By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD “Why did my homeowners insurance premium increase? I haven’t made any claims.” When it comes to homeowners insurance, this is a common question. And often, many people don’t like the answer. When it comes to premium increases, the causes are usually external and not … Continue reading Why Are Homeowners Insurance Premiums Increasing?
Blog
Did You Know – Boating Accidents
Did you know… That in 2017, the U.S. Coast Guard counted 4,291 accidents that included 658 deaths, 2,629 injuries and approximately $46 million dollars of damage to property as a result of recreational boating accidents? What’s more, the use of alcohol was the leading known contributing factor (where a cause was known) in fatal boating … Continue reading Did You Know – Boating Accidents
Directors and Officers Liability Insurance: It’s Not Just for Public Companies
By Pat Keightley, CIC Georgetown Insurance Service, Inc. Fairfax, VA One of the biggest misconceptions surrounding Directors and Officers (D&O) liability insurance is that it’s only intended for public companies, and companies with an outside Board of Directors. While policies are more commonly written for such organizations, D&O insurance can be very necessary to properly … Continue reading Directors and Officers Liability Insurance: It’s Not Just for Public Companies
Craziest Claim of the Month – “An Explosive Idea”
Being a mechanic is tough work. Keeping track of all your gear, tools, and equipment while simultaneously working to diagnosis an issue can be hard. But in May’s craziest claim, one employee who decided to light his own way ended up encountering a fiery surprise. While working in the shop, the mechanic’s hat fell of … Continue reading Craziest Claim of the Month – “An Explosive Idea”
Personal Auto Insurance: Are Your Limits Enough?
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD “How much insurance do I need?” This is one of the most common questions we as insurance agents get on a regular basis – and it comes with no easy answer. In fact, most of us avoid answering it completely. For example, in the … Continue reading Personal Auto Insurance: Are Your Limits Enough?
The Tree Care Industry and Errors & Omissions Insurance
By Matthew Simmons, CIC & Ben H. Simmons, CLCS Georgetown Insurance Service, Inc. Silver Spring, MD A traumatic event occurred in Farragut Square on February 2, 2013. A local contractor was hired to cut down a dead ash tree on one side of the park but mistakenly chopped down a historic ginkgo tree. Not only … Continue reading The Tree Care Industry and Errors & Omissions Insurance
Did You Know – Your Pool Is an “Attractive Nuisance”
Did you know… Your insurance company labels your pool as an “attractive nuisance?” Now, you might be scratching your head wondering what that even means. An attractive nuisance is an appealing item that could be a danger to children. Pools, playground equipment, trampolines, lawn mowers, gasoline pumps, abandoned cars, and certain landscaping features such as … Continue reading Did You Know – Your Pool Is an “Attractive Nuisance”
Craziest Claim of the Month – “A Sharp Looking Tree”
For April’s craziest claim, it was just a normal day for a local tree company. Employees were busy cutting down trees and running the branches and stumps through a wood chipper. It was business as usual…that was until one tree gave them a little more than they bargained for. Unbeknownst to the workers, part of … Continue reading Craziest Claim of the Month – “A Sharp Looking Tree”