March 20, 2025
AgencyWhat Business Owners Need to Know About Equipment Breakdown Insurance
Your business may depend on machinery, appliances, electronics, and other equipment for various functions and tasks. But despite your best efforts, these assets may eventually suffer damage or malfunction, potentially causing extended delays and costly financial losses. Fortunately, a well-rounded approach toward risk management and loss control can help you prepare for these situations. Understanding […]
January 20, 2025
AgencyDoes Your Contractors Insurance Cover Tools and Equipment?
Tools and equipment are essential to your work as a contractor. They represent a significant investment and are crucial for completing projects on time and within budget. However, these valuable assets are also vulnerable to theft, damage and loss. This raises an important question: does your contractor’s insurance cover tools and equipment? Understanding Tools and […]
November 26, 2024
AgencyThe Importance of Liability Insurance for Hotels and Restaurants
Running a hotel or restaurant in Hampton, Virginia, can be rewarding but comes with unique risks. Liability insurance is essential for protecting these businesses from unforeseen incidents and potential lawsuits. Here’s why liability coverage is crucial and what business owners need to know to safeguard their investment and reputation. Protecting Against Common Risks in Hospitality […]
May 13, 2024
AgencyMorgan Marrow Company is pleased to announce Jason P. Magruder as Partner and Vice President!
Jason, along with his wife Kristin, and their sons Lucas (8) and Easton (6), reside in Virginia Beach with their French bulldog, Cookie. They cherish spending quality time together, often surrounded by their close-knit circle of family and friends. Said Ned Morgan, President of Morgan Marrow, “Jason has been an integral part of our team […]
May 9, 2024
AgencyUnderstanding Flood Zones
When you borrow money to buy a home and sign all of those documents describing the terms of the mortgage, one of those clauses may say that you are required to carry and maintain flood insurance on the property. In this case, your lender has determined that your house is in a Special Flood Hazard […]
April 3, 2024
AgencyHail Damage and Siding Coverage: Your Time Is Limited to File a Claim
A storm comes through the community with large hail. You worry about what that pelting is going to do to your home’s siding. If you have home insurance, you may not have to worry too much. Many policies provide coverage should you suffer significant damage from a hail storm. However, there are limitations. There are […]
March 1, 2024
AgencyRenting a Storefront? Do You Still Need Property Coverage?
Businesses operate in a variety of different locations and physical conditions. Some business owners rent the buildings from which they operate from landlords. At times, questions might arise over which party handles the property. Should something damage the business’s property, landlords and renters must work together to see who covers the damage. This might call […]
February 8, 2024
AgencyWhat Is Rate Protection?
When purchasing auto insurance, your goal may be to find a low rate. You want to save money. During the course of the year, you may experience situations requiring you to file a claim. Will this cause your rates to go up? What about next year, when you try to renew? Some insurance companies offer […]
January 8, 2024
AgencyBuying Flood Insurance
Buying flood insurance may be one of the most important decisions you make for your property, especially if you are in an area where flooding is a costly risk. As you make the decision to buy this type of coverage, it also helps to have as much information as possible about the types of policies […]
December 1, 2023
AgencyTypical Employee Benefit Plans You Should Know
When someone gets a job, they often have some guarantee of employee benefits. They might be able to have health coverage, savings plans and other benefits. The way companies determine benefits is often based on a combination of law and personal preference. If you are a business owner, consider the different ways you can offer […]