Category: Blog

Your Experience Mod Is Your Workers’ Comp Identity

It is a fact that many employers actually overpay for their workers’ compensation premiums.  According to the latest reports, employers are paying around 20% more in surcharges than they need to. Most surcharges come from increases in the experience modification factor (mod). The experience mod is a factor unique to each employer. In simple terms, this formula is designed to compare a specific employer’s historical...

Three Insurance Coverages For December

These coverages also benefit you throughout the year As we are in the height of the Holiday season, and winter has arrived, we thought it might be good to review three specific personal insurance coverage’s  which you may need for the month of December.  You will need these personal insurance coverage’s all year around, but claims tend to increase in the winter months. Personal Umbrella...

Five Questions To Ask Your Broker

There is a growing trend that involves the idea that insurance agents are different. And that when selecting your personal insurance, it pays to use an agent who has experience, knowledge and the services you need. Your agent should have many years’ experience in the industry. They should have a staff that has the knowledge and experience to handle your individual personal insurance concerns and...

How To Build A Good Relationship With Your Insurance Company

Commercial insurance is about developing relationships between the insurance company and the customer, or business. The more your insurance company knows and understands your risk, the lower your premium will likely be. Unlike personal insurance, commercial insurance premiums are developed using some level of individual judgement on the part of the underwriter. Underwriters can credit your premiums by 25% in most cases. Here is what...

Every Business Needs A Disaster Plan

You have invested a great deal of time, money, and energy into your business in order for it to be successful.  Part of every successful business is having a plan in place if a disaster should happen.  According to the Small Business Administration, 25% of businesses do not re-open after a disaster.  Most of these failed businesses did not have a disaster plan in place....