Essential Takeaways: Most Connecticut business owners receive a workers’ comp quote and either accept it or shop around for a lower rate. Neither approach, however, verifies whether the calculation behind the premium is correct in the first place. Every workers’ compensation insurance CT premium is calculated using a defined formula based on three factors. Understanding […]
Essential Takeaways: Many Connecticut homeowners with older properties assume they don’t need to worry about what happens to their home if they have an insurance policy. Even if your premiums are paid, however, it is important to understand that having a policy is not the same as being covered for everything. In fact, there can […]
Essential Takeaways: Many small business owners in Connecticut think about workers’ comp the same way they think about payroll, which is per head. The problem is that workers’ compensation insurance CT premiums are not calculated that way, and approaching them as a flat per-person cost can result in budgets that don’t fare well in the […]
Essential Takeaways: Connecticut’s housing stock contains countless older homes that are full of charm, but many of them also have original plumbing, wiring, or roofing systems that predate today’s underwriting standards. When it comes to obtaining homeowners insurance, Connecticut carriers weigh age heavily. Insurers simply won’t evaluate a pre-1940 Colonial the same way they would […]
Essential Takeaways: Victorian homes are full of charm, with their carved millwork, ornate trim, and decorative plaster. However, all of these features are expensive, and if a disaster, such as a storm or fire, forces you to rebuild, a standard homeowners’ insurance policy may not be enough to cover the full cost of restoring these […]
Essential Takeaways: Connecticut is a highly desirable place to own a home, thanks to its charming colonial architecture and scenic coastal views. However, there is also another reality many homeowners must address: some properties can be very challenging to insure via standard carriers. Has your home been declined homeowners’ insurance or non-renewed? Most insurability problems […]
Essential Takeaways: Connecticut workers’ compensation insurance for trucking companies has little in common with standard policies that require filling out a quick form and moving on. The state has a series of complicated rules and class codes governing trucking, not to mention its reputation for scrutinizing worker classifications. Interstate coverage requirements only add to the […]
Essential Takeaways: At high-risk recreation businesses, accepting the potential for danger is part of the job. Whether the operation involves whitewater rafting, extreme sports instruction, paintball, rock climbing, or zip lines, there is a very real chance of becoming injured, possibly severely. A standard workers’ compensation policy is not made for these types of environments, […]
