News
One of the best ways to stay ahead of risk? Stay well informed.
News
Is Business Insurance Tax Deductible?
According to the IRS, business owners can deduct ordinary and necessary business expenses. This means that several types of commercial insurance premiums are deductible.
Loss Control Tips: Water Damage
A leak or water damage incident in one unit can easily affect other areas of your building. Take heed of these loss control tips.
Know the Details of Your Insurance Coverage
Understanding the differences between Basic, Broad and Special insurance coverage is essential for every islander. Fully understanding “under insurance” is also critical.
How to Manage Business Risks
A risk management plan involves implementing various techniques that can help mitigate or prevent loss. There are multiple ways a company can organize its risk management plan, but steps commonly consist of identifying, assessing, and managing risks.
Preventing Water Damage
One of the most common causes of water damage within your home is often preventable. After all, this form of damage isn’t always due to heavy rainstorms or melting snow. Rather, water damage often stems from a lack of home maintenance.
Understanding Your Commercial Auto Insurance Premiums
Auto insurance rates are based on several factors: frequency and severity of crashes, auto repair costs, medical and hospital costs, lawsuits and court judgments, insurance fraud, vehicle type, and deductibles. This means that while your company’s inherent level of risk is a factor that affects the premium you will pay for auto insurance, that amount…
Cyber Liability Insurance
As technology becomes increasingly important for successful business operations, the value of a strong cyber liability insurance policy will only continue to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses. In an age where a stolen laptop or…
8 Common Car Insurance Myths
Auto insurance can be complex and difficult to understand. With all the information available to policyholders, it can be challenging to decipher the facts from myths. Knowing what’s covered under your auto policy and the factors that determine your premium is crucial. What’s more, not understanding your coverage may lead you to believe you’re covered…
Personal Cyber Coverage Explained
Typically offered as an endorsement to a homeowners policy, this form of coverage can provide financial protection for losses resulting from a range of cyber incidents—including fraud, identity theft and data breaches. Keep reading to learn more about the growing need for this coverage and the key types of personal cyber insurance available.
How to Create a Spending Plan
Once you have a general idea of how much you need to save each month to reach your retirement goal, you need to determine where you will find the money. There’s one simple trick for saving for any goal: spend less than you earn. The first step is to get organized by creating a spending…
Does Your Home Have A Radon Problem?
Radon, a colorless and odorless gas, is the leading cause of lung cancer in nonsmokers – causing an estimated 21,000 lung cancer deaths per year. In an effort to alert homeowners, the Environmental Protection Agency (EPA) has designated January as National Radon Action Month.
Home Office Ergonomics
Working from home comes with its own set of challenges. If an employee finds themselves working from home for a prolonged period of time, it is especially important to take steps to prevent ergonomic injuries. Taking small steps can go a long way to injury prevention at home.