Category Archives: Business

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Business: Executives

Debbie Fiorino Named an Influential Business Woman by South Florida Business Journal

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Debbie Fiorino was named a 2020 Influential Business Woman by South Florida Business Journal.

Being an Influential Business Woman extends beyond the boardroom, it is about being a role model, a calming voice of reason in times of uncertainty and inspiring others to persevere as we will all come out stronger on the other side.


FORT LAUDERDALE, Fla. (PRWEB)

Dream Vacations, CruiseOne® and Cruises Inc.® Chief Operating Officer Debbie Fiorino was recently named an Influential Business Woman by South Florida Business Journal. Honorees have strong records of leadership, performance and innovation in their industries plus meaningful community involvement.

“2020 has been a roller coaster of a year and while being recognized as an Influential Business Woman is always an honor, this recognition is even more meaningful today as we are all navigating through unforeseen circumstances impacting the world we live in,” said Fiorino. “To me, being an Influential Business Woman extends beyond the boardroom, it is about being a role model, a calming voice of reason in times of uncertainty and inspiring others to persevere as we will all come out stronger on the other side.”

Fiorino was honored for her dynamic personality and servant leadership; she not only changed the company culture, but also made the division experience incredible growth year-after-year since taking over in 2014. Her influence extends beyond Dream Vacations, CruiseOne and Cruises Inc., through her extensive community involvement and her advocacy for travel agents nationwide, which is more prevalent and important than ever before.

This recognition comes on the heels of several other accolades Fiorino received early this year, including being name a Power Woman by Moves magazine and a Woman of Wonder by Franchise Dictionary magazine.

To learn more about the CruiseOne / Dream Vacations travel agency franchise opportunity, please visit http://www.dreamvacationsfranchise.com, and visit http://www.sellcruises.com to learn more about the Cruises Inc. business opportunity.

About Dream Vacations, CruiseOne® and Cruises Inc.®

Dream Vacations, CruiseOne® and Cruises Inc.® are part of World Travel Holdings, the nation’s largest cruise agency and award-winning leisure travel company. The Dream Vacations and CruiseOne franchise opportunities give entrepreneurs a choice in how they want to brand their travel business, and Cruises Inc. is an independent business opportunity. Both business models provide a work-from-home opportunity to those interested in selling all types of travel experiences whether it be a cruise, resort stay or land tour. With a mission of delivering a remarkable experience, travel agents with all three brands are given premium resources to plan and create a seamless vacation experience for the customer while offering the best value. For more information on Dream Vacations and CruiseOne, visit http://www.DreamVacationsFranchise.com, like the Facebook page http://www.facebook.com/DreamVacationsFranchise, follow on Twitter at @Dream_Franchise or watch its videos at http://www.youtube.com/DreamVacationsBusiness. For more information on Cruises Inc., visit http://www.SellCruises.com and become a fan on Facebook at http://www.facebook.com/SellCruises.

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Business: Insurance

Seeking Innovation from Captive Insurers

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Maglaras has determined that captive insurance companies owned by health care providers may be able, in some cases, to play a significant role in property claim recovery, depending upon the amount of the loss, and the strength and availability of a captive’s surplus.


ASHFORD, Conn. (PRWEB)

As health care facilities rise to meet the challenge of the COVID-19 pandemic, these health care facilities are suffering significant daily loss of revenue as they are mandated to reallocate resources to dealing with the outbreak…at the expense of ambulatory and elective surgery revenue.

Property policies written for health care institutions frequently contain broad limitations on business interruption coverage caused by the cascading effect of dealing with the coronavirus.

“Health care facilities are quickly realizing that business interruption claims caused by the COVID-19 crisis may be difficult to collect on, unless physical loss or damage to property can be substantiated,” said Michael Maglaras, Principal of Michael Maglaras & Company. “We’re now actively engaged with four health care systems in freeing up excess surplus in order to contribute to business interruption losses not covered by standard commercial property policies.”

Maglaras has determined that captive insurance companies owned by health care providers may be able, in some cases, to play a significant role in property claim recovery, depending upon the amount of the loss, and the strength and availability of a captive’s surplus.

“We first encourage health care providers to determine the amount of commercial property business interruption and time element coverage that may be available for decontamination costs, communicable disease cleanup, and interruption by communicable disease,” added Maglaras. “But we are very busy speaking daily with health care systems about how they can use their captives’ existing surplus to augment property insurance coverage availability.”

This process does not involve declaring dividends from a captive, but does involve the manuscripting of supplementary business interruption and time element coverage to assist in reimbursing expenses directly tied to loss of revenue.

“Even in the case of claims tied directly to business interruption by civil authority, we can create supplementary coverage sources to partially pay business interruption losses, provided that these additional balance sheet liabilities do not compromise reasonable ratios of existing equity to long-term liabilities,” added Maglaras.

Maglaras noted that he is busy moving captives owned by tax-exempt U.S. health care providers, which have had a long offshore domicile history, back to the United States.

“There’s virtually no reason for a 501(c)(3) tax-exempt health care provider to own a captive domiciled outside the United States anymore,” said Maglaras. “Perhaps this terrible COVID-19 crisis will convince U.S. health care executives that a U.S. domicile for their captives now makes more sense, not only from the standpoint of innovation and creative solutions…but also from the standpoint of optics.”

To learn more about Michael Maglaras & Company: http://www.michaelmaglaras.com.

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Business: Executives

Mike Firmage Named 2020 Boutique Investment Banker of the Year at the M&A Atlas Awards

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Highest praise for Mike. He’s able to assemble, finalize & close the most complex and stressful deals with grace. If you’re an entrepreneur looking at M&A opportunities for your business–and are lucky enough to be able to work with Mike–do it. Simple as that. You will be amazed.


WASHINGTON (PRWEB)

Global M&A Network recently honored the winners of the prestigious M&A Atlas Awards (USA) during a gala held in their honor. The independently governed awards recognize M&A excellence in numerous categories spanning value-creating transactions, outstanding firms, top professionals, and legendary leaders in mergers and acquisitions.

At the awards, Mike Firmage, Managing Director and Co-founder at Horizon Partners, was named Boutique Investment Banker of the Year for innovation in transaction strategy, process, and structuring. The significant recognition comes following prior receipt of numerous industry honors for excellence in deal making and client advisory. These include several “transaction of the year” awards as well as distinction as a Rising Star (M&A Atlas Awards) and Emerging Leader (M&A Advisor).

“Each leadership and professional award recipient is among the top influencers and change makers in the industry, with a distinguished record of the highest performance and deal execution standards, vision in shaping their organizations and industry, as well as a matchless combination of personal humility, support for the community, and commitment to excellence and innovation,” said Shanta Kumari, CEO of Global M&A Network.

Of the award, Mike said, “I am humbled to be recognized for the work that I have been so passionate about throughout my career and am grateful to past and present colleagues and clients for their contributions to the endeavors culminating in such an honor. It takes numerous hard-working and dedicated professionals to create award-winning outcomes and I am grateful to work with folks of that caliber at Horizon and at our client companies.”

At the gala, Mike and the rest of the Horizon Partners team were also honored with the Recapitalization of the Year and Boutique Investment Bank of the Year awards for their work on Kayne Partners’ and Kennet Partners’ recapitalization of Spatial Networks, developers of the category-creating Fulcrum App. In the transaction, Mike conceived of and architected the combination of a leading growth buyout firm that had historically focused on smaller buyouts and a top tier growth equity investor that had traditionally focused on minority investments. In doing so, he successfully brought the Spatial Networks board an investor group that would provide a diversity of thought, experience, insight, and expertise uncommon in transactions of this category.

These three awards come a year after Mike and the Horizon Partners deal team won multiple ‘Transaction of the Year’ distinctions at the M&A Atlas Awards and M&A Advisor Awards for Silversmith & Spotify’s acquisition of a majority equity stake in DistroKid. At the time of the awards, DistroKid Founder & CEO Philip Kaplan said:

“Highest praise for Mike. He’s able to assemble, finalize & close the most complex and stressful deals with grace. If you’re an entrepreneur looking at M&A opportunities for your business–and are lucky enough to be able to work with Mike–do it. Simple as that. You will be amazed.”

Since founding Horizon with Sandy Kory in 2010, Mike has led or co-led Horizon’s completion of over 20 sell-side M&A transactions — approaching $1 billion in total value — for founder-owned lower middle market technology companies. Based in San Francisco, Horizon specializes in sell-side M&A, predominantly for bootstrapped SaaS, mobile, and other tech companies. In many of the firm’s engagements, Mike and other Horizon professionals have served in a mix of strategic advisory and interim CFO roles before engaging M&A markets on their clients’ behalves, representative of the unique “artisanal financial advisory” approach that they have pioneered.

Mike developed his early orientation to operations-focused, long-term, and hands-on financial advisory while at Hillhouse Capital Advisors, a boutique financial services firm that he founded prior to Horizon. There, he served in deep operational roles – often living on-site for months at a time – at client companies during the financial crisis of 2008-2009. During this time, he closed multiple industry-changing transactions at a time when few deals were getting done. He attributes much of this success to the unique level of knowledge, strategic insight, and foresight only gained through feet-on-the-ground operational execution merged with the M&A process. He credits similar philosophies for helping his team deliver a level of work output and quality that have led to top decile transaction multiples in many of his firm’s recent engagements.

Mike holds an MBA from the Yale School of Management, graduating with Distinction in Finance & the Law. He received a B.A. in Finance from the University of Utah where he graduated with highest honors.

For more information, please visit http://www.horizonpartners.com, Mike’s blog at http://www.agilitygrowth.com, or feel free to connect with Mike on LinkedIn: https://www.linkedin.com/in/firmage/.

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Business: Insurance

Tremor Opens Weekly Industry Loss Warranty Trading

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The re/insurance market must remain open for business, Tremor intends to not only play its part to ensure that this happens by helping to facilitate traditional transactions, but we are continuing to modernize trading in the process.


BOSTON (PRWEB)

The traditional insurance and reinsurance market is facing many challenges due to COVID-19. In light of the importance of keeping re/insurance trades flowing, Tremor is opening weekly online Industry Loss Warranty (ILW) auctions beginning April 2, 2020. The company will host a weekly auction every Thursday to ensure that the ILW market continues to operate while bringing additional efficiencies to the process. Buyers and sellers of ILW protection are welcome to participate.

Tremor will post a range of common ILWs in each auction. Interested parties can submit blind, sealed bids to buy and/or sell the posted ILWs; upon the close of bidding, Tremor will compute a market clearing price for each ILW and consequent trades.

  • US wind and earthquake perils will be available initially, followed by additional regions and perils in coming weeks.

  • Each structure will have a fixed insurance form and ISDA form contract wording from which participants may choose.

  • Participants are not known to each other in advance, and bids are blind and sealed; Tremor will reveal identities after the auction for parties who transact.

  • Participants who are unable to transact in the auction will not have their interest revealed.

  • An A.M. Best credit rating of A- or better or fully collateralized commitments are required for protection sellers.

  • The bidding window will close at the end of the day each Thursday, the auction will run and results will be reported the following day

  • Tremor will publicly report the clearing price for each ILW; when no trade clears, Tremor will report the spread to the first dollar of trade.

Tremor’s powerful, proven market clearing technology enables participants to execute complex trading strategies. Bidders commit to the quantities they want to buy or sell at each price. Bidders can also leverage complex constraints to transact the coverage that is best for them, for example, to sell only the $10M of ILW protection that offers the best margins. These tools allow bidders to trade with confidence in the face of today’s challenging market.

“The re/insurance market must remain open for business, Tremor intends to not only play its part to ensure that this happens by helping to facilitate traditional transactions, but we are continuing to modernize trading in the process. While some in the market are calling for delays and automatic contract extensions, we believe that we can help the market transact faster and more efficiently with our fully cloud-based marketplace technologies – even when facing the enormous challenges the market faces today”, said Sean Bourgeois, Founder & CEO of Tremor.

To further this effort, Tremor has partnered with PCS, a Verisk business, and will use PCS catastrophe loss estimates for the United States, Canada, Japan, and the Asia-Pacific region as well as global cyber as the reference trigger on transactions cleared. “I’ve been a believer in Tremor since its earliest days and feel strongly that their technology can help address an important need in the global ILW market, said Tom Johansmeyer, head of PCS. He added, “Increased demand for ILWs over the past twelve months could potentially increase even more as a result of the impact COVID-19 could have on market conditions. The time is right, and the team is right. Tremor’s approach to market design should help protection buyers and sellers operate efficiently. We look forward to supporting Tremor in this initiative, particularly as we add more risk areas to our portfolio, which will help Tremor broaden its support to the global re/insurance industry.”

In addition, Tremor will be partnering with brokers in innovative ways to help bring trades to its continuous ILW marketplace. The company believes that brokers will continue to play an important role providing guidance and technical expertise as needed.

While the company is sensitive to the challenges of the marketplace today, Tremor is determined to ensure critical re/insurance trading takes place. Tremor representatives and our broker partners will be reaching out to both sides of the market ahead of our first planned auction event on April 2nd.

About Tremor: Tremor is a venture-backed insurance technology firm where world class computer scientists, economists, market designers and industry practitioners are working together to build a modern risk transfer marketplace. Tremor’s “smart market” platform incorporates intelligent market design, state-of-the-art auction technology and sophisticated optimization techniques to vastly improve how risk is transferred around the world.

If you would like further information, please contact Suzan Jo at 203-244-7678 or sjo@tremor.co.

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Business: Executives

Jon Lieber rejoins Eurasia Group as Managing Director, United States

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“At a time of unprecedented volatility in US domestic politics, the need for sharp, strategic insights is clear. We are delighted that our clients will again benefit from Jon’s deep expertise and market-relevant analysis at this critical juncture.” – Ian Bremmer, Eurasia Group president


NEW YORK (PRWEB)

Jon Lieber, former principal at PwC, has rejoined Eurasia Group as managing director for the United States. Lieber previously led United States coverage at the firm from 2016 to 2017.

Based in Washington, DC, Lieber will lead the firm’s coverage of political and policy developments in the US capital.

“At a time of unprecedented volatility in US domestic politics, the need for sharp, strategic insights is clear,” said Ian Bremmer, president of Eurasia Group. “We are delighted that our clients will again benefit from Jon’s deep expertise and market-relevant analysis at this critical juncture.”

As part of Eurasia Group’s expanded US politics coverage, the firm has also partnered with Ipsos, one of the top global public opinion firms, to offer clients exclusive analysis that weds Ipsos data analytics and polling expertise with Eurasia Group’s experience in covering both the US primaries and the general election.

At PwC, Lieber was a principal in the National Economics and Statistics group. He has extensive experience in government working as an economist at the House Ways and Means Committee, an associate director at the National Economic Council at the White House, and a senior economic policy advisor to Senate Majority Leader Mitch McConnell. In these roles, Lieber has advised senior elected officials, staff, and business leaders on a wide range of policy areas, negotiated spending and tax packages with the Obama administration, and shepherded several significant trade agreements through Congress.

Lieber holds a master’s degree in economics and a bachelor’s degree in philosophy from Tufts University. (Full bio)

Eurasia Group is the world’s leading global political risk research and consulting firm. By providing information and insight on how political developments move markets, we help clients anticipate and respond to instability and opportunities everywhere they invest or do business. Our expertise includes developed and developing countries in every region of the world, specific economic sectors, and the business and investment playing fields of the future. With our best-in-class advisory and consulting offerings and GZERO Media, the Eurasia Group umbrella provides the marketplace with a complete political risk solution. Headquartered in New York, we have offices in Washington DC, London, San Francisco, Brasilia, Sao Paulo, Singapore, and Tokyo, as well as on-the-ground experts and resources in more than a hundred countries. “Politics first” grounds our work: Politics is the lens through which we view the world, and we are committed to analysis that is free of political bias and the influence of private interests.

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Business: Insurance

Tampa InsurTech Firm Hiring 80 Remote Employees in Wake of COVID-19—Here’s How

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In times of uncertainty and continuing layoffs all over the globe, Ensurem’s actions are vital in not only continuing the company’s operations but also providing employment when it’s needed most.


CLEARWATER, Fla. (PRWEB)

As the COVID-19 pandemic rages on while the chances of the outbreak worsening increases, around 24% of employers plan to downsize, according to a survey of business owners conducted by the wealth manager UBS earlier this month.(1) In quick response to the worldwide current and growing employment uncertainty, insurance technology and product distribution company Ensurem is implementing a “Business Disaster Plan.” This plan includes the company transitioning to a 100% remote work strategy while executing an innovative hiring process to nearly double its agent-base by the end of July.

Ensurem’s COVID-19 Business Disaster Plan:

As part of Ensurem’s business disaster plan, which officially went into effect last week, the company currently has 100+ employees now operating as a remote-based workforce. Ensurem has set up these employees with computers and has established tactics to effectively communicate while working from afar. This strategy comes at a time where the coronavirus pandemic has begun what’s considered to be “the world’s largest work-from-home experiment.” (2)

Ensurem’s business disaster plan is also preparing to recruit 80 additional agents through a partially virtual onboarding strategy (following the potential applicants’ background checks and deeming them to be an appropriate fit for the company). During the onboarding process of call-center insurance agents, these new recruits will undergo a two-week training class at the company’s contact center—with a limit to 10 trainees at a time, seated 8-10 feet apart from one another in order to maintain safety. With a very large training center, supers and trainers who are present will still be able to train efficiently while practicing social distancing. Following their completion of this training, new employees will then begin their work—over the phone and 100% remote-based. This process will continue every two weeks until Ensurem’s desired target of 150 agents is met by the end of this July.

This novel company process aims to adhere to the social-distancing guidelines from health officials as well as the safety of current and oncoming employees. In times of uncertainty and continuing layoffs all over the globe, Ensurem’s actions are vital in not only continuing the company’s operations but also providing employment when it’s needed most.

With employee retention of paramount importance for Ensurem, as mentioned by Dave Rich, CEO of online multi-carrier insurance broker Ensurem, it is now more vital than ever to promote retainability and safety—especially when it comes to the onboarding of new employees. “We’re a company whose ‘why’ is to help its customers navigate the complexities of the senior insurance marketplace,” says Rich. “We can’t accomplish that without a great team in place, acting as a team. We don’t just say that, we mean it; we have the utmost respect for every one of our team members, and we’re committed to giving them everything they need to succeed.”

The benefit of Ensurem as a technological company is that it can instantly transform from traditional to remote while continuing to foster a virtually efficient workforce as the company continues to bring on new employees. With Ensurem’s technology, the company can see what is happening on its agents’ screens as well as listen in on calls in order to coach and train others in real time, online.

Moving forward, Ensurem’s COVID-19 business disaster plan will continue to hire through a mix of virtual recruiting rooms, webinars, and video conferencing tools, such as Skype. In continuing operations, the company is strictly focused on meeting HIPAA and PII protocols for the safety and protection of all its employees and customers.

About Ensurem:

Ensurem, headquartered in Clearwater, FL, is a leading technology and product distribution company serving carriers and consumers within the massive U.S. senior market. The company provides end-to-end solutions for carriers, including product development, digital marketing, and consumer-centric front and back ends. For more information, visit http://www.Ensurem.com.

1.    Bomey, Nathan. “COVID-19 Job Cuts: Layoffs Accelerate as Coronavirus Disrupts American Economy.” USA Today, Gannett Satellite Information Network, 18 Mar. 2020, usatoday.com/story/money/2020/03/17/covid-19-job-cuts-layoffs-coronavirus-economy/5068695002/.

2.    Shelly Banjo, Livia Yap. “Coronavirus Outbreak Is World’s Largest Work-From-Home Experiment.” Time, Time, 3 Feb. 2020, time.com/5776660/coronavirus-work-from-home/?utm_source=link_wwwv9&utm_campaign=item_288956&utm_medium=copy.

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Business: Insurance

Best Ways To Get Cheaper Car Insurance For Teen Drivers

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“Teens, which are usually considered high-risk drivers, can get affordable premiums. Check our website for more info about auto insurance” said Russell Rabichev, Marketing Director of Internet Marketing Company.


Los Angeles, CA (PRWEB)

Cheapquotesautoinsurance.com has released a new article that explains how teens can get cheap car insurance.

For more info and free car insurance quotes online, visit https://cheapquotesautoinsurance.com/how-to-make-teen-car-insurance-cheaper/

Teen car insurance premiums tend to be very expensive. Lack of experience and certain risky behaviors associated with teenage results in teens being considered high-risk. However, there are few ways to reduce the premiums:


  •     Get better grades. Teens with good grades will benefit from a car insurance discount. They are seen as more responsible for insurance companies. Furthermore, it is assumed that a teen with good grades spends more time studying instead of going out and partying. Thus, he is less exposed to accidents. Online questionnaires ask if the teen has at least a 3.0 GPA (B average). Proof of good grades will be required. The company may also ask to prove that the student is on the Dean’s Honor List. Bring report cards and signed documents. A good-grades student discount may save up to 15% of the insurance costs.

  •     Graduate approved defensive driving courses. Graduating an approved defensive driving program ensures another discount. Besides that, the driver can offset some license points, thus keeping premiums low. When getting online quotes, most questionnaires ask about completed courses or if the client is willing to participate.

  •     Choose a safe car to drive. When buying a new car, it is important to check its safety ratings. Although it may be tempting to get a speedy, sports car, this will make the premiums extremely expensive. Since a powerful engine and an inexperienced driver does not make a good combo, many insurers will even refuse to provide coverage.

  •     Look for customized contracts. Insurance companies can issue special contracts and cheaper premiums to teens. But the teen has to agree to always wear a seatbelt, do not consume alcohol or drugs and drive, limit the maximum mileage and other conditions. Teens that consider themselves good drivers should apply for UBI coverage.

Cheapquotesautoinsurance.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://cheapquotesautoinsurance.com

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Business: Insurance

APHW’s Planning, Tech Allow ‘Business As Usual’ During COVID-19 Lockdown

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This would not have been possible without the foresight of leadership to develop cloud-based systems that our employees could access from anywhere.


JACKSON, Mich. (PRWEB)

America’s Preferred Home Warranty (APHW) continued providing award-winning customer service without a hitch—and with virtually no hold times—Tuesday, after Michigan’s Governor Whitmer, in an effort to protect all Michiganders, signed Executive Order 2020-21 directing residents to remain at home or in their place of residence to the maximum extent feasible. But then, most of APHW’s staff were already working from home at that point: The company had leveraged technology along with years of planning for an event just such as COVID-19.

“This would not have been possible without the foresight of leadership to develop cloud-based systems that our employees could access from anywhere,” said APHW Vice President of Operations Mike Sadler. “We had an emergency preparedness plan to keep operations up and running despite anything thrown at us. This is that very plan in action, and it’s going even better than we could have hoped.”

APHW’s investments in technology and systems, along with detailed documented process planning, have resulted in a full-time, uninterrupted operation with the same exceptional customer service that homeowners and real estate agents have come to know. “We’ve been able to transition our staff to working from home quickly and seamlessly,” said APHW CEO Rodney Martin. “Our entire operation is 100% U.S. based, we answer all of our calls right here in Michigan, and we’ve continued answering with virtually no hold times at all.”

APHW has also taken a variety of other technological steps recently, including developing a way for customers to Start a Claim Online (https://aphw.com/claim-start/), and achieving a spot in the HousingWire.com TECH-100 (a list of companies innovating technology for real estate), recognizing APHW’s Real-Pro® app, which enables real estate agents nationwide to order and track APHW home warranties in under a minute. (https://bit.ly/3dwPKKq)

While many American companies face difficult economic times with the coronavirus (along with the rest of the world), APHW continues to break barriers.

For more information, visit APHW.COM or call 888.351.3681 to buy a home warranty today!

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Business: Insurance

Orcutt Water Damage Company Reports ‘Questions To Ask Your Insurance Company’

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The time to learn what your insurance company covers is before something happens.


PASO ROBLES, Calif. (PRWEB)

“Better late that never” is not a good philosophy when addressing water damage in your home or business. The old saying, “A stitch in time saves nine” is much more appropriate and finding out exactly what kinds of water damage your insurance covers is one stitch closer to being prepared.

Mark Powers, franchise owner of SERVPRO of Orcutt said, “Water damage can be very expensive to repair, especially if it goes undetected or if there is a catastrophic event.” A leader in repairing water damage, mold and fire damage, SERVPRO works with hundreds of insurance companies to help property owners get their claims processed fairly and quickly. “But, we can only help process claims that your insurance covers,” said Powers.

The time to learn what your insurance company covers and doesn’t cover is before you buy the policy. Insurance does not prevent leaking or broken pipes or the toilet or bathtub overflowing, but you can certainly have peace of mind knowing what kinds of water damage incidents your insurance will cover.

Questions to ask your insurance agent include, “Am I covered for water damage caused by:”


  • Storms, including heavy snow if your property is in snow country

  • Water damage that is the result of putting out a fire

  • Toilet, bathtub, washing machine or other appliance overflowing

  • A leaking roof

  • Water damage to walls, floors and cabinets

  • Burst, leaking or faulty plumbing

  • Mold damage that is the result of water damage

  • Vandalism

  • Any other type of water damage

As mentioned, insurance is not going to prevent accidents, but knowing you are covered when something does happen certainly helps reduce some of the stress.

Individual insurance companies may cover more or fewer circumstances and the scenarios may vary. For example, if the roof leaks the insurance may only cover the replacement and repair of possessions inside the house, but not replacement costs for the roof. This is just one example of why it is important to know what your insurance covers.

Typically, insurance does not cover water damage that is caused by neglect. This is why it is important to inspect for leaks and repair any potential problem as soon as possible.

Flood insurance that helps restore your property and possessions after a flood is typically a separate policy. If you live on a flood plain or in an area otherwise subject to flooding, your insurance agent can help you get flood insurance.

Locally owned SERVPRO of Orcutt is ready 24/7 to help. The expert team of highly trained Orcutt water damage technicians are trusted leaders in the water restoration industry, using the most advanced inspection techniques and extraction and drying equipment.

SERVPRO of Orcutt

1279 W. Stowell Road, Suite C

Santa Maria, CA 93458

(805) 922-t5457

This press release is by Santa Maria SEO and online marketing company Access Publishing, 806 9th Street, #2D, Paso Robles, CA 93446, (805) 226-9890.

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Business: Insurance

Insurance Experts Present The Best Ways To Save Money On Car Insurance

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“Car insurance does not have to cost a fortune. Check our website for more info and free quotes”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Car insurance is required by law across the United States. Without meeting the state’s minimum requirements, a driver cannot legally drive. Some people may consider car insurance too expensive (and, in fact, it really expensive for some categories of drivers) and decide to drop coverage. This is a huge mistake, which can have really unpleasant consequences. The alternative is to make premiums cheaper. Check the next 6 ways to reduce insurance costs:


  • Maintain a clean driving record. Although this may seem obvious, being a safe driver is the best way to keep premiums under control. Furthermore, being a safe driver and staying with the same driver for a number of consecutive years will grant driver access to some discounts and bonuses. Avoid traffic violations, like speeding, ignoring signs and a red light or DUI/DWI. Accumulating too many traffic violations may determine the insurer to cancel current and future bonuses.

  • Be honest when declaring the main driver. Some people lie when applying for car insurance and assign a more experienced person as the main driver. This is called “fronting” and it is considered a fraud. If this is discovered (usually after a claim), the insurance company will decline the claim and will begin a thorough investigation. The fraud will be recorded and any insurance company will know who they are dealing with.

  • Do not borrow the car to inexperienced drivers. Even if his relatives or friends ask it, if they are horrible drivers, the policyholder should respectfully decline. If those persons commit or get involved in an accident, the insurer will investigate the case and the policyholder will be held responsible.

  • Pay the premiums in advance. Paying-in-full is a smart way to reduce insurance costs. As advertised by many online forms, paying everything in advance can save the policyholder as much as 15%.

  • Enroll and graduate defensive driving courses. Insurance companies appreciate and reward safe drivers. People who voluntarily enrolled in defensive driving coursed and graduated them will get a discount. Furthermore, graduating courses will help drivers keep premiums low, by offsetting some future license points.

  • Avoid filing claims for minor accidents. It is not recommended to bother the insurer for just a few scratches or dents which can be easily repaired and will cost little. Compare the repair costs with the existing deductibles.

  • Maintain a good credit score or improve it. When filling online questionnaires, one of the most common questions is related to credit score standing. Naturally, people with Excellent status will get better prices. Improving the credit score is possible, but requires financial counseling from experts. Some strategies may imply using balance transfer credit cards or short term loans

  • Use online car insurance quotes. Online quotes will help drivers compare rates with multiple insurance providers. They will also help drivers customize coverage options and create a coverage plan suitable for the driver’s needs and financial possibilities.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org.

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