Unfortunately, home-based business insurance is often neglected. Numerous people own their own homes and expect that their home insurance will cover their home-based businesses. Sadly, this may not be the case. Of course, Operating a business from home has various benefits. But this won’t mean that the venture is risk-free. Like any other traditional business,… Read more »
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Why Higher Liability Limits Are Better Than Lower?
Some risks cannot be measured, and the only apt strategy is to be prepared all the same. When talking about business liability, even a simple slip and fall on the premises can cost you a lot. Business liability insurance can save you from these financial risks, but then again, just how much liability premium is… Read more »
Small Business Insurance Is About More Than Damage Management
In 2017, about 75% of businesses in the US didn’t have adequate insurance coverage, and about 40% of small business owners didn’t care to get any insurance at all. This was, of course, dangerous. In essence, most of these small businesses could have shut shop if legal issues arose. In fact, in some states, operating without some… Read more »
What Landlords Must Know About ‘Discrimination Claims’
Being a landlord is not easy! Besides ensuring tenants are available and that they pay the rent on time and that the property is well taken care of, the landlord needs to safeguard his/her interests against diverse threats. If you are a landlord who has little or no idea about tenant discrimination claims, this is… Read more »
Why Food Trucks Must Have Insurance On The Menu
The pandemic has hit every industry, more or less. But the maximum damage was probably suffered by the restaurant and hospitality sector, including food trucks. With most of their customers, i.e., the regular officegoers and commuters, absent on the roads, they suffered a massive drop in their clientele. Almost half of the $985 million sector seemed… Read more »
What Digital Small Business Should Consider For Insurance
The digital-driven market is ever-expanding and will continue to do so. It will not be wrong to say that the pandemic would have had devastating effects on the human psyche, if not for the internet. Digital kept many business operations going during the lockdown phase. Ecommerce companies and digital content platforms also experienced a surge in consumption… Read more »
Can Insurance Help Small Businesses Grow?
“Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller, industrialist and philanthropist Are you the owner of a small business? Do you have insurance? If your answer is no, then you must ask yourself, “Why not?”. There are many benefits to insuring your company. But perhaps the… Read more »
Insurance Has An Unexpected Seat At The Thanksgiving Table
We don’t mean to spread doom and gloom but the way 2020 has gone, it’s a good idea to be prepared at all times. No one expects an amazing occasion like Thanksgiving to end in disaster, but it happens. From rash driving to accidental fires, the festive occasion can turn gloomy, if one is not… Read more »
Winter Is Coming – Is Your Insurance In Place?
Winter storms caused insured losses of $2.1 billion in 2019 as against $3 billion in 2018. One out of 15 homes raises a claim every year in these colder months. Winter damages, snowfall, and blizzards are a major factor in insurance calculations each year. For small businesses and individuals alike, indirect damages due to extremes of climatic conditions,… Read more »
What Auto Repair Shops Must Know About Insurance
The more vehicles that are registered, the more demand there will be for maintenance and repair services. But as an auto repair shop owner, one must be aware of the risks to overcome the challenges effectively. The auto-servicing industry is subject to several risks. From property damages (in this case, the vehicles) to liability risks,… Read more »