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commercial insurance

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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The New Year is a Good Time for Your Commercial Policy Check-Up

By annual insurance review, Business, Business Insurance, business owner, Commercial, commercial insurance, commercial property, exposure, exposure changes, Financial, independent agent, Independent Agents, independent insurance agent, Insurance, New Year, new year's resolution, protection, renewal, small business

As a small business owner, you have a lot on your plate. Obviously, making a profit and keeping your business growing are of paramount concern.  In addition, there’s making payroll, staying competitive, staying on top of new healthcare and tax laws,……

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