Agents and brokers have different needs when it comes to professional liability insurance. While both perform many of the same functions for the real estate industry, the higher level of responsibility extended to the brokers who oversee individual agents also invokes a set of risks that agents don’t have. As a result, if your agents […]
Author Archives: Bing
What to Know About Employment Liability Insurance
Every time that you interview a prospective employee, your company is at risk of an employment claim. If you choose not to hire an interviewee, he or she may allege that it was due to discrimination. If you hire the interviewee and then later fire him or her due to chronic lateness, he or she […]
Ship Repair Liability Insurance Basics
Companies that provide maintenance and repair services to vessels owned by others have a unique range of risks, but there’s still some key points of difference that require an experienced eye for coverage nuances to pick out. That’s why it’s a good idea for businesses that perform repair operations to work with insurers who have […]
What Is Construction Liability Insurance
All business owners need basic insurance to protect their employees and themselves from financial loss associated with personal injury and property damage. However, those in construction also should consider the many other risks associated with this industry. Here is a description of construction liability insurance and why you need it. Definition of Construction Liability Insurance […]
Taking Responsibility for Marine Pollution
When you own marine vessels, shipyard businesses, marinas, cargo and other maritime assets, it’s incumbent upon you to make sure that you have the right insurance products to protect you from claims or losses. You might think you’re fully covered with products that address property damage and work operations, but what about marine pollution from […]
What Are the Responsibilities of a Condo Board
A condo board is the elected representatives of a homeowners association and generally includes a President, Vice President, Secretary, and Treasurer. Their job is to carry out the business of the HOA, which boils down to three main responsibilities. 1. Manage and Maintain Managing multifamily housing is a big job. The board must hire contractors […]
4 Innovative Ways To Market Your Insurance Agency
The insurance market has become increasingly competitive over the years. With so many agents vying for the same pool of customers, you’ll need to have an edge over the competition. While some tried and true methods are always useful, here are four innovative ways to market your insurance agency. Brand Recognition It used to be […]
What You Might Not Have Known About Certificate of Financial Responsibility Applications
If you own a marina, run a cargo boat business or operate some other type of marine vessel in US waters, you probably already know that you need to apply for and secure a Certificate of Financial Responsibility, also called COFR or eCOFR in some cases. This certificate essentially guarantees that in the event of […]
4 Historical Careers That Still Exist Today
You probably know the modern world is full of careers that didn’t exist even just a few decades ago. However, you may be shocked to learn there are some occupations that are almost as old as civilization itself that still exist today. Farmer Cultivating the land to grow food was pretty much the impetus for […]
What To Look for in an Insurance Agency
The right insurance coverage can protect you from unexpected expenses whether you’re a homeowner or a business owner. While finding a great policy is fairly simple, finding an insurance agency you can trust for years to come isn’t as easy as you might think. Here’s what you need to know: Look for These Qualities Great […]