Browsed by
Category: Business Insurance

Three Basic Liability Coverages For Manufacturers

Three Basic Liability Coverages For Manufacturers

Manufacturers face a number of risks as part of their daily operations. With such risks comes the need for adequate insurance coverage to protect against potential third-party lawsuits. While there are plenty of options available, three basic coverage options should absolutely be part of your policy. General Liability As the name implies, general liability insurance protects you from lawsuits arising from your everyday business activities. A visitor injuring themselves in your factory or damaging their car in your parking lot…

Read More Read More

Customized Protection for Bank’s Environmental Risks

Customized Protection for Bank’s Environmental Risks

While the FDIC requires banks to carry bankers’ environmental risk insurance, that isn’t the only reason to have the policy. Many people don’t associate financial institutions with negative environmental impacts. Unfortunately, banks can take on the liabilities posed by assets they take on making the insurance a must to protect the bank’s financial assets. Credit Risk When a customer invests in a property by taking out a loan, they may not follow through on their commitments when they learn about…

Read More Read More

Two Key Insurance Coverages For Staffing Agencies

Two Key Insurance Coverages For Staffing Agencies

When it comes to business insurance, staffing agencies must not only consider their own activities but for those of their contractors and clients as well. Here are two key liability coverages that you should plan to include in your staffing agency insurance to protect yourself and the stakeholder with which you’re involved. Professional Liability Professional liability can cover you against claims made by your client or the contractor you hired. For example, if the contractor you hired does a poor…

Read More Read More

Protection for All Areas of Your Business

Protection for All Areas of Your Business

Protection for All Areas of Your Business If you own a business, you understand the risks involved with operating in your industry. The right commercial insurance in Florida can help you mitigate those risks and protect you from lawsuits and other claims that can damage your business and your reputation. A Strong Portfolio of Services Protecting your business means figuring out what the risks are and building a policy that mitigates those risks. These dangers could arise from mistakes made…

Read More Read More

How to Read and Understand Your Insurance Policy

How to Read and Understand Your Insurance Policy

In a complicated and changing business market, you may not always have time to contact your insurer to review your New Mexico Business Liability Policy. It is important to be able to read and understand your insurance policy on your own. The first portion of your insurance policy is usually entitled, “Declarations.” It will state general information about your business and about your insurance provider, including how to make contact if a claim arises. It also states the monetary limitations…

Read More Read More

Ways to Lower the Price of Business Insurance

Ways to Lower the Price of Business Insurance

While business insurance is most certainly a necessity, it doesn’t have to be one that that breaks the bank. Learn a few tips for successfully reducing the cost of Virginia business insurance. Look Over Your Current Policy Depending on the last time you reviewed your policy, it might no longer match your current needs, meaning you might qualify for lower premiums. Sit down with your insurance provider and take a close look at everything. Increase the Amount of Your Deductible…

Read More Read More

What to Consider When Choosing an Insurer

What to Consider When Choosing an Insurer

Los Angeles insurance companies, like insurance types themselves, come in all shapes and sizes. Selecting the right coverage is just as much about choosing the right policy as it is the right service. The variety available, from industry heavyweights that offer every type of coverage under the sun, to smaller shops that focus on particular products and sell only a few hundred policies a year, may make it difficult to know which agency is right for you. As with any…

Read More Read More

How Business Owners Assess Risk

How Business Owners Assess Risk

Getting the right business insurance is directly tied to an accurate risk assessment. Company owners need to know the specific types of risks they face in the course of doing business. Some, if not all, of these risks may be covered by general liability insurance in New Mexico, while some may require more specialized coverage. Examining Risk Exposure The first step in assessing risk is by looking at the areas where your business is exposed to possible injuries or property…

Read More Read More

Find A Solution For Your Business Insurance Needs

Find A Solution For Your Business Insurance Needs

Insuring your business is one of the best decisions you can make. You work hard to build and maintain a strong operation, so do not allow room for any factors take away from the business that you establish. For businesses in Henry County, Virginia, there are several coverage packages available for auto, property, and owner’s policy, along with commercial package policy, general liability, and workers’ compensation. There are other options that can be discussed based on specific business needs. Find…

Read More Read More

Virginia Workers Compensation Basics

Virginia Workers Compensation Basics

Are you new to the role of business owner and wondering what the particular stipulations are for workers compensation in Virginia? Here are some of the basics that will help you to comply with workers compensation law. Requirements If you employ more than two full or part-time employees, Virginia law mandates that you as an employer have workers compensation coverage for your employees in case of work-related injury or illness. If you have the type of business that employees subcontractors,…

Read More Read More