108 years since their last championship. Congratulations to the World Series Champions ,
2016 Chicago Cubs!
Click here to recap this once and a lifetime historic moment!
From Tom Neis, CEO of Parr Insurance Brokerage & Neis Insurance
To get the best insurance coverage, please contact us :
Parr Insurance Brokerage
2157 N Damen Ave. Apt #2b
Chicago, IL 60647
773 – 489 – 3001
cedric@parrinsurancebrokerage.com
Tom Neis was accepted an award on behalf of the city of Crystal Lake for the recognition of 20 years of town interchanging schools, music, cultural and civic events for the betterment of cultural understandings during his presidency of the Chamber of Commerce in Crystal Lake.
Congratulations to Crystal Lake Chamber of Commerce as well as Tom Neis!
But many potential disasters aren’t covered, such as flood and earthquake damage. Look at the exclusions category of your homeowner’s insurance to see what your existing policy doesn’t pay for. If you’re at risk for these scenarios, additional insurance policies are available (and may even be required from lenders if you’re taking out a mortgage).
Here are common exclusions not covered by Home-owners insurance
In the case of the destruction of your home, many policies cover your loss up to an initial estimate, but some policies provide guaranteed replacement, which covers the complete repair or rebuilding costs.
Also, check your deductibles, the amount you must pay out of pocket before your benefits kick in. If you have the cash flow to handle the initial costs should anything happen, you may want to opt for a higher deductible to lower your premium. Claiming small losses on your homeowner’s insurance can increase your rate, and the insurer can cancel your policy in some circumstances.
Renter’s insurance is often very affordable, and many landlords require it before accepting a lease. Similar to homeowner’s, renter’s insurance also provides your personal liability coverage. If someone visiting you is injured in your home, the insurance company pays. But there are also exclusions present in Renter’s insurance. Here are some common ones:
*Jewelry
*Electronic
*Computer Equipment
*Art
*Collections or Collectibles
To get the best possible coverage on your Homeowner’s insurance make sure to contact us at Parr Insurance
773-489-3001
2157 N. Damen Ave
Chicago, IL
Here’s a prediction for the sharing economy 2016 via Ronny Kerr @ Vator.tv
2. Uber won’t file for an IPO
In a sense, Uber is like a puppy that grew huge really quickly, but still acts like a puppy. Though the company has expanded internationally in its quest for world domination, the company resembles a young startup in its ability to test new, innovative schemes (like UberEATS) relatively quickly.
3. Airbnb will file for IPO
Airbnb, on the other hand, is ready for primetime.
Today the company doesn’t have much serious competition, except from HomeAway, which was acquired by Expedia for $3.9 billion in November, and the traditional hotel industry. So not only will this IPO happen, but it will be a hot one.
4. Didi Kuaidi will acquire Lyft
Consolidation in the ride-hailing space is inevitable. In fact, it’s already underway.
5. Uber will succeed where Sidecar failed
Sidecar, one of the earliest ridesharing companies, announced earlier this week that it was shutting down. After serious competition with Uber and Lyft, the company had pivoted in early 2015 to food delivery. Unfortunately, competition in that sector is just as fierce, and ultimately Sidecar couldn’t cut it.
6. Several food delivery startups will go out of business
7. More unions will be approved for Lyft and Uber drivers
At the end of 2015, the relationship between Uber/Lyft and their drivers was looking really interesting.
8. Uber will invest heavily in fully autonomous car
It’s a bit optimistic to think we’ll be seeing fully autonomous cars on city streets by the end of 2016, but it could realistically come to fruition by 2020.
9. Uber for friends (and maybe more than friends)
In 2016, we’ll see the rise of a line of apps and services promising the ability to “hail” or “rent” a friend on the fly.
10. Taxis will thrive
People still buy taxi medallions in the city, and I predict the number will even go up next year. Of course, for this to actually become reality will require more than just technology like Flywheel. We’ll need tighter regulations on the upstarts (Lyft and Uber) and more equal rules for the taxi industry.
The first ever Canadian Sharing Economy Symposium was held on December, 2nd in Toronto. The Canadian Sharing Economy Symposium drills down into how the new Sharing Economy platform business model is disrupting traditional businesses. Melissa Neis, Vice President of Parr Insurance was one of the panelist present at the Symposium. Important questions were directed towards Melissa which tackle the a lot of issues of the emerging Sharing Economy. Questions such as:
What does it take to build an insurance program for the sharing economy and what are some of the difficulties you face?
What are some things that businesses in the sharing economy could do to either improve their current insurance program or to ensure that they get a program that best suits their business model?
The keynote speakers were Marina Lao, Director of the Office of Policy Planning at the Federal Trade Commission and Tim Hudak, Member of Provincial Parliament, Niagara West-Glanbrook. This conference brings together the key change makers from multiple sectors and perspectives to discuss how the rapidly evolving sharing economy model has global and local implications that are changing markets, cities, and lives.
While this is opening up a number of opportunities, it is also raising complex legal and policy issues such as how best to address market failures; and manage concerns over consumer safety and tax compliance. This panel discussed as well the critical issue of labour in the sharing economy: are participants “employees” or “independent contractors”; the problems and opportunities posed by these new labour relationships; and what legal and policy changes may be needed in response.
For more information on insuring businesses in the sharing economy, contact us today!
Parr Insurance Brokerage
2157 N Damen #2B
Chicago, IL 60647
P.773.489.3001
Melissa@parrinsurancebrokerage.com
The Chicagoland Cooperator’s Condo, HOA & Co-op seasonal Expo took place at the Navy Pier Convention Center, on Wednesday, November 18th from 10am-4:30pm. The Expo is for board members, property managers, condo, HOA and co-op decision makers. Dwight Zivo of Parr Insurance Brokerage was an insurance expert in one of the Advice Booths, a free advice panel available to attendees of the event.. The event was free.
The Chicagoland Expo is the largest expo in the state entirely dedicated to connecting condo, HOA, and co-op managers, board members, and residents with the professionals and service providers their communities need on a regular basis. Between nearly 300 exhibitors, countless product demos, free advice booths, and full roster of educational seminars, it’s literally a one-stop, custom-built marketplace for vendors, products and ideas.
“The express purpose of the Chicago Expo is to help attendees make useful, productive connections, gain valuable information, and network with their peers,” says company president Yale Robbins. So if you’re a decision-maker for a condo, homeowners association, or co-op community—or even if you just call one home—and you have a pressing legal issue or an important project waiting in the wings, you owe it to yourself and your community to drop by the Expo and experience what it has to offer. It would take months to meet with the same number of vendors and professionals a typical Expo attendee will interact with in one afternoon on the show floor.
One of the biggest reasons for board members, managers, and owners to visit the show is the Chicago Expo’s full slate of free educational seminars. Custom-built to help anyone involved—or even just interested—in the administration of a residential building or homeowners association, the 2015 seminar panels will provide in-depth discussion of the legal, administrative, management, and financial concerns pertinent to the region’s HOA managers, board members, and residents.
If you are interested in attending the expo as an audience member to enjoy one the free seminars, network with fellow individuals in your particular field of expertise or promoting yourself and business as an exhibitor next time around please visit http://fall.ilexpo.com/ to register!
Our friends at Chubb point out how to properly transport your pieces of fine art. Check out the following link, Getting Smart About Moving Your Art , to learn more. Insure your pieces of fine art with us at www.parrinsurancebrokerage.com/homes
The Insurance Journal features an article on challenges insurance companies face when dealing with ride-share companies. Our own Melissa Neis provides input on the matter and is featured in the article below.
As a reminder, please join us at SoHo House tomorrow evening for a celebration in support of Collaboraction’s mission to Incite Social Change sponsored by Parr Insurance Brokerage.
Collaboraction is an arts organization that pushes the boundaries to explore critical social issues. The evening will feature live music and theatrical performances as well as passed appetizers and an open bar. All proceeds will go towards Collaboraction’s Human Capital Campaign to grow their leadership and guide them through their next twenty years.
It’s going to be a pretty dynamic event and we expect tickets will sell out quickly. Check out the invitation below for more details.
The May 2015 issue of Best’s Review features our own Melissa Neis! Be sure to read her section about insurance agencies answering the call of new technologies and new business models.
