What is Umbrella Insurance?   From IIABA’s Trusted Choice website   Umbrella Insurance Policies Provide Extra Protection A rain umbrella protects you from getting wet, but doesn’t stop the raindrops from falling. Umbrella liability insurance is similar in that it cannot prevent accidents or mishaps, but can make those things less devastating financially. Your primary insurance coverage, like your homeowners and auto policies, includes liability coverage up to a certain limit. Liability is your legal responsibility to pay for damage to a person or to a person’s property. An umbrella policy increases your liability coverage substantially—more types of claims are…

Getting Married?  From our friends at Trusted Choice Getting married and embarking on a new life together is one of the most exciting experiences in two people’s lives. It’s a time of hope, promise, romance and … reality. Whether a couple is planning their wedding or deciding where to live, there are a lot of decisions to make before saying “I do,” especially when it comes to insurance. Whether a walk down the aisle is in your future or you’re a newlywed, there are numerous insurance issues that come with being Mr. and Mrs. To keep them all straight, your…

In an article published by the Insurance Journal, four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years. Topping the list for the most common claim is burglary and theft, however, the most costly claim for a small business is reputational harm, which includes libel, slander and violation of privacy. Burglary and theft affected 20 percent of small business owners in the past five years. However, burglary and theft ranked lowest out of the top 10 most costly claims, averaging $8,000, compared to reputational harm claims, which cost $50,000 on…