Amity Insurance, an innovator in the insurance industry since 1978.

We are dedicated to providing excellence in risk and insurance management

Amity Insurance Newsletter – August 1, 2012

| Posted in Newsletters | Comments Off

Featured Articles

Insurance & Lawsuit Considerations for Homeowners with Dogs
More than 30 percent of homeowners insurance claims result from dog bites. In 2011, insurers paid out more than $450 million for dog bite claims. Research shows that the average payout for a dog bite claim was about $29,000 in 2011. That number reflects more than a 12 percent increase since 2010. Between the years of 2003 and 2011, the average cost of a dog bite claim increased by more than 50 percent. This increase was due to rising medical costs and larger settlement award policies. However, awards have risen far above the normal rate of inflation. This information should have every homeowner who owns a dog concerned...More>>

Notify an Agent Before Starting a Remodeling Project
In the upcoming year, home improvement activity is expected to rise. For those who plan to be a part of this rising number, it is important to have the right type of insurance and the right amount of coverage. Insurance should be in place during and after construction. Anyone considering a remodeling project should contact an agent before the process begins. Many people must alter their coverage or add more. Waiting until the project starts or is finished can be an expensive mistake, so take the following four important steps to avoid an expensive problem....More>>

Important Liquor Liability Considerations for Business Owners
If an intoxicated person causes property damage or bodily injuries on a business' premises after being served alcohol there, liquor legal liability and host liquor liability will protect the business. The details of how the person was served alcohol will determine what type of coverage is required. Business owners should understand the basics of both types of coverage....More>>

Disaster Recovery Checklist for Business Owners and Executives
Everyone is responsible for the disaster preparedness of their own households. Business owners and executives, however, have additional responsibilities. Not only do they have to get their house in order, but they are also responsible for hardening their own businesses to continue to operate despite a local disaster - and to facilitate the recovery of the business, for the sake of investors, customers, employees and vendors....More>>