Posts by: Mary Thompson
A big part of the construction industry is insurance. Why? Well, it is simple – construction is a risky business. All construction projects have a defined set of risks; bad weather, non-payment, safety concerns, construction defect, property damage, the list goes on and on. As a contractor and a consumer it is important to be sure all parties working on your home, or jobsite, have proper insurance coverage in all areas of risk. Continue reading
Many Small business and individuals are noticing a common occurrence for health insurance premiums for 2016. An overall increase in premium is expected. It has been speculated that rate increases were coming down across the board since the passing of the Affordable Care Act. In 2016 the speculation is proving to be a reality for many Continue reading
Flood insurance is available for commercial, home, and property coverage. Flood insurance can cover two types of property and it is important to purchase both when getting flood insurance. The first is Building Coverage which will pay to repair or replace the insured building and its foundation. The second is Contents Coverage which will cover the possessions in the building. It is important to remember that the land the building is on will not be covered. Continue reading
A home is the largest investment most Americans will make in their lifetime. During the loan process a home is often inspected and appraised. These services are used to help protect homeowners from purchasing a home with an existing issue, as well as to place value on a home to determine what the home is worth and the amount of loans that can be taken out on the property. Continue reading
Having one person handle all aspects of accounting puts a business in a VERY vulnerable position. There is no one there really checking that everything is accurate and watching the money so to speak. This leaves a lot of room for employee dishonesty. There are some basic controls that can be put in place to help eliminate such losses. The easiest may be an annual outside audit, to help lower the risk of fraud. Small business owners often feel close to their employees and put a lot of trust in them leaving little room for acknowledging dishonesty. Continue reading
Many Americans will take to the road this summer to explore nature’s beauty. Traveling by Recreational Vehicles (RV) has been a very popular activity that dates back to the early 1800’s. Owning a RV or motor home is like having a home away on wheels, travel possibilities become endless. Before you take to the road make sure your insurance policy is up to date and accurate. Ensure coverage in the event of an incident involving your RV and other land vehicles like ATV’s, Dirt Bikes Etc Continue reading
Adding a teenager to a family’s auto insurance policy is a sure way to raise the premiums, but it’s usually less expensive than buying a separate policy, according to new research. Continue reading
There are two different insurance policies that will cover employee theft; a commercial package policy with a crime endorsement or a separate crime policy. Many business owners think that their commercial property coverage will protect them against employee dishonesty; however, typically property policies do not cover cash or funds and exclude accounts. Continue reading
