Natural Disaster Losses Exceed $100B for 5th Year In A Row
Insurance losses from natural disasters exceeded $100 Billion for the 5th consecutive year. December 9, 2024 by L.S. Howard / Insurance Journal & Carrier Management Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 for the fifth consecutive year. Losses are even likely to hit US$135 billion-plus, according to Swiss […]
How Does Replacement Cost Differ From Market Value?
A Homeowners Guide to Replacement Cost and Market Value “I could never sell my house for the amount of insurance you have on it!” Read time: 2 min If a disaster strikes and your home is damaged or destroyed, do you know what it would cost to restore your home to the condition it was […]
Eric Dress Joins Frost-Beck Insurance Agency’s Whitehouse Office
Frost-Beck Insurance Agency would like to introduce Eric Dress to our talented staff! Eric joins a wonderful group of people and will work primarily out of the Whitehouse office. Eric Dress is a lifelong resident of Waterville, Ohio and is a 2020 graduate of Anthony Wayne Highschool. In 2024 Eric graduated from the University of […]
What Are The Risks of Underinsuring My Home?
The Hidden Risks of Underinsurance: Why Regular Insurance Reviews Are Essential 1 min read For many homeowners, underinsurance is a hidden risk that only becomes apparent after a loss. Without regular reviews and updates, insurance policies can fall behind. If coverage does not keep up with the full cost of repairs or replacement it can […]
What Are The Basics of How a Surety Bond Works?
Understanding the Basics of Surety Bonds and How They Work Read time: 3.5 min Be honest. You’re most likely here because you need to obtain a surety bond, but you don’t really know what it is or how to get one. Whether you are a business owner, a contractor or simply curious, understanding the basics […]
How Do I Remove Snow From My Home’s Roof?
How do I remove snow from my home’s roof? 3 min read If you live in a snowy climate, you’ve likely wondered how to get snow off your roof. Should you remove snow after a heavy snowfall, and is there a safe way to do it? We spoke with roofing expert Mike Reedy for advice […]
Seven Types of Small Business Insurance Coverages
Seven Types of Small Business Insurance Coverage 2 min read It takes time, money, inventory, inspections, contractors, advertising, and so much more to start a small business. Ask a few entrepreneurs about their startup costs or monthly overhead and you’ll get answers as different as can be. Between your lease, utilities, equipment rental, shipping costs, […]
Wild Insurance Claim Likelihood Versus Policy Ownership
“It is a strange anomaly that men could be careful to insure their houses, their ships, their merchandise, and yet neglect to insure their lives – surely the most important of all to their families, and more subject to loss.” – Benjamin Franklin We insure all kinds of things in this day and age. Some […]
What Are The Best Rules to Set For My Teenage Driver?
How to set rules for my teenage driver 3 min read The day a teen gets their license can be exciting and scary for both teens and parents. Setting some clear rules for teenage drivers (and defining appropriate consequences) can help your teen drive more safely and put your mind at ease. Establishing rules for […]
Winterize Your Home With These Great Tips
Top Tips to Winterize Your Home 1. Insulate Pipes – Frozen pipes are annoying and expensive to replace. Prevent pipes from freezing and bursting by insulating them. Those in unheated areas like basements, attics and garages are most likely to freeze. 2. Clean Gutters and Roof – Remove leaves and debris to prevent ice dams […]