Month: January 2014

What Factors Contribute to the Results of an Insurance Quote?

homeowners insurance PA
homeowners insurance PA

The decision to work with a professional and purchase comprehensive homeowners insurance in PA could end up being one of the most valuable decisions you have ever made. Protecting your assets against various conditions could make difficult times easier, as well as help plan effectively for emergency situations. As you prepare to make this investment to provide additional security for yourself and your family, here are some of the factors that will contribute to the results of your insurance quote.

Replacement Value and Special Coverages


If you ever were to experience a circumstance in which your home was completely destroyed, replacement value benefits would contribute to the restoration costs of rebuilding the home. If you desire to have various special coverages, this will also be considered in determining the results of your quote. Special coverages include protection of property assets such as a pool.


Personal Property and Liability


Clearly, one of the most varying factors that will play into the result of your quote is that of personal property. Every homeowner has different possessions he deems important enough to be protected. If you desire to have items such as heirlooms, paintings, or jewelry protected, this would all be included in personal property. Depending on the kinds of assets you have, you may have some potential liabilities that will have to be included for protection of yourself and others.


As you prepare to get homeowners insurance in PA, take the time to work with a professional who can provide you with additional insight into your policy.

Fiduciary Liability and Temporary Staffing Insurance go Hand in Hand

Temporary staffing insurance
Temporary staffing insurance

When a company hires contracted workers, temporary staff, or even regular employees, they will often offer benefit plans that are structured in order to retain their best employees and attract skilled workers. This is an important component to finding the right people for a specific job, however, there are times when mistakes are made in the management of such benefit packages. Sometimes it is a fault on the part of the company, other times it is the result of an unjust allegation made by a temporary staff member. In any case, such disputes can lead to significant financial loss on the part of employers. In order to protect themselves from such circumstances, many companies have contracted with insurance providers in order to become covered when these unfortunate situations arise. This type of policy is called Fiduciary Liability. Understanding the various components of temporary staffing insurance, including fiduciary liability, is important when making the decision to adopt a new insurance policy.

How it Works

Fiduciary liability is designed in order to respond to claims made against an employer regarding improper investments, insufficient funding, or the inability to fulfill fiduciary duties. Not only can such a policy protect your company when financial payouts are required, but it can also help to minimize the overall cost of litigation. The insurance providers who specialize in temporary staffing insurance are experienced and knowledgeable about such circumstances and can provide legal advice and (in some cases) even pay for the cost of an attorney.