You only need to watch the news once to understand that weather events have become more dramatic over the past 10 years. According to Maryland State Insurance Commissioner Al Redmer, whether you’re talking about tornadoes, floods, hurricanes, or wildfires, “Both the number and severity of natural disasters have increased” – and so have the number […]
Everything You Need to Know About Crop Insurance
Crop insurance protects farmers and agricultural producers against the loss of crops as a result of extreme weather, like floods, hail, and drought, or the loss of revenue due to price fluctuation in the agricultural commodity market. There are two types of crop insurance available to farmers in the U.S. : crop-hail insurance, which is […]
What Every Horse Person Needs to Know About Insurance
Whether you board horses or rent them out for people to ride on your property, having the right insurance is crucial. It is also important when you are the person sending your horse to a boarding facility. There are many situations that could result in an insurance claim as these real news headlines show. “Horse […]
Why Farmers Should Purchase Livestock Insurance
Farms, ranches and other businesses that raise or house livestock may lose money if the animals are injured or die due to accidents or disease. There are several types of livestock insurance and the kind of coverage you need depends on the varieties of animals you have and the purpose they serve. Farm animal insurance […]
Prevented Planting for U.S. Farmers
U.S. Department of Agriculture numbers show Ohio farmers have been hit with the state’s worse weather-prevented planting season on record in 2019. The Columbus Dispatch reports that Ohio had the highest rate nationally of acreage on which insured farmers were prevented from planting because of weather. The data shows Ohio’s 15.1% rate was followed by […]
Benefits of Text Messaging in the Insurance Industry
Technology advances are constantly being made to keep up with consumer demands. One of the ways the insurance industry has begun to adopt technology is by incorporating texting with their clients. Texting is beneficial to both the insurance agency or company as well as the client. Here are some ways texting is beneficial: Ability to […]
How Telematics Devices are Driving Discounts for Commercial Auto Insurance
Ever wonder what happens while your company drivers are on the road? Looking for new ways to monitor and manage cost of insuring a fleet of commercial vehicles? If professional drivers keep your business rolling, telematics devices now offer you new, real-time insights into ways to manage and monitor your risk exposures. For businesses that […]
How Smart Home Technology is Influencing Home Insurance
By now, most Americans have grown accustomed to smart devices. Whether it is a smartphone or a smartwatch, we interact many times a day with some sort of smart device. These gadgets have changed the way we live providing unprecedented convenience and productivity. Smart devices in the home are no different. Over the last few […]
10 Ways Driving Analytics are Affecting Insurance
You may have noticed a lot of buzz about driving analytics lately, and for good reason. Driving analytics are primed to change the way vehicles and drivers are insured, and even conceivably change the way individuals drive, for the better. What is Driving Analytics? Also referred to as telematics, driving analytics tracks driver data like […]
Here’s What You Need to Know About Airbnb-ing Your Home
Sally Miller left corporate American when her first child was born to spend time with her growing family. But this also meant the family income took a hit, so she started exploring ways to make money from home. Hosting her four-bedroom home in San Jose, California on Airbnb turned out to be a great side-gig. […]
Top 5 Reasons Why You Should Consider Insurance as a Career
Whether you or someone you know is headed to college unsure of your path, graduated and looking for a job, or just looking for a career change, insurance should be on your list of jobs to research. Here are reasons why insurance is a great career choice. 1. A Stable Industry Insurance has been around […]
Climate Change May Affect Your Homeowner’s Insurance Policy
You only need to watch the news once to understand that weather events have become more dramatic over the past 10 years. According to Maryland State Insurance Commissioner Al Redmer, whether you’re talking about tornadoes, floods, hurricanes, or wildfires, “Both the number and severity of natural disasters have increased” – and so have the number […]
Marijuana at Work: What Employers Need to Know
Legalization of marijuana – whether for medical or recreational use – is rolling out across the country. It’s having an enormous impact on employers, who now have to ask: How is marijuana use impacting safety on the job? Can an employee file a discrimination lawsuit if medical marijuana use doesn’t align with our organization’s drug […]
What Insurance Does an Uber or Lyft Driver Need?
If you drive for a ride-hailing company like Uber or Lyft, or if you’re thinking of joining one, insurance coverage can seem like a secondary concern or something too complicated to tackle. But it’s more important than you think – and inaction could put you at risk. Do you have the right auto insurance to […]
Extreme Weather, Its Effect on the Economy and You
Extreme weather is a meteorological event that falls outside the realm of normal patterns. Weather describes conditions in the Earth’s atmosphere that occur over a short period such as days. Climate describes the weather that occurs over a longer time such as decades. Climate affects weather. For example, weather in the temperate areas is more […]
Taking the High Road on Safety
Triple Beam Technologies is preparing to begin field testing a hand-held device that will help police officers determine whether marijuana users are too high to drive safely – technology developed in response to the legalization of medical and/or recreational marijuana by one state after another. Kathy Stitzlein, founder and chief executive officer of the Akron-based […]
Service Animals, Emotional Support Animals and Your Business
Many people with disabilities use a service animal in order to fully participate in everyday life. Dogs can be trained to perform many important tasks to assist people with disabilities, such as providing stability for a person who has trouble walking, picking up items for a person who uses a wheelchair, preventing a child with […]
E-Scooters and Insurance
Dockless electric scooter (“e-scooter”) sharing programs continue to grow in number, popularity and value. The companies that operate these programs report that millions of rides have been taken in cities across the United States. One such company, Lime, was reportedly valued at $2 billion as of January 31, 2019. But this explosive growth of e-scooter […]
5 Things to Know About Umbrella Insurance
1. Without it, You Could Lose Everything If you cause a car accident and the other driver sues, your auto insurance covers you up to your personal-liability limit, which is likely between $100,000 and $300,000. Same goes for your homeowners insurance if the mailman slips on your steps. An umbrella liability policy pays for settlements […]
Commercial Umbrella Insurance: What You Need To Know
The term “umbrella insurance” is a good descriptor – it’s a broad type of coverage used to protect your business from liabilities that threaten its financial stability. This insurance extends over other policies to provide additional coverage when certain kinds of underlying policies have reached their limits. It also can kick in to fill in […]