Shepard Insurance Insights
Category: Protecting Assets
Internet Driven Auto Insurance Puts the 1% at Risk
It may be viewed as an opportunity to find lower auto insurance rates by logging onto insurer websites and individually choosing your insurance coverage and cost. But this opportunity is just another tax on the 1%. And here is why: Driving an automobile is a responsibility. A responsibility that is backstopped by a requirement by [...]
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RISK MANAGEMENT – Burning Assets with Limited Protection
At Shepard Insurance Group we are often asked to review a successful family’s insurance portfolio. Providing a “Second Opinion” to a client who has put long term faith in their insurance agent, while enjoying the fruits of their success, can be very revealing. There is that occasion where the insurance is appropriate and the client [...]
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Co-operative and Condominium Building’s Master Insurance Policy
If you have a client getting ready to close on a Co-op or Condo, they may have some questions about the type of insurance they need to purchase. A closing attorney can usually help the buyer to understand what the by-laws state and do a review of the building's master policy, but there are definite [...]
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Adding to the Valuable Articles List- Golf Clubs
The newest entry to the list of items that are considered unique and valuable are golf clubs. In years past, a good set of sticks would never eclipse $1,500, which would make setting up special coverage highly questionable, and probably less than your deductible. If they were lost or stolen, it would be unfortunate, but [...]
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Displacement- How are you covered?
It is routine in New York City with high rises that they experience water damage from a leaky toilet or a gusher from a neighbor doing renovations. The resulting damage from above can stretch from minor aggravation to having to move out of your property while the repairs are completed. It is of little surprise [...]
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Cold Weather = Frozen Pipes
January and February are typically the months with the coldest temperatures across the United States. When a cold snap occurs pipes freeze and burst. Frozen pipes are the most common and destructive causes of water damage. Even a small leak can cause extensive damage if undetected for a few hours. To avoid a frozen pipe [...]
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