Central Insurance Companies
Category: Claims
The Benefits of Telematics for Company Vehicles
When I’m completing a risk management review for one of our commercial partners, the most common area of losses we discuss are fleet claims. Whether your company has one vehicle or 100, having drivers out on the roadway poses a…
Read MoreAvoid Collision Towing and Repair Scams
Unscrupulous and dishonest collision repair operators are key contributors to the nation’s insurance fraud problems. There are many types of collision repair fraud scams, ranging from airbag fraud to chop shops that dismantle and resell stolen vehicle parts, to…
Read MoreThrough the Roof! How Roofing Scams Will Cost You
In January 2020, The Federal Trade Commission (FTC) released its 2019 Consumer Sentinel Network Report showing that they received a total of 23,963 reports from home repair, improvement, and product fraud. This is a staggering amount of fraud reported…
Read MoreBusiness Insurance 101: Where Do New Business Owners Start?
If you’re the proud owner of a new business – or even just kicking around the idea of hanging your own shingle – you’ve probably realized that there is a lengthy list of items and issues to address. From startup…
Read MoreWhat is the highest property damage claim in terms of loss frequency?
According to the Insurance Information Institute (III), wind/hail damage is the highest property claim type in terms of loss frequency. Water damage/freezing comes in second on this not so great list. With this in mind, I would like to give…
Read MoreImagine…your insurance policy doesn’t fully cover a liability loss. Then what?
Imagine your child and his friends are playing with the new, family pup in the backyard. Suddenly, the dog bites your son’s friend in the face causing permanent harm. You are legally liable for the costs, and the limits on…
Read MoreWhat factors can change the extent of hail damage on neighboring homes?
As the end of summer is approaching, now is a good time to revisit the phenomenon of hail and the possible damage it can do. As the National Severe Storms Laboratory indicates, hail is a form of precipitation consisting of…
Read MoreThe Nurse Hotline: The First Step in a Work Injury Claim
Did you know that over 2.9 million workplace injuries occur each year? Accidents and injuries happen, but the common goal is to limit the number of injuries and keep employees as safe as possible. When an injury does happen, there is…
Read MoreManaging Claims is Easy with myCentral®
Insurance is such an oddity; people pay premiums in exchange for a promise of help if something goes wrong. Everyone hopes to never test that promise, but let’s face it – bad things happen. When something bad does happen, myCentral is…
Read MoreCracking the Code on Commercial Umbrellas
Many people in the insurance industry will agree that umbrellas are one of the most misunderstood lines of insurance coverage in existence. Of course, it’s easy to understand why when you look up the definition of “umbrella” and get explanations…
Read More