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Amity Insurance Newsletter – December 28, 2010

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Featured Articles

How To Stay Safe During Vehicle Trouble On The Roadway
As far as vehicle trouble goes, personal safety must remain the primary concern when your car breaks down away from home. In such a stressful and helpless time, it's easy to embrace a stranger as a Good Samaritan. However, that isn't always the case. One well-documented example of stranger danger is when Bill Cosby's son, Ennis Cosby, had a flat tire on Interstate 405. After pulling his Mercedes over to change the flat, he was approached by a stranger that he assumed was approaching with an intent to help him. Instead, the stranger demanded money from Ennis, and then shot him in the head and fled... More>>

Three Strategies for Lowering Auto Insurance for Your Teen
Teenagers are expensive. Parents pay for their cell phones, sports activities, video games, and when a teen starts driving, parents pay their car insurance. Car insurance is very expensive for teenagers due to their lack of experience on the road. Statistics show that teenagers are involved in a higher number of accidents with fatal or critical injuries than more experienced older drivers. Here are a few ways you may be able to decrease the cost of auto insurance for teen drivers...More>>

Five Questions to Determine Your Business Interruption Exposure
The September 11 terrorist attacks caused immense loss of life, human suffering and property destruction, particularly at the World Trade Center in New York City. The insurance losses from injuries and property damage were very large. However, the losses resulting from businesses in the area having to shut down for extended periods of time were huge. Businesses filed nearly 5,500 business interruption claims for more than $12 billion following 9/11. For many organizations, the loss of income coupled with continuing expenses after a fire or other disaster can be even more devastating than the damage itself. To increase the chances that a loss will not shut operations down permanently, organizations must accurately asses their exposures by asking some questions:...More>>

Don't Let Water Damage Delay Your Construction Project
Water, water everywhere -- and it can bring your entire construction project to a halt. From rain entering a structure through openings in the roof and unfinished windows to plumbing systems that leak when tested to flood waters that appear when snow melts, water damage is a significant cause of loss to buildings under construction. It can ruin interiors, spur the growth of mold, damage electrical equipment, and cause slip-and-fall accidents. It can also result in major construction delays as affected areas dry out and damaged materials are discarded and replaced. Even when insurance applies to the loss, the contractor will pay at least some of the costs out of pocket in the form of deductibles, debris removal costs that exceed the insurance coverage, and income lost due to delays. Preventing water damage claims adds to a contractor's bottom line...More>>