A Special 2020 “At Home” for the Holidays
Learn how your family can enjoy staying at home through the remaining 2020 holiday season. Read a special 2020 holiday poem about staying home during extraordinary COVID-19 times. ‘Twas three weeks before New Year’s, when all through the house Computers were clicking by touch of a mouse. The family was busy doing its best, In…
Read MoreThe Real Cost of a Claim…We Don’t Make This Stuff Up
A claim may arise out of fire caused by spontaneous combustion, or a wind gust knocks over a solid brick wall (that has occurred), or a commercial box truck used for delivery hits a van from the rear. All three of these are potential examples of valid claims an insurance company will pay on behalf…
Read MoreWorking on Wheels: Mobile Business
Loretta owns her own business, but unlike a typical brick and mortar store, she operates on wheels, delivering goods and services to the consumer directly. One afternoon Loretta is on the way to her next customer when suddenly she is rear ended by the driver behind her. Thankfully the damage is not overwhelmingly terrible and…
Read MoreWhat lies ahead for the Owners of Habitational Properties?
2021 is around the corner and insurance companies are finalizing their underwriting plans for next year. What will this mean for owners of apartment buildings and rental units in Northeast Ohio? (read more) Be prepared for insurers to ramp up their inspections to ensure they are charging the proper rate for the exposure. Proper valuation…
Read MoreWinter Weather Safety Tips for Construction Workers
Everyone knows that winters in Northeast Ohio can be brutal, but contractors must continue to work. The least of which is the viability of the business; bills, payments on equipment, and other expenses do not stop when the warm weather ends. More importantly, the safety of your employees becomes even more important during the harsh…
Read MoreIt’s a Win-Win When Churches and Insurance Risk Management Unite
Discover why early detection warning systems are a win-win for churches and insurance companies. Read about accidental water loss frequency on church properties and risk mitigation. Churches and insurance risk management unite. Increasingly, church insurance is one sector of the commercial insurance market in which some insurance companies are preemptively requiring insureds that have a…
Read MoreContractor’s Pollution Liability (CPL): What it is and Why it is Necessary
Contractors – do you need Pollution Liability coverage? Have you discussed the pollution exclusion in your General Liability policy with your agent? Contractor’s pollution liability (CPL) provides third-party coverage for bodily injury, property damage, clean up expense, and defense expense as a result of your creation of a condition that is considered pollution. This condition…
Read MoreWill Your Farm Equipment Survive an Ohio Winter?
Halloween is in the past now and the season’s officially upon us. You’re probably already busy planning for the holidays, and figuring out which loved ones you’ll be spending time with this year…that is unless you haven’t yet properly prepared your farm equipment for the Ohio weather that Old Man Winter will throw at us…
Read MoreThe Basics of Insurable Interest
Gino is buying a 14-unit apartment building that is structurally solid, but needs both maintenance and repair work. Three days ago Gino and Toby entered into a purchase contract in the amount of $300,000. Along with signing the purchase contract, Gino also put a $20,000 deposit down on the apartment building. Toby, the current owner…
Read MoreDon’t Get ‘Snowed’ This Winter
Winter in Northeast Ohio is right around the corner and many snow removal contractors are signing contracts for the 2020-2021 season. While revenue is of great concern during these unprecedented times, don’t forget to create a loss control program to reduce your insurance losses. Before the first snowfall take a digital picture of each client’s…
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