Important Information for Condo Owners

Important Information for Condo Owners

Many condo owners believe the HOA’s insurance policy provides coverage for the complex, and by extension, to them. However, in almost all circumstances that is not the case. HOAs typically insure the “shell” of the complexes and liability for common areas, but there are several important holes that must be filled to completely protect a … Read more

Insurance Information for the First-Time Homeowner

Insurance Information for the First-Time Homeowner

Anyone that has purchased a home knows the tremendous undertaking it can be. The task of getting pre-qualified for a mortgage and having an offer accepted is only the beginning, and once you’re in escrow, the process can become an absolute whirlwind. Because of this, many things are often overlooked until just before the close … Read more

The Importance of Combining Home and Auto Insurance

The Importance of Combining Home and Auto Insurance

A Short Story about The Smiths Joe and Laura Smith are your classic high school sweethearts; they’ve been together since they were sophomores. This past year celebrated their eight-year anniversary and their 33rd Birthdays. Joe’s a hardworking manager for a mid-size technology sales company and Laura works part-time as a photographer and styling specialist. They live a … Read more

Old Harbor to partner with American Strategic Insurance

Old Harbor to partner with American Strategic Insurance

Old Harbor is pleased to announce a new carrier partnership with American Strategic Insurance (ASI). ASI’s current CEO and President, John Auer, founded ASI in 1997. Mr. Auer saw a glaring need in the southeastern United States for a well run, stable home insurance carrier. That region was one that had been nearly impossible for … Read more

Mortgage Escrow Account and Your Home Insurance

Mortgage Escrow Account and Your Home Insurance

An escrow account, sometimes referred to as an “impound account,” is a special account that the mortgage company maintains for the borrower’s home insurance and taxes. The escrow account is funded monthly with a portion of each mortgage payment that is made. The funds are then used by the lender to pay tax and insurance … Read more

California Assembly Bill 2883 and Its Impact on Work Comp

California Assembly Bill 2883 and Its Impact on Work Comp

On August 26, 2016, California’s Governor Brown signed Assembly Bill 2883 into law. The new law alters current Labor Code sections 3351 and 3352 by changing both the definition of an ’employee’ and the eligibility criteria allowing the exclusion of workers’ comp coverage. As of January 1, many companies that were previously able to exclude certain officers, directors, and … Read more

CSE Insurance – New Landlord Insurance Program Released

CSE Insurance – New Landlord Insurance Program Released

CSE Insurance recently rolled out a great, new Landlord Insurance product. We’ve been fortunate to partner with them since the founding of Old Harbor, and expect that this new offering will further our mutual successes. This new Landlord Insurance program offers overages that have previously been difficult, or impossible, to find for landlords. Coverage for … Read more

Residential Builders Risk

Residential Builders Risk

The process of building or renovating a home can be tiresome and filled with many challenges. One surprise that owners must be certain to avoid is a gap in their insurance. Whether you are building a custom home, developing a residential tract, or renovating or rebuilding an existing structure, Old Harbor has you covered. One of … Read more