Category: Insurance

When you have loved ones, you need to provide for them when you’re gone; you need a life insurance policy. There are two main types of these- whole life and term life. Each type has benefits and drawbacks, and there may be one of them that is better for your needs than the other. When you want to know more about life insurance policies or get started with a policy of your own, call us at Oliver Insurance in Canby, OR.

Whole Life Insurance

This life insurance type can be kept for the rest of your life regardless of age. It never expires, so you can keep it as long as you want. It is more expensive than the other types of life insurance, but many people find that they get a lot of value for that price. This policy can bring great peace of mind because it can’t be canceled if you keep making the payments for it. These policies also have the advantage of building up a specific value. This is a cash value that the policyholder can get cash for and pay back like any other loan. It can make a big difference when you have a serious financial situation. 

Term Life Insurance

This type has a set term of years that the policy will last. Once the expiration date rolls around, there is no more policy. You would then have to find a new policy and apply for it. However, this insurance type is relatively inexpensive. It costs much less than a whole life policy, making it the right choice for many people.

Get Your Life Insurance

To keep your family protected, you need life insurance. Call us at Oliver Insurance in Canby, OR to get your policy.

The world economy is so bad that people try to break even via fraud. The insurance industry has been pretty hard hit by fraud in recent years. It’s using artificial intelligence or AI as a tool to catch fraudsters. How can Oliver Insurance in Canby, OR use AI to protect its commercial insurance clients?

How AI Works

Lots of business is done online by ordinary people using chatbots. AI uses algorithms that formulate near-human texting patterns, understand them, and then respond to the texting in human-like language. 

The algorithm continuously learns from these interactions, improves its responses, and then uses that knowledge in customer service and analysis. Here’s more about how AI can benefit fraud detection in commercial insurance.

Analysis Is The Key

A commercial insurance carrier operates on its history of clients’ claims and payouts, credit scores, and suspicious actions. Analyzing these things determines if prices rise due to fraudulent claims. AI and Machine Learning or ML developers make software that analyzes massive amounts of information. This helps commercial insurance carriers fight the fraud that makes prices rise. 

Speed Helps

When the software mentioned above is working, analysis of image identification, data integration, and the analysis of all this data is sped up. So is settling claims. Customer experience is streamlined, quick, and more accurate. 

It’s A Digital World

Digital products are a huge business and a boon to those who work online. Security is the most vital digital product that fraudsters constantly try to circumvent. AI might have them beat, though. The more AI learns to think like a human, the more fraudsters can be thwarted. 

Most people aren’t aware of how insurance works from the inside out. As long as they’re covered, their world is good. AI is another example of how Oliver Insurance in Canby, OR is poised to remain good for its clientele.

Getting pet insurance is essential so that you can afford the veterinary care that your pet needs. Pet owners in Canby, OR can rely on us for pet insurance at Oliver Insurance.

You may face some challenges when you’re looking for the right insurance policy for your pet. The following are four challenges you may face when you buy pet insurance. 

Getting pet insurance for a pet with a pre-existing condition

If your pet has a chronic, pre-existing health issue, finding pet insurance could be a bit harder. While most pet insurance providers do not cover pets with pre-existing conditions, many do. You’ll have to shop around a little more to find your needed coverage. 

Knowing how high your coverage limits should be

Consider factors including your pet’s age and general health condition when deciding how much coverage to buy. If you’re unsure how much coverage to invest in, you can discuss this with your veterinarian to determine your pet’s policy limits. 

Being unaware of which companies offer pet insurance in your area

While you might be familiar with many auto and home insurance providers in your area, you might not know which insurance companies offer pet insurance. You’ll have to do some research on the Internet to locate pet insurance providers near you who can insure your pet. 

Understanding the terms of your pet insurance policy

Be sure to read all the fine print of your policy so that you know what’s covered and what’s not. If you have questions, ask a representative from your pet insurance provider so that you fully understand the policy you’ve bought.

Let us help you deal with these challenges and get the pet insurance you need in Canby, OR. Call us at Oliver Insurance to get a quote on a policy today!

Canby, OR residents are surrounded by a multitude of great places to boat and enjoy water activities. Canby, OR itself, lies just on the banks of the Willamette River and just a short drive from the Pacific Ocean and the Puget Sound. In short, this town is an excellent place to own a boat and take all over the area. However, if you do so, you might wonder whether your boating insurance will cover any incidents that happen when your boat is out of the water and taken between places.

Our team at Oliver Insurance is always eager to answer these types of questions. Consider the following answer to this one about Oregon boating insurance:

Will Boating Insurance Protect Me When I’m Trailering My Boat?

Short answer: Yes! Most types of boating insurance policies will have provisions that will cover exactly this type of scenario. But let’s take a quick look at the specifics of those provisions:

• General Liability. The most basic type of boating insurance will include liability coverage. It will nearly always extend to when you are trailering your boat. General liability coverage offers financial and legal protection if someone else is injured by a collision or other scenario in which you are found at fault.
• Physical Damage Coverage. This type of insurance provides you with reimbursements if your boat is damaged in a collision or protected event, and the at-fault party’s insurance doesn’t cover all of the costs to repair or replace or doesn’t exist. 
• Comprehensive Coverage. Comprehensive coverage offers protection extending well beyond basic physical damage policies. Here, your boat is covered in the event of natural disasters, thefts, and more — whether on the road, in a parking lot, or on the water.

Learn More With Oliver Insurance

Get the right insurance coverage for your Canby, OR needs! Contact our team today at Oliver Insurance and protect your assets today!

If you are going to live in the Canby, OR area and need a mode of transportation, a motorcycle can be a good idea. If you purchase a bike, you will want to get insurance for it. A standard motorcycle insurance plan in this part of Oregon will provide various forms of coverage that will ensure you are supported and have peace of mind. 

Protection for Motorcycle

One type of coverage that you will get with a motorcycle insurance plan is protection for the motorcycle. When you purchase a bike, you will want to be able to use and enjoy it for a long time. A great way to ensure this happens is by getting a full motorcycle insurance plan that will provide coverage if your motorcycle is damaged or stolen. 

Reduce Liability Risks

It is also helpful to have a motorcycle insurance plan as it can help to reduce the risk of being named liable for accident damage. When you choose to ride a motorcycle, there will always be a chance that you could cause an accident. When this occurs, you will have to cover such damage. If you are insured with a full motorcycle insurance plan, it will provide the support you need to cover these costs and provide financial protection. State law also requires this coverage if you want to use a motorcycle in Oregon. 

Having a motorcycle insurance plan is very important for anyone buying a motorcycle in the Canby, OR area. If you purchase one of these assets here, you should call our team with Oliver Insurance to discuss all such insurance needs. Our insurance professionals at Oliver Insurance will guide you so you can build a plan that offers adequate protection. 

Life insurance is often the furthest concern in the mind of a college student, but there are legitimate reasons to consider obtaining this protection. Certain types of student loans can be transferred to your estate or next of kin should you die unexpectedly, and this will usually fall to your co-signer. Some contracts require that the total balance be paid at once. Life insurance can also provide a buffer in case funds are needed for your burial so your family is provided for. 

College students sometimes start their families while acquiring their education, and they can get married. A young family can encounter financial difficulties and struggle with meeting housing needs if one of the parents dies. Life insurance can not only help to pay off debts but it can also be put toward your own children’s future college expenses. 

Some parents of college students have chosen to finance the tuition by mortgaging their homes or tapping into 401(k) investments. Discussing such information with your knowledgeable Oliver Insurance specialist in Canby, OR, is vital to determine the best insurance package for you. 

It’s also common for students to incur credit card obligations while living on their own for the first time with limited earning potential. These outstanding balances may also become the responsibility of those closest to you. 

Some types of insurance, such as whole life, enable you to use the savings feature from which you can borrow if you are ever in a bind. In addition, some may also allow you to make investments with this money. 

Oliver Insurance Can Assist You

We serve clients living in the Canby, OR region and can help you with your insurance needs. We invite you to contact us by phone, online, or in person to review your details further. 

Life in Canby, OR is unpredictable, and sometimes, accidents could cost you significant money. What happens when the damages or medical expenses exceed the amount covered by your home or auto insurance policy? This is where umbrella insurance comes in. An umbrella insurance policy from Oliver Insurance is an extra layer of protection that covers you financially when your other insurance policies can’t.

• Assets: What assets do you have that you want to protect? This could include your home, vacation properties, vehicles, savings, investments, or retirement accounts. The more assets you have, the more you could lose in a lawsuit if you are sued. Anyone with a net worth of $500,000 or more or earning a high income should consider purchasing an umbrella policy to protect their assets.
• Potential Risks: Consider your profession, hobbies, social activities, and lifestyle choices that could lead to potential risks. Engaging in risky or dangerous activities such as extreme sports, owning a swimming pool, or having pets could put you at a higher liability risk. If you have multiple cars or drivers on your policy, an accident involving one could leave you vulnerable. If you frequently host parties and serve alcohol, you could be held responsible for any accidents or damages.
• Cost vs. Benefit: The cost of the premiums should not be the only factor when considering whether or not to buy one. Considering what it would cost you in a lawsuit quickly puts things into perspective.

Umbrella insurance in Canby, OR is an extra layer of insurance coverage that provides financial protection above and beyond what is covered by our home and auto policies. Contact Oliver Insurance if you have any other questions. We’re here to help.

When you own a business in Oregon, there are certain types of commercial insurance that you may need. Two types are required for many types of businesses. Several non-mandatory insurance policies can help you protect your business. When you want to ensure that your business is following the law, you need to ensure you have the required policies in Colorado. You can call us at Oliver Insurance in Canby, OR to learn more.

Workers’ Compensation Coverage

When your Oregon business has employees, you’re required to have workers’ compensation insurance. This is required no matter how many employees there are. It’s also required whether the workers are part-time or full-time. This coverage will pay for the bills that result from a worker having an accident at work. It also covers workers who get an illness related to their work. The coverage pays the medical bills along with any therapy needed during recovery. It also covers disability benefits. Every business with employees needs to protect themselves with this coverage. 

Commercial Auto Insurance

If your Oregon business owns any vehicle, you’re required by law to have a commercial auto policy for it. Several types of coverage have to be in these policies. One of these is bodily injury liability. One amount is required for one person injured and another for everyone injured in an accident. Then, there is an amount for property damage liability that’s required. In addition to these, coverage for uninsured motorists must be in these policies. And finally, there is a small amount of personal injury protection required. This will pay for your own medical bills after an accident. 

Call Oliver Insurance for Commercial Insurance

Call us at Oliver Insurance in Canby, OR when you need commercial insurance in Oregon.

Pet owners know that both routine and emergency veterinary care services can add up. The best way to protect against losses and other associated pet care issues is to purchase a quality pet insurance policy. Let the experts at Oliver Insurance help you get the options you want to match your needs. We proudly serve Canby, OR area residents to help them get the insurance products and services necessary to protect the things they care about.

Routine Pet Care

Pet insurance policies are designed to provide pet owners with coverage for routine and wellness care exams and services. Having pet insurance makes getting care for your pets needs easy and helps them to live a healthy and happy life more accessible. Pet insurance can also offer coverage for certain tests, diagnostics, and emergency services. If you have questions or concerns about pet insurance coverage, a helpful team of insurance professionals can provide answers and support.

Our insurance agents carefully assess each customer’s current pet insurance needs and match them with appropriate insurance policies to provide the best insurance products. We can also assist with document submission to secure the policy and assist you with any changes or claims during the policy’s lifetime.

We believe in providing exceptional customer service and work hard to ensure each individual gets the protection and options they need with their pet insurance policy. Please call or stop by our office today to schedule a consultation with one of our team members at Oliver Insurance. We strive to provide residents of the Canby, OR, area with services that protect them from risks and give them peace of mind. Reach out today to get started. 

Staying safe out on the road requires more than carrying good motorcycle insurance. The first line of defense should be to do all you can to prevent accidents from happening in the first place. Although driving a motorcycle in the rain is not necessarily recommended, here are some tips from Oliver Insurance on staying safe if you get caught in the rain in Canby, OR, or the surrounding areas. 

Slow Down

This goes for drivers of motorcycles or vehicles, but the first thing you should always do once it starts raining is to slow down considerably. Rain will decrease your visibility and increase the chances of hydroplaning. You might be tempted to speed up to get home sooner to get out of the rain, but this is not the safest option. You need to slow down if you are caught on your motorcycle in the rain. 

Seek Shelter

If you notice the rain intensifying, you might need to pull off the road and seek shelter. Remember, you do not have many of the advantages that drivers of cars and trucks have when driving in the rain. You do not have the same physical protection as the windshield and body of the vehicle. You will get very wet; once you are wet, your hands will be slippery on the handlebars, and your feet will also be slippery. In severe rain, always pull off somewhere safe and seek shelter. 

Check Before Your Ride 

Always check the weather before heading out to avoid getting caught in the rain. This simple step can often help to avoid a dangerous situation. 

If you would like to learn about motorcycle insurance, please contact us at Oliver Insurance, serving Canby, OR, and the surrounding areas.