Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
Typically, solar panels represent a sizable financial investment. As an insurance agent, you naturally want to provide your clients with all the information they need to protect that investment properly. Whether homeowners enlist qualified installers or install their...
After determining that everyone is safe and getting the claims process started, there are some claims submissions that can give an agent a belly laugh once he or she gets off the phone. Here are some comical examples of winter-season claims: No. 1: A very hungry pup....
We hope that everyone has a safe and warm holiday season without any mishaps—but sometimes, things go awry. And, just what are the most common claims this time of year? For the answer, read on: No. 1: Fires. At this time of year, people tend to use more candles, light...
COVID-19 and the legalization of adult-use cannabis in New York state has affected underwriting greatly. To complicate matters further, some municipalities are considering opting-out of the cannabis adult-use law. These changes are causing insurance underwriters and...
Holiday parties are a great way to boost morale and show appreciation to employees. Nevertheless, there are a few general considerations that employers should be aware of, notwithstanding the current pandemic environment, when considering how to throw their office...
Over the years, I have found that our preferred carriers don’t always offer the coverage we need for our insureds. As a result, we shop for coverage in the excess market for general liability, professional liability, and cyber liability coverages to name a few. While...
I’m a coastal agent who insures a lot of secondary homes. At my agency, I have been watching water-damage claims closely for years. When our area gets a deep freeze, we do have a fair number of large claims due to water damage. However, weather is only a part of...
Now before I lose you before we start, hear me out. If pirates attacked your home and loved ones or your office and employees tomorrow, would you have the right insurance coverage to cover the loss? Pirates often steal, break things, harm or kill people, or they could...
Do you have clients who are asking you questions about the benefits and policy differences of long-term care insurance? Are you looking for a handy resource that can help you explain the different plans that are available to them? Look no further. The purpose of...