Running a business comes with its own set of risks, and having the right insurance coverage is crucial to protect your venture. One comprehensive solution for business owners is a Business Owners Policy (BOP). Let’s explore the types of insurance necessary for running a business and how a BOP can
If you own a business, you need to ensure you have the right business insurance. What is right for your company, general liability, or professional liability insurance? It could not be more critical to select the correct type of business insurance for the activities of your company. For many types
A side gig is a great way to earn extra cash. It is an opportunity to branch out on your own, and it could even grow into a full-time business that allows you to “quit your day job.” One thing to keep in mind while running a side hustle is
If you established a limited liability company (LLC), you chose that type of entity for the protection it provides to your personal assets, along with the tax benefits. Unfortunately, even an LLC cannot entirely protect you from some risks. While your personal assets are generally protected, in certain situations, you
You already have business insurance, but have you overlooked a situation that could put your business at risk? We offer a list of the most overlooked types of business insurance, as well as a brief explanation of each type. Employment Practices Liability Insurance (EPLI): This insurance protects against claims filed
Every business should have liability insurance – but what policy limits are right for your company? A lease or contract may require liability insurance with a specific limit. For guidance, it is advised that you speak to an experienced insurance agent. Many business owners should have higher limits than the
All businesses, large and small, face the risk of liability. Professional liability insurance and general liability insurance both provide protection for your business. The main difference between these two types of insurance is the different risks they cover. What Is Professional Liability Insurance? Also known as errors and omissions (E&O)
Surety bonds are a useful service, but not the same thing as professional liability insurance, also known as errors and omissions (E&O) insurance. You may need both surety bonds and professional liability insurance to safeguard your business. What Are Surety Bonds? A surety bond is a contract between three or
The minute you start a business, you are exposed to certain risks. The importance of having the right business insurance cannot be overstated. Our knowledgeable agency can help you fully assess your business insurance needs and find the right coverage at the best available rates. Types of Business Insurance Businesses
There are numerous types of insurance policies available for business owners to help protect against almost any possible situation. Here is a list of the top 5 essential business insurance plans you need to keep your new enterprise protected: General Liability Insurance This type of business insurance protects your new
