FAQ Series: Umbrella Insurance – What is it and do I need it?
Umbrella Insurance – or Personal Catastrophize Liability – is an additional policy you can purchase that will provide additional liability coverage on top of your auto and/or home insurance policy. Usually, they are purchased in liability coverage increments of $1 Million. An Umbrella does not...
FAQ Series: Full Coverage or Liability Only?
Auto insurance has several components that all insurance companies offer on their policies: liability and physical damage. Liability will cover you in the event that you injure others (either in your vehicle or another person’s vehicle, or a pedestrian) and the physical damage will cover...
FAQ Series: What is underground service line coverage, and do I need it?
Many insurance companies are now offering a new coverage on homeowners insurance policies called Underground Service Line Coverage. This is a newer coverage in the industry, and it is welcomed by many homeowners – specifically ones who live in older homes. Underground Service Line Coverage...
Instant ERISA Bonds
Steffey Insurance, alongside our partners at Propeller Bonds, now offers ERISA bonds instantly via Credit or Debit card. The entire purchase process takes less than 2 minutes and your bond is able to be downloaded instantly upon purchase. If you'd like to proceed to...
Business Interruption: Are You Covered for a Cyber Attack?
Brett, the CFO of a small machine shop, was worried about the financial losses the firm might incur from a recent cyber attack. The firm’s systems were infected with a computer virus and IT was trying to address it. Even worse, the virus had caused several of the...
Hiring Landscapers? Ask these questions first.
When searching for and choosing a landscaping professional to work on your property, there are some things you will want to consider. Landscaping can add curb appeal to your home and help to create cohesiveness in your outdoor space. The first steps are to identify...
Small Businesses Still Need Big Protection
Just because a business isn't a traditional brick and mortar establishment doesn't mean it can go without business insurance. Even a home-based business needs insurance. Many people assume they are already covered under their homeowners policy when they are working out of their home. Unfortunately it’s not that simple as most homeowners...
What is Uninsured Motorist Property Damage, and do I need it?
Did you know that one in every ten vehicles on the road is uninsured? When purchasing auto insurance, there are several coverage's that help protect you against an uninsured driver if they were to get into an at fault accident. Liability insurance is on all...
Are Your Valuable Possessions Insured?
If you have a home, condominium, or tenant insurance policy, the policy will cover your personal contents that belong to you in the home, condominium, or apartment if there is a loss up to a certain amount. This coverage is called personal property, and it...
Insurance Agency M&A’s Soared in 2017
Insurance agency mergers and acquisitions activity soared by 31% in 2017. This continued consolidation of the retail insurance space is driven by a growing number of retiring agency owners without a perpetuation plan and a growing number of private equity buyers and larger brokerage firms...
