Information for business owners.

NY Policy Premium Notice

New York Policyholders, A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations issued by the New York State Department of Financial Services, extend grace periods and give you other rights under certain property/casualty insurance policies if you are an individual or small business and can demonstrate financial hardship as a result of the novel coronavirus pandemic.  These grace periods and rights are currently in effect but are temporary, though they may be extended further.  Please check the Department’s website for updates. If you are [...]

2020-04-07T19:41:17+00:00April 7th, 2020|

Coronavirus Aid, Relief and Economic Stability (CARES) Act

The Coronavirus Aid Relief and Economic Stability (CARES) Act Program was signed into effect on March 27th, the program includes an overwhelming amount of information. As a business owner, we recognize the importance of the Act to you and want to share some of the key points. Background On Friday, March 27th the President signed the Coronavirus Aid, Relief and Economic Stability (CARES) Act, a $2 Trillion stimulus and aid package passed by Congress to offset the economic damage inflicted by the COVID-19 pandemic.  The Act covers individual economic relief such as [...]

2020-04-06T19:31:20+00:00March 31st, 2020|

Cyber Insurance 101

If you go into a business today, chances are you will encounter technology in many forms. From the card reader you use to pay for your purchase to the computer sitting on the desk they may use for inventory or customer management; businesses today are using technology more and more. With this increased use of technology, comes increased risk. There are many different types of risks that are associated with a business using technology. These include data breaches, malware attacks, loss of data, hacking, and [...]

2020-01-31T19:30:54+00:00February 23rd, 2020|

Workers’ Compensation 101

Workers' compensation insurance, commonly known as workers’ comp, is insurance that covers medical expenses and a portion of lost wages for employees who become injured or ill on the job. Coverage also includes employee rehabilitation and death benefits. How does workers' compensation insurance work? When an employee gets injured at work, they should report the injury to their employer and then file a workers' compensation insurance claim.  From there the claim goes to the insurance company where it is determined what type of benefits are required [...]

2020-01-31T16:13:00+00:00February 2nd, 2020|

Just as wine and beer evolves – so should your insurance!

Have you ever dreamt of running your own winery or brewery? Many great businesses start when a person has the idea to make a hobby their full-time career.  But as your hobby evolves into your livelihood, there are many business decisions that need to be made daily even before you open the doors… insurance being one of them. At Gannon Associates Insurance, we can offer insurance packages that are as unique as your business.  We have dedicated sales and service staff that specialize in different types of [...]

2019-05-31T14:53:00+00:00June 22nd, 2019|

Commercial Liability Umbrella 101

A commercial liability umbrella policy is designed to provide an extra layer of protection by covering costs that exceed your existing liability coverage limits. It compliments your existing liability coverages by taking over when your other liability coverage limits have been reached. Commercial liability umbrella policies serve 2 main purposes: To increase the liability limit that your company already has an existing, or underlying, liability policies. To broaden coverage for things that your underlying policies may not cover. Commercial umbrella insurance can only supplement coverage for certain underlying policies. These include general liability [...]

2019-06-10T19:24:34+00:00June 10th, 2019|

Is Your Farm Underinsured?

Don’t risk finding out if your farm is underinsured when you have a loss. Insuring to the accurate value of your home, buildings, equipment, and inventory is an important consideration when reviewing your insurance coverage needs. If you were to have a major loss and your property was unable to be valued, your claim reimbursement could fall short of the actual value and ultimately create financial losses. It is important to regularly meet with your insurance agent and ensure that your property value is up to date. You can ask for in-person visits [...]

2019-05-01T16:20:55+00:00May 25th, 2019|

Investing In Your Business Means Investing In Your Employees

You have gone through so many resumes and job applications; conducted countless interviews over the phone and face to face.  You think you have the perfect candidate and offer them their starting salary and benefits package.  As you sit and watch them look it over, you start to think to yourself, “this is a great offer.  Why would they decline it?” This leads to you thinking of different things.  What are employees looking for?  Which benefits will keep them happy and make them want to stay with your company for years to come?  [...]

2019-03-05T18:41:24+00:00March 5th, 2019|

Importance of a Culture of Safety

When it comes to your company, safety should be a top priority. Safety is more than just a set of activities focused on accident prevention. It is a way of thinking and it should be at the heart of any successful company. When you address unsafe conditions or actions before they become issues, you are building your safety culture. Having a culture of safety is vital to your company, it improves employee morale, empowers employees, and can even boost your bottom line. According to Nationwide, the average cost of a minor workplace [...]

2019-02-15T09:51:56+00:00February 15th, 2019|

10 Quick Tips for Car Care for Cold Winter Weather

With this incoming cold weather, one of our staff members, Amanda Alexander, who worked in the car industry for 15 years, shares her top 10 advice tips that vehicle service advisors give to their customers: Get your battery checked. The number one symptom we see with cold weather is vehicles not starting in the morning. Car manufacturers recommend changing a car battery every 3 years, so if your battery is older than that, make a quick trip to a local auto parts store or your garage to have your battery checked. When [...]

2019-01-30T16:20:54+00:00January 30th, 2019|