Category Archives: Resources

What automobile public liability insurance limits do you recommend?

Public liability coverages generally defend against third-party allegations of your negligent action or non-action.  That is, you or another insured are alleged to have committed a civil wrong or tort.  Bodily injury liability (BI) and property damage liability (PD) coverages can be purchased with either split limits –  a separate limit for BI and for PD, or a combined single… Read More »

The NAIC: “Consumer’s Guide to Home Insurance”

Author & Copyright:  National Association of Insurance Commissioners (NAIC) Why You Need Insurance “Homeowners insurance is an important purchase for many people. There are two major reasons to buy homeowners insurance: • To protect your assets Homeowners insurance covers the structure of your home and your personal property, as well as your personal legal responsibility… Read More »

How large a deductible should I buy on my auto and homeowner’s policies?

The short answer is:  Choose the largest deductible with which you are comfortable that will significantly reduce your premium.  Each of us has a different tolerance for risk which is reflected in our buying decisions, not just insurance deductibles.  Due to inflation of the U.S. dollar, the ‘standard deductible’ has risen from $100 (or even… Read More »

A Few Things to Consider Before Buying Insurance

Choose a “Trusted Choice” Independent Insurance Agency. They own and operate a business within your community. Their local interests more nearly represent your interests. Their personnel will know you personally and value you as a customer. They can offer you choices. They maintain independent contracts with insurance carriers and are not captive to any one company. You can save… Read More »

A Summary of Risk Management for Business

A business faces a wide variety of insurable risks today and a large number of insurance contracts to respond to them. Risk exposures to loss arise from destruction of property, interruption of business, adverse liability judgment, criminal activity and statutory authority. The seemingly endless number threatens the assets and earning power of the business. A… Read More »