Key takeaways A certificate of insurance (COI) provides proof that insurance coverage is in force at a specific point in time. COIs are commonly needed in contracts, leases and vendor or contractor agreements. A COI summarizes key [...]
In general, if your pool is damaged by a covered peril, it will be covered under your homeowners insurance policy. The way your policy is written will determine whether your pool is considered part of your home [...]
Wildfires can pose particular dangers to both lives and property because they often begin unnoticed and can spread quickly. According to the Insurance Institute for Business & Home Safety (IBHS), windborne embers present a significant threat [...]
Many contracts involving the sale or exchange of goods and services may require surety bonds. This scenario applies beyond construction to include service contractors, manufacturers, underground utilities operations, building materials suppliers and installers, and retailers and wholesalers. [...]
Many business owners today don’t think about it once their policy has been issued. But that may be a critical mistake. In fact, an estimated 22% of small businesses are underinsured. Especially when a small [...]
For the past 25 years, many companies have been successful in effectively improving workplace safety. According to the 2014 National Council on Compensation Insurance (NCCI) report, claim frequency has declined at an average rate of [...]
Many renters don't realize how much they could benefit from having an insurance policy that can help protect their valuables in a life-changing event like a fire or theft. If you assume that damage to your property [...]
Recent innovations in construction equipment can provide contractors with new capabilities, while helping to enhance safety and productivity. Industry trends such as skilled worker shortages, volatile energy prices and equipment theft can help incentivize contractors [...]
When you’re planning a vacation, you’re probably thinking about booking a flight, a hotel and maybe a rental car. While you’re in the process of all that planning, it’s a good time to consider another [...]
You don’t need to be an insurance expert when you set out to buy your first home, but it can be a challenge when you come across the terms “homeowners insurance” and “mortgage insurance” for [...]
