Historically Low Interest Rates

Historically Low Interest Rates

Mortgage rates finally eased enough to drop into the upper 2% range for the first time. The previous record low 3.03% is now at 2.98%. The interest rates steal the headline, but you must take into account the associated fees paid to obtain the rate. While some...
First Legal Cases on COVID-19 Business Interruption Claims

First Legal Cases on COVID-19 Business Interruption Claims

There exists plenty of contention over whether business interruption losses from COVID-19 are covered under insurance contracts. Plaintiff lawyers representing business owners have promised to fight to make insurers pay, while insurance companies contend that policies...
Am I covered? What policies are available for my business?

Am I covered? What policies are available for my business?

Am I covered? What are my risks? What types of policies are available to me for my business? These are questions that every business owner should be thinking about and every good insurance advisor should be able to answer. McMichael Insurance is an independent...
10 Most Common and Costly Type of Claims

10 Most Common and Costly Type of Claims

MOST COMMON TYPES OF CLAIMS The Hartford’s analysis provides insight into the types of claims small businesses can expect. The insurer cited the following as the ten most common types of claims incurred by small businesses; the percentage shown next to each type of...
Have you asked your agent these four questions about your business coverage?

Have you asked your agent these four questions about your business coverage?

Asking your existing insurance agent these four questions will help you understand if they know you and your business: What does my business insurance cover? What risks are not covered? How much property insurance do I need? What can I do to lower my premiums? If your...