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If you operate a seasonal business or a business with significantly higher inventories at set times of the year, a peak season endorsement is an important consideration. Your personal property limit, including inventory, will remain constant throughout the year. However,…
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When underwriters think about risk, fire and theft come to mind. However, one risk that might be overlooked is improperly underwriting multiple named insureds. Yet the named insured is a key element in any commercial insurance policy. Who is considered…
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Whether you’re undertaking new construction, a remodel, or a renovation, a Builder’s Risk policy is an important consideration for residential and commercial properties. What is a Builder’s Risk Policy? Designed to cover a property throughout the course of construction, a…
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Category: Business, Central, Commercial, Risk Management
Tags: Builders Risk, building, business, commercial, new construction, remodel, renovations, residential, soft costs
Considering starting a brewery? Here’s what type of insurance coverage you’ll need.
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Category: Business, Commercial, Liability, Loss Control, Prevention, Risk Management, Service
Tags: alcohol, alcohol awareness, alcohol awareness training course, alcohol training, bar owners, bartenders, business, business insurance, business owner, commercial building, Commercial general liability, commercial insurance, commercial property, customers, employee, employees, employment, fall prevention, hazard, liquor liability, protecting business property, safety, Safety Tips, small business, taprooms, tastings
Winter weather brings a slew of potential dangers for property owners. Whether you’re maintaining a commercial space or a home, preparing your space for the season can go a long way in protecting it. In this article, the experts at…
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With harvest wrapping up and the holidays just around the bend, we’ve entered a season full of popping corks and raising glasses. Vineyards and wineries fall under Central’s manufacturing vertical, which encompasses a wide range of businesses, including metal goods,…
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As cyber risks evolve and become more threatening in scope, they come at an increasing cost to both the public and private sectors. The past two years have seen several significant cybersecurity incidents. In 2020, the Solar Winds hack breached…
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Category: Business, Central, Commercial, Cyber, Personal, Prevention, Technology
Tags: business, cyber, cyber risk, Cyber Suite Coverage, cybersecurity, Cybersecurity and Infrastructure Agency, phishing, ransomware, US Department of Homeland Security
Contractors have enough items to juggle without adding insurance into the mix; however, insurance-related issues are often unavoidable and, in some cases, misunderstood. Sure, it’s easy enough to determine how much coverage is needed for tools and equipment and it’s…
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Category: Business, Claims, Commercial, Liability
Tags: bodily injury, business, commercial, commercial umbrella policy, commercial vehicles, contractors, Employment Practices Liability Insurance, equipment breakdown coverage, general liability, liability insurance, professional liability, property damage, subcontractors
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…
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Category: Auto, Business, Claims, Commercial, Liability, Loss Control, Risk Management, Technology
Tags: accident investigation, business, car camera, commercial, commercial insurance, company drivers, company vehicles, fleet claims, fleet management, fleet performance, fleet safety program, fleet tracking, liability, risk management, telematics
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…
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Category: Business, Claims, Commercial, Financial, Liability, Risk Management
Tags: assets, business, business auto policy, Business Income - Loss of Use of Designated Auto Coverage, business income coverage, business income loss, business insurance, business inventory, business owner, commercial, commercial building, Commercial general liability, commercial insurance, commercial liability insurance, commercial policy, commercial property, commercial umbrella policy, equipment breakdown coverage, errors and omissions, independent agent, inland marine, inland marine insurance, loss prevention, professional liability, risk transfer