Daniel Hull, Author at KMH Insurance Group

The Importance of ERISA Bonds for 401k Sponsors

October 4, 2022
Daniel Hull

As a 401k sponsor, you are responsible for the safety and security of your employees’ retirement savings. One way to protect your employees’ savings is by purchasing an ERISA bond. ERISA bonds are insurance policies that protect plan sponsors from financial losses caused by employee theft or fraud. In this blog post, we’ll discuss the […]

Do I need a Janitorial Bond?

October 3, 2022
Daniel Hull

You may have seen the term “janitorial bond” before, but you may not be sure exactly what it is or whether you need one. A janitorial bond is a type of surety bond that is required in some states for businesses that offer janitorial services. In most cases, the bond is set at a certain […]

Multi Million Dollar Loss Verdicts – Real Life Examples of How You Should Protect Yourself

October 20, 2020
Daniel Hull

A large-scale motor vehicle loss can come at your business from any direction, but it doesn’t have to take your company off the road. While you stay focused on growing your business, we can help you protect it. Travelers can help you protect your business against large-scale losses, like these automotive judgments over $25 million […]

Terminology Tuesday – Declarations Page

October 13, 2020
Daniel Hull

It is possible that someone has requested a declarations page from you before, and you might have had no idea what they needed! I know before I started my career in insurance, I would have had absolutely no clue what that phrase meant, so you would not be alone. A declarations page (often shortened to […]

Tenant Insurance – Why?

October 12, 2020
Daniel Hull

You may be thinking, my landlord has insurance, why do I need my own policy? The main reason is that your landlord’s policy is not going to cover anything you own on your own! Their commercial property policy will cover damages to the building and to their business personal property, but your own property will […]

October 11, 2020
Daniel Hull

Earthquake coverage is not usually covered on either a homeowners or commercial property policies, so if you live or own a building near an earthquake-prone area, this is definitely a coverage you are going to need to purchase. Earthquake insurance can be purchased either as an endorsement to your policy or as a standalone policy. […]

Uninsured/Underinsured Motorist Coverage

September 30, 2020
Daniel Hull

This sounds fairly self-explanatory, and it is, to an extent. This will step in and give you coverage when the other party either does not have insurance, hit you and ran away, or does not have enough insurance to cover the damages.

Terminology Tuesday – Endorsement

September 29, 2020
Daniel Hull

In every policy there is a standard coverage form, but there are also endorsements that change that form to fit each individual person’s or business’s needs.

Licensed and Bonded – What does it mean?

September 23, 2020
Daniel Hull

You have probably seen companies advertise that they are “licensed and bonded,” but what does that actually mean?