When someone gets injured on HOA property, there is always the question of liability. If the HOA community has acted negligently or has failed to exercise reasonable care, the community is at risk for an adverse claim judgment. However, if the injured person has acted improperly or ignored warning signs, the potential for liability is…
5 of the Most Common Property Insurance Claims
Your home is a very valuable asset. You want to protect it. Make sure you are covered against these common types of property insurance claims. Weather Weather can be unpredictable, and home damage from extreme weather occurrences is difficult to prevent. Wind and hail account for the largest number of property insurance claims. Fire Fire is…
A Short Guide To Monoline Property Insurance
If you own property that you would like to insure, your best bet is generally to purchase a package insurance policy that can address all the risks you need to be covered. Package policies are generally more simple and affordable than purchasing many individual policies for each insurance need. However, sometimes package policies have gaps…
Holding Your Liquor and Your Liquor Serving Business
Many people enjoy leaving the home to go to a restaurant, bar, lounge or club that serves alcohol. Businesses that serve beer, wine, and liquor are exposed to risks involving alcohol-related accidents, injuries, and even death. Some jurisdictions have clearly defined regulations involving these businesses and with respect to limits on how much liquor a…
A Short Guide To Commercial Truck Insurance
If you own a trucking business, own a business that uses trucks, or are an independent truck driver, you need to ensure that your trucks are protected in case something unexpectedly goes wrong. There are many potential risks you have to be aware of and defend against. Commercial truck insurance can help you with this….
How Data Drives the Modern Insurance Industry
The rise of digital marketing has transformed the world of business in some significant ways. This goes for any industry, including insurance. If you run an agency and are looking for new and innovative ways to promote your services to clients, then you absolutely should look at how data can make your life easier. Take…
The Secrets of Responsible Boat Ownership
Owning a boat can be a great luxury in life. Whenever you want to chase a sense of freedom, you simply need to hop on your boat and take off on the open waters. Naturally, owning a boat also comes with a lot of responsibility. In order for you to best protect your vessel and…
Tax Deduction Information for Restaurant Owners
From hiring staff members to lending a hand in the kitchen, restaurant owners must handle a variety of tasks. They also spend money on everything from food to equipment repairs. Fortunately, there are many tax deductions for restaurant owners that decrease the financial burden. Types of Deductions Most businesses qualify for certain tax deductions, such…
Why Insurance Clients Should Consider Getting Fiduciary Liability Coverage
Any company that provides employee benefit plans is likely to have fiduciary duty and associated responsibilities, which makes getting fiduciary liability coverage as part of their total insurance coverage a necessity. Fiduciary duty means a business or other entity is responsible for taking actions that are financially beneficial to another party, and this responsibility entails…
Protecting Farmers From Crop Liabilities
While the U.S. may not be the agrarian society it was 200 years ago, there are still plenty of agricultural business opportunities across the country. People who get into the industry often love farming, and their passion outweighs the risks that accompany their line of work. Few businesses have similar challenges that could lead to…