• These 5 TV Episodes Prove You Need Business Insurance

    There are so many reasons why a business should invest in business insurance, but they can all seem abstract and far off if you haven’t had any major office incidents. To help you visualize what could happen to your business, we’ve turned to different television genres, ranging from comedies to dramas, for some great examples of why you need business insurance. (If you haven’t watched the episodes mentioned, there may be spoilers ahead, so beware!) “The Funcooker” – 30 Rock In “The Funcooker,” a...
  • 3 Different Types of Small Business Insurance

    Although there are many types of business insurance policies, if you want to simplify them, they can be grouped into three categories: liability, property, and employee insurance. All three types are important ways that you can protect your business. Liability Perhaps the most important type of insurance for your business is liability insurance. Product liability insurance protects you in case a consumer is injured in some way by the product or service that you provide. If you make office chairs, one could be defective,...
  • Small Business Insurance: An Overview

    Business insurance is a type of coverage that provides financial protection against unexpected events that could cost your company money. Most businesses are required to hold a basic insurance policy by law. Business insurance works just like a homeowners or auto insurance policy. Your potential business insurance company assesses your risk and assigns you a premium. When you sign the policy, you pay your premium, and then you have a deductible on top of that. Business insurance plans can cover everything from property damage...
  • 5 Important Questions You Should Ask Before Buying Business Insurance

    Buying business insurance can be a tricky maze to navigate for those of us without direct knowledge of the industry. However, having the right insurance is becoming increasingly important. Here, we consider the five questions you absolutely must ask your business insurance company before purchasing any insurance policy for your business How Much Insurance Do I Need? You may think car insurance is unnecessary if you don’t have a company car, but do you ever use your personal car for business-related tasks? If you...
  • Investing in Business Insurance

    There are many risks involved in business that can make or break a company. Luckily, by finding the right business insurance, you can limit those risks and conduct operations as usual. Insurance protects your assets. Don’t fret, though! Purchasing business insurance is an easy process once you learn and have determined the type of insurance you need. Step One: Assess your Risks The first step is one of the most important as insurance companies will determine the level of risk prior to issuing policies....
  • Small Business Insurance: 4 Things You Need to Know

    If you have a small business, you need to know about small business insurance. Maybe you have purchased protection, maybe you haven’t yet. Although every type of business has different types of risks or needs, there are some common considerations. Before you buy, here are four things you should know about small business insurance. Business Insurance Protects You No matter how smoothly you run your company, there’s always a chance that something can go wrong. The building could catch on fire, an employee could...
  • Business Insurance: Why It’s Worth the Cost

    Business insurance provides many benefits that impact both human and financial capital of a business. It is recommended for all types of businesses including high-tech and low-tech businesses as well as consumer-oriented and service-oriented businesses. Business insurance has many effects on company personnel and performance. Most states in the U.S. require firms to have some form of business insurance, but it can also provide protection that could make or break your business! Benefits of Business Insurance Insurance Protection against Consumer Lawsuits and Liabilities In...