Posts

Why do I Need Flood Insurance?

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Did you know that flood damage typically isn’t covered by your homeowners policy? As with most insurance policies not every protection is added on in the basic policy and you might not have the coverage if a flood were to occur. This document helps you learn more about how flood insurance can help protect your home from a disaster.

At Conrey Insurance we want to ensure that you are covered in any instance, including if you have a flood loss. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

The Importance of Cyber Insurance

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When cyber attacks like data breaches and hacks occur, they can have devastating results. Organizations have to deal with countless headaches, like business disruptions, lost revenue and litigation. Cyber liability insurance is now an essential component of any business’s risk management program as it provides a number of unique benefits. Watch this video to learn more.

At Conrey Insurance we want to ensure that you are covered in any instance, including if you have cyber attack. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

Cyber Liability: What’s at Risk & What It’ll Cost You

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When most people think about Cyber Attacks they think of the loss in data that is associated with those attacks. Unfortunately most people do not think about the monetary loss that can be associated with a breach and what it can take to recover from these attacks. According to industry experts, the average cost of a data breach is nearly $6 million. And while many organizations understand the importance of preparing for a breach, few understand what it could cost to recover from an attack and what cyber criminals might be after. This Video will show you some of the costs associated with a Cyber Attack.

At Conrey Insurance we want to ensure that you know the costs associated with a Cyber Attack. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

California Employment Law: Legalized Marijuana

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In 2016, California voters legalized recreational marijuana by approving Proposition 64, which impacted both Employers and Employees in many different ways. This Employment Law Summary provides a high-level overview of California’s marijuana laws and information about their impact on employers in the state. These laws include the California Compassionate Use Act of 1996, which authorizes certain individuals to use marijuana for medical purposes, and the California Control, Regulate and Tax Adult Use of Marijuana Act, which allows individuals who are age 21 or older to possess, cultivate and use limited amounts of marijuana in the state.

At Conrey Insurance we want to ensure that you know the laws and how the effect your business and employees. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

8 Ways to Save on Auto Insurance

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When purchasing a new motor vehicle there are many factors that you must consider to make the right purchase. One of these huge factors is getting the right Insurance coverage for your vehicle that is both cost effective and has the right coverage for your. These tips will help you save on your Auto Insurance.

At Conrey Insurance we want to ensure that you know the risks of a car. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

Common Home Owners Insurance Claims

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Part of the American dream is home ownership, but there are plenty of risks that come with that responsibility. Here are six of the most common homeowner’s insurance claims and what you can do to mitigate your risk.

At Conrey Insurance we want to ensure that you know the risks of owning your own home. To speak with a member of the Conrey Team, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

Professional Liability Insurance

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Protect yourself and your business from claims not covered by commercial general liability coverage. If you provide expert advice or services you should consider professional liability insurance. Professionals who are architects, home inspectors, lawyers, physicians, real estate brokers and accountants can benefit from this type of coverage. Read this coverage insight to learn more about what professional liability insurance covers and how it can help your company go above what general liability coverage does.

At Conrey Insurance we want to ensure that you have all the knowledge and help you need so your business is sufficiently covered. To speak with a member of the Conrey Team about professional liability insurance, call (877) 450-1872 or contact us and experience The Conrey Difference for yourself.

Risk Management Chronicles | The Risks of Renting your Property on Airbnb

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Do you rent rooms, or your home, through online property sharing apps like Airbnb?

If so, you need to be aware of the potential risk management issues you could face when renting your property through these services.

Seen as a less expensive alternative to staying at a hotel, travelers are starting to use these home rental services while on vacation. This is creating a financial attractive opportunity for many property owners to make extra money from renting rooms or rental properties through Airbnb and other property sharing services.

In fact, the lucrative nature of utilizing these services has created such a shortage of standard rental property in San Francisco that the city is starting to regulate and limit its usage. A property owner can make more money renting short-term through these services than on a long-term lease to an individual or family.

While you may think you are covered under your standard homeowners or property owner’s policy, you are creating gaps in coverage and a risk management nightmare. These policies are designed for very specific risk management issues a homeowner or landlord may face in a standard situation.

Risk Management

Frequent renting of a room or home by different individuals requires a vacation rental risk management strategy to ensure you are properly protected against potential liability. While Airbnb does provide two ways for property owners to protect themselves, it is important to note that only one is an insurance policy, and that has a much more limited scope of protection than a vacation rental policy.

Anytime you have a major change in your living situation, or the manner in which you are utilizing a rental property, you need to contact your agent or broker so the proper risk management steps can be taken to ensure you and your property are properly protected.

If you would like more information on the risk management issues of renting a room or a rental property through Airbnb, contact your account manager at Conrey Insurance Brokers. They will gladly email you our document regarding the unique risk management issues concerning Airbnb and other home sharing services.

Since 1969, Conrey Insurance Brokers have been protecting the personal, commercial, and financial interests of our clients throughout Southern California. We are here to provide expert risk management solutions, ensuring your interests, loved ones, and financial future is properly protected.

Conrey Insurance Brokers is dedicated to building strong, lasting, and mutually beneficial relationships with our clients and community. The Conrey Team of experienced risk managers can assist you with your personal insurance, commercial insurance, life insurance, and financial services needs.

Conrey Insurance Brokers prides itself on being a one-stop independent insurance broker and financial services boutique that provides unparalleled expertise, professionalism, and service at a tremendous value.

Act today to ensure you are prepared for tomorrow. Contact the Conrey Team at 1-877-450-1872 or go to our website to get started on a free consultation today.

Cover Photo by Open Grid Scheduler / Grid Engine and is in the Public Domain.

Photo #2 by Valeriesophie and is used under the Creative Commons Attribution-Share Alike 4.0 International license.