What Commercial Insurance is Required for Non-Profits in Portland?

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Operating a non-profit organization in Portland is a commendable way to give back to marginalized communities, groups, and causes that are important to you. However, before you get started, it’s crucial to understand the commercial insurance requirements you’ll need to comply with to avoid fees and potential fines. At H & R Insurance Group LLC, we specialize in assisting clients in Portland, OR, who are interested in running a non-profit organization while remaining compliant with insurance requirements and regulations.

Mandatory Insurance Requirements for Oregon Nonprofits

For non-profit organizations in Oregon, the following types of insurance are required by law:

  • Workers’ Compensation: Workers’ compensation insurance is required for all non-profits with one or more employees. This provides wage replacement and medical benefits to employees. The State Accident Insurance Fund (SAIF) provides state-chartered workers’ compensation plans for non-profits.
  • Unemployment Insurance: You will be required to carry unemployment insurance if you are a non-profit with employees to offer temporary financial assistance to unemployed workers should the need arise.
  • Specific Insurance: Some organizations may require additional insurance if you offer professional services or if you may need professional liability insurance for the type of work you provide.

It’s recommended that non-profits consider the following types of insurance: general liability, Directors and Officers (D&O), property insurance, professional liability insurance, Employment Practices Liability Insurance (EPLI), and cyber liability insurance, as needed.

Understanding the basic requirements for commercial insurance as a non-profit organization is essential, whether you volunteer time, money, food, or products. The more familiar you are with the requirements you need to meet as a non-profit in Oregon, the less likely you’ll be to encounter potential issues, such as fees or violations. To learn more about your insurance requirements and options in Portland, OR, contact H & R Insurance Group LLC today.

Does Home Insurance Cover Theft and Break-ins in Portland OR?

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Investing in a home is a significant decision, which is why it’s essential to protect your property throughout the year. If you’re a homeowner in Portland, Oregon, you may wonder if your existing home insurance policy covers theft and break-ins. Working with an agency like H&R Insurance Group LLC is a way to adequately cover your home from just about any unexpected incident or accident.

What Homeowners Policy Covers Theft While Living in Portland?

If you’re currently in Portland, it’s worth noting that most HO-3 homeowners policies typically cover break-ins and theft. These policies cover the following:

  • Damaged windows, locks, and doors that occur during a potential break-in.
  • Stolen items from sheds, garages, and outbuildings on your property (some limitations and restrictions may apply).
  • Personal property that has been stolen, such as jewelry, electronics, and furniture.

What’s Not Covered in Theft-Related Claims in Portland?

Currently, a standard homeowners’ policy in Portland does not cover the following after a theft incident or break-in:

  • Losses due to open access (such as leaving doors unlocked or identifiable neglect)
  • Items that were utilized for business purposes (as you may require a business property rider for maximum coverage in your home)
  • Stolen financial information, including identification. Identity theft coverage may be recommended when working with your insurance agent.
  • Items that are valued above your policy’s limit (without a scheduled personal property endorsement in place). This may vary based on your specific needs.

Protecting your home from theft and break-ins while living in Portland, OR, does not have to feel challenging. With the help of the right agency by your side, obtaining add-ons and ensuring existing policies are adequate is much easier. For more information regarding your existing policy, contact H & R Insurance Group LLC today.

How Your Daily Commute Shapes Your Accident Risk

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Your daily commute might feel like second nature—same roads, same traffic, same coffee in hand—but have you ever pondered how it influences your risk of an accident? At H & R Insurance Group LLC in Portland, OR, we understand that your daily travel significantly affects your overall driving safety. Whether you’re navigating bustling city streets or cruising down the highway, comprehending the risks can help you stay safe.

Impact of Traffic and Road Conditions

If your commute involves high-traffic areas, your chances of an accident naturally escalate. Stop-and-go conditions, impatient drivers, and unexpected road hazards all contribute to potential collisions. Rush hour, in particular, is a peak time for accidents as drivers are often distracted, in a rush, or dealing with unpredictable behavior from others on the road.

Weather also plays a significant role. Rain can make roads slippery, reduce visibility, and increase stopping distances. If your commute includes bridges or winding roads, these elements can make driving even more challenging.

Effect of Commute Duration

The longer you’re on the road, the more exposure you have to potential risks. A 10-minute drive through a tranquil neighborhood differs from a 45-minute highway journey. Fatigue, impatience, and even distractions like checking your phone at a red light can make a longer commute riskier.

Ensure Protection with Appropriate Insurance

Since your daily drive significantly influences your accident risk, having the right auto insurance is crucial. H & R Insurance Group LLC in Portland, OR is here to assist you in finding coverage that keeps you protected, no matter where the road leads you. Reach out today to review your policy and ensure you’re covered for whatever comes your way.

Commercial Insurance Modifications for Changes in Your Business Plan

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Are you planning to modify your existing business plan? If so, you might also want to consider updating your commercial insurance policy.

Upgrading Your Commercial Business Plan

The changes you’re considering could significantly alter your business operations and potentially add considerable value to your establishment. Ensuring you have adequate insurance protection will safeguard your business against unforeseen events like natural disasters, theft, or vandalism.

Adding New Structural Materials

Modifications to your business plan might include installing new structural materials, such as upgrading the roof or flooring. These changes will require a significant amount of new materials.

Including these materials in your commercial insurance policy will protect you if they are damaged. For instance, if inclement weather damages exterior siding, shingles, or other structural components, your insurance coverage may cover the cost of repairs or replacements.

Commercial Liability Risks

Modifying your business plan could increase your liability risk. For example, investing in new equipment might increase the risk of injuries. Additionally, the new equipment could also heighten the chances of physical damage. If equipment malfunctions, it could disrupt your daily operations.

Having adequate liability protection can cover any expenses you might incur due to an accident.

Insurance Consultation

Consult with one of our H & R Insurance Group LLC agents. An agent serving Portland, OR, will discuss your new business plan with you. They will identify risk factors that may require additional commercial insurance coverage. Once you choose the right amount of coverage, your commercial insurance policy will be updated accordingly.

Home Insurance: Are Smart Home Devices Covered?

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With homes implementing smart devices in the modern day, it’s essential to understand if they are covered under home insurance. Home insurance covers many extra additions to your home, but not all will include smart device coverage. That’s why chatting with an agent is important to determine if your smart devices are covered. Our agents at H & R Insurance Group LLC in Portland, OR, can help you understand if your plan includes coverage for smart home devices.

What Smart Home Devices Are Often Covered?

If your home insurance plan covers smart devices, you’ll need to check which ones are covered. Policies often only cover either personal property or permanently installed devices. Personal property often includes smart devices such as Amazon Echo, smart plugs, thermostats, and cameras. Installed devices include smart doorbells, locks, security systems, and lighting.

Coverage Considerations

While policy plans differ, some elements must be considered when selecting a plan. Coverage falls under damage causes, which means fire, theft, and vandalism. However, this does not cover earthquakes or flooding. Smart home device coverage will have a set deductible, which may be smaller than expected. Any devices that require a subscription are not included. 

Some home insurance plans offer discounts if you install devices that reduce insurance risks. Devices such as detectors and security systems can count towards a discount. They often offer this because they can prevent further damage or issues to your home before they happen.

Call Us Today

If you’re in the market for a new home insurance plan or want to switch so that your smart devices are covered, we can help. Our Portland, OR offices have qualified agents who can help you find a good plan for your home. Call H & R Insurance Group LLC; we’ll gladly assist you.

Does Auto Insurance Cover Extensive Rain Damage in Portland, OR?

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If you’re new to the city of Portland, OR, you might be surprised by the amount of rain the city gets. While Portland’s rains are typically known for adding to the city’s charm, extensive rainfall, thunderstorms, and natural disasters can cause havoc on streets, automobiles, and homes.

If you’re unsure whether you have sufficient coverage to protect your vehicle from rain-related damages, review your current auto insurance policy or consult with a trusted agent at H & R Insurance Group LLC.

What Kind of Rain Damage Can Happen to My Vehicle in Portland?

Excessive rainfall can lead to a host of costly issues, which can include some or all of the following:

Vehicle Flooding: Flooded streets can cause engine damage and harm to internal electrical systems.

Hydroplaning: Persistent rainfall can leave streets flooded and increase the risk of drivers losing control as they try to navigate waterlogged roads and highways.

Water Leaks: Nonstop rain can cause water to leak into your car through cracks and unsealed openings, damaging its interior and electrical systems.

Mud and Debris Damage: The aftermath of devastating and long-lasting rainstorms can include mud and debris that submerge, scratch, or otherwise damage your vehicle.

Protect Your Vehicle from Non-Collision Related Damages in Portland, OR

Investing in a comprehensive insurance policy is the best way to ensure adequate coverage from torrential downpours and other natural disasters. Speak with a trusted insurance agent to learn more about how a comprehensive auto insurance policy protects you from weather-related events, collision-related events, non-collision-related events, and other covered perils.

At H & R Insurance Group LLC, agents are standing by to answer your most pertinent questions and provide you with a customized auto insurance quote.

I have a small online business. Do I need commercial insurance?

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Most would agree that businesses can vary greatly in scope, size, and type. As a result, it can be not easy to know what forms of coverage might be best for a business owner. Fortunately, commercial insurance is designed to meet the unique needs of any business. This is why the types of coverage and coverage levels vary from one business to the next. Our Portland, OR team at H & R Insurance Group LLC knows that understanding commercial insurance can be daunting. This is why we take pride in having a team dedicated to meeting all our business owners’ unique needs.

What is commercial insurance?

Commercial insurance, also known as business insurance, simply protects against financial losses in the form of liability coverage, injuries, crime, property damage, and even events that interrupt the running of a business. There are also forms of coverage unique to specific business needs that a business owner can invest in. For example, if your business uses vehicles, commercial auto insurance can also be included in a commercial insurance policy.

I have a small online business. Do I need commercial insurance?

Protecting your business in some form or fashion is always a good idea. Commercial insurance is that layer of protection that can keep your business healthy and running. Even as a small online business owner, some situations and circumstances can affect your business adversely. If you sell items, you could be sued by a customer. However, other situations affect online businesses. Consider data breaches and any number of other scenarios that could negatively impact your business. Essentially, if you can be sued, you should carry commercial insurance. Commercial insurance is bundled insurance in that it provides many forms of coverage under one policy. It can be designed to meet the unique needs of your particular business. If you are interested in protecting your business, call us. We’d be happy to help you explore your options.

How to Prepare Your Home for Insurance Inspections

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Getting ready for a home insurance inspection doesn’t have to be stressful. At H & R Insurance Group LLC in Portland, OR, we want to help you feel confident and prepared. Here’s a simple guide to ensure your home is inspection-ready.

Tidy Up Your Space

A clean and organized home creates a positive impression. Take some time to declutter and tidy up your property’s interior and exterior. This will not only make it easier for the inspector to do their job but also highlight the care you put into maintaining your home.

Check for Safety Hazards

Inspectors will be looking for potential safety issues, so it’s a good idea to address these beforehand. Ensure smoke detectors are working, handrails are secure, and pathways are clear. Simple fixes can make a big difference in the inspection outcome.

Document Recent Upgrades

Have documentation ready if you’ve made any recent upgrades or renovations, such as a new roof or updated plumbing. This information can positively impact your coverage and premiums by showing the steps you’ve taken to improve your home’s condition.

Review Your Policy

Before the inspection, review your current insurance policy. Understanding what’s covered and what might need additional attention will help you prepare and ask informed questions.

Be Present and Engaged

Being available during the inspection allows you to answer any questions the inspector might have and learn about any areas that may need improvement.

Preparing for a home insurance inspection is straightforward with a little planning. For more tips or to discuss your coverage, contact H & R Insurance Group LLC in Portland, OR. We’re here to help you every step of the way.

How to Minimize the Chances of Your Car Being Stolen

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Car theft is a valid concern for every vehicle owner. However, you can take several steps to limit this risk. At H & R Insurance Group LLC in Portland, OR, we’re eager to share practical tips to help keep your vehicle safe.

Careful Parking Can Make a Difference

The spot where you park can significantly impact your vehicle’s safety. Always prefer well-lit and busy areas where thieves are less likely to operate unnoticed. If you own a garage, use it to safeguard your vehicle not only from theft but also from potential weather-related damage.

Secure Your Vehicle Intelligently

Always lock your doors and close your windows upon leaving your car, even if it’s for a few minutes. Avoid leaving valuables visible, as this makes your vehicle an attractive target for thieves. Instead, stow them in the trunk or take them with you.

Invest in Safeguards

Consider incorporating additional safety measures like an alarm or steering wheel lock. These enhancements can deter thieves and even entice them to choose an easier target. Also, some insurance companies may offer discounts for cars equipped with certain security devices.

Key Management Matters

Never leave your car keys in the vehicle; be mindful about storing spares. Hiding a spare key in or on your car can be counterproductive. Seasoned thieves know to look for these, so keeping your spare keys at home is safer.

Implementing these steps significantly reduces the risk of car theft. For more helpful tips or to discuss your auto insurance needs, contact H & R Insurance Group LLC in Portland, OR. Our goal is to help protect you.

Are Businesses Required To Carry Workman’s Compensation?

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Many companies carry worker’s compensation insurance. This insurance helps cover the costs of getting injured on the job. For example, the company is often liable if someone falls on the job without a wet floor sign. Workman’s compensation will cover the cost of disability if the person can no longer work, even temporarily. It can also cover medical expenses. However, the laws and regulations often vary depending on the state. 

Oregon Laws

Many states require companies to offer worker compensation. However, companies in Portland, OR, can also be self-insured. According to state law, you don’t have to carry workman’s compensation insurance as long as you are self-insured and your insurance covers the same things. Self-insured businesses must work with their insurance company, like H & R Insurance Group LLC, to determine if they meet state worker compensation guidelines. 

Law Exceptions

There are certain exceptions to this law. Companies are not required to carry worker’s compensation on independent contractors. Family member business owners and others who own a large portion of the company may not be eligible for worker’s compensation claims. If you hire people as independent contractors instead of employees, you are not responsible for their injuries like an employee. Working with a knowledgeable insurance agent is crucial to ensure your company complies with the law in Portland, OR. 

Contact H & R Insurance Group LLC

Companies who fail to provide workman’s compensation can face fines. Businesses are still responsible for the lost wages, medical expenses, and the overall cost of injuries, even if there isn’t insurance to pay the bill. Employees can, and often do, sue the company to cover these expenses. Working with an experienced H & R Insurance Group LLC agent can ensure you comply with the law. Contact us for more information today. 

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