Professional Insurance Archives - Otterstedt Insurance Agency

You’ve Been Hacked. Now What?

Written on October 22, 2025.

Cyberattacks on businesses are becoming increasingly destructive. According to IBM’s “Cost of a Data Breach Report 2025,” the U.S. broke records in 2024, with data breach costs soaring to $10.22 million. That’s up 9% from 2023. The report attributed this surge to higher...

Protecting You, Always: Our Commitment to Your Peace of Mind Continues

Written on July 10, 2023.

You’ve probably noticed it. You probably read about it. You’ve probably seen it on the news. Insurance rates have been on the rise this year. The reasons for this rise in costs are several and include the following: A large increase in the number of claims for home and auto, mostly...

Year End Insurance Policy Planning and Review

Written on September 27, 2022.

Every business owner needs a comprehensive insurance plan for their business. When an unplanned incident happens, your insurance policies cover a variety of exposures, including property, liability, employer, and more. Without proper coverage, your finances could receive a heavy hit, and you...

Reopening Your Business Safely and Properly

Written on June 24, 2021.

The global pandemic of COVID-19 forced millions of businesses, offices, and schools to shut down. More than a year into it, we are finally seeing some reprieve with vaccinations and lower infection rates. However, many people are still working at home, which may change soon as COVID...

Worker’s Compensation Changes Due To COVID-19

Written on September 28, 2020.

COVID-19 has undoubtedly changed so many things in our world. A condition that initially required 15 days to “flatten the curve” is changing lives, and even ending some lives, six months and counting, later. Existing worker’s compensation laws before COVID-19 specifically excluded...

6 Data Breach Risks for Work From Home Employees

Written on May 19, 2020.

Business owners have quite a lot to worry about as more people are working from home and telecommuting than ever before, and will likely continue for some time. Whether the result of COVID-19 stay-at-home regulations or a shift to a more modern workforce, your employees could be...

Factors to Consider When Choosing an Insurance Agent for Your Business

Written on April 29, 2020.

Your business is your baby. You’ve labored hard to bring it into the world, and you don’t want to trust it to just anyone, especially when it comes to someone as important as your insurance agent. It’s essential to take the time to choose your business insurance agent carefully and with...

How Often Should I Review My Insurance Policies?

Written on April 20, 2020.

Your insurance coverage is important. You want to make sure you have the right protection and the right policies to meet your needs today. Of course, your needs are likely to change over time. That is why it’s essential to review your insurance policies. The policy you purchase in your...

Planning For The New Year? 7 Reasons Why You Need an Independent Insurance Agent

Written on November 25, 2019.

Shopping for insurance can be overwhelming, complicated, and confusing. Not only do you want to save as much money as you can on your personal insurance or business insurance policy, but you also want to ensure you’re getting the optimal coverage you, your family, or your...

Why Work With an Independent Insurance Agent?

Written on May 30, 2019.

You’ve probably been told or have read that it is best to work with an independent insurance agent. But what you may not have been told is why. There are many reasons why working with an independent agent is better than working with an agent tied to a single company. Independent Agents...