Skip to the content

Category: Blog

Helpful tips for rental properties and second homes

Many people mistakenly assume that a homeowners policy will cover them no matter what the occupancy status of their home is. But secondary  and  rental homes present a unique set of challenges for owners, insurance agents/brokers, and insurers to contend with when trying to protect them from harm. Whether it is a weekend getaway, beach house, snowbird retreat,  ski home, every second home has its...

Why get your Workers Compensation from LPL Risk Management

Workers Comp can be one of those evil necessities for NYS employers. New York Law says all employers must cover their employees form work place injuries and this adds a tremendous cost to many employers.  But for the employees,, it helps keep them safer and on the job. It can and should be a positive experience for both the Employer and Employee. The advantages of...

Why is it important for Contractors to have Risk Transfer Agreements with Sub-Contractors?

A New York HVAC contractor subcontracted out some duct work to a sheet metal contractor. The HVAC Contractor had insurance but also had the proper risk transfer or hold harmless agreements in place. At the job site, the employee of sheet metal contractor was trying to use a 6 foot ladder but the manager advised it was too small and he will get an 8...

National Insurance Awareness Day

What is National Insurance Awareness Day? To be perfectly honest, I just heard about it myself and I'm in the business for over 30 years. Is it like those holidays that greeting card companies manufactured to sell more cards? Maybe? Probably? One thing I know for sure is it is a good idea to check if you are protected properly from time to time. Life...

What is Contractors Errors & Omissions Insurance (E&O Insurance)?

  Lets face it, mistakes happen sometimes. Most people understand that General liability covers you for injuries and property damage, but what does E&O insurance cover? To sum it  up and keep it simple, E&O will cover your mistakes (Wrongful Acts) that cause financial loss to a customer. There are three general areas that this can occur and those are; errors or omissions in the...