What comes to mind when I mention a vacant commercial building? A derelict, abandoned structure in a decaying urban neighborhood? A commercial building for sale. Or a building standing empty between tenants or while being remodeled. Regardless of why it’s unoccupied, it’s often difficult to find insurance for a vacant commercial building. We can help. [...]
In 1977, there were fewer than 100 breweries in the United States. Today, there are more than 5,300. Brew pubs and microbreweries account for most of that growth over the past 40 years -- with no sign of slowing down. Brew pubs and microbreweries have notched double-digit growth in eight out of the past 10 [...]
Do you need bicyclist insurance? It’s not as far-fetched as it might seem. Most people don't equate owning a bicycle to insurance needs, however bicyclists might need proper insurance even more so than the general population. If you have car insurance and opted for uninsured motorist bodily injury coverage, your pain and suffering, medical [...]
Do you own -- or planning to buy -- a high-value home, one that’s worth at least $3 million? Congratulations. And a word of caution. There are special considerations and challenges when it comes to insuring a high-value home. We can help. Most insurers provide home policies designed for Middle America. But they aren’t equipped [...]
Mike, I’ve heard horror stories of how much it costs to add my kids to my insurance policy. How can we keep our costs down when my kids start driving? - Sarah Sarah, Teens are expensive to insure and there’s good reason for that. There’s a high probability that a young driver will be in [...]
Many of us enjoy a good mystery -- unless it involves our insurance. If you lose a valuable piece of property, your insurance reimbursement -- or lack of it -- may depend on whether your policy includes a Mysterious Disappearance Clause. A Mysterious Disappearance Clause is just what the name says. If your property, renter’s [...]
Mike, A friend recently told me she purchased an umbrella policy, which covers both her home and cars. Should I purchase an umbrella policy? -Jennifer Jennifer, An umbrella policy doesn’t replace your home and auto insurance, but rather adds additional coverage on top of your home and auto to protect you from a catastrophic claim. Umbrella policies were first offered in 1949 [...]
If you’re familiar with the National Flood Insurance Program (NFIP) offered through FEMA, you know how limited it is. And for the past 50 years, it was your only choice. Many people are surprised to learn that a flood is excluded by their standard home insurance coverage. If you want coverage for a flood, you [...]
Chances are you’re insured against losses from a burglar physically breaking into your home or business. But what about losses from cyber attacks? Cyber liability is the fastest growing category of claims in the commercial insurance sector, but very few commercial policies automatically include cyber-liability coverage. A single cyber attack can cost a small business [...]
Mike: My neighbor recently had to replace his sewer line running underground from his house to the street. Does insurance cover this ? -Bill Bill: Up until this year, I wasn’t aware of a single insurance company that offered coverage for your sewer line. Damage to a sewer line was almost never covered because the [...]
