News & Articles: Personal Insurance

Click on an article title to view the full .pdf article.

Why You Really NEED Renter's Insurance (if You're Renting) (2021)

Where Cyber Meets Art (2021)

Is Car Rental Insurance Worth It? (2021)

 

Largest Household Workers Comp Award in CA State History (2021)  

Think you don’t need workers’ comp? Think again!  We tell our clients that if they have household employees, they very much need workers comp. It’s the responsibility of the employer to have this coverage, not the employee. Just imagine what would have happened to this family if they didn’t have it!

 

U.S Traffic Deaths Have Risen During the Pandemic (2021)  

During Coronavirus, drivers also used the empty roads to drive extreme speeds. And now, as traffic is approaching pre-coronavirus levels, the increased risk taking when driving continues.

Why You Should Consider Flood Insurance (2021)
You may be tempted to take a big chance and go without flood coverage, but the majority of 2020 flooding happened outside of flood zones.

 

How to Get an Artwork Appraised during a Pandemic (2020)

For art collectors, keeping track of the values of this asset class is important step in maintaining proper insurance values.  Here’s how you can do this remotely!

 

Chubb Launches New Report Examining Impact of COVID-19 on Homeowners and Property Risk (2020)

A third of all homeowners have put off home maintenance because of COVID-19, and 45% say that COVID-19 has reduced contractors' ability to address maintenance needs. 

Cancellation Travel Insurance Nears 100% Of Purchases for 2021 Trips (2020)

Stump Online Password Hacking Programs with Three Little Words (We liked this so much, we reposted.)
Automated [hacking] programs can handle around 100 sign-in requests per second. This means a simple word like sun could be hacked using the brute-force or common-word attack in less than three minutes. However, if your password includes two common words, hacking time increases to two months. Add a third word and the time increases exponentially to more than 2,000 years.

Parents Beware: Adding A Teen Driver Can Spike Your Family Premium More Than 215%  (2020)

Adding a teenage driver to your auto insurance can add hundreds or thousands of dollars to your premium.

Do You Need Uninsured/Underinsured Motorist Coverage If You Have Health Insurance?  (2020)

 

1 in 5 Car Crashes Caused by Cell Phones  (Distraction Continues at Least 10 Seconds After Call)  (2020)

 

These are the Worst Home Insurance Claims Mistakes  (2020)

 

Beware of Winter Driving Hazards
Over 500,000 automobile accidents occur in the United States each year due to snow, ice and and sleet.

Shun Those Cell Phones While Driving
Cell phones are considered one of the leading driver distractions. As a result, more and more communities are placing restrictions on drivers' use of cell phones.

 

Reduce Your Exposure to Mold Losses
Mold claim costs have increased dramatically over the years. According to Insurance Information Institute, the typical mold claim costs between $15,000 and $30,000, compared to only $3,000 to $4,000 for an average homeowners claim.

 

Don't Become An Auto Theft Victim
Every 30 seconds a motor vehicle is stolen in the United States. Here are some helpful tips to prevent becoming a victim of car theft.

 

Trends Impacting Liability Risk for the Affluent
The personal liability risks faced by high-net-worth individuals and families are growing more and more complex. Unfortunately, most wealthy U.S. consumers do not carry adequate coverage limits to protect their hard-earned assets.

 

Traveling This Summer? Plan Ahead With Travel Insurance!
Before you book your summer vacation, consider travel insurance to protect your trip investment if you need to cancel, to cover lost baggage and much more.

 

Hurricane Season Runs from June to November - Did You Purchase Travel Insurance Yet?
It's a wise decision to cover your vacation investment by purchasing a travel insurance and assistance plan, particularly when traveling during hurricane season.

 

Make Certain Your Antiques Are Properly Insured
Many Americans own valuable antiques, which are often inadequately insured under a standard homeowners policy.

 

Don't Blog Yourself into a Lawsuit
Blogs and postings of negative nature (even if they are true) can result in unpleasant and costly lawsuits against the author.

 

Monitor Your Teen's Driving
Automobile accidents are easily the leading cause of death for teenagers across America, according to the National Highway Traffic Safety Administration (NHTSA). For both genders, drivers between the ages of 16 and 19 have the highest average annual crash and traffic violation rates of any other age group.

 

Shopping for Insurance: Why Price Isn't Everything
Too often consumers view the purchase of insurance as buying a commodity. Failure to be aware that part of what you are paying for is the expert advice of an experienced and professional insurance advisor can result in you not having coverage when claim time arrives.

 

Safe Practices for Water Sports
Helpful safety tips for water sports enthusiasts.

 

Safety Tip: Purchase and Maintain Your Fire Extinguishers
Start your New Year's Resolution early. Be safe and prepared this holiday season. Decorating with candles and lights is beautiful but warrants some care and protection.

 

Insurance Department Offers Severe Weather Insurance Tips
Reviewing your coverage is a smart first step in preparing for the storm season. Read more from the Ohio Department of Insurance about advance planning and action steps to follow when storms cause property damage.

 

Bed Bugs, Though Lurking Under Your Covers, Are Not Covered
Bed bug infestations have increased at an alarming rate the past few years but are usually not covered under your homeowners' insurance policy.

 

Protect Your Landscape Investment
One of the more common complaints heard from insureds after a major property loss is a lack of homeowners coverage for valuable trees and landscaping. Most homeowners policies provide only limited coverage for this loss exposure - usually 5 percent of the dwelling limit subject to a maximum of $500 per tree or shrub.

 

Insurance Dept. Recommends Reviewing Insurance Coverage on Summer Fun Items
It is recommended that you check your insurance coverage on summer fun items such as boats, motorcycles, scooters, ATV's, swimming pools, and trampolines.

IOCO Guest Blogs About Insuring Fine Art for ArtLawTeam.com
Learn why you should insure your art and how simple the process is.

 

Reduce Your Exposure to Wildfires
Helpful tips to reduce your chances of a wildfire in your area.

 

'My Fair Lady' of Means
Wealth preservation and risk management views are much different between affluent women and men.

 

Take (Long-Term) Care
Don't overlook this essential part of retirement planning.

 

High-Net Worth Clients In An Insurance World All Their Own
Most high-net worth people don't realize they are high-net worth and can benefit from a high-net worth insurance solution.

 

Survey Reveals Homeowners Mistakenly Think They Are Covered
Thirty-three percent of U.S. homeowners with homeowners insurance incorrectly believe flood damages would be covered by a standard homeowners or property and liability policy, despite extensive media coverage on Hurricane Katrina victims whose claims were denied because they lacked flood insurance.

 

When You Talk Trusts, Don't Forget About Insurance
Insurance protection may be helpful when transferring assets to children, relatives, and other beneficiaries.

 

Students Should Take Time to Understand Health Coverage Options
College students and their families should consider carefully the most suitable health coverage for their needs as they would find a computer or stereo. This effort might prevent students and their families from suffering a huge financial loss due to injury or illness that could ultimately ruin their financial well being.

 

Traveling North or South of the Border?
You must have auto insurance coverage written by a Mexican agency when traveling to Mexico.