Watching your business prosper and grow can make all your hard work seem worthwhile. As you enjoy your success, it is important to be aware that as your business grows, risk management considerations increase accordingly. You may need to revise your business insurance because of expansion or any of various
The long Labor Day weekend is a time for backyard barbeques and celebrating the holiday with family and friends. It is also an excellent time to review your coverage and ensure you have the following five main types of insurance to help protect your business. Business Owner’s Policy (BOP) Business
Errors and omissions (E&O) insurance is a type of professional liability insurance. It is designed to protect professionals, including companies and workers, against claims of negligent actions or inadequate work brought by clients. Companies that provide services to customers for fees often purchase E&O insurance. What Does Errors and Omissions
If you are wondering when the best time is to get business insurance, the answer is now. The protection it can provide is essential for your business, and some types of coverage may be required by law. The following are six reasons to purchase a business insurance policy now: Some
After the global pandemic, more people are working remotely than ever before. While working from home during the lockdown, many employees became accustomed to the benefits, including greater work-life balance. Managers also became aware of the advantages to companies of having employees work remotely. Moving forward, it is critical to
Small to medium-sized businesses store sensitive personal information for their clients, customers, and employees. They may be more vulnerable to cyber attacks than larger companies with more highly developed security infrastructures. A cyber attack can disrupt the continuity of your business and lead to a costly recovery process. Your business
If you own a limited liability company (LLC), small business insurance could help protect you from a variety of liability claims, such as property damage or bodily injury caused by your products, business, or employees. If you encounter any of these issues without the right insurance, you will bear the
If you are starting a new business, a vital action is to ensure you purchase business insurance that suits your enterprise. Having proper coverage for your business could protect your personal assets from liability associated with business debts and keep your business afloat when unexpected situations arise. The types of
For motor vehicles that are used in business, it is vital to ensure you have commercial vehicle insurance coverage. Personal auto insurance policies are not designed for vehicles that are used for business activities and will refuse to pay for accidents if a vehicle was engaged in business activities. When
If you are opening a small business, you are at the beginning of an adventure that is both rewarding and stressful. In the first stage of opening a small business, putting business insurance in place is a wise decision. Business insurance can protect your business assets, so you are protected
