The Insurance Docs, LLC

The important thing is not to stop questioning. Curiosity has its own reason for existing. -Albert Einstein

Energy and persistence conquer all things.
Benjamin Franklin

Equipment Breakdown 101.

Equipment Breakdown: 4 Coverage Details to Discuss with Your Clients As more and more businesses rely on mechanical and electrical equipment—and system interdependency and complexity increases—equipment breakdown insurance is a must-have coverage for today’s commercial client.

A commercial auto insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.

For Many U.S. Communities, There’s No Easy Path to Safety From Disasters

For Many U.S. Communities, There's No Easy Path to Safety From Disasters As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest for those needing to

With integrity, you have nothing to fear, since you have nothing to hide. With integrity, you will do the right thing, so you will have no guilt. Zig Ziglar

Checking Out: Carriers Grow Wary of Hotels/Motels

Checking Out: Carriers Grow Wary of Hotels/Motels This spring, MGM Resorts informed federal regulators it might pay up to $800 million in liability lawsuit settlements stemming from the 2017 mass shooting in Las Vegas—$751 million of which would be covered by insurance, according to MGM.

Renting a Self-Storage Unit? Here's 7 Ways to Prevent a Disaster

Renting a Self-Storage Unit? Here's 7 Ways to Prevent a Disaster Storage units are convenient and affordable, but should you use them to store a treasure you can't replace?

Motorcycle insurance is a way of sharing the risks of riding between you and your insurance company. The way it works is simple. You pay a set premium to an insurance company for coverage. In return, the company promises to pay for specific financial losses that might occur during the term of the policy.

Insurance Driving Up Total Cost of Risk for Businesses

Insurance Driving Up Total Cost of Risk for Businesses Businesses and organizations paid nearly two percent more in 2018 than they did in 2017 to cover the total cost of risk. Reversing the trend of falling

70% of New College Grads Would Prefer to Start Own Business

70% of New College Grads Would Prefer to Start Own Business The entrepreneurial spirit in America is alive and well. As they prepare to enter the workforce, seven in ten (70 percent) young adult job seekers say the freedom of being their own boss is worth more than the benefit of job security working for ...

What lies behind you and what lies in front of you, pales in comparison to what lies inside of you. Ralph Waldo Emerson

Love It? List It: Helping Homeowners Create a Home Inventory

Love It? List It: Helping Homeowners Create a Home Inventory This hurricane season, 7.3 million single- and multi-family homes along the Gulf and Atlantic Coasts face $1.8 trillion in potential reconstruction costs from storm surge damage, according to CoreLogic.

Aging in Place: Help Clients Protect their Accessibility Renovations

Aging in Place: Help Clients Protect their Accessibility Renovations Our homes are a special place, both financially and emotionally. In addition to often ranking as an individual’s largest financial asset, the home holds decades of loving memories of growing up or raising a family for many homeowners.

Having primary rental car insurance can save you time, money, and stress — here are the top credit cards that offer it

Having primary rental car insurance can save you time, money, and stress — here are the top credit cards that offer it Some travel credit cards offer primary rental insurance, which covers you for theft or damage without filing a claim with your own insurance.

Too Little, Too Late: Underinsurance in the Homeowners Market

Too Little, Too Late: Underinsurance in the Homeowners Market Underinsurance could be more common—and devastating—than you think, according to the 2019 Insurance Coverage Adequacy Report from CoreLogic®, which examines potential reconstruction cost-related underinsurance issues in four U.S. regions exposed to natural hazards.

Today you are you! That is truer than true! There is no one alive who is you-er than you! Dr. Seuss

Normally, it is difficult for businesses or general contractors to work without general insurance. General liability insurance is intended to guard operators and owners of companies against claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.

The Reasons Why Millennials Aren't As Car Crazed As Baby Boomers, And How Self-Driving Cars Fit In

The Reasons Why Millennials Aren't As Car Crazed As Baby Boomers, And How Self-Driving Cars Fit In It has been looking gloomy that the latest generations are not buying cars as much anymore and also eschewing driving, for which there are some crucial underlying causes that are identified in this piece and furthermore the future will be different once the advent of driverless cars occurs.

Are You Prepared to Overcome the Financial Impact of a Natural Disaster?

Are You Prepared to Overcome the Financial Impact of a Natural Disaster? Take a few practical steps now to be ready just in case.

Starting a Coaching Business Isn't Easy. Here's How to Do It Successfully.

Starting a Coaching Business Isn't Easy. Here's How to Do It Successfully. Ignore what you've been taught.

I can calculate the motion of heavenly bodies, but not the madness of people. Isaac Newton

Tricks Of The Trade: Insuring Residential Rental Property

Tricks Of The Trade: Insuring Residential Rental Property We are often asked how to best own rental real estate. The answer is “not in your personal name, and not in the name of a Revocable Trust or Land Trust that is considered to be owned by you for state law creditor purposes.”

Business interruption insurance is critical if your business suffers a property loss that could cause the business to slow or close down while repairs are made. This may mean a complete or partial revenue loss depending on the time frame and the damage. From the time the loss occurs until your business is running again, insurance can replace your lost profits, and provide a source of money to pay your necessary continuing expenses, like rent, payroll, taxes, etc.

From Confined Spaces to Big Buildings, Drones Take On Riskiest Jobs

From Confined Spaces to Big Buildings, Drones Take On Riskiest Jobs Here's a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank

My parents made me call car-insurance companies when I was 16, and it taught me a lesson I still live by

My parents made me call car-insurance companies when I was 16, and it taught me a lesson I still live by At 16, calling up car-insurance companies for quotes is pretty boring. But it taught this author an important lesson she still lives by.

The art of delegation is one of the key skills any entrepreneur must master. Richard Branson

Umbrella policies offer inexpensive “peace of mind” for most types of negligence claims. Automobile accidents are probably the most common source of serious claims. This policy supplements your basic automobile liability with extra million-dollar layers of protection. It also covers other types of catastrophic claims such as a neighbor’s child drowning in your pool or the delivery man being seriously injured by falling over your child’s toys.

Senators’ Flood Insurance Measure Includes Premium Cap, Mitigation, Claims Reforms

Senators' Flood Insurance Measure Includes Premium Cap, Mitigation, Claims Reforms A bipartisan group of U.S. senators from coastal states — including three running for president– unveiled a comprehensive flood insurance reform measure

Did you know that your homeowners insurance does not cover flood damage? Insurance against flood must be obtained separately. A flood insurance policy also reimburses you for the work that you and other family members did to sandbag your homes, move furniture and remove debris.