Commercial Property

    The Commercial Property coverages you select for your clients can have a large impact on the settlement of a claim. The broadest Cause of Loss is Special Form as opposed to Basic or Broad. The valuation of Replacement Cost (RC) vs Actual Cash Value (ACV) is another important decision.      While you want to…

Details

Offices Merging

Erickson-Larsen, Inc. and Bjornson/Sentinel-E&L takes great pride in remaining a strong independent and family owned operation in the Upper Midwest. We value your business and want to share an announcement regarding the operation of our Madison, WI location. Going forward, we are happy to announce the staff previously located in our Madison, WI office have…

Details

A Message from the President of E&L

Greetings from Erickson-Larsen, Inc. and Bjornson/Sentinel-E&L. Please take a moment to listening to our President, Jennifer Larsen give an announcement on the operations of E&L during the COVID-19 pandemic as of March 24, 2020. Visit our website at: www.ericksonlarseninc.com Disclaimer: This post is intended for general information purposes only.  The information contained is not intended…

Details

Kitchen Fire Suppression Systems

A properly-maintained fire suppression system is an important part of any commercial kitchen’s equipment if they have grills or deep-fat fryers.  Cooking releases grease into the air, and it collects on surfaces which can spread an open flame quickly.  Just one of many suppression system manufacturers is ANSUL, a term used to describe a variety…

Details

Property Coinsurance – What’s the Big Deal?!

Most property insurance policies contain a coinsurance provision.  This provision requires the insured to insure their covered property up to a specific percentage of the total value (normally 80%, 90% or 100%). If your insured does not carry adequate property limits, they could be underinsured and in for a most unpleasant surprise called a Coinsurance…

Details

Lessor’s Risk Liability

Lessor’s Risk Liability is an important part of a building owner’s insurance package if they lease space to others. Tenants need to carry commercial liability for their operations. However, their policy won’t protect the building owner for claims not involving the tenant. There are many types of incidents that could occur such as tripping and…

Details

Bouncing Around the Idea for an Additional Insured Policy?

An Additional Insured Clause can be an important part of your Commercial General Liability Insurance.  If you hire independent contractors / subcontractors to do work for you, your business should be added as an Additional Insured with Waiver of Subrogation to their Commercial General Liability.  A few examples are: Construction General Contractors hire independents for…

Details

Insurance for Beauty Salons

There are some unique things to consider when insuring Beauty Salon clients. Are they the salon owner or an independent contractor (booth renter)? Do they have employees? Are the employees part-time or full-time? What kinds of services do they provide?  Are they hair stylists, massage therapists, nail technicians, electrologists etc…? What kind of equipment does…

Details

Townhomes, Tract Homes, and Condo’s … Oh My!

The construction industry is in full swing and new townhomes, condos, and tract homes are going up everywhere!   Why then, do so many insurance companies either limit the number of townhomes, condo’s or tract homes your contractor can work on, or decline to write a General Liability policy for them outright?  The answer of course…

Details

Great Outdoors-Outfitters Ins

Summer is the Right Time to Get Out and Explore the Great Outdoors! Outfitters and guides are a business we see a lot of submissions for this time of year, especially fishing.  In addition to the most common fishing and hunting guides, we have insured hiking, kayaking, backpacking, photography, sightseeing and more!  We can also…

Details