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Posted on December 27th, 2012 by admin

(By Dan Corbin, CPCU, CIC, LUTC) When the new simplified Commercial General Liability (CGL) policy was introduced in 1986, it was expected to help solve some coverage problems. While the jury is still out as to whether all the coverage problems have been solved, there is one issue that can be settled. The so-called simplified CGL policy is anything but simple! The CGL policy is one of the more complex policies sold by producers. The fact that it must be adapted to a wide range of business enterprises and exposures is a contributing factor to its inherent complexity. Contractual liability Liability assumed…Read More

Posted on December 26th, 2012 by admin

•First and foremost, if you don’t have to go out, don’t. • If you must drive during a winter storm, turn on your low beams, which provide better illumination in snow than high beams. • Do not use cruise control on slick, icy or wet roads. • Slow down. Posted speed limits are set for ideal driving conditions. • Go easy on starts, turns and stops. Don’t brake hard in icy or snowy conditions. Use threshold braking by applying brakes fi rmly just short of wheel lockup then ease off  the brake pedal slightly. Press down fi rmly again until you…Read More

Posted on December 18th, 2012 by admin

If you are a business owner you have probably had to decide whether your business insurance is over covering your business or undercovering your business. Most companies have the most basic business insurance coverage such as: liability insurance, property insurance and services like worker’s comp. Some important additional coveraged that is not covered: Business Interruption Insurance will provide a way for your business to continue to flourish in case a disaster struck that closed down your operations. Flood & disaster insurance  protects against natural disasters and allows a business owner to file claims based on the damages caused. A commercial umbrella policy will cover…Read More

Posted on December 17th, 2012 by admin

Pictured: ICNJ’s Personal Insurance Agent, Andrew Radespiel, handing a $150 check to Elaine K. Meyerson, Shelter Our Sister’s Executive Director. The money will be used to purchase toys for SOS’s young victims this holiday season.  

Posted on December 12th, 2012 by admin

By James E. Pittz, CPIA Recently, I heard a story where a client had been paying the premiums on their parents’ home for the past 20 years. I thought that this was nice, the children looking out for and taking care of their parents. That’s when the other shoe dropped; the parents had been deceased all that time. So I thought, OK, so the child had been living in the home. Nope. The family had been using the home as a sort of “family hotel,” when someone came into town that’s where they would stay. This had gone on for…Read More

Posted on December 11th, 2012 by admin

Approximately 40 million Americans operate  full- and part-time businesses from their  homes. The home-based business represents  a substantial investment of time, money  and property. Yet many business owners do  not have the coverage necessary to protect  themselves and their businesses.Is my in-home business covered under my homeowners policy?Not sufficiently. Many homeowners policies provide only a limited amount of coverage for business-related exposures. Depending on your policy, your homeowners insurance may cover your business, but probably only to a maximum of $2,500 for business equipment in the home and $500 for equipment away from the premises. A stolen business credit card,…Read More

Posted on December 10th, 2012 by admin

From Left: Andrew Radespiel- ICNJ’s Personal Insurance Agent, Jennifer Manthey- ICNJ’s Commercial Insurance Agent, William J. Barfoot Jr.- Senior Field Rep at Farmers, Kent W. Jones- President and CE0 at Farmers, Steven Radespiel- Owner and Agent at ICNJ.

Posted on December 7th, 2012 by admin

As NJ mourns it’s Sandy’s victims, we mustn’t forget those who were victims long before.  Shelter Our Sisters hasn’t, and ICNJ wants to help.   Please- the holiday clock is ticking!!! For every new like we receive on our Facebook page, and/or follow on our twitter account, we will be donating $1 to help buy toys for these forgotten victims. It takes ONE moment of your time, but a whole lot of community.  We need your help; we only have until December 14th! Every effort makes a difference. Help us both in our mission.

Posted on December 5th, 2012 by admin

If you are considering taking out a loan to buy a home, a new car, start your own business, or some other costly venture, be sure to see us before signing on the dotted line; even acting as a cosigner could have important insurance implications. Our expertise could help you avoid costly mistakes and keep your insurance options open. We can advise you on the best coverage. In New Jersey, some financial instiutions are licensed to sell insurance products. As your insurance adviser, we can help you get the best coverage for your purchase and can help you stay clear…Read More

Posted on December 4th, 2012 by admin

As you prepare for the holidays, check out 10 Holiday Tips. We hope our suggestions will help you to spend within your budget, keep your family safe, protect the environment, and more! In addition to the 10 tips, you’ll find resources to help you: Track Santa’s location. Buy ornaments and gifts from the government. Order FREE publications on getting healthy and      financially fit. Get information about USPS mailing options and shipping      deadlines. Learn about some precautions you should take when it      comes to charitable giving.