Industry Insights

A hailstorm can impact a property at the worst you would ever imagine. It does not just batter roofs due to its downpour. It can also smash windows, and shred the siding of your property. How you wish that it will be easy to claim hail damage compensation later, whether from your homeowners’, BOP, or […]

According to research, fire damage is one of the most common and expensive small business insurance claims. According to the studies, four out of every ten small firms will submit a claim on their commercial fire insurance coverage during the next ten years. Fire damage is typically covered by commercial property insurance. If your company […]

When you own your company, you have to deal with insurance. There are many types of insurance when it comes to business owners and the protection of their assets. If you’re currently dealing with the weighing of various insurance policies, the analysis of which policies you’ll need over others, and the comparison of one insurance […]

Depending on the type of claim and the coverage, filing an insurance claim can be a difficult procedure. This is true for many commercial and company owners who have dealt with insurance claims this year. With the various complexities that come with filing a commercial insurance claim, it’s critical to consider an appraisal. When implemented […]

This year is shaping up to be a highly busy hurricane season, as forecast. Unfortunately, hurricanes, severe storms, and strong winds can cause significant storm damage. Has your business lately sustained property damage as a result of heavy rain, storm damage, wind, and debris flying around? Do you know what you should look for? If […]

When a fire destroys a structure you own, there is a high risk of financial loss. With so much money at stake, you can’t afford to sit around and wait for the insurance company to examine your claim and afterward possibly undervalue or deny it. Fortunately, when you follow all of the proper procedures and […]

A natural hazard that can impact your property — regardless of whether it is a public building or a high-rise structure — the flood is considered a calamity you can expect every year. It is how nature reacts to how we have taken care of it (or neglected it). Much more than this information are […]

Referring to either a coverage provided by a number of insurance companies, or a property coverage provision referred to as a clause, the term “coinsurance” can be used. That’s pretty vague. It only partially answers the question of what coinsurance actually is. Two different things can be meant by “coinsurance”: Insurance provided by one insurance […]

Flood insurance is the most effective strategy to safeguard a property from the devastation caused by a flood. According to the Insurance Information Institute, flooding caused more than $10 billion in uninsured losses each year. When commercial premises are flooded, business owners stand to lose a lot. Simply because a business is not in a […]

Isn’t it true that the majority of thunderstorms aren’t so bad? Wrong. Every thunderstorm, big or small, bears some risk. Thunderstorms wreak property damage, cost Americans billions of dollars each year, and even claim lives throughout the country, from lightning strikes to severe winds and tornadoes. Every year, over 16 million thunderstorms occur, with roughly […]

If you are a business owner, one of the most important steps you can take is to research, then purchase, the right kinds of insurance. Just like renters/homeowners insurance, auto insurance, etc., business insurance is one of those things you’d rather not deal with but, guaranteed… the worst can and will happen if you don’t! […]