John Proko

Strange days. Look into your property renewals early.

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‼️🚨‼️🚨‼️🚨 Attention everyone! Live in California? Having a tough time finding insurance? Want to know what’s going with the insurance market? As most people who live in California know, the insurance market is tough! Several companies have stopped writing new policies, pulling out of the state, or non-renewing for one reason or another. This pertains mostly to personal lines (home and auto), and commercial (business) insurance. What’s the answer? Find a broker! We have access to several companies across different lines of insurance. Here are a few policies for clients I have helped in the last week or so. Personal umbrella Auto insurance with a international license Condo rented to others General liability for a business California Fair Plan Difference in Coverages to go with the Fair Plan Home that was non-renewed What does that translate to? We STILL have companies writing new insurance policies to service our clients. If you, or someone you know is having trouble finding insurance, please reach out! #insurance #insuranceagent #insurancebroker #insurancesolutions #home #auto #business #umbrella #christorresinsurance #california #socal #oc #ie #la

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Where do I even start...I have been saying it for 30+ years that the solution to the healthcare and health insurance issues in this country involve LESS government intervention, not MORE! I pulled one paragraph out of the article that was telling..."...reduce the state’s projected $517 billion in costs over the next decade by controlling prices for hospitals, physicians and drugs, and capturing savings from reducing excess administrative costs common to the current healthcare system." That means underpaying all providers and hospitals and job losses in administrative positions. Not to mention job losses at the insurance companies and their independent sales force. Also, because these are individual states (and not the entire country), providers can and probably will LEAVE these states. Hospitals will close without additional funding. Kaiser is headquartered in CA and a major provider and insurer. What would happen if they were to say "we are out." Not to mention that these states have not learned anything from the federal government Medicaid and Medicare programs. Medicare is a "black hole" sucking money out of the government and is still on track for insolvency in just a few years from now. The residents of these states are in for a rude awakening if/when these plans are implemented. Although, it is those same state residents that voted for the people that are doing this. So, they have nobody to blame but themselves...

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What is going on with insurance rates in California! Here is a quick 3 minute video on how we got here and what the future holds. https://lnkd.in/gyTw9qiK

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Business Owners have all sorts of questions about insurance. What questions do you need answering? Now you can DM, Email, Call or Text your questions. #Californiainsurance #Sandiegoinsurance #Californiabusiness #Sandiegobusiness #commercialinsurance

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Perfect for this season but also an excellent reminder of a few key things inspectors might look for. 👏 #arizona #homeinsurance

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Your journey to greatness begins with bold choices! #MotivationMonday #StateFarm #TeamStateFarm #LocalAgent #WestCoastAgent #Salem #SalemOregon #Oregon #Nevada #California #Washington #Insurance #AutoInsurance #HomeInsurance #LifeInsurance #InsuranceQuote

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According to Nerd Wallet, these are the top motivations for getting life insurance. No matter your motivation for purchasing life insurance, we can help you find the right coverage. 📍734 Woodside Rd, Redwood City, CA 94061 ☎️ (650) 260-2532 #lifeinsurance #goodneighbor #statefarm #redwoodcity #redwoodcityinsurance #california #californiainsurance #youragentjohnmcafee #johnmcafeeinsurance

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Spraying to all fields, I am not a happy camper this morning and this is something that gets in my craw on a consistent basis. Why is it that the state of California believes that it is correct and justifiable to charge sales tax on a CRV? My 2 for 5 deal, with CRV is now 2 for $5.10, plus tax. If it was at $5, my total would be $5.425 rounded to $5.43. At $5.10 it's now $5.533, rounded to $5.54. The difference on one drink, or in my case a 2 for $5 drink, is small. However, when you extrapolate across many drinks, it is no longer small. The average American drinks 47 gallons of just bottled water a year. That about one bottled water per day. So in California alone, 39 million bottles are sold everyday. (I know we buy them in bricks of 48 from Costco, so bear with me). And at 5 cents per bottle, at an average sales tax rate of 8.5%, it's about $0.004 per bottle. Which is not much. Now times that by 39 million. That's $165,750. Per day. On CRV. Which should be non taxable. Kinda like a tip on services at a restaurant. (Which by the way is also taxed when ordered online) So, $165,750 times 365 equals, carry the nine, $60,498,750 per year. On CRV. 60 million freaking dollars that state brings in just on CRV tax. Please, someone, anyone, explain to me how this is not just an outright fleecing of the public. By the way, this is just on the bottled water, not to mention my beer, my Cokes, my any of eight other drinks I drink frequently. On that happy note, wanna go get a draft at Kelly's?

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In these days of health insurance with high deductibles and some clients going without any health insurance at all, parents especially love accident policies for their children. Learn more about this value added product with a simple application. https://lnkd.in/g5wy9ciq

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What are "dual wage classifications"? In California Workers Compensation coverage, this indicates having two class codes for the same type of work, differing based on the employee's hourly wage. A higher hourly wage can lead to a notably lower WC rate for specific contractor class codes. While your payroll may rise, your WC premium may decrease even more significantly. Don't wait until after a WC Audit to discover this information when it's too late! For further details, please DM me.

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Exploring Self-Funding for Your Business’s Health Plans in CA As a small business owner in California, you might be considering different ways to manage your health insurance costs. Have you thought about self-funding your health plans? Here’s a quick rundown of what self-funding can do for your business and why it might be worth exploring: 1. Cost Control - 💵 Direct Savings: Instead of paying fixed premiums to an insurance company, you pay only for the actual healthcare claims of your employees. This can lead to significant cost savings if your employees are generally healthy. 2. Flexibility - 🛠️ Customizable Plans: Self-funding allows you to tailor your health plans to meet the specific needs of your workforce, offering benefits that are most valued by your employees. 3. Cash Flow Management - 📊 Improved Cash Flow: You can retain cash that would otherwise be tied up in premiums, potentially improving your business’s cash flow. 4. Transparency - 🔍 Clear Insights: Self-funding gives you greater visibility into where your healthcare dollars are going, allowing you to make informed decisions about plan adjustments and cost-saving measures. 5. Potential Tax Advantages - 💼 Tax Savings: Depending on your plan structure, there may be tax advantages that can further reduce your overall costs. 6. Regulatory Exemptions - 📃 Fewer State Mandates: Self-funded plans are regulated under federal law (ERISA) rather than state law, which may exempt you from certain state insurance regulations. 7. Risk Management - ⚖️ Risk Pools: Consider the risk – your business will need to cover high-cost claims. However, stop-loss insurance can mitigate this risk by capping the maximum amount you would pay for claims. Is Self-Funding Right for Your Business? Thinking about self-funding your health plans could be a game-changer for your business. Want to dive deeper into how it could benefit you and address any potential risks? Let’s discuss how this approach can be tailored to your specific needs and what steps you need to take to get started. Interested in learning more? Let's connect and explore the best options for your business! #SmallBusiness #HealthPlans #SelfFunding #CostSavings #EmployeeBenefits #BusinessStrategy

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