What is Basic form, Broad form, and Special form?

Basic, Broad, and Special form are three common coverage forms when insuring property.  Basic form is the most restrictive, while Special offers the greater level of protection. Basic form covers these 11 “perils” or causes of loss:  Fire or Lightning, Smoke,...

Federal Pandemic Insurance Program Requested

U.S. businesses are losing an estimated $1 trillion a month as businesses are disrupted due to the corona virus pandemic, according to estimates by the American Property Casualty Insurance Association. Yet, insurers collect only $4.5 billion a month for all commercial...

State Fund Sets up $25 Million Business Expense Fund

All State Fund Policy Holders that are identified as an essential business are eligible for up to $10,000 in reimbursements for workplace safety expenses.  Please click the links below to see the list of business that qualify and how to apply for the funds: Essential...

Understanding the Historic $2 Trillion Stimulus Package

The Coronavirus (COVID-19) pandemic has put a major strain on every aspect of daily life around the world, including the United States. As spread of the disease shows no sign of slowing down, there is a steadily increasing concern in the United States regarding the...

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