Brock Grabarkewitz Commercial Insurance Broker

01/24/2024

Don’t be this person this year

10/14/2023

04/04/2023

*** Commercial and Residential HVAC Technicians Needed***
If you or someone you know has HVAC experience and looking for a Job.
WE ARE HIRING!
Contact our office today to schedule an interview at 512-256-5499
or Craig at 512-517-5193 [email protected].
* Must be able to properly diagnose commercial and residential HVAC equipment.
* Must be able to pass background check and have a clean driving record.
* Company truck and major tools will be provided.
* Must provide personal tools and hand tools. (Tool program in place to assist with buying personal tools).
* Job Type: Full-time (Year-round).
* Experience: HVAC Service: 3 years (Preferred).
* Paid Holidays, Vacation, and Sick Leave.
* Health Insurance available after 90 days.

03/22/2023

Check out this claims example an environmental insurance wholesaler shared with me recently. Made me say "he did... what?!"

"A contractor was performing routine maintenance on a bank’s rooftop-mounted HVAC system in early fall when yellow jacket bees began to swarm close by. He proceeded to spray an insecticide which subsequently flowed into the HVAC system. A bank teller who was asthmatic had an allergic reaction to the insecticide and was hospitalized for a week. The contractor presumably suffered only a few stings."

General Liability policies typically always exclude pollution coverage. In the case above, without a stand alone pollution policy or GL endorsement they are paying for those hospital bills & subsequent lawsuit out of pocket. Is your business covered for pollution? If you don't know call me and I'll tell you... 512-966-0566

03/21/2023

I'll be at Mozart's tomorrow morning. Y'all come say what's up!

Coffee and Contractors   March 22, 2023 | 7:00am – 8:30am at Mozart’s Coffee Roasters 3825 Lake Austin Blvd, Austin, TX, 78703 Exclusively for ABC Central Texas members Know

03/15/2023

I discovered Exclusion #86 in a local Commercial Solar Company's policy. Shockingly, the company's broker failed to explain the exclusions in the policy when they bought it. In this case the company wasn't covered for about 50% of their solar roof work.

Understanding the small details of your policy is the difference between a covered claim and a nightmare battle with your insurer.

Let my team & I review your business policies free of charge. 512-966-0566

03/14/2023

WELCOME to the North Lake Travis Chamber of Commerce!
USI Insurance Services
Brock Grabarkewitz Commercial Insurance Broker

Commercial Insurance Broker specializing in Construction, Real Estate, & Manufacturing risks.

☎️ 512-966-0566
📨[email protected]
💻 usi.com

03/05/2023

With my wife Edward Jones- Financial Advisor: Clare McNiel volunteering with the North Lake Travis Chamber 💪🏼💪🏼 Great job to everyone who raced at La Primavera Bike Race

03/03/2023

The state of the market:
"Commercial insurance premiums increased 8% on average in the fourth quarter, down marginally from the 8.1% rise in the third quarter, according to the Council of Insurance Agents & Brokers’ latest pricing report released Wednesday."

The increase marked the 21st consecutive quarter – more than five years – of rising premium rates.

What does this mean for us?

It means we are still in a hard market and Insurers are only looking to write profitable accounts. Your loss ratio will be the most important metric this year in determining your rate. Its a simple calculation of claims/premium. If you paid $100,000 in premium and racked up $20,000 in claims last year - that is a 20% loss ratio. Now 0-20 is great. 20-40 is average. Anything over that will be a tough risk to place for most agents.

If your loss ratio is under 40% make sure your broker is working to help you realize the discounts you should be receiving. If you have a claims issue - get with a broker that will put together a risk management plan that will turn you into a profitable account in the future. Think telematics, DD course, return to work programs etc. If you have no clue what your loss ratio is right now call me and I'll help you figure it out.

Source:

Commercial insurance premiums increased 8% on average in the fourth quarter, down marginally from the 8.1% rise in the third quarter, according to the Council of Insurance Agents & Brokers’ latest pricing report released Wednesday.

03/01/2023

Welcome!

Through this page, I'll be sharing news and insights on the latest developments in the commercial insurance industry, as well as tips and best practices to help you make informed decisions about your insurance needs.

Whether you're a business owner looking to protect your assets, or an individual seeking insurance coverage for yourself or your family, I'm here to help.

Thank you for joining me on this journey, holler at me whenever!