should consult with an experienced insurance agent who can help you find the policies you need to prevent losses. Regardless of the type of vehicle or craft, you can protect it with top-quality insurance from a reputable agency such as Linda Dugan Insurance, proudly serving the Astoria, OR area. They can work closely with clients to help establish their current needs and help them discover insurance that works for their lifestyle. It’s the best way to get the right type of protection without gaps. 

An Agent Is There To Help You

One of the best ways to protect yourself from unpleasant surprises related to insurance coverage is to team up with a knowledgeable insurance agent. They are there to work with you and explain how each policy works including terms and limitations so you can make an informed decision. They can also help file paperwork, make changes to an existing policy, and even help file future claims. 

Anyone considering a recreational insurance policy purchase should call or stop by Linda Dugan Insurance to get more information and begin the process of finding a policy that can protect from a variety of losses. They are committed to helping the residents of Astoria, OR get peace of mind through reliable insurance products. 

Top 3 main benefits of having boat insurance in Astoria, Oregon

Boating is an everyday activity in Astoria, OR. Just like cars, boats are significant investments that need to be protected. While small boats like canoes, paddleboats, and kayaks may be covered under a home insurance policy, motor-powered boats require full coverage to protect them from damage. Linda Dugan Insurance recommends buying boat insurance even if you own a small non-motor-powered boat. Here are the three main reasons:

1. Boat insurance offers extensive coverage options
Accidents happen everywhere, and water is no exception. Every year, there are hundreds of boat accidents that lead to property damage and injuries amounting to thousands of dollars. Boat insurance provides extensive coverage that compensates for damage and injuries in case of an accident.

2. Protects what matters to you most
If you enjoy being in the waters, the last thing you want is to have your boat partner injured or your vessel damaged. You want to protect what you value most by purchasing high-quality boat insurance. Depending on the type of boat you are using, your insurance premiums could be higher or lower than for other boaters. But keep in mind that it is quality that matters.

3. Peace of mind
Boat insurance, like all other types of insurance policies, gives you peace of mind as you sail and go about what you love doing. You are not worried about boat accidents or losing your boat because it is well-protected.

While boat insurance may not be mandatory in Astoria, OR, boaters need to seriously consider purchasing boat insurance to help protect them from water perils. If you are a boat enthusiast looking to buy boat insurance, Linda Dugan Insurance agents can help you understand the requirements as well as what coverage suits you best. Feel free to contact us or visit our website for more information.

Do I need flood insurance in Oregon

If you live in the Astoria, OR area, you are able to benefit from the wide range of recreational options in the area and the great local economy. Due to these factors, this city can also be a great place to purchase a home. If you are going to buy a home in this area, it is important that you also consider your insurance needs. One type of insurance that you may need is flood insurance.

Not Provided by Base Coverage

One reason why you may need flood insurance is that it is not provided by your base insurance coverage. While a home insurance policy can provide you with great coverage, the amount of flood protection you get can be limited. If you are concerned that your property is at risk of flood damage, getting an additional flood insurance policy is a good idea.

Required By Your Lender

Another reason why you may need flood insurance in the Astoria, OR area is that it is required by your lender. Today, FEMA maintains a map of the entire country that determines which area is at risk of flood. If you are in an area that is considered a higher risk, the lender will likely want you to carry flood insurance. This way, their collateral will be protected if your home is damaged or destroyed by floodwaters.

Choosing the right flood insurance policy is a big decision and one that is often required. If you are searching for a new policy and would like some assistance, you should call the team at Linda Dugan Insurance. When you do contact the team at Linda Dugan Insurance, you can receive great guidance and support that could help anyone to get into a policy that provides the right type and level of coverage. 

Three things to know about how umbrella insurance works

Some consumers neglect to purchase a good umbrella insurance policy in Astoria, OR simply because they don’t understand exactly how these policies work. At Linda Dugan Insurance, umbrella insurance is one of the types of insurance we offer.

Consumers should know the following things about how umbrella insurance works.

Umbrella insurance covers costs if you are involved in an accident that costs you more than your existing insurance maximums.

You were probably already aware of the fact that your auto and home insurance policies have some coverage limits. Perhaps you have wondered what happens if you’re sued or involved in an accident that costs you more than these limits. 

Such a scenario can easily deprive a consumer of all of their savings. However, umbrella insurance will cover a policyholder for amounts over the coverage limits of their existing policies. Umbrella insurance offers consumers complete peace of mind regarding their liabilities and many of their financial risks. 

Umbrella insurance protects both property and possessions. 

Some auto and home insurance policies will only protect the property of the policyholder. However, umbrella insurance coverage will apply to not only the policyholder’s property but the policyholder’s possessions as well. 

Umbrella insurance coverage extends to the policyholder’s additional household members. 

Another huge advantage regarding how umbrella insurance policies work is that they typically extend their coverage to all of the household members of the insured individual. The coverage provided is not limited to the policyholder alone. This significantly increases the amount of coverage such a policy provides. 

Contact us at Linda Dugan Insurance if you’re looking for the right umbrella insurance policy in Astoria, OR.