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Crazy Insurance Claims: Insuring Your Super and Exotic Cars

Crazy Insurance Claims: Insuring Your Super and Exotic Cars

Car insurance protects you from any financial risk you could incur if you have an accident that results in damage to your car, property, or another person. If you drive a supercar or an exotic car, you will need to add additional coverage to cover the expense associated with more complex and specialized repairs. World’s …

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The Top Insurance Plans for 2021 - Protecting Your Interests in the New Year

The Top Insurance Plans for 2021 – Protecting Your Interests in the New Year

If 2020 taught us anything, it was to expect the unexpected. Between unforeseen health challenges with COVID-19, business interruptions, and unemployment, people around the world are taking note of just how unpredictable life can be. As we move into a new year, we continue to recognize the importance of protecting our interests with insurance.  Often …

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A Silent Crisis, Heart Disease in the UAE at Dangerous Levels

A Silent Crisis, Heart Disease in the UAE at Dangerous Levels

According to a study by the Cleveland Clinic Abu Dhabi published recently, 71% of UAE residents have at least one major risk factor for heart diseases. We can’t underscore how high this risk is: 2 in 3 people are susceptible to heart disease. These factors, according to the study of people reported, 23% percent have …

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A Lesson in Foresight - Risk Management and the Importance of Competent Brokers

A Lesson in Foresight – Risk Management and the Importance of Competent Brokers

In a move that proved to have more foresight than anyone could have ever predicted, in 2017, University of Illinois Business School Dean Jeffery Brown purchased revenue and pandemic insurance worth up to $61 million with their Chinese student body population in mind, which represents nearly one-third of their engineering program.  Due to many clerical …

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Why is it so Difficult to Find Good Classic Car Insurance?

Why is it so Difficult to Find Good Classic Car Insurance?

First, what is classic car insurance? Well, classic car insurance isn’t like the “normal” car insurance most people have on their vehicles. This type of insurance is specified to help and protect special vehicles in the “antique” or “classic” car category. There are different definitions on what is considered a classic or antique car, but …

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5 Things You Didn’t Know Insurance Brokers Can Do For You

5 Things You Didn’t Know Insurance Brokers Can Do For You

This article was updated on July 12th, 2024 Navigating the world of insurance can feel like wandering through a dense jungle. With countless providers offering seemingly similar policies and endless paperwork, it’s no wonder people feel overwhelmed. That’s where an insurance broker steps in. More than just experts in the field, brokers are your guides …

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Ethical Insurance Advice & When Advisors Just Have to Say No to Easy Money

Ethical Insurance Advice & When Advisors Just Have to Say No to Easy Money

When it comes to advising our clients on life insurance policies, we do it a little differently than other brokers. This isn’t some sort of hollow promise, but we just looked back on several life insurance transactions, and it is a well-documented, distinctive approach at Petra Insurance Brokers.  Recently, one of our long-standing clients came …

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Does Workers’ Compensation Cover Employees Who Work from Home?

Does Workers’ Compensation Cover Employees Who Work from Home?

Workers’ Compensation Insurance (Workers’ Comp) is a fairly standard form of insurance and a common practice for all organizations that have employees. It is straightforward: Employees injured at the workplace will receive medical benefits in exchange for not suing their employer. Employees get medical coverage and employers are protected from lawsuits and exorbitant damages. Workers’ …

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