Get Covered: 8 Times It’s Absolutely Necessary to Have Business Insurance
These entrepreneurs from YEC cover every industry from party rentals to law practices. We asked them to share surprising times when you should get business insurance and how to decide which policies are right for you. Make sure you and your company are protected before hitting the next milestone. Related Article: 9 Ways to Save Money on Business Insurance 1. When You Go Into Retail A consumer...
Read MoreRising Auto Insurance Rates
A conversation recently took place amongst my neighbors who reside in Hillsborough County, Florida. One neighbor saw her auto insurance policy increase almost $500 annually. She was told by her Florida insurance company that they took a statewide increase due to rising costs and claims payouts. While this is true, to someone not employed in the Florida insurance industry, it does seem like a...
Read MoreWhat do the Loch Ness Monster, Bigfoot, ghosts and aliens have in common?
Hello everyone. I thought I’d share some funny stories about insurance to give us all a smile for the day. What do the Loch Ness Monster, Bigfoot, ghosts and aliens all have in common? People have actually taken out insurance policies in case they suffer some kind of loss should they be attacked by such beings. A cruise line in Scotland has taken out an insurance policy in case their...
Read MoreBusiness Insurance (AKA General Liability)
As a Florida Insurance Company, I’ve noticed over the past few months that many small business owners do not carry insurance. Among the reasons they mention for not carrying it are: 1. It must be expensive 2. I don’t know where to get it 3. I don’t think I need it Many Florida Insurance Companies offer general liability insurance for businesses. Asking the fellow business...
Read MoreNew Florida PIP rules and how they affect you
You may have heard many commercials recently informing you that you have to file a claim for your Florida auto insurance policies’ personal injury protection (PIP) coverage within 14 days of an automobile accident. Most of these commercials are from attorneys who are against the new legislation, not the Florida Insurance Companies. So let’s explore one of the aspects of the bill...
Read MoreSenate panel unveils draft bill overhauling property insurance market
The Senate Banking and Insurance Committee released the rough sketches of a bill imposing massive changes on the property insurance market Wednesday, attempting to move as much of the state’s risk into the private sector as possible. As drafted, the bill: * reduces the size of the Florida Hurricane Catastrophe Fund, * allows private companies to share the risk of individual policies with...
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