L&W Insurance Agency

Even everyday situations can lead to unexpected liability claims.

In this month's Claims Scenario, we're highlighting a situation many pet owners may not think about: a dog bite injury involving a neighbor or visitor on your property.

If you're found responsible for another person's injuries, personal liability coverage may help cover medical expenses, legal fees, and other related costs. Understanding how your homeowners insurance responds to these situations is an important part of protecting yourself and your family.

At L&W Insurance, we help homeowners understand their coverage and prepare for life's unexpected events.

For many agency owners, deciding what comes next is one of the most important business decisions they'll make.

Whether you're planning for retirement, looking for growth opportunities, or seeking additional resources to support your agency, finding the right partner matters. At L&W Insurance, we understand that a successful transition is about more than financial considerations, it's about preserving your legacy, supporting your employees, and continuing to serve your clients.

With more than 94 years in business, national reach, access to over 100 carriers, and a commitment to open communication, we strive to build partnerships that support long-term success for everyone involved.

Are you ready to plan your agency’s future?

Insurance policies can be filled with unfamiliar terminology, but understanding a few key concepts can help you make more informed coverage decisions.

Today's term: Replacement Cost

Replacement cost refers to the amount it would take to repair or replace a damaged or lost item with a new one of similar kind and quality. Unlike Actual Cash Value (ACV), replacement cost coverage does not factor in depreciation when determining the value of a claim.

Understanding the difference between replacement cost and actual cash value can have a significant impact on how much you receive after a covered loss.