Does your commercial policy cover the interruption of business income during a loss? With the history of South Florida and hurricanes, you may want to consider adding this very important but often misunderstood policy to your business insurance package. Business interruption insurance should be considered as vital as fire, theft, and Workmen’s Compensation. Business interruption […]
Abuse of the Law: How Corrupt Contractors Can Scam You With an Assignment of Benefits
It’s a natural instinct: have as little to do with paperwork as possible. This goes double for emergency situations, such as water damage, when you require work to be done fast and without hassle. Apart from honest craftsmen, there are contractors who are more interested in making a quick buck at your expense than helping […]
Insurance Scoring Explained
You may have heard the terms “insurance score” and “insurance credit score” but not really have understood them. Despite the presence of the word “credit,” this has nothing to do with your credit score, but is instead based on the presence or absence of select items on your credit report. These items help an insurance […]
How You and Your Home Can Survive Extreme-Weather
In the words of the Extreme Weather Survival Guide, when it comes to weather events, abnormal is now the new normal. For natural disasters the likes of tornadoes, floods, wildfires, hurricanes and droughts, the trend seems to point to two things: greater intensity and frequency. According to Thomas Kostigen, author of Extreme Weather Survival Guide, […]
Florida Worker’s Compensation Rates Drop: What Does It Mean for You?
In August of 2014, the National Council on Compensation Insurance (NCCI) commended a 2.5 percent decrease in worker’s compensation rates. Two months later, cutting close to a further one percent increase was seen as not only feasible, but justified. Claims Journal reported that this could save insurers more than $25 million per year in hospital […]
Protecting Gifts Under Wraps
This holiday season, you may have some pretty big gifts lined up for you loved ones—or you may be expecting to receive one or two yourself. Whether you have a 16-year-old banking on their first car, a retired parent promised an RV to let them travel the country, or you’re looking forward to a new […]
Understanding How Working with a Single Agent Can Save You Money
There’s no easy way to sugar coat the situation: Sometimes staying covered with the right kind of insurance means forking over a hefty amount of money. However, are you paying extra on your premiums and payments for no other reason than you haven’t explored all your options? If this is the case, you’re missing out […]
Uncovering the Differences Between Stock and Mutual Insurance Companies
When it comes to insurance coverage, two big types of organizations dominate the industry – stock and mutual firms. However, if you’re not a market insider already, chances are a little insight is required in order to understand the comparison between these two types of companies. To help bring you up to speed, here’s everything […]
Learning More About What Causes Your Auto Insurance Rates to Increase
Auto insurance is rarely a fun topic to bring up at the dinner table or with friends. However, unlike the latest blockbuster movie or your favorite book, this discussion often carries a significant amount of real-life implications – especially when the subject of rate increases enters the picture. To keep you informed and aware about […]
Understanding the Benefits of Working with an Independent Insurance Agent
Today’s marketplace is full of global movers and shakers. While there’s nothing wrong with this type of organization, sometimes it’s better to scale things down a bit and bring back the personal approach to doing business. This is especially true when it comes to navigating the tricky waters surrounding your various insurance policies. To help […]