Toms Blog

Assigned risk insurance is provided for a group of people who have been denied liability insurance coverage for various reasons, yet are required by law to carry insurance. The government then assigns them to insurance companies who will provide liability insurance or Workers Compensation for a rate higher than the conventional rate. There are a multitude of common questions for N.C. assigned risk services for customers that will be addressed. How is Your Premium Determined? Your premium will depend on many factors such as rates, payroll expenditures and experience modification factors. Keep in mind that the quote given is considered to be an estimate and your actual premium may differ. What is Experience Modification Factor? [...]

In the cyber world in which we live, email is a crucial part of our business day, so it is easy for us to just assume it is safe. However, think about it…all it takes is one click of the mouse for a heap of trouble to occur. One tiny click on a link or advertisement could mean a virus being spread to everyone on your contact list at work. The second each of these people opens this email, it can spread the virus to all of THEIR contacts, creating a huge domino effect! In a matter of minutes, the entire business working system could be infected and rendered inoperable, resulting in a system shutdown [...]

Whether you are going out to dinner, getting gas or on a relaxing vacation, you typically don’t think about having your credit card information compromised, but you should! Today’s digital world is filled with scammers who spend their days focusing primarily on stealing credit card information through the process known as “skimming.” Imagine going to a nice dinner, only to find out later that money was withdrawn from your account! You are completely shocked to find out your card has been skimmed. There are some simple tips on how to prevent credit card skimming. What is Skimming? Let’s begin by explaining what “skimming” is and how it is used. The more you know, the better [...]

You just got engaged and now it’s time to plan your wedding. You have dreamed about this for years and you have this grand idea about how it all should go. But, what happens when all of your images in your head are destroyed when something goes wrong? You have already invested a lot of time and money on planning your big day so the last thing in the world you want is to have it ruined. Find out how to protect the wedding of your dreams with special event insurance. Protection that Your Wedding Deserves The words “wedding” and “worry” should not be in the same sentence. Planning your wedding should be a happy [...]

Running a business involves keeping up with a lot of details in order to properly protect your business.  Protecting all of the valuable data is a must in the cyber world in which we live.  Cyber-attacks have become a big problem in small to mid-sized companies, but the good news is that you can take the necessary steps to protect your business from cyber-attacks. Did You Know That More Than Half of All Small to Mid-Sized Businesses Have Been Hacked? Unfortunately this bit of information is TRUE!  Not only that, but of the businesses that were compromised, nearly 3/4 were not able to restore their information.  This is scary to know that every business is [...]