Strategies

An insured vehicle is pulling an owned, non-insured trailer. An uninsured motorist ran a stop sign and broadsided the trailer pulled by the insured vehicle.

Fortunately for insurance professionals, the opportunity to start and grow a successful independent insurance agency has never been more obtainable.

Here’s how to explain to a client when a fellow employee endorsement would be triggered.

In the year ahead, we’re likely to see companies increasingly prepare to protect themselves from concentration risk and the fallout from potential stress points like a war.

After a break-in at their office, a client realized about $50,000 of extra fuel was purchased on a credit card that was stolen. What coverage is there for unauthorized use of the card?

The use of certain words or phrases can suggest an insurance professional is acting as a risk advisor or fiduciary as opposed to the typical arm’s-length business relationship.

How independent agents are uniquely positioned to help consumers understand the complexities of homeowners insurance.

Having a better understanding of compensation can ensure agency dollars are spent wisely, and the true value of employees’ compensation is able to be clearly communicated.

The agent listed one part of the insured’s name as “doing business as” (DBA) because it is not a legal entity, but the insured says its a division of the primary named insured corporation.

It’s time for independent agents to make plans for navigating a turbulent market by focusing on these three areas.