Boiler & Machinery is an antiquated term once used to describe a separate policy that offered coverage for causes of loss such as mechanical breakdown, electrical surges, explosion of steam boilers, steam pipes, etc. This separate policy was needed…
As a small business owner, you have a lot on your plate. Obviously, making a profit and keeping your business growing are of paramount concern. In addition, there’s making payroll, staying competitive, staying on top of new healthcare and tax laws,……
I’m pretty sure not too many people have asked themselves that question, but I have because I’ve been in the insurance industry for (obviously) too long. But, not only that, but what kind of insurance would Santa need, and for…
For those of us in the insurance industry, after a certain period of time, various lines of business, their abbreviations and the specific coverages provided by those lines become embedded into our brains. This occurs to the point where we…
It has become more and more popular that people are owning and running their own business these days. I mean, who doesn’t want to be their own boss? Though, what does that mean for your vehicles and auto insurance? Depending…
“I don’t need a Builder’s Risk policy,” said a contractor. “The money I save I’ll just set aside for any losses.” Little did he know how inexpensive a Builder’s Risk policy can be and how expensive a los…
If you’re like many business owners, once you get past the initial sigh and/or eye roll that accompanies the word “insurance,” you immediately start to think of property coverage as well as liability insurance. However, you probably don’t give much……
Whether it’s new construction or a renovation, a residential property or commercial, if you’re building, you need to consider purchasing a Builder’s Risk policy. Some commercial property policies include coverage for this type of exposure, but there ar…
Are you anticipating a nice tax refund this year? Maybe you have plans for a new TV or a special vacation. But imagine someone beats you to your refund by filing a fraudulent tax return, putting your plans on hold….
Last year at this time, I touched on why it is important for landlords to ensure their tenants carry renters insurance. This time around, let’s take a look at some important policy conditions that landlords need to keep in mind…