Landlord Risk Management

Mark StraussBusiness | Commercial Insurance, Loss Control Ideas

Carrying landlord insurance is not enough, as a property owner part of your landlord risk management plan should incorporate a requirement that your tenants carry renters insurance. Outside of providing property and liability protection for your tenant incorporating renters insurance as a requirement in your landlord risk management plan will limit your liabilities and provide you with recourse if your tenant is deemed negligent … Read More

Professional Liability Insurance Claim Process

Mark StraussBusiness | Commercial Insurance, Professional Liability | Error's & Omissions

When it comes to professional liability insurance, the claim process can sometimes be frustrating. For this reason, it’s important that you be prepared. One of the best ways to do this is to make sure all the information the insurance company would need is available. Here are some helpful tips about the professional liability insurance claim process: Call Your Agent. … Read More

Things to Know About Professional Liability Insurance Cost

Mark StraussBusiness | Commercial Insurance, Professional Liability | Error's & Omissions

At a recent insurance renewal meeting with a client they asked one of the more difficult and challenging insurance questions to answer about their professional liability, they had asked “what goes into determining my professional liability insurance cost?” As is the case with insurance there is never a definite answer so I created a list of the general factors that … Read More

Workers Compensation for Marijuana Businesses

Mark StraussBusiness | Commercial Insurance, Worker's Compensation

When you have employees you need to make certain your Marijuana Business Insurance program includes workers compensation insurance. This covers the state-mandated benefits for medical expenses and lost wages to employees injured in the course of employment, in exchange for mandatory relinquishment of the employee’s right to sue their employer for the tort of negligence. This trade-off is known as … Read More