In honor of World Password Day on Thursday, May 6, 2021, the FBI is encouraging the public to strengthen their passwords/phrases and account protection. Passwords are used for everything; we use them for our phones, computers, email, even financial information. Unfortunately, many use the same simple passwords, like 1234 or Password1, for multiple accounts. Simple…
Commercial auto is widely regarded as one of the most challenging insurance markets in the United States. Many years of sustained losses, inadequate rates and unhealthy combined ratios (in the region of 105% and over) have taken their toll on the market – but the winds of profitability are slowly changing. Loss ratios in the…
When a fire, accident or theft occurs at your business: Contact your insurance agent and company right away. Any burglaries or theft should also be reported to the police immediately. Read your insurance policy so that you know what your responsibilities are to your insurance company after a loss. After a disaster, take steps to…
During the course of construction, Builders Risk policies cover buildings and other structures and personal property exposed to direct property loss. Damage can come from obvious perils such as fire wind, flood, etc. It can also come from faulty workmanship or design error. Your Builders Risk policy should include all fixtures, materials, machinery, and equipment…
Excluded Property Property excluded under builders risk policies and installation floaters vary from one insurer to another. The following properties may be excluded: trees, shrubs, grass, plants, or land values; plans, drawings, designs, blueprints, or specifications; property in storage, unless it has been specifically assigned to the job site; machinery, tools, equipment, and property of…
Whether you purchase or lease your car, you need to understand what GAP insurance is all about and how it can benefit you when you need it the most. GAP stands for “Guaranteed Auto Protection.” It’s a must when you’re leasing your car, however, if you buy a car and only make a small down payment,…
While the saga of the 1,300-feet long Ever Given container ship that was blocking the Suez Canal for over a week is now over, more than 360 ships were delayed and the potential value of total goods held up as high as $9.6 billion. During this event, many vessels decided to avoid taking any chances…
Container shipping – statistics & facts Maritime shipping is the backbone of world trade; it is estimated that some 80 percent of all goods are carried by sea. In terms of value, global maritime container trade is estimated to account for around 60 percent of all seaborne trade, which was valued at around 14 trillion…
Protect your product on its long journey to reach its destination. Stock Throughput Policies (STP) are designed for companies that import, distribute, or export merchandise. A STP is a form of marine coverage that insures a company’s goods throughout the supply chain, from production to final destination. From raw materials to works-in-progress to finished goods,…
Guaranteed Auto Protection (GAP) plans may be offered to you when you buy a new car. GAP protection covers the difference between what your insurance pays if your vehicle is totaled and the damage to your vehicle exceeds the actual cash value (ACV), and the amount you still owe the lender at that point. If…
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Landscape Contractors Insurance Services, Inc.
A Division of World
1835 N. Fine Ave, Fresno CA 93727
Tel (800) 628-8735 Fax (559) 650-3558
CA LIC # 0755906