Best Cheap Insurance Quotes

Who buys earthquake insurance? Well, Californians buy the most according to a list provided by the Insurance Information Institute. The Institute provided a list of direct premiums written by state in 2009. California tops the list with $ 1,584,897,000 in direct premiums.

Washington state is second, followed by Missouri and Tennessee, states that do not come immediately to mind when one thinks about earthquakes.

Earthquake damage is generally not covered by either the traditional homeowners or business insurance policy. But, “earthquake damage” is damage caused by cracking and shaking. Other types of damage may be covered and you will need to discuss the coverage with your insurance professional.

The terrorist attacks on the United States on September 11, 2001 resulted in one of the largest insurance losses in history. Reports differ. Some sources state that Hurricane Katrina caused greater losses, others find 9/11 to represent the most catastrophic insurance loss. All agree that losses exceeded $ 32 billion at a time when it was estimated worldwide insurance reserves were approximately $ 300 billion.

The loss involved property insurance, workers’ compensation, liability insurance, airline insurance, and many other facets of the insurance market. And today’s business insurance market was changed forever on that day.

What are the most dangerous jobs in the United States?

Would you believe fishing? Is it more dangerous to be a law enforcement officer or a sanitation worker?

The Bureau of Labor Statistics, part of the U.S. Department of Labor, has created a summary of workplace fatalities for 2010. I have listed the top ten with some analysis.

About.com Business Insurance

Not a very exciting title for a post.

There are two times when a business cheifly interacts with its insurance company:

1. At the start of the policy and during the application process when the business is purchasing the policy; and,
2. When the company, through its operations, must add another entity to its policy as an additional insured.

As we get to the end of 2011 it is time to start looking at ways to save business insurance premium dollars in 2012. I though about this after I finished an article on premium savings for green business practices. There are a great number of ways a business can save on premium expense.

1. First, safety. Like it or not, the best way to reduce premium costs is by having safe employees and safe business practices and consistently applying those standards.
2. Your business can review its coverage and existing policies.