Insurance Portland, OR

At Schmidt Insurance Group, we do our best to design the best insurance plan to help you protect your finances, your family, your property in Portland, OR, your business, and your prized possessions.

Schmidt Insurance Group opened its doors in Lake Oswego in 2019 with a goal of making insurance easy while providing exceptional customer service. We proudly serve the local Portland area in addition to all of Oregon and Washington.

Insurance Portland, OROur team consists of born-and-raised Oregonians who are specially trained in high-net-worth households and can help you find the exact amount of coverage you need.

Our specialties include:

6 Interesting Insurance Facts

When it comes to insurance, most of us think about protecting our cars, homes, boats and jewelry, but there are some interesting facts about insurance you may not know. Here are six of our favorites:

  1. The Philadelphia Contributionship is America’s oldest continuously-active property insurance company. It was organized in 1752 by Benjamin Franklin and other Philadelphians who joined forces to protect each other financially against fire damage.
  2. Life insurance policies for the Apollo 11 astronauts would have been ridiculously expensive. As an alternative, the three astronauts (Armstrong, Aldrin, and Collins) autographed hundreds of post office “covers” that their families could sell if they didn’t make it back from the moon. [Source]
  3. While most standard home insurance policies won’t protect you from floods or earthquakes, they are likely to cover damage caused by meteorites, satellites, and bits and pieces of space debris. These are all covered under a “falling objects” clause in most home, auto, and life insurance policies. If this is something that worries you, be sure to talk with your agent to make sure it’s covered.
  4. Beware! When you have certain breeds of dogs as pets, your home insurance policy may exclude them from coverage. About 4.5 million people are bitten by dogs every year. In 2018, insurers reported nearly $700 million in liability claims related to dog-related injuries. Commonly excluded breeds are Pit Bulls, Rottweilers, Akitas, Mastiffs, and Alaskan Malamutes. If necessary, you can purchase a rider to add coverage for your dog.
  5. Thinking about insurance for your mobile food truck business? If you own a “traditional” food truck – an all-in-one kitchen and vehicle combination – a commercial auto insurance policy will provide liability coverage while you’re on the road, along with comprehensive and collision coverage for the vehicle itself.
  6. Believe it or not, libelous, slanderous deeds are covered by homeowners insurance. If your teen slanders an old best friend to their new best friends on Facebook and the old best friend’s parents sue you, the liability portion of your homeowners policy will kick in.

Yes, the world of insurance can be wacky! If you are in Portland, OR, you can count on Schmidt Insurance Group to help you get the coverage you need. Come have a cup of coffee with us today, or give us a call at (503) 206-0881 to learn more.