News
Oh Crap! – Sewer Backups Can Tank Your Business
Water and sewer backups insurance coverage is for damage caused when a drain, sewer, or sump pump fails or backs up into your property. It covers the costs associated with damages to your building and its contents. This coverage is not always automatically included in your policy. Some insurance policies have an exclusion for such […]
Read More....You Can Control Business Auto Costs
You can control business auto costs. If you have been stunned by the high cost of commercial auto insurance, you are probably ready to reduce and better control business auto costs and find the best terms available. Two key steps are minimizing distracted driving and collecting and assessing data. One of the biggest distractions while […]
Read More....Stored Off Premises – Covered or Not?
Once your policy renews, coverage for items stored off premises may no longer apply. Is an overflow of inventory causing a storage crisis on your property? Regardless of the cause, if your business has leased space in a storage unit, you should know how your business insurance will apply to a loss if business property […]
Read More....You Can Insure Against Terrorism Losses
Terrorism is a highly-defined action in the insurance world, and its application in insurance policies responds to a federal declaration of terrorism. Such a declaration hasn’t been issued in the United States since 9/11, even though many actions, such as the Boston Marathon bombing in 2013, are commonly referred to as acts of terrorism. Most […]
Read More....Storm Debris Might Not Be Covered
Let’s examine storm debris on commercial properties. If strong winds cause a tree to fall onto your building, cause structural damage, or leave debris scattered across your premises (some of which is preventing full access to your parking area), will your commercial property policy cover the costs of cleanup? Standard business property insurance includes coverage […]
Read More....Business Events Need Protection
Let’s look at Business Events. Are you covered for hosting an event at your business? Is your business planning to host an event for colleagues and/or employees this year? If so, make sure this nice idea isn’t spoiled by an expensive insurance claim. There are a few questions to consider. Will your event involve the […]
Read More....Data Breach Law – At Home and Beyond
Let’s look at how data breach insurance can help businesses. Do you know where your customers are? If they are in any of the 50 states, the District of Columbia, Guam, Puerto Rico or the Virgin Islands, they are in a jurisdiction that requires some private businesses to notify the government of a security data […]
Read More....Businesses Need to Plan for Winter Liabilities Now
Businesses need to plan for winter liabilities now. With winter just around the corner, it is important to review your company’s snow and ice removal procedures. Slips, trips and falls related to snow and ice on your property are a concern for customers as well as employees. In fact, there were 42,480 workplace injuries in […]
Read More....Protecting Against Abuse and Molestation in the Workplace
Abuse and molestation claims are some of the messiest insurance exposures out there. And where there is one claim, others often follow. Questions typically arise as to whether the person’s behavior was known to superiors, if reports were made and ignored, and if a minor is involved. If the abuse occurs in an educational or […]
Read More....Workers Comp for Telecommuters
Let’s look at Workers Comp for Telecommuters. Generally, workers compensation insurance applies to any employee who suffers an injury arising out of, or during, the scope of employment, though there are variations by state. In today’s work-from-home environment, however, more questions are arising about how workers compensation claims will be evaluated. Employers who have instituted […]
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