Heavy rain, storm surge, hurricanes, and other severe weather events can lead to devastating floods that cause extensive damage. According to the Federal Emergency Management Agency (FEMA), flood damage totaled over $8 billion in 2019 and many of the affected areas are still recovering from the impact. After a flood hits your home or business, you’ll want to assess and
Boat insurance may help cover a motorboat or large sailboat if it’s stolen, in an accident, or damaged by a covered peril like fire or lightning. Boat insurance may also help protect you if you accidentally injure someone or damage their property with your boat. What about rowboats, canoes, and small sailboats? Small crafts like canoes, rowboats, and small sailboats may be
Fifty-three percent of contractors report that professional positions – project supervisors, estimators and engineers – are difficult to fill1. Timelines, change orders and contract administration add to your concerns. The need for a knowledgeable, specialized insurer is paramount to your success. Our Risk Control, Underwriting and Claim professionals, dedicated to your industry, are skilled in helping you better manage complex
Small Business Insurance Products & Solutions Maybe it began as a hobby, or a bold career move. You started your business for a reason and made a significant investment. Business insurance helps to protect your investment from the financial impact of unexpected events, such as an employee injury, a lawsuit, a natural disaster or a man-made event. MVR Insurance Agency
Important News from The Big I New York Gov. Andrew Cuomo has again extended an order that prohibits insurance carriers from terminating some policies and requires them to be lenient with policyholders suffering financially from the COVID-19 pandemic. The requirements, which were scheduled to expire on June 6, will remain in place until June 28th. The governor issued an executive order on March 29 that
Personal auto insurance customers will receive a 15% credit on their June auto premiums, adding to credits fromApril and May NEW YORK, May 29, 2020 –The Travelers Companies, Inc. (NYSE: TRV) today announced it is extending its Stay-at-Home Auto Premium Credit Program, giving its U.S. personal auto insurance customers a 15% credit on their June premiums. The company is already
It’s a good idea to review your insurance coverage at least once a year to ensure that your family and belongings are appropriately protected. You’ll also want to review your coverage any time you’ve made a major purchase or experienced a significant life event, such as getting married, buying a house, sending your child off to college or receiving an
Great news: the Shelter-in-Place Payback is being extended through June 30, 2020, for personal auto customers. U.S. residents can also receive free Allstate Identity Protection for the year by signing up by June 30. There are a few differences from previous paybacks – read on to learn more. We led the industry by providing customers with a payback program, and
New York Personal Auto Customer Relief Refund With social distancing and stay-at-home orders, we’re seeing fewer drivers on the road which means a reduction in accidents. With this in mind, last month we announced the Safeco Personal Auto Customer Relief Refund . In addition, New York personal auto customers who purchase a Safeco new business private passenger auto policy between May 1
Let’s say you started your business 5 or 10 years ago with just a small space. Now you have a large office or maybe a full retail space serving customers on the premises. If you still have the same insurance coverage you did when you started, the chances are, you are underinsured. To make sure you have all of your