Business Insurance

Cyber Liability Insurance – Phishing Attack and Business Interruption Real Life Claims

Chances are if you have business insurance, then you probably own a business. If you own a business, then there is a good chance that you use a computer. And, if you use a computer, then you need cyber liability insurance coverage. There are some super smart bad guys in our world. And for some reason, these [...]

Cyber Liability Insurance – Phishing Attack and Business Interruption Real Life Claims 2017-10-02T19:31:37+00:00

Ransomware Attack and Real Life Insurance Claims

A Ransomware attack, such as WannaCry and Petya or NotPetya, can happen to any business at anytime. Basically, some super smart, but not very nice computer guy hacks your system and encrypts all of your files. In order to get your computer files back, you have to send the bad guy some money. Sometimes, it's just a [...]

Ransomware Attack and Real Life Insurance Claims 2017-09-13T21:32:22+00:00

How to Protect Your Business from a Cyber Attack

Data breach, stolen identity, cyber attack, ransomware, phishing, virus, hacked. These are words that have become all too common in today's society. Almost all businesses use some form of technology, and have your information stored on that technology. Insurance companies have information about you and your family members, your autos, your home and your business. Doctors offices have information about you [...]

How to Protect Your Business from a Cyber Attack 2017-11-22T12:34:25+00:00

Replacement Cost versus Actual Cash Value Insurance Coverage

"I've heard people talk about Replacement Cost and Actual Cash Value insurance coverage. But, what do these terms mean? It's all Greek to me!" Insurance is confusing, no doubt. But, we are going to try to make the insurance jargon a little clearer, one term at a time. Replacement Cost versus Actual Cash Value (ACV) First, let's [...]

Replacement Cost versus Actual Cash Value Insurance Coverage 2017-11-22T12:27:02+00:00

My Insurance Company Is Cancelling My Insurance! Now What Do I Do?

Over the last few weeks, we have reviewed what discounts and other options may be available if your insurance costs go up. We have not yet reviewed what to do if your insurance company is cancelling your auto, home or business insurance. Especially in Oklahoma, we see a lot of clients every week with insurance policies being [...]

My Insurance Company Is Cancelling My Insurance! Now What Do I Do? 2017-11-22T12:20:54+00:00

Work Comp Audit – What Should You Know?

What is a work comp audit and why is it required? The premium you pay for your workers comp insurance policy is based on your payroll, operations and location. Initially, when you start a new workers compensation policy, you will estimate what your payroll is going to be for that year. Then, at the end of [...]

Work Comp Audit – What Should You Know? 2017-04-05T20:00:08+00:00

Contractors and the Bonding Process

Contract Bonding Process I got a phone call a few weeks ago from Conn, the owner of Conn’s Construction Company. On that call, Conn said that he had an amazing opportunity to bid a job for the City of Storybrook. In order to do so, he needs a bond. Like many contractors, Conn doesn’t know a [...]

Contractors and the Bonding Process 2017-11-22T12:12:26+00:00

Umbrella Coverage, Why Worry About It?

In today’s economy, everyone is pinching pennies.  So why worry about umbrella coverage?  Shouldn’t a home and auto policy leave you adequately covered? Unfortunately, we live in a world of lawsuits.  Large damages can be awarded, be extremely expensive and have long-term financial impact.  Those lawsuits can come from unlikely sources, such as our furry [...]

Umbrella Coverage, Why Worry About It? 2016-11-08T23:53:01+00:00

Why You Need EPL Insurance – Real Life Stories

Why You Need EPL Insurance As a hotelier, you are open to claims from hundreds of directions. Unfortunately, it's a constant challenge to know what insurance is needed. Of course, if you have a mortgage, the bank requires you to carry coverage to protect your property and their interest. Sometimes, franchise requirements require you to purchase [...]

Why You Need EPL Insurance – Real Life Stories 2017-05-08T14:08:22+00:00

Providing Past the Premium: Education

Recently we began a blog series called Providing Past the Premium. We spoke briefly about Service. When looking at insurance protection the way you are serviced should play a huge part in the company/agency you choose to do business with. Are you treated respectfully, professionally? Like a priority? Are you walked through the protection outline [...]

Providing Past the Premium: Education 2016-11-08T23:53:01+00:00