Veracity Insurance Blog
Veracity's blog contains educational and informative articles about insurance.
From apartment buildings to residential neighborhoods, your home building clients have a lot of construction projects to handle and face unique business exposures on a daily basis. Veracity Insurance understands these exposures and has access to markets that empower you to place complicated accounts quickly. Our brokers understand the homebuilding industry and you can benefit from Veracity’s unique Homebuilders Insurance Program. Veracity Insurance is a national E&S wholesale brokerage firm that provides exclusive programs with in-house underwriting and binding authority with A rated carriers. Let’s walk you through our program and show you how we can be the insurance solution that helps you bind accounts faster. Continue Reading
Hard to place risks are frustrating to say the least. You often get bogged down looking for a broker with a market. This can hamper your ability to provide the best coverage for your clients and still deliver fast results. That's why you should start with Veracity. Veracity’s in house programs make finding the ideal, comprehensive coverage for your clients a seamless experience. With our in-house underwriting and more than two decades of experience we help you bind business faster. We even have the ability to indicate premiums before the quotes are created (to give you a better idea of what to expect). Veracity Insurance is a national E&S wholesale brokerage firm that provides exclusive programs with in-house underwriting and binding authority with A rated carriers. We offer the broadest coverage and competitive premiums to those with liability exposures created fr Continue Reading
Being a restoration contractor can be a dirty job! Your clients work directly with fire, water, and mold damage as well as asbestos abatement. Restoration contractors could be exposed to many risks including bodily harm, potential disease, and possible damages from exposure to fungus, mold, or bacteria. It’s a restoration contractor’s responsibility to clean up conditions that could lead to a potentially negative health issue—this places a heavy burden on the contractors and needs more coverage than what a standard commercial general liability policy provides. This is where environmental contractors insurance comes in. “We work with national insurance carriers allowing us to specialize in being able to help you Continue Reading
CBD has made a splash in the market and it doesn’t look like the non-psychoactive cannabinoid is going to lose popularity any time soon (especially in the beauty and wellness market). According to the Brightfield GroupBrightfield Group, a data firm, they forecasted that CBD product revenue will grow to $23.7 billion by 2023 and is poised to exceed expectations over the next four years. Due to the CBD industry growing, people who are looking to build a CBD-based business can be confident in investing and running one due to the current report. However, there is a lot that can go wrong while running a CBD-based business, such as mislabeling or harsh allergic reactions. Every business owne Continue Reading
Utah-based Niche Program MGA, Veracity Insurance Solutions, Launches New Cannabis Insurance Program with Key Strategic Partner
For Immediate Release Pleasant Grove, UT—MGA wholesaler, Veracity Insurance Solutions, in collaboration with a global specialty lines re-insurer, and one of the top ten insurers in a reputable market, launched a new cannabis insurance program earlier this month. “Veracity has been highly involved in the product liability world for more than 15 years. We’re aware of the hurdles a cultivator faces because of new regulations, from ‘going straight’ to having to pay taxes,” Veracity CEO, Daryle Stafford says. “We know the difference between CBD and THC, and understand the turbulence involved while navigating state and federal laws. Your cannabis clients will be familiar with these challenges and your wholesale broker needs to keep up with this ever-changing coverage landscape.” Continue Reading