Helping Your Clients Maintain Accurate Statements of Value
One of the most frequent allegations in agency errors & omissions claims arise when policy limits are insufficient to pay a claim. Your commercial insureds’ statements of value (SOV) are…
Commercial Lines
Introducing the Power of Home Inventory Artificial Intelligence
With more climate-related risks affecting homeowners, helping your clients itemize their home inventories before a loss occurs can save them hours of time and help them recoup more of their…
Understanding Engineering Insurance and Deterioration of Stock Insurance: A Guide for Insurance Agents and Carriers
For insurance agents, carriers and adjusters, understanding specialized insurance products is critical to crafting tailored insurance solutions for clients across the industries. Two lesser known but useful insurance coverages are Engineering Insurance and Deterioration…
A Short Primer on Property Valuations
Knowing and understanding the needs of clients requires you to understand the nuances of coverage and how they impact the insured’s business. Today, there is a greater bias toward simpler…
Habitational Hot Mess
The habitational market struggles with a lack of capacity, increasing non-renewals, higher deductibles and restricted underwriting. How can the industry adapt to this hard market? This article covers current habitational…
Insurance Coverage Concerns for Geothermal Heat Pump Systems
According to the Environmental Protection Agency (EPA), geothermal energy technology “harnesses the Earth’s heat,” and at least three types of technology that take advantage of that natural resource. These include…
Post-COVID World Requires Agents to Learn Leasehold Interest Coverage
During COVID, many if not most employees were assigned to work from home. Office-based operations discovered that remote employees may be just as efficient as they were in the office.…
Seven Important Considerations Required to Properly Insure “Fixtures”
Agents learn early that there are two types of property, real property and personal property. Real property is generally defined as land and everything attached to the land such as…
Coverage for Business Personal Property Off Premises
A surveyor’s equipment was stolen while on a job site. The adjuster denied the claim under the CP 00 10 Property Off-premises coverage, citing the exclusion for such property while…
Insuring Commercial Tenant Lease Requirements
A prospect’s lease requires that the tenant (him) be responsible for only the heating and air conditioning system (HVAC) under a provision that the tenant “maintain, repair and replace” the…
