Tri-Cities Insurance

Why Your Flood Insurance Rates May Increase

The new Risk Rating 2.0 system from the U.S. Federal Emergency Management Agency (FEMA) will raise rates for 77% of policyholders, according to a new study from QuoteWizard. FEMA sells almost all of the nation’s flood insurance coverage through its National Flood Insurance Program and requires businesses that own property in high-risk flood areas to

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Protecting Construction Workers in the Summer

As summertime approaches, it’s important to ensure your employees will be properly protected at the construction site. After all, summer is often the hottest season of the year, typically accompanied by surging temperatures and increased humidity levels. Such weather conditions can greatly increase the risk of your employees experiencing numerous complications on the job—especially heat-related

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The Impact of Telematics on Commercial Auto Insurance

Telematics is reshaping the auto insurance industry, which is now starting to use driving behavior instead of demographics to calculate auto insurance premiums. Telematics is a form of vehicle software that combines the features of telecommunications and informatics. This software connects to telematics devices installed in vehicles, including GPS technology, sensors, mobile applications, dashcams and

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5 Tips for Your Workers’ Compensation Audit

Workers’ compensation audits are the bane of most business-owners’ existence. Everyone hates them. A workers’ compensation audit is the annual review by your insurance company of your business’s payroll and records, which determine your workers’ comp premiums. Usually, a workers’ compensation audit is a relatively straight-forward process without too many complications, but it can always

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