Trees are a beautiful addition to any home and can add value to your property. However, trees can also be troublesome if they aren’t properly maintained. Besides being unsightly, dead or decaying trees pose a safety hazard that can leave you liable for damages caused. It’s important to understand what is covered by a homeowner’s insurance policy if a tree should fall on your property or a … [Read more...]
The Ins and Outs of Crime Insurance
Crime Insurance, it's another type of insurance not widely known to the public. Despite it's relatively unknown state, it's an important insurance to acquire when trying to mitigate risk. Fidelity & Crime insurance addresses the most common threats to organizations, including losses due to employee dishonesty, credit card forgery, computer fraud and theft, and the disappearance or … [Read more...]
One Day Commercial Event Insurance
One- Day Event Insurance is a commercial insurance product you may or may not realize is in place when you attend events. Concerts, fairs, and rodeos, to name a few, all have event insurance coverage. This type of insurance, which can be purchased as an addition to a regular insurance policy, provides you with protection against a variety of undesirable outcomes which might arise in the wake of a … [Read more...]
Do I Need Professional Liability?
All businesses should carry general liability and products liability. This coverage protects the business against bodily injury to a 3rd party for unintentional acts or damage to property of a 3rd party. It provides defense costs to the client as well as a settlement if the client is found to be negligence in causing the bodily injury or property damage. But sometimes the acts are intentional … [Read more...]
Business Income Insurance
Business income insurance, can be complicated, but it is incredibly important to protecting your business. What would you do if your daily business was suddenly interrupted? Do you think you can rely on your commercial insurance to help cover your loss? Unfortunately, you might not be as covered as you think. Business income, or business income insurance, is a semi-complicated endorsement but … [Read more...]
The Calm Before Spring Storms
It's time to reevaluate your insurance policy before Spring Storms You know that feeling you get in your stomach with the sirens sound in the spring? Yeah, we do too. As much as we love the warmer weather that comes with springtime, we are also blessed with the severe weather that comes with it. As the saying about Texas weather goes, “wait a minute and it will change”, nothing could be more … [Read more...]
Cyber Security Liability Insurance
Doesn’t that only affect National Firms? Many years ago, concerns about hackers and security breaches were only something that the local business only read about in the newspapers or heard about by other media. This was something that only affected large national companies. But now as virtually every business has entered the digital age with their own websites, on-line data storage and vital … [Read more...]
Is It Time To Winterize Your Insurance Program?
As we have been through one of the major winter storms for North Texas; a thought comes to mind, is there a way to winterize your insurance plan? We’ve always heard what we need to do at your home such as cover your plants and let your faucets drip; but is there something to do for your insurance on days like this? The answer is “yes”. Let me go over some of these ideas as to how they can … [Read more...]
How to insure a challenging property opportunity
Most people in the real estate investment business hope to find that “great deal” for the right price to add to their portfolio; but many times the property that has the right price, may have a few issues that can make it a bit more challenging to purchase. Those same issues may make the property challenging to insure. Here are a few key buzz words: Purchase “as is” Some renovations … [Read more...]
Business Owners New Years Insurance Resolutions
Have you made your New Years Resolutions and Goals? If you have, we hope they work for you and increase your business. But also do any of these goals result in insurance change needs? New Properties or locations; find out what the premium estimates are for these additions before you make the change. What will you charge for rent be during the coming year? This generally does not get … [Read more...]
