Cargo Insurance: The Five Essential Policies to Safeguard Your Fleet

The transportation industry is all about reliability. When cargo is lost, damaged, or delayed, the impact can be severe, affecting not just the shipment but the entire business. Without proper cargo insurance, companies face financial losses, damage to their reputation, and even the risk of losing important contracts. Jason McConkey, the Director of Transportation Underwriting … Read more

Condominium Insurance: Essential Policies to Consider When Buying Property

Condominium associations play a crucial role in maintaining and insuring shared properties, ensuring the safety and security of both the buildings and their residents. John Carroll, a commercial underwriter at Central Insurance, emphasizes the importance of having the right insurance policies in place to protect against various risks. In a condo setup, owners typically only … Read more

Which Vacant Land Insurance Policies Should I Consider Investing In?

Vacant land sales have seen a slight increase of 1.2% in 2023, reflecting a growing interest among buyers. Many people purchase vacant land for long-term investment, future development, or recreational use. This rising trend highlights the importance of understanding how to protect such investments through appropriate insurance. Vacant land insurance is a specialized type of … Read more

Insurance for Used Car Dealerships: Six Essential Coverages to Consider

Operating a used car dealership involves unique challenges and risks that require specific insurance coverage. Jason McConkey, the Director of Transportation at Central Insurance, recently shared valuable insights about the importance of having the right insurance for used car dealers. Whether running a small, independent dealership or a larger, multi-state operation, protecting your business from … Read more

Essential Information on Contractor Insurance in the Midwest

As a contractor in the Midwest, you face unique challenges that can impact your business and your employees. The region’s unpredictable weather, especially harsh winters, can create significant risks on construction sites. From frozen pipes to severe storms, these issues can lead to costly delays and damage. Recognizing these challenges, Central Insurance has shared insights … Read more

Factors Northeast Contractors Should Take into Account When Choosing Builders Insurance

The construction industry is a crucial part of the U.S. economy, contributing about $2.2 trillion, which is around 4.5% of the nation’s GDP. With over 8.2 million workers, it plays a significant role in job creation and economic development. In the Northeast, construction is especially important due to the region’s many infrastructure projects and urban … Read more

Truck Repair Insurance: Which Policies Are Essential for My Repair Business?

The truck repair industry plays a vital role in keeping the U.S. transportation system running smoothly. As the demand for reliable freight transport continues to rise, this sector has experienced steady growth and is expected to keep expanding. Truck repair shops are essential for maintaining large vehicles, including on-highway and heavy-duty trucks. These shops require … Read more

Homeowners Association Insurance: The Four Essential Policies You Should Have

Homeowner associations (HOAs) are essential in managing millions of housing units across the United States. They take care of shared spaces and enforce community rules, but with these responsibilities come risks. Without proper insurance, HOAs can face significant financial challenges from lawsuits, property damage, or fraud. Typically, an HOA will buy insurance to protect the … Read more

Lawn Care Insurance: Key Risks in Your Industry and the Coverage You Need to Mitigate Them

Understanding the Risks in the Lawn Care Industry and How to Protect Your Business The lawn care industry, while rewarding, is fraught with various risks that can jeopardize your business. From the potential for equipment theft to exposure to hazardous chemicals, lawn care companies face unique challenges. To navigate these risks effectively, it’s essential to … Read more

Excavation Contractor Insurance: Five Essential Policies to Safeguard Your Business

Essential Insurance Policies for Excavation Contractors: Safeguarding Your Business The excavation industry, with approximately 238,000 businesses operating in the United States, has encountered a rapidly changing landscape in recent years. Influenced by fluctuations in the housing market and rising interest rates, securing funding for new projects has become increasingly challenging. These economic pressures compound the … Read more