You’re facing a deadline to complete work under a major contract – when a voltage spike surges through your electrical lines, burning out computers and telephone equipment. How would you pay for replacing or repairing the damaged equipment, taking the steps needed to get back in production, and replacing lost income?
In today’s high-tech electronic world, more and more companies are buying Equipment Breakdown policies (formerly known as Boiler & Machinery insurance) to protect themselves against losses from a variety of mishaps that are sometimes unpredictable and often unavoidable: everything from mechanical failure or electrical short circuits to “arcing” (faulty wiring or motor burnout. The rapid growth of Internet marketing and “just in time” inventory make businesses more dependent than ever on computers – while critical data often exists only on the Internet or online databases that can’t be accessed when equipment breaks down.
Depending on their size and sophistication, some businesses include this coverage in their Property insurance, while other purchase it as an endorsement to the policy.
A comprehensive Equipment Breakdown policy should include:
- Reimbursement for the cost of repairing or replacing damaged equipment (Some policies also cover green construction, disposal and recycling methods)
- Replacement of income lost from downtime (“Business Interruption” or “Service Interruption” coverage)
- Assistance from your insurance carrier, ranging from maintenance guidelines and checklists and crisis planning templates to identifying sources for repairs, unusual parts, or replacement equipment that can be obtained quickly.
Our Business insurance experts would be happy to help you obtain a cost-effective Equipment policy that’s tailored to your needs. Just give us a call.
Nearly six million traffic accidents occur in the U.S. every year – more than 16,000 a day (or one every 10 seconds).
If your company owns, operates, or uses motor vehicles – or if you have employees who use their cars for business purposes – you need Commercial Auto Insurance to provide financial protection against losses from mishaps that occur behind the wheel.
This valuable policy provides these coverages:
- Bodily Injury Liability pays the cost of bodily injury to others from accidents for which you are responsible. If you’re sued, it also pays your defense and court costs.
- Property Damage Liability picks up the tab for property damage to others for which you are responsible, as well as defense and court expenses.
- Personal Injury/Medical Payments usually covers medical and funeral expenses for bodily injury from an accident that involves an insured vehicle.
- Collision pays for a covered vehicle that is damaged by a collision with another vehicle or object.
- Comprehensive Coverage pays for a covered auto that is stolen or that is damaged by causes other than collision or reckless driving.
- Uninsured/Underinsured Motorists covers injuries and, in some cases, property damage, when you’re involved in an accident with another person who either doesn’t have Auto Insurance or carry enough coverage.
Before you purchase or renew your Commercial Auto Insurance ask yourself these questions: 1) how much Liability Coverage you should buy, and 2) how large of a deductible should you choose?
We’d be happy to help you choose the most cost effective policy for your needs. Just give us a call at Scurich Insurance Services Today!
The long Memorial Day holiday weekend is on the horizon and for many, plans will include taking to the highway, pulling out the grill for a backyard barbecue or having fun in the water. The American Red Cross has steps everyone can follow to stay safe whatever their plans include.
“Memorial Day weekend marks the unofficial start of summer fun and we want everyone to have a safe holiday,” said Meghan Spreer, Communications Director, Kansas Capital Area Chapter. “Whether the weekend will involve travel, grilling or swimming, we have safety tips everyone can follow.”
With more people on the roads, it’s important to drive safely. Be well rested and alert, use seat belts, observe speed limits and follow the rules of the road. If plans include drinking alcohol, designate a driver who won’t drink. Other tips for a safe trip include:
- Give one’s full attention to the road. Avoid distractions such as cell phones.
- Don’t follow another vehicle too closely.
- Use caution in work zones.
- Make frequent stops.
- Clean the vehicle’s lights and windows to help the driver see, especially at night.
- Turn the headlights on as dusk approaches, or during inclement weather. Don’t overdrive the headlights.
The Red Cross offers these tips to stay safe while cooking those tasty cookout treats:
- Never grill indoors – not in the house, camper, tent, or any enclosed area.
- Always supervise a barbecue grill when in use, and make sure everyone, including the pets, stays away from the grill.
- Keep the grill out in the open, away from the house, deck, tree branches or anything that could catch fire.
- Keep the chef safe by using the long-handled tools especially made for cooking on the grill.
- Never add charcoal starter fluid when coals have already been ignited.
- Be ready to close the lid and turn off the grill to cut off the fuel if necessary.
- Keep a fireproof pan under the grill to catch any falling ash or grease.
- Trim excess fat from meat to avoid flare-ups.
- Wash one’s hands in hot soapy water before preparing food, after touching raw meat and after any interruptions such as using the bathroom, handling pets, stopping to do something with children.
Learning to swim is one of the best steps someone can take to be safe around water. People can contact their local Red Cross chapter and learn how to swim as well as get the facts about water safety, home pool safety, first aid and CPR classes. Other swimming safety tips include:
Swim in designated areas supervised by lifeguards.
- Always swim with a buddy; do not allow anyone to swim alone.
- Have young children or inexperienced swimmers wear U.S. Coast Guard-approved life jackets around water, but do not rely on life jackets alone.
- Have appropriate equipment, such as reaching or throwing equipment, a cell phone, life jackets and a first aid kit.
- Know how and when to call 9-1-1 or the local emergency number.
It’s important to constantly supervise children when they are near water. Never leave a young child unattended near water, and do not trust a child’s life to another child; teach children to always ask permission to go near water. Avoid distractions when supervising children around water. If a child is missing, check the water first. Seconds count in preventing death or disability.
The Red Cross and National Swimming Pool Foundation® (NSPF) have developed an online safety course for pool and hot tub owners. Home Pool Essentials helps people understand the risks of pool ownership, how to maintain a safer and cleaner pool, what safety equipment is appropriate, how to prevent pool and hot tub entrapment hazards, and how to respond to an emergency.