Wren Insurance Agency

AUGUST 28, 2024

While there IS a cost difference when it comes to choosing RCV on your insurance policies, when you think about having to use this benefit should the need arise, the additional cost is definitely worthwhile. Now, due to a claim (tied to a weather event, fire, theft, etc.), it would take $1,500 to purchase that same couch today.

Home Insurance 72

Home Insurance Insurer Insured Insurance 72

Scott Insurance

JULY 9, 2024

The Cost of water damage According to two of our personal insurance carrier partners, roughly 1 in 60 homeowners suffer water damage inside their homes each year, and approximately 40% of homeowners have experienced water damage at some point.

Damage 52

Damage Theft Property Damage Insurance Carrier 52

Distinguished

SEPTEMBER 25, 2024

Job sites that are under construction are prone to things like fire, theft, and vandalism. All of which can cost their property or business owners millions of dollars in losses without adequate insurance coverage. This is why the popularity of Builder’s Risk insurance is growing.

Risk 52

Risk Broker-Agent Insurer Insured 52

TGS

SEPTEMBER 6, 2023

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.

Insurance Policy 52

Insurance Policy Policy Home Insurance Personal Property 52

Risk Management Monitor

MAY 17, 2021

The payments are an easy target for cybercriminals as hackers and cyber gangs around the world have started to file unemployment claims use stolen identities. Some criminals claim benefits in the names of dead or incarcerated people, while others set up shell companies, “hiring and firing” fictitious employees to collect payments.

Claim 75

Claim Theft Cyber Crime 75

Risk Management Monitor

OCTOBER 25, 2022

With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers. A strong EPL policy and relationship with insurance carrier and broker can help during this time where unemployment may swing back the other way. Both impact the bottom line.

Risk 40

Risk Insurer Insured Insurance 40