Homeowner’s Insurance Won’t Cover Home-Based Businesses
A client has a side business where she is a photographer taking family portraits out of her home. During her audit, we discovered that her homeowner’s policy wouldn’t extend should a client be injured in
Splitting Assets Includes Insurance
After reviewing a client’s portfolio, we realized the ex-husband was still on all of the policies even though they no longer lived in the same home and assets had been divided. They hadn’t thought to
Insuring Your Closet? Yes!
In the event of a disaster, homeowners insurance will pay the agreed amount to rebuild or repair the home. But what about the things inside the home? Anything in your closet that isn’t jewelry or
Accused of Wrongful Termination
Many clients have the ability to hire personal staff to help make life easier. Housekeepers, nannies, caretakers, and personal assistants are all wonderful resources for busy families. But if the employee is hired directly (no
The Correct Value of “Other Structures”
Homeowner’s policies cover the “Dwelling” (the main home structure) and then separately provide coverage for “Other Structures” (those not attached to the main home) which can include: detached garages, guest homes, sheds, fences, pools/pool houses,
Art Collections Need More Than Just Insurance
Certain carriers go above and beyond for their clients with high-valued art and collectibles. They can provide services like transportation recommendations when moving art on loan to a gallery or museum, advice on how to
Not Licensed In That State
Insurance agents must be licensed in every state they place business in. Often times an agent will not be licensed or have the carrier options outside their home state. This becomes an issue when your
Phishing Scammer Steals Deposit
Hackers are getting more sophisticated by the day. Having the proper protection to come to the rescue in times of a breach is priceless. Several of our carriers offer a standalone personal cyber policy that
Do You Need Earthquake Coverage?
Do your clients have earthquake coverage in their homeowner’s insurance policies? A select few may, but most policies exclude damage caused by earthquakes. Some carriers offer earthquake coverage that can be purchased as an endorsement
Is Your Auto Insurance Premium Up to Date?
Accidents and traffic tickets happen to the best of us, and it can be costly in more ways than one. But no one should pay specialty market insurance rates longer than they have to. A
All-Needs-Covered Insurance: Rental Car Coverage
Most carriers offer a nominal per day rental car limit that may only cover a compact size car. Would that be enough for your needs? One of our clients was involved in a car accident
How to Protect Investments While Paying Medical Bills
With over 3 million car accidents happening each year in America, the possibility of unexpected medical expenses should be on everyone’s mind. If a client is involved in an accident with an uninsured or underinsured
Disaster Coverage: Total Loss Home Insurance & Cash Out Options
When a total loss occurs, our clients want the option to rebuild their home or take a check and move on. One of our clients had been wanting to move to Florida for years, but
Uninsured Motorist Coverage for Lost Wages from Car Accidents
I have two clients who are young professionals with significant future earning potential. However, their umbrella policy didn’t include uninsured/underinsured motorist coverage.If someone were to hit them and they couldn’t work, they would want to
Even Renters Need Umbrella Liability Coverage
With no car and a simple apartment, Andrew, the adult child of significant family wealth, thought he didn’t need any insurance. But that’s not the case at all! While a renter’s policy will help with
How to Lower Your Homeowners Insurance Premium
Though a successful client had never turned in a claim for anything under $10,000, they had left their homeowners policy deductible at $250 for many years. But by having their deductible so low, they were
Is Your Homeowners Insurance Replacement Coverage Accurate?
The last time our new client discussed the value of their homeowner’s policy with their previous agent was 12 years and three renovations ago. Our audit found that their property was now worth $1M in
High Net Worth Umbrella Policies & Personal Liability Coverage
Our new client recently sold his business and his net-worth quadrupled overnight. This client had an umbrella policy, but it was only $2M because that was the highest limit his broker could underwrite. We encourage
Claim Hot Potato
One of our new clients discovered no one was his advocate during the claim process with his previous carrier. Having an accident is already a challenge, but it’s compounded when you discover you must manage
Avoid Duplicate Coverage for Multiple Business Entities
Most of you know that we are a full-service P&C insurance agency, yet I’m usually just talking about Personal Insurance with our clients. But I had a Business Insurance situation that could impact many of your
Have You Been Transferred to an Insurance Call Center?
It is time to end the myth that better service and insurance coverage will increase a client’s premium costs. This week, Brunswick Companies saved the client $3,000 by placing him with a premium carrier. And
Trustee & Endorsement Insurance
I just experienced something that needs to be shared. Our new client has been a trustee for years. In his role, he is responsible for a challenged, but independent adult. Our insurance audit uncovered that