Author Archives Jim Tice

The Risk of Stated Amount Coverage

Jim Tice – April 6, 2020

If your home is burglarized, what is the first thing the thief would look for? Unquestionably, it’s jewelry. People with extensive jewelry collections are at a higher risk for theft. Therefore, homeowners’ policies have a limit on how much coverage is provided under the basic policy. But people who want or need more coverage can […] Read More

Understanding Loss Control

Jim Tice – March 2, 2020

Insurance companies that insure businesses and nonprofits spend a good deal of money and time with loss control – the practice of trying to prevent future losses. Loss Control – The practice of trying to prevent future losses. The process usually begins with a representative visiting an insured and inspecting their property and procedures. Often […] Read More

Do I Need GAP Coverage?

Jim Tice – January 27, 2020

We have all seen the commercials. Just sign your name and drive away in a new car. Sometimes it’s on a lease, and sometimes it is financing with nothing down. Either way, although it’s a great way to obtain the car, it could present a big problem for the buyer. As we know, new cars […] Read More

What is Business Interruption Insurance?

Jim Tice – November 25, 2019

Did you know that many businesses that have a major fire never re-open? This is in spite of the fact that they had insurance on their building and contents? The reason being that they do not carry Business Interruption Insurance. The fact is that insuring the income stream of a successful business is just as […] Read More

Comparing Auto Insurance Policies

Jim Tice – October 21, 2019

Periodically, I like to call competing insurance companies and have them quote my personal insurance. This way, I can know if it really is possible to save 15% on my car insurance (I never do) and to see the quality of service and advice I receive. Last week I called into one of these companies […] Read More

Firearms Liability Insurance

Jim Tice – August 27, 2019

In the latest news out of California, Mayor Sam Liccardo of San Jose has proposed legislation that would require gun owners to carry firearms liability insurance. It is based, he says, on state laws that also require motorists to insure their cars. Because responsible gun owners might want to have insurance, it is useful to […] Read More

Am I Responsible for Injuries to Trespassers?

Jim Tice – August 6, 2019

It stands to reason that if you invite someone on your property, you would be responsible for their injuries if there is a condition that caused it. For instance, let’s say you didn’t clear the ice on the sidewalk. It also makes sense that you need to keep your property safe for someone that has […] Read More

Do You Need Employment Practices Liability Insurance?

Jim Tice – July 8, 2019

In 2016 there were 20,857 complaints about age discrimination in the workplace filed with the EEOC (Equal Employment Opportunity Commission). This number is expected to increase with the aging workforce in the United States. The #Metoo movement has resulted in a dramatic increase in the number of sexual harassment claims in the workplace. Transgender discriminations […] Read More

Car Insurance Tips for Seniors

Jim Tice – June 17, 2019

According to the American Automobile Association, drivers in their 70’s have more collisions per mile than any age group. (except those under 25) In their late 70’s they have about the same rate of injury-involved accidents as drivers their early 20’s. The reasons are obvious. As we age, our reflexes slow, making it more difficult […] Read More