Even though your insurance premium payments appear on your books as an expense, you are in fact purchasing a valuable asset. The law firm of Anderson Kill recommends in a blog that companies treat their policies as assets that must be actively managed if their full value is to be realized when they are needed. […]
Protecting Your College Student’s Property
While you already have enough to worry about when your child leaves for college, you don’t want the specter of them dealing with the theft or damage of their possessions while there. For about $150 a year, you can protect your child’s possessions against theft or damage caused by fire, lightning, smoke, vandalism, electrical surges, […]
Repair Costs, Disasters Hit Homeowner’s Insurance Premiums
Increasingly frequent and extreme weather events, along with rising home repair costs, are combining to drive homeowner’s insurance premiums higher. According to the Insurance Information Institute, 2020 saw the number of wildfires nationwide jump to 58,950 from 50,477 in the year prior, resulting in over 10.1 million acres burned, more than double the 2019 number. […]
Why Every Business Needs Non-Owned Auto Coverage
Even businesses that own fleets of autos sometimes use vehicles that do not belong to them. Often, a business asks an employee to run an errand or visit a customer or vendor using that employee’s car. The organization may become legally liable for anything an employee acting on its behalf does while behind the wheel. […]
Losing Everything Due to Inadequate Auto Liability Coverage
All states set minimum coverage levels for drivers, but if you are involved in a serious accident, minimal coverage may not get you off the hook for the full extent of damages. Your state’s goal is to make the required insurance affordable, but in many cases the established minimum coverage is not adequate to cover the […]
Do You Have Enough Insurance to Keep Up with Rising Home Repair Costs
The cost of buying and installing home building supplies is going through the roof, and it may leave you without enough insurance to rebuild should disaster strike. Lumber and other construction material prices have skyrocketed, and so has the cost of labor as the building industry struggles with a manpower shortfall. These issues are adding […]
Play It Safe with a Vehicle Fleet Safety Program
A work-related vehicle accident will cost an employer an average of at least $16,500, according to OSHA. If injuries are involved, that figure can quadruple. If there’s a fatality, you could be looking at costs exceeding half a million dollars. Not to mention the suffering and broken lives that kind of event leaves in its wake. […]
High Heat Increases Risk of Injuries for Inside and Outdoor Workers
As many parts of the country are wrestling with ever-increasing temperatures during the summer months, a new study has found that the hotter the weather gets, the higher the risk of workplace accidents and injuries for both indoor and outside workers. The study by the University of California, Los Angeles, based on claims data from […]
Ensure Safe Driving on Rain-Soaked Roads
Your truck driver can control many things. They can control their steering and where they stop for the night. But, one thing that is out of their hands is the weather. Rain, sleet, hail and wind will all present themselves on different days to make their job more hazardous. The most common bad weather condition […]
How to Have a Safe 4th of July Celebration
Fourth of July is one of America’s favorite holidays and it’s a time to enjoy Independence Day with your family and friends. Unfortunately, every year more than 11,000 people are sent to the emergency room for fireworks-related injuries and in a typical year about eight to 10 people are killed by fireworks. On top of […]