What Types of Business Insurance Do I Need for Natural Disasters?
In Utah, a state known for its diverse geography, businesses face a variety of natural disaster risks, from wildfires and flooding to earthquakes and extreme winter weather. Protecting your business starts with understanding the types of business insurance available to you as well as the specific risks that your business might face. Risks for Utah […]
5 Ways that Restaurants Can Prepare for Summer
Restaurants can prepare for summer in a variety of ways that can help entice customers to their business and keep returning. Summer is always a good time for the hospitality industry. Likewise, as the sun gets brighter, temperatures get warmer, and people go outside and visit their favorite hot spots. For many people, this includes […]
The Cost of Insurance Fraud
According to the Insurance Research Council, 24 percent of Americans view claim padding behavior as acceptable, and 10 percent of Americans believe insurance fraud doesn’t hurt anyone. However, the Coalition Against Insurance Fraud estimates that fraud may cost insurance consumers $29 billion a year. Why should that matter to you? Because customers end up absorbing […]
Benefits of an Insurance Rider
There are a number of benefits to adding a rider to your homeowners insurance policy. Increased coverage: Most home insurance policies contain “sublimits.” A sublimit is essentially a limit within a limit. For example, you may have a $100,000 limit in personal property coverage for your belongings. But your limit on jewelry may be $2,500. That […]
5 Strangest Cases of Insurance Fraud
Did you know that insurance fraud costs insurance companies (and ultimately consumers) more than $50 billion dollars each year according to the FBI? This equates to approximately $500 in increased annual premiums to each one of us. Plus, when you start adding in lost productivity for businesses, ruined family finances, and the cost to investigate […]
Does my credit score affect my insurance premiums?
What does my credit rating have to do with purchasing insurance? Everyone knows that credit scores are an evaluation of your payment history on a variety of consumer debt items like your home, credit cards, auto loans, etc. Credit scores are also used for a variety of other purposes such finding a place to live, […]
5 Strangest Insurance Policies Ever Written
Insurance doesn’t only just have to be for protecting your home, auto, family or your business. Insurance is available for protection against almost anything as long as it poses a potential financial impact and you are willing to pay the associated premiums. Below are five examples of the most unusual types of insurance policies ever […]
Ensuring Your College Students have Proper Insurance Coverage
With most college students living in a dorm or off-campus housing, it’s imperative they review their family’s insurance policies to ensure they have insurance coverage for their possessions. With expensive electronics, sports equipment, and furniture inside of many student apartments, it’s important to make sure you have coverage for those items. Unfortunately, for many of […]
