Got insurance questions? We’ve got the answers to the most common questions we are asked, everyday. And to make navigating the answers easier, we’ve broken the frequently asked questions into several categories. Nice and simple.


What is an Independent Insurance Agent?

What defines an Independent Insurance Agent is our ability to shop your insurance through multiple insurance companies. Our job is help you create the best coverage package to meet your needs and then go to the market and find the most competitively priced insurance company for those coverages.

Does changing my insurance company affect my credit score?

Changing your insurance carrier has NO effect on your credit score. You can change as often as you like and it makes no matter to your credit score.

I had a claim, now what?

We know that “stuff happens” and there will be the unfortunate instance where you will have a claim to report. The majority of our companies have 24/7 claim centers and we would first advise you to call your insurance company in which you had the claim and report it to an authorized representative. That being said, there are some advantages to calling our office to speak to us about your claim. Our dedicated agents can advise you on what the effects of filing your claim would be, and explain how the claims process works. Hopefully taking the headache out of what already is a painful process. If it is an emergency, you should call your insurance provider directly, to expedite the process.

Personal Insurance

Should I have my home and auto insurance with the same company?

Absolutely YES! If you can package your home and auto together with the same insurance company you should do it. There could be significant cost savings involved, in addition to other benefits.

Do claims and tickets affect my insurance premiums?

Yes. Claims for homes and claims and violations for autos do make a difference in the rating of your policy. The impact depends on the severity of the claim and if you were at fault. Tickets and accidents will impact your premiums for a three-year period while major tickets such as DUI’s and careless driving can impact your rates for five years.

Is my credit considered when rating my policies?

Yes. Your credit will be checked when an insurance company is rating a home or automobile policy for you. This is an insurance score, which is slightly different than your credit score. The insurance score does not show as a “hit” on your credit, like other credit inquiries (multiple credit inquiries can actually lower your credit score).

Business Insurance

Is Business Insurance Tax Deductible?

Business insurance is tax deductible, as long as the coverage is for the purpose of operating a business, profession, or a trade. Businesses may not deduct their business insurance premiums if the coverage is for the purpose of a self-insurance reserve fund or a loss of earning insurance policy.

What is the difference between general liability and professional liability?

At a 10,000 foot view general liability is slips, trips and falls meaning bodily injury and/or property damage to a 3rd party. Professional liability is protecting your business against bad advice or guidance. Any time you give professional opinion, advice or guidance you are opening yourself up to a professional liability claim.

Should my small business have business income insurance?

Business income provides reimbursement for lost revenue after a covered insurance loss. For a company that does not have a physical address that is crucial to its business, such as a contractor, business income is probably not necessary. For store front or main street businesses, like a coffee shop, business income is a must.

Employee Benefits

What determines whether I am a large or small employer?

An employer’s size is based on the number of its employees. Generally, an employer with 50 or more full-time employees, including full-time equivalents (FTEs), is considered a large employer. If you have fewer than 50 full-time employees or equivalents, you are considered a small employer.

Does health-care reform apply to our company?

Effective January 1, 2015, companies that employ 50 or more full-time employees, including full-time equivalent employees, must offer an affordable group health plan to their full-time employees (and dependent children up to age 26) or possibly be liable for a penalty.

Small businesses, those with fewer than 50 full-time employees, are not subject to this provision. In fact, small businesses have the option to purchase plans on state-run or federally run Exchanges and may qualify for tax credits to offset the cost of providing insurance coverage to employees.

Can employees pay for or share in the cost of healthcare?

Yes. You as the employer may choose how much of the cost you would like to share with your employees. This gives you tremendous flexibility to tailor a benefit package for your company at a price you will feel comfortable with.

Child Care Insurance

Do all child care center insurance policies provide abuse and molestation coverage?

No, abuse and molestation coverages are not always included in policies written for child care centers. Even if abuse and molestation coverages are offered, how the policy will respond and what is covered varies from company to company. It is important to work with an agent who understands these coverages and knows the markets available for child care center insurance.

What is medical payment coverage?

Medical Payment coverage will pay medical expenses for bodily injury caused by an accident on your premises, regardless of who is at fault. In a child care setting, it is important to know that coverage for the children you take care of may be excluded from this coverage. As this coverage can differ from one company to the next, it is important to work with an experienced agent that can advise you.

Is professional liability available for child care providers?

Some carriers, but not all, provide Child Care Professional Liability, also known as Errors & Omissions (E&O) insurance. This coverage provides for bodily injury and / or property damage arising out of the rendering, or failure to render, professional services in connection with your child care operations. Coverage varies from company to company, so it is important to consult with an agent that has experience with these policies.

Professional Liability Insurance

What are my options as I approach retirement?

Define “retirement”. If you no longer practice law and fully retire, you may be eligible for an unlimited Extended Reporting Period (ERP) endorsement, also known as Tail coverage, at no additional cost. Read the ERP provisions carefully and discuss your options with an agent that is knowledgeable about Professional Liability coverage, as policies differ from one company to the next.

What factors determine my professional liability premium?

Clearly, limits of liability and the size of your deductible, but there are numerous other factors. Areas of practice, annual billings, number of professionals, claim history, risk management controls, policy terms, etc. Don’t worry – we are here to help you through the process!

How often should I review my professional liability limits and coverages?

A review is in order whenever there is a material change with the firm – such as new attorney added, changes in areas of practice, or client requirements. Otherwise, an annual review may be sufficient if your comfort level remains stable.