Insurance Coverage: Water Damage v. Flood Damage

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   There is often confusion over Property Insurance losses that involve water damage. For many property owners, flood damage and water damage get lumped into the same bucket. Basically, “my stuff got drenched and now it is a mess (or even destroyed).”  But in … Continue reading Insurance Coverage: Water Damage v. Flood Damage

Business Interruption Insurance – Common Considerations & Oversights

Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   When it comes to building an effective business insurance program, a very important consideration is the determination of Business Interruption (BI) Insurance, also commonly known as Business Income and Extra Expense Coverage. Determining an adequate limit of insurance for BI is exceptionally challenging because … Continue reading Business Interruption Insurance – Common Considerations & Oversights

Crash the company car? Here are 5 steps to take if you’re involved in a commercial/business vehicle accident.

Accidents happen. And if you’ve never been in one, consider yourself lucky. In fact, the average American driver can expect to be in three or four accidents in their lifetime – and that’s just as likely to happen while driving a company vehicle as it is driving your family car. In general, companies are usually … Continue reading Crash the company car? Here are 5 steps to take if you’re involved in a commercial/business vehicle accident.

Life at Georgetown – Tim Pyle

By Tim Pyle, Associate Georgetown Insurance Service, Inc. Silver Spring, MD   Describe your job. What do you do? I’m an associate at Georgetown Insurance Service and have been with the agency since December 2018. My job is to analyze insurance policies for business owners and ensure they have the proper coverage they need. Or, … Continue reading Life at Georgetown – Tim Pyle

National Preparedness Month: It’s Time to Review Your Insurance Coverage

September is recognized as National Preparedness Month. An initiative by Ready.gov, the month aims to encourage and remind Americans to prepare for disasters or emergencies at home, at work and in the community. This year’s theme is “Prepared, Not Scared” and its goal is to help homeowners and business owners develop a proactive plan of … Continue reading National Preparedness Month: It’s Time to Review Your Insurance Coverage

Livery 101: What’s the Difference Between a Taxi and Other Livery Services?

By Joseph Lalla, Account Executive Georgetown Insurance Service, Inc. Silver Spring, MD Livery vehicles are for-hire vehicles that are used by businesses to generate revenue by transporting people. Think taxicabs, limousines, buses, van pools and even hotel shuttles. However, not all commercial passenger vehicles are the treated the same, especially when it comes to insurance … Continue reading Livery 101: What’s the Difference Between a Taxi and Other Livery Services?

Did You Know – Neighbor’s Tree Falls on Your House or Car: Who’s Responsible?

Did You Know… If your neighbor’s tree falls on your house or car, you’re likely responsible? While summer means relaxing by the pool and enjoying the warm weather, it can also mean damaging storms and high winds. All it takes is one strong storm to topple a tree and cause significant damage to your home … Continue reading Did You Know – Neighbor’s Tree Falls on Your House or Car: Who’s Responsible?

What Is Keyman Insurance – and Do You Need It?

Insurance is something that gives us the peace of mind we need to carry on with their daily lives and provides us the protection we need in the event the unforeseen happens. The same goes for any business or organization. That’s why ensuring that keyman insurance (also known as key person insurance) is an important … Continue reading What Is Keyman Insurance – and Do You Need It?