Why Most Businesses Don't Reopen After a Serious Loss...

Winston-Salem, NC 9/4/2012

Consider the snow storm that took the Northeast by surprise in October, 2011. Overnight, thousands of businesses were without power and couldn't open for days, and in some cases, weeks.  Listen to Martin Hurwitz' story, owner of Harvest Bakery (Bristol, CT), and how having Off Premises Utility Services (OPUS) coverage helped him "weather the storm".
Off Premises Utility Services is just one of the Business Income options that we offer. We make it easy for you to help us tailor the coverage you need to your specific type of business. Many of our Business Income options can be purchased separately or as part of an endorsement.
Think all Business Income coverages are the same? Think again. 
• We Automatically include Continuing Payroll Expenses as part of our Business Income product; and
• We Offer Extended Business Income for up to one year.
Don't forget about our Business Income options designed for the unique needs of healthcare practices that reduce, and in some cases eliminate, the paperwork associated with filing a business income loss - a real time saver.
To Learn More...please contact us.
 

View All News Articles

What Our Customers Say!

"Dee Edwards has consistently gone the extra mile to help us streamline the insurance coverage for our business.  Her follow-through in obtaining the required documentation for us to dispute an expensive, unnecessary requirement by one of our lenders has saved us tens of thousands of dollars per year.  Dee and the Wilson Insurance team have earned our business at each and every renewal cycle."

Mr. Bill Thomas CFO, M.A.L., Inc.

Read what others have to say.

What's New

Claims and Your Insurance Rates
10/24/2017

When is it time to contact your auto insurance or home insurance agent to file a claim?

You might be thinking, "Whenever my car or house has been damaged, like by an accident, or a disaster." But deciding whether to file a claim can be a complex process. In some cases, a claim may cause an insurance company to raise your rates.  In other instances, a claim could land your name in a database that might make it difficult to get or maintain coverage in the future.  Before you file a claim, make sure you completely understand how it will impact your future premiums and insurability.
 
Claims that spike premiums
 
Certain types of home insurance claims are more likely to trigger an increase in premiums. They include:
 
1. Dog Bites
 
2. Water Damage
 
3. Slip-and-Fall Claims
 
"The whole point of insurance is to make good on a loss, to make individuals whole again," says Claire Wilkinson, the editor of Terms + Conditions, the blog of the New York-based trade group the Insurance Information Institute. However, many people fear that filing insurance claims will cause them to be "blackballed" by insurance companies, resulting in higher premiums, loss of coverage and difficulties obtaining new insurance. And in some cases, they might be right.  Read more here:
Read More »

 

What You Should Know About Rental Car Insurance
8/1/2017
There are some very serious contractual gaps in coverage for rental vehicles. Even if you purchase their Collision Damage or Physical/ Loss Damage Waivers, many rental car contracts exclude the following:
  • Theft of the Vehicle
  • Tolling, or Turning the Vehicle Over
  • Lease Gap coverage
  • Loss of Use
  • Glass, Tire and Undercarriage Damage
  • Animal Collision
  • Flood and Hail Damage
  • Damage above the Windshield
  • Individuals who rent personal vehicles for extended periods and do not have a Personal Auto policy in force
  • Drivers who rent, and do not own another vehicle insured elsewhere, need to be expecially careful here
Read More »

 

5 Ways to Control Rising Homeowners Insurance Premiums
6/10/2017
Just as with real estate values, location rules when it comes to homeowners insurance costs. According to the National Association of Insurance Commissioners, the average annual U.S. premium was $842 in 2015, the most recent year for which figures are available. Floridians paid the highest rates, averaging $1,534 a year, while at the opposite end of the spectrum, homeowners in Idaho paid $422.  North Carolina residents averaged $664 per year. 
 
Fortunately, you can take several steps to bring down the cost of your own homeowners policy, short of packing up and moving:
Read More »