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Protecting Your Outdoor Adventures: The Importance Of Insuring Recreational Vehicles And Watercraft3/27/2025  Looking to enjoy California's great outdoors? Whether you’re riding trails near Big Bear, heading to Pismo Beach with your dune buggy, or launching a Jet Ski® at Lake Havasu, having the right insurance for your recreational vehicles can protect your investment—and your peace of mind.
Spring and summer in California bring outdoor enthusiasts out in full force, hitting the trails, dunes, and lakes with dirt bikes, ATVs, UTVs, personal watercraft (PWC), golf carts, dune buggies, and boats. While these vehicles offer excitement and adventure, they also come with risks. Unfortunately, many owners mistakenly assume their homeowners or auto insurance policies cover these vehicles—when in reality, they often don’t.
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 In recent years, the cost of personal umbrella insurance in California has increased dramatically. Once an affordable way to extend liability coverage beyond home and auto insurance limits, umbrella policies are now seeing significant premium hikes. This shift is largely due to an increase in large liability verdicts, higher claim payouts, and a changing insurance market that has forced carriers to reassess their risk exposure.
 We’re thrilled to share that Schneiderman Insurance Agency was recently featured in an article on MSN, Yahoo Finance, AOL, and GOBankingRates! The article, written by Heather Altamirano, highlights expert strategies for homeowners to safeguard their finances against extreme weather. We’re honored to have contributed insights that can help protect families and their properties.
 As a homeowner, insurance is a necessity, but how much coverage is needed can be a loaded question. We all want to get the most value out of our insurance company, but in some instances, you may be asked by your mortgage company to purchase more insurance than necessary to rebuild your home – leaving you purchasing more coverage than your homeowner’s insurance company would ever pay out in the event of a claim.
 What are the differences between HO-3 and HO-5 Insurance Policies? Why is one preferable for the client, and is an HO-5 policy really that much better? (YES!)
Not all insurance policies are created equal. I don’t know how many times I have had a conversation with a potential client about how you can’t just compare insurance quotes at face value or put two declaration pages against one another and consider it an “apples to apples” comparison.  Every policy starts with a quality action insurance plan to determine what coverages are needed and what limits best serve the insured party. Here are some suggestions for developing an action insurance plan for various types of insurance policies.
In this episode, we are taking a much closer, fascinating look at home insurance and the way that you can protect your home should disaster strike. But first, as usual, we start off with a little bit of news. Tom and Ron talk about a survey regarding the lack of knowledge most buyers have regarding closing costs — and Tom reads them the riot act.
 Permissive use related to auto insurance policies is a common issue that policy holders need to understand. Our agency has noticed that many auto insurance policy holders have been misinformed by their previous agents, or have been operating outside the scope of their insurance policy’s guidelines regarding permissive use, and may have unintentional gaps in coverage of which they are unaware.
 Uninsured motorist coverage is an often misunderstood auto insurance coverage and is far too often declined by the policyholder, but it does a lot more than most clients are aware. While uninsured motorist coverage is typically associated with an accident involving two or more cars, the coverage often applies when an uninsured motorist hits a bicyclist or a pedestrian.
 Frequently I speak with condo and townhome owners that are misguided as to what they need to properly insure their residence. HOA’s master policies are not sufficient on their own to insure a condo or townhome.
Not included in the master policy is coverage for personal liability, personal property (contents), interior improvements and upgrades and more. Those who do not have an HO6 (walls-in) insurance policy in addition to their HOA master policy are risking more than they realize by not being properly insured – and most who do not have an HO6 don’t even know the difference. |
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