VU Resources

Is Sales Tax Covered by an Auto Policy?

Your insured’s auto is totaled by a negligent driver. The at-fault party’s insurer has agreed to compensate your insured’s loss of value. However, in purchasing a replacement vehicle, the insurer…

Car and piggy bank budget. Financing, auto tax, insurance and car loans, savings concept.

Business Income and Cancellation of Contracts

An entertainment center generates much of its income from the many contracts it has with various groups. If there was a major loss and the groups cancelled their contracts and…

friendship, teamwork and people concept - group of international men and women with hands on top of each other

Understanding the Business Income Monthly Limit of Indemnity Option

The ISO Business Income program has a Monthly Limit of Indemnity option that allows the entry of factors of 1/3, 1/4, or 1/6 on the declarations page. Does this mean…

Predictive analytics, data visualization, business forecasting concept. Data analytics for continuous improvement and business development. Predictions about future outcomes and performance.

Net Income vs. Continuing Expenses

Business income insurance covers net income and continuing expenses while a business is interrupted due to a covered loss. What if the business would have been operating at a financial…

Business Income and Civil Authority Curfews

An ice and windstorm shut down a 24-hour restaurant due to off-premises power failure. The power was restored fairly quickly but a 6 p.m. to 6 a.m. curfew was imposed…

Frozen ice covered plants in hoarfrost with light bokeh. Gentle winter background with sun flare. Winter natural plant background in cold blue tones. Selective focus.

Other

PLACE HOLDER textLayout:LISTING

The BAP and Temporary Substitutes

Question: “My customer has a Business Auto Policy (BAP) with Symbol 1 for liability and Symbol 7 for physical damage. One of their autos will be in the shop for…

Crossing wooden rings with spheres on blue background. Modern abstract art with geometric shapes. 3d rendering.

Do Businesses Need to Buy UM Coverage?

In today’s market, everyone is looking for a way to reduce premiums. One method that is sometimes used is to not carry UM coverage under the BAP. After all, if…

The image of a gavel in a shopping cart suggests the intersection of consumerism and legal matters.

Insuring Commercial Trailers Without Owned Autos

You’re quoting a business with a BOP that has Hired/Nonowned Auto coverage. The business purchases three trailers to take to job sites and trade shows. The trailers will be hauled…

What is Auto “Equipment”? Trailer Tarps, Flyswatters and Fishing Poles

A vehicle was damaged, including the attached permanently-mounted tool box, welder and generator. The adjuster denied the claim stating that the attached equipment was not a part of the original…

Impressive summer sunrise on Eibsee lake with Zugspitze mountain range. Sunny outdoor scene in German Alps, Bavaria, Germany, Europe. Beauty of nature concept background.

Filters

  1. VU Resources (1918)

  1. Virtual University (1855)
  2. E&O Guardian (56)
  3. Best Practices (1)
  4. Big "I" Hires (1)
  5. E&O (1)
  6. Ask an Expert (5)

  1. Article (1806)
  2. Download (9)
  3. Webinar (6)
  4. Guide (1)
  5. Checklist (1)

  1. Agency Management (1)
    1. Agency Operations (672)
    2. E&O Audit (1)
  2. Customer Service (530)
  3. Marketing (258)
  4. Technology (1)
    1. Artificial Intelligence (1)
  5. Sales (81)
  6. Procedures (1)
    1. Sample Customer Letters (1)
  7. Human Resources (42)
  8. Certificates of Insurance (69)
  9. EO Loss Control (5)
    1. Claims Prevention (15)
    2. Claims Happen (8)
    3. Common Errors Alleged (8)
    4. Claims Advisor (5)
  10. Professional Development (21)
  11. Risk Management (10)
  12. Perpetuation (19)
  13. Hiring and Recruiting (2)
  14. Regulation (1)
  15. Professional Liability (12)
  16. Diversity & Inclusion (1)
  17. Contracts (13)
  18. Disaster Preparedness (1)
  19. Hiring (2)
  20. Compensation (6)
  21. Recruiting (1)
  22. Agency Financing (1)
  23. Employee Benefits (1)
  24. Valuation (1)

  1. Commercial Lines (4)
    1. Commercial General Liability (CGL) (5)
      1. Exclusions (37)
      2. Other CGL (31)
      3. Coverages (19)
      4. Endorsements CGL (15)
      5. Additional Insureds (11)
      6. Contractual (8)
      7. Insureds (7)
      8. Crime (7)
      9. Liability CGL (6)
      10. Conditions CGL (5)
      11. Definitions (5)
    2. Property (2)
      1. Conditions Property (36)
      2. Other Property (32)
      3. Coverages Property (17)
      4. Property Exclusions (13)
      5. Endorsements Property (9)
      6. Perils (2)
    3. Commercial Lines Auto (3)
      1. Physical Damage (13)
      2. Other (11)
      3. Endorsements (10)
      4. Garage (3)
    4. Miscellaneous Commercial Lines (64)
    5. Business Income (50)
    6. Workers Compensation (48)
    7. Liability (20)
    8. Professional Liability (15)
    9. Flood (4)
  2. Personal Lines (28)
    1. Homeowners (1)
      1. Other Homeowners (24)
      2. Condo Issues (15)
      3. Property Coverages (14)
      4. Liability Coverages (11)
      5. Property Perils (11)
      6. Exclusions Property (9)
      7. Vehicles (7)
      8. Liability Exclusions (7)
      9. Insureds Homeowners (7)
      10. Definitions Homeowners (7)
      11. Conditions Homeowners (7)
      12. Endorsements Homeowners (1)
    2. Auto (1)
      1. Liability Auto (17)
      2. Insureds Auto (14)
      3. Other Auto (14)
      4. Physical Damage Auto (14)
      5. Rental Cars (6)
      6. Endorsements Auto (3)
      7. Conditions (1)
    3. Miscellaneous Personal Lines (29)
    4. Flood Personal Lines (28)
  3. Life and Health (5)
    1. Life (13)
    2. Miscellaneous (12)
    3. Health (5)
  4. Back to Basics (27)

  1. Commercial Lines (1)
    1. Workers Compensation (52)
    2. Commercial Auto (46)
    3. Professional Liability (12)
      1. E&O (12)
    4. Cyber Liability (1)
    5. BOP (1)
  2. Personal Lines (1)
    1. Homeowners (1)
      1. Jewelry (1)
    2. Life Insurance (27)
    3. Personal Umbrella (1)
  3. Auto (69)
  4. Flood (1)
    1. Personal Flood (1)
  5. Health Insurance (1)