Renee Darata » Uncategorized

Dentists Are Small Business Owners

Renee Darata — Tue, 31 Jan 2012 10:59:16 +0000

Dentists graduate from Dental School and frequently open up a private practice. They hire staff and may have their office manager handle their insurance needs.

Dentists should have regular reviews of their policy and as their business expands, they may need to increase policy limits and eventually, may need an umbrella policy to protect their increasing assets.

Dentists can have longevity with staff when they provide Employee Benefits: Group Life, Group Health and Supplemental Insurance.

We can provide additional information on these insurance products.

Health Insurance

Renee Darata — Mon, 09 Jan 2012 17:30:57 +0000

Medicare and Medicaid business is 42 % of large health insurance carriers revenues. This is an increase of 6 % since 3 years ago. This may be a trend, to increase the share of government programs, after health care reform … Continue reading →

Insurance Carriers Had Record Year For Weather Disasters

Renee Darata — Fri, 06 Jan 2012 18:21:39 +0000

2011 saw twisters,snow, drought, flooding and wildfire disasters in the United States. 12 disasters that exceeded $52 billion dollars in damages. This is more weather catastrophes,(that each caused at least 1 billion dollars of damage),than the entire decade of 1980-1989.

Insurance carriers have paid out an unprecedented dollar amount in 2011 which may lead to rate increases for consumers and businesses in those regions.

We hope that 2012 will be an uneventful year for weather disasters.

Why Did My Insurance Premium Go Up?

Renee Darata — Mon, 19 Sep 2011 17:11:28 +0000

The Texas wildfires burned over 1,400 homes recently. State Farm is the state’s largest insurer, with Farmers Insurance Group being number two. This year alone, State Farm has paid out 410 million dollars in home claims and 115 million dollars … Continue reading →

High Gas Prices? Buying a Scooter?

Renee Darata — Mon, 09 May 2011 23:51:45 +0000

Not everyone will insure scooters. This increasingly popular mode of transportation can be easily insured through Foremost Insurance Company. Scooters can be written with just Liability and Uninsured Motorist and Underinsured Motorist Coverage. We can also write Comprehensive and Collision … Continue reading →

Flood Danger-Californians Hammered By Rain

Renee Darata — Mon, 27 Dec 2010 18:15:41 +0000

California Insurance Commisioner reminds homeowners that their homeowner’s insurance typically does not cover flooding.

Homeowner’s should evaluate their risk for flooding and contact an agent to discuss flood insurance.

Flood Insurance typically has a 30 day waiting period.

For further information, give our office a call @ 801.748.0500

Medicare Advantage Plans Exiting Market

Renee Darata — Thu, 18 Nov 2010 20:00:01 +0000

People have been telling me that they have received letters from their Medicare Advantage Plans, telling them they will not be renewing their contract with CMS for 2011, and to make another choice during the annual election period.

The marketplace has shrunk with fewer choices for seniors health coverage.

Seniors are advised to contact a licensed health insurance agent. They can go to the CMS website and view their choices there, but it is recommended they have assistance navigating the site.

Seniors age 65 and older are now in the Annual Election Period and must make a choice by 12/31/2010.

How do I Buy A Surety Bond?

Renee Darata — Thu, 11 Nov 2010 01:20:38 +0000

Surety Bonds are an extension of credit in the form of a guarantee. Bonds are not insurance. Individuals and corporations can purchase a bond. The party that purchases the bond is called the principal. The party requiring the bond is called the obligee and can file a claim against the surety (bond company).

There are many people needing a surety bond. Contractors, inspection station, notaries and car dealers.

Some surety bonds require financial statements to determine credit worthiness.