Real Estate Insurance FAQ’s by Chase Smith
Meet Chase! Chase is our real estate insurance specialist. Chase has a wealth of knowledge in the real estate area and works frequently alongside mortgage brokers, commercial investors, property management owners, industrial property owners, and more. Check out the video below! Protect your investment with the right coverage. When you own commercial real estate in Winston-Salem, NC, it’s all about maximizing your investment. But without the proper real estate insurance coverage, an unexpected disaster can leave you taking a major loss. So how do you make sure you’re properly protected—at the proper price? Chase Smith, our local real estate insurance…
How High Building Costs Affect Your Insurance
Building Costs are Through the Roof If you own a house, townhouse, condo or rental property, you have heard the news: building costs are at an all time high. The housing market is red hot, with low inventory of available homes pushing many to buy whatever is available rather than wait. Home builders are ramping up production try try and fill the gap, but there just isn’t enough building material to go around. All that of that may be well and good (or well and awful, depending on if you are buying or selling!), but what does it mean for…
What To Do in an Earthquake
What Should You Do if an Earthquake Hits? No one wants to experience an earthquake. But these ground-shaking disasters can happen at any time, and in places where you never thought possible. But what if, like most of our clients, you live on the East Coast? What if you’re a proud Midwesterner? Why should you worry about earthquakes? The simple fact of the matter is that earthquakes happen in all states, and have since this country was founded. The USGS notes briefly that the East Coast has a long history of earthquakes, and though they aren’t as common, they can affect…
Why We Wouldn’t Insure the Tiger King (and Other No-No’s)
Sorry, Future Tiger King… You’re On Your Own Lions and tiger and bears… no thanks. There are some things an insurance agent will NOT be able to insure (like the Tiger King), and this light-hearted blog will cover a few of them. So join me as I go over things you will laugh at, some you will scratch your head about, and others you will look guiltily out of your window and hope your agent never sees the thing in your yard. (Also, Netflix, don’t sue us. This is for fun. All rights for Tiger King belong to you, almighty…
Work From Home Cyber Security Tips From a Hacker
More People Work From Home – And That Could Be Trouble Times have changed, and more and more people are having their employees work from home. Some of these changes have been forced, while others simply made sense for that particular business or employee. In some ways, this is great news. It frees up businesses to be more agile, to focus on productivity instead of just counting hours and gets rid of the biggest reason for tardiness – traffic. But there are very real challenges that come with working from home. And one of the largest is the threat of…
How Much Does It Cost To Insure A NASCAR Car?
Wait, you guys insure NASCAR? NASCAR? Okay, not really. But we LOVE cars. We built this business on writing auto insurance, and we write garage insurance for auto dealers, auto body shops and mechanics better than just about anyone in the business. So we know something about insuring cars. But what if you had a stock car, just like one of the NASCAR racers that you cheer on all year? What if you pulled up to your friend’s cook out and jumped out the window of your slick Ford Mustang race car to the shock and amazement (and a healthy…
Distracted Driver Awareness Scholarship
We Know the Impact of Distracted Driving For those of us at Alliance Insurance, we know just how devastating distracted driving is to families across the United States. In fact, we have firsthand experience of losing a loved one to this terrible trend. But saying that something is bad isn’t the same thing as seeing the numbers. So let’s look at just how many people this affects in our community and our nation. In 2016, 3,450 people lost their lives to distracted driving. That is a staggering statistic. The only thing that comes close is drunk driving, with a heart-wrenching 10,497…
3 Risks That Could Cost Your Bar Green This Saint Patrick’s Day
Stay Lucky this Saint Patrick’s Day, My Friends. For many bars, Saint Patrick’s Day is the pot of gold at the end of the rainbow. It offers crowded, thirsty customers who want to drink you out of house and home – a prospect that would terrify you at your own house but is a fantastic financial windfall for you business. But, like the leprechauns who supposedly guard the gold, St. Pat’s isn’t without it’s risk. And what good would a respectable insurance agent be if they didn’t remind people of all the bad things that can happen from everyone having…
Common lawsuits employers face today.
No one thinks they will be in a lawsuit. “It will never happen to me.” That’s what so many business owners today think when they hear about employees taking their bosses to court. The vast majority of small business owners, entrepreneurs, managers and leaders genuinely believe that the chances of being sued by an employee are slim to none. Unfortunately, they are completely wrong. If they weren’t, insurance companies wouldn’t offer Employment Practices Liability Insurance, or EPLI for short. So let’s look at some common lawsuits employers face – and see how common they are.
It’s Time to Get Real About Flood Insurance
You’re in denial about Flood Insurance. There, I said it. Flood insurance is the most overlooked policy for homeowners in the entire country. It is the biggest gap in coverage that we deal with on a daily basis, and could easily be resolved with one simple, affordable, government-backed policy. So why? Why don’t more people have flood insurance? The answer is that we really are in denial. We have told ourselves that flooding is something we will never deal with, or that if we do have a substantial amount of water creep into our homes that our homeowners policy will…