Osprey

Winter Weather: Staying Ahead of the Forecast Depending upon where you live or work, winter weather can be more than an inconvenience. Freezing temperatures, snow and ice build up, and severe storms or blizzards can wreak havoc upon property — both homes and businesses. Even in areas not traditionally impacted by winter conditions, it’s best to be prepared for the worst by staying ahead of the forecast. We offer several tips here....

What is Personal Umbrella Insurance? Most people have standard insurance policies to protect their personal assets, like homeowners, auto, and life insurance. However, these coverages do not account for the many sudden things that can happen over the course of your life. Accidents happen, people make mistakes, and sometimes there are major costs associated with these unforeseen events. Fortunately, you can add personal umbrella insurance to supplement your other policies and add an extra layer of protection to your assets. Personal umbrella insurance kicks in when your liability coverage on other policies is exhausted. For example, if you were to be involved in an automobile accident, you could be responsible for damages and/or injuries. Your umbrella policy will cover resulting liability that exceeds the amount covered by your existing standard policies. Personal umbrella policies can also be written to account for damages associated with events not covered by your other policies....

Home-Based Business Insurance: FAQs What is Home-Based Business Insurance? A home-based business is any business that is centered in the home. As of 2018, there were 30.2 million small business in the United States, and 50% of them were home-based. As business becomes increasingly digital-first across industries, more professionals are choosing to operate out of their homes. Working from home offers a variety of benefits, including flexibility, cost savings, tax benefits, and eliminated commuting time....

Considerations for Choosing Food Business Insurance Coverage Every business needs insurance, regardless of industry. When it comes to businesses that prepare and serve food, there is a great deal of risk involved. That’s why it is critically important that these businesses have all of the necessary insurance products in place to protect themselves....

What is Covered by Professional Liability Insurance? Everyone makes mistakes, and so do businesses. One oversight can lead to thousands of dollars in costs associated with a lawsuit and/or settlement. That is why it is absolutely essential to protect yourself and your organization with robust professional liability insurance coverage. Read on for more on professional liability insurance and common mistakes it protects against....

Event Insurance: FAQs What is Special Event Insurance? Special event insurance protects businesses and individuals when they host activities that fall outside of the scope of the general liability insurance coverage. It is a specialty insurance policy designed to indemnify the policyholder and/or host from certain claims associated with accidents or other issues that might occur during an event. Policies vary based on specific needs, but generally, special event insurance offers protection for the host against damage to the facility, bodily injury, alcohol-related incidents, and issues caused by weather....

Considerations for Choosing Commercial Insurance Coverage Commercial insurance coverage is critical for any business. Assets and employees need to be protected. Without coverage, businesses are exposed to a range of serious issues. There are various types of coverage, and some are more relevant to specific industries than others. Consider the following when outfitting your business with commercial insurance coverage....

Liquor Liability Insurance Coverage: FAQs Selling, manufacturing, and serving alcohol can bring about a certain amount of risk for any business. Intoxicated people can cause serious property damage and/or bodily injury to themselves or other people. It is essential that businesses that handle alcohol in any way have comprehensive liquor liability coverage to protect themselves from financial responsibility should an incident occur. Read on for FAQs associated with liquor liability insurance coverage....

5 Tips for Choosing Insurance for Your Nonprofit Organization Choosing insurance for your nonprofit organization can seem like a daunting task. There are many things you need to consider when choosing the right insurance products to safeguard your organization against liability, such as number of employees, geographical location, and whether you work with volunteers. An accident can happen any time, and it can cost your business thousands if you do not have comprehensive nonprofit insurance protection. Read on for five tips for choosing insurance products for your nonprofit organization....

Motor Truck Cargo vs. Motor Truck General Liability Motor truck cargo and motor truck general liability coverages are important for anyone in the cargo transportation field. More and more companies are requiring insurance protection for their drivers in order to prevent liability for potential losses. Transporting cargo of any value or volume involves a lot of risk that can be managed with comprehensive insurance. Read on for more about the differences between motor truck cargo and motor truck general liability insurance and determining which one you need....