Park & Associates Inc Blog
View the latest blog posts from Park & Associates Inc.
Monday, April 5, 2021The request to be added to a General Liability policy as an additional insured is very common and in many cases the policy will provide a Blanket Additional Insured endorsement.
It is very important to understand the Blanket Additional Insured endorsement since with most endorsements a contract... READ MORE >>
Tuesday, March 2, 2021Homeowners may think their policy offers coverage for all damages. This is a misconception and there are some key areas where you may need a separate policy or an endorsement to be fully protected. The most common is flood coverage. Unless you can endorse flood on your homeowners policy, a separate flood policy is required. READ MORE >>
Friday, February 26, 2021In this next series titled, “Association Insurance” we will turn our focus to the homeowners and condo association worlds. In today’s post I really want to hone in on one the most important insurance coverage concerning your associations funds and those who are responsible for its spending and wellbeing. READ MORE >>
Friday, January 29, 2021Welcome back to the newest edition of our “How Insurance Works at its Best” series! In today’s blog, I want to discuss something that is somewhat simple… but… very powerful at the same time. And that is exactly what the title of this post is – the difference between an insurance agent and an insurance consultant. READ MORE >>
Friday, January 15, 2021Most importantly and before we get into anything insurance, I want to wish everyone that has been reading this blog a Happy New Year! I think we can all say a collective “goodbye and good riddance” to the year that was 2020! I, for one, couldn’t be more excited that 2021 is here and am ready to make it the best year this decade has seen! READ MORE >>
Wednesday, December 30, 20202020 has been a year we will never forget… no matter how much we’d like to. This year has forced us to change in many ways. From the way we do business to how we celebrate the holidays with our families. From struggling with texting to becoming video conferencing professionals, even our elders have had to adapt to this new world. READ MORE >>
Wednesday, December 30, 2020Every year starts with big, bold ideas. And this year started out bold, but who knew how big a year it was going to be. What happened in 2020? Here are my insights into the 4 biggest trends we saw in 2020 that affected insurance: 1. First and foremost, there was, and still is COVID-19. READ MORE >>
Monday, November 30, 2020The holiday season is synonymous with family, good food and presents. We rarely think about what could go wrong until it is too late, here are some tips on how to avoid some of the most common Holidays hazards. Cooking is the leading cause of residential fires in the U.S. READ MORE >>
Friday, November 13, 2020Insurance can sometimes be complicated and hard to understand. In our “Diving Deep” series we explore sometimes forgotten or misunderstood coverages to help you better understand their application. This specific series is focusing on one of the most commonly misunderstood aspects of property and business insurance – deductibles. READ MORE >>
Tuesday, November 3, 2020Many people are unaware of the significant coverage difference between the two forms. Stacked benefits always gives you, the insured, the benefit of the broadest uninsured motorist coverage. Stacking your uninsured motorist coverage means you are able to collect uninsured motorist coverage from more than one car on your policy. READ MORE >>