Insurance

Whether you have just a few assets or own multiple homes, automobiles, and businesses, insurance coverage is vital. Protecting your assets, managing risks, and making sure you have the best coverage for the best price is part of our daily goal here at InsuranceHub. We enjoy getting to know each of our clients and helping them identify the insurance coverages that are right for them. We can’t see the future and we don’t know when disaster will strike, so it’s essential to be prepared for anything.

We understand that you need a policy that’s crafted to protect you from your specific risks, not just a one-size-fits-all plan. You’re one of a kind, so your insurance policy should be, too! Our goal is to not only make insurance easy but also to become a trusted advisor and partner to each and every client. We can help you pinpoint all of the risks that you face, and we can help you get the coverage you need to be protected from them.

There are a lot of different ways that inland marine insurance can be used.

The oxymoron that is inland marine insurance and why it’s important

June 6, 2021September 6, 2017

Question: What’s inland marine insurance?

Follow-up question: Does it have anything to do with boats, by chance?

Welcome to the world of confusing insurance terminology! Inland marine insurance is a way for businesses to fill gaps that might be in their coverage. Coverage gaps are not good for businesses – you wouldn’t carry an umbrella with holes in it into a rainstorm, would you? Nope. So, the point is that you need to make sure that you don’t have any gaps in your business insurance. Some aspects of your business might not be covered elsewhere in your insurance plan, and that’s where inland marine can help. We’ll explain how.

Protect your identity: Helpful tips to prevent identity theft

June 6, 2021August 28, 2017

You probably know someone who’s been through the terrible, frightening experience of identity theft. There are plenty of ways that identity thieves get a hold of people’s personal information, and they’re extremely creative and adept at doing so. Lots of people don’t even realize that their identity has been stolen until they receive a bad credit report or notice charges that they didn’t make.

Identity thieves can get your personal information from Dumpster diving, scamming you online with emails or pop-ups (called phishing), changing the address that your credit card bills are sent to, impersonating authorized personnel to get your information from financial institutions, or physically stealing it by snagging your purse or wallet. They take your information for a variety of reasons, including opening bank accounts, getting a loan, stealing your money from an ATM, or getting documents like driver’s licenses.

Identity theft can happen to anyone at any time, so it’s important to be prepared and do what you can to prevent your information from being compromised. We’ve got some tips that will help you protect your identity—and spare you the headache that comes along with sorting out a stolen identity.

Bailee insurance protects your clients' belongings while they're in your care, custody, and control.

Does my business need bailee insurance?

June 6, 2021August 23, 2017

As a business owner, you know that you need to make sure you’re protected from all potential risks. Your building is covered by property insurance, your employees are covered by workers’ compensation insurance, your clients are covered by general liability. But what about the things that don’t strictly belong to you? If your business stores, cleans, repairs, services, or otherwise holds on to your clients’ property, you’re instantly put at risk. If you do computer repairs, for example, chances are that your client wouldn’t be too happy if your sprinklers went berserk and fried their laptop, would they?

To protect your business from the risk that comes along with keeping your clients’ possessions in your care, custody, and control (basically a fancy way of saying they’re trusting you to keep their belongings safe) you might want to consider bailee insurance.

A claim can be denied for a variety of reasons.

5 tips to keep your home insurance claim from being denied

June 6, 2021August 14, 2017

Filing a home insurance claim can be daunting. The reason that you have home insurance in the first place is to help you replace things that have been destroyed by factors outside of your control. It protects you from losses. Getting the insurance and paying the premiums is easy. Filing a home insurance claim and getting it approved can sometimes feel like another story.

When you’re filing a home insurance claim, it’s important that you keep a few things in mind to make sure that you get the payments that you need to rebuild what you’ve lost. Just because you fill out the paperwork doesn’t mean that the money will magically appear in your bank account. The claim could get denied, which is something that you don’t want to happen. If your claim is denied, you’re kind of back where you started.

To make sure that your claim isn’t denied, make sure that you keep the following tips in mind when you’re working through the filing process.

Helpful tips for insuring your priceless jewelry, art, and other valuables

July 2, 2021August 7, 2017

Take a wander around your house. Or, if you’re not at home, take a mental tour of your home. Chances are there are a lot of expensive things that you’ve forgotten are there – they’re just a part of your home, so you don’t really think about them anymore. It’s not like you dwell on how fancy the décor at your home is, or how expensive the silverware was. Your valuables are just, you know. There.

But the thing is that these valuables might not have enough insurance coverage through your home insurance policy. For example, the limit of coverage for jewelry is often $1,000, and the limit is often $2,500 for silverware. Plus, a home insurance policy might not cover the loss of these valuables due to theft, accident, or natural disaster – it really depends on your policy. Would that be enough to protect all the jewelry and silverware that you own? What about your artwork? Heirlooms?

You know you need to make sure to protect your jewelry and valuables from theft, but to make sure that your valuables are protected from anything that life could throw at you, we’ll go over your options for insuring your belongings.

Have you read through your insurance policy lately?

Understanding the nitty-gritty of your insurance policy in 6 steps

June 25, 2021July 31, 2017

Yep, trudging through the entirety of your home, auto, or life insurance policy is probably not exactly your idea of a good time. Big words, stuffy language, long sentences…oodles of fun, right? Oh, yeah. Insurance policies. Good stuff.

As daunting as the task may seem, reading through your policy is actually very important when it comes to making sure that you have the coverage you need for your family. Your policy spells out the agreement between you (the insured) and your insurance company (the insurer) and explains who’s responsible for what if you’re faced with a catastrophe.

Whether it’s your home insurance policy or your auto insurance policy, you need to make sure that you know what’s going on in that very important legal document. You never know when it’s going to come in handy. To help you out with that little bit of homework, we’ll take a piece-by-piece look at each section of your insurance policy so that you’re in the know when it comes to your insurance.

It's important to make sure that you've got the right motorcycle insurance.

What you need to know about motorcycle insurance, safety, and saving cash

June 30, 2021July 24, 2017

Riding a motorcycle is a lot different than driving a car. While cars aren’t without without their risks, motorcycles have an even more dangerous reputation. The motorcycles you see zooming by on the road might look cool, and yes, it might be more fun to ride a motorcycle than to be trapped inside a car. But the truth is that motorcycles are far more dangerous than cars, which is why you need motorcycle insurance.

If you’re a motorcyclist or if you’re thinking about buying your dream bike, you need to make sure that you have adequate coverage for all the risks that come with hitting the road with two wheels instead of four. We’ll go over the types of coverage you need for that shiny new bike. We’ll also give you some tips on how to save on your motorcycle insurance and how to stay safe on the roads.

From the Desk of Jim Lloyd: The InsuranceHub Journey

June 6, 2021July 20, 2017

When I look back on the insurance industry, I can’t help but notice how fast things are changing. Today’s insurance world isn’t the same as it was even fifteen years ago, and I think it’s those changes and my observations over the years that have inspired me to share my thoughts on our blog (that and my marketing director said I should.) I’ve been in the insurance and small business world for a long time – just don’t ask me how long! My business, InsuranceHub, has been on quite the journey since we’ve started, and to kick off this new section of our blog I thought I’d reflect on how we got to where we are.

What’s the difference between cancellation and nonrenewal?

June 6, 2021July 19, 2017

When it comes to your business insurance, it’s important to have the right coverages. But what does it mean if your policy is nonrenewed or canceled? They might sound the same, and it might seem like they have the same outcome – you don’t have business insurance – but they’re actually two different things and happen for different reasons.

So, let’s take a look at what these two scenarios mean for your business.

Is your workers' comp claim compensable?

How to know if your workers’ comp claim is compensable

June 6, 2021June 29, 2017

Workers’ compensation insurance can be a real lifesaver for a business if an employee gets hurt or becomes ill because of their job. It’s a way to protect them and make sure that they’re provided for if something happens to them on the job. Safety should always be a priority at the workplace – along with helping you and your employees avoid injuries, this will help you lower your workers’ comp premiums as an added bonus.

Anyways, if something happens on the job, you may not necessarily be to blame for the accident or injury, but you were the one requiring the employee to be there. Thus, workers’ comp insurance is there to take care of your responsibility to the employee. If you’re in the position of handling a workers’ comp claim and you’re not sure if it’s going to “count” as a claim, keep in mind that there are a few criteria to be met for a claim to be compensable. (Compensable basically means that the employee is eligible to receive workers’ comp benefits because of their injury.)

So, what are these magic criteria, you may ask?

We’ve broken the requirements into three questions below to help you figure out where your workers’ comp incident stands.