Insurance 101: What Determines the Cost of Homeowners Insurance?

When it comes to homeowners insurance, the price of policies can vary greatly. Watch this video to learn more about what factors into the cost of your homeowners insurance and what you can do to lower your premium.

Errors and Omissions Insurance

Errors and omissions insurance (E&O) is a type of professional liability insurance that protects a business from customer claims of negligence or inadequate work related to the professional advice and services they provide. An E&O policy can cover legal fees and settlement costs associated ...

10 areas businesses should address to mitigate professional lines risks in an evolving world

From cybersecurity exposures and ransomware attacks to M&A volatility and securities litigation, a variety of evolving risks are affecting the management and professional liability market as the economy adapts in response to COVID-19.

The Professional Lines Risk Matrix featuring 10 potential exposures affecting the professional lines market.

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4 ways telematics can drive safety for construction businesses

In recent years, many construction companies have realized the value of telematics, a method of using phone apps, seatbelt monitors, AI sensors, and cameras to capture information on driving behavior and safety. But while implementing telematics has become increasingly common in construction vehicles, studies show that most companies aren’t ...

Have a classic car? We can insure it.

Have a classic car? Safeco specializes in covering classic cars, modified collector cars, reproductions, replicas, restorations, modern classic cars and antique autos. Cars we insure are unique and have intrinsic value. They also tend to retain or increase in value over time. Our classic car insurance does not cover kit ...

What Types of Insurance Do You Need If You're Self-Employed?

We always keep an eye out for useful articles, videos and podcasts, and like to share them from time to time. It's usually stuff that covers the big things you care about like saving more money, getting better deals or making sense of insurance-speak in straightforward, plain English. Sometimes we ...

Managing the environmental risks of severe weather events

In 2020, the U.S. experienced a record-breaking number of climate and weather disasters—more than 22 severe weather events that totaled more than $94 billion in damages. These events can devastate communities, and not just in the immediate aftermath. Water and air pollution, mold, property damage, construction delays, and other ...

Elements of contractor failure

Contractors are facing unprecedented challenges in today's environment. This “Elements of Contractor Failure” infographic helps to explain why.

In evaluating a sample of contract surety claim matters over a 10-year period, the following were identified as elements of contractor failure. Elements were identified at the time of ...

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom: Bloomberg

In early May 2021, Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers, contradicting earlier reports that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction. The company paid the hefty ransom ...

CYBER LIABILITY INSURANCE

We have Cyber Insurance and Identity Theft product options that can be matched to your exposures and needs.

Coverage includes claims for network security and privacy liability, notification costs, regulatory expense coverage, and more for organizations that rely on electronic data, as well as paper files, computers, ...

Businesses and solar power: five risks of roof-mounted PV systems

Businesses around the U.S. are jumping on the solar bandwagon — and for good reason. Changing technology has made solar panels (also called photovoltaic, or PV, systems) more efficient than ever before, allowing companies to save money and save the environment at the same time. Today, electricity from corporate solar ...

Driving at night: 10 safety tips for nighttime navigation

Driving at night can be dangerous - but it doesn't have to be!

Follow these 10 safety tips to help you navigate the night:

In the best of circumstances, driving can be a dangerous venture. We have to monitor our speed, keep an eye on the vehicles ...