Five Reasons your Employees Need Group Health Benefits.

 Many employers shy away from the idea of providing group health insurance benefits to their employees, assuming it is too big of a company expense. However, there are many reasons why a business owner might consider offering a group plan and there are numerous advantages. Here are 5 reasons why small & large business owners would consider offering a group health insurance plan to their employees.

  1. Attract the best employees 

Needless to say; Offering health insurance benefits to your employees gives you a competitive advantage. It gives you the opportunity to enhance your office atmosphere and improve morale. Employees tend to be happier and more satisfied with their jobs when they are offered group insurance, as it creates a culture where employees do not have to stress about their insurance needs.

  1. Retention

Recruiting and retention are equally important. Replacing an employee can cost you almost half of your yearly salary. Many small employers cannot afford to have turnovers. Offering health insurance to your employees creates a sense of great value in your employment team and employees will consider the cons of dropping the opportunity of benefits through their employer.

  1. Business Owners Financial Gain

Employers gain tax advantages by having these group plans in place. Employers can deduct 100% of their employees’ health insurance costs, as a business expense. If your business is incorporated, your own insurance costs are also deductible.  Additionally, the amount your team pays toward their premiums is done on a pre-tax basis, which means that they have lower taxable payroll earnings, so your payroll taxes are lower.

  1. Employee Financial gain

Because employee’s premiums are deducted from their paycheck, pre-taxed, it lowers their overall taxable income. That being said, it gives employees control over their finances. You are also offering your employees group purchasing power. Even if you decide to only contribute the bare minimum toward your employees’ health insurance premium, you can offer them the opportunity to obtain group rates through your business, which is typically cheaper than the rate of individual & family plans.

  1. Happy community

Many health insurance companies focus on preventative care & improving the overall health of their beneficiaries. The health company you choose may improve the overall quality of life for your employees & their families. This acts as an investment to not only the employees, but to you & the community. Offering benefits to employees shows the demonstration that employers care about everyone’s happiness & long term health. There is a sense of comfort in knowing that you are taken care of, and that will ripple throughout your entire company.

There are many questions that may come up when reviewing health insurance options. The right agent can give you access to centralized details and resources, so that your whole team knows exactly where to go for help.

With the right guidance, you will be able to get your team a plan that custom fits exactly what they need. Call to schedule an appointment and get you & your team on the right track today!

Written by

Kelsie Beaudin

LIFE & HEALTH SPECIALIST FOCUS 1 INSURANCE

Focusing directly on the health & well-being of our community

541.772.3120

kelsie@focus1ins.com       

The first ride of the season! We’ve got you covered.

Happy Earth Day Southern Oregon! Sunshine is coming our way; it’s time to break out those classic wheels and bikes! Here at Focus1 Insurance, we know that your classic takes a special kind of coverage not provided by your typical car insurance carrier, so before you go out on that first ride, make sure you’ve got your baby properly covered. We work with Hagerty Classic car insurance company and Progressive Motorcycle insurance to help protect you from the hazards of the road. Our goal is to provide peace of mind while you enjoy the ride, the breeze, and the freshly polished leather. Let us introduce you to the top companies we use for insuring your pride and joy.

  Hagerty car insurance is for collectors of classic and vintage cars, motorcycles and boats. Insurance is available for collector vehicles used for limited driving for pleasure purposes, car shows, and other events. If you are a classic car enthusiast with your first classic car, or you are looking for a better coverage option than what you currently have, Hagerty has what you’re looking for and we have agents available to quote you for the special coverage you need.

Because classic and vintage cars are used differently than your daily driver or work vehicle, they need a different kind of coverage and have a totally different rating system. There are things to consider like, where the car is stored, the value of the modifications done, the rarity of the vehicle, how the car is used and how often, and other rating factors like the driver. Focus1 agents know the right questions to ask to see to it that you and your car are rated properly.

Hagerty isn’t just a car insurance company, they are a group of car enthusiast like you with a love of the classics. They are involved in promoting the love of driving around the country. Currently they are hosting a young drivers event; The Hagerty Driving Experience, where they aim to teach young drivers ages 15-25 yrs. old, how to drive stick shift cars behind the wheel of a vintage or classic car. The experience isn’t just a driving lesson, they also teach the drivers some basic car maintenance and transmission operation.

“This program is designed to help build the next generation of classic car enthusiasts and keep the collector community strong.” – hagerty.com

Find out more at www.hagerty.com or ask your Focus1 agent for more information. The program runs from July 2017 to January 2018 in select locations around the states.

  Progressive Motorcycle Insurance is the #1 motorcycle insurer and preferred here at Focus1 insurance group for a few reasons. They are simple to quote, they offer full coverage designed for motorcycle riders, taking into consideration that there are only certain months out of the year that you will be riding, and their prices are hard to beat. Hopping on your bike for the first time after the long Winter months is the most exciting feeling; we get it! We also understand the risks of riding the roads on a motorcycle without the proper coverage. And because we know that customizing your bike is second nature; we offer custom parts and equipment coverage (CPE) in addition to your basic policy, so your time and energy spent on improving your ride doesn’t go to waste, in case of an accident.

Custom parts and equipment are defined as equipment, devices, accessories, or enhancements other than those that the original manufacturer installed that alter the performance of the motorcycle. If your improvements are valued at more than $1,000 it may be a good idea to add additional CPE. Some examples of equipment that might be easily overlooked:

  • Fairings
  • Custom leather seats
  • Sissy bars
  • Extra chrome
  • Saddle gags
  • Lowering kits
  • Side cars
  • Paint jobs
  • Safety riding gear
  • Roll bars
  • Windshield

It’s always a good idea to take pictures of your bike and keep your receipts of these and any other additions. This may help to expedite a claim.

Rather than leave your custom bike or classic car unprotected, let us help you get the best coverage available with Progressive and Hagerty Insurance. Stop by today and get ready for that first ride! Call or walk in at any time for a free quote from Focus1 Insurance Group!

Sources: Hagerty.com, Progressive.com

So, your parents want you to get your own insurance? What to Know Before You Call…

     You finally have your license, you have a car, and your best friend has already planned the first official road trip, but apparently you aren’t ready yet; you need insurance! To legally drive in Oregon, you must have a minimum liability insurance policy of $25,000 per person medical coverage, $50,000 per accident, and $20,000 for property damage.  You’ll need personal injury protection (PIP) and uninsured motorist protection. So, what on Earth does that mean? Well it’s not as complicated as it may sound, but there are a few terms and ideas you’ll need to understand before you call an insurance agent for the coverage you need.

What is liability? Liability simply means that you are responsible for what happens to you and other drivers when you get behind the wheel. Your liability limits are a dollar amount that the insurance company will pay out in the event of an accident. You can get a quote for the state minimum or you can get higher limits for more coverage. A good agent will always offer the best coverage to suit your needs.

Deductibles are a dollar amount you will pay out of pocket before your insurance pays when you file a claim. A deductible is separate from your premium. It applies to full coverage, which is collision and comprehensive coverage. These coverages protect you for more than just your liability portion of an accident. The idea behind a deductible is to encourage you to avoid making small, and often times unnecessary claims. So, the higher your deductible, the lower your premium, but the lower your deductible, the higher your premium.

Lienholder or Loss PayeeDo you make payments on your car or do you own it outright? If you make payments to a bank, credit union, or through the dealer, they are considered the loss payee or lien holder. Those terms are used interchangeably to describe an entity who has insurable interest in the car and is requiring that you have a certain amount of coverage on the car. An agent would need to list them on the policy as well. You’ll need the name and address of the lienholder.

VIN: vehicle identification number. You’ll want to have this handy when you call in. It’s the number the car is registered under and can be found in multiple places. You’ll find it on the registration, inside of your driver side door, on the dashboard near the windshield, or on the old insurance card.

    And lastly, your driver’s license number. You’ll be able to shop around or you can call Focus1 Insurance Group, where we can do the shopping for you! Call today!

Happy 4th of July from Medford Oregon

When Things go BOOM in the Night – Fireworks Safety

 For most of us, the Fourth of July is a time to enjoy the company of family and friends, having fun and creating memories – whether at home or away in Southern Oregon. 4th of July Medford, Ashland, Central Point, Eagle Point, Oregon, Portland

But for some families, the holiday is a nightmare. Homes each year in Oregon are damaged by wayward fireworks. Thousands of people are injured in accidents.  

At Focus1 Insurance Group Medford and Portland we want your holiday to be happy, but also safe. So here are some tips to help you protect yourself and your property on the Fourth. 

Protecting yourself (and others) Continue reading

Fight for your Rights….in Southern Oregon.

Do you know how to make sure you get a fair settlement or claim resolution with an insurance carrier?

Will your agent fight for you and your rights when your claim goes wrong?total loss, claims advice, claims help, Medford Oregon, Ashland, Central Point

Eli Clark at Focus1 Insurance Group has the tools and know how to help you and your friends get some straight talk and many times can help you come to a resolution.  As an ex-claims adjuster with experience handling business and personal lines claims, Eli can help existing clients as well as their friends and family make sure they get fair treatment on their claim.  Weather your dealing with a fire loss in Ashland, a total loss in Medford or an animal bite in Portland, Eli Clark and the professional staff at Focus1 Medford and Focus1 Portland are here to help.  Here are a few tips that Eli has found useful over the years:

The Oregon Department of Insurance is a fine website that can aid consumers through researching carriers and their complaint ratios.  Continue reading

Car Insurance and family travels this summer in Southern Oregon

Where to this summer?  Oregon Coast, Crater Lake or Portland Oregon?

Some Great tips before you travel from your local Medford insurance agency.

Is your car insurance up to par for family travels in Medford and Southern Oregon?Call Focus1 and ask about a “Trip Interruption” endorsement and how that affects your Auto Insurance Plan before you leave in the old Grizwold-mobile for this year’s vacation.  This valuable coverage can cover the tow like many Roadside Plans but in addition to that, if you exceed 50-100 miles, depending on the plan and you have a mechanical breakdown, it will repair the vehicle and pay you out of pocket expenses relating to the stay and the food that was unexpected.  This coverage can be had on many cars and trucks for $15 to $20 annually and at Focus1 we can add it before you leave and remove it upon your return.  This way you only pay for the coverage when it matters most. Visit www.Focus1Ins.com for a free quote!

Another great idea is if you are traveling and you carry a Liability Only or a PL/PD type of policy is to consult your agent before leaving town and perhaps add Comprehensive and Collision.  I know many people do not carry these coverages so they can save money.  If you think about it, your chance at having an issue increases when you are out of town.  So for a small daily rate that can amount to a few dollars, you can have coverage in case your car is stolen , for that deer you smash on the way to Eagle Point or the wild mule you hit on the way to Lakeview.  Hit and run coverage is nice when your driving somewhere new too.  One last reason to add “full coverage” before you leave is if you intend to rent a vehicle and you do not carry comprehensive and collision.  Rental car companies will charge $28.99 per day or more for coverage you can extend from your covered auto.  Straight-forward advice and excellent customer service are what makes us unique here at Focus1 Insurance. Our families will work harder for you.  If you do not know your agent or your agencie’s number, consider calling one that you can look forward to working with, 541-772-3120.

The difference between captive and independent agents in Medford, Southern Oregon and Northwestern States

Independent Southern Oregon agents shop for the best insurance coverage and rates for their clients!

Choosing the right agent not only can make a difference in how much service you get and what kind of advice you get when you need it. There are two different kinds of insurance agents you should consider.

Independent insurance agents in Medford, OR.Captive agents are insurance agents who represent and write policies for just one insurance company. State Farm and Allstate are two common examples of insurance companies that only employ captive agents in the Southern Oregon Area. If the insurance carrier a captive agent works for has subsidiaries, the agent may be able to write policies for those subsidiaries as well, but they cannot write insurance policies for companies outside of their corporate umbrella.  Continue reading