What To Do When Your Vehicle is Damaged by Construction


Road construction is necessary for the continued safety of drivers and the protection of their vehicles. Unfortunately, road construction can also be the source of damage to vehicles. Punctured tires, cracked windshields and chipped paint are all common occurrences from debris flying or littering the road.

The experts at SB One Insurance tell that when damage does occur, the Standard of Care law will help determine who is at fault. This law weighs the degree of attentiveness expected of the construction company to ensure damages do not occur to passing vehicles. Unfortunately, you’ll have to go to court to let a judge make that determination.

Take these steps if your vehicle is damaged by construction:

  • Pull over in a safe area and take pictures of the damage.
  • Write down or record what happened and the exact location while it is still fresh in your mind. 
  • Call the county sheriff to report the damage. The sheriff’s office will know which company was working in that area and can facilitate you making contact with them. 

Many times, the construction company has insurance that protects against these types of situations. They should be willing to work with you without the need for the courts intervening. Remember, always drive slowly through construction sites and stay aware of any potential hazards.

Boat Insurance

If you’re thinking about investing in a pleasure craft of any size, you’ve got a lot of options out there. The first thing to do when trying to figure out what you’re going to get is to figure out where your budget is at. The second thing? Look at the big picture for your costs, including the possible maintenance and repair costs you’ll face. A lot of the time, a used boat can look inexpensive on paper only to have a lot of hidden costs. Buy near the top of your budget and you could be sidelined soon after the purchase by repair costs that take you a season or even two to save up and cover. There’s also the issue of insurance, storage, and upkeep even when all the parts are working just fine.

Is a New Boat Less Expensive?

There’s a lot that depends on the individual situation. Certainly, there are some instances where new vessels cost less than used ones overall, and cases where the reverse is true. What’s more important is what the purchase gets you. New boats often have warranty coverage and safety features that you can’t get with an older one. When you buy new boat insurance, those features and that warranty against mechanical failure can help you get better rates. They also help you buy closer to the top of your budget without worrying about unexpected costs if there’s an accident or a breakdown.


Everyone in the marketing world knows online is where it’s at. Your insurance brokerage has a website, at least two social media accounts and an SEO strategy that not only earns you visitors but conversions as well. If you agreed with that statement, good for you. If you’re not quite there yet, here are 3 tips to get you going.

1. Your Website

Your website is your online storefront. It provides information about the services your company offers and tells your visitors why your company is best. Your website is not an area of your marketing budget you want to cut back on. Hire an expert and glam it up. The more professional your site looks, the more professional your brokerage looks.

2. Social Media

Who’s posting to your social media? Is it Fred from maintenance? Unless Fred also has a marketing degree, he better not be. Assign this task to someone with a lot of energy who knows how to motivate people. Post regularly. Your social media should create your own online community, as reported on www.agencytsunami.com.

3. SEO Strategy

All your content needs to be loaded with relevant keywords. Include your location, your specialty, your industry and more. Once your visitor has arrived at your landing page, provide them with a call-to-action. Your efforts will be rewarded.

Truck Insurance

The tax deadline for 2020 may have been pushed to July 15, but that doesn’t mean you shouldn’t start thinking about which deductions you’re eligible for. As a truck driver who owns and operates your own 18-wheeler, you are eligible for a wide range of deductions this tax season.

Deductions for Property Depreciation

All that time spent logging miles probably took a toll on your rig in the past year. As property loses its value, you gain tax benefits. You can deduct depreciable property like your truck itself, maintenance equipment, and computers.

Per Diem Deductions

If you’re an over-the-road driver, you spend a lot of time away from home. The per diem tax deduction allows you to deduct a fixed daily amount without having to save your receipts. Per diems cover your meals and other incidentals when you are away from home overnight.

Truck Lease

If you don’t own your truck outright yet and make lease payments, you can deduct 100 percent of them on your 2020 tax form. However, any security deposits you paid are not deductible. These are some of the best tax deductions for owner operator truck drivers, but there are many more you could benefit from. An article by Western Truck Insurance Services outlines deductible expenses. Referencing it when you’re filing your taxes will help you get the most for your money.

insurance policies

On the surface, a surety bond sounds like it protects you from many of the same issues as business insurance, especially when the policy is built for contractors. There are key differences between them though, and the best risk management plan is almost never just one or the other. It’s important to remember that, and a close comparison of the surety bond vs insurance policy protections like the one at Moody Insurance Worldwide can really help you navigate your options. The short version is that the bond will cover you if anyone experiences injury or loss due to a violation of the state’s laws and regulations governing contractor behavior, up to its value. By contrast, your insurance is typically there to protect you from liability outside that narrow category, and also to protect your operation and equipment, including any supplies you have on-site.

Finding the Right Insurance

If you’re a contractor looking for insurance that is built around your operation’s needs, size, and current projects, it helps to work with someone who also provides the surety bonds you’ll need whenever you’re taking on a project. The right insurer will be able to look at your bond coverage, including any additional payment or bid bonds you need, and build your liability and equipment insurance to cover any foreseeable risks that you can’t count on the bond to manage. That kind of help is priceless because it keeps you from over or under-insuring your operation.

Investment Bankers

In the challenging world of investment banking, there are a few key skills and important habits that every investment banker should learn. Strategic and analytical thinking combined with good communication skills is the foundation for developing and maintaining positive relationships with clients as well as colleagues.

Excellent Interpersonal Skills

In order to chart a successful course, it’s extremely helpful for investment bankers to be able to engage with their clients on a personal level. Source: www.fgib.com/. They need to be sociable and engaging with their clients, and they need to apply advanced communication skills. As difficult as it may be to explain difficult concepts to clients, it can sometimes be even more challenging to practice good listening skills. Investment bankers need to thoroughly understand their clients’ concerns and ideas in order to address them effectively.

Confidence and Adaptability

Successful investment bankers have to roll with the punches when a plan doesn’t go as expected, and they also need to be able to adapt to whatever conditions that the market presents. This is more important now than ever. Smart investment bankers know that trying to impose their will on the market is futile. Instead, it’s imperative to adapt to rising volatility and to explain strategic changes to clients in a way that they can readily understand.

agency tsunami

Who can deny that the world has seen some serious change since the New Year? As we try and move forward, proceeding with a new normal, there is much uncertainty about what to expect in the future. However, this doesn’t need to mean a death sentence for your insurance company. Everyone is in the same boat, so how can you bulk up your advertising techniques during the crisis?

Update Your Website

Insurance websites right now are flooded with concerned Americans looking for new insurance, asking questions about existing plans and learning what is and is not covered. In the wake of all of the madness, think of ways that your website can serve as a point of reference to guide your users in the right direction. Have no idea where to start? Check out agencytsunami.com/ for some good advice.

  • Instead of being inundated with redundant questions, create a new FAQ section. This can quickly help to answer questions from patrons without needing to contact you first.
  • Provide helpful links, both internally and externally. This means guiding customers to specific pages like your prices and plans, but you can also link them to places like the CDC and IRS webpages.
  • If you provide 24-hour service via telephone or website, make sure that everyone knows! Provide contact information and heavily emphasize your hours of operation.

No matter what’s going on in the world, let your company stay constant. Update your website to let the public know how you’re handling it and more importantly, how you can help.

Owens Group Insurance

As a hedge fund manager insurance coverage is one of your key priorities. When considering options for directors and officers or errors and omission coverage, Owens Group Insurance states that setting a coverage amount strategy can make sure you are getting the best plan for your needs.

How Much Coverage Is Adequate?

Most firms average $1-$2 million in coverage if AUM is around $100 million. This coverage increases as AUM increases, with a coverage limit of approximately 1% of AUM for basic strategies. However, the need for coverage increases if the fund is using complicated, hard-to-value, or liquid strategies. Knowing your fund management strategy can dictate which insurance coverage limit you should pursue.

Total coverage: Best for those using strategies in which litigation is an extremely likely outcome. Purchasing coverage that will cover a robust defense, as well as settlement amounts, is critical for these fund managers.

Defense-only coverage: Best for those who expect litigation as a result of doing business. These fund managers have a straightforward strategy that is above board, minimizing the risk of settlements.

Bare minimum coverage: Best for those seeking to meet investor requirements while keeping insurance costs at a bare minimum.

Protecting the individuals and assets of the investment fund through adequate D&O and E&O coverage is increasingly important. Hedge fund managers can follow these simple guidelines to ensure they are selecting the appropriate insurance coverage for themselves and their funds.

Hiring Methods

It is not only important to attract the best employees to your company but also to select the right hiring strategy. You will need different types of employees depending on your business. Continue reading to learn more about the multiple employment methods at your disposal and make the right decision.


During temporary hiring, you can bring in employees who can fulfill short-lived roles with a specific deadline without adding then to the payroll. They can help you maintain productivity while you find more permanent solutions. If you are impressed by a temporary hire’s performance, you have the option to bring them on board fully.


If you want an employee in a permanent, stable position, then direct hiring is the recommended method. This tactic allows you to bring the best candidate available while reducing the effort and expenses associated with constantly rehiring people.


Temp-to-hire offers a solution in the middle between temporary and direct hiring. You can hire someone to work for six months or more. As https://www.wwspi.com discusses, the employee is on the hiring agency’s payroll while you decide on either hiring or replacing them. This type of employment helps you make educated hiring decisions with minimal risk.

Your organization will need different types of employees and services for all situations. Selecting the right kind of employment method can help you secure fitting hires for the position.

Gap Insurance

If you manage a staffing company, it is important to make sure you have the proper type of coverage for all situations, including stop gap insurance. Perhaps you are asking the question what is stop gap liability. Here is how this type of protection can help your organization.

Protect Temporary Employees on Assignment 

Because a temporary staffing firm will send employees out on different assignments, it is important to know that they could get injured on the job. This could include an accident or even a disease. Since the employee is technically working for your company, you are responsible for having the right type of protection, according to worldwide specialty programs.

Knowing the Areas That Need Stop Gap Liability

Not all states need stop gap coverage. If you are in a monopolistic state, then it is necessary for you to have this type of protection. These states include Wyoming, North Dakota, Ohio, and Washington. Having the right liability insurance can protect your staffing agency in case you are taken to court.

The next time you find yourself asking what is stop gap liability, it is coverage for temporary employees in certain states. If you live in one of these areas, make sure you have the protection you need in case a problem arises.

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