Knowing what kind of liability your client’s tenants’ activities will generate is important to getting them insurance coverage. Different kinds of businesses hold different levels of risk, so before you sign a new client, consider the pros and cons of the types of businesses tenants operate in your client’s building. The risk of the tenants’ businesses...

Your client, Anna, comes to you and describes the wonderful office building she recently acquired. As she is telling you about her new purchase, she explains that it is a charming small office building right in the heart of downtown—and of course she got a great deal! She already has the building fully occupied by three different businesses. The three businesses are...

In Part 1, we talked about three coverages that Anna should consider for the office building that she owns: (1) Equipment Breakdown Coverage; (2) Business Income & Extra Expense Coverage; and (3) Outdoor Sign Coverage. If you haven’t read the first part of this blog series yet, we recommend doing that before continuing.

A hold harmless clause, also known as Release of Liability, is commonly found in contracts and allows one or both parties to limit their legal liability. However, hold harmless clauses vary by state, and some states will not uphold overly broad agreements, ...

As an agent, you are always looking for “good” risk clients, whether for auto, home, or business. When it comes to Lessor’s Risk accounts, in certain situations, a property may not qualify for coverage.

Finishing operations during the wood product manufacturing process could include lacquers, varnishes, adhesives, waxes, paints, and other chemicals used for finishes and coatings. These chemicals impact the health of workers, causing headaches, nausea, dizziness, and the possibility of skin and respiratory diseases.

When working with wood products manufacturing clients, it is important to understand the risks associated with their trade and how you can help them mitigate those risks. This blog post focuses on risks associated with the dust and shavings from manufacturing wood products.

After you have identified a prospective client in your area, you may be tempted to immediately pick up the phone to set up a meeting to introduce yourself. However, it is important to conduct some research and educate yourself on the business prior to your initial meeting. This is especially true for wood product manufacturing clients as there are many risks to evaluate.

Certain types of wood products manufacturing can have a higher risk profile due to various hazards associated with their operations. This blog post includes some examples to illustrate both “good” and “questionable” risks.

When assessing a prospect’s risk level, it is important to look at multiple aspects of the business to help you determine whether it would be a good fit for your agency’s overall book of business. This could include evaluating the risk’s business operations, assessing recent workers compensation claims, and reviewing their loss control program(s).