• 22
  • May2018

No One Likes To Be Sold

When you think of “being sold” I’m sure that the proverbial used car salesperson pops into your head, or maybe the ever persistent insurance sales person, right? Insurance sales has a bad rap.  Comedians even make fun of insurance salespeople.  Woody Allen once said:  "That there are worse things in life than death.  Have you ever

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  • 21
  • May2018

The Six Figure Exclusion

I recently presented our Diagnostic Insurance Coverage Review (Step three of our Unique Risk Strategy) to a prospective client, and something they said is still ringing in my ears. We found that the current agent had covered the client’s business personal property in their warehouse on their Ocean Cargo policy, which isn’t uncommon.  But what we

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  • 04
  • May2018

How Much is Enough Liability Protection?

A lot of prospects and clients ask me: "How much is enough liability protection?" It's not easy to answer, but we often recommend that in addition to primary general liability and auto liability limits of $1,000,000 or $2,000,000 that they should also consider at least a $1,000,000 umbrella policy. I say at LEAST one million, but would

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  • 03
  • May2018

Why You Won’t Find a Quote Engine on Our Website

I read an interesting article in the NY Times about how online quoting of insurance is squeezing insurance agents and their commissions. Disruption? The internet has certainly disrupted several industries and changed forever the way we purchase some goods and services. It wasn’t that many years ago that you actually went to a travel agency to

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  • 20
  • Apr2018

Umbrella & Excess Liability Insurance

Litigation against New York business owners and entities can run into the millions of dollars from losses arising from simple slip and falls to auto accidents to product claims, which necessitates high limits of liability protection found in Umbrella & Excess Liability policies.  Umbrella & Excess Liability Insurance most often will provide at least one million dollars

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  • 13
  • Apr2018

What is Professional Liability or E&O Insurance?

    Professional Liability Insurance, Errors & Omissions Insurance or E&O Insurance are common and interchangeable terms of insurance that cover a variety of professional occupations outside of the medical community.  Medical related professional policies are often referred to as malpractice insurance.   Professional or E&O insurance protects those in professional businesses from losses arising from their acts,

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  • 04
  • Apr2018

Contractors Beware of Action Over Liability Exclusions

[embed]https://youtu.be/HLrjhg32auc[/embed] Action Over Liability Exclusions Hi, my name is Gordon Coyle and today we're going to talk about what an action-over claim is or what an action over third-party liability exclusion is in your general liability policy. Action-over issues are misunderstood by a lot of contractors and insurance brokers in New York.   It's a pretty confusing

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