Personal Lines - Liability Assessment

Assessment Introduction

    Page 1

    Welcome to the Personal Lines - Liability IQRM!

    While it is the job of the agent or broker to make every attempt to reduce premium outlay, insufficient coverage could mean a hard hit to your savings if your assets are not properly protected.  Most importantly, your agent or broker should help you identify, prioritize, and strategically manage your risks and uncertainties through a process, not product-oriented approach.

    Through the Intelligence Quotient for Risk Management (IQRM), it is our goal to help you identify, measure, and prioritize the risks and uncertainties that face you and your family.  And, to design as risk management program to properly manage.  Please click below to begin a short survey to gain your IQRM Effectiveness Risk Audit Score for your liability exposures.

    question 1

    In the event that you are high profile or frequently in the public eye, how effective are your coverages at protecting assets like cyber, travel, kidnap and ransom, or liability for domestic employees?

    question 2

    How effective are your coverages at protecting you from third party injuries while the person is on your properties?

    question 3

    To what degree have you reviewed your insurance coverages to ensure they protect you from damages or injuries from any persons staying at any rental properties?

    question 4

    How effective are your policies at protecting you from foreign exposures such as renting a vehicle for business or pleasure, or staying at an overseas property?

    question 5

    How effective are you at ensuring that all land you own is properly covered for any liability arising from and on it?

    question 6

    To what degree is your family protected while operating vehicles furnished for your regular use that you do not own or lease?

    question 7

    If you have properties in an LLC or trust, to what degree does your policy reflect the proper name, by special endorsement, to the policy?

    question 8

    To what degree are you aware of the potential liability you assume when serving as an officer or board member, and the proper risk mitigation strategies in place to manage that liability?

    question 9

    How effective are your policies at providing liability or limited liability coverage should your pet injure someone, or causes damage to another person’s property?

    question 10

    How effective are your policies at protecting your family while conducting business activities on premises or hosting events?

    question 11

    To what degree are you aware of, and protected from, liability related to domestic employees?

    question 12

    To what degree have you received education related to social media usage and the possible repercussions for statements and postings either said or shared online?

    question 13

    To what degree are your properties maintained to discourage improper access to attractive nuisances? (i.e. a trampoline, pool, lake or pond on the property)

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