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commercial insurance

The Benefits of Telematics for Company Vehicles

By accident investigation, Auto, Business, car camera, Claims, Commercial, commercial insurance, company drivers, company vehicles, fleet claims, fleet management, fleet performance, fleet safety program, fleet tracking, Insurance, Liability, Loss Control, Risk Management, Technology, telematics

When I’m completing a risk management review for one of our commercial partners, the most common area of losses we discuss are fleet claims. Whether your company has one vehicle or 100, having drivers out on the roadway poses a…

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Excess Policy or Umbrella Policy? What’s the difference and which is better?

By Accident, Auto, Business, business owner, Commercial, commercial auto policy, commercial insurance, commercial umbrella policy, commercial underwriting, excess policy, Insurance, Liability, self-insured retention

One of the questions a commercial lines underwriter hears most is, “Is your umbrella follow-form?” Basically, will it only increase the limits of my current coverage (follow-form), or will it also offer some additional coverage (umbrella)? …

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The Benefits of Your Loss Control Consultant

By Business, Central, Commercial, commercial insurance, commercial policy, fleet safety program, Insurance, Loss Control, loss control consultant, loss control inspection, loss control representative, loss control services, loss control survey, potential risks, relationships, Risk Management, safety, safety program, Service, workplace safety

Loss Control for insurance is defined as risk management procedures designed to reduce the chances of claims against insurance policies. It mainly involves recognizing potential risks within the workplace and is attended to by voluntary or required act…

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Insuring Your Office

By building, building contents, building coverage, Business, business income coverage, Central, Commercial, commercial building, Commercial general liability, commercial insurance, commercial policies, commercial property, exposure, exposures, general liability, Insurance, Liability, office, office building, offices, property, Risk Management

Commercial insurance is not one-size-fits-all, but there are features that even very different businesses have in common. Offices are an exposure that nearly every business has, from accounting firms to web engineers, and from one-person offices to a t…

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May the Coverage Be With You!

By Builders Risk, Business, catastrophic event, cause of loss, cloud storage, Commercial, commercial building, commercial insurance, construction, coverage, Cyber, cyber security, data, deductible, employee, Employees, exposure, exposures, inland marine, Insurance, Liability, liability insurance, risk, risk assessment, Risk Management, safety, Technology, underwriter, workers' compensation, workplace, workplace safety

One of the toughest parts of commercial insurance is identifying all of the exposures a business might have. I met with a new client yesterday, Darth Vader, who is the Operations Manager for a business called The Empire. It sounds…

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Equipment Breakdown Coverage Explained

By Business, Central, Commercial, commercial building, commercial insurance, commercial property, coverage, electrical circuits, electrical hazards, equipment, equipment breakdown, equipment breakdown coverage, Insurance, insurance carrier, Loss Control, loss prevention, mechanical breakdown, preventive measures, property coverage, property policy

Boiler & Machinery is an antiquated term once used to describe a separate policy that offered coverage for causes of loss such as mechanical breakdown, electrical surges, explosion of steam boilers, steam pipes, etc. This separate policy was needed…

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