Insurance Insights

Welcome to the Program Insurance Group blog! Do you ever have an insurance question or wonder what you’re even paying for, but don’t want to spend hours searching the internet? We want to make insurance understandable, be your source for education, and explain common coverages. Check back often so you don’t miss our latest insurance insights!

  1. Best in Class Conference with Amazing Lash

    by Nicole Schmidt

    Category: NewsOur Blog

    The country’s fastest growing eyelash extension concept, Amazing Lash Studio recently held their inaugural franchise conference. We have the privilege of working with this emerging brand and were excited to be asked to participate in this milestone event. When we partner with a brand, we become part of their team and make it a point […]

  2. Coastal Living and Insurance Coverage

    by Nicole Schmidt

    Category: Our Blog

    Coastal living has undeniable perks, but these perks oftentimes come at a premium. Aside from a higher cost of living, the truth is coastal life can come with some surprising risks. On a recent list of the top ten costliest catastrophes in U.S. history put out by Houselogic, eight were hurricanes affecting coastal communities. This […]

  3. How to read your Certificate of Insurance

    by Nicole Schmidt

    Category: Education

    Your insurance certificate offers you a snapshot of the information contained in the policy. It includes basic information about specific insurance coverages on a single page. It does not include all information from the policy but is generally relied upon for proof of certain insurance coverages. Here are a few points to take into consideration […]

  4. Reading your Franchise Disclosure Document Insurance Requirements

    by Nicole Schmidt

    Category: Education

    Understanding a franchise’s insurance requirements will help you make more informed decisions and ensure your investment is properly covered. Thanks to the regulation of the Federal Trade Commission, potential franchisees have a wealth of information at their disposal about a franchisor to help them make more educated decisions about their investments.  Investing in a franchise […]

  5. Surplus Lines Insurance and High Risk Policies

    by Nicole Schmidt

    Category: Our Blog

    The role of surplus lines in the insurance world is often a misunderstood concept. The risks and benefits associated with this alternative form of coverage can seem confusing on the surface. Surplus lines insurance fills an important need in the marketplace, so it is critical to have a basic understanding of their use. Their ability […]

  6. Hurricane Harvey’s Flooding Insurance Implications

    by Nicole Schmidt

    Category: Our Blog

    Insurance tries to plan for all possible worst-case scenarios. However, widespread damage created by Hurricane Harvey is unprecedented and an overwhelming majority of the damage unfortunately, may not be covered losses. Businesses and homeowners battered by the storm are now finding themselves in a situation no one could have predicted and unfortunately, standard insurance policies […]

  7. Data Breach and Cyber Liability Insurance Coverage

    by Nicole Schmidt

    Category: Our Blog

    data breaches

    Many think of data breaches as being a problem of large companies, but the fact of the matter is one in three documented data breaches happen in companies with less than 100 employees. Of those data breaches affecting small businesses, 60 percent close as a result within six months following the breach. If your business […]

  8. Named Insured, Additional Insured, and Additional Named Insured: What’s The Difference?

    by Nicole Schmidt
    difference

    Safeguarding your investment and fulfilling your contractual obligations with all vested parties, such as a franchisor or a lender, begins with obtaining proper insurance coverage. However, insurance terms can be confusing, especially when many of the terms sound similar.  A prime example of this is Named Insured, Additional Insured and Additional Named Insured. While they […]