A new year means a fresh start and 365 days to achieve everything you want this year. Unfortunately, 80 percent of New Year’s resolutions fail by February. It certainly doesn’t help that January is a particularly difficult month for self-improvement. For one, we’re coming off a holiday hiatus and are struggling to get back into the groove of things. Secondly, […]
We understand that the relationship you hold with your local insurance agent is one that has most likely been cultivated and maintained for years or even decades. We, too, cherish the relationships we’ve developed with our clients over the years. We certainly understand and applaud such relationships, and we are not in the business of wedging ourselves in between those […]
If there were a mantra for the events industry, it would be “Hope for the best, but plan for worst.” There are always going to be things that are out of your control and, while it’s not something anyone wants to think about, in today’s world, no event is immune to the threat of terrorism. When many people think of […]
The challenge is not unfamiliar to snow removal contractors across the nation: how can a business whose income relies on a completely unpredictable variable manage to generate enough revenue to cover costs and, hopefully, be profitable? With the volatility of natural snowfall, surviving an extreme winter, either one with very little snowfall or incredibly large snowfall totals, can be at […]
Imagine a business that has only a month in which to earn all if its annual revenue. That’s the challenge of operating a haunted attraction, corn maze or pumpkin patch. The opportunity to earn revenue is limited to a few short weeks leading up to Halloween. Unfortunately, the weather can greatly impact the number of visitors and, therefore, the earnings […]
Spectrum has been providing weather insurance for quite a while, and no other broker in the United States places more policies than us. Simply put, we are the top specialty broker in the country. However, we also understand that people like to do business locally, and many times procure their rain or weather insurance through their local crop insurance agent or other […]
I don’t know about the rest of the country, but for us here in the Midwest, summer is a big deal. After months of unreliable, unstable, cold and snowy weather, we are more than ready for sunshine and summertime! But before we know it, Old Man Winter will be back and we’ll be stuck indoors once again. That is why […]
After some of the recent spring storms, we’ve seen a lot of backlash on social media about shows being canceled due to inclement weather. As a company in the weather business, we know how difficult these decisions can be for event organizers. After spending months planning for an event, canceling it is never an easy call, but you need to […]
Pulling off any successful event is no easy feat and the stress is tenfold when planning an outdoor event in which there are factors beyond your control that could have a huge impact on its success. Asking yourself these four questions in the early planning stages can give you peace of mind and help you save money in the long […]
Nothing turns more heads than the word “free.” Consumers love getting something they want or need for free, which is why weather-based retail promotions are so popular. A weather-based promotion is when you offer a full or partial refund on a purchase based on the occurrence of a specific weather event. For example, if it rains one inch on July […]
Even as snowfall continues to blanket much of the country, it is never too early to request a weather insurance quote for your summer event. Spectrum Weather and Specialty Insurance provides coverage for a variety of outdoor events, such as fairs, festivals, concerts, sporting events, motorsports events and many others. Take some time today to ignore the cold wind and […]
Illness, transit strikes, faulty equipment, safety evacuations, kitchen fires, storms, blocked drains, soggy ground, gas and water leaks, volcanic eruptions grounding airlines – sometimes your event just can’t go on and you need to recover your expenses. This is the point when you’ll be glad you got event cancellation insurance…or kicking yourself if you didn’t.
At bare minimum, you’ll want to […]
If you’ve seen our travel itinerary lately, you know we’re always on the move. Spectrum President, Robert Holmes, tries to attend as many industry conferences and conventions as possible to meet our clients in person. There’s just no technology that can replace a face-to-face meeting and a solid handshake.
While we appreciate modern conveniences, like being able to get quotes online, […]
When you begin your search for insurance, regardless if its weather insurance, home insurance, auto insurance or trip insurance, you’ll realize you have a lot of options. There are all of the big name companies, whose commercials you see daily, and then there are the independent insurance brokers like Spectrum.
An insurance agent who is affiliated with an agency, like one […]
This is the first week we’re finally starting to see normal temperatures in much of the northern United States. The warmer-than-usual weather may have had many people wondering if we would be skipping winter this year or if it was merely the calm before the storm. Now that temperatures are dropping, you should definitely be thinking about snowfall insurance for […]
It’s a feeling all too familiar to snow contractors, particularly in the northeastern U.S.: What if this next blizzard causes us to go revenue-negative? You know your crew will eventually get the job done, but after all those overtime hours, will your costs surpass your profit?
Since seasonal snow and ice removal contracts are typically agreed upon well in advance, you’re […]
“Take a gamble” has rarely been sound business advice. However, when your business depends on something as volatile as the weather, every winter can feel like a bad trip to Vegas. If you’re in the snow and ice removal industry, you’re either hoping for an early spring or wishing for a blizzard like a fourth grader praying for a snow […]