Snow is a beautiful thing to look at. However, when you have to go about your daily life with snow and ice, it can become a challenge. Sometimes people slip and fall on icy surfaces. Who is responsible for clearing snow and ice? That usually depends on where the snow and ice are located.
Insurance jargon can be hard to understand, and possibly frustrating when you end up paying more for your insurance policy than you thought you would. Knowing some of the terms your insurance agent may use can definitely help. Here’s the difference between deductibles and self-insured retentions.
Imagine what would happen if someone would trip and break a leg while in your store. Or think what could happen if the heating system your workers installed quit working in the middle of winter. Without business liability insurance, you could be exposed to possible lawsuits, and paying for the damages out of pocket.
A dangerous harbinger for small business owners is that nearly 80 percent of people believe that personal injury attorneys who advertise encourage those who have not truly been injured to sue. Don’t be caught without proper insurance coverage.
Businesses face somewhat different problems than private car owners when it comes to purchasing vehicle insurance. Most car owners know that agents routinely ask the question about how the car will be used. They always want to know if it will be used for business because it adds more risk to the insurer. Business need… Continue reading 5 Tips when Insuring a Business Vehicle
There is a big difference between a commercial auto insurance and a personal auto policy. Do not think that you can use one in lieu of the other. You need a commercial auto insurance if you are driving your car for business pursuits. If you own a business regardless of size, you should buy liability auto coverage. This is a legal requirement that you must comply with, particularly if you have to use a vehicle or several vehicles to carry on your business operations.
By Jacquelyn Connelly, IA Magazine Cyber risk is increasing rapidly for everyone—and not just your commercial lines clients. Although the insurance industry has been slow to respond to cyber exposures in personal lines, companies are beginning to recognize the threat, particularly when it comes to high net-worth insureds who make appealing targets for hackers and… Continue reading 5 Ways High Net-Worth Clients Can Protect Themselves from Cyber Risk