Types of Contractor Insurance

| Agency Customers, Contractor insurance, General Liability Insurance, Insurance education, Risk Management, Umbrella Liability, Workers Compensation Insurance.

Contractors face a myriad of risks and require a customized business insurance program. There are many types of contractor insurance that should be considered. Fortunately, the professional agents at Safeguard Insurance have been working with contractors, large and small, for nearly 20 years. We can help contractors find the right insurance coverage, at the right… Read more »

Affordable Commercial Auto Insurance

| Business Insurance, Commercial Auto Insurance, Risk Management.

Business use vehicles can be expensive to own and operate. Between the cost of fuel, routine upkeep, and the occasional major repair, the cost to a business can be substantial.  Here are some tips to finding affordable commercial auto insurance that will help reduce the cost to your business: Prescreen drivers. Before you even consider… Read more »

Coverage Parts of an Auto Insurance Policy

| Auto insurance, Risk Management.

At Safeguard Insurance, we think it is critically important for our customers to understand what coverage is provided by their insurance policies before a claim occurs.   That is especially true of an auto insurance policy, which has many coverage parts and optional endorsements.   Let’s examine the various parts an auto insurance policy, in… Read more »

Employee Injuries and the Course and Scope Rule

| Business Insurance, Insurance Claims, Insurance education, Risk Management, Workers Compensation Insurance.

At some point, nearly every employer will have an employee report an injury and seek treatment under a workers compensation policy. Every US state has “industrial insurance” or workers compensation laws that define the benefits payable to the injured worker (NRS 616 in Nevada). While the benefits afforded to an injured worker can vary between jurisdictions, there is… Read more »

Understanding Holiday Party Risks

| Business Insurance, Home Safety Tips, Insurance Claims, Risk Management, Special Event Insurance.

‘Tis the season for gift giving, sleigh rides and holiday parties.  With those parties comes a degree of risk for the host and our obligatory blog posting about how to prevent injury and insurance claims. Liquor Liability Some states hold hosts liable for intoxicated guests that cause injury or property damage after leaving the event.   Nevada, in… Read more »

Is General Liability Insurance Enough?

| Business Insurance, General Liability Insurance, Risk Management, Workers Compensation Insurance.

Most business owners understand that they need to carry some type of insurance to protect their operations and assets.   One of the most commonly requested types of coverage is General Liability insurance (aka the CGL policy).  But, is general liability insurance enough? In simplistic terms, general liability provides coverage for bodily injury and property damage that… Read more »

What is Surplus Lines Insurance?

| Business Insurance, Insurance education, Risk Management.

The term “surplus lines insurance” or “excess and surplus” is industry jargon that refers to a secondary insurance market that often provides coverage other insurance carriers are unwilling to offer. To understand the surplus lines market, it is helpful to understand better how insurance is regulated by each State. Insurance Regulation Every US state has… Read more »

Directors and Officers Insurance: Not All Policies Are Created Equal

| Business Insurance, Commercial Property Insurance, Insurance Claims, Insurance education, Risk Management, Uncategorized.

Many types of business insurance products use a standardized policy form. General liability, as an example, is typically issued on an ISO CG0001 form. Commercial auto and property policies also generally use an ISO form. Directors and officers insurance (D&O), however, is one of a handful of insurance products that do not have a “standard”… Read more »

Why You Should Read Your Insurance Policy

| Auto insurance, Business Insurance, Condominium Insurance, Earthquake Insurance, Flood Insurance, Garage Insurance, General Liability Insurance, Homeowners Insurance, Insurance Claims, Insurance education, Renters Insurance, Risk Management, Workers Compensation Insurance.

An insurance policy is nothing more than a contract between you, the policyholder, and the insurance company.   Because the insurer develops the policy verbiage and structure, insurance contracts are considered “contracts of adhesion“.   This means the policyholder has almost no ability to modify the language of the contract.  It does not mean, however, that you should… Read more »

Commercial General Liability Insurance: Coverage and Exclusions

| Business Insurance, General Liability Insurance, Insurance Claims, Insurance education, Risk Management.

In our many years of providing business insurance in Las Vegas, we have found that commercial general liability insurance (CGL) coverage is one of the most commonly requested, and yet least understood types of policy.   Part of the problem may be in the name:  “general liability”. It sounds broad, all-encompassing, and comprehensive. In many respects the CGL policy… Read more »

Las Vegas Special Event Insurance

| Business Insurance, General Liability Insurance, Insurance education, Risk Management, Special Event Insurance, Workers Compensation Insurance.

Every year in Las Vegas there are thousands of short-term events organized by individuals and businesses. The type of events ranges from large and loud, such as carnivals, fairs, concerts, conventions, parades, sporting events and theatrical performances, to small and simple, such as weddings, networking mixers, holiday parties and private business functions. No matter what type or size,… Read more »