Your home is your biggest investment and finding the right insurance to protect your castle is paramount.
As an independent firm, we work with several major insurers without bias to find the best policy for you.
When people depend on you, you need a life insurance policy that protects you and your loved ones.
The Best Protection Out There
As an independent firm, we work with many major insurers without bias to find the best policy for you based upon your vehicle and driving record.
Call us (888) 529-5750 or (949) 305-5000 to get a free quote on auto insurance that’s right for you.
Auto Insurance: The Basics
Did you know that you have to purchase auto insurance in California to own and operate a motor vehicle in the state?
Liability insurance compensates a person other than the policy holder for personal injury or property damage.
Comprehensive and Collision Coverage
Two types of physical damage coverage are available on auto insurance policies. Both comprehensive coverage and collision coverage are important in protecting your wallet from major vehicle damage. Anything from minor dents to a big crash can be repaired or the insurance company can at least pay out enough money to make you whole again when you have comprehensive and collision coverage.
Compare the two types of coverage to give you an idea of what you need for your vehicle:
Comprehensive insurance covers many different types of losses or physical damage to a vehicle caused by anything other than a collision:
- Windshield damage
- Deer accidents
- Hail damage
- Fire damage
- Stolen Car
- Flood damage
- Tree damage
Collision coverage is probably the most important coverage to protect your vehicle against physical damage. Some of the most significant damage to your vehicle can come from a collision with another vehicle, tree, pole, or guard rail. Be aware that neither comprehensive or collision insurance cover mechanical breakdown or normal wear and tear. Collision covers damage to your vehicle caused by collision with another vehicle or with any other object, regardless of fault. Collision insurance covers vehicle upset (overturn), but does not cover bodily injury or property damage liability.
You can also add rental reimbursement coverage, repair or replacement collision coverage, roadside assistance, gap insurance and more to your policy. Your personal and dedicated Semaphore team will help you decide what kind of coverage and add-ons are best for you based on your needs and driving history.
Teen Drivers, Young Drivers, First Time Drivers
Adding a teenage driver to your auto insurance policy will raise your rates, but you can control how much they’ll climb. Learn what discounts are available, what car to buy and what coverage to choose to keep your rates as low as possible.
Having teens drive a Camry rather than a Corvette, encouraging them to bring home report cards with a B or higher, and urging them to keep their driving records clean can all have a major impact on rates. Many carriers offer good student discounts, which was specifically created for teens. Many carriers offer a good student discount that can boost your savings.
And finally, choosing the appropriate car for your teen to drive has a big impact on your policy rates. If sharing a car with you (making them an occasional or secondary driver) isn’t possible because of busy schedules, then you have to be smart about what car your teen will drive. Look for something reliable and affordable. Vehicles ranging in age from 6 to 10 years old may offer the most savings in terms of vehicle cost and policy rates. Cars with air bags and other safety features will enable you to get better liability insurance because they reduce the potential of serious injury.
The best way for first time drivers to get auto insurance is to be added to an existing policy. auto insurance companies consider first time drivers to be high risk, so they would pay a higher premium than a standard or preferred driver. One way to save on your premium, is to be added as a driver on an existing policy – making it an instant discount that will be built into your premium. This is called a multiple driver discount.
If it isn’t possible to add a first time driver to an existing policy, we’ll help you shop around for the best rates and show you other ways to save money on auto insurance. Getting auto insurance for the first time can be confusing and intimidating, but Semaphore is here to help you navigate through it and make it as easy as possible for you.
Other Vehicle Insurance
If it rolls or floats, Semaphore can help you get it insured. We can find a policy that will cover your classic car, motorcycle, scooter, moped, snowmobile, ATV, golf cart, RV (recreational vehicle), motorhome, camper, boat, watercraft or yacht. A good policy will give you a set amount of coverage included with your comprehensive coverage, with the ability to purchase more.
Motorcycle insurance has your typical coverage plus it has some specialized coverage that you may not be familiar with. Standard motorcycle coverage includes:
- Bodily injury and property damage liability
- Uninsured motorcyclist
- Medical pay
- CollisionSpecialized coverage can be very cost-saving at the time of loss. You’ll want to know if your custom seat, paint job or special chroming are covered if they aren’t included as standard by the manufacturer. Specialized motorcycle coverage can include:
- Total loss replacement
- Accessory coverage
- Transport trailer coverage
- Trip interruption
- Roadside assistance
- Rental vehicle coverage
Southern California sees a fair number of classic and vintage cars because of its great driving weather and Semaphore’s carriers offer very competitive policies geared towards the needs of classic, antique and collectible car owners.
While classic cars are often eligible for many of the same discounts as regular current-model cars, we understand that your collectible antique car isn’t just any car – it’s an investment that requires a certain level of care and protection. Not all classic collectible cars are the same, so we will work with you to determine the appropriate classic auto insurance policy to meet your needs.
Some benefits to buying classic auto insurance from our carriers include:
- Agreed value: This is the amount of coverage that you and the insurance company agree on as the value for the car, based on a recent, certified appraisal. In the case of a total loss, you receive every cent of your car’s insured value.
- Flexible usage with few or no mileage restrictions
- Emergency roadside service
- Expert claims handling, repair shop of your choice
- Diminishing, no or low deductibles
Talk to the insurance team at Semaphore today about getting your vehicle insured – whether it floats or rolls, we’ll get it covered.
Protecting Your Castle
The Semaphore Insurance team will work with you to find the best homeowners insurance policy to protect your home, property and possessions. Your home is your biggest investment and finding the right insurance to protect your castle is paramount.
We work with the nation’s top carriers to provide the best policy for you without breaking the bank.
Homeowners Insurance: the basics
Homeowners insurance provides financial protection against disasters. A standard policy can provide protection for:
- Your property: In the event of a loss, your home and other structures like a garage or shed can be rebuilt or repaired.
- Your possessions: Consider the value of your personal belongings like furniture, clothing, appliances, electronics and other valuables – whether in your home or elsewhere.
- Your assets: Since you own a home and want to protect your assets, also consider coverage against liability claims. Liability coverage will protect you in the event someone is injured or their property is damaged by you or a family member.
Consider Valuable Items Coverage
Valuable Items coverage supplements coverage for possessions of higher monetary value, such as a diamond engagement ring, your grandfather’s pocket watch, artwork, or a valuable collection. While most homeowners policies have limits on the dollar amount and type of loss that can be recovered, Valuable Item coverage will provide the protection you need for your most valuable possessions in the event of loss through theft, accident or natural disaster.
When would a valuable items policy be needed? The protection provided for personal property under the typical homeowners policy is very broad, and includes coverage for your furniture, clothing, and appliances. In addition, it provides limited coverage for such items as jewelry, silverware, furs, and firearms.
In fact, most homeowners policies set dollar limits on the amount of protection offered to cover the theft of items such as jewelry or furs, firearms or silverware. Optional add-on coverage to the homeowners policy (like our Valuable Items Plus endorsement) is available to enhance coverage by providing higher limits and expanded protection for special property. This usually provides most homeowners with enough coverage.
However, if you own extremely valuable items, this still may not be enough coverage. You may need more protection and should consider buying a separate Valuable Items policy.
Many different types of possessions can be accommodated by the Valuable Items policy. Here’s a quick listing of some of the items typically covered:
- cameras (video or still) and related equipment
- china and crystal
- coins (rare and current)
- golf equipment
- musical instruments
- personal computers
- stamps (rare and current)
- works of fine art, including paintings, etchings, pictures and other bona fide works of art (such as oriental rugs, statuary, rare books, manuscripts and bric-a-brac) of rarity, historical value or artistic merit.
News reports of apartment fires often include tragic stories of renters who have lost everything because they weren’t insured. Your landlord does not provide insurance for your personal property. Having all your personal possessions destroyed in a fire or other insurable event, without coverage, is a tragedy that does not have to happen. Even if you don’t own a home, you probably own a great deal more than you think. Consider the furniture, electronics, clothing, appliances, and jewelry you own, as well as any art, books, or musical instruments you have.
To protect your belongings, you should consider purchasing renter’s insurance, also known as “tenant’s insurance.” The renter’s policy may be used to provide coverage for your personal contents located in the property that you occupy. Coverage is also provided for loss of use, personal liability protection and medical payments to others.
Renters insurance is affordable and often it practically pays for itself when packaged with an auto policy.
Earthquake insurance covers some of the losses and damage that earthquakes can cause to your home, belongings, and other buildings on your property. Your homeowners insurance does not cover earthquake damage. If you have a mortgage, you must have homeowners insurance. But you do not have to buy earthquake insurance.
Standard earthquake insurance covers:
- Your dwelling up to a certain amount (called a limit)
- Your personal property which covers most of your personal belongings
- Additional living expenses or loss of use which temporarily covers the extra costs to live somewhere else (such as accommodations, meals, moving, storage, furniture rental) while your area is evacuated or your home is repaired.
Comprehensive policies (unique to California) have more blanket coverage with higher limits to use however you would need to in order to cover your losses in the case of a major earthquake.
Contact the Semaphore Insurance team at (888) 529-5750 for a custom, no-cost or obligation insurance quote for your home.
Protecting Your Business and Office
Whether you are leasing office space, working out of your home, or own and operate office buildings, we can custom tailor a policy that’s right for you.
Our insurance options cover small to mid-sized businesses, giving you the specialized coverage and service you need in order to conduct your business with confidence. Our commercial insurance options include:
- Commercial Property Coverage up to $5,000,000
- Commercial General Liability Insurance up to $5,000,000
- Business Personal Property
- Lost Income and Extra Expense up to 12 months
- Worker’s Compensation (Worker’s Comp)
- Business Owner’s Policy (BOP)
- General Liability
Business liability claims are often complex, fraught with nuance, and with large sums of money at stake. Semaphore can help you choose a carrier who’ll provide you with appropriate business coverage and claims experts who can quickly and skillfully handle large loss, and high value claims.
Commercial Property Insurance
Business property insurance can help protect the property your business owns and leases, including things like medical equipment, inventory, furniture and fixtures. There is also coverage for things you may not have thought of, like protection for your accounts receivable records and or computers and media. There is another option available that can help replace lost income when your operations are suspended and can no longer operate due to a covered loss.
Business Personal Property Insurance
The loss of any property you own or create for sale affects your bottom line. Business Property insurance can help you replace everything from computers and inventory to equipment and tools. Business personal property coverage includes, but is not limited to, furniture and fixtures, machinery and equipment, stock, all other personal property owned and used in the business, labor, materials or services furnished or arranged on personal property of others, and leased personal property that an owner has a contractual responsibility to insure.
Business Owner’s Policy (BOP)
A Business Owner’s Policy (BOP) is recommended for most small businesses, as it is often the most affordable way to obtain broad coverage. Combining both property and liability insurance, a BOP will cover your business in the event of such things as property damage, suspended operations, or lawsuits resulting from bodily injury or property damage to others.
General liability insurance provides your business with the financial protection that can help keep your assets from becoming vulnerable in the event of a lawsuit. General liability insurance can cover things like bodily injury, property damage, contractual liability, damages to property you rent or occupy, even a special option that covers your websites and blogs in the event of a data breach.
Worker’s Compensation (Worker’s Comp)
Worker’s Compensation insurance provides coverage for work related injuries or illnesses, medical bills and lost wages, and helps pay for rehab as well as disability coverage. It eliminates the need for litigation and creates an easier process for the employee. It also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer. Worker’s Compensation Insurance is designed to help companies pay these benefits, specifically for injuries sustained on the job.
Our expert advisors will help you navigate the complexities of commercial insurance. We’ll work with you to help you choose the right coverage for your business, so you can stay up and running when the unexpected happens. Call us at (888) 529-5750 or (949) 305-5000 to discuss policy options and plans.
Protect Your Home From A Flood Disaster
Flooding is the nation’s number one natural disaster. While floods occur in every area of the country and Californians must also be aware about tsunami-related flooding, many property owners remain unprepared.
Do you have flood insurance? Be sure to check the details because homeowners policies only cover water damage for minor flooding such as from a broken pipe or overflowing appliance. Homeowners policies do not cover flood damage from natural disasters such as rising seawater (tsunamis) or rising river or lake waters, or dam failure.
That’s why if you live in a flood zone you want to protect your property from floods caused by natural disasters. Just a few inches of water from a flood can cause tens of thousands of dollars in damage. From 2008 to 2012, the average residential flood claim amounted to more than $38,000. Flood insurance is the best way to protect yourself from devastating financial loss.
Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers and the property’s flood risk.
All policy forms provide coverage for buildings and contents. However, you might want to discuss insuring personal property with your Semaphore agent, since contents coverage is optional. Typically, there’s a 30-day waiting period from date of purchase before your policy goes into effect. It’s too late to buy flood insurance once warnings of an impending tsunami or another flooding event is issued. That means now is the best time to buy flood insurance.
Also, if you live in a Special Flood Hazard Area (SFHA), and your mortgage is backed by a federal agency, then your mortgage lender will likely require you to have flood insurance. In general, coverage is provided for direct physical loss to the property from a flood which is described as a general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from:
a) Overflow of inland or tidal waters
b) Unusual and rapid accumulation or runoff of surface waters from any source
c) Mudflow: which is defined as a river of liquid and flowing mud on the surfaces of normally dry land areas such as when earth is carried by a current of water. Landslide, slope failures, or saturated soil moving down a slope are not mudflows.
In general, a flood policy excludes losses caused by earth movement, even if the earth movement is caused by flood. Examples of excluded earth movement include:
- Land subsidence
- Destabilization or movement of land resulting from accumulation of water
- Gradual erosion
The maximum limits available are:
- Residential – $250,000 for the structure and $100,000 for the personal property
- Commercial- $500,000 for the structure and $500,000 for the contents
More information can be found on the California Department of Insurance Flood Fact Sheet and FloodSmart.gov, the official site of the National Flood Insurance Program (NFIP). Call us at (888) 529-5750 or (949) 305-5000 to discuss flood insurance policy options and plans.
Making Sure Loved Ones Are Protected
With flexible policies and options to fit your specific needs and budget, you can be sure Semaphore will be there to help you determine how much coverage is right for you. When people depend on you, you need a life insurance policy that protects your loved ones.
There are many reasons for purchasing life insurance, including:
- Insurance to provide financial protection and security for surviving family members upon the death of the insured person.
- Insurance to cover a particular need such as paying off a mortgage or other debt upon the insured’s death.
- Business insurance to compensate a company on the death of a key employee or to provide a surviving partner the resources to buy out the deceased partner’s share of the business.
- Insurance to provide funds to pay estate taxes or other final obligations necessary to settle a deceased person’s estate.
- Insurance to provide the funds necessary for the deceased person’s burial expenses.
How much do you need? Consider the following:
- Determine your outstanding debts, funeral expenses, taxes, household expenses, educational costs.
- Determine the amount needed to replace a percentage of your income for a specific number of years, usually until your youngest child is out of college or until your mortgage is paid off.
- Decide how much money you can afford to pay.
There are different types of life insurance depending on your specific needs, including term life insurance, permanent life insurance, accidental death insurance, cash value insurance and more.
About the insurance carriers we work with
Our carriers are A.M. Best rated A or A+ which means they have an excellent or superior ability to meet their insurance obligations. Founded in 1899,A.M. Best Company is a full-service credit rating organization dedicated to serving the insurance industry. Policyholders refer to Best’s ratings and analysis as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles. A.M. Best is the largest and longest-established company devoted to issuing in-depth reports and financial strength ratings about insurance organizations.
Our insurance carriers include:
Providing customized services for clients across the country, we take an all-encompassing approach to meet all your financial needs. Whether you’re an individual, small business, or large corporation, we’re committed to providing you with the highest level of personal attention. Accounting, tax preparation, insurance and wealth management are just a few of our specialties.
Located in sunny Southern California, in Irvine, by the Irvine Spectrum, our firm has been providing financial solutions for over 20 years and has earned a reputation of providing expertise and developing successful long-term relationships based upon trust.
Monday – Friday
9:00AM – 5:00PM
Toll-Free: (888) 529-5750
Local: (949) 305-5000