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No one wants to leave for vacation only to realize that they forgot to shut their windows at home. Use these tips to prep your home before you set out.

Prep Your Home Before a Vacation

Before COVID, US residents took an average of 1.9 billion trips for leisure per year. If you’ve traveled, you probably already know that taking a vacation requires a lot of planning. Between booking flights and hotels or deciding which roads to take and sights to see, there are a lot of moving parts to a great vacation plan. But as you coordinate your travel plans, don’t forget to think about the home you’re leaving behind. Here are 20 steps to take before leaving for your vacation. 1. Notify your credit card company. If you’re going to make credit card purchases during your trip, you may want to… Read More »Prep Your Home Before a Vacation

Additional Insured Form Comparison

See revised and updated version of this post here: https://www.paperless-insurance.com/additional-insured-form-comparison-2/ – revised on August 12, 2024. CG 20 10 (Edition 11/85): Ties Additional Insured status to liability arising out of “your work” – i.e., the named insured’s work – for the additional insured. Applying the coverage to “your work: encompasses liability incurred while the named insured’s work is in progress and also the named insured’s completed operations. Addresses a coverage requirement that is frequently imposed by project owners on contractors doing work for them – “the contractor will provide the owner with additional insured status for claims against the owner arising out of… Read More »Additional Insured Form Comparison

Landlords and Habitability Claims

In parts of the U.S., the housing market remains locked in a perpetual impasse between high demand and low inventory of affordable residences. In heavily populated states such as California and much of the Northeast, soaring rents have led to overcrowding in multifamily dwellings, which can lead to living conditions more conducive to maintenance and habitability concerns such as sewer backups and vermin infestations. Complicating matters is the rise in corporate ownership of rental properties and the departure of “mom-and-pop” landlords dedicated to maintaining a single location. To take advantage of efficiencies of scale, corporate owners are inclined to spread… Read More »Landlords and Habitability Claims

10 Most Common Auto Insurance Claims and How to Avoid Them

If you can avoid auto claims, it will save you big time on your insurance costs. The rate you pay is based, in part, on your past driving and claims history. While no one wants to have an accident, they do happen on occasion. That’s why we call them accidents, after all. Auto insurance is an important part of protecting yourself and your assets.

Even more, it can save you time and injury if you can keep your car and its occupants safe. Here are 10 of the most common auto insurance claims and tips on how you might avoid them.

Guide on Buying Collector Car

You’re in the market for a collector car? Congratulations! Most new buyers can’t wait to run out and make a purchase, whether it’s a car, truck or motorcycle. But next to buying a home, a collector vehicle may be one of the bigger financial transactions most people ever make. You likely wouldn’t purchase the first home you tour, and you should approach purchasing an enthusiast vehicle with the same planning and forethought. Buying a collector vehicle should never be intimidating.  What Makes a Car Collectible? In the simplest terms, think of a collector vehicle as the car you want to own for fun,… Read More »Guide on Buying Collector Car

Why Business Needs Bond

Getting the proper insurance coverage and licenses is just a start. To run a successful business, you’ll also likely need the right bonds. So, what are bonds for small businesses? Bonds guarantee that your small business will perform the agreed-upon services. Both insurance and bonds help protect your business from being part of the 40% of small businesses that fail after a disaster. For many small businesses, surety bonds are required and help protect third parties like customers. So, if you run a hair salon school and one of your students reports that they didn’t receive services after paying, they can file a claim… Read More »Why Business Needs Bond

D&O Policy Pricing

While the Directors and Officers (D&O) insurance market for Initial Public Offerings (IPO) and Special Purpose Acquisition Companies (SPAC)  remains challenging in both pricing and capacity, the overall market predictions for public and private D&O insurance are cautiously optimistic as we head into the second and third quarters of 2022. The D&O market remains in a holding pattern with 5% to 10% price increases as the world continues to experience economic uncertainty in the aftermath of the pandemic. Initial concerns about high volumes of company bankruptcies and/or security claims following COVID-19 have not materialized, and while inflation is a known concern, its… Read More »D&O Policy Pricing