We Are Now Socially Connected!
September 25, 2011 Leave a comment
We are now connected directly with our Twitter page and Facebook Page! Visit out Twitter page and Facebook page! Please follow us and like our Facebook page.
TAKE IT TO THE TOP
September 6, 2011 Leave a comment
In today’s economy, we all need to “take it to the top”. In the insurance business this could mean to insure all of your valuables in a well-written and comprehensive policy. If you have valuable furs, precious jewels, diamonds, coins, or valuable stones, they need to be insured for market value or stated value.
As the insured, you should have endorsements and individual floaters to cover all of your valuables. Don’t be afraid to “take it to the top” in adding coverage, even if it means increasing your premium. You will be money ahead. Let your insurance agent assist you in developing a policy that provides the right coverage for you.
Allow your insurance agent “take it to the top” in giving you the service and insurance you deserve. We at Denvers Insurance do just that. Let us give you a quote that will be reasonable and yet allow the proper coverage.
Karen W. Schneider
Denvers Insurance LLC and the Ahbe Group
2833 South Colorado Blvd.
Denver, Colorado 80222
(303) 219-4985
What about you, have you had problems with personal slander or copyrighting an idea?
June 28, 2011 Leave a comment
Most businesses advertise their products in order to make the sales they need for continuation. But when advertising and when copyrighting a product, one must be careful to insure against another business intruding on your territory. This could be considered an advertising injury which will be discussed below.
There is also the problem of libel and slander against a person which is called personal injury. There exists in the insurance business an Insuring Agreement where a policy provides protection for liability arising out of offenses such as libel and slander which is a personal injury. A personal injury as distinguished from bodily injury includes false arrest, detention, imprisonment, malicious prosecution, wrongful entry, eviction, or invasion of privacy.
Advertising injury includes using advertising ideas in the wrong way or a style of business, infringement of another’s copyright, title, or slogan in the insured’s advertisement; violation of privacy, as well as libel or slander. The coverage of personal and advertising injury does not include the wrongful pricing of goods, or services; insureds in the media, or as an internet search, access, content, or service provider; and loss arising out of an electronic chatroom or bulletin boards the insured hosts or owns.
So to protect yourself, especially if you are a Professional, make sure you have a Personal and Advertising Injury policy set up an in insuring agreement. This would be considered a Commercial General Liability coverage.
Contact us at Denvers Insurance (303) 219-4985 for more information and to ask any questions you may have. We enjoy helping you.
Did You Hire An Employee Or An Independent Contractor
June 28, 2011 Leave a comment
Before you go out and hire an independent contractor, or give the next 10-99 to your contractor, there are some things you need to know. Because that person might be an employee not an independent contractor. In this blog I am going to explain what the difference is. This is very important, because the last thing you need is government agency bullying you, and fining you.
What is an employee?
An employee is one who is scheduled specific hours by the employer and is required to work those hours. This person is eligible under certain requirements to benefits as designated by the employer. An employee is eligible for sick leave, medical insurance, dental insurance, and 401Ks etc. through the employer. An employee is also eligible for Workman’s Compensation if such need should arise. The employer will pay the employee’s income taxes such as social security and state taxes. Usually an employee is paid a salary or by the hour.
What is an independent contractor?
An independent contractor is one who works for an individual or company but is not scheduled or required to work certain hours. An independent contractor is totally independent as to his or her work schedule and does not receive any form of benefits from the employer. There is no Workman’s Compensation, no medical insurance, no dental or 401K eligibility. An independent contractor is responsible for paying his or her own taxes such as social security and state taxes. The most common form of compensation for the independent contractor is being paid by the job.
Understanding An Indirect Loss On An Insurance Policy
June 22, 2011 Leave a comment
When a loss occurs, and a claim is filed, the is more underneath the problem than first understood. That loss could be a pipe breaking in your house, a fire in the kitchen or any other type of occurrence. During this time all that is on the policyholders mind, is the loss at hand. But there is another loss creeping up on them, most of the time realizing it at the last second. This is known as an indirect loss.
What is an indirect loss?
An indirect loss is a loss that occurs because of another loss. It is an underlying loss that takes place because of a larger loss. On a homeowners, loss of use of a home would be an indirect loss. An example of this is, Johnny’s house catches on fire, because of the smoke, Johnny cannot stay in the house. Johnny has to rent a hotel room because of the smoke in his home. This is an indirect loss.
An example on an auto insurance policy is when Judy crashes her car and has to have it repaired. She rents an auto to use while her car is being repaired because she doesn’t have a car to drive back and forth to work. The expense of the rental car is an indirect loss.
An example of an indirect loss for a business is lack of business income. Because of a loss, the business can no longer gain income and therefore profits are hurt.
In conclusion, an indirect loss comes from a bigger loss.
What Type Of Insurance Policy Do I Need For A Rental Property?
June 13, 2011 1 Comment
Rental property’s can provide great residual incomes, and right now with the rental market in demand, a lot of people
are putting their house’s up for rent or buying investment properties. Before you do this, your insurance policy must be written correctly, or else you could have some major gaps in coverage.
First of all lest highlight some of the most common types of properties.
- Apartment Building
- Condo
- Dwelling
Apartment Building Insurance
This policy is designed for a building that houses multiple units, usually more than 3. The policy includes building coverage, a general liability, business personal property coverage, loss of use, crime coverage and more. This policy is strictly designed for apartments.
We usually write these policies through Travelers, Philadelphia or Middle Oak.
Landlord Condo Insurance
This policy is built for someone who owns a condominium and rents it out. It includes interior dwelling coverage, loss of rent, medical payments, and landlord liability. You can add things such as extended liability coverage, and loss assessment. This policy is usually written under Dwelling Fire Policy Form 8.
Landlord Dwelling Insurance
Investment houses are either written under a DP-1 or a DP-3. Or known as a dwelling fire policy. Most policies are written under a dp-3, because it gives you replacement cost coverage on the dwelling, which is better than the dp-1 actual cash value coverage on a dwelling. Always make sure you have the following coverages on your dwelling rental property.
- replacement cost on dwelling(dp-3)
- extended dwelling coverage, at least 120 percent
- landlord business property(stove top, dishwasher, fridge, washer dryer, etc)
- other structure coverage
- loss of use, for at least 12 months
- landlord liability
- sewer back up
- Ordinance & Code Coverage
If you have any questions or want a quote contact us.
Wedding Insurance, Why It Is So Important.
June 10, 2011 Leave a comment
Your Wedding is probably one of the most important dates in you life. There are all kinds of things that you need to prepare for. You have the rehearsal, you have food and catering, the brides dress, and the grooms suit. But one of your most important things is actually your wedding insurance. For your wedding should be worry free.
The biggest risk at a wedding is alcohol. Most of the time, alcohol is being served at weddings. As we all know people become a lot different after a couple of drinks, or even some times drunk. There are always safety nets you can put in to prevent alcohol related accidents. Such as providing transportation for the way home, or even offering a hotel room to all of your guests. But still at the end, alcohol related accidents happen to much.
A couple of examples of incidents that could occur during or after your weeding are; a person gets to intoxicated and drives home from your wedding. The person gets in at-fault accident and seriously hurts someone else. The next day later you find out, that they got into an accident leaving your wedding. A week after your getting find out, your getting sued by the third party they hurt. Another incident could be, after both of you leave the after party(groom and bride), your buddy Johnny gets into a fist fight with another guest because he’s drunk. A week later your getting sued by that guest that got injured by Johnny. Ultimately, they say the groom and brides wedding after party, was to irresponsible with serving alcohol.
Before the weeding you were smart enough to purchase One of Our Travelers Wedding Insurance Packages and you are covered for all of this. Lets see the highlights of this program.
Cancellation and other wedding insurance coverages
The Wedding Protector Plan® offers quality wedding insurance at an affordable price, underwritten by Travelers.
Wedding insurance can offer the following coverages for your special day.
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Cancellation / Postponement
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Lost Deposits
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Additional Expenses
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Event Photographs & Video
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Event Gifts
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Special Attire
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Special Jewelry
Special Event Liability Insurance
Affordable, no deductible Wedding Insurance
Liability Insurance is an optional coverage and can be added as an endorsement on to your Special Event Insurance Policy. It offers you protection in the case of an incident from an event you host including to add liquor liability insurance.
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Here are a few highlights of our wedding liability insurance:
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Bodily Injury, Personal Injury and Property Damage
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No Deductible
- No surcharge for Additional Insured
- Property Damage
- Liquor Liability (optional)
Up To 1 Million In Coverage Including Liquor Liability
Camp Operators Insurance | Get A Free Business Insurance Quote
June 10, 2011 Leave a comment
Camp Operators Insurance Program
Camp operations is one of the most fun and experiential things that children, family and friends can experience. They learn skills and learn to build social skills. On the other side there are many risks involved with camps. That is why create a uniquely designed insurance policy to fulfill a wide range of special needs for the Camp Operators or Owners. We help protect camps from the “unknowns”.
Our Business Owners Policies Go Above And Beyond The Industry Standard
We pride ourselves with our company’s insurance products. We know our policies have comprehensive coverage which most insurance policies do not have. Take a look a break down of coverages we offer.
- General Liability
- Building
- Business Property
- Inventory Coverage
- Special Equipment Coverage
- Loss Of Business Income
- Excess/Umbrella Liability
- Workman’s Compensation
- Commercial Auto Insurance
- Employee Dishonesty
- Accounts Receivable
- and more!
For more details on our Business Owners Policies, Please Click Here.
Our Companies Claims Process Is Excellent
We only write insurance with companies that have an excellent claims process. A claim can be complicated, but our companies will treat you fair and keep the process as simple as possible.
Personalized Service
Our agency is family based and understands insurance. You will work one-one-one with an experienced agent who will find a policy that best fits your business needs. We believe in “good old-fashioned customer service”.
Get A Free Business Insurance Quote
Please contact us during normal business hours at 1-888-270-0995. Or use our quick form and we will contact you right away. You will work with a licensed experienced agent, who will work with you, to get a free competitive quote.
Karen W. Schneider
Mark Schneider
Schneider Insurance - Independent Agents & Brokers (303)-219-4985 