Did you know that it may cost less to insure a classic or antique car than a regular vehicle? This is often the case because antique cars are traditionally well-maintained and frequently left in the garage. Conversely, regular cars, which are driven more frequently, are more apt to suffer dings and the general wear-and-tear of the…
Pollution liabilities can impact almost any kind of commercial venture, from residential developments to shopping centers, commercial office parks, warehouses, manufacturers, and even organizations such as universities. (Source: ACE Group’s report “Pollution: The Unrecognized Risk of Business Operations.”) Because such exposures can be linked to ordinary operations, business managers may expect those liabilities to be…
A builders risk policy is a specialized type of property insurance designed to cover damage to buildings while they are in the process of being constructed, renovated or remodeled. It typically covers materials, equipment and fixtures in the event that any of these items suffers physical damage or loss during construction operations and may extend…
The term “inland marine insurance” sounds like a kind of boating insurance or something marine-related. It’s not. It’s misleading, yes, but it’s actually more common than you think. Inland marine insurance, which is a type of property coverage, has a long history behind it. Its origins are as old as insurance itself. Here’s a brief…
Metabolic syndrome is not one specific syndrome, but a group of related syndromes which can have a negative effect on your overall health. Generally, the phrase “metabolic syndrome” includes the conditions: High blood pressure High blood sugar levels Bad cholesterol Excess body fat around the waist (a waist circumference greater than 35” for women and…
Every year in the United States, 600,000 new businesses are started. There are many reasons people start their own small business, from a desire to be in control of their own destiny, to the passion to pursue a lifelong dream. Regardless of your reasons for starting a small business, protecting that business investment with insurance…
The recent economic recession demonstrated to many people how uncertain their financial future can be, regardless of how many assets they have. Considering this, it’s no wonder that more and more people are becoming interested in different types of insurance, including life insurance. According to the Insurance Information Institute, the total amount of life insurance premiums in…
Intellectual property is the legal concept that intellectual creations can have exclusive rights in a business sense. Intellectual property law gives small and large business owners exclusive rights over an array of intangible assets, which can range from artistic works to inventions and even corporate phrases. The role of intellectual property in business is increasingly…
Who is liable if a holiday guest gets food poisoning or drives home drunk? As millions of Americans host and attend holiday parties across the street and across the country, many may be unaware of the risks they may be taking. Party hosts need to understand their responsibilities when inviting people into their homes and serving…
The question pops up every time you buy a plane ticket. Would you like to add travel insurance? It’s not free, of course. Credit cards may offer you coverage for free, but add-on travel insurance is another matter. Is it a complete waste of money? Or can it truly save your trip? There’s no easy…
