Month: May 2020

Flood Risk

The Risk of Texas Floods

Floods in Texas are as sure as grazing longhorns and Friday night football games. Except floods are unwelcome and often cause major financial and property damage. Texas private flood insurance is the tool all homeowners need to protect their assets and to give peace of mind. Flood insurance is not a luxury when all you own is on the line. When You Least Expect It The flood that changes your life...
Maritime Liability

Coverage for Boating Operations

The laws that govern the seas and waterways are often different from those that govern businesses in the United States that are land-based. For maritime operations, there are requirements for insurance coverage that apply when vessels are out to see or when in port, and these are designed to address maritime liability concerns in the following areas: Boatbuilding Boat repair Commercial vessel...
Insurance Claims

Types of Insurance Claims

Many states have automotive laws that require all licensed drivers to carry a minimum amount of liability coverage against any damages an accident may cause to another vehicle or passenger. The same protection is what drive homeowners to purchase homeowner’s insurance. Regardless of the type of coverage, you will be selecting from first party coverage or third party coverage. What You Need to...

3 Alternative Risk Products That may Benefit Your Business

Sometimes traditional insurance policies don’t always support additional risks. In these instances, using an alternative risk transfer (ART) solution may be more effective. When you enact products within the ART market, companies can purchase coverage and transfer risk without using commercial insurance. If your organization bears any risk not covered by a traditional policy, ART may provide...