5 Labor Day Lessons on Securing Your Business
Posted: September 4, 2023
The long Labor Day weekend is a time for backyard barbeques and celebrating the holiday with family and friends. It is also an excellent time to review your coverage and ensure you have the following five main types of insurance to help protect your business. Business Owner’s Policy (BOP) Business Owner’s Policies (BOPs) are among the most popular insurance bundles for small business owners. They...
4 Fire Prevention Tips for Your Business
Posted: September 1, 2023
Reducing the risk of a fire at your business is one of the most important things you can do to help protect your customers, employees and property. The U.S. Fire Administration reports that more than 116,500 nonresidential building fires occurred in 2021. Those fires caused 1,025 injuries and almost $3.7 billion in damages.The Unseen Costs For business owners, these damages can be more costly than...
Errors and Omissions Insurance: What Is Covered?
Posted: August 19, 2023
Errors and omissions (E&O) insurance is a type of professional liability insurance. It is designed to protect professionals, including companies and workers, against claims of negligent actions or inadequate work brought by clients. Companies that provide services to customers for fees often purchase E&O insurance. What Does Errors and Omissions Insurance Cover? Generally, E&O insurance covers actions of professionals providing a service, including: Errors, mistakes,...
6 Reasons to Get Business Insurance Now
Posted: August 4, 2023
If you are wondering when the best time is to get business insurance, the answer is now. The protection it can provide is essential for your business, and some types of coverage may be required by law. The following are six reasons to purchase a business insurance policy now: Some Business Insurance Is Required by State Law Most states require small businesses to carry some...
How to Adjust Your Insurance Coverage for Remote Employees
Posted: July 19, 2023
After the global pandemic, more people are working remotely than ever before. While working from home during the lockdown, many employees became accustomed to the benefits, including greater work-life balance. Managers also became aware of the advantages to companies of having employees work remotely. Moving forward, it is critical to update business insurance coverage to suit the new operating basis. Why Should Business Insurance Be...