Entries by kingsgateinsur

Employee handbooks: how to protect your small business

Most bigger businesses and organizations have large human resources departments and utilize many resources to ensure they have best practices in place regarding their employment policies. But this important piece of the successful business puzzle is often overlooked by small organizations with limited resources. Owners and operators of small businesses may see their employees as […]

Crop Insurance 101: Individual Plans

Individual Plans are based on individual yield loss and, in some plans, a decline in price, due to a wide range of perils. Below are popular MPCI individual plans available for Iowa corn and soybean farmers. Revenue Protection (RP) Insure against revenue loss due to an increase or decrease in yield and/or price with RP. […]

A condominium insurance policy explained

Whether you’re buying your first home, looking to downsize, or retiring somewhere else, understanding condominium insurance coverage is important. Especially now with the impacts of inflation. Master Policy Coverage Most condo/homeowners’ associations (HOAs) have what’s called a master policy which provides coverage for the exterior of the building and common areas. Common areas may include […]

How to Save for Retirement as a Small Business Owner

As a small business owner, you might feel saving for retirement is too complicated or too expensive. However, you shouldn’t rely solely on your business as a retirement plan; it’s risky and often doesn’t work out as expected. One of the first steps in saving for retirement as a small business owner is determining how […]

What is gap insurance?

Protect yourself financially when you owe money on a depreciated vehicle How gap insurance works When you buy or lease a new car or truck, the vehicle starts to depreciate in value the moment it leaves the car lot. In fact, most cars lose 20 percent of their value within a year. Standard auto insurance policies cover the […]

Ways to improve your gas mileage this winter

Winter weather can cause many challenges. Snow and ice can make driving difficult. Extremely cold temperatures can make it dangerous to be outside. In fact, cold temperatures also reduce our cars’ fuel economy. This table shows what happens to our fuel economy during the winter months. Car Type Winter Fuel Economy Conventional Gasoline 15% less […]

How Hoarding Can Affect Home Insurance

Millions of Americans—as many as 1 in 40—have hoarding tendencies, and it is even more prevalent among older people. Hoarding is different than collecting because hoarders pursue items with little value. Hoarders also have difficulty getting rid of any items. A hoarder’s house is more than just cluttered: it is overflowing with piles of stuff […]

4 Common Fire Hazards in Every House

According to the National Fire Protection Association, local fire departments responded to 1.35 million fires in 2021. And unfortunately, these fires cause upwards of $16 billion in damages annually. The good news is that many of these fires can be prevented by simply being aware of fire hazards around your home or apartment. Are you […]

OSHA’s Top 10 Most Frequently Cited Standards in Fiscal Year 2022

Each fiscal year, OSHA keeps records on the most frequently cited standards stemming from worksite inspections. The latest records outline the top 10 standards cited during fiscal year 2022 (Oct. 1, 2021, through Sept. 30, 2022) and the total number of violations for each standard. By reviewing these findings, employers can better understand common worksite […]