- Renters InsuranceBe sure to check in with your clients as we approach the fall to make sure that their home is covered, but also that their college students have the coverage that they need as they go off to school. What is renters insurance? Renters insurance coverage protects your client’s personal property against damage or loss, and protects them in case someone is injured while on their property. Why should my client Purchase Renters Insurance? College students living in off-campus rental housing or dorm housing are ideal candidates for needing renters insurance, since many students bring thousands of dollars worth of personal items along with them. Students typically bring electronics, a computer, textbooks, clothes, furniture, and a bicycle to school with them. The value of those items all together is high, and would be hard for a student to replace in the event that it is stolen or damaged as a result of a fire, theft or other unexpected circumstances. In a renter/landlord relationship, it is the renter’s responsibility to provide coverage for these valuable items. In school dorms, personal property is typically not covered- however checking the school [...]
- Health InsuranceOnce you’ve received your Group Health Insurance Quote back from your CSR, you’ll notice that it’s very long. Very, very long! The average quote could be anywhere from 70 to 100 pages in length! Please don’t email the quote to your client, and expect them to know how to read it. You will be more successful when you take the time to help your client understand what they’re looking at and help them pick the plans that best fit their needs.
- Workers Compensation InsuranceAssist your insured 24/7 with the new bond link on the MIBS website! Now, license and permit bonds can be obtained directly for your insureds- making the process simpler and faster! With this great new feature, you have: No Application Submission Required 24/7 Access to the Link MIBS Representative Support Contact MIBS if you need assistance with this tool Opportunities to sell other lines of insurance while obtaining a bond- Use the bond tool as a chance to sell other coverage. For example, contractors when they need a license and permit bond can lead into other lines such as general liability, professional liability, workers compensation and more. This link is now available on our website! Get A Bond Please click below for a step by step guide to use the new link or contact MIBS directly for assistance. How To Guide You can obtain a variety of other bonds by contacting MIBS directly such as Erisa, Notary, Bid & Performance bonds, Financial Responsibility bonds, State bonds for Roofing license and more. Frequently Asked Questions: When Does Someone Need To Be Bonded? This is usually [...]
- Professional Liability Insurance
- Liability Insurance
- Flood InsuranceWhile most people might assume their homeowners’ insurance covers events like a flood or water damage issue, it usually does not. For example, most homeowners’ policies would cover the damage caused by frozen pipes, but not the pipe itself. However, in instances like heavy water backup into the home or flooding, homeowners’ policies can leave your clients unprotected. With rainfall this season reaching highs, it is more important than ever to check in with your clients and see what additional policies they might need to be fully covered from these events. Understanding the difference between Water Backup Coverage and Flood Insurance will help you help them best. Water Backup Coverage Water backup coverage would kick in regarding water backup into a home from an outside drain or sewer that connects the homeowner’s property to the city system. This can be added to homeowner’s policies to provide additional protection against damage caused by these events. It can cover the damages associated with sudden and accidental water issues, such as if a water heater bursts or a pipe ruptures and things like flooring and drywall then need to be replaced. [...]