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Many clients that we work with come to us with questions of uncertainty with their condo insurance. Often time new clients are vastly underinsured or have not been coached in what actually a condo policy covers. It is a bit tricky when purchasing a new home and deriving proper coverage. When a consumer buys a new home their lender require their insurance to cover their loan amount so the bank is protected against a total loss because it is a shared asset. Therefore, lenders often require enough insurance to cover the loan. But, with condos there are often times a master policy that the Home Owner's Association purchases that covers the exterior of the property. The personal condo policy is responsible for insuring essentially the drywall in. This list of information is important to consider when determining what that valuation is.

On September 14, 2013, President Obama issued a major disaster declaration for the State of Colorado triggering the release of Federal funds to help individuals and communities recover from the Severe Storms, Flooding, Landslides, and Mudslides that occurred from September 11, 2013, and continuing. Details of the disaster declaration and assistance programs are as follows:

Summer has finally made its way. Many clients purchase boats and other power sports fun over the summer months. With all the activities and excitement with these purchases many consumers forget about insuring these important assets. Allow The Insurance Loft to review a plan that works for you to protect your fun!

If a vendor is injured bringing in your first order, the contractor mis-wires your electrical panel or an employee wrecks the company van on a delivery, you could be out of business before the trash is picked up from your grand opening party.

“Lady, did you know there is a bird in your dryer vent?” 
“Sure, I was short one birdcage,” the homeowner weighed a sarcastic comeback before actually answering, “No.”

Is your company adequately insured to handle a data breach or loss? Hardly a week goes by without some news of data thefts that put companies in jeopardy of catastrophic financial losses. Typical corporate liability insurance doesn’t cover the loss or theft of data. Even if your company policy covers some cyber liability issues, chances are it has significant gaps. When hackers break into an organization’s records, lawyers are not far behind.

Large Employer Mandate Delayed Until 2015: The Treasury Department has announced that the 2014 mandate for employers with 50 or more full-time workers has been delayed until 2015. This means that “large” employers will not be subject to federal penalties for not providing qualified health insurance in 2014. This does not change the part of PPACA requiring all individuals to have a health plan as of January 1, 2014. The Affordable Care Act requires that all employers with more than 50 full-time workers provide health insurance or face potential penalties.

If your a Technology company and don't have Professional Liability coverage, you probably should. The fact is... a business doesn't have to have done something wrong to be sued. We have aligned our company with leading technology insurance carriers to meet your comapny's demands. It's Not What We Do But How We Do It That Sets Us Apart

Americans enjoy more than three billion barbecues each year. But barbecuing can be dangerous, even deadly if you are not careful. The following tips can make your grilling experience safer.

Trampolines over the years have become a big hurdle for home insurance underwriters to approve coverage. Several insurance carriers will deem your home insurance an ineligible risk for even having one on your property. If they do accept the trampoline it comes with several stipulations and informational requests. Some request may be that it be in a fenced yard so neighbors do not have easy access to it. Some may be that the trampoline be staked to the ground and that it be incased with a net as well.