Industry Insights

As the novel coronavirus (COVID-19) outbreak just keeps on spreading, organizations are preparing for potential effects on their operations. This covers the chance for interruption of business (as a result of the virus) on their premises, worker absenteeism, and disruptions involving supply chains. What about your business? Is this a concern? If so, will your […]

A leaking roof leads to water damage to your inventory, equipment, ceilings and walls, and possibly even the structure of your commercial building. When your business deals with stocked inventory or on-site equipment, a leaking roof can be devastating. Here are a number of ways (and reasons) to stop the risks of roof leaks. A […]

If you are the owner of a commercial building, it is your responsibility to protect the business from lightning, wind damage, tornadoes, sleet, hail, etc. whenever possible. Lightning strikes, in particular, can be the undoing of any commercial building and the business contained within. Fortunately, there are several steps you can take to prepare yourself, […]

It is advisable to check your commercial roof regularly for any signs of damage. This is particularly applicable to flat roofs. Discovering commercial roof damage issues early can mean the possible prevention of a major repair bill. The following are several warning signs that could mean you need to contact an experienced commercial roofing contractor […]

Deductibles on business interruption, fire damage, exterior building damage, etc. – following a cataclysmic event – are paid by you, the insured. This is a preset amount agreed upon when you took out your policies. The rest of your losses will, hopefully, be covered by your insurance. When you need someone to turn to for […]

Most commercial property insurance policies cover damages inflicted by a direct lightning strike, such as equipment damage or a fire. However, insurance policies may not insure damages caused by nearby lightning, non-lighting strike-related events, or some types of water damage without the right types of coverage. Here is a better way to understand commercial claims […]

Insurance coverage is accessible for most any conceivable risk your business may confront. The cost and level of coverage provided by specific policies differ. As a retailer, consider your special business risks. Which types of insurance for retail will fit best with your business? General Liability Insurance (GLI) General liability insurance may preserve your business […]

Weather can be erratic, but that doesn’t mean your business cannot be prepared for what nature sends your way. Below are some tips for preparing how thunderstorms can affect business. Have A Plan in Place Your business should have a disaster preparedness plan in place. This plan will assist with budgeting for emergency costs, preserving […]

As the owner of a commercial building, one of the most important investments you can make is that of commercial insurance. In the case of building damage, it can be the difference between you staying afloat or going under, particularly if the building houses your company. Severe financial loss can be avoided with the right […]

The first line of defense against harsh weather for your commercial building is its roof. Damaging weather can severely compromise that protection. If your roof suffers storm damage, what needs to happen next? Though panicking may be your first inclination, try to remain as calm as possible. A clear head will serve you far better […]

If you have experienced a loss due to property damage, it’s only natural that you want to get the best settlement offer from your insurance company. However, many people don’t realize that they aren’t entitled to the full value of their claim—the insurance adjuster has a lot of leeway when determining the amount they are […]