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
Category: Business Insurance
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?
Why Employment Practices Liability Insurance (EPLI) Is Critical for All Businesses
By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Accusations and harassment cases have been steadily rising over the past couple of years. In 2018, the United States Equal Employment Opportunity Commission (EEOC) received more than 7,600 sexual harassment charges and complaints, an increase of nearly 14 percent from last year. In … Continue reading Why Employment Practices Liability Insurance (EPLI) Is Critical for All Businesses
How Employees Can Get You Sued
By Ben Simmons, CLCS, Account Executive Georgetown Insurance Service, Inc. Silver Spring, MD Depending on the circumstances, your company can be held legally responsible for harm caused by the bad acts of your employees. An accident with a company vehicle, harassment of a coworker or customer, damage to a customer’s property due to intentional negligence … Continue reading How Employees Can Get You Sued
Commercial Property Insurance: It’s More Important Than You Might Think
By: Joseph C. Smith, CIC, CPIA, CBIA Georgetown Insurance Service, Inc. Frederick, MD What is Commercial Property Insurance? As a business owner, one of the most important types of insurance you need in your toolkit is commercial property insurance. Whether you own the building or are a tenant, commercial property insurance is necessary to protect … Continue reading Commercial Property Insurance: It’s More Important Than You Might Think
Insurance Lingo 101
Insurance. We all need it. It safeguards our property, our families, our businesses and our employees. Insurance can help us pay for property damages, injuries, and medical expenses that might otherwise have large financial consequences. However, sometimes navigating the various policies, terms, and coverages can get confusing and overwhelming. Let’s break down the most common … Continue reading Insurance Lingo 101