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 local agency.  This approach can have both pros and cons. On the plus side, you are working with your neighbor, which [...]

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 we try to soak up every last bit of it by spending as much of it outdoors as possible—which includes [...]

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 put the safety of your patrons first. But what happens next? After you’ve made the call to cancel an event, [...]

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 run. 1. How will the weather affect my event? How much the weather will affect your event depends on the [...]

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 4, all purchases made during the promotion are free. Weather-based promotions are a fun and unique way to attract more [...]

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 be covered for your expenses that went into the event, but what about all that revenue you were expecting [...]

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, a computer cannot understand our clients’ unique needs and circumstances. Plus, a robot is the last thing you’ll want [...]

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 your snow and ice removal business. If you’ve watched the weather forecast recently, you’ve probably heard this year is a [...]