January 29, 2019
President
Extreme Cold Is Coming to Northeast Ohio

Snow, ice, wind‐chill, and subzero temperatures will be arriving later today in Northeast Ohio

November 13, 2018
Vice President
Y

ou gotta have a plan. Game plan. Savings plan. Retirement plan. Plan B. Autopilot only works when a flight plan is engaged.

Even well-considered plans need adjustments. Suffice it to say, “stuff happens”. If you are a homeowner, house flipper, or residential rental investment property owner/manager, you probably know this from firsthand experience. Beyond insurance coverage, preemptive planning may ease or perhaps eliminate a potential property loss. Today’s blog draws attention to one of the most intrusive, expensive, and disruptive occurrences that can throw a property owner into disaster mode… interior water damage.

November 06, 2018
President
W

hen my kids were in middle school I would read the books they were being asked to read in school, and this week’s blog reminds me of the book "Hoot" by Carl Hiaasen. The story revolves around saving an endangered species of burrowing owl from a construction site. In the story, the protagonist sabotages the worksite several times to delay and ultimately stop construction of a new restaurant.

While I don’t want your worksite shut down, taking proper steps to secure your worksite and tools are very important.

April 30, 2018
Vice President
L

ightning strikes. It happened in March 2010 to the Euclid Avenue Congregational Church in Cleveland, Ohio, when fire from a lightning bolt ripped through the 123-year-old structure, destroying everything, including priceless stained glass windows. Is your church prepared to survive such disaster? Do you have any idea what it might cost to replace your stained glass windows? Conducting a thorough appraisal now on your stained glass windows may save you from additional despair later.

April 20, 2018
President
A

few weeks ago, I wrote about a prospect in Rocky River who was purchasing her first apartment building. The prospect owns several single-family rental units and the discussion revolved around properly insuring the garage. It was confirmed that the garages must be listed on the declarations page when insuring apartment buildings on a commercial form.

This difference created some conversation within the agency and I felt it was important to share some additional differences when you are moving on up to a Commercial Policy from Personal Lines Dwelling Fire (DF) Policy.Read more

January 29, 2018
President
A

couple of months ago John Bouhall wrote a blog asking if you were ready to purchase your first investment property. Now you are ready and I will discuss the next steps. Read more

October 30, 2017
Vice President
I

nvestment property can serve as an income source and asset builder.  Your resources, experience, goals, and tolerance for risk are deciding factors in the type and scale of investment you might make.

October 09, 2017
Vice President
C

reepy, crawly critters that go bump in the night aren’t confined to Halloween, or nighttime for that matter. Creatures you expect to stay outside where they belong don’t always confine themselves to nature’s protective cover.  They can and do get inside … causing tricky problems for building owners.

September 05, 2017
President
A

ccording to the Insurance Information Institute 30.2% of all church fires are started by lightning strikes. With that in mind, why don’t more churches have lightning rods? Lightning rods originally developed by Benjamin Franklin in the mid 1700’s still offer an effective method to divert the energy of a lightning strike. (read more)

July 18, 2017
President
N

ew multi-unit residential properties continue to spring up all over Cleveland and the surrounding suburbs. Nonetheless, there are still many older buildings in the area that can be affected by ordinances and laws which are implemented by communities to protect the tenants. Just look at the horrific fire at Grenfell Tower in London. 

June 20, 2017
President
B

e prepared. It sounds like such a trite statement; but if you ask our partner’s at Central Mutual Insurance what the meaning of prepared is, they will tell you it is providing uninterrupted service to their thousands of customers.  On Thursday, May 26, 2017 Central’s home office saw approximately 7 inches of rain in a very short period of time. A creek that runs through the picturesque campus started to rise and rise. Five months before this instance, the staff at Central had posted a blog addressing disaster preparedness; suddenly, the Central team players being prepared did not seem so trite. To read the blog that our partner’s published, click here.

June 08, 2017
R

epairing or replacing your roof can be expensive. Spending a few minutes every six months looking closely at your roof can help you identify roof maintenance opportunities that will help prevent costly repairs later. It is also important to periodically check your homeowners insurance to make sure that serious roof damage is covered by your policy.

April 25, 2017
President
O

ne drip of water per second wastes 1,661 gallons of water per year according to the Department of Energy. Building owners need to develop strategies to keep consumption and heating costs down. While parts of Northeast Ohio are seeing rents increase, others are seeing decreases. What can a building owner or manager do to improve their bottom line?

February 27, 2017
President
A

s the economy improves, more trade contractors are getting loans to replace their aging equipment. One of our agency’s customers leased a 3,000 pound capacity skid steer. The list price for equipment was approximately $25,000.00. The customer obtained an equipment lease through the equipment dealer, and as requested, we added the lender as a Lender’s Loss Payable and Loss Payee. (read more)

December 06, 2016
President
I

received a frantic call last Friday from a longtime client that the insurance inspector was coming. No, he did not tell me one if by land and two if by sea like in Longfellow’s poem but he was concerned to say the least.  To read more

The Insured owns about 100 apartment units in 5 buildings in Greater Cleveland and his mindset was that this was not normal and there were nefarious reasons for the inspection. When I called the client back the questions came in rapid fire:

Is the insurance company going to cancel me?

Do we need to get into the units? What is the inspector going to looks at?

Why me after 8 years with this company?

September 12, 2016
Vice President
G

ino is buying a 14-unit apartment building that is structurally solid, but needs both maintenance and repair work. Three days ago Gino and Toby entered into a purchase contract in the amount of $300,000. Along with signing the purchase contract, Gino also put a $20,000. deposit down on the apartment building. Toby, the current owner of the apartment building, advised Gino before entering into the purchase contract that Toby only has liability insurance on the apartment building. Toby owns the apartment building (there are no liens on the property), and Toby is not interested in providing property insurance on the building. Gino asks the very practical question, “Can I insure this property now before official title transfers to me?”. Good question. 
What do you think? Can Gino buy a policy covering the property before title transfers? Does Gino have to wait until title transfers and then buy a property insurance policy on the apartment building?
interest

August 29, 2016
President
H

ow often do you get to your office go through the rear entrance and not even notice the condition of the parking lot your customers and guests see or not notice gradual deterioration of an item? Having a simple checklist can help.

June 27, 2016
President
A

 few degrees of protection can reduce long term concerns.

As we head into the dog days of summer your Church may not have as much activity as during other times of the year.  But don’t let your guard down keep church safety on your mind so property loses can be avoided.  

June 06, 2016
President
W

hen you think apartment housekeeping, you probably think of  jobs like tenants keeping their units clean, the garbage being picked up from the dumpster and the front of the building’s street appeal.

February 08, 2016
President
W

hen I started in the insurance business I never realized being a detective was going to be so important.  Receiving information from customers and trying to ask the pertinent questions to turn in a claim on their behalf and be able to advocate for them if there is a problem of coverage down the road can be difficult.