Coverage Plan Homeowner’s Insurance Insurance Coverage Snow damage coverages

Homeowner’s Insurance and Snow Damage

Winter storms with heavy snowfall and ice accumulation can cause significant damage to a home, including newer constructions. It’s important for homeowners to evaluate the protections offered by their current policies and consider possible exceptions.

Coverage Inclusions

Snow damage coverages typically include damage to a roof from heavy snowfall, damage to a home’s exterior caused by heavy winds, flooding from frozen or burst pipes, and torn gutters and siding caused by ice dams. These coverages may be excluded if they are attributable to a lack of maintenance.

Coverage Exceptions

Typically, a policy will exclude damages that could have been prevented with proper maintenance. In the case of ice dams, for example, dams caused by a failure to clean or care for gutters may be excluded. Likewise, damage caused by rotting trees that weren’t trimmed or removed could be excluded.

Flooding Damage

When the snow melts and floods a home, it’s generally not included within the scope of a homeowner’s policy. A homeowner would need a separate policy specifically covering flood damage.

Homeowners need to be conscientious about what their insurance coverage includes. Moreover, they need to take active steps to maintain their home and surrounding landscaping in order to ensure that they do not experience any type of preventable damage that may be excluded from a policy.


Commercial Insurance Coverage Plan Healthcare claims Insurance Coverage Self-funded Insurance

What Makes Self-funded Insurance Attractive?

As healthcare costs continue to rise, companies find themselves in the position of having to pass along those costs to their employees and raising premiums year after year. Many are turning to self-funding their insurance plans as a way to contain costs.

Basically in a self-funded (self-insured) plan, the employer takes the risk of paying the healthcare claims. This works in the following manner.

  • When the employer deducts health insurance premiums from the employee’s pay, the money is deposited into the company’s health care asset account where the funds accumulate and earn interest.
  • When an employee visits the doctor and incurs a medical claim, that claim is sent to the employer (or their third-party administrator) and the claim is paid from the funds in the company’s health care asset account.

Self-funded insurance becomes attractive to employers for several reasons.

  • No risk pooling costs associated with fully insured plans
  • Monies in the asset account can accrue interest
  • Claims are not paid until incurred
  • Any surplus left in the assets account is kept by the company, allowing the reduction of premiums and offset costs from year to year based on their claim utilization
  • Lower administration costs
  • Greater plan design flexibility to meet a company’s needs

Companies should talk to their insurance carrier to see if self-funding may be a viable option to reduce costs associated with healthcare benefits.

Coverage Plan Insurance Coverage

Insurance for Wealthy Homeowners

For those that own homes costing more than $750,000, the insurance needs will be different from that of a typical homeowner. Since the home is worth more, the costs to replace the home or repair damages will be much higher. Buildings of historical or architectural significance, those constructed from rare or expensive materials, or even condos and luxury homes can need insurance for high-value homeowners.

The Challenges of Insurance Coverage

The price of the home is the most significant challenge when trying to secure a comprehensive insurance plan. The personal liability of the owner is also higher, as are the limits needed for personal property. Wealthy homeowners often have more expensive interior furnishings and collections, as well as exterior features that are potentially hazardous. Though higher limits are needed, many high-value policies will come with standard baseline features.

The Coverage Areas

The common baseline areas of coverage include protection against injuries or damages that occur on or off the property. It also covers the legal fees if you are sued. A wealthy homeowner may have a feature like a swimming pool or tennis court, and even if you haven’t given someone permission to use the facility, you could be responsible for injuries that occur. Your policy may also be written to include living expenses, identity theft coverage, sewer or pipe backup, partial loss, or no-cost home inspections.

Boat Insurance Insurance Coverage

Insurance Considerations for Liveaboard Boaters

You are finally doing it; you’re realizing your dream and making the move from sticks-and-bricks to hull-and-deck living. Even if you have years of operating a boat for leisure, there are a few unique issues involved when deciding to make your boat your dwelling. Liveaboard boat insurance cost considerations are an important factor for people who choose to live either full time or for a significant portion of the year on their vessel.

The Impacts of Travel on Coverage

The extent you intend to travel plays a role in the types and levels of coverage you will need. For instance, staying docked for much of the year has a different risk profile than being out in open waters for long stretches of time. For those who opt to live and travel seasonally, it is important to acquire a policy that provides appropriate coverage for the times you are aboard versus onshore.

The Impacts of Location on Coverage

Another important element in determining policy costs is location. If you plan to stay in warmer climates year-round, you will not run into the same weather exposures and vulnerabilities experienced in cold weather climates. Likewise, additional protections will be needed if you intend to travel in international waters and dock in foreign countries.

Living aboard your boat can be an amazing experience, providing you with plenty of adventure while reducing your cost-of-living expenses. Making the right insurance decisions ensures you are adequately protected when you move aboard and allows you to live your dream.

Insurance Coverage

Making a Website ADA Compliant

The business world has increasingly grown to utilize the internet for marketing and displaying business information. However, it is often forgotten that not everyone can easily access a computer, website or smartphone app. Many potential clients may not be able to read what is on a screen or be able to click, tap and scroll as needed. Such users make up a strong portion of adults in the United States and need to be provided with the same ability to get information on the internet as everyone else.

What is Accessibility?

The Americans with Disabilities Act (ADA) was written in 1990 and set out to define requirements to make a business accessible to all people. This started out with explaining the accommodations necessary to access a physical building, but has since expanded to include offerings on a website. As explained by, there are multiple aspects that are used to accomplish ADA website compliance:

  • Alternative ways of providing text such as those capable of being read by automated systems.
  • Providing closed captioning for multimedia content.
  • Ability to modify font size and screen contrast.
  • Utilizing the keyboard for all site functions instead of a mouse.
  • More intuitive site design and navigational features.

You have spent a lot of time seeking an audience for the services you offer. Ensure your marketing is accessible to everyone by developing an ADA compliant platform.

Auto Insurance Insurance Coverage

Homeowners Insurance Helps Protect Your Valuable Asset

For many people, a home is their most valuable asset. It is important to invest in home value protection. There are a few things to consider when protecting this asset with a homeowner’s insurance policy.

Exterior Structures

As seen on, property coverage helps you recover losses associated with covered incidents such as fire. However, this extends beyond the actual home to include exterior structures. Some homes have detached garages, workshops, toolsheds, pools and guest houses. Include these exterior structures in your home’s value, so they are covered should something happen to them.

Homeowner Liability

When someone steps onto your property, you have increased liabilities should something happen to them. They can sue you to cover their medical payments. A lawsuit can result in a huge financial loss without adequate insurance to help cover those costs.

Unexpected Expenses

While many homeowners worry about replacing or repairing damage caused by a disaster, there are additional items that can strap homeowners. For example, damage to the home can result in the home being unusable for months. Paying for temporary lodging can get expensive.

Home value protection is more than simply covering the purchase price of the home. When evaluating your homeowner’s insurance policy, be sure to ask about additional coverage options. Carefully consider all items on the property worth value in your policy.

EO Insurance Insurance Coverage professional liability insurance

EO Insurance Customized To Your Profession and Niche

Professional liability insurance is an incredibly varied form of coverage, in no small part because of the wide variety of professions that need it to operate. There are a lot of common issues faced by individuals in highly skilled fields like the law, finance, and medicine, but their specific areas of exposure to liability can vary quite a bit, even within an industry. Accountants and investment brokers, for instance, have very different niches within the finance industry. That means they need different things from professional E&O coverage, even if they have a few broad protection needs that do converge. It’s obviously even more pronounced when comparing completely different professions like law and medicine.

Coverage Built Around Your Business

There are two ways to go about finding professional liability insurance. You can find a specialist whose protection is built for your profession, or you can find a company that specializes in building policies around your needs, whether you’re investing, working as an IT consultant, or operating within the legal and medical fields. The resources provided at explain some benefits of this kind of coverage, which include:

  • Unique levels and types of protection for your practice or business
  • Common coverage options for your field
  • Tailor-made quotes that bundle in E&O as well as other forms of professional liability coverage

It might be time to talk to someone about making the switch to a fully customized policy if you’re currently working with a one-size-fits-all E&O solution.

Insurance Coverage

What Are Some EO Insurance Exclusions?

No matter how carefully an agent may perform his or her job, real estate agents can still be subject to lawsuits. Even if those lawsuits are superficial or groundless, there will still be legal expenses to pay. Unfortunately, this is true regardless of who wins the case. Legal expenses can be hefty and can quickly put a financial burden on the agent.

Errors and omissions insurance (E&O) is a type of or real estate agent insurance that provides coverage for these professionals during certain claims of malpractice. This can help lessen – or even eliminate – the amount that an agent will have to pay for a claim related to negligence, omissions, or error on the professional’s part. According to HighlandRisk Insurance, E&O insurance is an important component of protecting against financial loss.

What Does E&O Not Cover?

E&O insurance does have exclusions when it comes to what it will cover. This means that the insurance will not cover specific happenings, such as any claim that results from illegal or dishonest actions by an agent. If an agent causes harm to another person or even death, typically those claims will not be covered either. Additionally, if an agent causes damage to someone else’s property, that would be considered an exclusion.

Chances are at some point you will have to deal with a lawsuit as a real estate agent. Make sure you are protected so you can rest easy.

Insurance Coverage

Why It’s Important to Have DO Coverage

Directors and officers of organizations need special coverage that is often referred to as d&o policy. Learn more about what this coverage can do for you and why you should have it to protect in case of an accident or potential problem.

Protection for Individuals

Having D&O coverage protects the personal liability of the individuals at a company, according to Financial Guaranty Insurance Brokers, Inc. This type of coverage is also useful if the directors and officers get sued along with the company itself. Having this type of protection can make it easier to focus on work while providing peace of mind.

Covers in a Variety of Situations

Having a d&o policy is important because directors and officers are under constant watch from a variety of different groups such as shareholders, employees, and other parties who might have an interest in using the company, if necessary. The policy can be written to meet specific needs, so it is a better fit for your company.

An organization that has directors and officers should have special d&o coverage. This can protect the individuals at the company in a variety of different situations, no matter who is considering suing them. Having this protection in place can make a difference for everyone involved in the organization.

Construction Industry Insurance Insurance Coverage

The Hazards of the Construction Industry

According to national statistics, the construction industry is one of the more hazardous fields for a person to work in. This makes sense, as there is a lot of heavy lifting and dangerous machinery involved with daily operations. If you own and operate your own business in this industry, then you definitely need to protect yourself and your workers from potential threats. One way of achieving this is by taking out the right workers comp for construction businesses.

Dangerous Conditions

As reported on, there are many conditions that can lead to accidents at construction sites. Some workers spend their days more than 15 feet in the air, increasing the odds of more serious injuries. Due to the nature of your industry, you might see more expensive payments than in other fields. By aligning with the right insurance company, you can find the best rates and find a plan that includes:

  • Temporary total or temporary partial disability
  • PEO options
  • Part-time worker coverage

Payment Structures

Due to the expensive nature of this type of coverage, there are often a number of payment options available to business owners. Common options include a pay-as-you-go structure and the ability to delay payments under specific circumstances. Work with your provider to see which structure makes the most sense for you.

The sooner you get better workers’ compensation insurance, the sooner you can feel content with your coverage. Look into your options and discover the right choice for you.