Risk Retention Groups

Businesses, regardless of what they do or size, make decisions that affect how they are covered. Many factors go into choices about what needs to be protected, such as:  Buildings  Machinery Equipment  […]

Recall Insurance

A company run responsibly acts when it finds out there is something wrong with the product. That action is often a recall. Sending out a public notice that a problem has been […]

Policy Insurance Limits

If you examine the insurance policy covering your business, you’ll see an policy insurance limit. For instance:  According to the above, it may appear that you have a million dollars […]

Niche or Not Insurance

There are risks associated with every business, whether the business involves one person, hundreds, or thousands. Commercial insurance handles these risks. Different types of insurance cover many aspects of operating a […]

Mobile Equipment

You might think that an insurance policy that is designed to protect autos and trucks that are used by a business, would cover any type of vehicle. That is a […]

Mobile Equipment Classification

Insurance is so much easier when one understands how protection applies. However, mobile equipment is a class of property that complicates things because the line is blurred between it and […]

Loss Reporting Control

Insurance consumers experience all types of property losses. Depending upon how serious the loss is, property owners have to decide what to do. When a loss amount is high, this […]

Insured Contracts and Commercial Umbrella

A liability policy has to restrict its coverage to handling the type of losses for which it was created, and a commercial liability umbrella (CLU) is no exception. It contains an important provision […]

Insurance – Smart Contracts

Traditional insurance involves trust, as it is a form or contract; it requires that the parties that belong to the agreement deal with each other in good faith. Both parties are expected […]

Insurance – A Matter of Trust

Insurance policies involve trust. Insurance policies are written agreements that include at least two parties. One is the insurance company that provides the applicable form of protection. The other is […]