Rideshare services like Uber and Lyft have exploded in popularity and have become an integral part of the “sharing economy.” This article from the Cincinnati Insurance Co. reminds us of certain risks we should consider as both drivers and passengers.
A simple clarification for a very common question:
“An audit? Oh No!” That’s our first reaction to the word, as we associate it with the painful experience of an IRS Audit. Well, an insurance audit is not a “bad” thing, but a NORMAL thing. When your Commercial General…
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Cryptocurrencies, Blockchain and the Era of Disintermediation Cameron’s Powerpoint Presentation (PDF) Hosted by the Cincinnati Chapter of AICPCU Society & Cincinnati Financial Corp. 02/09/2018
The Nursery from The Cincinnati Insurance Company on Vimeo.
Many parents claim, “I’d rather my child drink with us at home than out with their friends.” Depending upon the state in which you reside, this may or may not be a legal practice. However, when hosting your child’s friends,…
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1.1 billion Facebook users…….350 million tweets per day…….300 hours of new video ……………………………………………………………………….uploaded every minute! All add-up to increased risk of “Personal Injury” liability. What is “Personal Injury?” As defined in the Cincinnati Ins. Homeowner, Condo and Tenants…
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Band Instruments, Laptops & Tablets, Trade Tools and other items may come home in your students’ hands, backpacks and cars. You and your students may be responsible for damage or destruction of such school property. Generally, your homeowner provides some…
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GAP Insurance covers the difference between the Market Value (actual cash value) of a vehicle and the balance still owed on the financing (car loan, lease, etc.) When you purchase/lease a car, the depreciation in value happens quickly in the…
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Insurance Friends, Below is a link to a short story submitted to a Speculative Fiction Contest held by the Society of Actuaries. It depicts the 10-year horizon in the world of Auto Insurance, Bitcoin and Artificial Intelligence. I think the…
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Have you received a random letter from the BMV? 20% of the registered vehicles in the state of Ohio receive this letter each year. It is part of Ohio’s program to address Uninsured Motorists. This is a very simple…
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Should I buy the extra insurance from the rental company? It’s a tough call, considering the fact that you may already have the coverage through your Personal Auto Policy. With most insurance companies, damages to rental cars are covered…
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Water losses can be some of the most frustrating types of claims. In the insurance industry, there are 3 types of water losses: Water Damage, Water Back-up and Flood. Water Damage – damage caused by a faulty or malfunctioning part…
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Schedule your Smart TVs, Laptops, PCs & Tablets – No Deductible – Broader than your Contents coverage (includes breakage, power surge and even spills) – Losses to scheduled items don’t affect your Homeowner, Condo or Tenant policy renewal rates –…
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“Why does my Homeowner coverage keep increasing when the market value doesn’t?” is a common question. Market Value Market value is what your home/building and land would sell for in the real estate market. Your selling price could be determined…
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