If you are in the construction business, you have probably heard of a builder’s risk policy, but maybe are not familiar with all the ins and outs of what it covers, so that’s what we will discuss today. A builder’s risk policy is a type of inland marine coverage that is specifically meant to cover […]
If you are thinking about starting a towing company, there are several different things you will need to think about before you open for business. Operations What type of towing do you plan to do? Will it be all private passenger vehicles, or will you also tow commercial vehicles? Will you be available 24/7? Will […]
When you hear the word insurance, you most likely think of home, auto, business, health insurance, etc., but these are not the only things people can and do insure. Below are some of the strangest things insured we can find!
Wildfires – What to Do When You’re in the Danger Zone If you find yourself in the path of a wildfire like the horrible ones raging in California right now, there are several things you can do to try to lessen the damage to your property. Before a Fire Starts Make absolutely certain your Insurance […]
Now that cannabis/marijuana is legal in most states, insurance companies have had to come up with entirely new rules and policy information to cover its growth, distribution, sales, and use. It’s a whole new world! If you are considering starting your own cannabis-based business, here are a few of the coverages to consider purchasing, according […]
Everybody has heard the term deductible, but what does it really mean? How does it affect your policy and you, personally? A deductible is defined by the Oxford English Dictionary as “a specified amount of money that the insured must pay before an insurance company will pay a claim.” Easy enough to understand, but what […]
If you have a commercial auto policy, you have probably seen a number next to each of your coverages, but what do those numbers actually mean?
What exactly is cyber insurance? Why do you need it? What does it cover? These are just a few of the topics I would like to go over today. A quick overview of cyber insurance is that it covers technological breaches and other types of cyberattacks on your computer system(s). It may not be able […]
My family and I like to have off-the-wall discussions, and this particular topic was one I thought could be a fun blog post for you guys. What if Jurassic Park was real? How would their insurance react to the events of the movie? What types of claims would be filed? Would any of them be […]
Last week we talked about Actual Cash Value, so this week it is only fitting that we talk about the flipside, which is Replacement Cost. Replacement cost is pretty much what it sounds like – the cost to replace your building, house, vehicle, personal property, etc. if it is completely destroyed. How is the replacement […]