Month: February 2021

Risk Management Plan

Making Propane Insurance a Part of Your Risk Management Plan

There are inherent risks in transporting and delivering flammable chemicals. Propane insurance provides mitigation for these risks and protects your fuel dealership business. In addition to the insurance covering your workplace in the event of a workers compensation or workplace violence claim, propane insurance covers several additional areas.


Liability coverage protects your business from liability and pays the legal fees associated with those claims. Spill and pollution liability protection can be included within your liability insurance policy. In the event of a spill, your insurance carrier can mobilize a pollution response team that will coordinate cleanup and filing reports to the appropriate federal environmental agencies.


Property coverage protects your buildings and tanks should they be damaged or destroyed. It also covers your inventory and equipment and provides income protection should your business operations become interrupted.


Including the traditional protections offered with an automobile policy, automobile coverage under a propane insurance policy provides special protections for the service vehicles and tanker trucks that deliver propane to your customers. Pollution liability protection can also be included within the automobile portion of the policy and covers accidental spills from your covered vehicles.

To mitigate risks and hazards, propane retailers and distributors should have a thorough risk management plan that includes adequate propane insurance coverage.

Commercial Truck Insurance

Myths to Know About Commercial Truck Insurance

As a trucker, you probably already know that a commercial truck insurance policy is necessary to operate. As you shop around, however, it is important that you can tell the myths from the facts.

Employees Are Always Covered

Some people mistakenly believe that employees are covered under their insurance policy. This can be devastating if an employee is an accident and you discover that he or she was not covered under your policy. To make sure that your commercial coverage includes employees, you need to make sure that there is a permissive use option. Otherwise, you have to name the other drivers of the rig.

Insurance Premiums Don’t Change

When you invest in a commercial truck insurance policy, you might think that your premiums are going to be set in stone. However, you do have control over your premiums. If you have a higher deductible, you can reduce your premiums. Also, certain company safety programs can lower your premiums. Some companies will even provide discounts on premiums if you have a dashcam or other accountability system installed.

When you’re shopping for insurance, there are a lot of details that you have to consider. First and foremost, you need to make sure that you are aware of all of the facts about coverage.

Buying a Condo

Red Flags to Look for When Buying a Condo

Purchasing a condo can be a great investment, but it’s important to always know what you’re getting into. Being aware of red flags when buying a condo can help you make smart decisions and ensure the best outcomes.

Poor Financial Documentation

Before committing, request a resale package from the condo association. This package contains important financial documentation, such as bank statements and reports on profit and losses. If the association doesn’t have these documents or won’t provide them, that’s a red flag.

High or Low Fees

Avoiding properties with astronomical fees is a no-brainer, but also be wary of low fees that seem too good to be true. Inquire whether the association expects fees to increase over time, and review contracts carefully to avoid fees creeping upward once you’re locked in.

Inadequate Reserves

A reserves account is the association’s savings for unexpected projects or repairs. If the reserves seem too skimpy, it may be a sign that the association isn’t well-prepared, or that they may expect to charge you higher fees in the future to compensate.

Staying cognizant of red flags when buying a condo is important for protecting you and your savings. Knowing what to look out for can save you money and make the experience much more pleasant.

Remove Barnacles

MarinersHow To Effectively Remove Barnacles

If your boat is docked in water for any length of time, you probably have barnacles. Removing these critters can be difficult and time-consuming. There are a few things that you can do to make barnacle removal easier and less of a chore.

Make Sure You Are Insured

Secure a boat insurance policy before removing the barnacles or hiring someone to do it for you. This will help if there is any lasting damage to your boat.

Wear Appropriate Gear

Barnacles are sometimes as sharp as razors and contain bacteria and other microorganisms. It is easy to get an infection if you do not wear gloves, a mask and eye protection.

Wait Until You Are Ready

Do not remove your boat from the water until you are ready to start the barnacle removal. Dry barnacles will adhere to the hull much more tightly, which equals more work and possibly more damage to your boat.

Spray Parallel to the Hull

When using a powerwasher or sprayer, always spray parallel to the hull at a shallow angle. This helps to push the barnacles off from the underside.

Scrape With Plastic or Wood

If you must scrape, use wood or plastic tools. These are less likely to cause further damage to your boat’s hull.

After your hard work, be sure to coat the hull with wax or another anti-barnacle paint or sealant. If you follow these tips, it will be much easier and safer to remove those unwanted barnacles.