Insurance language can sound confusing, but it doesn’t have to be. At its heart, it’s just about making sure you can replace the things you need for your business, whether they’re stuck in the office or always on the go.…
Why Coinsurance matters: 1. It Determines the Minimum Required Coverage The coinsurance clause specifies a percentage, 80%, 90%, or 100% of your property’s total replacement value that you must insure. 2. It Prevents Underinsurance and Ensures Fair Premiums Most property…
Are You Covered if Something Goes Wrong? It’s becoming more common for employees to ask if they can bring a comfort or emotional support animal to work. While many employers want to be accommodating, this kind of request raises an…
In today’s digital landscape, cybercriminals are continuously evolving their tactics to exploit unsuspecting individuals and businesses. One such deceptive method is reverse social engineering—a sophisticated approach where the attacker manipulates the victim into initiating contact and willingly providing access or…
We value the trust our clients place in us and we extend that trust to our security practices of their data and information. We perform an annual security audit of our information security practices and there is always one issue…
What Is Management Liability Insurance? Management liability insurance is a set of coverages designed to protect your company and the people leading it from a variety of business risks. No matter how big or small your company is, your company…
Occurrence Coverage Form Occurrence policies protect you from any covered incident the “occurs” during the policy period, regardless of when the claim is reported or filed. An occurrence policy will respond to claims that come in – even after the…
Do I need an ERISA fidelity bond? The Employee Retirement Income Security Act (ERISA) requires privately held companies who sponsor a retirement plan such as a 401k, SEP IRA, or SIMPLE IRA to purchase a fidelity bond. Some notable exceptions…
The short and quick answer, No. Let’s review what information is contained in a Motor Vehicle Report (MVR), what other options are available, and when and who it should be ordered. What is a Motor Vehicle Report (MVR)? A Motor…
Who can drive under a Commercial or Business Auto Insurance policy? Ask an insurance company, agent, broker, account manager, or insurance underwriter and you may receive different answers from each one as to what is an acceptable driver. The short…