What are Additional Insureds?

What are Additional Insureds?

You've cut all of the 'red-tape', got you vendors lined up, set up your operations and processes, and now you've found the perfect location to set up your store. Everything seems to be falling into place, until you see that the rental agreement requires the landlord to be named as an Additional Insured. What does that mean? What does that cost? What can happen with another entity being additionally insured?

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The Problem with Minimum Auto Liability Limits

The Problem with Minimum Auto Liability Limits

When buying auto insurance, you may have noticed that your agent wouldn't allow you to buy liability limits lower than a certain level. This is because every state has a minimum amount of liability every driver must be insured for to be able to legally drive. While having a requirement for the minimum amount of liability coverage is a good thing, can any problems arise out of only having the minimum amount of coverage? What happens if someone doesn't have enough coverage? How can someone get enough coverage?

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Type of Construction & How It Affects Your Premium

Type of Construction & How It Affects Your Premium

Calculating premium for Real Property has many different factors. One of the largest factors involved is the type of construction of the building. Use this article to find out how to determine what type of construction your building is, and what the construction type might mean for your rates.

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Preparing for Winter: A Homeowner's Guide

Preparing for Winter: A Homeowner's Guide

The leaves are starting to fall, the days are getting shorter, and Husker Football is in full swing. Just around the corner is winter, and with it brings many possible headaches for homeowners. This article will give a list of items to do to prepare the exterior of your home for the winter.

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Introduction to the Directors & Officers Policy

Introduction to the Directors & Officers Policy

The Directors & Officers (D&O) policy has many similarities with other forms of liability insurance. However, the D&O policy is specifically used to protect the upper management (CEOs, CFOs, etc.) and board members from lawsuits claiming that they've made poor decisions that have negatively affected the company/organization.

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Causes of Loss—Modifying Your Protection

Causes of Loss—Modifying Your Protection

Every insurance policy has perils that are covered and excluded. In Property insurance policies (E.g. your home, commercial building, etc.), the policy follows the ‘Cause of Loss Forms’. The Forms are Basic, Broad, and Special. Each Form insures your property against different perils, with Special being the most thorough coverage.

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Understanding Your Homeowner's & Renter's Policy

Understanding Your Homeowner's & Renter's Policy

Many people don’t fully understand how their Homeowner’s or Renter’s policy works. This article will give a brief overview of the coverage included in both policies, and will provide links to articles that further explain the coverages and terms.

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Property & Casualty Insurance Lingo

The Property and Casualty (P&C) insurance industry is a vast segment of the insurance industry, and there are numerous terms used in it. This article is a list that explains common terminology used in personal and commercial lines of Property and Casualty insurance.

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What to Do if Your Engine Overheats

What to Do if Your Engine Overheats

With the dog days of summer upon us, you can bet that the number of cars parked along the side of the road with their hoods up will increase. It’s Murphy’s law that on the hottest day of the year, your engine's temp will start creeping up into the red. So after you grumble a bit and let out a sigh, do you know what to do? 

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Excess Liability Policies

Excess Liability Policies

The Excess Liability policy has many similarities to the Umbrella policy. However, the differences are in breadth of coverage, pricing, and policy provisions. Excess Liability policies can be written for both personal and commercial risks, but this article focuses more on the commercial application.

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Introduction to Employment Practices Liability Insurance (EPLI)

Introduction to Employment Practices Liability Insurance (EPLI)

Employment Practices Liability Insurance, often shortened to EPLI ("ep-lee"), covers lawsuits made against a business for employment-related wrongful acts. EPLI policy language is highly variable, but all function in the same manner. EPLI policies can be written for almost any business, as long as it has at least one employee.

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How to Find Insurance for Your New Business

How to Find Insurance for Your New Business

Entrepreneurship is at the heart of the American Dream, and has led to many worldwide companies—McDonald’s, Coca-Cola, and Apple, just to name a few! The freedom and empowerment of owning your own business can be very fulfilling, but it takes a lot of work to get your new venture up and running. You’ll be facing plenty of ‘red tape’, along with making a business plan, finding a location, finding funding, and much more. While you're trying to figure those things out, you'll also need to line up your insurance before you can open your doors for business. This article will give you an overview of insurance for start-ups and new ventures.

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