If you own or operate a business or have attended a private or public event or activity, you may have encountered a liability waiver or release agreement. A common practice that many business owners and service providers often rely upon is the use of liability waivers. Find out what these waivers actually mean.
Read MoreThe comfort of your employees is important, but so is their safety. With the colder weather , many employees utilize portable space heaters to help warm their areas and stay productive. However, when not used properly, these appliances can greatly increase the risk of a fire in the workplace.
Read MoreThe holidays often mean increased sales, new inventory and more customers. This time of year can also bring greater risks, from losses due to employee theft, to accidents caused by overstocked shelves. Taking steps to prepare well before the holiday season begins can help avoid these common problems.
Read MoreWhile remote work may offer benefits to both the employee and employer, there are potential cybersecurity risks when employees work from locations outside of the office. To help minimize these risks, consider taking these precautions.
Read MoreAccording to a Ponemon Institute study, 57% of consumers who received a breach notification letter said they lost trust and confidence in that business, while 31% ended their relationship. Few businesses and organizations can afford that kind of damage. So don’t wait for the worst to happen. Take action now.
Read MoreThe market for commercial property insurance continues to be challenging. Several factors contributing to the increase in premium include : Catastrophic losses, underinsurance, replacement cost, and more. Learn what these mean and more.
An Individual Named Insured Endorsement protects individuals or sole proprietors who have vehicles they use for personal or non-business use listed on their commercial auto insurance policy. It can also protect your spouse or relatives who live with you if they are driving a vehicle that you don't own.
Read MoreSmall business hazard insurance protects your property from damages caused by events like fire, theft, and vandalism .The U.S. Small Business Administration requires small businesses to have hazard insurance when getting an SBA loan. This coverage helps protect both the business's assets and the SBA's investment.
Read MoreWithout complete insurance coverage, any business could be wiped out by a single disaster or lawsuit. While starting out with a business owner’s policy or commercial package policy is a good first step of coverage, it is only that — the first step.
Read MoreCommercial property insurance helps protect your business from property damage due to perils like fire, theft, vandalism, and more. Understanding this vital coverage can help you make smarter decisions about what insurance you buy and how much coverage you choose.
Read MoreWhile for certain businesses it might make sense to have seasonal business insurance, only paying for the months in business, stopping and starting can leave you exposed to gaps in coverage and can cost more than having all-year coverage, which is most often your best bet.
Read MoreBlanket insurance is a type of insurance coverage that allows you to cover multiple buildings and/or specialized personal property under one big limit. This is different from standard insurance, where each building or specialized personal property is listed separately with specific limits that only apply to that one category.
Read MoreWhen you need equipment, you review your anticipated work volumes and your fleet management to determine equipment needs. Then it comes down to this: Should I rent, lease, buy, borrow or refurbish? The choice can have a long-lasting impact on your business.
Read MoreCybercriminals can use AI to enhance their ability to penetrate secure networks and cause financial and reputational harm to small businesses. As a small business owner, understanding the potential issues and how to protect your company could prevent some serious issues from ever occurring.
Read MoreAs a business owner, you’re likely juggling multiple responsibilities—managing your business, handling finances, and planning for the future. While life insurance may not be at the top of your to-do list, it’s a critical aspect of securing your business and personal life.
Read MoreWhen determining commercial property value, you should be prepared to take into account the difference between real property and business personal property. Real property is land and the permanent things on it. Business personal property is all other property that’s not classified as real property.
Read MoreFiguring out if you need commercial or personal auto insurance can be confusing, especially if you use your vehicle for business and personal errands. We can help you understand the differences between commercial and personal insurance so you can find the best option for your business.
Read MoreNatural disasters are part of life. While some places are more likely to experience disasters than others, you’re never completely free from the threat of one occurring. Property damaged in a storm can be repaired or rebuilt. But a natural disaster can knock a small business out of commission for days, weeks, or worse.
Read MoreVicarious liability is a business's responsibility for the actions of its employees, agents, or contractors. Essentially, it holds business owners liable for someone else's mistakes, even if they were not directly involved. Vicarious liability insurance covers legal fees and damages if someone sues your business because of an employee's errors or negligence.
Read MoreWorkers' compensation insurance is usually required by state law for businesses with employees. Self-employed individuals and independent contractors don't typically need workers' compensation insurance for themselves. However, coverage might be required to meet industry regulations and fulfill client contracts.
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