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Northwestern Insurance Group, LLC

4800 SW Meadows Rd., Ste. 300
Lake Oswego, OR 97035

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Does Your Lifestyle Impact Your Insurance?

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It’s an unhappy fact of life that some people actively seek out people to sue. How does that affect you? It affects you if you own a swimming pool in your backyard. Someone could fall in or injure themselves when diving into it. Instant lawsuit. That adorable dog that lies across your lap and watches TV at night could bite someone. Lawsuit.

When you’re lucky enough to amass homes, cars, boats, and other signs of wealth, then protecting that wealth with an umbrella policy is paramount. That cool lifestyle now makes you vulnerable to anyone with a lawsuit. Northwestern Insurance Group LLC serving the Portland, OR metroplex will give you an umbrella policy whose limits rise above your normal insurance. Coverage for a couple of million protects you from lawsuit-happy people.

Examples Of Umbrella Coverage

    • When your teen drives your car and causes an accident that exceeds the auto policy limits. If the other driver sues, umbrella coverage kicks in to pay the court costs and the award.

    • You’re on vacation using segues and other rentals. An incident happens that maxes out your insurance. An umbrella policy will help pay for everything.

    • If you’re liable for injury or damages at a Portland. OR hobby show, then umbrella insurance will help pay for it.

Pros And Cons Of Umbrella Insurance

Pros

      • Protects from excessive home or auto liability claims  

    • Coverage goes into the millions

Cons

    • Not useful for the other-than high net-worth persons and families

Schedule A Consultation Today!

It’s when the lifestyle you’ve worked so hard to establish is threatened that you need umbrella insurance. Please call us or visit Northwestern Insurance Group LLC, and we’ll tell you more about it.

How can Oregon residents benefit by getting a life insurance plan?

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For people that live in the Portland, OR area, being properly insured should always be a top priority. When you are looking for a way to improve your personal insurance plans, it would be a great idea to add life insurance. This is a valuable type of insurance that can offer various benefits to residents in this part of Oregon.

Offer Financial Coverage for Dependents

A top advantage that can come with having a life insurance plan when you are in this part of the state is that you can receive financial coverage. If you have dependents that you care about, it is very important that you ensure they continue to be covered financially in the future. A term life insurance plan is ideal in this situation as it can be customized to meet your specific needs in terms of policy length and coverage amount. 

Financial Advantages

A life insurance plan is also a good idea because it offers financial and investment benefits. When you invest in a whole life insurance plan, a portion of your payment each month will go into an account that grows in value with interest over the years. You are then able to liquidate this policy in the future, which can make it a great addition to your personal investment plan. 

Reach Out To Us

Having a proper life insurance plan continues to be a good option for anyone that lives in the Portland, OR area. When you are looking to get this type of insurance here, it can be a great idea to call our team at Northwestern Insurance Group LLC. There are a lot of choices that you will need to make when looking for coverage, and our professionals at Northwestern Insurance Group LLC can help you build a new plan. 

Top Auto Insurance Myths and the Truths Behind Them

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There are common misconceptions about auto insurance. At Northwestern Insurance Group LLC in Portland, OR, we are here to dispel common auto insurance myths. 

Auto Insurance Myths

Myth #1: Insurance Follows the Driver

Most auto policies are tied to the car, not the driver. This means if another legal driver has an accident in your car, your auto policy will cover it. 

However, if you are driving an uninsured vehicle, the policy for your car won’t cover you. 

Myth #2: Auto Insurers are All the Same

The truth is there are a lot of similarities between auto insurance companies, particularly when it comes to coverage. However, there are also key differences in premiums, deductibles, and customer service. These differences can make a big difference in your experience with your insurer.

Myth #3: Minimum Coverage is Enough 

You may think that the minimum coverage is enough. While the minimum will keep you legal, it may not provide complete protection. If you have an accident and the costs exceed your coverage limits, you’ll be liable for the difference. 

Myth #4: Full Coverage Includes Everything 

Full coverage is considered complete protection. However, there are a few things that aren’t covered. 

Full coverage includes comprehensive and collision coverage. Collision coverage covers damage to your vehicle if an accident is your fault.  

Comprehensive coverage includes damage that doesn’t occur during an accident. This includes vandalism, theft, and storm damage. 

Full coverage may not cover other drivers or accidents that occur outside the U.S. It’s important to talk to your insurer to understand exactly what is and what is not covered. 

Reach Out To Us

If you need auto insurance in the Portland, OR metroplex, contact us at Northwestern Insurance Group LLC. Our friendly auto insurance agents will help you choose the right policy for your needs. 

What Types of Commercial Insurance Will Best Protect My Business?

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State law requires some businesses to carry certain insurance. However, it’s a good idea to voluntarily purchase the right commercial insurance for your business in Portland, OR. Northwestern Insurance Group LLC agents can provide the advice you need to choose the right policy for your company. 

Here are some of the most common types of business insurance:

General Liability Insurance

General liability insurance covers property damage and bodily injury plans against your company. If a customer slips and falls in your office or retail store, general liability insurance will cover the cost of medical expenses. In some cases, it also covers liability for work done on location by you and your staff.

Professional Liability Insurance

Professional liability insurance pays for claims related to unintentional mistakes made while providing professional services. If you own an accounting firm and make an error on a customer’s financial reports, you may have to pay for it out of pocket if you don’t have professional liability insurance. This coverage is also called errors and omissions insurance.

Business Income Coverage

If your business experience is interrupted, business income coverage reimburses you for lost income. Examples include fire or storm damage and losses due to theft.

Commercial Property Insurance

Property insurance for your business covers rented or owned property and equipment. If someone steals computers from your office or expensive equipment from your restaurant, commercial property insurance can help cover the cost of replacing the lost items.

Data Breach Insurance

If you purchase data breach insurance, it can help cover the cost of hackers exposing And stealing customer data. Typically, data breach insurance covers the cost of notifying impacted clients and federally mandated credit monitoring services related to the breach. It can also cover the cost of improving public relations following a breach.

Commercial Umbrella Insurance

If you want to extend your existing commercial insurance policy, umbrella insurance can bridge the gap. So, for claims exceeding policy limits, your umbrella insurance would reimburse you up till the maximum payout.

Give Us A Call

Contact Northwestern Insurance Group LLC to learn more about commercial insurance for your business in Portland, OR.
 

What to Do if My Home has Been Robbed

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Finding out you have been the target of a burglary is a disorienting and scary experience, and it’s vital to call law enforcement right away. It is recommended that you leave the premises immediately and that you stay off the property.

Resist the urge to investigate the damage or to see what was done because you could be the victim of a dangerous assault. Additionally, you may tamper with evidence needed to determine the nature of the crime. Stay with a neighbor or even inside a locked car if no one is available to help. 

Creating a police report gives you the opportunity to obtain documentation central to the event, and that can help with filing your insurance claim later. They may ask you to write a list of all the major items that are missing or damaged. 

This can be done once they have cleared you to re-enter your home. Larger possessions are easier to take note of, so you’ll have to be diligent in searching everywhere to get a clear idea of what has been stolen. 

It’s not required by law that Portland, OR residents have homeowners insurance, though your lender will compel you to purchase indemnification. As soon as possible, contact your Northwestern Insurance Group LLC to file a claim. 

Present them with your list, and include any identifying information, such as serial numbers or purchase prices. Provide any receipts, photos,  accompanying instruction manuals, and warranties to provide confirmation of the value of your items, as this will help the adjuster process your claim.

Northwestern Insurance Group LLC Can Help You

We serve the region of Portland, OR and assist clients by offering  insurance packages to suit your needs. Please reach out to us by phone, online, or in person for further details of how we can be of assistance.