The Dangers of Certificates of Insurance

The Dangers of Certificates of Insurance

A standard practice is to request Certificates of Insurance from contractors. While this is a good start to risk management, did you know that the Certificate is only valid for the day it was issued? Did you know that the Certificate has no legal bearing on the insurance coverage?

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Why You Should Never Insure a Personal Auto on Your Business Auto Policy

Why You Should Never Insure a Personal Auto on Your Business Auto Policy

The Business Auto policy (BAP) is the standard policy used to insure vehicles that are used in a business/for business purposes. The BAP can insure the vehicles to cover almost any liability that could arise, along with Comprehensive, Collision, Medical Payments, and other coverages. The BAP is a very robust program, but all of the coverage could be compromised if personal automobiles are insured by the BAP.

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The Dangers of Ride Sharing

The Dangers of Ride Sharing

The recession was hard on everybody, but especially so for Generation Y. Millenials came up with a creative answer to the hardships though, and it came in the form of a sharing society. Now many people are sharing their physical assets for a fee. Most notable are companies like Uber who are lining up drivers with people who need rides. While it's a great idea in theory, find out why you should be very careful when using these services.

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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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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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The Secret of Cut-Rate Auto Insurers

The Secret of Cut-Rate Auto Insurers

“The bitterness of no coverage is remembered long after the sweetness of low price has been forgotten.” These wise words from insurance educator Jon Eubank , CPCU, ARM, perfectly exemplifies the problem with cut-rate insurers. Saving 15% in 15 minutes could cost you thousands (or more) from denied claims!

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In-Home Business Exposures

In-Home Business Exposures

Aided by technology, many people have started working from home. However, the Homeowner’s policy doesn’t cover business activities, so where can you get coverage? When can an endorsement be made to your Homeowner’s coverage to add the coverage? When can’t coverage be endorsed to your Homeowner’s policy?

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Keeping an Inventory

Keeping an Inventory

When insuring property, commercial or personal, it can be highly beneficial to create an inventory of all your items. There are many advantages to keeping a schedule of your items, and taking inventory can be aided by technology.

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