News
Don’t Ignore Water Stains On Your Ceiling
Water stains are a sign of roof problems. Many businesses put off repairing leaking roofs until the water actually starts dripping through the ceiling, and even then, some just place buckets under the leak. Those delays can cause serious property damage and liability exposures. If you don’t address a leak when you know about it, […]
Read More....Will You Have Enough to Rebuild?
Will you have enough to rebuild is your business building is destroyed? It could be a problem if your insurance limit is based on the past owner’s policy or on what you paid for your building at the time of sale. A property insurance policy lists a limit of building insurance and a deductible. But […]
Read More....Business Insurance Coverage for Infectious Disease
Is there coverage for infectious disease? With sustained concern over the spread of infectious disease, businesses of all sizes are looking at two primary risk management issues: hygiene protocols and liability insurance for illness. Most general liability policies have a bacteria or virus exclusion, so your liability for third-party sickness acquired through your facility would […]
Read More....Are Your Covered for Sinkholes
Spring is coming and sinkholes are coming too! According to the USGS, the most damage from sinkholes tends to occur in Florida, Texas, Alabama, Missouri, Kentucky, Tennessee, and Pennsylvania. That’s right Pennsylvania is one of the to sinkhole states. You may be aware that earthquake and flood coverage does not come standard on commercial property […]
Read More....Does a Business Auto Policy Cover Personal Use?
A personal auto policy can cover some business driving but, if you drive a corporate vehicle insured under your company’s auto insurance policy, you may also need personal auto insurance. There are several reasons why. If you have other family members that may potentially drive the company vehicle, or even travel in the vehicle, they […]
Read More....Time to Review Your Workers Compensation Policy
It’s time to review your workers compensation policy. The work-from-home movement is one more good reason to really dive into a review of your workers compensation insurance policy. As written, it might not address crucial changes to your workforce, such as remote working, supplemental driving, or other duties not previously specified. Here are a few […]
Read More....The Importance of the Named Parties on Your Policy
Let’s look at the importance of the named parties on your insurance policy. Your business insurance applies to those named on the contract you sign. The first “named insured” is normally the party who is contracting with the insurance company and should be the party with the most significant interest in the insurance policy. You […]
Read More....Are Office Contents Covered When You Take Them Offsite?
What happens when you take your insured building’s contents offsite? Are your office contents covered if you are moving them around? Generally, a commercial property insurance policy is intended to insure a company’s building and its contents, usually within a specified distance from the premises described on the policy. Classified as “business personal property” on […]
Read More....Should You Include Executives in Workers Comp?
Should you include executives in workers comp coverages? Workers compensation laws differ from state to state, and one of the key differences is whether your company’s officers must be included in your workers compensation insurance. Your type of business entity (S-Corp, LLC, etc.) normally will govern their inclusion or exclusion. When considering if officers would […]
Read More....Data Privacy Laws Are Spreading
Thanks to the GDPR legislation in the E.U., data privacy laws are spreading like wildfire in the USA. Legislation codifying consumer-data protections and reporting has passed in three states and is under way in 20 others. All 50 states have some requirements for data-breach notification, but the new laws expand consumer rights regarding their data […]
Read More....