Distinguished

SEPTEMBER 17, 2024

What are some of the key factors you consider when determining appropriate coverage limits and deductibles? If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. So specific to limits, I just mentioned security.

Risk 52

Risk Broker-Agent Deductible Insurer 52

American Agents Alliance

MARCH 19, 2025

Data-driven decision making can help improve retention rates by helping agents understand policyholder behavior and make adjustments proactively, before customers shop for other options. Here are some ways agents can use data analytics to improve retention rates. The link between data analytics and retention is clear.

Agents 52

Agents Insurance Agents Insurance Agent Policyholder 52

Distinguished

DECEMBER 16, 2024

Unlike competitors retreating from the market due to aggregation risks, our Fine Art and Collectibles insurance program brings fresh capacity and a willingness to underwrite policies tailored to Californias unique challenges. Many carriers encourage clients to insure their collections with specific Fine Art and Collectibles policies.

Protection 52

Protection Broker-Agent Inland Marine Underwriter 52

Jackson & Jackson

MAY 23, 2024

For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Once you have a clear understanding of your risks, you can seek out insurance policies that provide the necessary coverage while avoiding unnecessary expenses.

Small Business Insurance 52

Small Business Insurance Business Insurance Insurer Insured 52

Distinguished

JULY 22, 2024

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

Insurer 52

Insurer Insured Insurance Policy 52

Jackson & Jackson

APRIL 28, 2024

Ensure your policy covers replacement costs rather than actual cash value, as this accounts for the depreciation of your assets. Mistake 2: Overlooking Additional Necessary Coverages Standard property insurance policies do not cover everything. How to Avoid It: Shop around and compare policies based on price and coverage.

Business Interruption 52

Business Interruption Out-Of-Pocket Expense Out-Of-Pocket Broker-Agent 52

Smart Insurance Agents

AUGUST 29, 2024

Unlike individual plans, which cover individuals and their families, small business health insurance covers a group of employees under a single policy, typically offering more comprehensive and affordable options. HDHPs feature high deductibles but lower premiums, making them suitable for pairing with health savings accounts (HSAs).

Deductible 52

Deductible Insurer Insured Insurance 52

Smart Insurance Agents

SEPTEMBER 28, 2024

A broker for medical insurance can simplify the process. In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. This guidance is particularly valuable as brokers have a legal obligation in many states to assist clients in finding the most appropriate insurance plans.

Broker 52

Broker Broker-Agent Insurance Broker Insurer 52

Word & Brown

SEPTEMBER 13, 2024

In your role as a broker and consultant for your individual and business insurance clients, you want to be sure you’re able to provide the personal service they want, while also doing what’s necessary to nurture a long-term relationship. The post 5 Health Insurance Essentials Brokers Should Know appeared first on The Insurance Broker Blog.

Broker 52

Broker Out-Of-Pocket Broker-Agent Insurer 52

Jackson & Jackson

MAY 22, 2024

For instance, a policy might cover repairing or replacing a roof damaged by a storm or the value of stolen office equipment. It protects against perils like fire, explosions, storms, and other risks outlined in the policy. A comprehensive insurance policy that includes essential coverage, such as fire, theft, and liability, is crucial.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Smart Insurance Agents

DECEMBER 9, 2024

Cost: Evaluate the premiums, deductibles, copayments, and out-of-pocket maximums associated with each plan. Before purchasing a short-term health insurance plan, carefully review the policy documents, including the terms, conditions, limitations, and exclusions. Determine the affordability and value for the coverage provided.

Out-Of-Pocket 98

Out-Of-Pocket Insurer Insured Insurance 98

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This is why making sure executives are backed by comprehensive management liability insurance is so important.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This is why making sure executives are backed by comprehensive management liability insurance is so important.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52

Word & Brown

SEPTEMBER 25, 2024

According to reporting last year by KFF (the independent source for health policy research, polling, and journalism formerly known as the Kaiser Family Foundation) data from insurers for Affordable Care Act Marketplace plans show nearly 17% of in-network claims were denied in 2021. They often include a timeline for appeal.

Claim 52

Claim Insurance Claim Insurer Insured 52

Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. – Failure to read particular policy documents. – Picking a low excess. What is Covered?

Building 52

Building Insurer Insured Insurance 52

Word & Brown

SEPTEMBER 30, 2024

The Public Policy Institute of California says nine of 10 (92%) of establishments have fewer than 20 workers. 6: Explain Policy Features: Be sure your prospects and clients understand plan deductible(s), copayments, waiting periods, creditable coverage (from a prior/existing group plan), and coverage limits.

Premium 52

Premium Insurer Insured Insurance 52

Cover4LetProperty

OCTOBER 10, 2022

That is to say, you (or your agent) are without a criminal record and have no convictions for breaching landlord laws, regulations, or codes of practice. You might also want to consult a letting agent about a realistic rent for the property you are offering. What are let property insurance brokers?

Insurer 52

Insurer Insured Insurance Property Insurance 52

Jackson & Jackson

MARCH 18, 2024

However, just like any valuable possession, protecting them with the right insurance policy is crucial. In this guide, we will explore the importance of luxury handbag insurance, its coverage, how to choose the right policy, and the steps to insure your cherished bags. “What Does Handbag Insurance Cover?”

Insurer 52

Insurer Insured Insurance Insurance Policy 52

Distinguished

NOVEMBER 7, 2024

The risk transfer is essentially from the insured to the insurer, with no expectation of reimbursement from the insured for claims paid out, except in cases of fraud or violation of policy terms. Insurance Products: In insurance, when a claim is filed, the insurer evaluates the claim based on the policy’s terms and conditions.

Claim 52

Claim Compensation Risk Broker-Agent 52

ProWriters

APRIL 17, 2024

One key step is making sure clients have adequate coverage options for bodily injury in their Cyber Liability Insurance policies. We at ProWriters can help you understand the risk, explain it to your clients, and secure the Cyber Insurance policies that provide the protection they need.

Cyber 52

Cyber Injury Liability Liability Insurance 52

American Agents Alliance

AUGUST 22, 2024

For insurance agents, it is critical to understand the implications of these new requirements and proactively communicate with clients as the changes approach. The most immediate impact will be an increase in premiums for drivers currently holding minimum coverage policies. What Should Be Top of Mind for Agents?

Auto Insurance 40

Auto Insurance Agents Broker-Agent Property Damage 40

PSM Brokerage

NOVEMBER 26, 2024

This proposed rule includes more policies to remove unnecessary barriers to care stemming from the use of inappropriate prior authorization by clarifying requirements for plan use of internal coverage criteria and proposing guardrails for the use of artificial intelligence (AI) to protect access to health services.

Policy 52

Policy Out-Of-Pocket Broker-Agent Agents 52

Distinguished

MARCH 25, 2025

In short, their value is highly subjective and requires expertise and connections beyond most insurance agents or brokers. How to Insure an Antique Duck Decoy Collection The best way to insure an antique duck decoy collection is with a specialized fine art and collectibles insurance policy.

Deductible 52

Deductible Theft Insurer Insured 52

Distinguished

JANUARY 28, 2025

As a wholesale broker, understanding the intricacies of management liability insurance is essential to effectively guide your agents and clients through the process of securing the right coverage for their unique needs. This is why making sure executives are backed by comprehensive management liability insurance is so important.

Liability Insurance 52

Liability Insurance Liability Broker-Agent Insurer 52