Posts by: Mary Thompson
Property insurance is one of the first types of insurance a business or property owner needs to have in place. Property insurance protects a businesses physical property against loss or loss of its income-producing abilities. The basic commercial property insurance policy protects a businesses investment in the building itself. Continue reading
A “safe driver” is every insurance companies dream client. They, much like the good driver, are easy to insure. The safe driver doesn’t typically get in car accidents, harm other drivers on the road, or receive moving violations. Continue reading
Most insurance companies like to reward good drivers. Let’s face it, being a good driver to an insurance company is like hitting the lottery; no at fault claims, just a nice monthly payment for them to bank… After all, car insurance is really just an insurance company taking a gamble on individuals driving skills. The carrier just hopes they don’t have to pay out big. Much like a Las Vegas casino tries to predict the over under in a football game… Continue reading
Insurance underwriting applies to almost every type of insurance. Underwriting is the process of classification, rating and selection of risks. The underwriter evaluates applications to determine the risk involved in deciding to accept, or reject, the application. If an application is accepted they then determine the appropriate premium. Continue reading
A cancellation is the termination of a policy at a date other than its expiration date. Clients often call our office wondering why they are receiving a cancellation notice from the insurance company. Continue reading
Effective risk management always starts with insurance. Companies need to regularly review their existing insurance coverage. There are two key components to auditing your coverage; reviewing past claims and determining potential future exposures. Continue reading
Everyday a company somewhere is experiencing the hiring process. Ads are being placed, interviews are happening, and training is being conducted. Hiring is just the beginning, employee retention should be every businesses priority. Maintaining key employees saves businesses money, keeps customers happy and helps businesses run more efficiently. Continue reading
Halloween and the upcoming holidays bring many visitors to homes across the United States. Many people may not be aware of risks around the home that lead to homeowner’s insurance claims. Some may be surprising. As a homeowner it is best to have knowledge and be prepared of these risks. These are some common homeowner’s insurance claims that spike during the holidays.
Continue reading
