Happy Independence Day, America! While we can disagree on social media and over politics, our founders knew that freedom of speech was imperative! Without this amendment, some people might be throw in jail for their views!
America is such an awesome country that others are willing to die to come here. Disagreeing on ideals and politics is OK, putting others down for their views is NOT. This is not how our founders saw this country evolve.
They saw the religious persecutions going on in other countries, the separation of nationalities and the social issues going on elsewhere. Not so with the new America, the new land of the FREE. Remember that the next time you want to put someone else down for their viewpoints - that is NOT US!
Celebrate the 4th of July.....because we are FREE!
Insurance Broker Relationship with You.
A very common mis-conception is that all insurance brokers or agents are created equal and that is far from the truth.
For the most part, insurance agents work for 1 company and act as their sales arm for that company. They are not shopping the market for you but advertise heavily and brag about 24/7 service....like at 3:00 am.
Truth is, an insurace broker is called an independent insurance broker because they have many, many insurance companies they can go to on your behalf. They (We) truly shop the market for you and ofte present you with the best pricing. So in reality, we represent the client and not any 1 insurance company.
We love helping our clients through the maze of insurance and our language we use. Our software programs we use lets us INSTANTLY rate someone's auto insurance, homeowners insurance and umbrella insurance. We can quickly come up with a great rate based on your factors - credit, claims history, age, kind of cars, how used, etc. to your exact needs.
Insurance Broker Relationship with You.
As you can see, there is a big difference between an insurance agent and an insurance broker. A difference you should know about and care about....trusting that relationship is about YOU and not them.
We care about our clients.....always.
Luxury Home Need Luxury Insurance.
Imagine buying an expensive piece of jewelry on a shopping trip on a Saturday afternoon and on Sunday it goes disappearing. $8,000 purchase is now gone and no sign of what happened either (clasp on bracelet came undone, earrings left on bathroom sink gone.). You call your "name brand" or standard insurance company and they say "no coverage, you never called to add this item on your homeowner policy!).
Luxury homeowner insurance companies would say, send us the receipt and you are covered! These insurance companies automatically include newly acquired jewelry as part of their packages of coverages. They even include "pairs and sets" jewelry coverage, so if one earring fell out, they would replace both earrings!
Luxury Home Need Luxury Insurance.
Another often overlooked coverage is water/sewer back-up in your basement. Let's say you finished it off, maybe put in a Theater room or wine seller or high-end game room. Standard homeowner insurance has you buy $10,000 or $20,000 of this coverage but is it enough? Luxury homeowner's insurance pays coverage up to Coverage A, which is what your whole house is insured for.
There are many more examples to give for the luxury home buyer in New York but a final one is for a devastating fire loss to your luxury home. Standard insurance will often go up to 125% of the insured replacement value, so for example, $1,000,000 house would be covered for up to $1,250,000 but no more than that. Luxury homeowners insurance has an unlimited replacement cost provision built in,plus most of these insurance companies waive any deductible over a $50,000 claim.
Don't buy standard homeowners insurance when it comes to your luxury home. Your investment is too great to have a claim person tell you "that is not covered!
Tom Larsen, Licensed Insurance Broker
Dog bites still remain the #1 liability claim on homeowner's in the United States. When people bring a new puppy home or a rescue dog (we support rescue dog shelters), they never think to call their homeowner insurance company.
And it doesn't have to be one of the "aggressive" dog types that people talk about, like a Rottweiler or German Shepard. My own Dad & my daughter both have scars from non-aggressive dogs, my dad - the tip of his thumb off and my daughter a scar on her cheek. Neither dog was very aggressive, just the situation was unique each occurrence.
So even though your new puppy is a Golden Retriever for example, for $25-$30 a year, it is wise to increase your homeowner liability limit to $500,000 or $1,000,000. Pretty inexpensive way to protect your family and your most expensive asset - your home.
Homeowners insurance protects you from the unexpected occurrence, like a dog bite. So be aware that this can and does happen every day,you just need to be a smart insurance consumer when it comes to risk.
Tom Larsen - email@example.com
Building a gifted team takes some skill, some leadership but also some luck! Early in my insurance career, I worked as a "producer" (that is what salespeople are called in property & casualty insurance) and worked for some good staff.
Some time after leaving that insurance agency to start my own agency, that owner fired someone for poor results. In truth, he never gave her any training and threw her into a job she wasn't prepared for. I hired her immediately and she was one of the best employees I've had in 14 years as an insurance agency owner (moved out-of-town unfortunately).
Having the right people on the right seat on the bus is critical to a successful office culture. He had her doing the wrong job, which she was ill prepared for. Once I hired here, I had so many, many compliments of what a professional she was in her job.
Then some months later, same insurance guy I worked for, let another 9 year employee go! He said she wasn't doing her job but again, he had her on the wrong seat on the bus! Once I hired her (still with me today) eveything worked out, as she was doing a different job for me.
Building a Gifted Team.
Sometimes wrong seat on the bus.
Shop local, shop small business really means that much of the profits & proceeds of that small business gets put back into the community. It could be sponsoring your son's baseball team or your daughters soccer team. It could be getting involved in the Susan G Komen breast cancer walk.
Or volunteering at Flight 3407 5k and helping raise over $9,000 for charity. Or giving away $34,500 like my Rotary did on Sunday Oct 1st to 3 different charities. And donating $25,000 to the new explore & more children's museum in Buffalo.
So when we say "shop local, shop small business" there is more meaning behind those words. It is not some gimmick to get you to buy. It is heartfelt, community based support and giving back to a community.
It's the little league uniforms, the soccer uniforms, the scout fund raiser....all supported by local businesses. Truly giving back to the community that gives to them - win/win!
When consumers shop online or through an 800 number, those dollars can never be reinvested in our community. It goes to support a million dollar or billion dollar corporate entity. While they do tremendous community work, it doesn't land back in our community......where it belongs.
Next time you hear "Shop local, shop small business", you'll know the meaning behind those words.
Small business and cyber liability
With all the problems companies are having with hacking - Target, Equifax & Deliotte, every small business needs to be aware. In all these reports, it will cost MILLIONS for these large firms to acknowledge and correct these attacks.
But also in these reports, it is said a small business, if attacked, the average cost would be $100,000 to that small business. So if you take credit cards, store pertinent information like social security numbers, then you absolutely need cyber liability coverage.
In a cyber hack, all affected parties (and really all clients) need to be notified you've been hacked. So just the notifying of a cyber attack will cost a small business money. Then making whole the one's who have been affected, will cost even more money.
So what small business wouldn't spend $200 to protect a possible $100,000 cost? There are some cyber liability insurance policies, covering up to $100,000 that cost $200 per year. Smart small business owners know that this is a deal. There will always be that threat from scammers that have evil in mind and want to get something for nothing. It is a growing trend, unfortunately and the small business owner needs to know how to protect himself/herself if under attack.
Tom Larsen, Small Business Insurance Advisor
High Valued Homeowners in Clarence, NY have some special limits of insurance, that must be included in all homeowner insurance policies.The "name brand" insurance companies out there, generally don't have the expertise to handle the claims that come from a higher valued home.
From upscale cabinets to theater rooms to wine cellars, many insurance companies cannot or don't handle these very well.
And you would never know until it came time for a claim, when it would be denied. We have the few insurance companies that know how to insure the $750,000 and up home and do a good job of it. Not all insurance companies are created equal.
So if you live in Clarence or Clarence Center in New York, you may have a need for an upscale homeowner policy. They are out there specific to your needs but must be done through an independent insurance broker. If you have a "name brand" insurance policy, then those insurance companies do NOT have access to the specialty coverage you need and deserve.
Go to our quote page on here and request a highh valued homeowner quote.
One area we have some expertise on is craft breweries and the restaurants attached to them. With some unique features that most restaurants don't have, expensive tanks, underground piping, valves and product in-transit.
Not all insurance companies will write this kind of risk but we have several that will and know how to help the craft brewer. You can go here for help: http://larseninsurance.com/restaurant/
Being around restaurant owners is something we love to do and the craft brewery restaurant is no different. Just a different set of questions need to be asked, mainly, how many barrels do you produce in a month? That is where we start our conversation with your business.
So if you are a craft brewer, a craft beer enthusiast or have a favorite craft brewery restaurant, we would love to talk to you.
Welcome to our new insurance agency blog!
This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you.
We hope you'll come to view this as a top resource for keeping your family and your finances safe.
Here are a few of the topics we may be writing about: