While most are focused on COVID-19 impacts right now, there remains a need to educate on insurance pitfalls unrelated to the current situation. While I’ve previously addressed issues facing property owners, insurance for contractors is another area with great variability in coverage options. Except for very large companies, few contractors have an internal risk management … Read more

If you can upgrade your car’s safety features, great. If you can take a few advanced driving courses, even better. And of course, there are loyalty and age-related discounts that automatically kick in overtime. But what are some easy ways to get your premiums down quickly?   Affiliation/Affinity DiscountsAffiliation and affinity discounts are those offered … Read more

In general, flood coverage is only needed if you have a mortgage on your home and you reside in an area that is considered high-risk for floods. However, you should still consider getting flood coverage even if you don’t meet either of these requirements. Most standard home insurance policies do not provide coverage for flooding. … Read more

There is no underestimating the grip that COVID-19 has on our society right now. Most insurance questions I’m fielding are focused on the COVID-19 impacts to businesses and households. But, amongst this backdrop, I have been encouraging my clients to take a step back because such a narrow focus can distract policy holders. COVID-19 has … Read more

Have you ever driven by an old abandoned factory or warehouse only to see a security car parked in the lot? The place may have no employees, nothing on the premises worth stealing, but they still have a security guard. That’s because the presence of security means that the owners of the property are saving … Read more

Three Axioms of Insurance Many consumers approach purchasing insurance as a commoditized activity.  They reach out to a broker or two, look at a few options based on price and high level coverage outlines, and then make as intelligent of a decision as possible. The COVID-19 event is a sobering reminder of 3 key axioms in … Read more

If you’re like most drivers, you want to get the best auto insurance possible at the lowest price. Fortunately, finding a good and low-priced insurance plan doesn’t have to be difficult. Read this article to learn about how to get affordable car insurance.   1. Claim Your Discounts One of the most effective ways that … Read more

Being an entrepreneur is no piece of cake. You are going out on your own, venturing into a new industry and the future is unknown. Many factors will contribute to whether your new business will be a success or not. One of those factors is whether you purchase comprehensive business insurance from the get-go. Below, … Read more

High value items will be covered under a typical home insurance policy, but not past a certain dollar amount, unless your policy includes special provisions.     Different insurance companies may have different limits, but generally it breaks down something like this: $1,500 per item $3,000 for combined value If the value of any item … Read more

Why El Paso businesses impacted by the pandemic should consider filing a claim even if the chances of an award seem slim Insurers say policies may cover; YMCA head hopes By David Crowder / El Paso Inc. staff writer   Our principal, Shane Lipson, was interviewed by El Paso Inc. about how business owners can address losses … Read more