Insurance Blog
Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
How to Use a Fixed Annuity for Retirement Income
Posted: March 22, 2022
How to Use a Fixed Annuity for Retirement IncomeA fixed annuity works to create income stability during retirement. These insurance contracts are designed to pay the owner a guaranteed interest rate, rather than being subject to changes in the market and interest rates. These insurance policies are purchased with a lump sum, or paid for overtime, with a guarantee from the insurance company that the account will earn an unvarying interest rate. The...
Commercial Umbrella Insurance 101
Posted: March 19, 2022
Commercial Umbrella Insurance 101Business owners put general liability insurance in place to protect against the excessive financial costs of defending claims and lawsuits. Umbrella insurance is designed to provide coverage above the limits of business liability insurance policies. This insurance takes over when your liability insurance limits have been reached. Businesses, no matter how carefully they manage their operations, can be named in several types of lawsuits. A...
Motorcycle & Boat Coverage During Winter: Laid Up vs. Canceling
Posted: March 16, 2022
Motorcycle & Boat Coverage During Winter: Laid Up vs. CancelingUnless you live in one of our warmer states, you will need to winterize and store your boat or motorcycle during the winter months. You have several options, including canceling your insurance, reducing the coverage, or increasing the deductible. What is Lay-Up Insurance? “Lay Up Insurance” is offered by insurance companies serving the northern states, where riding a motorcycle or boating over the winter is...
Does Car Insurance Cover Hail Damage?
Posted: March 16, 2022
Does Car Insurance Cover Hail Damage?We’ve all experienced it at some point. Dark gray clouds form ominously above. Thunder rumbles and lightning claps. Rain falls in heavy sheets. And then, the sky opens for Mother Nature’s angry ice dispenser. Ranging from the size of a pea to the size of a grapefruit, these ice stones can wreak havoc on fields, livestock, buildings and homes. They can also total—yes, total—a vehicle...
How to Prepare for an Employee Going on Maternity Leave
Posted: March 13, 2022
How to Prepare for an Employee Going on Maternity LeaveCompanies with over 50 employees are required, under the FMLA (Family and Medical Leave Act), to offer maternity leave for up to 12 weeks. Over that period, the person’s job is protected, and after the parental leave time has expired, the person has the right to return to the original job, without penalty in pay or position. When an employee is planning to go on...