When a fire destroyed a fifty-unit apartment complex the owners found themselves in a tough situation. Thankfully they had insurance to cover the repairs and replacement of all the damaged units and they had business income insurance, to cover the lost rents. Business Income coverage is a property coverage that is designed to pay the […]
November 22, 2019
Over the last several years, cyber liability coverage has evolved from just insurance for information technology companies to coverage that nearly every class of business should have if they don’t already. From retailers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the great security technology exposure they face. Recent state laws […]
November 12, 2019
Armstrong Insurance The Commercial Insurance Professionals We live in world where lawsuits are common. Private firms are no longer immune from litigation from employees, competitors and even the government. Management or professional liability insurance is not just good business; it is as necessary as heat and lighting for your office. Statutes, federal and state laws […]
October 8, 2019
Crime insurance is insurance to manage the loss exposures covering money, securities and other property resulting from criminal acts such as robbery, burglary, employee theft, forgery, extortion and computer fraud. This type of insurance is also called “fidelity insurance”. A crime insurance policy is designed to meet the needs of organizations other than financial institutions […]
August 21, 2019
There is no question that owning a business comes with a set of unique risks. Business risks are always changing and for your company to survive and grow you will need to manage the risks specific to your business. A well designed commercial insurance program can protect your company from financial loss and may even […]
July 22, 2019
Earthquakes occur almost every day in Los Angeles, San Francisco, Seattle and Portland with many not large enough to even be noticed. Many businesses may not give earthquake insurance much thought, but is your company prepared if a large earthquake caused devastating damage to your business’ property? Even if you do not own your building, […]
July 17, 2019
A Business Insurance Update Most business own business property and you may also own the building in which you run your operations. Property insurance protects the physical assets your company owns – such as computers, office equipment, buildings, furniture, fixtures, and other types of property. Every business should have property insurance coverage to respond to […]
July 12, 2019
Competitive Contractors Insurance Contractors insurance provides insurance and risk services to the construction industry. Insurance can play an important role in “on time and on budget projects”. If your insurance coverage is not written correctly, your business may not financially survive a loss. Your success depends on proper planning, whether you’re estimating a project, hiring […]
June 25, 2019
There are many things a business can do to prepare for the impact of a natural hazard. Developing an emergency preparedness plan may be one of the most important strategic decisions you can make as a small business owner. Your insurance company may offer resources Check with us to see if your insurance company offers […]
June 19, 2019
Cyber Risk Tools Every business owner has read about cyber breaches and how they impact affected businesses. We want to focus on how to prevent your confidential business information from ever being compromised. Cyber breaches come in a variety of forms so we will concentrate on the most popular breaches; insider breaches, payment and credit […]
June 12, 2019