Monthly ArchiveJanuary 2020

Moody Insurance

Tips for Safe Winter Riding

For many motorcyclists, the motorcycle is their primary modes of transportation. That means despite the temperatures falling and ice on the road, they are on their bike. In addition to having worldwide motorcycle insurance, these tips can help riders stay safe this winter.

Following Distance

One way to decrease the risk of an accident is to increase the following distance behind other vehicles. Slippery ice, cracks in the road or fresh salt decrease tire traction. Additional distance gives you more time to stop. The insurance firm Moody Insurance states that auto liability insurance is a requirement in most states.

Slick Conditions

Try to avoid riding when the weather turns nasty. Falling snow can quickly accumulate on the road creating slick road conditions. Those colder tires have less traction on an already slick surface. Besides heading home when the weather turns, consider carrying a kit to turn those tires into studded snow tires for added traction.

Proper Gear

A motorcycle doesn’t have the protection of a vehicle. No heater to warm those cold fingers or keep your core from freezing. Because of that, it is essential you wear proper gear when out. Layers are your friend when the temperatures drop but be sure the underlayer wicks away moisture.

Having a policy with worldwide motorcycle insurance is one way to protect yourself this winter. These other tips can help make riding more comfortable and safe.

Miscellaneous Professional Liability

MPL as an Added Protection

To protect your company from loss related to errors, omissions, or negligence that arise from claims made against your professional services, you will want to carry a professional liability coverage policy. As found in the information at https://www.huntersure.com, those working in printing, publishing, as a mortgage broker, or a travel agent could benefit from this protection in the event of a lawsuit against their company.

Industries Benefiting from MPL

There are hundreds of professions that face these liability concerns, and if you are operating in any of the following services, you may want to consider adding a miscellaneous professional liability (MPL) plan to your arsenal of insurance coverage. This for those in:

  • Information technology services
  • Insurance brokerage
  • Lobbying
  • Multimedia products
  • Process services

This form of coverage is good for those who work in distribution or manufacturing, as it is a way to protect against the financial damages that can arise during claims involving outsourced work, intellectual property, and online commerce transactions.

The realm of professional liability is highly complex, and your business may have unique exposures that aren’t addressed with a generically written policy. You should consult with an agency or broker that is familiar with your industry to give you the best advice on what level of protection you need. Through their help, the underwriting process can specifically address the risks that pose the greatest threat to your company.