COVID-19 Insurance Issues and Concerns

By Remmie Butchko, CIC Georgetown Insurance Service Silver Spring, MD   COVID-19 has shut down many businesses either due to state mandated stay-at-home orders or infections in the office or place of work, such as construction sites.  While business owners are trying to make ends meet with reduced revenue, complete closures, COVID-19 affected employees and … Continue reading COVID-19 Insurance Issues and Concerns

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

Preparedness Month: Check Your Insurance Coverage

As we discussed in our blog earlier this month, September is National Preparedness Month, an initiative by the Ready Campaign “designed to educate and empower the American people to prepare for, respond to and mitigate emergencies” (source). This week’s theme is ‘Check Your Insurance Coverage.’ If a disaster strikes, insurance is your first line of … Continue reading Preparedness Month: Check Your Insurance Coverage

Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves

National Insurance Awareness Day takes place on June 28th of each year. While experts aren’t sure who originally created it, it has now come to serve as an annual reminder for individuals and businesses to review their insurance coverage. In honor of this year’s Insurance Awareness Day, we are sharing the top four questions that … Continue reading Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves