If you drive for business, either your own or the one where you are employed, then you are the business’s representative behind the wheel. As a result, any accidents or other driving hazards that occur might not only reflect on you, but also the business. That is why most businesses and sole proprietors must carry …
Continue reading “What Types of Cars Need Commercial Auto Insurance?”
When looking to start a business that includes travel or transportation, you may often hear the term “commercial auto” or “commercial vehicle.” Both refer to vehicles specifically used for work purposes. These are generally not personal vehicles, but trucks and such that are used for specific work. Types of Commercial Vehicles There are many different …
No matter what vehicle you drive, auto insurance is required in order to operate legally on the road. But there are many different policies to choose from, and not all of them are right for you. Personal auto insurance is the most common type of auto insurance that every driver operating a personal vehicle carries. …
When running a business, operating margins are one of the most critical factors that determine your financial performance. Although insurance is usually inexpensive, many business owners make the mistake of assuming that they can go without coverage in an effort to reduce costs. After all, insurance can seem like just another bill that reduces your …
Continue reading “The Dangers of Going Without Liability Insurance”
Builders risk insurance covers materials, fixtures, and equipment slated for use in the construction or renovation of a building. If any of the items become damaged or unusable, the insurance covers the expense of the loss. The specifics of this type of policy depends on the insurance company that offers the policy. But here’s an …
Professionals have advanced skills and knowledge that are lacking in non-professionals. However, their years of training do not guarantee that human errors will not happen. They are legally responsible for any harm that comes to their clients. It is recommended that all types of professionals consider getting professional liability coverage. Mental Health Professionals Mental health …
Continue reading “Who Needs Professional Liability Insurance?”
Liability insurance means what it implies. It is coverage when a person and/or business is legally liable for some action or activity. It also provides coverage when liability may or may not exist but some third party is asserting a claim. When consumers think about liability insurance, they normally consider it part and parcel of …
Continue reading “The Importance Of General Liability Insurance”
When you open your first business, you have a laundry list of things to do. You probably think about renting office space or buying equipment. You also need specific insurance policies to protect your business. The most common policy is the Business Owner Policy. The business owner policy provides a package of insurance including the …
Continue reading “Save Your Business Money with a Business Owner’s Policy”
It is extremely important to have builders risk insurance for any construction project, but it is complicated and often confusing. This type of insurance does not have any standardized policy forms and coverage can vary widely between insurers and projects. This article will discuss builders risk coverage and important things to consider before deciding on …
General Liability Insurance: This is an insurance policy for businesses who need to protect their assets against various legal claims. This type of policy is often bundled with property insurance in a business owner’s policy, or BOP. However, self-employed independent contractors will often obtain this policy separately from property insurance. This coverage will protect the …
