Entries by kingsgateinsur

Snowmobile safety tips for all experience levels

Snowmobiling is a thrilling and fun hobby to enjoy during the winter season. It’s a great way to satisfy your need for speed and enjoy the outdoors and beauty of Mother Nature. Unfortunately, each year many people are seriously injured or killed while snowmobiling. Whether you’re an experienced rider or this is your first season […]

Grain Safety Shorts: Bin Prep

Agricultural confined-space related cases of injuries and fatalities saw a dramatic rise in 2022, including grain entrapment cases which rose nearly 45%, based on Purdue University’s annual report. Iowa had more cases of grain entrapment than any other state at 9 total in 2022. Nearly all of these cases involved grain flow issues due to grain […]

How to handle extended absences of your tenants

As a property owner, you put your rental property—one of your most important investments—in the hands of your tenants every day. Even if you have an on-site manager, the care and upkeep of each unit falls on your tenant. Our loss control representatives guide property owners on the importance of good management and tenant relationships. […]

Farm Insurance 101: Actual Cash Value vs Replacement Cost Value

Depending on the insurer, policy, and coverage type farmowners may be provided with the option to insure property and belongings for either their actual cash value (ACV) or replacement cost value (RCV). The Replacement Cost Value (RCV) represents the expense of replacing your property that has been damaged or stolen, without taking depreciation into account. […]

Farm Insurance 101: Equipment Breakdown

All farms heavily depend on machinery that constantly faces harsh environmental conditions and challenging working environments. When this machinery experiences mechanical failures or is affected by external factors, farmers not only have to bear the costs of repairing the damaged equipment but also suffer significant setbacks in terms of business interruptions and reduced production. Some […]

Basic insurance definitions you should know when starting a business

There are many steps to starting a business; it can take years for an aspiring business owner to get everything in order to open their doors. From securing funding, finding a physical location, and purchasing inventory to developing a marketing plan and hiring staff, there’s a lot for a new business owner to figure out […]