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Why You Should Buy Life Insurance for Your Child

By Kristy Parker, CISR Georgetown Insurance Service, Inc. Silver Spring, MD   Becoming a parent for the first time is simultaneously one of the most terrifying and rewarding experiences. Everyone around you is offering advice on how to prepare and what to expect — regardless of whether you asked them in the first place. You … Continue reading Why You Should Buy Life Insurance for Your Child

Gap Insurance – Protecting Maryland’s School Bus Contractors

By Joseph W. Lalla, Commercial Lines Coverage Specialist Georgetown Insurance Service, Inc. Silver Spring, MD   Having adequate liability coverage should be a top priority for every business, particularly those who operate or drive large vehicles. Accidents are expensive and larger vehicles, such as buses, have the potential to cause millions of dollars in damage. Typically, these … Continue reading Gap Insurance – Protecting Maryland’s School Bus Contractors

The Basics to Understanding Insurance and Indemnification Clauses

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   When entering into agreements, such as leases, construction agreements, etc. it is critical to understand the structure of insurance and indemnity provisions. These agreements can be very complex, and you need to maintain control over liability, so you don’t put your business’ future … Continue reading The Basics to Understanding Insurance and Indemnification Clauses

5 Ways Contractors Can Lower Workers Compensation Costs

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   Insurance costs have always been top a concern for Contractors of all trades. Insurance costs are usually a “top 5” expense up with payroll, material cost, vehicle expenses, etc. We frequently see several areas where money can be saved with a few quick-fixes. … Continue reading 5 Ways Contractors Can Lower Workers Compensation Costs

**UPDATED** OSHA’S NEW ONSITE INJURY AND ILLNESS DATA RULE: IS YOUR BUSINESS AFFECTED?

By: Ben Simmons, Account Executive 301-681-9645 x. 219   The Occupational Safety and Health Administration (OSHA) recently issued a new rule that will require certain employers to electronically submit their company’s onsite injury and illness data. The new rule became effective January 1, 2017 and will affect the following two groups: Companies with 250 or … Continue reading **UPDATED** OSHA’S NEW ONSITE INJURY AND ILLNESS DATA RULE: IS YOUR BUSINESS AFFECTED?

WAGE-AND-HOUR CLAIMS

By Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD   Wage-and-hour claims happen when employees file lawsuits against their employers regarding an alleged failure to pay overtime wages. Wage and Hour lawsuits have increased substantially over the past 10 years and they will continue to increase as more and more disgruntled ex-employees file … Continue reading WAGE-AND-HOUR CLAIMS

What are Adequate Limits for Personal Auto Insurance?

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   As Professional Insurance Agents this is one of our most frequently asked questions …..How much insurance is enough? What Limit of Insurance should I buy? What is the “right” amount of coverage? For insurance buyers, it is one of the most commonly evaded … Continue reading What are Adequate Limits for Personal Auto Insurance?