Do I Need Insurance for Undeveloped Property?

Posted: June 16, 2021

If you own undeveloped property, does it need to be protected with a separate insurance policy? The personal insurance section of your homeowners policy may cover vacant land up to a specific limit. If a lawsuit is filed against you for personal injury on the property, the policy limit may be too low. Personal insurance can be purchased separately or is one section of your...

So You’re Hiring Your First Employee

Posted: June 13, 2021

Should I hire an employee or contractor? If you need help building your business, there are two ways to hire an extra set of hands – adding an employee or signing an independent contractor. While there are pros and cons to both, it’s important to understand the difference. Employee: An employee is hired to work for your company on a full- or part-time basis. This...

The Importance of Reviewing Your Life Insurance Policy

Posted: June 7, 2021

You have likely already completed the hard part – putting a life insurance policy in place. However, it’s imperative you review your policy (or policies) at least once a year. The review will protect you from paying more than you need to, allow you to increase your coverage, or convert a term life insurance policy to a whole life insurance policy. Why Review Your Life...

What Does Commercial Umbrella Insurance Cover?

Posted: June 4, 2021

Your business is protected by your business insurance – but is it enough? A commercial umbrella insurance policy provides coverage when a claim exceeds the limits of your other policies. This type of policy is typically quite affordable and offers a critical level of protection against losses from substantial claims or lawsuits. Do You Need Commercial Umbrella Insurance? A liability claim filed against your business...

What to Know About Building a Deck