Frequently Asked Questions (FAQs)

What are the different types of Personal Insurance? * Auto (including Luxury, Collector’s & Antique) * High Value/Multiple Homes * Fine Art, Antiques, Jewelry & Collectibles * Umbrella & Excess Liability (up to $100M) * Boat, Watercraft & Yacht * Renters Insurance * Vacant, Rented or Secondary Properties * Private Aviation * International Family Coverage […]

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Where is the closest TWIC Card Enrollment Center in Houston? Find a TWIC® Enrollment Center | TSA Enrollment by IDEMIA

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What is a TWIC Card? The Transportation Worker Identification Credential, also known as TWIC®, is required by the Maritime Transportation Security Act for workers who need access to secure areas of the nation’s maritime facilities and vessels. TSA conducts a security threat assessment (background check) to determine a person’s eligibility and issues the credential. U.S. […]

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My company is not an IT Company. Why would I need Cyber Liability Insurance? Cyber liability insurance covers financial losses that result from data breaches and other cyber events. Many policies cover both first and third party coverages if stand alone cyber policy First-party coverages apply to losses sustained by your company directly. Third-party coverages […]

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What is Business Interruption Insurance and what does it cover? Business Interruption Insurance (also called Business Income and Extra Expense Insurance) is designed to cover lost income when you have to close your business temporarily because of events beyond your control. It’s an extra layer of protection that goes beyond more common insurance policies like […]

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Q: How do I know if I need an Inland Marine/Equipment Floaters Policy? A: This property coverage is used for specifically valuable items or for items that do not stay at the insured’s premises. The most common example is mobile equipment such as bulldozers or tractors owned by a contractor.

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Q: How is a Business Auto/Business Auto Policy different than my personal auto policy? A: This policy provides liability coverage for the insured’s autos. It may also provide physical damage coverage to the insured’s autos * Requires all owned vehicles to be covered by the policy * All Drivers must be scheduled * Hired and […]

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What does Commercial Property Insurance typically cover? A Commercial Property Insurance Policy provides coverage for the insured’s owned building and/or business personal property such as furniture, supplies, fixtures, and inventory. Covered perils generally include wind, hail, fire, theft, vandalism, explosion, and smoke damage. (Does not cover flood)

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Q: What is a Commercial Business Owners Policy (BOP)? A: A business owners policy (BOP), combines various insurance coverages — such as commercial property insurance, general liability and business income — into one convenient policy

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Q: What are examples of General Liability Insurance? A: * Premises Injury to others while they are on the insured’s premises. For example, someone slips end falls at a place of business. * Operations Damage or injury to others while work is in progress off the insured’s premises. For example, a contractor severs a water […]

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Q: What does General Liability Insurance protect you from? A: * Injuries on your property, such as slips or falls * Bodily injury or property damage to a third party caused by your work or your employee’s activities * Liability of others you assume under contracts * Bodily injury or damage to another’s property arising […]

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Q: What is General Liability Insurance? A: General Liability insurance covers the cost of your legal defense if you are sued for covered claims and any settlement or judgment awarded for those claims.

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Q: What are the factors that impact my insurance premiums? A: * Industry * Years in Business & Experience * Claims/Loss Runs * Insurance History/Lapses In Coverage * Schedule of Hazards – Operations * Revenues/Sales * Payroll * Payment History * Address/Location * Building Values * Year of Construction/Type of Construction/Updates * Content/BPP Values * […]

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Q: What are the types of Medical Insurance? A: * Individual Health * Group Health * HSA Plans * Dental * Vision * Short-Term Health * Student Health) * Cancer * Critical Illness * Travel Insurance * Hospital Insurance

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Q: What are the types of Life & Disability Insurance? A: * Whole Life * Term Life * Survivorship Life * Universal Life * Group Life * Key Man Life * Long Term Care (LTD) * Short Term Disability (STD) * Business Overhead * Specialty Disability (Professional Athletes etc.) * Accidental Death & Disability (ADD&D)

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Are DUNS numbers only required for federal contracts? Do state contracts also require DUNS? Effective April 2022, the federal government has replaced its use of DUNS numbers with a new non-proprietary identifier key, UEI. Some government agencies may still request a DUNS number. Learn More

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What are the most searched RFPs, bids, and contracts? These industries/services historically are the most searched for bids/RFPs/Contracts: 1. Construction 2. Architectural 3. Engineering 4. Landscape 5. IT/Information Technology 6. Janitorial & Cleaning 7. Security & Safety

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What are the most active contracting/bidding states? These 8 states have historically issued the most bids and awarded the top total contract awards (in dollars): 1. California 2. Texas 3. Florida 4. Massachusetts 5. Georgia 6. New Jersey 7. North Carolina 8. New York

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What is the difference between an Addendum and an Amendment? Amendment makes a change to the contract. Addendum makes an addition to the contract.

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What is a Computed Cost Score? COMPUTED COST SCORE: The cost evaluation shall constitute ten (10%) percent of the total points assigned and will be based upon standard cost rates submitted by the proposers. The proposer with the lowest cost shall receive the highest cost evaluation score. Other proposers will receive a cost score computed […]

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