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Peak Season Endorsement: A Better Way to Manage Inventory
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,…
Read MoreEvery Business Needs Office Insurance: Here’s Why
While there’s typically no such thing as one-size-fits-all when it comes to insurance, commercial insurance is designed to offer protection to a wide range of businesses and industries from broad coverage to niche needs. The functions of these companies can…
Read MoreWhy Do I Need a Builder’s Risk Policy?
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…
Read MoreEmployee Drivers & How to Protect Your Business Auto Insurance Rates
When determining which of your employees should have access to a company vehicle, it’s important to consider the effect these individuals could have on your business auto insurance policies. At-fault accidents are the most common cause of premium increases on…
Read MoreEquipment Breakdown Coverage: What It Is & Why You Need It
Homeowners insurance is one of the most common types of coverage offered. It is designed to cover the cost of repairing or rebuilding your home after an accident and can provide replacement costs for personal belongings when broken or destroyed. …
Read MoreHow to Grow Customer Trust and Comply with Data Privacy Laws
Data privacy will be a top trend for businesses in 2021. Today, virtually every nation has enacted laws that impact data privacy—or they are actively considering them. Failure to protect customer and employee information can have costly consequences. Business leaders…
Read MoreInsurance Considerations for Contractors
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…
Read MoreThe 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 MoreFinding Solutions to Fleet Safety Management Questions
Fleet Management is a stressful task in all types of companies and operations…from the fleet that is a major part of a company’s operations such as large trucks, to a small company that has one to five vehicles. According to…
Read MoreExcess Policy or Umbrella Policy? What’s the difference and which is better?
One of the questions a commercial lines underwriter hears most is, “Is your umbrella follow-form?” Basically, will it only increase the limits of my current coverage (follow-form), or will it also offer some additional coverage (umbrella)? Of course, the answer…
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