Category: Personal

Personal
// September 5, 2019

Reading Time: 3 minutes

When it comes to insuring condo units, it is important to protect not only the condo unit itself, but also any common areas and property within the community. These common spaces are usually maintained using association dues — planting flowers, mowing the lawn, removing ice and snow, etc. — and include community pools, clubhouses and…

More
Personal
// June 6, 2019

Reading Time: 3 minutes

According to 2018 National Association of Realtors research, 30% of vacation property owners and 32% of investment property owners planned to rent their homes as short-term rentals last year. As the number of properties rented on a short-term basis continues to rise, policyholders need to ensure they have adequate coverage. Coverage needs will vary depending…

More
Personal
// March 7, 2019

Reading Time: 3 minutes

A few years ago, a discussion on the topic of consumer-to-consumer e-commerce platforms would have been solely focused on websites like eBay, Amazon or Craigslist. These were the only websites people knew to access to sell old valuables or buy hand-crafted items from other consumers. Today, the possibilities are endless with more companies launching websites…

More
Personal
// December 6, 2018

Reading Time: 3 minutes

According to TimetoOrganize.com, the Professional Organizing industry is growing quickly due to increased demand in recent years from consumers. According to organization guru Sara Pedersen, “People have too much stuff, not enough space or time, and lack basic organizing skills. They desperately need professional organizers. And thanks to television shows like “Hoarders,” the topic of…

More
Personal
// September 6, 2018

Reading Time: 3 minutes

One of the most overlooked optional coverages available to investment property owners today is personal injury coverage. This coverage is typically not automatically included in homeowners or dwelling package policies issued today and instead must be added via endorsement. Take the 2002 ISO Personal Liability form (DL 24 01) as an example; while this form…

More
Personal
// June 7, 2018

Reading Time: 2 minutes

In the insurance market, like in many aspects of life, the only constant is change. The real estate market conditions, accessibility of the internet, and, ultimately, the wants and needs of insureds all impact the insurance marketplace. Sometimes carriers must be proactive and react to these changes. As a carrier and a Berkshire Hathaway subsidiary,…

More
Personal
// March 8, 2018

Reading Time: 3 minutes

Most insurance professionals, both new to the industry and experienced, put in a lot of time and effort in finding new customers. Insurance professionals will typically look for ways to get their name out in the community through referrals or through social media and will spend valuable resources such as time and money to acquire…

More
Personal
// December 6, 2017

Reading Time: 4 minutes

Home-sharing companies like Airbnb, HomeAway, Vacation Rental by Owner and Homestay are growing in popularity. Whether someone needs a place to stay for a weekend concert or a week-long getaway, these short-term rentals give travelers a unique experience. Among all of the rental websites available today, Airbnb is one that has been significantly increasing in…

More
Personal
// September 7, 2017

Reading Time: 3 minutes

Picture this: You are driving to the office and notice the driver in the car next to you is looking down at their phone as they approach the back of the vehicle in front of them. They are able to look up just in time to brake, and an accident is averted. Unfortunately, this same…

More
Personal
// June 6, 2017

Reading Time: 5 minutes

With the change of seasons comes the challenge of new weather events. During the summer months, severe storms have the potential to cause extensive wind, hail and rain damage. So far this year, spring storms have produced wind speeds greater than 65 miles per hour (mph) in Michigan; nearly 60 mph in Toledo, Ohio; and…

More
Personal
// March 13, 2017

Reading Time: 4 minutes

In recent years, American households have increasingly become a blend between homes and offices. It’s believed that more people are working out of their homes now than ever before. For some, it’s a way to supplement their income. For others, it brings in enough funds to make a successful living. Direct sales consultants, also known…

More
Personal
// December 8, 2016

Reading Time: 3 minutes

“In a lawsuit, where damages can run to millions of dollars, [homeowners and auto liability] limits are simply insufficient,” says Ray Martin of MoneyWatch. He goes on to explain that insureds can lose their life savings in a large claim. A financial loss could significantly damage their reputation, finances and career. The same article encourages…

More