What does the term “full coverage” mean to you? It’s a term that is now creating confusion in the auto insurance industry. It used to be the simplest way to tell someone that they had liability AND coverage for their car (comprehensive and collision). The thing is, there are more coverages on an auto policy […]
December 2019
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Simply Explaining Insurance #113- Coinsurance
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This episode includes two of my favorite things. Insurance and math! I talk about coinsurance and what that means on a commercial property policy. This is not to be confused with coninsurance on a health insurance policy as these are different. Coninsurance essentially is an agreement between the insured and the insurance company agreeing that […]
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Simply Explaining Insurance #112- Workers Compensation Class codes
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Not the sexiest topic but an important one. This podcast is for businesses that have employees doing more than one type of job and how to properly set up your workers compensation policy as well as do the payroll audit properly. The most important thing the business owner has to do in cases where there […]