Insurance Coverage Basics For Boatowners
A small boat, such as a canoe or other un-motorized boat, is typically covered under the personal property portion of your homeowners insurance policy. If you own a larger, faster boat, you'll need a separate boatowners insurance policy. A typical boatowners insurance policy is designed to protect your boat, motor, equipment, and passengers. It affords similar coverages to those you typically have for your car including:
Summer Swimming Pool Safety
Though owning a pool can allow you, your family and your friends to cool off in the summer heat, it also comes with serious responsibilities. After all, swimming pools can present significant safety hazards and potential liability risks. As such, consider these precautions to make sure your friends and family can enjoy your pool safely.
Green Living Tips for Your Home
Living an eco-friendly lifestyle minimizes the negative impact you have on the natural world by contributing to reduced waste, conserved energy and lowered carbon dioxide emissions. Abiding by green principles is not only good for the planet—it can also help you stay healthy and save money. Consider implementing the following eco-friendly living tips within your home.
The Risks of Vacant Property
Theft, trespassing, fires or other losses are constant threats on vacant construction sites. Losses might include not only the value of damaged or stolen materials but also the liability of an individual being injured on the property and the loss of time if a crucial piece of equipment is damaged or stolen. The insurance risks and liabilities associated with vacant construction sites can be extensive. To ensure that you are adequately protected, it is important to know the risks you face. In addition to purchasing comprehensive insurance coverage, there are numerous preventive strategies you can adopt to maintain vacant properties in a way that reduces risk and liability.
Understanding and Preventing Fleet Fraud
Fleet fraud refers to a host of deceptive activities that may occur amid the sale and operation of commercial vehicles and their individual assets (e.g., engine parts). Such fraud is a significant concern for any business that utilizes commercial vehicles, whether it’s a few small cars or a dozen tractor-trailers. According to a recent report from trucking software company Motive, as much as 22% of the average business’s fleet spend is compromised by vehicle theft and fraud. Furthermore, 44% of business owners confirmed that fleet fraud affects their operations, yet they don’t know how to address it. Fleet fraud not only leads to financial losses and elevated insurance expenses but can also reduce operational efficiencies and threaten roadway safety. As such, it’s imperative for businesses and their commercial drivers to be aware of such fraud and related mitigation measures. This article explores the five main types of fleet fraud—vehicle theft, cloning, title washing, staged accidents and fuel fraud—and provides effective prevention strategies.
Understanding Radon Risks
Radon is a colorless, odorless and tasteless radioactive gas that is formed from the natural radioactive decay of uranium found in many rocks, soils and water. It is a known human carcinogen. As the second leading cause of lung cancer behind smoking, it presents a serious health risk to those exposed.