Entries by kingsgateinsur

The Role of Coinsurance and Sublimits in Cyber Insurance

Cybercriminals increasingly use sophisticated methods to infiltrate businesses’ computer systems and networks, putting sensitive data and personally identifiable information at risk. With cyberthreats evolving in scope and complexity, businesses of all sizes and industries face potentially devastating financial and reputational damages. To manage these risks, leaders should adopt robust cyber defenses and follow cyber hygiene […]

What a Condo Insurance Policy Covers

Condo insurance is a specific policy for condo unit owners. It is like homeowners insurance but has some nuances that are essential to understand. Whether you’re a first-time condo owner or want to learn more about how to protect your investment financially, it’s essential to understand what condo insurance has to offer. What a Condo […]

Navigating Fall Crop Insurance Claims: What To Expect

When filing a Multi-Peril Crop Insurance (MPCI) claim in the fall, farmers can expect a detailed and structured process designed to evaluate their losses and determine compensation. Here’s what typically happens: 1. Prompt Loss Reporting: 2. Documentation and Record-Keeping: 3. Inspection by Adjuster: 4. Loss Calculation and Determination: 5. Finalizing the Claim: 6. Receiving the […]

Common Gaps in Insurance Coverage You Should Know About

In an unpredictable world, having the right insurance coverage is essential for safeguarding your assets and ensuring peace of mind. However, many people may unknowingly carry gaps in their insurance coverage that could leave them vulnerable when disaster strikes. Understanding these common gaps can help you assess your needs and make informed decisions to close […]