James Tweed, Powers-Leavitt Insurance

08/10/2024

While general liability insurance covers many risks, it may not protect against pool pop-up incidents. Specialized coverage can fill this gap, ensuring that you’re not left vulnerable to unexpected expenses or lawsuits.

Don’t let an unprotected pool sink your business.

Let’s talk about how to secure a policy that includes pool pop-up protection.

💼💧 Protect your business, your reputation, and your bottom line with this important and often overlooked coverage. 💧 💼

08/02/2024

🌟 Attention Contractors! 🌟

Need your certificates of insurance fast? 🏗️ We've got you covered!

We understand the urgency of your projects. That's why we guarantee to get your insurance certificates out within 24 hours! ✅

🔹 General Liability
🔹 Workers' Compensation
🔹 Commercial Auto
🔹 Umbrella
🔹 And more!

Your time is valuable, and we’re here to help you stay on schedule without the hassle.

07/27/2024

🔄 Understanding Non-Insurance Risk Transfer: Protect Your Business in Every Way Possible! 🔄

As a business owner, managing risk is a crucial part of your success. While insurance is a key component of risk management, non-insurance risk transfer is an equally important strategy to consider.

Non-insurance risk transfer involves shifting potential risks and liabilities to another party through contracts, agreements, and other legal mechanisms. This can include:

**Indemnity Agreements:** Protect your business by requiring others to hold your company harmless for specific risks.

**Hold Harmless Agreements:** Transfer liability to another party, ensuring they are responsible for any claims or losses.

**Waivers and Releases:** Limit your liability by having customers or partners acknowledge and accept certain risks.

These strategies can complement your insurance coverage, providing an additional layer of protection and reducing your overall exposure to risk.

At the Leavitt Group, we’re here to help you understand and implement non-insurance risk transfer methods tailored to your unique business needs. Let’s ensure your business is protected from every angle!

📞 Reach out to us today at 623-204-6184 or visit leavitt.com/powers to learn more about how we can help you manage risk effectively.

Powers-Leavitt Insurance provides insurance for businesses, organizations, and individuals. Talk to one of our insurance agents to see how we can help you succeed.

07/13/2024

🚨 Attention Business Owners! 🚨

Understanding your commercial general liability insurance is crucial!

One important aspect is the Designated Work Exclusion (CG 21 34). This endorsement excludes coverage for specific operations or work designated in your policy.

For example, if your policy excludes roofing work and you encounter a liability issue during a roofing project, your insurance won't cover those claims. This means you're responsible for any liabilities from those excluded activities and Self Insuring the loss.

Make sure you're aware of what your policy covers!

If you have any questions or need to review your coverage, I'm here to help. 💼🔒

07/04/2024

🏛️ At our agency, integrity and transparency are fundamental. We prioritize doing what's right by openly communicating 📣, offering clear pricing 💵, and ensuring every client receives honest, trustworthy service. These values guide our approach, fostering trust and reliability in every insurance solution we provide. 💼

04/18/2024

It's 2024. Are employees too sensitive?

Employment Practices Liability Insurance (EPLI) is a crucial safeguard for businesses. It provides coverage for expenses related to allegations of wrongful employment practices, including discrimination, harassment, and wrongful termination. 🛡️

Give me a call to get your EPLI policy set up today.

04/10/2024

Do you have Business Income Coverage?

Business Income Coverage, also known as Business Interruption Insurance, is a crucial component of business insurance. Business Income insurance acts as a safety net, ensuring your business stays afloat even when unexpected disruptions occur.

Give me a call and we can talk about how a little bit of due diligence can help keep your business open after a covered loss.

04/08/2024

When should you put commercial auto liability on a vehicle?

If your vehicle is used for business, you will likely require a commercial auto insurance policy. However, if you are a sole proprietor and only travel to a few job sites daily or use your vehicle for commuting, a personal auto insurance policy may be sufficient.

Commercial auto insurance policies offer higher limits than personal auto insurance policies, properly protecting your business in the event of a catastrophic loss.

If you operate a vehicle with signage/branding for your business, have special equipment installed, or transports goods, then you need commercial auto insurance.

04/05/2024

A few reasons to require your subcontractors and vendors to provide Certificates of Insurance:

Risk Management: Subcontractors often carry out work on behalf of the main contractor, and any accidents or damages that occur as a result of their work may expose the main contractor to potential liability. By collecting Certificates of Insurance from subcontractors, businesses can ensure that the subcontractors have the necessary insurance coverage to protect against such risks. This helps to mitigate the financial impact on the main contractor in case of any incidents.

Accountability: Collecting Certificates of Insurance from subcontractors shows that a business takes risk management seriously and prioritizes working with reputable and responsible subcontractors. It helps to establish a level of professionalism and accountability in the business relationships, demonstrating a commitment to ensuring that all parties involved are adequately covered and protected.

Cost Savings: Collecting Certificates of Insurance from subcontractors can also help businesses to keep their insurance premiums low. By verifying that subcontractors have their own insurance coverage in place, businesses can reduce the risk of expensive claims that may impact their own insurance premiums. This can ultimately result in cost savings for the business in the long run.

04/05/2024

Should your business be collecting Certificates of Insurance?

Overall, collecting Certificates of Insurance from subcontractors is an important risk management practice that helps businesses to protect themselves against potential liabilities, ensure compliance with regulations, maintain professionalism and accountability in their relationships, and save costs on insurance premiums.

Our Risk Management Center helps you keep track of them.

Call now to connect with business.

04/04/2024

Employees are still driving distracted.

Engaging in distracted driving goes beyond just using a cell phone; it encompasses any activity that takes a driver's focus away from the road, such as eating, putting on makeup, or adjusting the radio.

Drivers who operate vehicles for work purposes are more prone to driving distracted while driving for personal reasons (97%) compared to when driving for work-related reasons (93%). Additionally, individuals who drive for work are more inclined to engage in the below mentioned behaviors while driving for personal reasons as opposed to driving for work-related purposes.

• Ate food (52% vs. 41%)
• Drank a beverage (56% vs. 49%)
• Managed a music/entertainment system (49% vs. 36%)
• Talked with a passenger (46% vs. 36%)

Give me a call and we can chat about how to gain access to a library of drivers training for FREE and save you money on your renewal premium.

Call now to connect with business.