Blog

What Is Employment Practices Liability Insurance (EPLI)?

Employment Practices Liability Insurance (EPLI) is a type of insurance coverage designed to protect employers against claims made by employees or former employees related to various employment-related issues. These claims can arise from a variety of scenarios, and EPLI typically covers legal expenses, settlements, and judgments resulting from such ...

Why Are P&C Insurance Rates Increasing?

P&C (Property and Casualty) insurance rates are rising due to several factors that impact the industry.   Here are the key bullet points: Increasing Frequency and Severity of Natural Disasters: Climate change has led to more frequent and severe natural disasters like hurricanes, wildfires, and floods. These events ...

Functional Replacement Cost vs Replacement Cost

Functional replacement cost and replacement cost insurance are two different concepts related to property insurance. Functional replacement cost refers to the cost of repairing or replacing a damaged or destroyed property with a similar property that serves the same function as the original property, but may not be identical in ...

The Perfect V-Day Gift? Life Insurance

Valentine's Day is a wonderful day to celebrate your love and show your partner how much you care. It's not just about the romance and happiness though; it's also a chance to think about your future together and your family's wellbeing. By giving your partner the gift of term ...

What Is Business Income Insurance?

What would happen if your business suffered a property loss? Would you have to shut down operations? Would you lose income? Would you be able to get back up and running fast or would it take a couple of years to completely rebuild? What about your employees? Would you be ...

So Many Safety Resources Available - Just Ask Your Agent!

As a business owner, you have a responsibility to provide a safe and healthy workplace for your employees. With all the different hats you are wearing, it can be difficult to know where to start. Lucky for you, there is a resource called your “Independent Insurance Advisor” by your side. ...

100/300/100 Auto Liability - Is It Enough?

When thinking about liability coverage, you want to consider the assets you are trying to protect. In the event of an at fault accident, you could be legally responsible for bodily injury and/or property damage to another. If the damage exceeds your liability limit, you could be on the ...

Coffee & Insurance: A Brief History

Did you know the insurance marketplace as we know it started in a small coffee shop in London? That’s right. Coffee was introduced to the United Kingdom in the 1600’s. It was coffee, not tea, that was the cheaper and more readily available drink of choice. Coffee sparked a ...

Stein Insurance Agency Inc Core Values & Passion

Who am I? Yes, the classic philosophical question we ask ourselves as individuals…. And we should also be asking ourselves as business owners.   So, that’s what our leadership team set out to identify in 2021. Who are we at Stein Insurance Agency? We hold many values near and dear ...

Evaluate Your Cyber Health

You’ve read the news stories. You’ve seen the Phishing emails. You’ve downloaded the ransomware protection software, then you cross your fingers and hoped for the best…. But how good is your protection? It can be a tricky area to navigate when you aren’t an IT guru. ...

Homeowners Or Hobby Farm?

Homeowner or hobby farm … it can make a BIG difference if you aren’t properly insured. Just as these cute little goats say… We have the G.O.A.T. Hobby Farm programs & expertise in our office. Our advice is FREE, so what are you waiting for? Give us ...

Resorts & Recreation

Whether you operate a bed & breakfast, campground, resort, hunting lodge, shooting range, boat rental, rock climbing wall, or other recreational venture, we are here to help. We have insured recreational businesses from ski resorts, to zip lines, to scenic boat tours, to golf courses and much much more. We ...