Accidents can happen anywhere, anytime, and to anyone. As the owner of a liquor store, one could expect a reasonable amount of liability to come with that territory. However, in this month’s craziest claim, one business owner was left wondering what in the world had happened as his livelihood (aka liquor) started flowing out … Continue reading Craziest Claim of the Month – “Bad Luck Booze”
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Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves
National Insurance Awareness Day takes place on June 28th of each year. While experts aren’t sure who originally created it, it has now come to serve as an annual reminder for individuals and businesses to review their insurance coverage. In honor of this year’s Insurance Awareness Day, we are sharing the top four questions that … Continue reading Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves
Craziest Claim of the Month – The “Acid”ent
Swimming pool cleaning often requires the use of strong chemicals and acids. Due to their associated risk, the chemicals should never be used by anyone but licensed and trained professionals. However, even then accidents can happen. One of our clients, a pool service company, experienced just that despite having their employees undergo extensive training regarding … Continue reading Craziest Claim of the Month – The “Acid”ent
Five Tips to Help Prevent Flooding
With flooding plaguing our area and additional rainfall looming in the weekly forecast, we figured there was no better time to share five simple tips to help prevent flooding in your office or home. These preventative measures could help you avoid or minimize unnecessary damage. Clear and adjust your spouts and gutters. Gutters and drainage … Continue reading Five Tips to Help Prevent Flooding
What I thought Insurance Was, What It Actually Is, and What I’ve Learned
By Michael Crowell, Associate Georgetown Insurance Service, Inc. Silver Spring, MD When I first decided to embark upon a new career in insurance, I was all in. I plunged head first into a new career, confident that I would succeed. Expecting an adjustment period and some initial growing pains, I’m going to be honest with you…I … Continue reading What I thought Insurance Was, What It Actually Is, and What I’ve Learned
Craziest Claim of the Month – The Stowaway
One of our clients, a pool servicing company, had a crew working on a customer’s backyard pool. While they were servicing the pool, they discovered a three-foot long black snack. They put the snake into a bucket, put the bucket in the back of the van, and then went back to working on the pool. … Continue reading Craziest Claim of the Month – The Stowaway
Experience Modification Ratings – How Is It Calculated and Can You Lower It?
By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Your business’ Experience Modification Rating (EMR) directly impacts your Workers’ Compensation premiums. This blog will explain what an EMR is, what factors contribute to the calculation of your company’s EMR, and share some tips on how you can lower it. What is an Experience … Continue reading Experience Modification Ratings – How Is It Calculated and Can You Lower It?
Business Property Insurance 101
By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD When you first hear the term “Business Property Insurance” what comes to mind? Is it the building you work out of, the hardware you utilize, or the software that keeps your business up and running? Well…it can actually cover any and all … Continue reading Business Property Insurance 101