A properly-maintained fire suppression system is an important part of any commercial kitchen’s equipment if they have grills or deep-fat fryers. Cooking releases grease into the air, and it collects on surfaces which can spread an open flame quickly. Just one of many suppression system manufacturers is ANSUL, a term used to describe a variety…
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Most property insurance policies contain a coinsurance provision. This provision requires the insured to insure their covered property up to a specific percentage of the total value (normally 80%, 90% or 100%). If your insured does not carry adequate property limits, they could be underinsured and in for a most unpleasant surprise called a Coinsurance…
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Lessor’s Risk Liability is an important part of a building owner’s insurance package if they lease space to others. Tenants need to carry commercial liability for their operations. However, their policy won’t protect the building owner for claims not involving the tenant. There are many types of incidents that could occur such as tripping and…
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An Additional Insured Clause can be an important part of your Commercial General Liability Insurance. If you hire independent contractors / subcontractors to do work for you, your business should be added as an Additional Insured with Waiver of Subrogation to their Commercial General Liability. A few examples are: Construction General Contractors hire independents for…
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There are some unique things to consider when insuring Beauty Salon clients. Are they the salon owner or an independent contractor (booth renter)? Do they have employees? Are the employees part-time or full-time? What kinds of services do they provide? Are they hair stylists, massage therapists, nail technicians, electrologists etc…? What kind of equipment does…
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The construction industry is in full swing and new townhomes, condos, and tract homes are going up everywhere! Why then, do so many insurance companies either limit the number of townhomes, condo’s or tract homes your contractor can work on, or decline to write a General Liability policy for them outright? The answer of course…
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