L&W Insurance Agency

Fireworks and sparklers are a favorite part of many Independence Day celebrations, but they also come with risks such as burns, injuries, and fire outbreaks.

What many homeowners don’t realize is that firework-related incidents may not always be covered under a homeowners insurance policy, especially if fireworks are used illegally in your area. Even small accidents can lead to costly property damage or liability concerns.

Before celebrating, it’s important to understand the risks, follow local safety regulations, and consider safer alternatives for your holiday festivities.

At L&W Insurance, we believe preparation and awareness are key to protecting your home, family, and community: https://lwinsurance.com/

Even everyday situations can lead to unexpected liability claims.

In this month's Claims Scenario, we're highlighting a situation many pet owners may not think about: a dog bite injury involving a neighbor or visitor on your property.

If you're found responsible for another person's injuries, personal liability coverage may help cover medical expenses, legal fees, and other related costs. Understanding how your homeowners insurance responds to these situations is an important part of protecting yourself and your family.

At L&W Insurance, we help homeowners understand their coverage and prepare for life's unexpected events.

For many agency owners, deciding what comes next is one of the most important business decisions they'll make.

Whether you're planning for retirement, looking for growth opportunities, or seeking additional resources to support your agency, finding the right partner matters. At L&W Insurance, we understand that a successful transition is about more than financial considerations, it's about preserving your legacy, supporting your employees, and continuing to serve your clients.

With more than 94 years in business, national reach, access to over 100 carriers, and a commitment to open communication, we strive to build partnerships that support long-term success for everyone involved.

Are you ready to plan your agency’s future?

Insurance policies can be filled with unfamiliar terminology, but understanding a few key concepts can help you make more informed coverage decisions.

Today's term: Replacement Cost

Replacement cost refers to the amount it would take to repair or replace a damaged or lost item with a new one of similar kind and quality. Unlike Actual Cash Value (ACV), replacement cost coverage does not factor in depreciation when determining the value of a claim.

Understanding the difference between replacement cost and actual cash value can have a significant impact on how much you receive after a covered loss.

At L&W Insurance, responsive service and dependable support are at the core of every client relationship.

"Emily is super responsive and always works to resolve any issues!!!" — RJ K.

Whether answering questions, addressing concerns, or helping clients navigate unexpected challenges, our team is committed to delivering the attentive service and guidance our clients deserve.

Even with strong liability coverage in place, some claims can exceed the limits of your existing policies.

Commercial umbrella insurance provides an additional layer of liability protection, helping cover eligible costs that go beyond the limits of your underlying business insurance policies. This extra protection can be especially valuable when facing significant liability claims that could otherwise have a major financial impact on your business.

Does your business have enough coverage?

Congratulations to Landon Lewicki on his Graduation from Salisbury University! 🎉

We are excited to celebrate this accomplishment and even more excited for his transition from intern to full time employee at L&W. We look forward to seeing all he accomplished in this next chapter.

Congrats Landon!!🎉

Cyberattacks can impact more than your systems and data, they can also affect the trust and reputation that you've worked hard to build with your customers. In fact, 43% of businesses reported losing existing customers following a cyberattack.

When sensitive information is compromised or operations are disrupted, the effects can extend beyond the immediate financial loss and create lasting reputational challenges. As cyber threats continue to evolve, it's important for businesses to evaluate their risks and ensure they have the appropriate protections in place.