Why Are Homeowners Insurance Premiums Increasing?

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD “Why did my homeowners insurance premium increase? I haven’t made any claims.” When it comes to homeowners insurance, this is a common question. And often, many people don’t like the answer. When it comes to premium increases, the causes are usually external and not … Continue reading Why Are Homeowners Insurance Premiums Increasing?

Directors and Officers Liability Insurance: It’s Not Just for Public Companies

By Pat Keightley, CIC Georgetown Insurance Service, Inc. Fairfax, VA One of the biggest misconceptions surrounding Directors and Officers (D&O) liability insurance is that it’s only intended for public companies, and companies with an outside Board of Directors. While policies are more commonly written for such organizations, D&O insurance can be very necessary to properly … Continue reading Directors and Officers Liability Insurance: It’s Not Just for Public Companies

Craziest Claim of the Month – “An Explosive Idea”

Being a mechanic is tough work. Keeping track of all your gear, tools, and equipment while simultaneously working to diagnosis an issue can be hard. But in May’s craziest claim, one employee who decided to light his own way ended up encountering a fiery surprise. While working in the shop, the mechanic’s hat fell of … Continue reading Craziest Claim of the Month – “An Explosive Idea”

The Tree Care Industry and Errors & Omissions Insurance

By Matthew Simmons, CIC & Ben H. Simmons, CLCS Georgetown Insurance Service, Inc. Silver Spring, MD A traumatic event occurred in Farragut Square on February 2, 2013. A local contractor was hired to cut down a dead ash tree on one side of the park but mistakenly chopped down a historic ginkgo tree. Not only … Continue reading The Tree Care Industry and Errors & Omissions Insurance

Did You Know – Your Pool Is an “Attractive Nuisance”

Did you know… Your insurance company labels your pool as an “attractive nuisance?” Now, you might be scratching your head wondering what that even means. An attractive nuisance is an appealing item that could be a danger to children. Pools, playground equipment, trampolines, lawn mowers, gasoline pumps, abandoned cars, and certain landscaping features such as … Continue reading Did You Know – Your Pool Is an “Attractive Nuisance”

Craziest Claim of the Month – “A Sharp Looking Tree”

For April’s craziest claim, it was just a normal day for a local tree company. Employees were busy cutting down trees and running the branches and stumps through a wood chipper. It was business as usual…that was until one tree gave them a little more than they bargained for. Unbeknownst to the workers, part of … Continue reading Craziest Claim of the Month – “A Sharp Looking Tree”

Insurance Needs for General Contractors and Subcontractors

By Joseph Lalla, Account Executive Georgetown Insurance Service, Inc. Silver Spring, MD Bringing a construction project to life is a team effort. There’s usually a general contractor, who is responsible for the full management of the project, but there’s also a group of subcontractors, who perform the actual work itself. When it comes to insurance … Continue reading Insurance Needs for General Contractors and Subcontractors

4 Questions Every Business Owner Should Ask About Their Insurance Coverage

By Michael Crowell Georgetown Insurance Service, Inc. Silver Spring, MD Business can be unpredictable, but your insurance coverage shouldn’t be. Yet, far too often, business owners find themselves in the unenviable position of learning that an event they assumed would be covered is not. First, they ask “why?” then they ask, “why didn’t I know … Continue reading 4 Questions Every Business Owner Should Ask About Their Insurance Coverage