Tag Archive: Allied Insurance Managers

How to Prevent a Clothes Dryer Fire

Your clothes dryer is probably one of the appliances in your home that you would least expect to cause a house fire. A clothes dryer fire can happen and occurs more often than you think. According to the U.S. Fire Administration, “2,900 home clothes dryer fires are reported each year and cause an estimated 5…

Replacement Cost and Market Value: What’s the Difference?

If we asked you what’s the difference between replacement cost and market value, what would you say? In case you don’t know the answer, we’re here to quickly clarify what these two insurance terms mean.  Re-place-ment Cost  Noun  According to BusinessDictionary, replacement cost is defined as: “Current cost of replacing an existing asset or property…

Online Program Helps Teens to be Better Drivers

What if we told you that there’s a program designed specifically with your teen driver in mind? Well, there is. The teenSMART program is an online course that will educate your teen about the ins and outs of safe driving. According to the teenSMART website, “Teens that complete the teenSMART program have up to 30%…

I Have Water Damage, Now What?

You walk into your kitchen and prepare to wash your dishes. As you turn on your faucet, you notice that the water is starting to fill up the sink and the sink stopper isn’t in the drain. You also notice that water is starting to overflow in other drains of your home. You call someone…

Why Your Business Needs to Conduct Pre-Breach Planning

You walk into work assuming today will be a regular day of work. You log onto your computer and proceed like normal. As you’re working, ransomware suddenly pops up on your screen. Your computer has been hacked, customer information has been stolen, and the only way to resolve the issue is to give the hacker…

Employment Practices Liability Insurance

You may be thinking, what is employment practices liability insurance and why is it important? This is one insurance policy that you don’t want to ignore and here’s why: What Is Employment Practices Liability Insurance (EPLI)? EPLI will cover you if an employee sues you or files a claim against you for something that happened…

Michigan’s Legalization of Marijuana May Affect Workers’ Compensation

As of December 6, 2018, Michigan became the 10th state to legalize recreational marijuana. Even though marijuana is now legal for recreational use, there are stipulations to this law that you and your employees need to be aware of: You cannot drive while under the influence of marijuana Marijuana cannot be used openly in public…

MCCA Announces New Fee Increase

The Michigan Catastrophic Claims Association Fund issued a press release explaining their latest fee increase for Personal Injury Protection medical claims. According to the MCCA website, the MCCA is a nonprofit association that reimburses no-fault auto insurance companies for medical claims that supersedes a PIP policy amount. As far as the amount is concerned, the…

Spring Home Maintenance Checklist

You may have already done your usual spring cleaning, but there’s still some things in your home that need your attention. To make sure you’re keeping your home safe and regularly maintained, go through this spring checklist: Check the Roof— Look for missing shingles. You can use binoculars if it’s hard to see and you…