By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Your business’ Experience Modification Rating (EMR) directly impacts your Workers’ Compensation premiums. This blog will explain what an EMR is, what factors contribute to the calculation of your company’s EMR, and share some tips on how you can lower it. What is an Experience … Continue reading Experience Modification Ratings – How Is It Calculated and Can You Lower It?
Category: Business Insurance
Business Property Insurance 101
By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD When you first hear the term “Business Property Insurance” what comes to mind? Is it the building you work out of, the hardware you utilize, or the software that keeps your business up and running? Well…it can actually cover any and all … Continue reading Business Property Insurance 101
Craziest Claim of the Month – The Flaming, Runaway Mower
One of our clients, a landscaping company, had a crew out working on a customer’s lawn. The landscape crew had a hard time getting one of the riding lawnmowers started and once it finally did, they were afraid to turn it off in the event that it wouldn’t restart. When it got low on gas, the … Continue reading Craziest Claim of the Month – The Flaming, Runaway Mower
Why Your Contractors Need to Be Insured – Part 2
By: Joseph Lalla, Account Executive Georgetown Insurance Service, Inc. Silver Spring, MD We previously wrote an article on the importance of making sure contractors who work on your home and/or property are insured properly. The same basic principle rings true for general contractors when selecting subcontractors. If you fail to properly vet your subcontractors, you … Continue reading Why Your Contractors Need to Be Insured – Part 2
Pollution Liability Insurance – What it is, What it Covers, and What it Costs
By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD When you first hear the word “pollution,” what comes to mind? Do you think of billowing dark smog clouds hovering over Beijing, noxious exhaust fumes pouring out from the car in front of you at the light, or possibly an oil spill seeping out … Continue reading Pollution Liability Insurance – What it is, What it Covers, and What it Costs
Umbrella Insurance and Why You Need It
By Matthew P Simmons, CIC Georgetown Insurance Service, Inc. Silver Spring, MD In many ways, standard insurance policies such as homeowners, automobile, and general liability can be compared to purchasing a rain coat and rain boots to help protect you from passing storms and rain showers. These passing storms represent the lingering threat of liability … Continue reading Umbrella Insurance and Why You Need It
OSHA 300A Posting Reminder
Since many of our clients work in what OSHA considers high-risk industries, we wanted to issue a quick reminder about OSHA’s final Form 300 rule and the accompanying deadlines. OSHA’s Form 300 for 2016 data: Log of Work-Related Injury and Illness data was due at the end of 2017. This was the first time that … Continue reading OSHA 300A Posting Reminder
5 Types of Coverage Every Business Needs
Business insurance can be incredibly complex. Every company’s insurance needs will differ based on factors like industry, location, and size. However, regardless of these factors, there are a number of core coverages that every business should have. If you own a business, then this article is for you. We’ve compiled a list of five coverages … Continue reading 5 Types of Coverage Every Business Needs