You’re a winery owner and you need insurance. How do you find the right policy? What do you look for? Or maybe you already have insurance. How do you know it’s covering you properly? Here are a few tips.
Recently I wrote this blog about the Primary & Non-Contributory Wording Endorsement. It was a nice article, and all true. What I want to tell you today is that the Primary & Non-Contributory Wording endorsement is worthless. It doesn’t mean you won’t ever have to have one, but rest assured, it is worthless.
If you’ve ever purchased a policy through a Non-Admitted insurance company, you might remember having to sign that two page form written in ALL CAPS. Of all the insurance forms it’s easily the scariest. Why? Because of the font, of course.
I’ve been working with workers comp since 2004 and although it’s the simplest of all the insurance coverages, it’s ironically the one that seems to cause the most confusion. I get more questions about workers comp than I do about any other coverage. Why is this? I don’t know….. maybe because workers comp is freaking EXPENSIVE!!!
Most businesses have people that help move their enterprise forward. They’re called employees. Many businesses have a few other people that are kind of like employees, but aren’t. They’re called independent contractors or subcontractors.
Last month I wrote a blog about Common Majority Ownership (you can read it here) where I discussed how separate legal entities are tied together by the WCIRB when the same individual owns a majority of each of those entities.
Have you – a business owner – ever had to get a Primary and Non-Contributory Wording endorsement on your general liability policy? Have you – a business owner – ever wondered what Primary and Non-Contributory Wording actually means?
Waiver of Subrogation Endorsements are confusing. According to the spell check application editing this content, the word “subrogation” doesn’t even exist. If you have ever come across one when dealing with your commercial insurance, you know it most certainly does exist, although you may not know what it is. Is it possible to unlock this mystery?
What is an Additional Insured Endorsement? And why do I need it on my business insurance policy? These are very common questions. So common in fact, that if I got a burrito every time I was asked these questions… let’s just say I would be wearing much bigger pants.