From an insurance buyer’s perspective, it can sometimes feel as if premium prices change on a whim. But, according to Chris Bassler of Bassler & Co. Insurance, the truth is that the insurance market is cyclical in nature. Chris, how would you define tendencies in the insurance market? I would […]
Earlier this week Billboard Insider posted on how to use insurance to mitigate risks or using subcontractors. Today Stu Lee and Chris Bassler at Baller and Co Insurance give their perspective. As an out of home operator you will most likely have many different subcontractors assisting you with maintenance. If […]
Last week Billboard Insider discussed how to compensate out of home subcontractors. Cone Companies Brian Cone reminds Billboard Insider that you need to require subcontractors to carry insurance. What insurance should an out of home company require from contractors? An out of home advertising subcontractor should be required to carry […]
Brian Cone is Vice President of The Cone Company which provides out of home insurance. Yesterday Brian talked about why general liability insurance is a must and what perils it covers. Today Brian talks about billboard replacement insurance. You can reach Brian at BCone@theconeco.com, 334-272-4791 Why is Inland marine insurance […]
Brian Cone is Vice President of The Cone Company which provides out of home insurance. Today Brian talks about which insurance is a must and what perils are covered by commercial liability insurance. Tomorrow Brian talks about billboard replacement insurance and other kinds of coverage. You can reach Brian at […]
Insider talked with out of home insurance expert Stu Lee about whether coronavirus is covered under policies. Stu, are coronavirus losses covered under a company’s business insurance or replacement insurance policies? Unfortunately, there is no coverage at this point in time. I would encourage the billboard operators to file a […]
Why do I need general liability insurance? A general liability policy will protect your out of home company from damage your employees or signs cause to other people or to your landlord’s property. Many property owners insist on evidence that you have a $1-2 million general liability insurance policy as […]
Insider ran across an interesting article in Property Casualty 360 showing that the cause of vehicle damage varies greatly by region in the US. This is worth going over with your out of home vehicle fleet drivers in your next safety meeting. The takeaways: Drivers everywhere need to be alert for […]
Most small outdoor companies use contractors for billboard installation, vinyl changes, electric work and vegetation control. Have you ever thought about what happen if your contractor is not adequately insured Here are two scenarios. A vinyl installer is changing vinyl on a billboard or yours which is located in a car […]
Sign insurance is important. Static billboards can be destroyed by tornados. The digital billboard on the right was destroyed by an electrical short. One of Insider’s lending clients had a digital board destroyed by a fire on an adjacent property. A billboard company should carry three kinds of insurance. […]
