According to Statista, total retail and food services sales in the United States totaled 5.32 trillion dollars in 2015.[i] This includes perishable foods, which is food that “will spoil the most quickly and require refrigeration.”[ii] A recent article from fooddive.com notes that fresh and perishable foods account for $177 billion in sales, [iii] which makes the perishable food market in the U.S. quite significant. As such, companies that manufacture, process, and distribute perishable foods have an exposure to loss due to spoilage. One insurance coverage that can address this risk is spoilage coverage.
While much of the insurance industry is attempting to commoditize insurance protection with cute commercials and a focus on price – rather than coverage and claims service – Central has taken the opposite approach and continues to offer innovative solutions that protect against significant financial losses to homeowners.
Imagine you and your family are enjoying that long-awaited camping trip in the mountains. The tents are up, the car is unpacked, and your guitar is propped up against the nearby tree ready to play campfire songs. But first, you have to build the campfire. The evening is expected to be clear and chilly, with a sky illuminated by a bright, full moon and millions of stars. Sounds peaceful and majestic, right? But did you know, according to the National Interagency Fire Center, in 2017 alone, 64,546 human-caused wildfires burned close to five million acres. Who remembers Smokey the Bear? Maybe it’s time for a quick refresher on campfire safety from the expert himself.
Illicit drug use and drug addictions are an unfortunate occurrence that we often see broadcasted on the evening news or even directly affecting the people we know. Businesses are not exempt from facing this epidemic as the use of drugs continues to make its way into the workplace. With companies trying to navigate through the challenges of finding qualified, drug-free employees, many have unfortunately opted not to drug test employees, and have neglected the importance of a drug-free workplace.
While the students enjoy the freedom and fun of summer, the parents start to count down the days until school starts again. One of the more daunting yet exciting times for both parents and teenagers happens during the summer between graduating high school and starting their freshman year of college. This is the start of many big life changes for everyone, which can also bring a lot of stress and questions. As a parent, an important question you may not be thinking about is what coverage your student will have when they go off to college. Are they covered under your homeowners policy? Do they need more coverage?
We put a significant amount of trust into our independent insurance agents to advise us on how to protect our most important assets. But can you imagine George Clooney as your agent? How about Evel Knievel? Take a look at these A-listers who once worked in the insurance industry.