Category: Insurance Company

A Secret to Keep Insurance Premiums Down

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Insurance Premium

Want to hear a secret way to keep your insurance premiums down? Pay your insurance premiums by the due date. Late payments cost the insurance carrier money, which is then passed on to the consumer in the form of higher insurance premiums. With the availability of sophisticated data analysis, companies can now identify their customers that are less profitable and charge only those clients higher premiums. Those with a history…

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Work Comp premiums for Non-Employees in TN

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Employees Sign

Interesting case came out of the Insurors of Tennessee newsletter last week. We have a feeling insurance companies will be jumping all over Workers Compensation audits after the Tennessee Supreme court declined to hear a case about insurance companies collecting Work Comp premium on payroll for Non-Employees. Not good news for many companies who hire independent contractors. The only thing we recommend at this time is that your independent contractors…

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Are You Subsidizing Health Care Subsidy?

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Washington DC

As an insurance agent, specifically for this blog, health insurance; I am inundated with information regarding health care costs and questioned about the tax and cost implications thereof. From a statistical perspective, or in the insurance world, actuarial statistics- the increase in health care costs are directly influenced by the increase in risk.  In other words, the fact that people are no longer underwritten for health care policies for certain…

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Is Your Doctor in Your Network?

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Medical Equipment

Getting a call from a debt collector is not a phone call anyone likes to take. The presumption is that this debt is owed, therefore you must pay.  This includes doctor and hospital bills.  These debts can affect your credit score and possibly affect  your ability to buy anything on credit. Occasionally, doctors office billing departments may bill an office visit or procedure incorrectly, OR you may have gone to…

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The Red Flags for Campground Insurance Coverage

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We had a RV Park and Campground client ask our insurance agency to come up with things that may be “Red Flags” to insurance companies. Red Flags meaning exposures that are hard to insure and may change the course of a commercial insurance policy.

Don’t be a Distracted Driver

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  photo credit: faungg Are you a distracted driver? Chances are, yes. What constitutes as driving distractedly? Distractions can include changing the radio, using a navigation system, and even talking to the passengers.  Travelers has some great information about the dangers of being a distracted driver. If you didn’t know already, April is National Distracted Driving Awareness Month. One of the major distractions today is cell phones: texting, calling, or playing games while…

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College Days Are Here

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photo credit: @RunRockPrincess I remember my first day of college. It was exciting and different and completely new. I started at a community college just down the street from my house because I wasn’t sure what I wanted to go to college for. Because of that, I didn’t have to think about insurance for myself until I moved away to attend East Tennessee State University in 2009. Thankfully, my mom is in insurance…

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Life is in Our Hands

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There are a lot of things in life that are avoidable. Death, however, is not one of them. No matter what we do to attempt to prevent it, it will sneak up on us. Sometimes when we least expect it. Most of us have experienced a loss and are familiar with the expenses that go along with it. So what can we do? Life insurance allows our loved ones not…

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Up the Creek Without a Paddle

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“I don’t need disability insurance! I’m only in my thirties (or even twenties) and completely healthy. Why would I want to waste my money on that?” Let me tell you why. It is completely natural for a person to believe “only bad things happen to other people.” The truth of the matter is; accidents happen all the time. I don’t know about you, but I’m accident prone. Disability insurance protects…

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Super Strength

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A couple weeks ago, right before my friend Kevin and I went camping for a friend’s birthday, his back windshield shattered. We were on lunch when he noticed the latch of the bike rack was sitting a little off on his trunk. Reaching out, he tapped the latch so it would sit evenly. Crack. The entire back windshield shattered. Thankfully, it didn’t completely break while he drove back to work. Needless to…

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