Terminology Tuesday – Endorsement
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.
Terminology Tuesday – Subrogation
What is subrogation? The official definition I found on Investopedia.com is as follows: “Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured.
Garage Insurance – What Do You Need to Know?
Auto dealers, repair shops, body shops, and more all need Garage Insurance to cover their businesses, but what does it really cover?
Commercial Auto Policy Symbols – What do they mean?
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 to Do When You Have a Claim
Oh no! The worst has happened, and you had a loss! Now what? First, make sure everyone is okay and call whatever authorities need to be involved. Next, call your insurance agent! Your agent will be able to walk you through all the steps to make this unfortunate time as easy as possible. First, they […]
Why You Might Be Considering Firing Your Agent and What’s Happening Behind Closed Doors!
For decades Insurance Agents were synonymous with good financial planning. Your parents’ parents told them who to see for life insurance, auto insurance, home insurance, health insurance, or any other insurance product you can drum up for purposes of this article insert it where it fits. It was like a never-ending flow of people and […]
Why It’s Important to Find the Right Risk Class Codes
I wish I could say that it doesn’t happen every day but ‘It happens every day’ that we are asked to quote risks that have been (for years) incorrectly rated. As an agent, I can’t help but think to myself when I see such things that the licensing exam for agents is just too easy […]
Fiduciary Responsibility : What is your agent doing with your information
[DISPLAY_ULTIMATE_SOCIAL_ICONS] Cyber Security and Cyber attacks are a real thing in today’s electronic world. With so much circulating on the internet many people have become numb to protecting their personal information because they are just so accustomed to giving it to everyone to sign up for anything from a magazine subscription to an Xbox Account. […]
Coinsurance: Why you might not be covered for as much as you think
Many of our best clients come to us with policies that have coinsurance and it’s an unspoken and uncommunicated loophole that is in a lot of insurance policies that clients might not otherwise understand but could lead them a path to being underinsured and a slew of headaches for an agency and an insured. I […]