Robinsons Insurance Agency Blog
Refinancing a mortgage in today's low-interest environment can not only save you funds but can also help property owners access the equity they've built up in their residence. It's crucial to understand how the process works, how your credit affects your rate, and what you'll do to have the best outcome before starting.
Why should you refinance your mortgage? There are a few frequent reasons for this:
Companies comply with many domestic and international rules, necessitating strict compliance processes to manage and reduce risks. Without any of these safeguards in place, businesses risk facing concerns such as privacy protection, financial fraud, and a slew of other problems.
The technique to ensure they've taken the necessary precautions to avoid a breach? A company must hire a compliance officer.
Every business is a product of long term hard-work and dedication. One admirable characteristic of it is having resilience in its industry.
However, anyone is vulnerable to accidents and disasters. Events beyond your control can significantly affect your business. That being the case, the losses may be more manageable with the help of business insurance.
Contracting is a business that must keep a close eye on its finances, unsurprisingly. Payment for finished works is frequently well worth the effort, although the delay between the start of the project and payment might be months.
As an outcome, many companies keep a strict eye on their budgets and are hesitant to invest in more capital unless it is necessary. These businesses don't realize that forcing staff to work with old-fashioned machinery may cost them money while risking their lives.
Keeping employees motivated is arguably one of the hardest parts of running a company. Motivation is the set of forces that initiates, directs, and makes people persist in their efforts to accomplish a goal. Everyone is different that is why management needs to have insight and really work on making employees satisfied and productive at work. There are several factors that affect motivation, which includes effort, performance, need satisfaction, extrinsic and intrinsic rewards, and other personal needs of the employees. This article will discuss further about effort and performance and the addition of goal to the basic model of work motivation and performance.
Hurricane season might be inevitable, but having the right insurance can give assurance and protection. Given the strength of hurricanes, it's understandable how you care about your homes. But having a strong constructed home still surely helps.
Every auto insurance policy varies depending on various factors. Some people may upgrade their policy once every six months. At the same time, you may only want to revisit yours once every year. That being said, there are only specific situations when it's typically practical for you to update your insurance policy.
Giving back to the environment is a company's social responsibility. Building a structure through sustainable materials is surely a good idea. Green buildings use renewable and local materials. Reducing wasted energy when the building is being used.
Maximizing these materials positively affects the environment as a whole. The same goes for those who occupy the structure in many ways. Designed as an energy-efficient structure, buildings structured through eco-friendly practices are truly material.
In recent years, eco-friendly construction paved its way to popularity. Many consumers and the construction industry see this as a great change, affecting their outlook on construction processes. In that way, many more firms decided to shift into eco-friendly practices in their business projects.
Starting your small business entails a lot of challenges and risks. You may go to sleep one day with a booming business, and then next, you’re already facing a lawsuit. Fortunately, there are available options to mitigate these risks, like purchasing business insurance.
According to the U.S Small Business Association, business insurance should protect entrepreneurs in cases of unexpected costs during their operation. This might cover damages from disasters, accidents, and other perils. If you don’t have one, you’ll be forced to pay for all the damages out of your own pocket.
If you’re a small business owner or planning to start your own business, here are three types of insurance you should purchase:
Because it is expressly created for freelancers and small company owners, a Business Owners Policy (BOP) is a popular choice among entrepreneurs.
It's a popular choice among entrepreneurs as it is expressly created for freelancers and small company owners.
From fire and theft to property damage and litigation, your BOP has you covered. Let's look at BOP and when and why they are useful.
A handyman does a lot of maintenance work ranging from minor drywall patch-up to replacing a roofing shingle. The question is how does a handyman different from a general contractor and other specialty trade contractors? Most insurance companies would differentiate a handyman from a General Contractor by the amount of each project or completed job. Most insurance companies classify a handyman if he is not earning more than $2,500 per single job and anything more than that is already considered a specialty trade or a general contractor. With the current US inflation rates and materials getting more expensive, that $2,500 gray area can be easily crossed. Each state also has specific definition what a handyman and GC can legally do so best to check the state's website for licensing rules and work permit requirements. Just like other type of contractors, a handyman mainly needs a General Liability insurance, to protect himself and his business from financial loss against third parties who might sue him and his company for bodily injury or property damage.
Accidents happen, no matter how careful a driver you are. And if they do, it's your insurer's responsibility to mitigate the financial consequences. After all, that's why you have auto insurance.
Accident forgiveness coverage is a way insurers achieve this. Here's a look at what accident forgiveness is, how to qualify for it, and the advantages of having it.
When you operate a business, you are responsible for diverse people, from staff to consumers. Moreover, your company's operations can have major and severe implications for these consumers.
To know more about why you made the right choice in getting your insurance and why you should keep it, keep on reading.
In Texas, a Certificate of Insurance is required when an initial application for license is submitted and when there is a change in license assignment like a name change upon the request of the department. The insurance Acord form is acceptable proof of insurance as long it provides the following information: licensee name and number, A/C company name with address, policy number and effective/expiration dates, limits of coverage, insurance company name and contact information, and signature of authorized insurance representative.
Having a contracting company comes with its own set of dangers. There are several ways for individuals to become injured or for property to be damaged. Whatever physical injury or property damage occurs on the project, the contractor will almost certainly be the one to file a claim—and may be obliged to pay for out of hand.
If you're still unsure about how your insurance works, here's a refresher on the many types of contractor's insurance and their relevance.
Among the contractors, plumbers, electricians, and HVAC contractors are mostly regulated so they are required to acquire and maintain a license and insurance. Each state has a regulatory body to handle licensing requirements. The Texas State Board of Plumbing Examiners or TSBPE for example is the agency responsible for licensing plumbers in Texas, requires all master plumbers to furnish them with a current certificate of insurance. Plumbers must carry general liability insurance for claims of property damage or bodily injury, with coverage of at least $300,000 in a one-year period. But we actually recommend to maintain at least $1,000,000 coverage in general liability insurance as that is the standard limit of insurance required if you get hired by a General Contractor or work on a big project.
To legally work in the state, an electrician must be licensed and regularly take continuing education courses as specified in the program rules. An Electrical Contractor, Electrical Sign Contractor, and Residential Appliance Installer Contractor License require general liability coverage of at least $300,000 per occurrence, combined for property damage and bodily injury, $300,000 aggregate for products and completed operations, and $600,000 aggregate. The aggregate limit is the total amount the policy will pay for damage and bodily injury. What we usually offer is $1,000,000 each occurrence and $2,000,000 aggregate as it is the standard limit of insurance and this is the limit that will be required when you work for a General Contractor.
If you already have a Home Insurance policy at your disposal, the next thing to do with it would be to keep it up to date as much as possible. This way, you can keep up with the changes that can happen to your insurance policy so you can use it to your advantage.
The classic home insurance policy covers the damage from accidents inside the home and loss of belongings because of theft or natural calamities.
However, with the modern changes that occur, particularly with home-based technology, you should also try and see the changes to your policies relating to any of the following:
Despite the COVID-19 pandemic, having car insurance has never been more critical, especially now that travelers are slowly returning to pre-pandemic numbers. However, if you’re still not convinced about getting car insurance, here are some factors to consider that prove auto insurance is still essential in 2022.
The most important thing that you need to remember is auto insurance trends are not constant. You always have to be aware of the worldwide changes that could affect your auto insurance policy as a whole.
That being said, here are auto insurance trends you need to look out for in 2022 and beyond.
If you want to maximize the benefits you can get from your business insurance policy, you must understand the tenets of your existing policy. This way, you will have an idea about what you can expect from the policy as a whole.
However, what should you look for when it comes to studying your business insurance policy? What would you need to understand the policy more? These questions will be answered through this article.
We also hope that this will help you understand why you need to have business insurance policies at your disposal.
Natural disasters can cause a lot of damage to your business. It doesn't matter if you are inside or outside of your building. You could still be affected. You want to make sure that you are covered in case something happens to your business.
With BOP Insurance, you can protect your business in one policy. The policy covers damages from fire, smoke, theft, explosion, windstorm or hail, water damage, vandalism, and more.
Choosing the proper auto insurance coverage to safeguard your investment is the most critical choice you can make after purchasing a vehicle. There are several sorts of insurance coverage from which to pick.
To get the most out of your insurance, here are some things to consider before applying for one.
Fire is a serious risk to any home. While many homeowners have insurance, it's not always clear how fire insurance policies work. It's important to know what you're paying for and why, so you can make sure your policy is adequate for your needs.
Many people are confused about how fire insurance works, and some don't even realize they need it until it's too late. You should also know what type of coverage you have and what it covers.
Homeowners concerned about fire damage should make sure they understand what their policy covers.
Storms can cause flooding in a matter of minutes. It's not just the rising water that can damage your car but also the debris it carries. If you have comprehensive coverage on your auto insurance policy, you're covered for flood damage to your car.
Comprehensive coverage can cover your car from events that are out of your control. This means it can help you save money in case flooding damage occurs to your car.