In 2015, the Coast Guard counted 4,158 recreational boating accidents that involved 626 deaths, 2,613 injuries and approximately $42 million dollars of damage to property. If you own or regularly operate a boat, you probably need more coverage than your homeowners policy provides.
A survey by one insurer found that 29 percent of all boat owners Continue reading “Do You Need a Boat Insurance Policy?”
If your vacation plans require a rental car, knowing what your existing insurance policies cover could save you money.
The next time you rent a car and the agent asks whether you want the optional coverages, should you say yes or no? Buying them will add substantially to your car rental costs—if you buy all the additional coverages offered, you’ll add at least $18 to the rental charges per day. Are these coverages worth it? Read on for more information.
CDW or LDW
The collision damage waiver (CDW) or loss damage waiver (LDW) cost the most of any of the optional coverages, about $10-$25 a day. Although the CDW and LDW are not insurance, they will waive your financial responsibility if a car you rent is damaged or stolen.
When you sign a rental car agreement, you agree to become responsible for any damage to the car. Continue reading “Should You Buy Rental Car Coverage?”
Scheduling regular policy reviews can ensure your business has the coverage it needs, when you need it. If you haven’t reviewed your coverage lately, the beginning of the year is a great time to take care of this important housekeeping matter.
Continue reading “What to Do in a Policy Review”
Scheduling regular policy reviews can ensure your business has the coverage it needs, when you need it. If you haven’t reviewed your coverage lately, the beginning of the year is a great time to take care of this important housekeeping matter. Continue reading “What to Do in Your Annual Insurance Policy Review”
Many of us use supplemental heaters, or space heaters, to heat an ordinarily unoccupied space such as garage or workshop, to provide additional heat during cold spells or to minimize heating bills. However, incorrect use of these heaters leads to about 120,000 residential fires annually. With colder weather on the way, use the following checklist to ensure safe use of space heaters. Continue reading “Staying Warm –and Safe”
“Sticks and stones may break my bones, but names will never hurt me.” The old schoolyard rhyme isn’t true—mis-used words CAN hurt you!
Continue reading “When Words Become Weapons”
Twenty-two states and the District of Columbia now allow the medical use of marijuana. Colorado, Oregon and Washington have also legalized its recreational use and possession. How will this affect your employment policies?
Continue reading “Will Medical Marijuana Send Your Employment Policies up in Smoke?”
A survey by one vendor found that 39 percent of employees want to buy identity theft insurance through their employer. Are you providing this valuable benefit?
Identity theft occurs when someone uses an individual’s personal identifying information Continue reading “Identity Theft Insurance = Reputation Protection”
In 2013, the Coast Guard counted 4,730 recreational boating accidents that involved 736 deaths, 3,358 injuries and approximately $36 million dollars of damage to property. If you own or regularly operate a boat, you probably need more coverage than your homeowners policy provides. Continue reading “Insuring Your Boat”
You probably already have a disaster management plan to help your company minimize the effects of a disaster. You’ve probably considered evacuation of employees and customers, data backup, and contingency plans for manufacturing your products or delivering your services. But have you considered the role public relations can play in managing a crisis? Continue reading “Crisis Management: Where Risk Management and Public Relations Meet”