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Securum, LLC

14405 SE 36th St. Suite 214
Bellevue, WA 98006

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Should Farmers Consider Umbrella Insurance?

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Farming, ranching, and/or running an agribusiness can be a very rewarding venture. Even so, there are many perils that aren’t covered by regular insurance policies. Umbrella insurance for farmers offers an additional layer of protection that can be a lifesaver in the event of a natural disaster, accident, or unforeseen mishap.

What Is Umbrella Insurance?

Umbrella insurance is an insurance policy that raises the liability limit of a regular liability insurance policy. If you need to pay damages higher than what’s covered by your liability coverage, umbrella insurance will make up the difference.

Umbrella insurance coverage will depend on the policy you pick, but common forms of coverage include:

  • Personal injury to third parties
  • Bodily injury to third parties
  • Property damage
  • Medical bills
  • Legal representation
  • The cost of paying a settlement or judgment

How to Choose the Right Policy

Bellevue, WA farmers and ranchers who are interested in umbrella insurance coverage should shop around to see which form of coverage best meets their needs. Independent insurance agencies can be the best bet as they offer policies from multiple providers and can help clients understand the pros and cons of each policy. You can also talk with your insurance agency about adding policy riders or removing perils that don’t apply to your agribusiness (for instance, you don’t need coverage for damage caused by livestock if you don’t own any).

Call Securum LLC for More Information

Securum LLC, serving Bellevue, WA offers top-tier customer service as well as multiple policy options from leading insurance agencies. Call us today, and we’ll help you review your umbrella insurance policy options and pick (or customize) the policy that’s the best fit for your situation.

What Happens If You’re Hit By an Uninsured Driver?

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If you drive in the state of Washington, you are legally required to have auto insurance. But what happens if someone who doesn’t carry auto insurance, despite the law, hits you and causes damage or injuries?

What Happens If You’re Hit By an Uninsured Driver?

Some people recklessly drive without auto insurance. What would happen if your car were hit by an uninsured driver? Many auto insurance policies include uninsured motorist coverage. If your policy has this, it would cover the damage to your car, along with your policy’s collision coverage.

In addition to damage caused by uninsured motorists, uninsured motorist coverage will help you pay for repairs if your car is damaged by a hit-and-run driver. Sometimes, the other driver may have insurance, but their policy doesn’t offer enough funds to cover your repairs. This is known as an underinsured driver, and the same coverage in your policy will help you repair your car.

Call Us for an Appointment

Our team takes pride in being an independent agency. This means our staff at Securum LLC can offer a wide range of auto insurance options. Drivers in the Bellevue, WA, area will find we are always ready to listen to you and help you find the insurance you need. Call us for an appointment and let us help you drive with the insurance protection you need.  

How Commercial Insurance Protects Against Product-Related Risks

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Product-related risks can devastate businesses overnight, making commercial insurance protection critical. Securum LLC in Bellevue, WA, understands that companies manufacturing, distributing, or selling products face unique liability exposures that require specialized coverage. The right commercial insurance strategy can mean the difference between surviving a product claim and facing financial ruin.

Product Liability Coverage Essentials

Product liability insurance protects your business when products cause bodily injury or property damage to third parties. This coverage handles legal defense costs, settlements, and judgments resulting from defective products, inadequate warnings, or design flaws. Whether you manufacture electronics, food products, or industrial equipment, this protection covers claims arising from products that leave your premises and harm consumers or damage their property. Even businesses that simply distribute or retail products manufactured by others need this coverage, as liability can extend throughout the entire supply chain.

Recall and Contamination Protection

Product recall insurance covers the enormous costs associated with removing defective products from the market. This includes notification expenses, transportation costs, disposal fees, and lost profits during the recall. For food manufacturers and distributors, contamination coverage addresses spoilage losses and the expense of replacing contaminated inventory. These specialized coverages protect against scenarios that general liability policies typically exclude, filling critical gaps in protection.

Professional Liability for Design Risks

Companies involved in product design and development need professional liability coverage for errors and omissions in their professional services. This protection addresses claims alleging inadequate design specifications, faulty testing procedures, or negligent professional advice that contributes to product failures.

Comprehensive Risk Management

Product-related exposures require sophisticated insurance solutions tailored to your industry and operations. Contact Securum LLC in Bellevue, WA, to develop a comprehensive commercial insurance program that protects your business against product-related risks.

Do I Need to Get More Home Insurance After Remodeling?

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Many remodeling projects can increase the value of your home in Lynnwood, WA, especially those involving upgrades to your kitchen or bathroom. Not only does the value of your home increase, but so does the rebuilding cost if your residence suffers damage or destruction from a covered risk. Securum LLC can help you determine the best coverage level for your home after renovations.

Why Update Coverage?

If you want the same quality materials incorporated in your renovations, rebuilding will cost more. Without adjusting your dwelling coverage (Coverage A), you could face out-of-pocket expenses to replace the improved structure after a covered loss. Additionally, your personal property values may increase. Some improvements also come with an increased liability risk. For example, building an in-ground swimming pool or a large above-ground model requires a review of liability limits. Similarly, constructing a guest house or rental unit may necessitate higher limits in case of accidents or injuries in these areas.

Steps to Take

Discuss the scope of your remodeling project and its potential impact on your policy with your insurer. Evaluate your current insurance to identify areas where you may need additional coverage. Document all changes by taking before-and-after photos of the renovation or addition. Depending on the work done, your insurance agent may recommend a renovation endorsement or a separate builder’s risk policy to provide proper coverage during the construction period. Increase coverage as needed once the project is complete.

Minor projects, such as new carpeting or flooring, typically don’t require additional insurance. Risk-reducing upgrades, like installing a security system, sprinkler system, or new roof, may even lower your premiums.

Discover which residential upgrades will significantly affect your home insurance by speaking with an agent at Securum LLC. Contact our Lynnwood, WA, office today to schedule your appointment.

Why Get Renter’s Insurance When the Landlord Already has Insurance?

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All around Lynnwood, WA, individuals, couples, and families are choosing to live in rental homes. Whether it’s a house, duplex, apartment, or condominium, renting has long been a popular option. A common question for those planning to rent, especially first-time renters, is: Why get insurance when the landlord already has coverage? At Securum LLC, we’re here to explain why having a renter’s insurance policy is beneficial in more ways than one.

Owner vs. Renter Insurance

It’s true that landlords typically have insurance coverage. Even if the landlord lives in one of the rental units, they likely have both homeowners’ and landlord insurance. However, here’s what renters need to understand: the landlord’s homeowner policy covers their personal residence, while their landlord insurance policy covers certain aspects of the rental property. This includes the rental building, outbuildings on the property, damage or destruction to the property, loss of rental income, and liability coverage. Notably, a landlord’s policy does not cover a tenant’s personal belongings.

By purchasing a renter’s insurance policy, you’re protecting your personal belongings from unexpected events like fires or theft. If unforeseen circumstances require you to relocate temporarily, renters’ insurance can help cover those costs. Additionally, liability coverage is an important feature of renters’ insurance, as it can help cover medical expenses if someone is injured while visiting your home.

Contact Securum

At Securum LLC, our agents are committed to answering all your questions. We’ll walk you through the details and benefits of a renter’s insurance policy, so you can feel confident in your Lynnwood, WA, rental knowing your belongings are protected.

Does RV Insurance Cover Hail Damage?

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RV insurance in Lynnwood, WA is designed to provide the protection you need to enjoy your next trip. The right insurance can ensure you’re covered for incidents like theft or hail damage. However, there are a few important details you should be aware of regarding your policy before hitting the road.

Understanding Policy Specifics

Whether your insurance policy covers hail damage typically depends on the type of coverage you have. RV insurance offers varying levels of protection, similar to car insurance.

Liability insurance provides coverage for damages or injuries to others if you’re involved in an accident. Collision coverage protects your RV in the event of an accident. To ensure hail damage is covered, you’ll need comprehensive coverage. Speak with an agent at Securum LLC to confirm whether hail damage is included in your comprehensive policy.

Additional Coverage Options

Many RV owners opt for additional coverage, particularly if they spend weeks or months on the road. Here are a few options to consider:

  • Roadside Assistance: Roadside assistance can include services such as fuel delivery or assistance with changing a flat tire. If your RV requires repairs, companies may tow it to the nearest mechanic.
  • Personal Property Protection: For RV owners who live in their vehicles part-time or full-time, it’s essential to protect belongings inside the RV from theft or vandalism. Speak with an agent to ensure your personal property is covered.
  • Additional Living Expenses (ALE): If you live in your RV year-round, ALE coverage can reimburse you for temporary lodging, such as a hotel or Airbnb, if your RV breaks down and requires repairs.

Professional agents at Securum LLC can help you learn more about RV insurance and explore your available options. Contact us today to discuss your policy. We proudly serve the Lynnwood, WA area.

What to do if Your Boat is Stolen

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If your boat falls within the 20 to 29-foot range, it is a prime target for theft. Larger boats typically lack a market, and smaller boats often aren’t worth the trouble for thieves. Fast boats, however, may attract criminals who intend to use them for illegal activities such as piracy or drug smuggling. In most cases, stolen boats are stripped for parts or repainted and sold to unsuspecting buyers who believe they’re getting a good deal on a secondhand vessel. Fortunately, there are steps you can take to protect your boat. Many of these measures are similar to common-sense practices used to prevent automobile theft. If your boat is stolen despite your precautions, here’s what to do.

Step 1: Contact the Police

While recovering a stolen boat is rare, it’s crucial to report the theft to the police. Prepare a spreadsheet with the following information: Hull Identification Number (HIN), engine serial number, registration certificate number, outdrive number, state registration number, transom assembly number, and serial numbers for the boat’s electronics. Keep all receipts, invoices, and sales documents to prove ownership. Photos of your boat can also help identify it if the identifying numbers are altered. Additionally, you may need a police report to file an insurance claim. An insurance agent will review your policy to determine the compensation you’re entitled to if the boat is not recovered.

Contact Securum in Lynnwood, WA

If you’re in the Lynnwood, WA area and need boat or watercraft insurance, contact Securum LLC. We’re here to help you protect your investment and provide support when you need it most.

Get More Liability Coverage by Adding Umbrella Insurance

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As a homeowner and vehicle owner, you likely have both home and auto insurance. While these policies are essential, they may not provide as much protection as you think. One key coverage type in these policies is liability coverage. To enhance your liability coverage, consider umbrella insurance. It’s an excellent option for those who want more comprehensive coverage. To get started with umbrella insurance, contact us today at Securum LLC in Lynnwood, WA.

Ensuring Adequate Liability Coverage

Many people find that their existing insurance policies don’t provide enough liability coverage. This is a common issue, as many home and auto policies offer limited liability coverage. If an accident occurs and the bills exceed your policy’s maximum payout, you’ll be left to cover the remaining costs. Umbrella insurance can help by providing additional liability coverage for both your home and auto policies.

Handling Overages

When a policy reaches its maximum payout and can’t cover any more of the accident bills, umbrella insurance steps in. It will cover those overages for you, potentially saving you from significant out-of-pocket expenses.

Securing Umbrella Insurance in Lynwood

Umbrella insurance offers enhanced protection against accidents. To learn more, contact Securum LLC in Lynnwood, WA.

Add-ons to enhance your basic auto policy

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In the state of Washington, the basic mandated coverage that all drivers are required to have is 25/50/10. This is liability coverage that protects other drivers from you. It is $25,000 for injuries to one person and $50,000 total for all those injured in an accident. The additional $10,000 is for personal property. At Securum LLC in Lynnwood, WA, we are independent insurance agents who prioritize our customers’ needs and ensure they have the right coverage.

Collision

Collision coverage will protect your vehicle from damage it sustains in an accident where you are the responsible party. It can be a one-car accident, a hit-and-run, or one where you are at fault. It pays for the repair or replacement of your vehicle.

Comprehensive

Comprehensive coverage protects your car from things that can damage it other than an auto accident. It could be weather-related damage, such as flooding, wind damage from flying limbs, or hail damage to your vehicle’s paint finish. It also covers theft, vandalism, and collisions with large animals, such as deer.

Gap coverage

When you have a newer vehicle and a car loan, you may owe more than you could collect for the total loss of your vehicle. This is where gap insurance comes in, ensuring that you collect what you owe.

Full glass

Comprehensive coverage provides glass coverage with a deductible. With full glass, you don’t have to pay a deductible.

Rental car

After an auto accident, your car may be totaled, or it may require some time in the shop to get it back to running condition. You will need something to drive in the meantime, and this is where rental car coverage comes in.

Contact our office at Securum LLC in Lynnwood, WA for all your auto insurance needs.

How commercial insurance can save your small business

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According to the Small Business Administration Office of Advocacy, 99.9% of all businesses in the United States are small businesses. Our team at Securum LLC in Lynnwood, WA, are independent agents and provide personalized service to all of our customers. We understand that small businesses face a wide variety of risks, and our job is to help customers secure the coverage they need for their business.

Commercial Property Insurance

Commercial property insurance covers both the building that houses your business if you own it, and the things that you use to conduct business. It varies from business to business, depending on what you do. It can include tools, display units, electronics, office furniture and equipment, machines, inventory, raw materials, and whatever else you use. Having insurance allows you to resume operations as quickly as possible.

Commercial Liability Insurance

Commercial liability insurance may be the most valuable coverage of all. Being sued is one thing that can sideline your business and is almost unlimited. One in three businesses will be sued every year. It can be a client, a customer, an employee, or a vendor. If they sue you, there may be a judgment to pay and certainly legal fees. It could close your business if you can’t pay.

Workers’ Compensation Insurance

In Washington State, all businesses must protect their employees with workers’ compensation insurance. It doesn’t matter how many employees you have.

Business Interruption Insurance

A small business may find it very difficult to survive many hazards. If your business is hit by a fire, theft, or other covered hazard, your source of income may dry up rather quickly. To survive, you need to pay your bills and payroll. If you have business interruption insurance, it will provide the money you need to stay in business.

Contact our office at Securum LLC in Lynnwood, WA, to get a quote for your commercial insurance.

Partner Carriers

  • Berkshire Hathaway Guard
  • Bristol West
  • Foremost
  • Liberty Mutual
  • Mainstreet America
  • Nationwide
  • National General
  • Oregon Mutual
  • Progressive
  • Safeco
  • Stillwater
  • The Hartford
  • Travelers