Am I responsible if someone borrows my car and crashes?
Am I covered if someone borrows my car and gets into an accident? Although your friend was driving, insurance follows the vehicle. Therefore, your vehicle’s personal auto insurance will help cover the damage to both vehicles. Subject to a deductible, your policy’s collision coverage will provide payment for the damages to your vehicle. Your friend […]
Stabilizing Reinsurance Rates May Provide A Glimmer of Hope
A Return to Balance? Brokers Say Reinsurance Renewals Were ‘Stable’ By L.S. Howard | January 3, 2024 / Insurance Journal This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a return to supply/demand balance. What a difference in tone from last year’s grueling January renewals. “In a marked change […]
Does Your Safety Program Satisfy OSHA Requirements?
As a contractor, do you have a Safety Program that will satisfy OSHA requirements? Many small to medium companies without a designated safety coordinator on staff do not have a formal, written safety program and may have not realized the need for one. For example, HVAC and plumbing technicians face job hazards each workday and […]
What Is Something I Can Do To Help Save The Planet?
Let’s save the planet, together! 1 MIN READ Pekin Insurance has partnered with One Tree Planted to plant a tree for every 100 policies that go paperless. This is a win-win, for you and the planet. Here’s why: What is paperless billing: Paperless billing is an alternative to receiving your invoice by mail. With paperless […]
What Does The Executor Of A Will Do After You Die?
What does the executor of a will do? 4 min read According to Caring.com’s 2022 Wills and Estate Planning Study, more than 50% of American adults think wills and estate planning are important. But fewer people actually understand how to make sure a will is effective. Your will details your wishes for the assets you’ll leave […]
Why Do Painting Contractors Need Insurance Coverage?
How insurance can be an extra COAT of protection for painters? 1 MIN READ When you’re on the job site and you use an extra coat of paint, your goal isn’t just to bring more color to the room, but to make the wall more durable against regular wear and tear. Similarly, a good business […]
Four Ways to Make a New Year’s Resolution and Keep It
Four Ways to Make a New Year’s Resolution and Keep It Read time: 3 min It’s a new year, which means a new you, right? We’re kidding. However, the celebration of a new year is a great time for some self-reflection. Ask yourself, what do you want to achieve in 2024? How can you make […]
What is the timeline for enrolling into Medicare?
I am approaching Medicare age, what do I need to do, and when? AGE 64 – Do your homework You can enroll into Medicare up to 3 months prior to turning age 65. Understand your options if you plan on working beyond 65. Contact a licensed insurance agent or go to Medicare.gov to learn more […]
What Do New Parents Need to Know About Life Insurance?
What New Parents Need to Know About Life Insurance How much does it cost to raise a child through age 17? About $285,000 with inflation factored in, according to the U.S. Department of Agriculture.That number could make you say, “You see! Kids are expensive. That’s why we haven’t bought life insurance.” Think about it this way: the […]
How Can I Improve My Roadside Truck Inspections?
Tips for Successful Roadside Inspections Cliff J., Acuity’s in house trucking specialist – In my role helping motor carriers with their needs, I often find myself in conversations about struggles with roadside inspections. When I ask how these inspections affect their business operations, things like insurance, customers, brokers, and driver recruitment/retention don’t always make their […]