Supply chain issues and inflation have all become hot topics over the past 18 months in our world and soon home insurance will be added to the list. Everything seems to be up when it comes to home construction: drywall, lumber, brick/stone, paint, concrete, appliances, roofing material, and labor have all skyrocketed. How does this… Read more »
Posts By: fpainsurance
The Continuing Problems With Flood Insurance – What Can We Do About It?
I have a serious issue with flood insurance in our country. My problem is not with the product per se. It is with how it is offered, explained, and marketed to consumers. For my entire 30 plus year career in this industry, the customers of mine who purchase it do so because they have to… Read more »
Understanding Commercial Flood Insurance
Just like personal insurance, flood insurance for businesses is often overlooked, deemed unnecessary by insureds, or thought that it is included in their commercial property insurance package. Hello, I’m Chip Fridrich and let’s jump into commercial flood insurance basics today as we attempt to “understand insurance and risk”. There is no coverage for the peril… Read more »
What is Professional Liability Insurance?
Professional liability – commonly referred to as errors and omissions coverage or malpractice insurance – has always been an important part of the insurance portfolio for many insureds. Hi, I’m Chip Fridrich and today we will quickly look at this type of coverage and give a brief overview. A professional liability claim occurs when a… Read more »
Key Person and Buy/Sell Life Insurance
Hello I’m Chip Fridrich. Let’s discuss key person life insurance and buy/sell life insurance. These two types of life insurance products are generally used by businesses and organizations as key parts of their daily overall operations and succession planning. We know that there are often key individuals in any organization or business that if they… Read more »
5 Specific Risk Management Purchases to Safeguard Your Home
Hello there, I’m Chip Fridrich and today I’m going to encourage you to purchase five specific items for your home that will instantly make your household safer. Four of these five items are less than fifty dollars. I promise that you won’t regret any of these purchases and they will be great safeguards against claims…. Read more »
Searching for an Insurance Agent ? Look for These Six Traits
Hello, I’m Chip Fridrich. Choosing the right insurance agent is an important decision that should not be taken likely. You have a lot to protect and have worked hard to acquire assets that in most cases have taken yours to accumulate. An insurance partner is a necessary part of your financial plan and today I’m… Read more »
Home Insurance Valuation & Why It Is Essential
Finding the right replacement value to insure your home is an important part of purchasing homeowners insurance. This can be be tricky these days with the fluctuating construction costs across the country. Hello, my name is Chip Fridrich and let’s discuss the important aspects of insuring your home for the correct value AND the correct… Read more »
Leak Detection Devices – Modern Technology That Can Help Avert A Disaster
Hello, my name is Chip Fridrich and today I will start with a quick quiz. What is the number one cause for claims in the home insurance industry. Is it theft? Fire? Possibly wind? No to all three. The answer is water. Water accounts for an incredible 45% of all interior insurance claims. It is… Read more »
Liability Limits – What Are They & Why Are They Important?
Liability limits – what are they and why are they an important part of my auto insurance coverage? Hello I’m Chip Fridrich. The limits that you ultimately decide to purchase for your auto insurance coverage are vital. By definition, they detail the amount of coverage that you have from the insurance company for any… Read more »
Recent Comments