As climate change escalates, natural disasters become more frequent and unpredictable. One minute your commercial property is flourishing, and the next, it might be devastated by a flood, earthquake, or hurricane. This raises an important question: does your commercial property insurance cover natural disasters? Let’s delve into this topic and provide some clarity. Natural Disasters Read More
As a small business owner, you have a lot on your plate. You are responsible for managing your employees, dealing with customers, and keeping your business running smoothly. Unfortunately, accidents and unexpected events can happen at any time, which is why it is essential to have insurance coverage. In this article, we will discuss some Read More
Most independent contractors think general liability insurance is not mandatory for them, as they don’t work regularly and their business is small. However, despite the size of the company, things can go wrong. For example, your employee may damage someone’s property, or your business could be sued for slander/libel. In such circumstances, you will be Read More
Operating a business can be stressful at times. You have multiple goals that you’re trying to reach, such as maximizing profits while also minimizing risks and taking care of your employees. Minimizing risks can be tricky. Most businesses are at risk of being sued at any moment. Perhaps an issue arises in the workplace, or Read More
It is important, both as an employer and an employee, to understand what a workers’ compensation insurance is and how it can benefit you if an employee gets hurt on the job. Let’s take a look at the most frequently asked questions related to workers’ comp insurance. What is workers’ compensation insurance? Workers’ compensation insurance Read More
Running a business involves paying close attention to details, which many startups fail to do. Countless companies disappear after the first year because they didn’t take the time to set up the right protections to keep the firm from collapsing overnight. Here’s a look at typical business insurance mistakes that can result in significant losses Read More
There’s a direct relationship between your business’ cyber insurance costs and level of IT/data security. During the COVID-19 pandemic, these costs have risen sharply due to the unprecedented increase in cyber-attacks. You can lower your cyber insurance premiums by implementing specific risk mitigation strategies. Keep reading to learn more. Financial Losses Due to the Lack Read More
Some jobs involve driving company vehicles, while others allow workers to drive their own vehicles for work-related tasks. Is it possible to use a car provided by your employer for both business and personal needs? Yes, but you will have to provide your own coverage for your personal use. In that scenario, here’s a look Read More
COVID-19 has changed the way businesses operate, possibly forever. As things have begun to return to some level of normalcy, several companies are slowly resuming their operations. This article looks at the possible impact of COVID-19 vaccines on the workforce, specifically in terms of the available workers’ compensation coverage. Many businesses are putting policies in Read More
What is Commercial Property Insurance? Commercial property insurance provides coverage for risks related to owning or leasing a property. It can extend to cover property losses that may result from theft, robbery, vandalism, damages/destruction, as well as the cost of repairing your buildings. Do You Need Commercial Property Insurance? Yes, you’re better off insuring your Read More