NBIG Blog

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Motor Vehicle Records

If you’ve purchased or renewed a Business Auto Policy in the past, you may be familiar with the acronym MVR, short for Motor Vehicle Record. What you might not be as familiar with is the reason they’re around and what a Motor Vehicle Report has to do with insurance in the first place. Let’s discuss.

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Conversations With Your Agent

s prospecting agents, we hear all too often the phrase, “I haven’t heard from my agent in years!”. Going even six months to a full year without touching base with your agent can and oftentimes will lead to coverage gaps in your insurance policy. Think of how your business grows and changes over the span of a year. Maybe you’ve added large and EXPENSIVE equipment to your operations? Maybe you’ve added or removed a product or service offering that changes your risk exposure? Any small or significant change to your business can impact your insurance policy, and if your agent doesn’t know about it… you might not be covered for it! Here are the top conversations you should be having with your agent AT LEAST once a year (though we love catching up more often than that!).

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Supply Chain Breakdown

Feeling stuck between a rock and a hard place this holiday season? You’re not alone! Supply chain disruptions are wreaking havoc on small businesses and large corporations alike thanks to factors that were set in motion back in early 2020. If you haven’t yet felt the effects of this bottleneck, prepare yourself to see them coming soon. Here is a brief overview of what is fueling the breakdown, how it affects your business, and how your insurance program might be impacted in response.

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Construction Defects & Liability

From leaking roofs to faulty wiring and uneven foundation you’ve probably had to deal with construction defects in a project or two.

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Unemployment Effect On Workers Compensation

The effects of unemployment can be felt across nearly every aspect of the economy, including the insurance sector.

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