Auto rates increased an average of 9% for drivers in 2022, with 1 in 5 US drivers reporting multiple auto rate increases over the 12-month period, according to Insurify. Unfortunately for drivers and auto insurance consumers, these rate increases are expected to continue in 2023....
Insurance policies are often filled with terms that can be difficult to understand, particularly for the average insurance buyer. Of these terms, “named perils” and “open perils” are some of the easiest to confuse. When it comes to understanding what their coverage entails and ensuring...
Unexpected events like theft, vandalism or fires can wreak havoc on your personal belongings and cost you a fortune. Renters insurance is an affordable way to protect your belongings from losses—losses that can be far more costly than you may expect. We dedicate ourselves to...
Among the many decisions an employer makes when buying business interruption insurance is whether to insure ordinary payroll, and if so, for what length of time. It is important to consider and revisit this question periodically, because your business needs can change from year to...
As a leader within your organization, you want to trust your employees and the people you do business with. However, the reality is that no business is immune to the threat of crime and fraud. In fact, the Association of Certified Fraud Examiners estimates that...
Your home is one of your greatest assets and a significant long-term investment. As such, it’s vital to protect your home and its contents with adequate homeowners insurance. Nevertheless, recent research found that many homeowners lack proper coverage. In fact, nearly 2 out of every...
Inland marine insurance was once used strictly in the ocean marine industry to protect against property losses before, during and after water transfers. As the non-ocean aspect of the cargo journey developed, cargoes were transferred to barge, and the term “inland marine” was created. These...
In order for any business to be successful, it is essential that its employees possess the proper skill sets to do their jobs at a high level. Since most employees do not enter a company completely equipped to fit their new position, training is very...
Every year, people report fraud, identity theft and bad business practices to the Federal Trade Commission (FTC) and law enforcement partners. According to FTC data, more than 2.8 million people reported fraud in 2021, and 1 in 4 said they also lost money. The median...
Running a business entails a multitude of responsibilities and decisions. Whether they are making strategic choices or overseeing daily operations, business leaders are exposed to numerous risks. Management liability insurance consists of a package of policies designed to cover the exposures businesses and their leaders face....
After fielding various questions regarding bonding requirements for subcontractors on public works projects, ABC of Alabama recently asked active agents within ABC, including Byars|Wright President Gabe Clement, to provide feedback on what they are currently observing in the industry, as well as any thoughts or...
Your livelihood is dependent on the survival of your business, so it is imperative that you protect it against any potential threat —big or small. For instance, a fire could destroy your business’s warehouse and the contents inside, or a burst frozen pipe could damage...
Heat and humidity can cause several different types of heat-related illnesses such as heat cramps, heat exhaustion and heat stroke. Knowing the signs and symptoms of each type of heat-related illness will help to keep you safe on the job. Normally, the body has ways...
Choosing insurance may not be as romantic as deciding where to go on your honeymoon, but it is one of the most important things you can do as newlyweds. Although most couples are aware of the need to readdress their insurance needs when they get...
Religious organizations commonly host youth camps, excursions and other activities during the summer. Whether your organization runs single-day retreats, multiday camps or overnight outings, it’s important to have appropriate policies and procedures to keep children safe and reduce organization and camp liability. A good safety...
When it comes to renting vehicles for business use, it’s important to understand your coverage options to smooth out any surprise bumps in the road. Since coverage varies from one rental agency to the next, it’s important to know the risks and how to protect...
In today's competitive job market, it's more important than ever for companies to offer competitive employee benefits. Not only do benefits help attract top talent, but they can also help retain employees and save the company money in the long run. There are many different types...
Understanding the outside factors that impact your commercial property insurance can be complicated, particularly for those with little to no knowledge of what goes into the underwriting process. While the type of business you’re in, your location and the state of the insurance industry in...
May is Motorcycle Safety Awareness Month. This event spreads safety information about motorcycles on the road. As the weather gets warmer, the number of those driving motorcycles will increase, and with that, all drivers on the road must be more aware of their surroundings to...
An auto insurance policy encompasses many coverages that work together to help provide financial protection. One such coverage is uninsured/underinsured motorist (UM/UIM) insurance. This may help cover car repairs and medical costs for you and your passenger if the driver at fault doesn’t have enough...
