California Business and Personal InsuranceWise Insurance Agency

As a Contractor, what is a Waiver of Subrogation?

There is a legal term that shows up throughout legal documents regarding real estate, personal guarantees and insurance. The rights of subrogation are generally broken up into five different categories. The first is regarding people’s debts, the right of subrogation allows a person who paid off another person’s debt to seek the repayment from that person. There is another subrogation Read More

10 Nov 2012

Prop. 103’s Influence on Car Insurance in California

Californians have a reason to smile when they compare their auto insurance rates to other states in the USA. Prices in California have seen a decline of 4 percent between 1989 and 1998. An opposite trend compared to other states which have seen increases of an average 38.9 percent, according to a new survey released by Consumer Federation of America. The Read More

4 Nov 2012

Becoming Aware of Worksite Pollutants and Finding Solutions

As a contractor, there are many concerns day to day. Schedules must be kept to finish a job on time and sometimes workers who are hurrying are not as careful as they should be while completing their work. It is easy to remember the need for insurance that covers personal injury claims, property damage claims or other negligence, but it Read More

20 Oct 2012

Who Needs Life Insurance?

Most people think that only people with children need life insurance but that just isn't the case. It is important that anyone who depends on you has the financial means to carry on without you. What is known as a death benefit can cover your funeral costs, living expenses and even college funding. No one wants to think about what happens to Read More

13 Oct 2012

Tools and Equipment

Wow, construction sites are still getting robbed at a alarming pace. We run theft coverage by our client's, but rarely do we sell this insurance. I can even narrow down when a theft will take place. The job site will be robbed late in the week, after hours and usually when the job is almost complete. Close to completion jobs Read More

16 May 2010

Diminished Value:

Please see the list of items a rental car company can charge you for damage to the rental car. Some of these expenses may not be covered by your insurance. This is why I always take the rental car companies insurance. Damages to the car: (covered by your insurance) Appraisal fee: (covered by your insurance) Towing and Storage: (limited coverage) Administration Fee: (undefined) Loss of Read More

16 May 2010

New Lead Based Paint Law

New law applies to: Any contractor renovating buildings built before 1978. Homes Schools Offices Government Work must be performed by a certified contractor. What Is A Pollutant - And Who Pollutes??? Technical definitions aside, from a practical standpoint, almost anything that has to be cleaned up - whether it is from a building, land, air or water - may be a pollutant. • Clean dirt that is washed off Read More

15 May 2010

Non Profit Volunteering

Unfortunately the number of lawsuits against non-profit workers, board members and volunteers are on the increase. Before you volunteer or join a non-profit board please confirm liability insurance protection has been purchased and directors and officers coverage is in place.

14 May 2010

Hiring the right contractor

As of October 1, 2001 all California Contractors are legally required to disclose to homeowners, in writing, whether or not they carry General Liability Insurance. If the contractor does carry General Liability Coverage he is then required to provide the name and phone number of his insurance company to the homeowner. Any time you, the contractor, do a job for Read More

10 Feb 2010

Did you Know?