Orlando Frasca "The Insurance Guy"

Star Spangled Banner

2011-07-01T08:37:00.000-07:00

I didn't know most of this and it's too good to share ( however, Francis Scott Key wrote about the War of 1812)

Have a FANTASTIC 4th of July celebrating our nation's independence!

http://www.youtube.com/watch_popup?v=Iwa-lSVqA1M&vq=medium

Take Care

Orlando Frasca
http://www.risdirect.com/

Fallen Heroes Whole Foods Special

2011-06-28T08:45:00.001-07:00

As you know, we STRONGLY support a few charities.

One of them takes care of the families of Police Officers and Firefighters who die in the line of duty.

Whole Foods has partnered with The Fallen Heroes and on Wednesday the 29th, they will give 5% of their REVENUE as a donation to The Fallen Heroes.....if you shop at Whole Foods, please go this Wednesday to the Whole Foods in San Ramon ( across the parking lot from Target) and you get to meet with a few celebrities as well !
'
Take Care,
Orlando Frasca
President, Rogers Insurance Services, Inc.

Here's the entire message...and please pass along to your friends:

Whole Foods Market

San Ramon

5% Day for The Fallen Heroes

Great News,

Our new partnership with Whole Foods Market is moving ahead. This coming Wednesday, June 29th is dedicated to Police and Fire: The Fallen Heroes. Whole Foods Market is donating 5% of all sales that day to our non-profit. We will be there all day representing our Fallen Heroes with fun things for kids and information about our organization. As most of you know we are still young and building and we do NEED YOUR SUPPORT so that we can support the families of our fallen police officers and firefighters. We need YOU!!!

The hours of operation on Wednesday is 8am to 9pm. Art Thoms from the Oakland Raiders will be signing autographs and displaying his Super Bowl ring, from 11am to 1pm. Johnny Gunn will be playing some music at some point and Miss Teen California, Ari Eastman will be making an appearance from 11am to 1pm.

I ask that you please email this out to all of your contacts. Any and all support The Fallen Heroes greatly appreciate. We are still a 100% volunteer organization.

Thank you all and we hope to see you this coming Wednesday.

NEW, Traffic Ticket Fines in California!!

2011-01-11T14:22:00.000-08:00

THE LOS ANGELES TIMES HAS AN ARTICLE ON:

HUGE California Traffic Tickets Fines Effective 01/06/2011

Please be extremely careful in your driving and car registration & insurance

matters. State of California is broke and they are trying hard to squeeze

all of us hard to collect money.

Effective immediately, if you do not stop at the red light, be ready to pay

$436 in fines or if you pass a school bus with flashing red signals, you will

be charged $616. The state of California is going for blood, so be extra

careful in driving, You cannot afford messing with them. I have been hearing

that Highway Patrols are under pressure to issue a lot more tickets than last

year with at least 30% increase in fines over 2009, so beware of radar guns,

highway and traffic cameras installed everywhere and the tougher enforcement

of parking rules.

Just for your info, the next time you park in the handicapped zone, even for

a minute, you will be looking at almost $ 1000 in parking tickets , so it'd

better be worth it.

California needs money, so pay close attention to the rules of the road!

Traffic Ticket Fines (Effective 01/06/2011)

VC 12814.6 $214 Failure to obey license provisions.

VC 14600(A) $214 Failure to notify DMV of address change within

10 days

Note: The fine may be reduced with valid proof of correction.

VC 16028(A) $796 Failure to provide evidence of financial

responsibility (insurance)

Note: This fine may be reduced with proof of insurance on or after the

violation date.

VC 21453(A) $436 Failure to stop at a red signal.

VC 22349 $214 Unsafe speed, 1 to 15 miles over the limit.

VC 22350 $328 Unsafe speed, 16 to 25 miles over the limit.
\

VC 22450 $214 Failure to stop at a stop sign.

VC 22454(A) $616 Passing a school bus with flashing red signals.

VC 23123(A) $148 Driving while using a wireless phone not hands

free, first offense .

VC 23123(B) $256 Driving while using a wireless phone not hands

free, each subsequent offense.

VC 23123.5 $148 Driving while using a wireless device to send,

read or write text.

VC 23124 $148 Minor driving while using a wireless phone.

VC 22500 $976 Parking in a bus loading area.

VC 22507(A) $976 Violation of disabled parking provisions, first

offense.

VC 22507(B) $1876 Violation of disabled parking provisions, second

offense.

VC 26708 $178 Unlawful material on vehicle windows.

VC 27150 $178 Adequate muffler required.

VC 27315 $148 Mandatory use of seat belts.

VC 27360 $436 Mandatory use of passenger child restraints.

Note: This fine may be reduced by completing a court authorized child seat

diversion program .
VC 27400 $178 Headsets or Earplugs covering both ears.

VC 27803 $178 Violation of motorcycle safety helmet

requirements.

VC 34506 $616 Commercial Driver - Log book violation.

VC 4000 $256 No evidence of current registration.

Note: The fine may be reduced with valid proof of correction.

VC 4159 $178 Notify DMV of change of address within 10

days.

Note: The fine may be reduced with valid proof of correction.

VC 5200 $178 Proper display of license plates.

Note: The fine may be reduced with valid proof of correction.

VC 9400 $178 Commercial weight fees due.

Note: The fine may be reduced with valid proof of correction.

Don‘t blame the police. They don’t set the fines or collect them!

Of course, you then get an increase on your insurance rates as well.......

Drive Properly and Safely !

Orlando Frasca
http://www.nobscarinsurance.com/
925-365-3200

You May NOT need life insurance

2010-10-14T09:51:00.000-07:00

Term life insurance is a great tool when properly used, but like most financial instruments, one size does not fit all.

It is important to understand when and how to use term life insurance in order to obtain the best results.

Use these tips to determine if term life insurance makes financial sense for your situation.

Term Life Defined

Term life insurance is a policy that covers a specific period of time, typically from one to 30 years. In the event of your death, the face value of the policy would be paid to your estate or designated beneficiary. At the end of the allotted time, the policy provides zero coverage and no residual benefit.

The Good and Bad of Term Life

In most instances, term life insurance is substantially less costly than whole life insurance or other alternatives. However, the longer the duration of coverage, the less significant the savings due to the residual value of whole life.

Who Benefits?

Term life insurance is an exceptionally valuable tool for young adults or those just starting a family.
Because earned income is often moderate during the early years of marriage, college or young adulthood, the lower up-front cost of term life provides the protection you need without the high price.
In the event of the death of a spouse, term life insurance could provide the means to ensure valuable financial assistance required to replace an income.

It could also be used to pay off a mortgage or put children through college.

Term life insurance is also valuable for those seeking an additional layer of coverage to supplement a whole life policy during a transitional stage in life planning.

For example, many older adults purchase an additional term life policy while paying college tuition for adult children or other specific situations.

Call if you want to get your questions answered: 925-365-3200

Take Care,

Orlando Frasca
www.risdirect.com

What Your Homeowers Policy Might Not Cover

2010-09-15T09:43:00.000-07:00

Most people who purchase a homeowner insurance policy simply assume it covers almost everything.

But few things are further from the truth.

Learn how to protect your property and financial future by understanding the top three things your homeowner policy might not cover.

Big-Ticket Items. Read the fine print in your homeowner insurance policy. Chances are there will be strict limits on the coverage amount for big-ticket items like jewelry, electronics and collectibles. Ask your insurance agent about riders or addenda to your existing homeowner policy that will provide additional insurance coverage for expensive items.

Flood Damage. Homeowners are often surprised to learn that their policy specifically excludes flood damage. Even worse, many make the mistake of thinking they don’t need flood insurance because they live on “dry land” or areas not prone to flooding. Unfortunately, flood insurance can also provide valuable protection against more than just rising waters. For example, it might provide protection against other water-related losses, including those from a hurricane or even burst pipes during an earthquake. In fact, water-related damages are one of the leading causes of insurance claims. So if you’re a homeowner, don’t forget to ask your agent how to purchase flood insurance for your property.

Business Property. Whether you work from home full time or simply skip the office every so often, don’t assume your business property is covered. Computers and other equipment used at home are not typically covered by your standard homeowner policy. Employees should verify that their business provides full insurance for company-owned property used at home or in transit. Small-business owners should clearly differentiate business property from personal property while maintaining sufficient coverage for both. Ask your agent about business property riders or addenda that provide additional coverage for dual-use items or business property used off-site or at home.

Call us with any questions you may have: 925-365-3200

Take Care,

Orlando Frasca
www.NoBShomeInsurance.com

Summer Fun..."Flash Mob"

2010-08-09T22:19:00.000-07:00

Here's a non-business bit of "summer fun" for you.

My girls' cheerleading squad ( and the cheerleaders' moms ) did a Flash Mob to Glee's Don't Stop Believing last Friday at Walnut Creek's outdoor Plaza.

http://www.youtube.com/watch?v=KH7EVvfDVoU&feature=channel

I hope your summer is going well !

Orlando Frasca
http://www.risdirect.com/

Is Your Auto Insurance Right? Find Out with This Quiz

2010-07-07T09:47:00.000-07:00

During tough economic times it can be tempting to cut back on car insurance. But there’s a fine line between saving money and putting your financial future at risk. Take this quick quiz to determine if you’re over-insured or simply engaging in risky behavior.

Is the cost of comprehensive insurance coverage greater than the value of the car?

In general, if the value of the car is equal to or greater than three years’ worth of premiums, it is a good idea to keep comprehensive coverage. Otherwise, you might benefit from reducing or eliminating comprehensive coverage for your old clunker. Just be sure that you have the ability to replace or repair the vehicle should a total loss occur.

Do you have a second car or additional vehicle available?

If so, you may be able to reduce comprehensive coverage on older automobiles as well as eliminate extras, like rental coverage, on the policy. Determine if the savings is worth the inconvenience before dropping coverage.

Do you have enough money in savings to pay for small repairs out of pocket?

If so, you may benefit from an increased deductible that lowers the cost of auto insurance. On the other hand, if you don’t have much money in savings or you are worried about cash flow, keeping a lower deductible is a quick way to supplement your emergency cash savings.

Take Care,
www.NoBSautoInsurance.com
925-365-3200

Smart Ways to Insure Your Vacation Rental Car

2010-06-16T09:35:00.000-07:00

People who rent a car for their vacation can get the right insurance without paying too much if they follow a few simple steps.

First, renters should call their insurance agents or brokers to clarify what type of coverage they need, taking into account limitations and exclusions as well as special situations that may apply to anticipated travel plans.

For example:
• If you drive an economy car most of the time, be sure to ask about additional coverage if you intend to rent a luxury vehicle while on vacation.
• Make sure that you are covered when crossing state lines or renting a car in another country.
• If you plan to share the driving, make sure everyone is equally covered before making a final determination about who will get behind the wheel of the rental car.

Renters should consider the pros and cons of all available options before making a final decision about rental car insurance.

While many credit cards claim to provide very affordable, or even free, rental car coverage, there are often major limitations and exclusions that should be fully understood.

Likewise, car rental companies provide insurance that tends to be quite costly, so read the fine print and find out how each plan supplements your own insurance to find the right balance between coverage and cost.

Call us if you have ANY questions on your policy.

Take Care,

Orlando Frasca
www.NoBScarInsurance.com
925-365-3200

A Guide for Understanding Condo Insurance

2010-05-05T09:39:00.000-07:00

Purchasing condo insurance can be complex, so it’s imperative to work closely with your broker or agent to obtain the best price and policy.

Why Are Condos Different?

Due to the use of shared space and amenities, there are special considerations to keep in mind when obtaining insurance. Most condos include special fees to cover routine maintenance and repairs, as well as specialized insurance for the entire complex or condo association.

Different Dwellings

Insurance is important for anyone residing in a condo, townhome, co-operative or other shared organization, whether you live in it year-round or use it as a vacation home.

Coverage Choices

Unit-owner policies are one of the most popular forms of individual insurance used by condo owners or occupants. This insurance picks up where the master policy leaves off by providing insurance for modifications or improvements made to the unit or for other uncompensated damages. Additional coverage may be required for personal property and even liability depending upon your individual circumstances. Ask your agent or broker about special situations, including small home business, increased personal property limits for valuables or collectibles, and enhanced loss assessment coverage. Your agent or broker will be able to provide specific insurance that complements the existing master policy to make sure you have the best policy. Loss of use is another popular form of coverage that every condo owner is likely to need. If you’re unable to use your unit due to a fire, weather-related damage or another problem, the loss of use coverage provides the protection needed to maintain a roof over your head until repairs are made.

Common Exclusions and Add-on Considerations

Every policy is different, but a few of the more common exclusions found in many policies include flood damage, earthquake- or mudslide-related expenses, pest- or pet-related problems, and business-related activities. Ask your agent about specialized coverage needs.

Keep this in mind whether your primary home is a condo, or you have a vacation home or investment property that are condos.

The condo policy YOUR CONDO ASSOCIATION has does NOT cover your interior...just the walls ! So any cabinets, furniture, sinks, etc aren't covered by their "master" policy.

Take Care,

Orlando Frasca
www.risdirect.com
925-365-3200

URGENT CORRECTION!!

2010-04-09T12:52:00.000-07:00

On the blog from this morning, I made a mistake: I should have inserted the word "NOT" ....as in: this is NOT the case 100% of time....

Thanks to Len Apirian for pointing out my error!

Have a Great Weekend

Take Care,

Orlando Frasca
925-365-3200
http://www.risdirect.com/

My Home Market Value Is Lower Than a Snake’s Belly, So Why Is My Home Insurance Premium Always Going Up?

2010-04-09T09:44:00.000-07:00

My Home Market Value Is Lower Than a Snake’s Belly, So Why Is My Home Insurance Premium Always Going Up?

Granted, this is the case 100% of the time, but we are getting phone calls from across the country by people whose insurance brokers have NOT bothered to explain this.

So, here is an explanation for anyone just wondering or who needs to know what the heck is really going on.

It happened in the late 1980s and it’s happening again. While your house may have lost 10% or more last year, the cost to rebuild it increased 8% or more. How do I explain this upward never-ending spiral? Three reasons:

Reason #1: Building material costs increase. In 2006, for example, copper pipes increased 99.8%, wallboard went up 21.5% and cement jumped 10.9%. Lumber actually went down 7% but only two years earlier it skyrocketed 30%. These figures don’t come from the “Let’s Boost Your Insurance Institute.” They’re from the September 2009 issue of Engineering News.

Reason #2: Mother Nature. Tornado strikes, hurricanes, earthquakes and floods all spike up the demand for labor and material in one region that, in turn, creates shortages and price increases elsewhere for the rest of us.

Reason #3: Builders and architects have to eat, too. Estimates to rebuild your home have to include reasonable profit margins of 10-20% for the builder, plus similar fees for the architect. Sometimes on the higher-end homes, decorators are called in for custom interiors. More money. And then there are the extra costs of finding matching materials and skilled laborers on more ornate structures. Suddenly, what someone told you would cost $185/foot to rebuild is now up in the $350/sq. foot range. With true replacement costs this high, it’s easy to see how 58% of U.S. homes are underinsured by an average of 21%according to Marshall Swift/Boeck (Sept. 2008), the people who track this kind of thing.

I can hear you saying, “So what? My premiums are still too high as far as I’m concerned.” The quickest way to beat “premium inflation” is to raise your deductible. These days we’re writing more $5,000 and $10,000 deductibles than ever before. Call my office if you’d like to examine your options. We can use that time to update the replacement value of your home, if need be. 925-365-3200

Take Care and Have a Great Weekend.

Orlando Frasca
http://www.risdirect.com/
925-365-3200

For Tax Month...Here is an Easy Way to Explain Taxes

2010-03-31T16:45:00.001-07:00

The Tax System - Explained With Beer

Suppose that every day, ten men go out for beer and the bill for all ten
comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

* The first four men (the poorest) would pay nothing.
* The fifth would pay $1.
* The sixth would pay $3.
* The seventh would pay $7.
* The eighth would pay $12.
* The ninth would pay $18.
* The tenth man (the richest) would pay $59.

So, that's what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the
arrangement, until one day, the owner threw them a curve.
'Since you are all such good customers,' he said, 'I'm
going to reduce the cost of your daily beer by $20.'
'Drinks for the ten now cost just $80.'

The group still wanted to pay their bill the way we pay our taxes so the
first four men were unaffected. They would still drink for free. But what
about the other six men - the paying customers? How could they divide the
$20 windfall so that everyone would get his 'fair share?'

They realized that $20 divided by six is $3.33. But if they subtracted
that from everybody's share, then the fifth man and the sixth man would
each end up being paid to drink his beer. So, the bar owner suggested that itwould be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:
* The fifth man, like the first four, now paid nothing (100% savings).
* The sixth now paid $2 instead of $3 (33%savings) .
* The seventh now pay $5 instead of $7 (28%savings) .
* The eighth now paid $9 instead of $12 ( 25% savings).
* The ninth now paid $14 instead of $18 ( 22% savings).
* The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued
to drink for free. But once outside the restaurant, the men began to compare their savings.

'I only got a dollar out of the $20,' declared the sixth man. He
pointed to the tenth man, 'but he got $10!' 'Yeah, that's right,' exclaimed the fifth man. 'I only saved a dollar, too. It's unfair that he got ten times more than I!'

'That's true!!' shouted the seventh man. 'Why should he
get $10 back when I got only two? The wealthy get all the breaks!'
'Wait a minute,' yelled the first four men in unison. 'We
didn't get anything at all. The system exploits the poor!'

The nine men surrounded the tenth and told him not to come back.

The next night the tenth man didn't show up for drinks, so the nine
sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!

And that is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore.

In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

Politics Aside, Here is what the Health Bill Means FOR You

2010-03-23T10:19:00.000-07:00

Dennis Darby ( our Director of Senior Health Insurance ) and I sat down and I we put together a Q&A.....all bias aside, Dennis is THE stud when it comes to taking a complex product ( ie, Health Insurance...especially for Seniors/Medicare Supplements, etc) and making it easier to understand.

Here is a summary of the Q & A we covered on how the Health Bill WILL affect YOU:

Health reform and you: A new guide

Who pays? Who benefits? And what about those in between?

Q: I don't have health insurance. Would I have to get it, and what happens if I don't?

A: Under the legislation, most Americans would have to have insurance by 2014 or pay a penalty. The penalty would start at $95, or up to 1 percent of income, whichever is greater, and rise to $695, or 2.5 percent of income, by 2016. This is an individual limit; families have a limit of $2,085. Some people would be exempted from the insurance requirement, called an individual mandate, because of financial hardship or religious beliefs or if they are American Indians, for example.

Q: I want health insurance, but I can't afford it. What do I do?

A: Depending on your income, you might be eligible for Medicaid, the state-federal program for the poor and disabled, which would be expanded sharply beginning in 2014. Low-income adults, including those without children, would be eligible, as long as their incomes didn't exceed 133 percent of the federal poverty level, or $14,404 for individuals and $29,326 for a family of four, according to current poverty guidelines.

Q: What if I make too much for Medicaid but still can't afford coverage?

A: You might be eligible for government subsidies to help you pay for private insurance that would be sold in the new state-based insurance marketplaces, called exchanges, slated to begin operation in 2014

Premium subsidies would be available for individuals and families with incomes between 133 percent and 400 percent of the poverty level, or $14,404 to $43,320 for individuals and $29,326 to $88,200 for a family of four.

The subsidies would be on a sliding scale. For example, a family of four earning 150 percent of the poverty level, or $33,075 a year, would have to pay 4 percent of its income, or $1,323, on premiums. A family with income of 400 percent of the poverty level would have to pay 9.5 percent, or $8,379.

In addition, if your income is below 400 percent of the poverty level, your out-of-pocket health expenses would be limited.

Q: How would the legislation affect the kind of insurance I could buy? Would it make it easier for me to get coverage, even if I have health problems?

A: If you have a medical condition, the bill would make it easier for you to get coverage; insurers would be barred from rejecting applicants based on health status once the exchanges are operating in 2014.

In the meantime, the bill would create a temporary high-risk insurance pool for people with medical problems who have been rejected by insurers and have been uninsured at least six months. That would occur this year.

And starting later this year, insurers could no longer exclude coverage for specific medical problems for children with pre-existing conditions, nor could they any longer set lifetime coverage limits for adults and kids.

In 2014, annual limits on coverage would be banned.

New policies sold on the exchanges would be required to cover a range of benefits, including hospitalizations, doctor visits, prescription drugs, maternity care and certain preventive tests.

Q: How would the legislation affect young adults?

A: If you're an unmarried adult younger than 26, you could stay on your parent's insurance coverage as long as you are not offered health coverage at work.

In addition, people in their 20s would be given the option of buying a "catastrophic" plan that would have lower premiums. The coverage would largely only kick in after the individual had $6,000 in out of pocket expenses.

Q: I own a small business. Would I have to buy insurance for my workers? What help could I get?

A: It depends on the size of your firm. Companies with fewer than 50 workers wouldn't face any penalties if they didn't offer insurance.

Companies could get tax credits to help buy insurance if they have 25 or fewer employees and a workforce with an average wage of up to $50,000. Tax credits of up to 35 percent of the cost of premiums would be available this year and would reach 50 percent in 2014. The full credits are for the smallest firms with low-wage workers; the subsidies shrink as companies' workforces and average wages rise.

Firms with more than 50 employees that do not offer coverage would have to pay a fee of up to $2,000 per full- time employee if any of their workers got government-subsidized insurance coverage in the exchanges. The first 30 workers would be excluded from the assessment.

Q: I'm over 65. How would the legislation affect seniors?

A: The Medicare prescription-drug benefit would be improved substantially. This year, seniors who enter the Part D coverage gap, known as the "doughnut hole," would get $250 to help pay for their medications.

Beyond that, drug company-discounts on brand-name drugs and federal subsidies and discounts for all drugs would gradually reduce the gap, eliminating it by 2020. That means that seniors, who now pay 100 percent of their drug costs once they hit the doughnut hole, would pay 25 percent.

And, as under current law, once seniors spend a certain amount on medications, they would get "catastrophic" coverage and pay only 5 percent of the cost of their medications.

Meanwhile, government payments to Medicare Advantage, the private-plan part of Medicare, would be cut sharply starting in 2011. If you're one of the 10 million enrollees, you could lose extra benefits that many of the plans offer, such as free eyeglasses, hearing aids and gym memberships. To cushion the blow to beneficiaries, the cuts to health plans in high-cost areas of the country such as New York City and South Florida - where seniors have enjoyed the richest benefits -- would be phased in over as many as seven years.

Beginning this year, the bill would make all Medicare preventive services, such as screenings for colon, prostate and breast cancer, free to beneficiaries.

Time for a New Review of Your Life Insurance

2010-03-09T09:32:00.000-08:00

Here we are in March. 2010 is well under way......

The following information will help ensure that you get off to a sound and secure financial start.

Why You Need Life Insurance

Plain and simple, life insurance is the ultimate form of protection for your family’s financial future. Whether you’re the primary breadwinner or the person who holds it all together at home, life insurance ensures that your family is able to sustain its standard of living should you pass away.

Why Purchase Your Own Policy

Purchasing your own policy, rather than depending solely upon an employer-sponsored policy, makes perfect sense. There are important tax advantages to consider, and your own policy provides stability in the event of a job loss. Be sure to speak to your insurance agent about your individual situation.

Types of Life Insurance Policies

There are several types of life insurance policies designed to fit nearly any budget, age or need.
A few of the more common forms include:

Term Life Insurance: Such insurance is considered one of the most affordable options. Term life insurance provides important protection for young adults and others seeking cost-effective options. It does not include an investment option. Policies range from one to 40 years duration.

Whole Life Insurance: Premiums typically include a face value portion and an investment portion, which is paid in the form of dividends. Although initial premiums are higher than they are for term life, whole life often is more affordable for long-term coverage.

Variable Life Insurance: With variable life insurance, a portion of the premium is used to pay for the cost of the insurance and fees, and any excess can be invested in such things as stocks and bonds, mutual funds, equity funds, and money market funds. It is advisable to work closely with your agent in order to determine the right level of coverage and investment diversification to meet your individual portfolio needs.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

3 Things to Consider When Choosing Auto Coverage

2010-02-17T09:30:00.000-08:00

A common mistake made by the average driver is being under-insured. Unfortunately, what might seem like a small oversight can become a costly mistake. You can make sure that you’re purchasing the right amount of liability coverage by speaking with your agent and understanding the following important considerations:

1. Understand how other assets can impact auto liability insurance. Many people make the mistake of thinking they need additional auto liability insurance only if they own an expensive vehicle; however, few things are further from the truth. Almost anyone with substantial assets such as real estate, a small business or other holdings could benefit from additional liability coverage. Your agent can advise you about your holdings in order to determine the right amount of protection for you and your family.

2. Know the rules of the road. Although the laws regarding uninsured or under-insured drivers differ from state to state, it is important to understand how it could impact your own financial situation. Ask your agent to explain what coverage is in place and what forms of supplemental protection are available in the event of an accident or claim.

3. Umbrella policies provide an additional layer of affordable protection. An umbrella policy provides a cost-effective method of obtaining additional liability protection and picks up where standard insurance leaves off, making it a superb way to protect your family.

Take Care,
Orlando Frasca
www.risdirect.com

A new Charity We Support

2010-02-16T11:36:00.000-08:00

Here at Rogers Insurance Services, Inc., we support charities that our clients and our staff members feel strongly about.

Currently, we support The Children's Miracle Network, American Cancer Society and Fr. Frank's Kids.

We just added the Amador Institute to our list. They are currently offering a 3100 square foot house in a raffle. We are the primary co-sponsor of this raffle. Our March newsletter will have info in there, and you can always go to www.dream-home-raffle.com

If you want to know more about the amador institute, go to www.amadorinstitute.com

Take Care,

Orlando Frasca

PS-- Let me know if you have a charity you support strongly to be considered for our Giving Back To The Community Program

How to Survive the Recession …Stronger Than Before

2010-01-27T10:09:00.000-08:00

I was just at a conference in Florida -- where I enjoyed freezing weather ( no joke, it was 28 degrees in the evening). The conference was pretty good in and of itself, however, I got together with a 4 other people from various industries and we were discussing what could we do not only for ourselves, but to help out clients thru this Recession. Now the conference was on Outrageous advertising ( and, of course, you've seen my stuff that certainly qualifies) , but the 5 of us took it a few steps further and delved deeper into what can be done in additon to the advertising.

We came up with quite a few good ideas, and here are the hightlights:

As bad as the economy is, it’s important to recognize that this is a time of tremendous opportunity for business owners with the vision, liquidity and chutzpah to seize the occasion.

There are unique opportunities to be found in every phase of the economic cycle, and the current trough is an opportune time to reassess, reposition and re-engineer for the recovery that will inevitably come, the changed economic landscape that will emerge and the pent-up demand for products and services that will burst forth.

• You have distinct advantages when it comes to this type of repositioning.
• You are often more agile and flexible than larger organizations.
• You are able to be opportunistic and respond quickly to change.
• You are more nimble and less wedded to the status quo.
• Smaller organizations usually carry less inventory and overhead costs.
• You have fewer legacy systems.
• You are not as encumbered with embedded assumptions, policies, procedures and methods.

So how does a savvy business owner go about repositioning for an unknown and largely unknowable future?

Begin by assessing the market for your line of business as it is now and as it may be in two, five or ten years. Identify the shifts and changes on the horizon. Analyze what they will mean for your company, your suppliers, your clients, your competitors and the overall industry.

Next consider the macro trends that will drive the future of your business. Some obvious macro trends include: the worldwide move towards sustainability, environmentalism and green consciousness; a focus on health, nutrition and wellness; greater globalization and more diverse markets; continued advancements in technology and communication.

Identify the relevant verticals that will most likely lead the way out of recession, such as renewable energy, IT, healthcare and agriculture, as well as the verticals that will continue to remain strong, such as government and education. Think also about those that have the farthest to rebound such as housing, real estate and finance.

With these macros in mind, begin to look more granularly at your own situation. Here are some areas to keep a bead on:

• Cash flow. Now more than ever it is crucial to manage your cash flow and keep your balance sheet strong. In addition to maintaining liquidity for ongoing operations, staying within your financial covenants and ensuring your bond or investment rating, it is vital that you keep your powder dry to be able to take advantage of unforeseen opportunities or obstacles that may arise.

• Inventory. Adjustments to inventory will be critical, as a surplus of goods can tie up cash reserves, require expenditures for transportation and storage, and eventually necessitate liquidation if the inventory becomes obsolete.

• Products and Services. The time is right to make those tough choices about shedding low-margin or legacy ops. Focus on products and services where you have special expertise, a definitive value proposition, and a competitive advantage. Be aware that customers are looking to increase productivity, expand capabilities and drive efficiencies within their own operations. R&D is more important than ever.

• Personnel. People are a company’s most valuable – albeit costliest – resource. It may be a tempting way to cut expenses quickly, but layoffs entail costs and hassles such as severance, loss of talent and leadership, and the expense of finding, hiring and training new employees when the economy returns. The key is to keep HR expenses in line with revenues. Consider options that make long-term sense, such as alternative pay models, curtailing retirement fund matches, retraining and redeploying workers.

• M&A. As the recession plays out, there will be some choice opportunities to take over competitors, expand into new geographies and acquire upstream/downstream capabilities. Consider adding small bolt-ons to increase capacity, larger competitors to enhance market share as well as needed infrastructure or licenses. Also think about acquiring real estate while prices are depressed. It may be a good time to buy prime locations and set up for a move into a new marketplace.

• Sales and Marketing. Use research and technology to target your audience precisely and monitor your ROI on marketing and advertising closely. Keep a strong emphasis on sales to maintain your brand strength and market presence and to penetrate underserved markets with long-term potential.

• Pricing and Margin. The proper balance between growing market share and holding onto margin calls for a steady, constant focus on profitability and cash generation. Your value proposition should rely on quality and service as well as price. Avoid excessive price undercutting to gain market share as this will haunt you when the market recovers.

• Cost control. Cut costs in ways that don’t affect customer service or product quality. Ask creditors to extend payables from 30 to 60 days. Negotiate deeper discounts from suppliers, as well as other providers such as accountants, auditors, your insurance company and your landlord. Pay down debt, re-negotiate loans and contract terms. Be opportunistic about financing and sourcing opportunities.

• Customer Service. Build stronger relationships with existing clients, especially loyal, long-term clients. Helping your customers get through this difficult time will pay off. Alienating or harassing customers for short-term gain is long-term folly.

In recent months the Fed has injected $100 billion into the economy to stabilize the banking sector and get credit flowing again. While the effect on the economy as a whole will not be felt immediately, economic recovery will eventually follow. The key for all of us is to prepare for that turnaround now. The strong will survive and thrive when the economy grows robust again.

We have already purchased other insurance agencies and are still adding staff "smartly" as we position ourselves for more even growth.

If you have any comments or ideas to add, please let me know as I find these discussions invigorating and quite profitable.

Take Care and May your 2010 be Great !

Orlando Frasca
www.risdirect.com
925-365-3200

How to Take an Inventory of Insurance Needs

2010-01-19T09:24:00.000-08:00

January is the perfect time to pause for a moment and reflect on the year that’s passed. It’s also a good time to prepare for the one ahead.

Taking an inventory of your insurance needs is a great way to make sure that your hard work and New Year’s resolutions are protected against fiscal uncertainty in the coming months.

Types of insurance

First, you should determine what forms of insurance are required.

The most common are auto and homeowners insurance, but don’t stop there.

Many people find that they benefit from additional forms of financial protection for small-business enterprises, as well as umbrella or supplemental policies for valuables.

Who is to be insured

Second, assess who is to be insured, the amounts of insurance and beneficiaries.

Changes to marital status, employment or other lifestyle-related concerns can have a dramatic impact on insurance coverage.

It’s important to update policies to reflect changes that have taken place over the past year. Inform your agent of any changes that have taken place to obtain the most up-to-date quotes.

How much to be insured?

Third, you should update insurance amounts.

Inflation takes a heavy toll on the cost of living, so it’s essential to update coverage amounts on a regular basis.

Changes to employment, health or even other forms of coverage can also increase or decrease the need for certain types of insurance. Ask your agent about other forms of coverage that may supplement existing policies or even replace employer-sponsored policies at a better price.

Fourth, you should document and take photographs of belongings. If you bought or sold business assets, personal belongings or other items, take photographs and record the item number. A documented inventory comes in handy during a loss or claim.

Call us if you have any specific questions: 925-365-3200

Thanks,

Orlando Frasca, President

Business Insurance and Natural Disasters

2010-01-17T10:56:00.000-08:00

As a business owner, are you ready for anything that comes your way?

Most business owners would answer emphatically yes...except when it comes to natural disaster preparedness....

Being optimists by nature, business owners aren't likely to sweat unlikely events and may even feel like there is no way to prepare for a major natural disaster.

However, there are several, easy things that you can do to secure both your employees and your valuable business:

• First, be informed. This is not hard: flip on the TV, read the paper and see what is happening that you should plan for. Is there a possibility of a pandemic (such swine flu), flooding or fire in the area?

• Next, insure what you can. Transfer the risk of the disaster to your insurance company so that your business can survive a major disaster.

• Develop an evacuation plan in the case of a natural disaster. Whether it is in case of flood, earthquake or fire, a plan for all employees to follow is important.

• What about food and necessities? Keep a stock of food or the basics in case you and others are trapped onsite.

• Keep a first aid kit handy.

Each of these important tips can help to ensure that you and your employees are well protected.

You may also wonder, in the event of a natural disaster, how will you keep the business running?

This is called business continuity and many companies in New Orleans had to operate at new locations for years after the floods there. Do you have a plan in case you and your employees are scattered across the country?

Look at remote storage of important papers and also look at making whatever digital information you have accessible from web programs so that wherever you or employees are, you can keep business running.

If the worst does happen and your business gets destroyed, don't start dangerous cleanup without at least notifying FEMA-they can help you with safety procedures and more....

Take Care,

http://www.risdirect.com
http://www.insurance-for-boats.com
http://www.insurance-for-motorcycles.com
http://www.insurance-for-contractors.com
http://www.mytowtruck.com
http://www.mybigrig.com

How To Hire Right !

2010-01-10T10:19:00.000-08:00

Hiring is a time-consuming, sometimes frustrating process. And depending on who does it, the process can take you away from the business of making money.

But at the same time, hiring right can be the most effective activity you can perform--both to move your business forward and to protect it from employee lawsuits.

Here are some tips for hiring right:

* Advertise for the best and hire the best. Your employees define the quality of your business.

* Determine your real needs and create a job description. Then use that description--OBJECTIVELY--when screening candidates. You might like John Candidate a whole lot, but does he really meet your needs?

* Use a pre-interview screening process to weed out inferior candidates.
You will save lots of time by only interviewing quality candidates. You can get resumes, applications, pre-interview questionnaires, etc., by fax or e-mail. You can also use voice mail to provide a detailed description of a job and have candidates disqualify themselves.

* Interview objectively. Stay focused on the needs of the position. It's very easy to like someone who isn't the best candidate for the job.

* Test skills when possible. According to an Inc. Magazine survey 35% of job applicants claim specific achievements or experiences that are untrue, and 70% upgrade the importance of achievements. I'm sure you've seen it many times in a new hire, so test their skills in advance.

* Administer character tests that have been approved by the EEOC as non-discriminatory.

* All applicants should be required to sign a release allowing the company to conduct complete reference and background checks . . . and you should conduct them. Employers do get sued for negligent hiring even though they should have checked a candidate's background.

Hiring might not seem to be the best use of your time, but doing it right can make a world of difference to your business.

Take Care,
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com
www.mytowtruck.com
www.mybigrig.com

Workers Comp Update--Critical

2009-12-31T12:12:00.001-08:00

Here is something that is CRITICAL to how much you are paying for Work Comp Insurance.....and, if you have an "ex-mod" "x-mod" or "experience modification factor".

If you don't know if the State of California has assigned one to your business, or if you want clarification on what it means, call us at 925-365-3200 and we'll answer all of your questions quickly and easily.

The changes are to the California Experience Rating Plan (ERP). This is the mandatory plan that produces experience modifications (ex-mods) for all California employers that have sufficient payroll to qualify. The changes are effective January 1, 2010.

The changes to the ERP are based on recommendations from the Workers’ Compensation Insurance Rating Bureau’s (WCIRB) Experience Rating Task Force to improve the ex-mod’s predictive value and make it easier to understand.

Major changes to the Experience Rating Plan:

• Claims Split
The methodology formula used for splitting actual losses into primary and excess
components is changing to a “single split” model, with the first $7,000 of every loss
considered primary. This change recognizes that an employer’s claims frequency is
more predictive of future losses than the actual size of a given claim.

• Credibility Values Updated
Credibility values are the weights applied to an employer’s loss experience. The updates recognize that the claims experience of a large employer is more predictive of future losses than the claims experience of a small employer.

Who Is Affected by the Changes?

Most employers will experience an ex-mod change of a few percentage points under the new plan. The precise impact on your clients will depend on the size of their payroll and the number and size of their losses. According to the WCIRB, an estimated 47 percent of all employers could see a decrease of up to 10 points under the plan.

If you have further questions about the Experience Rating Plan, please contact us at 925-365-3200 or visit our website: www.WorkCompMadeEasy.com

Take Care and may your 2010 be GREAT !

Orlando Frasca
www.risdirect.com
www.WorkCompMadeEasy.com

The 2009 Grand Prize Winner Is........

2009-12-15T21:55:00.000-08:00

James and Kristin Deitrich are our 2009 GRAND Prize Winners ( look for their photo and video Wed eve as they are coming in the office to "collect" ). Their prize is a 3day/2night Hot Air Balloon "Experience" in Napa Valley !!!

Thanks,

Orlando Frasca

www.risdirect.com

Happy Thanksgiving Video !

2009-11-26T06:47:00.000-08:00

Happy Thanksgiving......I just recorded this and thought you would enjoy it ( it's a youtube link, just click on it )......

http://www.youtube.com/watch?v=YtnqhPDR62k

Take Care and tell someone that you LOVE them today !

Orlando Frasca

www.risdirect.com

925-365-3200

Employee Fraud..and how to Protect Yourself

2009-11-21T11:01:00.000-08:00

Have you thought recently about the many ways in which your employees help to run your business?

Employees are vitally important because they help with your customers, they run the books and they watch the shop when you are not around...

Unfortunately, sometimes there are bad apples and a fraudulent employee can cause a lot of damage to your company.

So how do you monitor to weed out fraudulent employees without upsetting the whole apple cart?

The first step would be to put in place proper hiring procedures, such as thoroughly checking references.

In today's litigious world, ex-employers may be too intimidated to report fraud to the police and so the only way you'll really know the character of those you hire is to check it out yourself.

Once you have hired an employee, remember that most fraud is financial so here are some tips to follow:

•Don't sign blank checks.

•Deposit all checks and cash daily.

•Don't allow transfers between accounts without your approval.

•Make sure that all employees take an annual vacation - this disrupts any fraud that requires constant concealment.

•Require two signatures for checks drafted in large amounts.

These measures, along with reviewing account statements, should allow your business to function while keeping fraud in check.

As always, all of us here at Rogers Insurance Services, Inc. wish you profit in all of your endeavors!

Take Care,
Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com
www.mytowtruck.com
www.mybigrig.com

How Insurance Works with Business Property

2009-10-22T10:53:00.000-07:00

Not surprisingly, most people are neck-deep in running their own businesses and don't really understand how their insurance works ... and that can have catastrophic consequences.

You should have a basic understanding of what you'll be paid if something happens to your business property. If you don't get the money you need to replace it, how will you stay in business?

One way insurance companies pay for damaged or destroyed property is the Actual Cash Value (ACV) method. ACV is calculated as fair market value or cost less depreciation. Now think about that in this example ...

What's the value of ... let's say ... a 5 year old refrigerator?
Whatever it's worth, it's most definitely a lot less than the cost of a new one, right? A new fridge might be $1,000 but the used one may be worth only $500.

With an ACV settlement, if that fridge is destroyed, you'll get $500 from the insurance company. BUT, it will cost you $1,000 to buy a new one.

Now ... that's not necessarily a problem. It's simply a choice. You have other options.

One of them is Replacement Cost ... and under this method you essentially get "new for old". When that $500 fridge is lost, the insurance company buys you a new one - they replace the lost property - as opposed to compensating you at actual cash value.

Of course, choosing Replacement Cost means higher premiums. After all, the insurance company has more at risk when insuring replacement cost. And more risk means more premium.

Neither option is right, and neither option is wrong. It depends on your individual circumstances and your capacity to keep some risk yourself in exchange for lower premiums. (By the way there are other options. I just want you to understand the basics.) And don't forget, the value of your property changes from year to year.

In reality there are greater complexities, but if you understand the basic difference between Actual Cash Value and Replacement Cost, you'll be well on your way to protecting your property to your desire and your budget.

Give me a call if you want to discuss this topic further, or to make sure your property is protected like you want it to be.

Thanks,
Orlando Frasca
925-365-3200

www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com
www.mybigrig.com
www.mytowtruck.com

No Insurance Lesson here...It's All About WineMaking right now

2009-10-10T10:13:00.000-07:00

Went to get Zinfandel grapes last night for our ( 4 of us ) annual wine-making.....after a lovely, traffic-heavy ride to Alamo ( 2 miles) it took one of our heros nearly 1 FULL hour to make the trip to Mike's house to get the keys to the warehouse, then to the warehouse to get the truck, then back to pick up our other hero back in Alamo, then finally on the road to Santa Rosa,the grapes are on the truck in the warehouse.

The vineyard owners arrived 30-45 mintues AFTER we did, so that gave us a chance to hotwire their Tractor/Forklift combo in the dark. Dan and I smoked Cubans to pass the time while the grapes were loaded onto the truck by a forklift driver that only communicated by handsignals and lots of arm-waving to guide him.

Fortunately, the 4 bins on the pallet only slid off "half-way" before Mr. Driver decided he wanted to "straighten them out on the pallet" and had them slide off a few more inches.

At least the drive down 101 allowed us to donate a blue tarp to the vehicles behind us...but only in a mis-guided effort to keep those drivers awake and focused on the road. Luckily, the other tarp was only fluttering in the wind and we managed to stop it's escape.

We would have been back before 1am if only the single lane highway didn't have a big-rig clogging traffic all the way to 80, but that didn't matter anyway because Cal-Trans thought it would be a great idea to close down all lanes ( except one) so they could do repair work.

Fortunately, 80 was re-opened just a few hundred feet before the 780 interchange allowing us to be nearly side-swiped by big-rig transporting multiple cars.

No animals that could be construed as pets were actually harmed in transporting the grapes back to the world's premier wine-making region-- Mike's warehouse in San Ramon.....off to crush the grapes this morning....

Enjoy your Saturday...

www.risdirect.com

Umbrella Insurance

2009-09-25T10:17:00.000-07:00

There are many facets to a sound, complete financial plan, and there are as many goals as there are individuals who plan for the future ... every one unique.

But one thing you should never lose sight of in your financial dreams and planning is basic asset protection. It might not be sexy, but it's the cornerstone of your future wealth.

So, I want to remind you of some things you might not think of as financial planning, but are important to a solid foundation of wealth ... the liability limits on your basic property and casualty insurance policies - auto, homeowners, etc.

Here's a trick question ... if you are found liable (meaning a judge or jury decides that you're at fault) for the injuries or death of others in a car accident, how much do you think you'll be sued for? A hundred thousand? A million? Five million?

The answer you have to be prepared for is "everything they can get".

Now let me ask you another hypothetical question, if John Q. Public has assets worth $500,000 and insurance limits of $100,000, and he loses a liability suit against him, do you think an attorney is going to go after his personal assets? Count on it! He should have had more insurance will be the justification.

So, what's your situation? What are you worth and how much liability insurance do you have? Are you leaving yourself wide open to an attack on your personal and/or business assets?

Liability insurance is cheap compared to the alternative of losing a lawsuit without it. So, if you're not 100% confident that you have enough insurance to keep the lawyers out of your personal pockets, then let me know. I'll be happy to review your situation with you and help you get the protection you need. Just give me a call

Take Care,
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com
www.mytowtruck.com
www.mybigrig.com

Quick Tips....Marketing Your Own Business

2009-09-16T10:15:00.000-07:00

Your business is important to me, because without your business I don't have my business! So, I have a direct interest in you doing well.

With that in mind, I thought I'd pass on some basic marketing and advertising tips. I summarized these from an excellent book called, "How to Write a Good Advertisement."

* A Headline - Advertisements and sales letters should have headlines. A company name is not a headline. The headline must capture the reader's attention and convey a compelling reason for them to start reading the ad.

Remember, people are bombarded all day long with information. Your ad needs to immediately appeal to their personal gain to get them to read it.

* Provide benefits, not just features. A feature is something a product or service does. A benefit is what the buyer gets from it.

For example, a 'hard candy coating' is a product feature. But ... 'so the candy doesn't melt in your hand' is a benefit.

Do your best to explain the benefit that your product or services provide the prospect. You'll get much better response if you do.

* Be different. Try not to have your advertising look like everybody else's. Stand out and get attention - and then apply these other tips to make the sale.

* Guarantees - If you offer a guarantee, say it proudly. People are skeptical. Take their risk away, and they'll be much more likely to buy from you.

* Testimonials - What someone else says about you is a thousand times more effective than what you say about yourself.

Get testimonials from your existing good clients and use them in your ads and sales letters. Let your prospects see what your happy clients have to say.

* Be sure to tell the reader exactly what to do. This is called the "Call to action."

Prospects must be led. If you want them to call you, say so directly. For example, "Call Now!"

Don't leave anything to chance in your advertising. Give the reader clear reasons why they should do business with you and then tell them exactly what to do next.

I hope this information helps spark an increase in sales for your business.

Take Care,
www.risdirect.com
www.onlycontractors.com
www.mytowtruck.com
www.mybigrig.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com

Insurance Reviews and Check Ups

2009-09-09T10:09:00.000-07:00

Well, now that 2009 is coming into the final quarter, I hope is has been going well for you so far!

At some point during the next 12 months, you will need to renew your insurance policies. Before doing this, it is best to take the time to sit down and consider exactly what type of insurance your company needs.

Many businesses don't have enough coverage for their property and their employees, while other businesses have insurance that isn't necessary.
Either way, you may end up spending money that could easily be fixed by just knowing all the types of commercial insurance available and the reasons for obtaining them.

Property Insurance

Of course the most important type of insurance to have as a business owner is property insurance. Remember that your homeowners' policy will most likely not cover your business, even if the business is run out of your home, although many do have options to add on to your homeowners policy with separate provisions for your business. You may need to seek out a business property insurance policy, though.

Liability and Medical Coverage

This is the same as it would be for a homeowners insurance policy, except that it would include any damages a customer sustained while at your company. Of course, if you work out of the home and no one ever visits you in the home, probably isn't necessary. But this is essential insurance for anyone who has customers or clients that regularly walk into their establishment. Necessary liability coverage varies for different businesses.

Automobile Coverage

Again, if you are using your own car for transportation of goods, then your regular automobile insurance should cover the needed insurance for your automobile. But, if you have a series of vans or trucks for delivery or will be giving employees a company car, you must have automobile insurance.
Most likely you will need an extended policy through your auto insurance or a separate business auto insurance policy to cover these extra automobiles.

Health Insurance, Workman's Compensation and Other Benefits

If you are self-employed, you can acquire health insurance and other benefits like life insurance through a spouse or can find a good deal on independent insurance for just you and your family. If you have any number or employees, though, it is a huge benefit to offer those employees health and life insurance. Many employees won't even consider working for a company where they do not have the option to pick up a benefits package.

Of course, this isn't all the information you need (there just isn't enough time or space to list it all), but if you have any questions about business insurance policies, please call our office.

Don't forget the importance of protecting yourself, your employees and your business!

Take Care,

Orlando Frasca

www.risdirect.com

www.mytowtruck.com

www.mybigrig.com

www.insurance-for-contractors.com

www.insurance-for-boats.com

www.insurance-for-motorcycles.com

www.onlycontractors.com

Who's got the Bigger Championship Ring ???

2009-09-02T13:33:00.001-07:00

Since Football is starting up; here is a neat College vs Pro side-by-side Championship Ring comparison:

http://www.youtube.com/watch?v=CgE1bYElKr4

I took that video while at dinner with 4 of the Cal Bears soon-to-be-Rose-Bowl-Champion Players and with John Vella ( played with the Raiders in the 70s)

Take Care
Orlando Frasca
http://www.risdirect.com/
http://www.insurance-for-motorcycles.com/
http://www.insurance-for-boats.com/
http://www.insurance-for-contractors.com/
http://www.mytowtruck.com/
http://www.mybigrig.com/

Making Soap vs Selling Soap..huh?!?

2009-09-02T10:04:00.000-07:00

Any Fool Can Make Soap

I will wax philosophic about absolutely essential business knowledge:

The biggest, single misunderstanding people have about business success is that the “wrong path” is so remarkably easy to wander down.

As you know, I talk to a huge number of entrepreneurs ( business owners primarily)
daily, they’re most eager to regale me with every
nitty-bitty detail of their incredible product or product
idea. I listen patiently.

As I listen to these people so into
their particular product, so enthused with their product,
so convinced that it’s one of a kind, so profoundly
committed to its unique ability to stand out in the
marketplace.

However, they never ask the most important question; the question that
says whether the business will live or die.

All of that is incidental to the issues we should
be talking about.

Who was it built for?
What evidence is there that they will spend money for it?
What media and marketing method lends itself to the
situation?

Ony of my top-notch brokers called me at 9 p.m. the other night,
understandably excited by the succinct way to explain
this to people which he had just found in an old an
advertising book he had bought in an antique store.

The quote said:

“ANY FOOL CAN MAKE SOAP.
IT TAKES A CLEVER MAN TO SELL IT.”

There is the wisdom of the ages. There is a million dollar quote.

The Dangers of Co-Insurance

2009-08-25T09:55:00.000-07:00

One of the most dangerous concepts in insurance is "co-insurance". I say dangerous because if you don't understand it, you can get burned by your own uninformed decisions.

Long ago, when insurance came to be, an interesting "battle" took place ...

Insurance companies determined that by taking a little bit of money
(premium) from lots of people, they could afford to pay for huge losses of only a few of those people. Based on expected losses they decided how much premium to charge. And an assumption they made was that everybody would insure their property fully.

Bad assumption! Policyholders quickly realized that most losses are small - rarely a total loss. So, instead of insuring their $100,000 building for $100,000, they insured it for less - risking that they wouldn't suffer a total loss. This wrecked the insurance companies' ability to pay losses and be profitable, too.

So, the insurance companies invented "co-insurance" - which basically means
- if you don't insure the full value of your property, you're going to share in the partial losses.

For example (simplified for illustration purposes), if you have a building worth $100,000 and insure it for $80,000, you've insured 80% of value. If there's a total loss, you only get $80,000 because that's the coverage limit you chose. That's NOT co-insurance. That's coverage limits.

Co-insurance comes into play on partial losses. In this example, if you have a partial loss, of say $10,000, the insurance company will only pay $8,000 ... because you only insured 80% of the full value and 80% of $10,000 is $8,000. You pay the other $2,000. That's co-insurance.

That's a pretty compelling reason to insure to full value.

Now most policies require you to insure at least 90% of value to avoid a "co-insurance penalty" at the time of loss. (But, remember, your policy will never pay more than the limits of coverage. So, if you insure 90% of value and have a total loss, you're only going to get 90% of the loss from the insurance company - your policy limits.)

Wait! There's one last landmine here ...

To determine if a co-insurance penalty will apply, the value of your property will be determined at the time of loss - NOT what it was worth when you bought it, NOT what it was worth when you bought your policy, and NOT what you say it's worth.

The insurance company will determine the value of your property at the time the loss occurred. Why is this important?

Let's say you paid $100,000 for your building 5 years ago, and insured it for $100,000 - fully insured, no chance for a co-insurance penalty. And let's say the building is worth $120,000 today, but you didn't increase your insurance.

Now there's a partial loss, the insurance company values your building at $120,000 and says, "A co-insurance penalty applies, because your insured value of $100,000 is less than 90% of the building's real value of $120,000." What a nasty surprise.

There are a number of tools to help prevent this. "Inflation Guard" protection and annual reviews are two good ones.

The most important thing is for you to have a basic understanding of your exposure.

Ultimately, your insurance decisions are yours. Be an educated consumer and make sure you get what you want. Give me a call if you want to discuss any of your coverage limits.

Take Care,

Orlando Frasca

www.risdirect.com

www.mytowtruck.com

www.mybigrig.com

www.insurance-for-boats.com

www.insurance-for-motorycles.com

www.insurance-for-contractors.com

www.onlycontractors.com

925-365-3200

Tools and Equipment coverage....

2009-08-17T10:09:00.000-07:00

Earlier today, we got a call from a contractor client who had tools stolen from the back of his truck. Of course, since he accepted our advice and insurance them CORRECTLY, he was covered and was able to replace those tools.

But, that got me thinking about some contractors we do NOT insure....so, I called my buddy, Martin Burlingame, and we discussed a few things on what the insurance industry calls "Inland Marine Coverage"....

Inland Marine Coverage - Are your tools insured?

If someone breaks into you pickup truck and steals your tools will your insurance company pay for them and more importantly can your business survive without your tools. Many contractors believe that their tools are covered under their General Liability policy. It's a shocking revelation when a claims adjuster informs you that tools are not covered under your General Liability policy.

Typically contractor tools are covered under an "Inland Marine" policy.The definition of Inland Marine: A group of property insurance coverages designed to insure exposures that cannot be conveniently or reasonably confined to a fixed location or insured at a standard rate under a standard form. Includes coverage for property in transit over land, certain movable property, property under construction, instrumentalities of transportation and communication (such as bridges, roads, piers, and television and radio towers), legal liability coverage for bailees, and computerized equipment.

Many inland marine coverage forms provide coverage without regard to the location of the covered property; these are sometimes called "floater" policies. Inland marine coverage forms are generally broader than property coverage forms due to the relative freedom from rate and form regulation of inland marine insurance as compared with property insurance.Contractor tools cannot be reasonably confined to one location and therefor fall under an Inland Marine policy.

Tools are either classified as "scheduled" or "unscheduled". Unscheduled tools (depending of the carrier) are usually the smaller hand tools of the contractor profession. Insurance companies usually lump the aggregate amount of tools (say $3800 of miscellaneous hammers, screwdrivers, hand saws etc..) into a blanket amount, apply a deductible and either provide Replacement Cost Coverage or Actual Cash Value Coverage (see separate blog about the differences).

Scheduled items are items over a set value (for some carriers $2500). Bobcats, Dumpsters, Skid loaders, Expensive tools all are classified in this category. The insurance company only provides coverage if the item is "scheduled" (thus the name scheduled item). The contractor provides the make/model/serial number and value and the item is scheduled onto the policy. If the item is added mid-term an endorsement is issued by the insurance carrier and mailed to the contractor showing the date the item was added, the information about the item and the value.

Thought for the Day

2009-08-14T08:06:00.001-07:00

“It's not whether you get knocked down; it's whether you get up.”
- Vince Lombardi

IOUs, CA IOU, small business and How We Can Help !

2009-07-03T10:18:00.001-07:00

As you may know, California is now issuing IOUs for small businesses.....and we can help. We can and WILL accept those IOUs in lieu of cash or checks for your insurance.

And, not just for your business insurance, but for your home insurance, auto insurance, motorcycle insurance, boat insurance, life insurance and health insurance.

Call us now and we'll be there for you! 1-800-747-5311

Take Care..and, together, we'll get thru this crisis !

Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.insurance-for-contractors.com
www.mybigrig.com
www.mytowtruck.com

Sorry..here is the correct link for Airline Routes!

2009-07-01T21:06:00.001-07:00

http://link.brightcove.com/services/player/bcpid3138436001?bclid=4488151001&bctid=5196796001

Airline routes !

2009-07-01T21:03:00.000-07:00

As most of you know, I love anything to do with airplanes...here is a great link !

http://link.brightcove.com/services/...tid=5196796001

A birds eye view of Air Traffic across the globe condensed in just over a minute.

Couple of interesting things I noticed-

1.The sheer number of flights between NA and Europe-
2.Density of flights on Australian east coast

Have a GREAT 4th of July !

Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com
www.onlycontractors.com

Are you safe outside this summer

2009-06-23T13:39:00.000-07:00

Think about it: summertime usually revolves around things like grilling, fireworks, camping, and lazy afternoons in the hot sun.

What else does it mean? Burns from those grills, firework explosions, tick bites…you see where we’re going here. With the cost of health care steadily going up, it’s become ever more important to lower your risk for accidents and other health issues.

And don’t worry: this doesn’t mean you have to avoid all the good stuff this summer.

Here are some easy ways to prevent these summer health issues…

Let’s think about grilling for a minute. There’s nothing better than burgers and hotdogs cooked on the grill, right? But, grills are more dangerous than you might think. According to Consumer Reports, over 5,000 people went to the emergency room in 2007 because of grill related injuries (source: http://blogs.consumerreports.org/home/2008/07/grilling-safety.html).

What can you do to avoid that costly trip?•
Never grill in an enclosed area .
Always pull your grill into an open area.•
If you’re cooking with charcoal, never spray the grill with lighter fluid after the fire has been lit. Flames can often follow the fluid back to the container that’s in your hand.•
Keep the grease pan empty. Grease easily catches on fire, and can cause flare-ups.

Mosquitoes, ticks, horseflies, bees…now that it’s summer all of nature is out in full force.

And, don’t underestimate these little bugs; according to MSNBC, they send over 500,000 of us to the emergency room each year with potentially fatal allergic reactions (source: http://www.msnbc.msn.com/id/19979406/).

So, how can you have fun outside without getting eaten alive?• Think bug spray. If you’re uncomfortable with the chemicals used in traditional bug spray (like OFF), there are several organic brands that use natural ingredients, like EcoSmart (link: http://www.ecosmart.com/).•
MSNBC suggests spreading a 3 ft. layer of wood chips between your yard and the woods. Ticks can’t cross the chips, so this will keep them out of your yard.•

Also, make sure there is no standing water in your yard. And, this includes your gutters. Standing water is a breeding ground for mosquitoes.

Now let’s take a look at fireworks. Who doesn’t love fireworks?They make all of us feel like kids again. But, fireworks are incredibly dangerous…

According to the Center for Disease Control (source: http://www.cdc.gov/ncipc/factsheets/fworks.htm ), 2006 saw over 9,200 people in the emergency room over firework related injuries.
There were 11 deaths.
Fireworks are a great addition to any celebration, but it’s vital that you use them safely.

Here are some tips:•
The CDC reports that more injuries occur with sparklers than rockets. Surprised? We sure were.

Watch children carefully when they’re using sparklers. And never light, or combine, more than one sparkler at a time.•

Never try and re-light a firework that didn’t go off. The National Council on Firework Safety (source: http://www.fireworksafety.com/) recommends waiting 20 minutes, and then soaking it in a bucket of water.•
Always have a fire extinguisher or a bucket of water close by in case of an emergency.
With all the exciting, fun things that we do during the summer months, it’s no surprise that accidents can increase as well. But all it takes is a little prevention to dramatically lower our risk…

All of us here at Rogers Insurance Services, Inc wish you safe, healthy summer fun.

Take Care,
Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-contractors.com
www.onlycontractors.com
www.insurance-for-motorcycles.com
www.mybigrig.com
www.mytowtruck.com

Okay, Okay, real Father's Day Insights....

2009-06-19T21:32:00.000-07:00

There's an English proverb that goes: "One father is worth more than ahundred schoolmasters."

Father's Day is coming up on Sunday; as a father of 3 great kids, I enjoy spending the day with the family. Of course, my thoughts turn to my own dad who passed away in 1996. Fathers can teach their children many important lessons.

My dad lived by deadlines. When he told his 10-year-old fishing partner, "Be at the dock at 7:30 a.m." and I arrived at 7:35, I would be holding my fishing pole in one hand and waving bon voyage with the other. Time management 101.

TRUST is the most important five-letter word in business and in life. WhenI was only eight years old, he said: "Son, would you like to learn a lesson that might save your life some day?""Sure I would, Dad," I answered."Just slide down the banister and I'll catch you," he urged. I slid ... and landed on the carpet. As I dusted myself off, he announced,"Never trust anyone completely. Keep your eyes open and your wits about you.

"When I began my career selling insurance, I asked my father how I could make twice as much money as my fellow insurance brokers. He asked me how many sales calls my peers made every day. I told him that everyone made about five calls a day, and I could match them call for call."No good," he said. "Do what they do and you'll make what they make. Figure out how you can get to 10 calls a day and your income will double."We worked out a game plan, which became a life plan. I learned when the buyers were in the office and worked according to their schedules, which sometimes meant anytime from 6 a.m.-8 p.m. and Saturday mornings. I quit making cold calls, was among the first to get a cell phone and learned many other time management tips from my father.

Similarly, my father encouraged me at a young age to keep track of all the people I met on Rolodex cards, now on my computer. He was a master networker. He knew where to get stories, much like I learned where to get sales. Maybe the most important lesson my father taught me was that your best network will develop from what you do best.

My father also taught me that the big name on the door doesn't mean diddly. You have to know who the decision makers are. My father taught me many more life lessons, among them: They don't pay off on effort . . . they pay off on results. No one ever choked to death swallowing his pride. He who burns his bridges better be a damn good swimmer. Education is like exercise. As soon as you quit you begin to lose the benefits. It's hard to soar like an eagle when you're dressed like a turkey. If you win say little. If you lose say less. We are judged by what we finish, not by what we start.

Orlando's Moral: One person can make all the difference in the world--a father, for example. If you are lucky enough to still have your father around, talk to him; if you have kids, talk to them as well. Have a GREAT weekend, and thanks to Art Szoback for the info...he's got a great website.

Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-contractors.com
www.insurance-for-motorcycles.com
www.mytowtruck.com
www.mybigrig.com
www.onlycontractors.com

Father's Day Insights....

2009-06-18T08:29:00.000-07:00

I had a few comments passed along from clients and friends on :

"Things You'll NEVER Hear Dear Old Dad Say".....I thought I'd share them with you because they certainly put a smile on my face....feel free to pass this around.

1. Darn it..I'm lost. Can you believe that? Well, let's stop and ask directions.

2. Sweetie, now that you've turned 13, you should be allowed to do whatever you want to do

3. I just want you to have my credit card and new car so you can have a great time. No curfew; go ahead, go wild!

4. While your mother and I are away for the weekend, I thought you might want to have a party. Enjoy!

5. You don't need to work for your own spending money, shoot, how much do you need?

Have a great Father's Day, and if you Dad is still around, give him my best as well.

Take Care,

Orlando Frasca
www.risdirect.com
www.insurance-for-boats.com
www.insurance-for-motorcycles.com

Keep Thieves At Bay While On Summer Vacation

2009-06-13T08:16:00.000-07:00

Keep Thieves at Bay While on Summer Vacation

It's almost summer. I love my job, and I love serving you and my other clients, but most of all I love a summer trip.

It's exciting, adventuresome, and educational. However, whenever you travel there are risks. Although most travel risks are long-shots, they are risks, nonetheless.

Before a recent trip I took I ran across an interesting article about how to keep thieves at bay while you're on vacation and thought I'd share the tips with you. Now, I'm not typically doing all of the following, but it is food for thought:

Once you get to your hotel, you should do the following:

1. Checking In -- When registering at the front desk, don't say your name loud enough for others to hear.

2. Maintain control of your luggage. If you give your bags to a bell person, get a receipt.

3. Going into Your Room -- After entering, check behind the doors and the curtains, in the closets and bathroom, and under the bed. Make sure the telephone works.

4. Outside Accessibility -- Are the windows to your room accessible to intruders? How sturdy is the door to your room? While sleeping, use a small wooden or rubber wedge to keep the door closed. Prop a glass or ashtray against the door to warn you of someone trying to enter your room. Ensure your safety on you next trip, and have a blast!

And, mort importantly of all, take a photo of yourself on vacation and who knows, you may see your photo in our "Travel Hall of Fame" section of the monthly newsletter !

All of us at Rogers Insurance Services, Inc. want you to have safe and restful vacations.

Take Care,

Orlando Frasca
www.risdirect.com
925-365-3200

Who REALLY Works for You?

2009-05-27T08:52:00.000-07:00

we HAVE NO relationship with Brown and Brown and this post was removed because the source had not been attributed

Orlando Frasca
www.tgibrokers.com

Catastrophic Consequences

2009-05-21T20:06:00.000-07:00

Not surprisingly, most people are neck-deep in running their own
businesses and don't really understand how their insurance works ... and
that can have catastrophic consequences.

You should have a basic understanding of what you'll be paid if
something happens to your business property. If you don't get the money
you need to replace it, how will you stay in business?

One way insurance companies pay for damaged or destroyed property is the
Actual Cash Value (ACV) method. ACV is calculated as fair market value or
cost less depreciation. Now think about that in this example ...

What's the value of ... let's say ... a 5 year old refrigerator?
Whatever it's worth, it's most definitely a lot less than the cost of a new
one, right? A new fridge might be $1,000 but the used one may be worth
only $500.

With an ACV settlement, if that fridge is destroyed, you'll get $500
from the insurance company. BUT, it will cost you $1,000 to buy a new one.

Now ... that's not necessarily a problem. It's simply a choice. You
have other options.

One of them is Replacement Cost ... and under this method you
essentially get "new for old". When that $500 fridge is lost, the
insurance company buys you a new one - they replace the lost property - as
opposed to compensating you at actual cash value.

Of course, choosing Replacement Cost means higher premiums. After all,
the insurance company has more at risk when insuring replacement cost. And
more risk means more premium.

Neither option is right, and neither option is wrong. It depends on
your individual circumstances and your capacity to keep some risk yourself
in exchange for lower premiums. (By the way there are other options. I
just want you to understand the basics.) And don't forget, the value of
your property changes from year to year.

In reality there are greater complexities, but if you understand the
basic difference between Actual Cash Value and Replacement Cost, you'll be
well on your way to protecting your property to your desire and your
budget.

Give me a call if you want to discuss this topic further, or to make
sure your property is protected like you want it to be.

Thanks,
Orlando Frasca
www.risdirect.com
www.mytowtruck.com
www.mybigrig.com
www.insurance-for-boats.com
www.insurance-for-contractors.com
www.insurance-for-motorcycles.com

Who is in YOUR professional rolodex?

2009-05-20T11:30:00.000-07:00

Who is in YOUR professional rolodex?

When you have a legal question, do you ask neighbors & friends or call your attorney? When you have a tax question, do you again ask co-worker's or your accountant?

Do you have a good legal, accounting & banking team you can call at a moments notice? Someone who will be honest in their opinion?
We hope that is how you think of us & our insurance agency here at Rogers Insurance. We should be in your professional advice rolodex, because that is what we do every day.

Helping people understand the ins and outs of what coverage they do & do not have! Helping answers sticky questions, even if it is not one of our policies! Direct and honest answers you will ALWAYS get from us. Be safe, not sorry - ask if you are unsure!

Be safe this holiday weekend - enjoy the good weather coming our way! And thanks for being a client.

Take Care,
Orlando Frasca
www.risdirect.com

Happy Mother's Day to All Mom's...Enjoy this Video

2009-05-10T08:00:00.000-07:00

Here is one of the funniest Mother's Day Video's I've ever seen;

Cheryl, my wife, couldn't stop laughing. Share with all the Moms you know and enjoy the day !

http://www.youtube.com/watch?v=goAvnb2vHdE

Take Care,

Orlando Frasca
www.risdirect.com

Not Quite Mother's Day; but this is GREAT! pass it on

2009-05-06T11:23:00.000-07:00

My wife, Cheryl, and mother of my 3 children sent this to me this morning; so I thought I'd share it with all of you. My 7-year-old, Isabelle is a 2nd grader so I can appreciate where the thought process is in this:

Well, it's not quite Mother's Day yet, but here is a cute story you may want to pass on to all the Mother's you know.....it's a nice pick-me-up for a Wednesday:
Answers given by 2nd grade school children to the following questions:

Why did God make mothers?
1. She's the only one who knows where the scotch tape is.
2. Mostly to clean the house.
3. To help us out of there when we were getting born.

How did God make mothers?
1. He used dirt, just like for the rest of us.
2. Magic plus super powers and a lot of stirring.
3. God made my Mom just the same like he made me. He just used bigger parts.

What ingredients are mothers made of ?
1. God makes mothers out of clouds and angel hair and everything nice in the world and one dab of mean.
2. They had to get their start from men's bones. Then they mostly use string, I think.

Why did God give you your mother and not some other mom?
1. We're related.
2. God knew she likes me a lot more than other people's moms like me.

What kind of little girl was your mom?
1. My Mom has always been my mom and none of that other stuff.
2. I don't know because I wasn't there, but my guess would be pretty bossy.
3. They say she used to be nice.

What did Mom need to know about dad before she married him?
1. His last name.
2. She had to know his background. Like is he a smart? Does he get drunk on beer?
3. Does he make at least $800 a year? Did he say NO to drugs and YES to chores?

Why did your mom marry your dad?
1. My dad makes the best spaghetti in the world. And my Mom eats a lot.
2. She got too old to do anything else with him.
3. My grandma says that Mom didn't have her thinking cap on.

Who's the boss at your house?
1. Mom doesn't want to be boss, but she has to because dad's such a goof ball.
2. Mom. You can tell by room inspection. She sees the stuff under the bed.
3. I guess Mom is, but only because she has a lot more to do than dad.

What's the difference between moms & dads?
1. Moms work at work and work at home and dads just go to work at work.
2. Moms know how to talk to teachers without scaring them.
3. Dads are taller & stronger, but moms have all the real power 'cause that's who you got to ask if you want to sleep over at your friend's.
4. Moms have magic, they make you feel better without medicine.

What does your mom do in her spare time?
1. Mothers don't do spare time.
2. To hear her tell it, she pays bills all day long.

What would it take to make your mom perfect?
1. On the inside she's already perfect. Outside, I think some kind of plastic surgery.
2. Diet. You know, her hair. I'd diet, maybe blue.

If you could change one thing about your mom, what would it be?
1. She has this weird thing about me keeping my room clean. I'd get rid of that.
2. I'd make my mom smarter. Then she would know it was my sister who did it and not me.
3. I would like for her to get rid of those invisible eyes on the back of her head.

WHEN YOU STOP LAUGHING --
SEND IT ON TO OTHER MOTHERS, GRANDMOTHERS, AUNTS
And anyone else who has anything to do with kids or just needs a good laugh!!

Take Care and Remember your Mothers on Sunday !

Orlando Frasca
www.risdirect.com
925-365-3200

Mayonnaise Jar & Two Beers...

2009-04-07T11:37:00.000-07:00

You may have already heard this, but it does ring true……look at the glass as half-full instead of half-empty:

There is always time for a beer between friends!

Mayonnaise Jar & Two Beers...

When things in your life seem almost too much to handle, when 24 hours in a day are not enough, remember the mayonnaise jar and the 2 Beers.

A professor stood before his philosophy class and had some items in front of him. When the class began, he wordlessly picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls. He then asked the students if the jar was full. They agreed that it was.

The professor then picked up a box of pebbles and poured them into the jar He shook the jar lightly. The pebbles rolled into the open areas between the golf balls. He then asked the students again if the jar was full.. They agreed it was.. The professor next picked up a box of sand and poured it into the jar.

Of course, the sand filled up everything else. He asked once more if the jar was full. The students responded with a unanimous 'yes.' The professor then produced two Beers from under the table and poured the entire contents into the jar effectively filling the empty space between the sand. The students laughed..

'Now,' said the professor as the laughter subsided, 'I want you to recognize that this jar represents your life. The golf balls are the important things---your family, your children, your health, your friends and your favorite passions---and if everything else was lost and only they remained, your life would still be full.
The pebbles are the other things that matter like your job, your house and your car. The sand is everything else---the small stuff. 'If you put the sand into the jar first,' he continued, 'there is no room for the pebbles or the golf balls.

The same goes for life. If you spend all your time and energy on the small stuff you will never have room for the things that are important to you. Pay attention to the things that are critical to your happiness. Spend time with your children. Spend time with your parents. Visit with grandparents.

Take care of the golf balls first---the things that really matter. Set your priorities. The rest is just sand. One of the students raised her hand and inquired what the Beer represented. The professor smiled and said, 'I'm glad you asked.'
The Beer just shows you that no matter how full your life may seem, there's always room for a couple of Beers with a friend.

Take Care and have a Great Easter !

Orlando and Team
www.risdirect.com
925-365-3200

Scoring Big on Airline Miles

2009-04-02T21:35:00.000-07:00

Okay, this has NOTHING to do with Insurance. But, as most of you know, I'm a "points" and "mileage" freak. I won't go out of my way when's it's inconvenient, but will look at different ways of maxmizing free trips.

In fact, I became so adept at it, the NY Times did a nearly-full page article on Hotel Points, that they put a photo of me and my older daughter, Isabelle, in that newspaper back in October ( here's the NY Times link: http://travel.nytimes.com/2008/10/21/business/21loyalty.html )

So, I found this interesting opportunity for mileage "arbitrage" earlier tonight and I'd thought I'd share it with you.

For those of you traveling on Trans-Atlantic flights, or traveling to India here's some great news on TRIPLING your miles ( and this really only applies if you are a Delta Airlines Frequent Flyer or Northwest Frequent Flyer):

Delta triple elite-qualifying mile promo: Northwest has the same offer, but it also includes KLM trans-Atlantic and India flights. The Northwest and Delta programs will be merged sometime this year, of course. So if you seek Delta/Northwest miles from a KLM flight, register via Northwest, not Delta.

Since Delta and NW are merging later on this year, their mileage accounts will also merge...so, for you and me, more miles simply by flying under a NW FF # instead of a Delta or KLM/AF.

Again, nothing earth shattering, but if you are flying KLM/AF, you might as well get more miles for the same flight.

Take Care, and, I promise, we'll discuss some interesting insurance tidbit in the next blog.

Orlando Frasca
www.risdirect.com

Secret to getting your Claim PAID IN FULL

2009-03-10T15:09:00.000-07:00

How do you prove your loss?

I just had another client ask me - "Orlando, How do I prove what I owned that was stolen, lost or burned? he said, I don't have any receipt to prove I bought this."

After a lot of haggling with the claims adjuster, we got them to pay the claim in full. But, if you want to avoid the frustration and hassle, simply have receipts handy...OR , if it's an expensive item, get an insurance rider/floater ... those are priced fairly low ( tip: call the office for more details on your personal situation: 925-365-3200)

Receipts are always the best way to go - especially with high ticket electronics, artwork or antiques. But pictures can do just as well. Take some pictures and store them away from your home - like at your office or your parents home. Pictures wide enough that shows the item inside your home.

Artwork, guns, antiques, anything of value that a typical homeowner might NOT have in their home. Example: with flat screen TV's being a normal item now, a37" or 42" probably doesn't need receipts but a 52" or 60" one would.

If you are not sure, take a picture anyway or keep the receipt. It is always better to be safe than sorry and make sure your claim is covered. The 'burden of proof" is on you, the insured, at the time of the loss. Call us if you have any questions.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

Confusing and DANGEROUS Insurance Terms

2009-02-25T10:29:00.000-08:00

We were talking about the various "double-speak" that insurance companies use in their policies at lunch today.

There is a ridiculous amount of junk and pure "BS" in some of the policies we come across. So, we decided to pick one term we have to deal with on a daily basis ( as do you if you own any commerical property at all): the term "Co-Insurance"

Unfortunately, in the office, we often use "insider" terminology out of habit. It becomes confusing AND DANGEROUS for clients if it's not understood properly.

One of the most dangerous concepts in insurance is "co-insurance". I say dangerous because if you don't understand it, you can get burned by your own uninformed decisions.

Long ago, when insurance came to be, an interesting "battle" took place ...

Insurance companies determined that by taking a little bit of money
(premium) from lots of people, they could afford to pay for huge losses of only a few of those people. Based on expected losses they decided how much premium to charge. And an assumption they made was that everybody would insure their property fully.

Bad assumption! Policyholders quickly realized that most losses are small - rarely a total loss. So, instead of insuring their $500,000 building for $500,000, they insured it for less - risking that they wouldn't suffer a total loss. This wrecked the insurance companies' ability to pay losses and be profitable, too.

So, the insurance companies invented "co-insurance" - which basically means
- if you don't insure the full value of your property, you're going to share in the partial losses.

For example (simplified for illustration purposes), if you have a building worth $1,000,000 and insure it for $800,000, you've insured 80% of value. If there's a total loss, you only get $800,000 because that's the coverage limit you chose. That's NOT co-insurance. That's coverage limits.

Co-insurance comes into play on PARTIAL losses. In this example, if you have a partial loss, of say $100,000, the insurance company will only pay $80,000 ... because you only insured 80% of the full value and 80% of $100,000 is $80,000. You pay the other $20,000. That's co-insurance...AND , it's in addition to your deductible.

That's a pretty compelling reason to insure to full value.

Now most policies require you to insure at least 90% of value to avoid a "co-insurance penalty" at the time of loss. (But, remember, your policy will never pay more than the limits of coverage. So, if you insure 90% of value and have a total loss, you're only going to get 90% of the loss from the insurance company - your policy limits.)

Wait! There's one last landmine here ...

To determine if a co-insurance penalty will apply, the value of your property will be determined at the time of loss - NOT what it was worth when you bought it, NOT what it was worth when you bought your policy, and NOT what you say it's worth.

The insurance company will determine the value of your property at the time the loss occurred. Why is this important?

Let's say you paid $100,000 for your building 5 years ago, and insured it for $100,000 - fully insured, no chance for a co-insurance penalty. And let's say the building is worth $120,000 today, but you didn't increase your insurance.

Now there's a partial loss, the insurance company values your building at $120,000 and says, "A co-insurance penalty applies, because your insured value of $100,000 is less than 90% of the building's real value of $120,000." What a nasty surprise.

There are a number of tools to help prevent this. "Inflation Guard"
protection and annual reviews are two good ones. The most important thing is for you to have a basic understanding of your exposure.

Ultimately, your insurance decisions are yours. Be an educated consumer and make sure you get what you want. Give me a call if you want to discuss any of your coverage limits.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

Finally, the YouTube Video You've Been Waiting For...

2009-02-09T09:57:00.000-08:00

Yes, I got off my rear end and have posted Gabe Essoe's visit to our office confirming him as the 2008 Rogers Insurance Referral Rewards Program WINNER !

Here's the link to the youtube video: http://www.youtube.com/watch?v=dd5-c-WcyuM

Saving a TON of Money On Your Business Insurance

2009-02-02T15:12:00.000-08:00

Generally speaking, agents who classify and rate their clients incorrectly cause those same clients to pay more than they should for insurance.

This comes up often for discussion in our office when we see some of the atrocities that "general" agents/brokers cause for their clients.

I called and spoke with one of the best insurance agents in the country, one that I am still continually learning from, Bill Reynolds, and asked him about this. Now, I have to admit, I'm glad Bill and I aren't competitors because he could run circles around me when it comes to insurance.

However, he mentioned a few things that he also runs into and we composed a list....here are 12 things that you need to be aware of...AND, if your current agent doesn't understand the terminology listed, consider another one IMMEDIATELY!

1. Use proper classifications. The first step in rating a commercial general liability insurance policy is to determine the classification which best describes the business operation. You should study the classification code(s) and make sure that the correct code(s) are being used. An incorrect classification code alone can cost you customers and prospects thousands of dollars at renewal.

2. Delete clerical office employee's payrolls. If you use "payroll" as the exposure basis (normally contractors and other service providers do), be sure to delete any overtime surcharges from reported payroll. This rule applies only if these affected employees are physically separated from other work areas and if their duties are strictly clerical in nature.

3. Delete overtime surcharges. Extra pay for overtime is also not included in the payroll of contractors and other service providers when "payrolls" is used as the exposure base. In other words, the extra 50% of the hourly wage paid to an employee who works overtime is not included in the payroll exposure. While this may require extra recordkeeping, the additional savings will more than be justified by the premium dollar savings.

4. Use executive officer payroll limitations. Again, for contractors and other service providers using "payroll" as their exposure base, the payroll of executive officers, individual owners, and partners is included in the exposure base. However, most states limit the amount of payroll that is included for these individuals.

5. Consider excluding inter-company sales. The commercial general liability policy will cover a suit against one insured brought against another insured. For this reason, the money paid to one company by a sister company for goods or products is included in the "gross sales" exposure base of companies in the manufacturing, processing or mercantile businesses. This coverage for inter-company suits can be excluded by endorsement. When this is done, inter-company sales would be deleted from the applicable exposure base. The endorsement is free by the way.

6. Delete sales taxes and excise taxes. For companies using a "gross sales" exposure base, sales and excise taxes paid to governmental entities should not be included in the exposure base. Also, finance charges for items sold on an installment basis are also included in the exposure base.

7. Where possible, make sure the underwriter uses experience rating. Experience rating of general liability policies is optional in all states except Texas and Louisiana. It involves a formula that compares past loss experience to that of similar companies to calculate an "experience modifier." Generally an annual premium of $3,000 or more is necessary to be eligible for experience rating. Because experience rating tends to be more sensitive to loss frequency that to loss severity, a firm with loss frequency may be able to reduce its general liability insurance costs by this method.

8. Obtain schedule credits. Your customer or prospect may be able to qualify for a schedule credit, which has the affect of directly reducing your general liability rates. Generally the characteristics that are considered by the underwriter are care and condition of the premises, geographic location, type of equipment used in operations (including maintenance), selection and training of employees, and the product quality control program.

9. Consider using deductibles. As with other lines of insurance, the use of deductibles can significantly reduce insurance premiums. Commercial general liability insurance can be written subject to a bodily injury deductible, a property damage liability deductible, or a combined bodily injury and property damage deductible.

10.Negotiate premium credits for coverage limitations. In this difficult insurance market condition it is absolutely critical that you carefully evaluate corporate exposures and consider eliminating unnecessary coverage, or coverage that can be reasonably self-insured. There are a number of general liability coverage components that can be eliminated or limited by endorsement, thereby reducing insurance premium.

11.Consider dropping medical payments coverage. A "fringe" coverage automatically provided under a general liability policy that should possibly be eliminated is "medical payments" coverage. This coverage reimburses for money expended in arranging for first aid or other medical treatment of third parties injured on your premises. In effect, this is goodwill insurance.

12.Obtain certificates of insurance for contractors. The general liability policy automatically covers suits brought against the insured company because of the operations of its independent contractors.. This is called "independent contractor's coverage." A fairly low rate applies to the coverage, but only if your customer or prospect obtains proof that their independent contractors are carrying "adequate insurance." This is done by obtaining certificates of insurance and keeping them on file. If this is not done there is a much higher rate for the exposure, which would have the affect if increasing insurance premium.

Now, granted the above list is pretty broad; IF you want your policy reviewed, call my office and we'll be more than happy to help you .

Take Care,

Orlando Frasca
www.risdirect.com
www.mytowtruck.com
www.mybigrig.com
www.onlycontractors.com

925-365-200

Hearty Congratulations to our 2008 Rewards WINNER !

2009-01-20T20:27:00.000-08:00

Yes, a huge, hearty congratulations for the Rogers Insurance 2008 Referral Rewards Program Winner.......Gabe and Kelley Essoe !

Gabe Essoe's name was chosen out of 847 entries ( each person who referred a client to us got an entry PER referral) for the Grand Prize : An all-expense paid vacation to the city of his choice in Europe! The prize includes airfare, hotel and spending money.

Gabe, ever the romantic, is taking his wife Kelley ( see the attached photo to see how romantic they are ....) to Paris ...and , they are going in Spring.

Gabe is also know as "The Property Guy" and is the # 1 Realtor in Eastern Contra Costa County in Northern California.

Stay tuned for the release of the 2009 Rewards Program...it's bigger and better than ever...and, for those lucky enough to get my newsletter, have already gotten a sneak peak as that newsletter hits mailboxes this week !

2009 Rewards will give you more chances to win and even more prizes !

Enjoy the rest of the week..and, again, help me congratulate Gabe Essoe!

Take Care,

Orlando Frasca
www.risdirect.com
925-365-3200

Myths and Truths about Flood Insurance

2009-01-14T11:59:00.000-08:00

As we enter the rainy season, I'm getting phone calls inquiring about flood insurance.

Most people are NOT aware that flood insurance is NOT covered by Homeowners Insurance.

As my brother in law, David, found out when his basement got flooded ( he lives in Virginia--and, we don't operate in Viriginia, so he didn't even think to consult with me on it.....bad for him, bad for his agent there)

In fact, there are quite a few "myths" about flood insurance, so here are the TRUTHS about floods and flood insurance:

Flooding is the most common natural disaster can occur almost anywhere at anytime. You don't need to live near water.

Flash floods, inland flooding and seasonal storms bring flooding to every region of the country.

Just one inch of water can cause thousands of dollars in damage.

Most homeowners insurance does not cover floods.

Only flood insurance financially protects your home and your personal property from floods.

A flood insurance policy compensates homeowners, renters and business owners for all covered losses, and as opposed to a disaster loan, there is no payback requirement.

The average flood insurance premium starts at around $350 a year.

Once purchased, there is a 30-day waiting period for the policy to become effective, so don't wait to buy it!

You can purchase flood insurance no matter what your flood risk is.

You can get flood insurance if your house has been flooded before, and you can purchase it even if your mortgage doesn't require it.

30% of all flood insurance claims come from low- to moderate-risk areas.

For just $112 a year, homeowners can purchase a minimum of $20,000 building and $8,000 contents coverage ($25 more if there is a basement).

Renters can pay as little as $39 per year for $8,000 contents coverage.

Business owners can buy $50,000 building coverage and $50,000 contents coverage (per building) for just $500 per year.

Business owners who lease their space can purchase $50,000 contents coverage for just $121 per year.

So, call my office at 925-365-3200 if you have specific questions or want a flood insurance policy. It'll take less than 7 minutes to get the information and policy prepared.

Take Care,
Orlando Frasca
http://www.risdirect.com/
925-365-3200

3 Common Insurance Traps...BEWARE !

2009-01-12T09:51:00.000-08:00

I asked Jenci Wilcox, our top-notch Account Manager, to give me her Top 3 list of all time of “insurance traps” that she runs into on a regular basis.

Here they are:

3 Insurance traps to beware of:

Obviously if you get into a car wreck, your auto premiums are going to go up. If you smoke, you are going to pay more for life insurance. If you live in a wildfire area, you will be paying much more for your homeowners insurance than someone who lives in a suburban area. The greater the risk, the more you are going to pay!

Insurers also care about other, less obvious things: What you have in your backyard, what breed of dog you own, how you give birth

Here’s what you need to know:

TRAMPOLINES

>We all love them, but many insurance carriers don’t. Most will charge a much higher rate to cover the risk of injuries, while some won’t cover you at all.

“Even with the proper safety measures in place, trampolines are considered a big risk and account for more injuries requiring emergency-room treatment than backyard swimming pools do,” says Loretta Worters, spokeswoman for the Insurance Information Institute, a trade group. “On average, trampoline accidents run about $300 million annually in medical, legal and insurance expenses.”

Some insurance carries will only cover trampolines if they are inside a locked fence. Others will issue a policy that excludes coverage for injuries from the trampoline.

DOGS

>Insurance companies are extremely concerned about the rising costs from dog-bite claims. (Dog bits now make up 1/3 of all homeowner liability claims, the average cost was $24,511 in 2007, up 28% in 5 years.) Many carriers have blacklisted certain breeds of dogs, such as pit bulls. Others will cover any dog until damage is done, then you may lose your coverage or pay much more and sign a waiver that excludes any further damage done by the dog.
Some carriers don’t make these known upfront. If you are shopping for a homeowner’s policy, make it clear that you own a dog and what kind it is. This way you don’t get cancelled down the road nor do your premiums go up.

Caesarian Sections

>If your health insurance isn’t covered by your employer, you’ll pay more for maternity benefits through an individual plan.
Maternity coverage may be more expensive or not available at all if you have had a child by Caesarian section.
C-sections typically cost carriers nearly $3,000 more than vaginal deliveries, and a woman who’s had a C-section in the past is more likely to have one in the future. Some carriers will refuse to provide maternity benefits to those women, while others charge them more for coverage.

I hope this helps; if you have questions on this or any other "hidden" insurance questions, visit my website, www.risdirect.com for some FREE Reports based on what you need, or call the office at 925-365-3200.

Take Care,

Orlando Frasca
www.risdirect.com

Yuck..or Having Fun....New Year's Resolutions

2009-01-05T08:32:00.000-08:00

Another year tucked away in the history books. A new one ahead.

For most people, new years resolutions made ruefully, in jest, and hope for a better year. Their life strategy is hope.

So for most the new year will unfold pretty much like the old year. Same grievances, same behaviors, same outcomes. I sometimes wonder what these folks are actually celebrating when the ball drops.

A friend of mine, who works nearly as compulsively as I do, was asked “But are you having fun?”

The question is asked because most people must separate “work” or “business” from “fun”, and a lot of their “fun” must be artificially induced. You’re supposed to get wisdom with age, but I find myself more puzzled about this thing we call “fun”, and this thing we call “happiness.”

A lot of people seem to be defying our core genetic impulses in search of fun and happiness outside of and away from meaningful accomplishment. By genetic impulse, I mean that we are hard-wired to invent, build, improve and achieve. Forward movement to goals.

How you can disconnect and separate that from “happiness” is beyond me. I doubt you can, and suggest that the dramatic explosion of anti-depressant drug consumption is a result of peoples’ misguided attempts to try.

Years ago, a book called ‘Prescription For Happiness’ was compiled, with different celebrities and authors contributing prescriptions brief enough to be written on a doctor’s little prescription pad.

For whatever it might be worth, here’s mine: Strive to get smarter. To do a lot of things better. To do at least one thing so well no one else can match your skill. Set, pursue and achieve a lot of goals. Resist status quo, ignore less creative or ambitious peoples’ criticisms, disapproval or honest confusion.

Find something useful and immensely profitable to do that interests you immensely and do it.

Orlando Frasca
www.risdirect.com
Rogers Insurance Services, Inc.
925-365-3200

Orlando's Christmas Receipes

2008-12-13T10:09:00.000-08:00

I had an interesting weekend and fairly busy 2 days last weekend.

The girls each had friends that had Birthday parties ( one on Saturday and one on Sunday).

Since my wife Cheryl took the girls to the party, this left me with the 2 year old and the other girl all alone for lunch. Now, generally speaking, we are all together during lunch time on most weekends, or I'm the one driving the kids to a given location. But, Cheryl decided to take advantage of these parties and then continued on to do some Christmas shopping.

Now, I normally don't cook (even though I've been told I used to make a mean pasta dish ). So, feeding the kids usually entails Peanut Butter and Jelly sandwiches, or whatever leftovers I can dig out of the fridge.

Well, Cheryl left me the following 2 receipies to use in case of emergency ( like last weekend) and I thought I'd share them with you. ( She's getting annoyed that I keep buying fast food when I'm with the kids )

Make sure you pass them on to the "non-cook" of your family as it may help the "non-cook" tremendously....and, they are quick and easy to do ( and seriously, this is what she wrote down for me):

1. Lunch: Pizza
Ingredients:
1 Phone book
1 Phone
1 $20 bill

Directions: Open phone book to letter P. Look for heading under "Pizza" . Find the nearest pizzeria. Phone in order for a large cheese pizza. Wait 30 minutes or less. Upon arrival, pay for pizza including tip for driver. Sit kids down at table; open box of pizza and serve.

2. Dinner: Chef's Home-Style Surprise
Ingredients:
1 automobile
1 mother

Directions: Drive to your mom's house. Enter house and say "Hi, Mom!" Have whatever she's having.

Christmas Decorations...potential hazards

2008-12-01T15:49:00.000-08:00

We started decorating our house for Christmas and it seems that someone other than me always has a HUGE display of Christmas decorations.

You might have a neighbor like that in your neighborhood, or maybe it's you! But even decorating for the holidays can be dangerous. Believe it or not, around 10,000 people are seen in emergency rooms every year as the result of burns, falls, shocks and cuts they received in the midst of decorating.

Evergreen trees are a mainstay in many homes over the holidays. And while they are beautiful, the CPSC says trees can easily become fire traps.
According to a recent survey by the Commission dried out trees start more than 200 fires each year - some of which are fatal. But there are a few things consumers can do to avoid a tragedy during the holiday season.

The freshest trees are the least combustible, so live trees should have green needles that are difficult to pull from branches, don't break when bent and don't fall off if the tree is tapped on the ground. The tree's bottom should be sticky with resin. All trees - live or artificial - should be kept away from fireplaces, radiators and high traffic areas in the home.

Lights, while adding to a festive holiday atmosphere, can also be a source of house fires. Opt for newer lights that have been tested by a nationally recognized laboratory, such as the Underwriters Laboratory (UL).
Lights should have thick wiring, and should be devoid of broken or cracked sockets, loose connections and frayed or bared wires. If lights are going to be used outdoors, they should be marked as such. Avoid extension cords unless they are specifically designed for lighting use.
Never use electric lights on a metallic tree, as this can pose an electrocution hazard.

Finally, while Santa likes stockings hung at the chimney, he asks that it be done with care. A screen should be placed around the fireplace to keep sparks from coming into contact with decorations, furniture or other flammable items. It is also not a good idea to burn wrapping paper or plastic materials in a fireplace. And fire salts, which are used to
produce colored flames, must kept away from children. The CPSC says they
contain heavy metals which can cause gastrointestinal problems and vomiting if eaten.

Deocrating accidents don't have to ruin anyone's fun this year. By keeping in mind these simple tips, the season can be truly joyous for all.

As always, if you or anyone you know might find this message useful, please forward it to them. We want to help as many people as possible.

Warmest wishes from all of us,

Orlando Frasca
925-365-3200
www.risdirect.com

Saying "THANKS" in a Better Way

2008-11-25T08:10:00.000-08:00

I subscribe to some interesting magazines and "e-zines". One of my favorite ezines is from Jeff Gitomer who often offers some common sense info that, frankly, isn't so common anymore.

This morning in my email, I received his note of Thanksgiving. In it he talks about how insincere we can be; and if not insincere , robotic about our daily lives when interacting with people.

I do this more often than I should; but try hard not to. Here is an exerpt from his ezine with my commentary interspersed.

Well, it’s that time of the year again. Gobble gobble. Everyone will eat more food and more leftovers than last year. Families will gather and depart.

Many people are now practicing the, “Send a Thanksgiving card to beat those who send Christmas cards.”

Yeah, that’s a good idea. Instead of sending an insincere Christmas card, you can send an insincere Thanksgiving card.

Now of course not everyone sends an insincere holiday card. But many have a “list,” and they send a card to everyone on it no matter what.

What Thanksgiving is really all about is giving thanks; or better said, saying thanks. How do you say thanks? Go into any retail store and most of the time (not all the time) some clerk will say, “Thanks and have a nice day.” Do they only mean that day? If I didn’t buy anything, would they still want me to have a nice day? After they say the same thing 1000 times, do they really mean it, or are they just repeating it out of habit?Back to Thanksgiving.

For many, there is a genuineness about Thanksgiving. Friends and family gather around and give thanks for the meal, but I’ve always used it for a time of reflection. Who can I call to say hello to? Who do I wish was at the dinner that has passed away? What do I really need to be thankful for? And what actions will I take to show my thankfulness? That’s thanksgiving to me.

Oh sure, I love the turkey, I love the stuffing, I love the cranberry sauce, I love the pumpkin pie, but way more than that, I love the feeling. After Thanksgiving comes the panic before Christmas: the list, the shopping, the 6am sales, the traffic, the hustle bustle. In all of that you may be forgetting that “saying thanks” thing that you resolved to do at Thanksgiving. So please permit me to awaken you as to the reality of Thanksgiving and the promise of Christmas.

The simple answer is: saying thanks.

That being said, some of our team has already left to be with their family and some will be leaving tomorrow.

In my case, my inlaws live close by ( for now, they're almost done building their dream, retirement home on a lake back East) and my mom is only 20 minutes away.

My Thanksgiving Day has changed quite a bit. When I was a kid, we'd have our annual "Turkey Bowl" football game. Then, it became a "Movie Theater" morning as my mom and aunts would kick me and my cousins and our children out of the kitchen so they could keep cooking.

Now the spread of kids is broad ( from my not-quite-2-year-old to 16 year olds); so the "Movie" doesn't work well, the football game...not enough people willing to throw their backs out...so, it'll be interesting to see what happens tomorrow.

The only thing I can be sure about, is my mom's cooking, one of my friends coming back from a quick 4 day biz trip to China coming thru the door with multiple bottles of wine...and my reflection on this past year .....and future years to come.

Happy Thanksgiving !

Orlando Frasca
www.risdirect.com
925-365-3200

Thanksgiving FIRES !!

2008-11-18T14:49:00.000-08:00

Did you know that more kitchen fires are reported on Thanksgiving Day than any other day of the year? Here's a quick list for you to print out and keep handy during this busy holiday season.

*Supervision is the key. Never leave cooking food on the stovetop unattended and regularly check food cooking inside the oven.

*Get in the zone. Keep children and pets away from the cooking area by creating a 3-foot safety zone around the stove.

*Keep away from the heat. To reduce the chances of bumping pots and pans and spilling their contents, turn panhandles in, but away from hot elements and burners.

*Keep it clean. Keep the cooking area clean and clear of anything that can burn -- towels, potholders, drapes, food packaging, etc.

*Roll 'em up. Make it a point to wear short, close-fitting or tightly rolled sleeves when cooking. Loose clothing can dangle onto burners and catch fire.

*Is it too hot to handle? Use thick, dry, flame-resistant potholders when handling lids and pans.

*Keep a cool head. In the event of a range-top fire, put on an oven mitt and smother the flames by turning off the burner and carefully sliding a lid onto the pan. Leave the lid in place until well cooled. Never carry the pan outside.

*Water and grease don't mix! Never use water or flour on a grease fire.
Doing so can shoot burning grease around the kitchen, actually spreading the fire.

*Use the right tools. If you're familiar with using a multi-purpose fire extinguisher, keep one handy in the event of a grease fire.

*Prevent flame spread. If you have an oven fire, immediately turn off the heat and keep the door closed to prevent flame spread.

Print this list and share it with your friends and loved ones. Be safe and alert to any kitchen dangers and you'll be sure to enjoy a wonderful holiday season.

As always, if you or anyone you know might find this message useful, please forward it to them. We want to help as many people as possible.

Have a GREAT Thanksgiving from all of us at Rogers Insurance.

Orlando Frasca
www.risdirect.com
925-365-3200

Working Out Of Your Home

2008-11-03T06:29:00.000-08:00

Monday; 6.25am

Just got the girls up to get them ready for school. But, I was up at 5 am today because JohnPaul decided to crawl out of his "big boy" bed and wanted to go "outside now".

So, after putting him back in bed, I couldn't get to sleep, so I whipped up some hot chocolate and went to drink it on my front porch.

It was UNBELIVABLE how many cars were on the road. At 5.08AM ! ! I wondered how many were on the way to work ( get that commute started early, and how many were on the way home)

Then my thoughts turned to how many people were working second jobs vs. moonlighting. "Moonlighting" as it used to be called, is trying your hand at something you know, like photography, cake making, cutting hair or doing some accounting work.

What you don't realize is you are putting your home at risk too - due to using your home to operate a business from. Many homeowner's policies have very limited coverage when it comes to also covering your business.

For example, you make wedding cakes and someone claims food poisoning and/or getting sick from your creation. There is NO coverage on your homeowner's policy for that. There is a company out there who sells "In Home" Business policies and they start at $150 per year. Pretty inexpensive costs to your new, small business venture.

Depending on the your "business", some people would need a complete Businessowners policy (BOP for short) and there are companies that issue those for as little as $500 per year. As always, it is better to check with your insurance professionals (us) BEFORE something happens, rather than you saying...guess what happened!

Be a smart insurance consumer.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

Happy Halloween...and, some safety tips

2008-10-29T09:52:00.000-07:00

Happy Halloween! It won't be long. Less than two days away.

I remember when I was a kid, my mom would go through the house and build our costumes with things we had. Sheets turned into ghosts, broom handles became scare crow shoulders, mis-matched prints became hobo outfits, husbands dressed as women, wives as men...Then, we'd all pack into the car and hit the neighborhood. The most fun was when we'd stop at our friends and families and they would try to guess who we were. It was such fun.

Nowadays - more dangers lurk for trick-or-treaters and it is important we take a few minutes to review some safety tips.

* Never trick-or-treat alone. Have at least 2 buddies go with you. Be very cautious of strangers and accept treats only in the doorway - never go inside a house.

* Plan the entire route and make sure everyone knows what it is. Visit only houses where the lights are on.

* Walk on sidewalks and driveways when possible, and cross the street at the corner or in a crosswalk. Don't cut across yards where debris and other hard-to-see objects can cause bad injuries.

* Be wary of fire. Make sure that you are wearing a flame retardant costume. And don't play near lit jack-o-lanterns.

* Some essential travel gear ... a watch, a flashlight, an alarm whistle and a cellular phone, if possible.

* Wear reflective tape on your costume so drivers can see you. The flashlight comes in handy for being visible to drivers, too.

* Check all candy before you eat it!

On the flip side - if someone gets hurt on your property - especially a child - you could find yourself in the middle of an ugly lawsuit. Take these precautions ... especially at Halloween.

* Clean up the yard, driveway and all walkways. Make sure the kids have plenty of room to maneuver.

* Keep open flames far away from anywhere trick or treaters will be walking!

* Take extra care to protect your pets from cars and to prevent them from biting any trick or treaters.

* Use lots of common sense... excited kids will be flittering around your home. Make sure you do everything you can to prevent them from getting hurt.

All of us here at Rogers Insurance wish you a safe and happy Halloween!

Orlando Frasca
www.risdirect.com
925-365-3200

Personal Property Away From Your House

2008-10-22T13:52:00.000-07:00

I get questions on what is covered when you are AWAY from home (especially after the NY Times article on me hit the newsstands yesterday: ( http://www.nytimes.com/2008/10/21/business/21loyalty.html?_r=1&scp=1&sq=orlando%20frasca&st=cse&oref=slogin

Or, when you keep stuff in self-storage.

If you have a homeowner's policy (or renter's insurance) 10% of your "Coverage C" - Personal Property is extended to off premises exposure's like a "self- storage"facility.

It also applies when your stuff is in your car and it gets broken into. Or your luggage gets lost by the airlines. All typical things we see from our perspective, as the insurance agents.

Also remember if you use your self-storage facility for boat storage, ATV storage or snowmobile's, you still need separate insurance for these land conveyance vehicles. They are NOT part of your personal property coverage and do need there own policies to be covered.

Whenever in doubt, please call our office. We are here to protect you and answer coverage questions you have.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

In Case of Emergency....

2008-10-13T08:22:00.000-07:00

Claudia Valderrama, a great client, great friend and Global CFO at Weiden Kennedy sent me the following idea:

The idea is that you store the word "ICE" in your mobile phone address book, and against it enter the number of the person or persons you would want to be contacted " In Case of Emergency ".

In an emergency situation ambulance and hospital staff will then be able to quickly find out who your next of kin are and be able to contact them. It's so simple that everyone can do it.

For more than one contact name ICE1, ICE2, ICE3 etc.

The campaign was started in April, 2005 by Bob Brotchie, a paramedic based in Cambridge, England. He said he got tired of trying to figure out who to contact when dealing with shocked or injured patients who can't give the information themselves. The campaign encourages people to put an entry in their cell phones and other portable address devices under the name of " ICE " (In Case of Emergency).

Emergency personnel can quickly check the cell phone for the ICE entry and reach whoever's name and contact information is there. It also gives the cell phone owner the opportunity to choose who will be contacted during an emergency when that person may not want Mom, Dad, or some other same-named relative to be called.

Research has shown that more than 75 percent of the people it surveyed don't carry any information about who they would want contacted on their behalf in case of an emergency. Visit www.IceContact.com for more information.

I hope this is helpful to you, after all, that is the reason we are here.

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

What If There's An Earthquake?

2008-10-07T10:07:00.000-07:00

Since it's October, a month I've labeled "Earthquake Month", I've been searching around the internet for a fun, interesting "how to" on what do if there's an earthquake.

So, I found the link below; go ahead and try it out; however, there is music, so you may want to turn down your speakers.

Before you click on it though, keep in mind that Earthquake insurance isn't necessarily for everyone. In some cases, you may not want it; in other cases you may....for a quick quote on Earthquake insurance for your particular situation, call my office at 925-365-3200 and we'll get you info quickly....enjoy the link below:

Take Care,
Orlando Frasca
www.risdirect.com

http://www.nwcn.com/sharedcontent/features/flash/quake/during.html is the "fun" link about preparing and handling earthquakes

Better Late than Never...

2008-10-06T11:40:00.000-07:00

I forgot to post info about the camel ride I had with my 18 month old son in Morroco over the summer;

I've attached the link ( it's our monthly newsletter) but at the bottom half of page 1, there is a photo of my little "wild man" -- by the way, we do insure all forms of transportation :)

http://www.risdirect.com/newsletters/newsletter.pdf

Take Care
Orlando Frasca
www.risdirect.com
925-365-3200

What To Do In Case There Is an EARTHQUAKE !

2008-10-06T11:36:00.000-07:00

What If There's An Earthquake?

You may be surprised. I was.

Below is the link; it's pretty short; but gives good information.

Just an FYI, most of the severe Earthquakes we've had recently in California have happened in the month of October, if you want to know how inexpensive Earthquake insurance really can be, call my office at 925-365-3200 or email us at info@risdirect.com

Take Care
Orlando Frasca
http://www.risdirect.com/

http://www.nwcn.com/sharedcontent/features/flash/quake/during.html

Do You Know WHY You Need Life Insurance ?

2008-09-30T14:26:00.000-07:00

I was talking to a client last week when I learned he and his wife were having their first child.

My client is quite successful, and he immediately pointed the conversation to Life Insurance. He's smart for looking out for his wife and family should the worst happen. Unfortunately, there are many circumstances that call for people to evaluate their options, but they fail to.

Now, we don't ever call clients to offer them life insurance, but, recently, we've been getting calls on clients wanting to buy it.

Here are some real life examples of why you may need a life insurance policy in place.

The most obvious reason would be to replace income for your loved ones. If there are people in your life who depend on your income, life insurance can be a safety net for them.

Life insurance can:
** Pay funeral expenses, probate, and other estate costs which can add up very quickly.
** Cover medical expenses and other debts not covered by your health insurance.
** Create an inheritance for your loved ones or dependents. You may not have other assets to pass on, but with a life insurance policy in place there will be something for those you leave behind.
**There may be inheritance taxes; are you prepared to meet this expense?

With a life insurance policy in place your loved ones will have one less worry.

** If you have a philanthropic nature you many want to leave a portion of your estate to charity.

If you or someone you know wants to learn more about the options available to you, whether you have an existing life insurance plan or not (sometimes lower rates are available), don't hesitate to contact my office. I would be happy to answer your questions. 925-365-3200

Take Care,
Orlando Frasca
www.risdirect.com
925-365-3200

FAQ for Homeowners Insurance, Condo Insurance, etc.

2008-09-24T10:03:00.000-07:00

We get many questions on homowners insurance, condo insurance, vacant home insurance that all seem to be similar. Granted, some do have unique circumstances; however, here are the most common questions that tend to apply:

Q: Why is the insurance amount on my policy different from what I paid for the house?

A: The purchase price of your home was determined by several factors including location, special features, appeal of the neighborhood and many other factors. The insurance amount on your home is based on how much it will cost to rebuild your house if it is destroyed. These amounts can be very different. The value of the land on which the home sits is not factored in replacement cost since the land would remain after a disaster.

Q: How do I know if I have enough insurance on my home?

A: Setting the amount of insurance for a home is not a guessing game. Nor is a matter of simply insuring it for the amount that you paid for it. The dwelling value on your insurance policy should reflect what it would cost to rebuild your home in the event of a catastrophe. Since construction costs vary regionally, and because construction costs are subject to inflation, your coverage should be reviewed regularly.

Q: Is my home still covered by my homeowners policy if it is vacant?

A: Your homeowners insurance will continue to cover fire and other hazards to a vacant property, but vandalism is specifically excluded by most policies if it has been vacant for more than 30 days. Theft, damage caused by frozen pipes, and windows broken by any means are also denied coverage. Insurance companies feel that damage to a vacant property can grow worse due to inattention, and some will cancel what coverage does remain in force when they learn of an extended vacancy, Here at Rogers Insurance, we have specific policies that will most of those issues on Vacant Homes.

Q: Can I get insurance on a home that is under construction?

A: If you own the land on which your new home is being built, there is a special policy that you can get to cover it while it is under construction. A licensed insurance professional at Rogers Insurance can develop a plan to provide exactly what you need for full protection until a conventional homeowners policy can go into effect.

Q: Do I really need insurance if I own a condo?

A: If your home is a condo, you need an insurance policy that is different from a conventional homeowners policy. Damage to the structure may be covered by the condominium association master policy. Clothing, furniture, appliances, and personal property are not, nor is an injury to a guest inside your condo. An insurance policy designed just for a condominium owner will provide coverage for these situations. Condo insurance is a good investment and an affordable way to get peace of mind.

For any specific questions, call 925-365-3200 to speak with anyone on my Total Protection Team.

Take Care,

Orlando Frasca
http://www.risdirect.com/

For Realtors & Mortgage Brokers ONLY....

2008-09-22T09:15:00.000-07:00

For Realtors & Mortgage Brokers ONLY....

Here's some news that most of you probably know, but some may not. In certain areas of the country, Fannie Mae and Freddie Mac will buy loans up to $ 729,750 -- in about 100 high priced markets.

Well, for those of you that don't know, you have 3 more months to go up to that amount. Use the next 90 days to close more home sales and home loans at the lower, more favorable mortgage rates as the ceiling on these jumbos comes DOWN on Jan 1, 2009. On that date, it will drop to $625,000.

Take Care,
Orlando Frasca, President
Rogers Insurance Services, Inc.
www.risdirect.com
925-365-3200

The Financial Crisis and You

2008-09-18T09:21:00.000-07:00

If you are following the collapsing of Merrill Lynch and Lehman Brothers, it shows how volitale the stock market is today, with the problems they've had in sub- prime mortgage buying.

It should send you a signal.

And I don't know if you followed the collapse of Indy Mac Bank in July or not but you should at least pay attention to it. The principle of protecting YOUR money remains the same.

The story ( July 16 USA TODAY ) there is about Diane Klein, who left her life savings at Indy Mac Bank-a savings of $260,000.

Not a huge sum of money for some but all she owned for Diane!

The run was on for depositors to get their money out of the bank before it was taken over by the Feds. Diane knew she was protected by FDIC insurance but wasn't sure how much. It turns out she was protected up to $100,000-that is the maximum for FDIC to insure anyone's money. Then Indy Mac gave her 50% of her excess deposit of $160,000-or $80,000.

So far, it's cost Diane $80,000 by leaving her money at a federal insured and chartered bank!

Diane's mistake was not diversifying her money and putting it in several investment vehicles.

( Here comes the shameless sales pitch..watch for it ) One that we offer is an annuity with an insurance company. Very, very safe investment, tax deferred on the interest and guaranteed lifetime income.

Plus, what most people don't realize is that insurance companies contribute to a "insurance safety fund", which is in the event of an insurance company collapse there are funds to make all investors whole again.

Most insurance companies are cash rich right now (with the exception of AIG) and are very, very safe harbors for your money.

So why wasn't Diane diversified? Maybe she never knew of any alternative's, never sat down with a financial planner or never read up on financial issues. And maybe she became embarrassed over time, that she didn't want to be taken advantage of or didn't want to admit her lack of financial knowledge.

Don't you another Diane and keep everything you own in just 1 investment vehicle. Keep yourself informed on financial issues. See a financial planner ( of course we've got 2 here in the office with us) . Ask us for an annuity quote.

I personally believe everyone should have an annuity and diversify, diversify, diversify! Heck, Cheryl and I are pretty diversified in our passive investments just to protect ourselves against issues like this.

NOW is the time some of your money needs to be in an annuity. We have a special report for you too-CD's Vs Annuities. If you'd like a free report mailed to you, call the office at 925-365-3200 or email me at ofrasca@risdirect.com and we'll get one right out to you.

Most of you are pretty sophisticated at finances; but a little more info never hurts.

Take Care,

Orlando Frasca
Rogers Insurance Services, Inc.
www.risdirect.com
925-365-3200

AIG policyholders may be in BIG trouble....

2008-09-15T20:27:00.000-07:00

I've posted the article below that I pulled from the Insurance Journal ( one of the industry magazines). First, though, is my opinion on the AIG situation. AIG is the world's largest insurer....their problems will affect your own personal insurance ... whether you have AIG or not.

The people and companies that should be worried the most are those that are AIG policy holders. When an insurance company has financial problems, the likelihood that they will stretch out the claims process, nitpick on claims payments and offer a decent claims "experience" will be impacted.

If you have an "admitted" AIG policy, the State Guaranty Fund may pick up coverage should AIG go down. If you have a "non-admitted" AIG policy ( subsidiary or otherwise ) , you may NOT be covered for any claims you may have.

Even if you do NOT have an AIG policy, contact your broker or agent and make absolutely sure that your insurance company is still "A" rated ( which indicates financial strength)....and, you may want to re-shop those policies just to make sure you aren't stuck at the most critical times...claims processes.

My office will review your existing policies for free. If you want us to do this service for you, or you simply want a second opinion, call us at 925-365-3200.

Take Care,
Orlando Frasca,
President, Rogers Insurance Services, Inc.
www.risdirect.com

Here is the article:

Chief Executive Robert Willumstad reached out to the Fed late on Sunday,according to reports in the Times, the Wall Street Journal and business newschannel CNBC.AIG's scramble to secure a Fed lifeline came late into one of the worst-everdays on Wall Street, with Lehman Bros on the verge of collapse, and Bank ofAmerica moving to takeover Merrill Lynch & Co. The Fed normally oversees monetary policy and supervision of banks, but CNBCsaid AIG was seeking the funds as a temporary measure and planned to repaythe Fed with the proceeds from asset sales.Rating agencies have threatened to downgrade AIG's ratings by Mondaymorning, said the New York Times.AIG officials did not immediately respond to requests for comment.The company, until recently the world's biggest insurer by marketcapitalization, has been attempting to hammer out an emergency strategicplan after its shares fell nearly 50 percent last week on fears it faced aliquidity crisis.AIG has been negotiating with various parties including officials from theNew York Insurance Department and private equity firms as it seeks ways tofree up capital, raise new capital and protect policyholders.Regulators including New York Insurance Superintendent Eric Dinallo havebeen holed up at AIG's New York offices over the past two days trying tohammer out a plan."We are working to craft a solution to protect the company andpolicyholders," said a person from the New York Insurance Department, whoasked not to be named.Former AIG CEO Maurice "Hank" Greenberg, who ran the company for nearly fourdecades, was not involved in any of the discussions, said his spokesman,Glen Rochkind."He repeatedly offered to assist in any way he could," added Rochkind.Cash CrunchAIG, hit by $18 billion in losses over the past three quarters fromguarantees it wrote on mortgage derivatives, has had to act quickly afterStandard & Poor's said on Friday it may downgrade AIG's ratings.Ratings downgrades could force AIG to post up to $14.5 billion more incollateral, according to a regulatory filing last month.Downgrades could also be detrimental to AIG's insurance business, since somepolicies carry clauses that nullify a contract in the event of downgradesbelow a certain level.Over the weekend, the insurer has been working on a three-part planinvolving asset sales, shifting regulated capital from the insuranceoperations to the holding company, and working with private equityinvestors, said a person familiar with the negotiations.The New York Times said AIG's plans to shift capital had to be put on icebecause of the time and complexity involved, and that private equity firmswithdrew interest over the company's precarious financial health.Parties in capital-raising talks with AIG included buyout firms KohlbergKravis Roberts & Co. and J.C. Flowers & Co., another person familiar withthe talks said.An AIG spokesman earlier confirmed the company was evaluating a wide rangeof options, including asset sales.Media reports have said that one of the companies on the block was AIG'shighly profitable aircraft leasing arm, but the spokesman declined toconfirm this was the case.In late June, AIG said the unit, International Lease Finance Corp., wouldremain part of AIG.AIG was founded in China 89 years ago. In the years since, largely underGreenberg's watch, it grew into one of the world's largest insurers,spanning 130 countries and territories and serving 74 million customers.Greenberg stepped down in 2005, in the midst of an accounting scandal. Hissuccessor, Martin Sullivan, was replaced by Willumstad in June afterinvestors grew disgruntled over its three quarters of losses.Greenberg owns or controls about 12 percent of AIG's stock, making him thelargest shareholder.

Identity Theft and Potential Hassles

2008-09-08T14:53:00.000-07:00

I have a very good friend who is a pretty darn good insurance agent in Pennsylvannia. This morning she sent me this email on Identity Theft and problems you may have with the credit bureaus. So, with a big thanks to Sherie Lake, here you go:

Hi Orlando

Did you know that nearly 25% of the credit reports surveyed had errors that were serious enough to cause consumer to be denied credit?

Usually, you don't find out about errors in your credit report until after theres a problem. Both your claims history and your credit record can influence your insurance rates, and may even make getting insurance difficult. So, I thought I'd give you some information on where to get your reports so you can check your personal information for errors.

The easiest way to find errors is to get a copy of your credit record at any of the three major credit bureaus: Equifax, Experian and Trans Union.

It's a good idea to check your credit report once a year and make sure it's accurate. You may also catch an Identity Thief before they do too much damage to your credit by checking regularly.

Equifax - www.equifax.com or 800-685-1111
Experian - www.experian.com or 888-397-3742
Trans Union - www.transunion.com or 800-888-4213

Even better news for you is the Fair and Accurate Credit Transactions Act (FACT Act) requires the three major credit reporting companies to make your report available to you once every 12 months for free. To get the free report, visit:
https://www.annualcreditreport.com/

Orlando's comments: I hope you found this information useful. One quick insurance note: we have a brand-new ONLINE "instant" quote for umbrella insurance now. Go to www.risdirect.com and find out how inexpensive an umbrella policy costs ( and, it costs even less -- sometimes "free" if you have your home and auto insurance with us as well )

It's sad, but there are people in this world who will take everything you have if given the chance. Of course, your insurance will foot the bill, but ONLY IF you have enough. If you don't it could literally ruin your financial life. Good news - a whopping million dollars of protection can be as little as $14 a month! Erase your worries and your fears. Contact us today about a Personal Umbrella policy. Either call the office at 925-365-3200 or go online at www.risdirect.com

Back To School & You

2008-08-30T20:53:00.000-07:00

Back to School & You.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Last week my friend Jeff's daughter, Chelsea, headed to James Madison University. Since she is a "dormer", she is covered by Jeff & Stacey's (Chelsea's parents) homeowner's insurance automatically.

Nothing for us to do, no notifying the insurance company - it is automatic.

However, if Chelsea were to get an apartment "off-campus", a parents homeowner policy does not follow and a renters insurance policy would have to be purchased.

So while you may not have a child attending college at this time, you probably know a niece, nephew or neighbor who is attending college. Pass along this tip to them because with Iphones, laptops, digital camera's and other electronics - the price to replace their stuff really adds up!

Have a Great Labor Day !

Orlando Frasca, President
Rogers Insurance Services, Inc
925-365-3200
www.risdirect.com

"Power Tips" to Keep Your Business Insurance Rates DOWN!

2008-08-21T20:40:00.000-07:00

It's no secret the economy has hit a rough patch. I won't go into all reasons why this impacts the insurance industry, but I want to share with you some money-saving "power tips." Check this list over and see if there's anything you can do to help keep your rates down now and in the future:

** Comply with recommendations from company engineers and loss control. Naturally, the company will be more favorable to their customers who help keep losses down.

** Voluntarily take steps to eliminate hazardous conditions and create a safe environment any company would want to insure. And safeguard your property to reduce the risk of theft and damage.

This puts you in a position of deserving the lowest rate possible.

** Make a list of the actions you've taken to reduce your risk.

I'll be able to use that list to negotiate your rates.

** Minimize your claims. The businesses that will get the highest rate increases, or not be able to get insurance at all, will be those with frequent small losses or who ignored loss control recommendations.

** Make sure any new equipment or buildings are installed or constructed in a manner desirable to the insurance company.

Consult with me BEFORE proceeding with construction or installation and avoid nasty surprises on the back-end.

** Increase your deductibles and retain more risk - most companies look favorably upon clients with higher deductibles.

It shows you are willing to cover the small day-to-day stuff, and use your insurance for large losses - as it is intended. This will help lower your rates, too.

** If possible, use higher coinsurance formulas to help lower rates.

Be sure your insurance is providing proper coverage amounts. You may be dangerously underinsured in some instances, or paying for coverage you don't need in others. I can review your coverage with you to be certain.

Most importantly, keep me in the loop and on your "advisory team." I'm here to help maximize your protection at the best possible rate so you can focus on your business when the unexpected happens. Give me a call if you have anything you want to discuss.

Take Care,
Orlando Frasca
Rogers Insurance Services, Inc.
925-365-3200
www.risdirect.com

New Mobile Phone Law ... and Potential Issues!

2008-06-11T15:29:00.001-07:00

The new mobile phone law that goes into effect July 1 may also affect your insurance rates!

That's right, in addtion to any fines and the violation on your driving record, some insurance companies may surcharge you for that violation.

Amazing, isn't it. That's right; even though DMV says it's not a "point" like speeding or running a stop sign, that it's a "point" like a seat belt ticket, your insurance company may increase your rates because of that as well!

After surveying the multiple insurance companies we represent, most will NOT surcharge ( for now anyway) while others will start surcharging immediately.

Does that mean it will raise your rates by 20% ? ( 20% is the standard "good driver" discount you get if you have no violations on your driving record; it could mean your insurance company will take away that discounting; increasing the amount you pay)

It ALWAYS pays to reshop your insurance whether you get a ticket or not; for no other reason other than keeping your insurance agent honest.

If you have any questions, call me at 925-365-3200

Take Care
Orlando Frasca, President, Rogers Insurance Services, Inc.
925-365-3200

www.risdirect.com

How to Protect Yourself From Identity Theft

2008-06-03T22:24:00.000-07:00

I was watching TV the other night and the nightly news had a report on how identity theft was the fastest growing crime there is. I was amazed it was the fastest growing but also did know of 4 clients that it happened to too. We put together a "tip" sheet for our own clients and thought we'd share those with you.

Tip #1 : Camera Phones - Be aware of who is around you when checking out at a grocery store, restaurant or retail store. Some of the camera's are quite sophisticated and can capture your information in an instant.

Tip #2: Buy a "confetti" type of shredder and shred all your personal papers, including those "pre-approved" one's you get in the mail.

Tip #3: Put passwords on all your accounts and do NOT use your mother's maiden name or your personal birthday.

Tip #4: Empty your wallet of an extra credit cards and especially your social security number. Do Not carry your birth certificate or passport unless absolutely necessary.

Tip #5: Do NOT put your credit card information on the Internet unless it is encrypted on a secure site.

Tip #6: Review your bank statement & credit card statement every month. Check to see if there is anything that you do not recognize and follow up with the bank or credit card company to get it corrected.

Tip#7: Best One Yet - Do NOT sign the back of your credit card, instead write "photo id required". In most cases, anyone using your card illegally would have to provide that photo identification! (You'll have to show it each time when asked).

Take Care,
Orlando Frasca, President Rogers Insurance Services, Inc.
www.risdirect.com

Landlord Pitfalls-- Critical Mistakes To Avoid

2008-05-21T21:19:00.000-07:00

If you are a Landlord, there are several things that you should be aware of. Here are some examples to help protect you and your property.

Make sure if your property is vacant you shut the water off and make sure the pipes are clear of water to prevent your pipes from bursting.

If your property has been vacant for 30 days or more, be sure to contact us so if you have a loss we can adjust your policy for fire and liability only. Vacant properties have limited vandalism coverage and may not be covered because you are not being insured under the correct dwelling form for a vacant property.

Make sure you are fully aware of any pets your tenant's have. Especially dogs because if your tenant has a dog, you can be held responsible for the dog biting someone.

Did you know that water backup coverage (water backing up from your sump pump) is not available on a Landlord's policy and majority of Landlord's policies do not have contents coverage?

Has the roof, siding, windows, electrical, and furnace all been renovated to prevent a loss? Normal wear and tear is not covered under any insurance policy.

You can put in your leases that tenants are required to carry their own insurance policy. That way if they are party to a lawsuit on your property, their insurance would respond 1st before your landlord policy (if they were negligent).

Call my office if you are not sure about any other issues you may have: 925-365-3200.

Take Care,
Orlando Frasca, President, Rogers Insurance Protection Team
http://www.risdirect.com/
http://www.onlycontractors.com/

2008-05-20T09:41:00.000-07:00

I was running a few statistics on our claims and decided to check on what the most expensive "common" vehicles are to insure, and what the least expensive are.....here's the list:

10 Most Expensive Vehicles to Insure

1. Lexus IS 300
2. Land Rover Discovery Series ll
3. Audi S4
4. Jaguar X-Type
5. Mercedes SLK Class
6. Lexus GS 430
7. Land Rover Freelander
8. Mitsubishi Montero
9. BMW X5
10. Toyota 4Runner

10 Least Expensive Vehicles to Insure

1. Oldsmobile Silhouette
2. Pontiac Montana
3. Saturn L Series Sedan
4. Chrysler PT Cruiser
5. Saturn L Series Wagon
6. Chevrolet Venture
7. Chevrolet Astro
8. Saturn Vue
9. Jeep Wrangler
10. Oldsmobile Bravada

Take Care,
Orlando Frasca, President, Rogers Insurance Services, Inc.
www.risdirect.com
925-365-3200

Little Understood - Uninsured/Underinsured Motorist

2008-05-13T21:02:00.000-07:00

This pays for injuries to you and in some policies, damage to your car if you are hit by a driver who doesn't have insurance or by someone who doesn't have enough insurance to cover your losses.

In most states, more than 10% of motorists don't have any insurance. In some states, as many as three out of 10 drivers don't have coverage. The minimum liability coverage in most states is $25,000 per person / $50,000 per accident!

Many of those who do have insurance don't have enough to cover the damages and injuries that would result in a major collision. If you don't have this coverage (referred to as UMBI/UMPD), you are taking a risk. UM also provides coverage for any injuries you suffer if you are hit while walking or riding a bicycle by a driver with inadequate or no insurance.

This is the part of your policy where you are covering YOURSELF! Most other parts of the policy are covering other people in the event you make a mistake but, this is the part of insurance you are covering YOU for other's mistakes or accidents. Make sure you have matching UM and Bodily Injury limits.

If you have any further questions, either call my office at 925-365-3200 or email Nicole in my office at nicoleg@risdirect.com and she will get a FREE report on "How To Protect Yourself Against Uninsured Drivers"

www.risdirect.com
Orlando Frasca

Swimming Pool Hazards

2008-04-22T11:43:00.000-07:00

Yes, Summer is almost here. For me an my family, that means a lot of swimming ( not only the swim team the girls are on, but at home also). Each presents it's own set of Safety Issues.

I remember a movie a couple years back where the hero in the film - played by Bruce Willis - was a regular guy who happened to be indestructible. His "cryptonite", however, was water. You couldn't hurt this guy, but he could drown.

I think most of us walk around feeling indestructible most of the time. (Bad things only happen to the other guy, right?) And generally life is pretty safe.

But just in case - here are some tips for swimming safety to help you avoid being the "other guy". They apply to adults, teens and children.

* Never swim alone.

* Children should always be supervised by a responsible adult.

* Obey posted safety rules. (And post them!)

* Stay out of the water during thunderstorms. If lightning starts, get out of the water and seek shelter away from metal objects, large trees and open areas.

* Check water depth before diving - jump in feet first if you're not sure how deep the water is. Never dive into an above ground pool.

* When diving, always enter the water with your arms extended over your head and your hands together to protect your head. Slide feet first to avoid the risk of your head hitting the bottom of the pool.

* Keep wheel toys away from inground pools, so small ones don't go in accidentally.

* A fence, wall or barrier should completely enclose the pool area. Access should be by locked gate or door.

* Use inflatable toys and floats with caution, they are not safety devices.

Keep these tips in mind whenever you're swimming or around others who are. A little precaution could save lives.

Finally, call your insurance agent or broker - yes call us at 800-747-5311! For $20 to $35 you can increase your home liability coverage to $1,000,000 or for $150 you can add on an extra layer of $1,000,000 with an umbrella policy (Goes over your home AND autos!)

Enjoy the water and be Safe.

Orlando Frasca
www.risdirect.com
925-365-3200

Umbrella Insurance

2008-04-15T14:35:00.000-07:00

What's today's eighth most emailed business article from The New York Times?

An umbrella policy will cover you OVER and ABOVE regular insurance policies. It's like getting a team of attorneys working for you for only pennies on the dollar.

I've taken some "highlights" out of the article:

"HERE’S the nightmare: Your car skids. You crash into a Mercedes with a highly paid business executive at the wheel. He’s hurt so badly he cannot return to work. A jury awards him millions of dollars and you have to pay it.

"You’re wiped out financially. The court takes your savings, goes after your home and, for decades, requires you to give up a part of your salary."

And check out the story at the end of the article:

"One of Mr. Cox’s clients crashed into the rear of a car on a slick highway. A woman and a child were critically injured. After two years of litigation, his client settled the lawsuit for more than $5 million. The client had $15 million in umbrella coverage. The policy paid for the settlement and all legal costs. “Without the umbrella,” Mr. Cox said, “they would have been completely wiped out.”

Go to www.risdirect.com/umbrella.html and for a price quote on an Umbrella policy that protects you.

Take Care,

Orlando Frasca
http://www.risdirect.com/
925-365-3200

Insurers target `dangerous' dog breeds

2008-04-12T08:49:00.000-07:00

It's true that some insurers discriminate against some breeds, either by not renewing homeowner's insurance, not accepting new customers, or charging more for policies based on what your best friend looks like. Which breeds are affected? That depends.

Nearly all insurance companies that discriminate vote paws down on any dog resembling a pit bull or Rottweiler (so mixes with profiles resembling those breeds are also subject to restrictions). But the list doesn't stop there. Even owners of Chihuahuas and Yorkshire terriers have been targeted.

When Joe Guzzetta, of Buffalo,NY, sought a homeowner's policy, he says Geico turned him down because they don't accept German shepherds. Thing is, Guzzetta has an Australian shepherd/husky mix. The Geico phone representative insisted, "Well, it's a shepherd, isn't it?" "I'll bet if I told him I had a `Gecko shepherd,' the answer would still be, `no shepherds,'" said Guzzetta.

It's a point lost on Jill Buckley, director of legislative services for the American Society for the Prevention of Cruelty to Animals (ASPCA). "I worked in the insurance industry as a defense lawyer for 20 years, and this just isn't sound underwriting," she says. "It seems that if a breed is a risk in one state, that same breed would logically be a risk in another state."

Deal with an Independent Insurance Broker to shop the best deal for you - if you too are a dog owner!

Orlando Frasca, owner of 2 great dogs
www.risdirect.com
925-365-3200

Are You SURE You Are Really Covered ?

2008-04-10T20:04:00.000-07:00

We continue to get questions from people who assume things to be covered but, never ask until after something happens.

Here's what happened last week...a tenant of one of our client's who is a Landlord called and wanted to put a claim in. He was storing his car in the garage and it was stolen.

Heidi explained to him that he needed to file a claim with his car insurance carrier and there was no insurance through the building owner. He was insistent in his demand and his assumption that the landlord was to be held accountable.

We explained that any land conveyance vehicle (a car, antique auto, motorcycle, dirt-bike, 4 wheeler, snowmobile, etc.) is NEVER covered by building insurance. The guy took his plates off his car and never keep Comprehensive Coverage (fire and theft) on his car. He assumed the since the car was in the garage of his Landlord, it would be covered.

You are always better off asking us before something happens than wait until after it does! We cannot and will not back date any coverage or policies for anybody - it's not ethical or the way we do business.

If you have things stored in your garage that are of a land conveyance use, please call us to check for proper coverage. Your homeowner's policy will not cover something like this.

Please feel free to pass these tips to your family, friends and business associates.

Orlando Frasca, President
www.risdirect.com
925-365-3200

Replacement Cost For Your Home!

2008-04-10T19:45:00.000-07:00

Replacement Cost vs. Market Value:Insuring a Home Properly

Ask an insurance agent, a mortgage broker, and a realtor "How much insurance should I have on my new home?" I will guarantee you will get three different answers.

The mortgage broker might say the loan amount, the realtor might say the market value, and the insurance agent, if he or she is doing their job correctly, will say the replacement cost of the home. So, who's correct?

In short, it has to be the replacement value for proper insurance protection. Homeowners want enough coverage to rebuild their home if a catastrophe happens. Let's take a look at how an insurance company comes up with this number.

Insurance companies use a computerized "replacement cost worksheet"using historical data of building costs in a given area. This data iscompiled by independent companies who do actual surveys of building costs and provide it to insurance companies and others in the construction business.

One of the best known companies providing this information isMarshall & Swift. By plugging in the square footage, year built, number of baths, style of the home, and the home's other amenities into the worksheet a replacement value is determined.

The worksheet also considers the extra cost of rebuilding a home like demolition cost, debris removal, architectural plans,and even environmental costs. The replacement value may be more or less than the home's market value.

Orlando Frasca, President
www.risdirect.com
925-365-3200

For All The Mothers....

2008-03-18T20:18:00.000-07:00

Here is a great video clip from youtube.
Anyone is or knows any "mom" will enjoy this : http://www.youtube.com/watch?v=anSpBUxsgAU
I will be spending Mother's Day with the 2 most important mothers I know (my wife and my mom) , and as I am reminded often: " Make sure you tell your clients how much you value their business and how much you truly appreciate them:"
Take Care and have a GREAT weekend, thank you for your business, because without it, well, we wouldn't be where we are !
Orlando Frasca, President
www.risdirect.com
PS-- In Honor of all the Mom's out there; we will DOUBLE the gift cards we send out to you ( a $20 per card total) for anyone you refer to our insurance agency.....no purchase necessary....for the rest of the month of May!