Embark on a journey through the intricate world of insurance with ‘Navigating Insurance,’ your ultimate guide to understanding and making the most of your insurance options. This category is designed to illuminate the path for individuals and businesses, demystifying everything from basic policy terms to advanced coverage strategies. Whether seeking to protect your family, secure your assets, or safeguard your business, ‘Navigating Insurance’ offers expert insights, tips, and advice to help you make informed decisions. Explore a wealth of articles catering to all levels of insurance knowledge, equipping you with the tools you need to navigate the insurance landscape confidently.
Considering purchasing EPLI (Employment Practices Liability Insurance)? Let’s review the history and pros and cons of the current EPLI landscape to determine if EPL insurance is right for your business. History of EPLI EPLI was originally developed in 1990, following…
Did you know that insurance fraud costs consumers $308.6 billion per year, according to the Coalition Against Fraud? Insurance providers are forced to raise their premiums, which trickles down to innocent consumers. According to the FBI, the average family also…
Whether you are a homeowner or a renter, getting the right kind of insurance for your situation should be a priority. Here are some of the important things to remember and misconceptions we find clients have about both of these…
Loss Run Reports: What are they and what do they mean for your business insurance? A loss run report is a document that summarizes the insurance losses of a policyholder. The insurance company compiles the report and usually sends it…
For the first time since 2011, the IRS has made a midyear adjustment to the optional mileage rate used to calculate the deductible costs of operating an automobile for business and other specific purposes. The agency said the change is…
Did you know that Musculoskeletal Disorders are the leading cause of injury in the workplace? They account for nearly 33% of all workplace injuries. That’s why preventing sprains and strains from happening in the first place is essential. In this…
Most insurance policyholders understand the importance of insurance protection at the time of a loss. Whether the loss is an auto accident, a structure fire, a theft, or even a lawsuit, people know that an in-force insurance policy may provide…
Can you list all my insurance policies on one Certificate of Liability ACORD 25 form? After posting my recent video titled “Learn How to Read an ACORD 25 (Certificate of Liability Insurance), many viewers reached out with great questions. Thank…
I think it’s safe to say that business owners, CFOs, accountants, controllers, or even bookkeepers cringe at a workers’ compensation final audit. Most business audits are painful; they take time and resources and sometimes create unexpected financial consequences, such as…
One of the most significant points of misinformation in commercial lines insurance relates to the business auto policy and coverage for tools and equipment. Did you know that, in most cases, the business automobile insurance policy DOES NOT pay for…
