Business Insurance in Las Vegas, Nevada

| Business Insurance.

The economy of Las Vegas is moving along at full-speed, according to Las Vegas Global Economic Alliance’s 2018 outlook. By nearly every metric our local economy is growing, and many industries are thriving. The manufacturing, technology, and construction industries are especially booming right now. We hope your business is also thriving in the Las Vegas… Read more »

Commercial Property Insurance Water Damage Claims

| Business Insurance, Commercial Property Insurance.

Water damage claims to commercial property are increasingly common. In fact, a study by Hartford Insurance Company shows water damage claims are second in frequency to burglary and theft losses. The cost to deal with water damage can be very high and, unfortunately, certain types of water damage claims may not covered by standard commercial… Read more »

The Importance of Loss Assessment Coverage

| Home Insurance, Homeowners Insurance, Insurance Claims, Loss Assessment Coverage.

When you purchase a home, condo, or townhome with an association you also become an owner in the association and any common areas.  If your community has 100 homes, then you would typically own 1/100th of the association.  Likewise, you are also are responsible for 1/100th of the liabilities of the association.  For example, if a… Read more »

Auto Dealer Insurance Coverage & Underwriting Tips

| Auto Dealer Insurance, Garage Insurance.

Auto dealers have very specialized insurance needs. An auto dealership has owned vehicles being driven by staff and customers, non-owned vehicles being serviced or repaired, as well as a large and valuable inventory of vehicles subject to vandalism, theft, and collision damage. To properly cover these various exposures, it is helpful to understand some of… Read more »

How to Save Money on Car Insurance Premiums for Teenage Drivers

| Auto insurance, Teen Drivers.

It’s a dreaded discussion that parents have with their insurance agent: How much is my teenage driver going to raise my auto insurance? According to teendriversource.org, motor vehicle crashes are the leading cause of death for U.S Teens. The risk of a car accident is higher among 16 to 19-year-old drivers versus any other age… Read more »

Hired Auto Claims

| Commercial Auto Insurance, Insurance education.

Even if your business does not own or operate vehicles, you could be pulled into hired auto claims by the negligence of others. The following is an example of real claim scenario that one of our contractor clients faced recently, and a reminder of why you should consider carrying hired and non-owned auto liability. What… Read more »

Have You Received a Non-Renewal On Your Auto Insurance?

| Auto insurance.

Have you received a non-renewal on your auto insurance?  It’s no secret that auto insurance rates in Nevada are some of the highest in the nation.  What most people don’t know is that the majority of auto insurance companies in Nevada have been struggling with profitability for some time.  When an insurance company is unprofitable… Read more »

Handyman Insurance Tips

| Business Insurance, Insurance education.

Working as a handyman requires a wide variety of skills. From plumbing and electrical work to carpentry and drywall repairs, a handyman can do it all. Protecting your business requires the assistance of knowledgeable insurance partner, such as the professionals at Safeguard Insurance. Here are some helpful handyman insurance tips to make sure you have… Read more »

Nevada DMV Fines

| Auto insurance.

Uninsured drivers are a huge problem on our nation’s roads.  Most states have laws that require registered vehicles to carry auto insurance at all times. This is known as compulsory auto insurance and is a public policy consideration that benefits all vehicle owners. Many times, drivers will purchase an insurance policy in order to register… Read more »

Understand Vacancy Provisions

| Uncategorized.

Within the loss conditions of most property insurance policies is a section regarding building vacancy. This is true of both personal insurance such as home and landlord insurance, and commercial insurance such as lessor risk or other property policies. This vacancy provision limits coverage damage to vacant buildings caused by certain perils and potentially reduces… Read more »

Tow Truck Insurance Coverage Basics

| Business Insurance, Commercial Auto Insurance, Tow Truck Insurance.

Like many industries, tow truck operators have very specific insurance needs. To protect your towing business, it is important you understand tow truck insurance coverage basics including the specialized policies you need. Here are 3 types of insurance coverage important for towing service operators: On-Hook Coverage and Cargo Coverage While technically these are two different… Read more »