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What is Subrogation?

By analytics, artificial intelligence, Business, Claims, Commercial, coverage, damages, Home, Household Inventory, Insurance, Liability, Personal, premiums, Prevention, products liability, Saving Money, Service, subrogate, subrogation, third-party

Subrogation is a common term in the insurance industry but not a common one outside of it. So what is subrogation? Subrogation is a legal right the insurance company holds to pursue a third-party responsible for the damages caused to…

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Utility Line Protection – A Hidden (or Buried) Treasure?

By Claims, corrosion, coverage, decay, deterioration, drainage system, endorsement, Home, homeowners insurance, homeowners policy, Insurance, perils, Personal, rust, sewer lines, underground piping, utility line, wear and tear

Our office had a couple of interesting conversations regarding digging up yards recently. In one instance, the husband of one of our account managers started to dig up someone’s yard to help them replace sewer lines. To his surprise, when…

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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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Medical Payments – The Forgotten Homeowner Insurance Coverage

By bodily injury, Central, Claims, comprehensive protection, coverage, coverage limits, exclusion, homeowners insurance, homeowners policy, Insurance, Liability, medical payments, Personal, personal liability coverage, protection, slip and fall, slip and fall accidents

There are a few homeowner insurance coverages that almost everybody has but very few think about. Personal liability is one of those coverages and even lower on the totem pole is medical payments coverage. However, that doesn’t mean it isn’t…

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De-cluttering and Taking Inventory

By coverage, coverage limits, declutter, donate, Home, home insurance, home inventory, homeowner policy, homeowners insurance, homeowners policy, Household Inventory, Insurance, insurance policy, Personal, policy limits, spring cleaning

With Groundhog Day coming up this Sunday, what do you think Punxsutawney Phil will see when he emerges from his burrow? I’m hoping it’s cloudy and he doesn’t see his shadow, so SPRING can arrive early this year! Spring is…

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