Recreational insurance for individuals.

Hard Market FAQ

After decades of low premiums and abundant capacity - their willingness to accept new or increased risk –  the insurance market is experiencing a hard market. This is when premiums increase, coverage terms are restricted, and competition for most types of insurance decreases; in other words, insurance is getting more expensive and harder to find. A hard market can lead to a ton of questions. Let’s look at a few and go over the answers. What is a “hard market” in insurance? A hard market means insurance companies are raising rates and restricting [...]

2024-02-06T16:43:12+00:00February 6th, 2024|

Hard Market 101

You’ve already heard about how inflation is affecting everything, including insurance premiums and claims. Rates are rising and insurance is becoming harder to get. This situation is what we in the insurance industry refer to as a “hard market.” What causes a hard market? Hard markets are caused by many factors, these can include increased underwriting loss – a loss made by an insurance company in a particular period- , increases in natural disaster claims, increased litigation costs, and increased economic challenges. All of these factors make it more expensive for insurance companies [...]

2024-02-06T16:37:43+00:00February 6th, 2024|

Golden Milestone: Celebrating 50 Years of Excellence

In the world of insurance, where trust and reliability are critical, reaching the 50-year mark is worth a celebration. Gannon Associates Insurance is proud to be celebrating their golden anniversary this year. Established in 1973 by Max Gannon, Gannon Associates Insurance has been a source of support and security for countless individuals and businesses across our area and beyond. As they commemorate half a century of unwavering dedication to their clients and commitment to insurance excellence, it is the perfect time to reflect on the journey that led to this remarkable achievement.   [...]

2023-12-22T17:43:41+00:00December 22nd, 2023|

Recreational Insurance… Do You Need It?

Recreational insurance is coverage for your recreational vehicle that typically includes protection for injury or damage you cause and to the recreational vehicle itself. In addition, it can protect your financial well-being in the event of an accident. But is it required? Since recreational insurance includes several different options, the answer varies. So, let's look at them individually… RV Insurance Many states require that you carry underinsured or uninsured motorists' insurance for motorhomes. In addition, all states require you to have minimum liability coverage when the vehicle is being driven on the road. [...]

2022-04-01T14:39:10+00:00April 24th, 2022|

Recreational Insurance 101

It is that time of year. It is time for those who own boats, RVs, and ATVs to take off the covers and get their warmer weather recreational vehicles out of storage. Campgrounds are opening for the season, lake days are coming, and it’s the perfect weather to explore some trails. So, as you start to get your recreational vehicles ready for the fun, consider the following: Imagine… You are setting up your camper when you suddenly find that some animals have made a home out of it over the winter. Unfortunately, they [...]

2022-04-01T14:43:21+00:00April 10th, 2022|

Motorcycle Safety Tips

There is nothing better than taking your motorcycle out for a nice afternoon ride on a warm spring afternoon. However, it is important to remember that with that freedom comes risk as well. Stay safe with some of these motorcycle safety tips: Always wear a helmet with eye protection. Wearing a helmet is the best way to protect against head injuries and having eye protection can help ensure that nothing flies into your eyes or face during your ride. A full-faced helmet is the best option as it protects your entire head. Wear appropriate [...]

2021-04-27T17:52:34+00:00May 23rd, 2021|

Watercraft Safety

Summer is a great time to take the family boat out on the lake for the afternoon. You can find a nice spot to relax, enjoy the water, and just soak up the sun. However, if you are not careful, you could cause an accident. In 2019, the United States Coast Guard reported more than 4,000 boating accidents. These accidents resulted in more than 600 deaths, 2,500 injuries, and $55 million in property damage. Staying safe and being prepared can be vital to a good time out on the lake! Wear A [...]

2021-07-27T15:59:15+00:00July 12th, 2020|

Boat Insurance

Picture this. You are spending a sunny afternoon on your boat at the lake with your family. Everyone is enjoying themselves when all of a sudden something goes wrong. You lose control of your boat and smack collide with another boat. It was a pure accident but now both boats have rather large dents and some of your passengers are feeling a bit of pain from the collision. Now what? Well, if you do not have boat insurance this could be an expensive accident. Not only do you need to fix your boat, [...]

2021-07-27T17:00:51+00:00May 11th, 2020|

Protect Your Recreation Vehicles To Keep The Fun Going

Summer is heating up and that makes it the perfect time for some fun. For some, that fun could be taking the RV to a campground or for a cross-country adventure, taking that motorcycle or ATV out for a ride, or even taking that boat for a spin on a beautiful lake. All of these sound like an amazing way to spend your free time this summer. However, in the blink of an eye, these things could turn into a nightmare if you are not protecting them with the right kinds of [...]

2021-07-28T16:13:41+00:00July 10th, 2018|
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