Business Insurance
SUNDAY, FEBRUARY 05, 2012

Very Well Know Facts - That Few People Know..

Blogging is the rage of the internet and after sitting on the sidelines I have decided to bite the bullet and join the community. The focus, of course, will be directed to the insurance community and to the amusement industry which I specialize in. However, I will also touch upon other topics outside of insurance. So, what are Very Well Known Facts That Few People Know? I have been using this line for many years. These are topics and ideas that the general public may not know or be aware of, but individuals in their respective fields deal with on a daily basis. Heres an example of a very well known fact that few people know ..Astronomers estimate that there are 200 billion to 400 billion stars contained within the Milky Way. Did YOU know that? Not many do. But, it is a very well known fact that few people know. Heres another very well known fact that few people know ..Do baby rattle snakes have fangs? Absolutely. Rattlesnakes enter the world armed with both fangs and venom, and are immediately deadly.

In the insurance world, Very Well Known Facts That Few People Know will cover a wide variety of topics. I will direct a lot of the content to the Amusement Industry and how it relates to their overall coverage and daily concerns. Many topics will be addressed including types of coverages that effect their business, safety, waivers, employees, loss of income, customer claims, etc.

So here is todays Very Well Know Facts That Few People Know...

What happens if your roof blows off and damages your neighbor's generator? This question will be answered in your policy under sections regarding damage to the property of others.

You may be liable for at least a portion of these losses. If you live in a condensed, urban area, this coverage is essential. It is very common for buildings in a downtown to have an affect on each other. For example, a pipe could burst in your office and flood the tenant next door. If you live in an area without many neighbors, this will not be a primary concern. Still be aware of the property of visitors, though, such as guests who are parking in your lot.

The important fact to always remember about your insurance policy - it is a contract. When a claim occurs, the policy you have and the terms within your policy will determine if you have coverage for that specific claim and how it will be paid. 

Today is Super Bowl Sunday. Since I was born and raised in CT I have been a fan of both the New England Patriots and the New York Giants. So a victory by either team is great for me. However, I have been a Giant fan all my life, so I am rooting for a close game victory today. Go Giants! 


Posted 7:38 AM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
Blog Archive


View Mobile Version

IAAPA