Imagine coming to work one day and finding that your whole company had been locked out of its computer systems, with a ransom note left behind. Or imagine hackers stealing your clients’ financial or medical information and posting it on public websites. These are just some of the real-life cybersecurity horror stories that small business …
Is Your Business Underinsured Due to Inflation?
It’s no secret that inflation is raising the costs of goods and services. Higher wages and higher interest rates are also having an impact on the cost of doing business. But these factors also raise how much it may cost to rebuild or resume operations after an insurance claim. As a result, your business may …
Flood Insurance is Changing
Significant changes have arrived when it comes to flood insurance. On April 1, 2022, the Federal Emergency Management Agency (FEMA) rolled out its new system of determining flood insurance premiums, called “Risk Rating 2.0”. It’s the most significant update since the National Flood Insurance Program began in 1968. About the National Flood Insurance Program Flood …
Statement on the Springdale Tornado
Here at Farris Insurance Agency, we are devastated to hear about the damage in our community due to an EF-3 tornado that touched down early Wednesday morning, March 30. We are all SAFE and AVAILABLE to take your calls and assist in any way we can during this difficult time. If you need to file …
Common Scams Targeting Small Businesses
Scammers are using new tactics to try and take advantage of people and businesses during the COVID-19 pandemic. Many of these scams are happening over the phone, email, text, and social media and target your money and identity. The Better Business Bureau Serving Arkansas and the Better Business Bureau Education Foundation recently held an online …
Jewelry Insurance: How to Insure Your Jewelry
Valentine’s Day surprises, marriage proposals, and graduation gifts – lots of folks give the gift of jewelry to show their love and appreciation. But don’t forget to keep that cherished gift secure with the right insurance policy. Jewelry and valuable items insurance can cover you if your precious items are stolen or damaged. That includes …
Protect Your Family During the Holidays with Homeowners Insurance
Make sure to avoid common mistakes that could lead to insurance claims over the holidays. Bill Martin, president & CEO at Plymouth Rock Home Assurance, and PalAmerican security both recently put together lists of common types of homeowners insurance claims. Here are some ways to avoid hazards during the holiday season. Fire Hazards Martin says …
The Most and Least Expensive Cars to Insure
If you’re in the market for a new or used vehicle, you probably want to take into account how much your auto insurance will cost. A recent survey conducted by Insure.com identified the most and least expensive vehicles to insure. Here’s the rundown of what might either set you back or give you a sweet …
Northwest Arkansas Insurance for Businesses
Anyone in control of running and managing a business must be comfortable with a certain level of risk. This is a known factor, and it’s why people take out loans, stake their reputations, and invest in patents for ideas they feel have the chance of going somewhere. Yet this doesn’t mean all risk is acceptable, …