Insurance News

Learning to drive is an exciting time for teenagers and their parents. It opens up many options for a young person, but it also carries risks. Young people between ages 15 and 24 have the highest rate of auto-related deaths. This rate is the highest for young men.  Parents and teens should be aware of problem areas and take steps to avoid hazards. Make a Commitment to Safety Reckless driving is still a danger to teen

October is Cyber Security Awareness Month.  In today’s world, we hear of new data breaches every week.  These cyber attacks put the consumer at risk and harm the reputation and the financial stability of the company that was hacked or attacked. The following are important steps that you can take to protect your business, your data and your customers. Unfortunately, hackers and cyber prowlers seem to get more so

Your home is most likely your biggest investment. It is important to make sure that your homeowner’s insurance properly covers this investment. Berkley Brokerage Corp. will work with you towards this end. We will “shop around” to find the best policy for your particular needs. It is important to realize that the least expensive policy is not always the right choice if it does not provide the proper coverage. Choosing

The New York State Workers’ Compensation Law took effect on July 1, 1914. With few exceptions, private and public employers with at least one employee must carry worker’s comp coverage. Failure to provide coverage is a misdemeanor and may carry sanctions imposed by the Workers’ Compensation Board. This can be a penalty of $2000 per 10 day period of noncompliance. The employer would also be liable for any medical cost

Risk Management planning for a restaurant or bar starts with answering the following questions: What is the value of the property, fixtures and contents? What would the cost of replacing the building, décor items and equipment such as freezers be? What percentage of the sales will be alcohol? Generally, if alcohol accounts for 30% or more of your sales, the premiums will be higher. Will you have employees? If so, you

The following is from Entrepreneur Magazine: March 11, 2013 As with most other things, when it comes to insurance, you get what you pay for. Don’t pay to insure against minor losses, but don’t ignore real perils just because coverage carries hefty premiums. You can lower your premiums with a higher deductible on property insurance and then put the money you save toward additional liability coverage. You c

Berkely Brokerage Corp has been working with independent contractors such as plumbers, electricians, painters, carpenters and also with general contractors for many years. We understand your business and that helps us to know how to protect you from risks that can occur in your particular line of work. No matter the size, your business can benefit from our experience and knowledge. Commercial contractor’s insurance i

One of the biggest challenges to running a small business is to minimize financial risk. Risks that could seriously harm your business or even force it to close are unacceptable. Many of these unacceptable risks such as theft, fire or liability can be transferred to an insurance company. Small Businesses need property and casualty coverage for the following reasons: To protect their assets To replace property damaged