Category: Blog

A Guide to Reduce and Prevent Workers Compensation Claims

Managing the costs of all the insurance policies necessary to ensure a business is fully protected can be overwhelming.  Specifically when rates and premiums increase even with no losses or lapse in coverage.  Workers Compensation however, offers the opportunity for a business owner to decrease their premium through the Experience Modification Rating, (EMR).  For companies that qualify for an EMR, it would be prudent to...

Social Engineering: The New Frontier in Crime Coverage

  Social Engineering, by and large not an entirely new scheme, has taken on a technological edge.  As such, it had been lumped into the category of “cyber fraud” because of this new delivery method. Previously this created a gap in coverage and insurance coverage was slim to non-existent for socially engineered crime (explained below). All of this, however, has changed.  Read below to find...

Who Needs a Personal Umbrella Policy?

Individuals looking to protect the integrity of their finances should look into the benefits of a personal umbrella policy.  Umbrella policies offer coverage over and above the limits of the underlying policy.  While this may not be appealing for cut and dry property claims, when facing liability judgments or medical expenses, an umbrella policy can be the difference between losing everything and keeping finances intact....

The Certificate of Insurance Act Provides Relief for Insureds

It is no secret that supplying a certificate of insurance to a bank, mortgage, finance company or insurance contract specialist can be a nightmare.  From exact wording that is required to additional coverage that sometimes needs to be purchased to meet requirements, obtaining the COI can be an event in itself.  Luckily for insureds the State of NJ has responded by passing The Certificates of...

Are You Running A Business From Home?

Home based businesses can offer the best of two worlds; working from home and earning a living.  In fact, over 50% of small businesses are run from homes.  But there are risks in operating your business from you home. Most home based businesses do not have the same risks as other business including buildings, employees, production machinery, or fleets of vehicles.  But, home based businesses...