Posted by & filed under Commercial Insurance, Cyber Liability.

 

One of our partners is Encompass Insurance Company. They recently offered some very good information regarding cyber liability or identity theft. With all the recent cyber breaches we are all becoming more interested in protecting our identity. We want to provide a few tips to help you protect yourself against identity theft.

Cyber liability insurance should be part of your business insurance as well as your personal insurance programs.

Creating and maintaining a safe and secure cyberspace is key to preventing your private information—such as your Social Security Number and your bank account numbers—from landing in the hands of individuals who would use it for their benefit. The concepts of fraud and identity theft aren’t new, but the proliferation of internet connected devices has made it increasingly easy for people to fall victim to potentially damaging scams.

Identify Theft Prevention Tips

  • Don’t open emails from people you don’t know
  • Update passwords on a regular basis
  • Don’t use common number or familiar words for passwords, here is an example of a good password; Txc78#jKLK20
  • Never offer personal information, such as bank account numbers, credit card numbers, or your Social Security Number to anyone who contacts you via email.
  • Protect your computer with an anti-virus scanner.

Threats to cybersecurity can put not only your private information at risk, but can also jeopardize the safe operation of the infrastructure of the company. For this reason, it’s everyone’s shared responsibility to educate themselves on the best ways to remain cyber safe, whether at home or at work. To learn more about staying safe online, visit www.staysafeonline.org.

With over 30 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Safeco and many others.

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Posted by & filed under Homeowner’s Insurance, News and Announcements, Personal Insurance, Safety.

 A Home Insurance Review

Have you ever stopped to think about all the things that could cause damage to your home and personal property? Probably not, but we think about your personal insurance coverage every day. Your homeowner’s insurance is designed to protect you from claims that can come from many different events. We can design a homeowner’s insurance product that fits your individual needs. Here are a few of the kinds of events that can be covered under your roof.

Damage To Your Home Can Include

  • Fire and smoke damage
  • Lightning strikes
  • Falling objects
  • Explosion
  • Vandalism and malicious mischief
  • Theft
  • Windstorms and hail
  • The weight of ice, snow or sleet
  • Water damage
  • Damage from an aircraft, car or vehicle

What is Not Covered Under Your Roof

A standard homeowner’s insurance policy will not cover; earthquake, flood, wear and tear, damage from animals, mold, acts of war, government actions, tenant damage, defective work, plus others.

Personal Property

Your homeowner’s insurance can also cover your personal belonging. This might include; cloths, furniture, and other items.

Do You Have A Leak In Your Roof?

Do you have coverage for additional living expenses if you are required to move out of your home while it is being repaired? If you own guns, art, or other collections, you may need additional coverage. Is your expensive jewelry cover while away from your home? If you don’t know the answers to these questions, call us today.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

 

 

 

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Posted by & filed under Commercial Insurance, News and Announcements, Workers Compensation.

A Business Insurance Update

We live in a society where there are more lawyers than doctors. It seems that the typical response when someone has been damaged is to hire a lawyer and threaten a lawsuit. Most businesses can’t afford to be in court to defend every action. That is why commercial insurance is so important to your business. Our agency can offer a review of your business insurance coverage and educate you on your risks and how best to protect you. These four risks are at the top of our list and should be on your as well.

Cyber Liability– Cyber liability is the risk posed by conducting business over the Internet, over other networks or using electronic storage technology. It covers third party losses from hackers, theft, and loss of information including sensitive client or individual personal information.

Directors & Officers Liability– Covers costs, damages, and defense protection to directors and officers of a company resulting from lawsuits and judgments arising out of poor management decisions, employee dismissals, shareholder grievances, and other such acts committed in good faith.

Employment Liability– Employment Liability provides protection for an employer against claims made by employees, former employees, or potential employees. It can cover discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations.

Professional Liability– Insurance that is designed to cover third party claims, damages and claims arising out of providing professional advice.  Many firms create legal obligations arising out of a professional’s errors, negligent acts, or omissions during the course of providing services to clients.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

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Posted by & filed under Commercial Insurance.

A Business Insurance Update

Insurance coverage is available for almost every conceivable risk your business might face. Cost and amount of coverage of policies vary among insurers. We can advise you on the exact types of insurance you should consider purchasing. The right insurance policies will go a long way toward helping you safeguard your earning power and your future. If you are a business owner there are a few insurance products, you may not have considered.

Business Income or Loss of Rents

Depending on what you do with your building may depend on the specific kind of insurance you need. If you own a building and have tenants you will want to consider loss of rents coverage. Typical the coverage includes reimbursement for loss of rent or rental value in case of fire or other serious incident covered by insurance. Business Income coverage increases a business’ ability to survive a substantial loss. If your business suffers a fire, that stops all operations for three months, the business will want to continue to pay salaries, utilities, rent and other fixed costs necessary for operations. In order for the business to become whole, the business is entitled to reimbursement for net income and operating expenses paid during the recovery period.

Data Breach or Cyber Liability

If your business stores sensitive or non-public information about employees or clients on your computers, servers or in paper files you are responsible for protecting that information.  If a breach occurs either electronically or from a paper file a data breach policy will provide protection against the loss.

Umbrella

Standard business liability coverage will take care of you in most situations, but when serious situations arise, commercial umbrella insurance will help ensure that your business is protected. Here are two examples:

  • You have a serious fire and are involved in multiple lawsuits that exhaust your primary limits.
  • Your delivery truck is involved in an accident with multiple deaths or injuries.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

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Posted by & filed under Homeowner’s Insurance, Personal Insurance.

A Personal Insurance Update

Spring has arrived, and many people are gearing up for yard work.  Your yard is an essential part of the appeal of your home, and requires some care and expense to maintain it.  Many people install landscape lighting to enhance their yard’s look and safety.  You may be concerned about how your homeowner’s insurance will respond to damage to your landscaping, including trees, shrubs, lighting, fencing, and walkways.

Most standard homeowner’s insurance policies provide some limited coverage for landscaping under certain conditions.  This information is intended to be general in nature, and if you want specific information regarding your individual homeowner’s insurance, please call our office.

A “standard” homeowner’s insurance policy generally provides some coverage for landscaping if fire, explosion, lightning, vandalism, theft, or a vehicle (someone else’s) causes the damage.

If weather causes damage to your landscaping, it may not be covered.  Damage caused by disease or insects is also excluded under a standard homeowner’s insurance policy.

If your fence is damaged by high winds, that could be covered as it is considered property not landscaping.  If a tree falls on your home, the damage to your home may be covered, as well as the removal of the tree.

Each policy usually has sub-limits for landscaping.  You may also consider purchasing additional insurance to increase your landscaping coverage limits.  With some policies, landscaping coverage may be limited to a percentage of the total protection provided for the dwelling structure.

It is important to note that not all homeowner’s policies are created equal, and what one company offers may not be the same as another company. Also keep in mind, if you bought your policy online, who really knows what coverage you have?

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

 

 

 

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Posted by & filed under Auto Insurance, Benefits of Being Independent, Commercial Insurance, Homeowner’s Insurance.

 

PlatinumOne Insurance is an independent agency. This means we don’t work for any insurance company. We have access to many markets, giving us the ability to shop your account. We search the market for the best option for you. There are a number of benefits to working with PlatinumOne Insurance.

  • We will work with you to make sure your claim is processed to your satisfaction
  • We provide a number of options
  • PlatinumOne Insurance is your one-stop shop; we offer a complete line of insurance
  • Our staff is qualified and trained to explain coverage in English
  • We can review coverage and make necessary changes based on your needs

Do you want unbiased advice? work with us. As an independent insurance agent, we are very knowledgeable about all the companies that exist in the marketplace. We know which companies have the best track record when it comes to pleasing their policyholders. We can narrow your options down and help you choose between the best insurance companies in the market.

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

We are a full-service insurance agency representing individuals, families and businesses in the Kansas City area. We are licensed professionals who are not limited to placing your insurance with just one carrier. We have the flexibility to choose the insurance company that best serves your individual needs. Having choices is our advantage and it benefits our customers.

Our business success depends on how effectively we serve our customers. As a designated Trusted Choice agency, we are dedicated to providing the best service in the industry. Experience the difference by giving us a call today. Our friendly and knowledgeable staff are here to assist you in any way possible.

See which companies we represent.

 

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Posted by & filed under Homeowner’s Insurance, News and Announcements, Personal Insurance, Safety.

Many homeowners are starting to clean up after our recent winter storms. There is an aftermath including tree removal, roof repair and general yard clean up.  Remember your homeowner’s insurance may provide some coverage so it pays to call our office for a review. If you wait to ling to report a claim it may be denied.

Many homeowners are starting to clean up after our recent winter storms. There is aftermath including tree removal, roof repair, and general yard clean up.  Remember your homeowner’s insurance may provide some coverage, so it pays to call our office for a review. If you wait to ling to report a claim, it could be denied.

Home Clean up tips

  • Check for mold. If you had water damage, there might be a mold issue. Check attics and basements for mold.
  • See The CDC, Mold After a DisasterCDC Flood Web site, and Homeowner’s and Renter’s Guide to Mold Cleanup After Disasters
  • Replace drywall and insulation that has been contaminated with flood waters
  • Check your gutter and roof for damage.
  • Clean up damage trees. This may mean trimming branches that could create a liability issue.
  • Fix any window damage including broken glass.
  • Fit any damage to siding.
  • It may be necessary to hire a professional to help you with major repairs.
  • Check all your drainage systems for clogs

It is important to note that not all homeowner’s policies are created equal, and what one company offers may not be the same as another company. Also keep in mind, if you bought your policy online, who really knows what coverage you have?

With over 40 years of experience in the industry, Brad Runnebaum and Jeff Hartman established PlatinumOne Insurance Agency in 2008. We have established relationships with some of the top carriers in the industry including Travelers, Allied, Kemper, Encompass, Progressive and many others.

 

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Posted by & filed under Uncategorized.

not that much different from those faced by fortune 500 companies; fortune 500 companies’ risks are just larger and possibly more complex. Making sure that you have the right kind of business insurance for protecting your operations is our number one goal. Recently, PC360.com ran an article describing the top risks for large corporations. We thought we would relate these risks to your local business, and suggest some insurance that your business should consider to cover these risks. • Business Interruption Insurance – This can include lost net income, continuing expenses, and even relocation expenses.

This coverage is not always automatic and needs to be added with specific limits

• Directors and Officers Liability – Directors and officer’s liability insurance helps protect your business, owners, executives, and managers if individuals, competitors, third parties or government regulators make claims.

• Regulatory Compliance Issues – New regulations and contractual risks are increasing for all organizations. Issues include; contracted employee, healthcare, workers’ compensation laws, environmental issues, cyber reporting requirements, and more.

• Employee Safety – Maintaining a safe working environment should always be a top priority for your business

• Cyber Liability – Did you know that the average business has a greater chance of having a cyber breach than it does of having a fire? It is true, and your business insurance policy most likely will not cover cyber liability losses. “This new world of connected devices promises insights on which companies can base strategic decisions. But the ability to obtain more information brings the responsibility to use that data appropriately, maintain customers’ privacy, and practice effective cybersecurity.” PC360.com.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee. We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

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Posted by & filed under Benefits of Being Independent, Commercial Insurance.

What Is Included In A Commercial Auto Liability Policy?

Do you operate a business that requires you to have a vehicle to deliver your goods and services to your clients?  Do you have a fleet of delivery trucks that are on the road 24/7? Small firms who own or operate vehicles have the same risks as large firms.  You are at risk of losses arising out of accidents which can damage your vehicles and cause injury to third parties and employees.

Commercial auto insurance can provide your firm with security and protection from devastating liability claims arising from an accident involving your vehicle.  commercial auto insurance is usually offered on vehicles owned by a business and can include:

  • Bodily Injury Liability – Coverage for damages that involve bodily injury to third parties for which you become legally liable under the law.
  • Property Damage Liability – Coverage for damage to the property of others.
  • Medical Payments – Coverage for reasonable and necessary medical expenses for those who are accidentally injured while in your automobile or while getting in or out of your automobile.
  • Personal Injury Protection – Coverage for medical, hospital, rehabilitation, loss of wages or loss of services costs resulting from injury to you or any guest injured while in the vehicle.
  • Comprehensive – Protection for the loss of, or damage to, your vehicle and its equipment from all causes except collision, subject to the terms and conditions on the policy.
  • Collision – Protection for the collision damage to your automobile and its equipment, subject to the terms and conditions of the policy.
  • Uninsured Motorist – Coverage allows you to recover bodily injury damages due to an accident where the other party does not have insurance and is legally liable.
  • Underinsured Motorist – Coverage will enable you to recover bodily injury damages due to an accident where the other party is found legally liable and does not have adequate liability limits.
  • Hired Auto Liability Coverage – Covers liability for automobiles hired under contract on behalf of, or loaned to, the named insured.

Whether your company needs to purchase Commercial Auto Insurance on one vehicle or a fleet, there are solutions for you. We understand why. We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

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Posted by & filed under Commercial Insurance, Cyber Liability, News and Announcements, Safety, Workers Compensation.

A Business Insurance Update

Businesses Have many different risks to manage including; cyber risk, employment issues, fire and even insider fraud.  Fraud experts have found that the average fraud loss averages $50,000, (The Association of Certified Fraud Examiners).   Your commercial insurance program should include employee dishonesty or fidelity, including losses due to employee dishonesty, credit card forgery, computer fraud and theft, and disappearance and destruction of property. Fidelity policies will cover a business for losses caused by an employee’s dishonest or fraudulent acts. These can provide businesses with the best possibility of recovery.

There Are Ways To Help Reduce Your Risk In This Area

  1. Complete background checks on all new employees
  2. Create internal policies and procedures that require checks and balances
  3. Have a third person approve all purchases or checks over a certain amount
  4. Have an outside accounting firm review your records annually
  5. Require all employees to take their scheduled vacations
  6. Have separation of services between check writing, approval and deposits

Employee fraud is a greater risk than most businesses think. Have us complete a free review of your business insurance program to make sure you have the best possible combination of coverage price and service.

We are locally owned and operated out of Overland Park, Kansas and are strongly represented in all areas of the Kansas City metropolitan area including not only Kansas City, but also Olathe, Leawood, Lenexa & Shawnee.  We primarily write business in Johnson and Wyandotte Counties in Kansas but are licensed in the entire State. We primarily write business in Jackson, Cass and Platt County in Missouri but again are licensed in the entire State to write business.

 

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