What are loss runs?

By | Business Insurance

Question 89 in 100 Insurance Questions in 100 Days Video Series! If you are a business owner, or an employee of one who has the responsibility of handling the insurance, you’ve probably been asked for these before. To see what loss runs are, and why it’s hard to change insurance companies without them, click on this brief video explanation.

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Do I need to list non W2 employees on a New York Workers Compensation policy?

By | Business Insurance

Question 78 in 100 Insurance Questions in 100 Days Video Series? As a business owner, having to figure out who to put on a workers compensation policy and who not to, is probably not your idea of a good time. I can relate. However, in New York state we have some rules (surprise) and those rules say that if you are paying someone, they’d better be listed. The cleaner of your office, the person you hired for social media, the outside sales person, and more could end up needing to be accounted for. See this brief video explanation for more.

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Do business owners have to be listed on New York Workers Comp?

By | Business Insurance

Question 76 in 100 Insurance Questions in 100 Days Video Series! As a business owner you might not see a need to insure yourself on a Workers Compensation insurance policy. It boils down to weather you want to cover for lost wages if you become hurt on the job. Otherwise, it’s good old fashioned health insurance that will pay to put you back together! Watch this brief video to learn more.

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What is off premises utility interruption coverage?

By | Business Insurance

Question 75 in 100 Insurance Questions in 100 Days Video Series!   If you are a New York State business owner this is a must. If you were to lose power, or have no water, or be without heat…what would that do to your business? Would your sales suffer? Would you potentially have to cut hours for your staff? I assume that in order to operate you would need those utilities to be running smoothly. Sometimes there is a lengthy outage, and your business insurance policy can be the place to look to see if you might not have to…

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How does Fire Legal work?

By | Business Insurance, Business Liability

Question 57 in 100 Insurance Questions in 100 Days Video Series. As a business when you rent space, you are liable for what damage occurs within it. However, the portion of your policy that covers general liability excludes damage done to your specific space. The fire legal section of your policy is what covers your liability to the building owner. Without it, or without enough, you’d be on your own for the cost of damages to your space. Watch this brief explanation for more.

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Blanket coverage, explained

By | Business Insurance

Day 53 in 100 Insurance Questions in 100 Days Video Series There are 2 ways you can insure your property: Separate Together While number one is pretty common, number 2 is a little unusual. When we insure our business property and our building on the same policy (typical) sometimes there is an option to put them together. Doing so creates one master amount referred to as blanket coverage. It can all be used on the business personal items, or just the building, or a combination of the two. See the video to learn more.

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Will an insurance carrier pay for legal expenses?

By | Auto Insurance, Business Insurance, Homeowners Insurance, landlord protection, Renter' Insurance

Question 51 in 100 Insurance Questions in 100 Days Video Series In New York State (like so many others) we face the distinct possibility of being sued. Whether it’s our business or us as people. there is never a shortage of people looking to make a buck (deserved or not). That is why your liability coverage is so critical. Take a look at this video to see why it’s so.

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What’s a Declarations Page??

By | Auto Insurance, Business Insurance, Homeowners Insurance, landlord protection, Renter' Insurance, Uncategorized

Question 42 in 100 Insurance Questions in 100 Days Video Series The place to see what you are actually covered for exists on your declarations page. This is where you find out how much protection you have (or don’t have) for liability, property damage, physical damage, medical payments, and so much more. Your New York insurance policy hinges on the information displayed on these pages. If you don’t see a charge for something you hoped would be covered, it probably isn’t.

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