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Insurance 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 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 MoreHeed Your Mom’s Advice: Don’t Give Rides to Strangers (Unless You’re Properly Covered)
Most of us have seen the meme going around that refers to a couple of life lessons that have reversed course over the past couple of decades: don’t get in the car with strangers and don’t meet people from the…
Read MoreSpringing into Strong Winds and Storms
If the wind was strong enough to pick up Dorothy and Toto and pull her entire house into a tornado and send them to the magical Land of Oz, there is no telling what it could do to your property….
Read MoreGovernmental Issues and Homeowner Insurance Policies
I am just finishing up a week-long vacation in Florida with my wife and several other couples, and as it happens every time I’m out during an extended period with others, the topic of insurance eventually came up. “What happens…
Read MoreVacant Property Doesn’t Mean Vacant Worries
So my commercial building has become vacant…what’s the big deal? When a building is vacant, a small problem can quickly become a big problem. For example, a property in my neighborhood became vacant last fall. The bank that owned the…
Read MoreDiminish the Damage of Hurricane Season
Hurricane season is here. The season runs from June 1st through November 31st. Meteorologists love to make predictions about how many hurricanes will make landfall and their potential severity. Unless you live in a high-risk area that could be directly impacted, you…
Read MoreGeneral Liability Covers More Than You Might Think
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…
Read MoreAfter the Storm: Steps to Repair and Recover
The storm has passed and the immediate danger is over. Now it’s time to survey the damage and decide on the best course of action. Here are some steps to mitigate further damage and get started with repairs.
Read MorePersonal Liability Coverage – Don’t Let It Be An Afterthought
When discussing and rating homeowner insurance policies, personal liability coverage is often an afterthought. Insurance companies and insurance agents don’t always take the time to explain what it is and what it covers. Don’t fall into the trap of thinking…
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