Secure Worker’s Compensation That Fits Your Business Needs

Comparing insurance plans can become very overwhelming when you are attempting to understand it all on your own. Especially when the car dealer insurance plans you are for worker’s compensation, it can be difficult to determine how much coverage is necessary to provide adequate protection for your company. Allowing a knowledgeable insurance service, you can expect to get the assistance you need to choose the best plan for your company.

It’s important to approach shopping for car dealer insurance with the understanding that not all plans are created equal. Just as your business is in some ways unique, so are the plans that different insurance providers will have to offer. Putting your trust in a service that can help you wade through the many plans that are available until you get to the ones that will actually meet the individual needs and budget of your company can help you save a lot of time and money. Even plans that have a higher price tag can help save money if they’re the plan that suits the needs of your business. Should a claim be filed for worker’s compensation in the future, you will able to rest easy knowing that you made a proactive investment to protect the interests of your company well in advance.

Taking car dealer insurance seriously can help you protect your business. Make sure that the worker’s compensation plan that you choose meets the needs of your company well to avoid inadequate coverage from hitting it hard when you least expect it.

What Homeowners’ Insurance Policies Cover and What They Don’t Cover

If you have Putnam Connecticut homeowners insurance, you may think that regardless of what type of disaster occurs, your policy will kick in and take care of it. However, there are some specific situations that your homeowners’ insurance policy probably does cover, and some situations that it likely doesn’t cover.

Disasters That are Covered

With a Putnam Connecticut homeowners insurance policy, you are probably protected against theft, fire or lightning, wind damage and water damage. You may also be covered if your plumbing system freezes and causes significant damage to your household.

Situations That Aren’t Covered

Homeowners’ insurance policies typically don’t cover pursuits conducted by your business, if you operate it out of your home, and bodily injury or property damage that is incurred intentionally. Additionally, your policy likely does not cover any professional services you provide or don’t provide out of your home and the use of motor vehicles, aircraft, or watercraft in your home.

Understanding what your homeowners’ insurance policy does and doesn’t cover is crucial to your financial success. If you are aware of something your policy doesn’t cover, you may be able to acquire additional cover to protect your finances against these specific risks. An insurance professional may be able to help you understand the terms of your policy and introduce you to additional types of coverage to ensure you are always adequately protected.

The Right Insurance When You Have Something Special to Protect

If you’re like most people, you have a variety of insurance policies to protect the things you cherish most in your life, including your health, home, and car. One type of policy that can offer valuable protection for the more uncommon things you may have is specialty insurance. What is specialty insurance? It’s a particular kind of policy that gives financial protection for a unique item or situation that isn’t covered under more traditional plans.

Types of Specialty Insurance

  • Unoccupied Dwelling
  • Manufactured Home
  • Dwelling Fire
  • Motorcycle
  • Travel Trailer
  • Surety Bonds
  • Blanket Insurance for events

As you can see, you can get great coverage for many circumstances that might otherwise be difficult to insure. Despite the fact that many of these items are either unusual or high-risk in nature, you can purchase a separate plan just for them. Alternatively, you may buy specialty insurance to add coverage to an existing policy in order to supplement it. For example, you may have home insurance on a rental property, but would like to add extra coverage in case of a fire. Specialty insurance would be a perfect addition.

Other Considerations

You’ll want to spend some time making sure that your specific needs are met by any policy you purchase. Be sure to ask your insurance company any questions you have to avoid the pitfall of thinking something is covered when it may not be.

The next time you’re wondering, “What is specialty insurance?” you’ll have a good idea of what it offers. You can rest assured knowing that you have options for protecting everything that you cherish, even if it’s out-of-the-ordinary.

Insurance Coverage for All Your Commercial Properties

Florida commercial insurance isn’t just for buildings. If you own a vacation home or investment property, you need insurance to protect your assets, but homeowners insurance does not fit your needs. Whatever kind of property you need to insure, an experienced property insurance representative can help you find the right portfolio to manage your risks.

Florida has unique risks to property. Hurricanes do major damage when they come through. If your property is near water, you may face flood damage and run the risk of wildlife causing damage. Even pollution in large cities can damage your valuable investment.

In addition to property insurance, you can manage other risks to your business with comprehensive Florida commercial insurance. Business auto insurance covers you while you’re in a company vehicle or your own vehicle when you’re on company business.

If you have customer data that needs safeguarding, you face cyber-threats such as hacking and viruses that could steal that information. It’s not just the big companies that are at risk. Cleaning up after a security breach is expensive and time-consuming. Find insurance that will help manage your costs in case the worst happens.

Speak with your Florida commercial insurance specialist about the risks to your business and enjoy peace of mind when you have a complete portfolio of protection. Get ideas on managing risks and preventing problems before you have to make a claim for even more security.

Dog Bite Statistics

America is a country of dog lovers. There are approximately 83 million canines living in the United States and almost 57 million households have dogs. These pets can be wonderful companions, but they can also hurt people and even kill them. Roughly 4.7 million people in the U.S. are bitten by canines every year, which represents about 1.5 percent of the population. Close to 20 percent of dog bite incidents are severe enough to require medical treatment. In order to adequately protect their financial interests, dog owners should purchase dog bite insurance.

Growing Numbers

Dog bite accidents are on the rise. From 1993 to 2008, there was an 86 percent increase in the number of people who were hospitalized because they were attacked by a dog. In 1993, 5,100 people ended up in the hospital because they had been bitten and in 2008 the number was 9,500. The per patient treatment cost was $18,200.

Most Likely Victims

Children under the age of five and the elderly are the most likely age groups to be bitten by dogs. Mail carriers are another risk group and 5,900 were bitten in 2012. More postal carriers are attacked in Los Angeles than any other place in the country.

More and more people are getting bitten by canines every year. If you are dog owner, dog bite insurance can help shield you from dog bite liabilities.

Finding the Best Manufactured Home Insurance Companies

If you own a modular or mobile home, you need to make sure that it is properly insured against loss and damage. Because not all manufactured home insurance companies are the same, you want to make sure that you are paying for a policy that will be fair and pay out in the event of a loss.

Research Online

The internet provides many opportunities to research a number of companies in a short amount of time. If you are new to owning a home, and don’t understand exactly what you may need for insurance purposes, websites such as the Insurance Information Institute can be very helpful.

You can also find out about specific companies by visiting sites such as A.M. Best, the Better Business Bureau and J.D. Power. These give you good ideas about both industry and consumer ratings of different insurers, and can help guide your search.

Look for Experience

Because certain areas of the country are more popular with manufactured homes, some businesses may not be as experienced with manufactured homes, and some may not offer that type of coverage at all. Look for manufactured home insurance companies that offer that coverage specifically, and understand about the different aspects of that type of insurance. Things that they should be asking about include occupational status, rental units, location, seasonal units, and the age of the home.

Is Your Insurance Policy in Need of a Checkup?

As a medical professional, you provide checkups for your patients every day. You want to make sure that they are on a healthy track so that they can live life to the fullest. If you have a physicians malpractice coverage plan, it is equally important to perform a regular checkup just to make sure that you are getting all that you can out of your policy.

Is Your Specialty Defined?

Every disability plan should have a clearly defined specialty in order to ensure that you are protected from loss of income due to illness or injury. The policy should also clearly define what a disability is and when your insurance coverage should kick in. If you are an orthopedic surgeon with a hand injury, you are not going to be able to perform surgeries. If your insurance plan is not clear, you may not be covered if the plan assumes that you can still perform family medicine.

How Does Your Carrier Define Your Income?

Many doctors are paid in a range of incentives, and your plan should define exactly how you earn an income. A W2 may only state a percentage of the income you regularly earn, so you should make sure that your medical practitioner disability plan knows exactly what kinds of income you see on a regular basis.

Your disability insurance should be in the healthiest state possible, which means that you may need to give it a checkup every once in a while.

What Types of Businesses Need Errors and Omissions Insurance?

If you’re in a professional services business, you could be vulnerable to a lawsuit that claims you were negligent in your work. Errors and omissions insurance can offer you protection against the consequences of these types of allegations. You might be wondering, “What is errors and omissions insurance, and am I in a business that needs it?” Here are some of the answers to that question.

What Is Errors and Omissions Insurance?

Errors and omissions insurance covers you if one of your clients holds you responsible for mistakes in a service you provided. This insurance will help you pay for your legal defense and the damages you may owe at the resolution of the lawsuit. Most policies will insure you up to a specific dollar amount.

Which Professions Benefit From This Type of Insurance?

Doctors, lawyers, accountants, engineers, IT consultants, real estate agents and mortgage brokers are among the professionals that can benefit from errors and omissions insurance. In short, any professional that offers services and might be sued for either real or perceived mistakes may need the safeguard of this type of policy.

What Steps Can You Take to Protect Your Business?

With the help of an insurance specialist, you can get coverage that is custom designed for the risks inherent to your services. Don’t settle for a generic liability policy since these can leave you vulnerable. Be proactive and get the protection you need to carry out your work with assurance.