by astoundz | Sep 1, 2020 | Contract Tips
Risk Specialty Group Has Retained Its Best Practices Agency Status For 2020 Houston, TX August 31, 2020 – Risk Specialty Group retains its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States....
by Ashley Landers | Sep 24, 2019 | Contract Tips
HOUSTON, TX, September 18th, 2019 – The Risk Specialty Group, LLC has been selected to be part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big...
by astoundz | Apr 8, 2019 | Contract Tips
How do I insure my Drone? Q: I use my Drone for my business, is it insured under my current General Liability Policy or do I need to purchase a separate Drone Liability Policy? A: Your General Liability coverage usually includes an exclusion that prohibits aviation...
by astoundz | Apr 8, 2019 | Contract Tips
Should I sign a Letter of Reliance? Q: My client mentioned that their lender will request to have a separate agreement signed, in addition to my professional services contract. Is this typical, or does this signal additional risk? A: Your client’s lender is not...
by astoundz | Jun 28, 2018 | Contract Tips
Should I waive the consequential damages provision? Q: Why should I ask my client to waive consequential damages, as suggested in some of the standard industry documents? A: Deleting a provision that waives consequential or special damages increases your risk,...
by astoundz | Jan 8, 2018 | Contract Tips
Should I specify when my client pays for completion of services? Q: Is it critical to specify when the client should pay for completion of services? A: Keep in mind that claims related to nonpayment are typically uninsurable. Therefore, be wary of “pay when paid”...