Business Insurance
Is Commercial Insurance for E-Commerce Business Necessary?
E-commerce businesses do not have the risks of slip and fall incidents and damage to commercial buildings. Still, they may have to face some risks that offline businesses may rarely have to deal with, including stolen inventory, data breaches, damage to products in transit, etc. Commercial insurance is crucial for them to ensure their business continuity and stability. Types of
Common D&O Risks and Claims You Should Be Aware of
D&O insurance protects the directors and officers of a business or corporation if a lawsuit should ever be filed against them. This type of business policy is beneficial because it protects the company’s financial interests and helps to maintain its integrity. Doing business involves many different types of risks. With D&O insurance, your company is protected in several different ways
Important Commercial Auto Insurance Saving Tips to Consider
Business owners understand that there are multiple rights and responsibilities to follow while operating a business. One of those responsibilities is purchasing insurance. While purchasing insurance is a legal requirement, it also helps protect you in emergency situations. Perhaps you have a fleet of vehicles that you rely on to keep the business functioning properly. Commercial auto insurance provides similar
What Should Real Estate Brokers Know About Vicarious Liability Insurance?
The concept of vicarious liability in real estate is not widely discussed but is important when an individual represents another as a buyer or seller of property. It means a real estate broker or agent can be held responsible for actions when they misrepresent buyers or sellers. Here’s a closer look at what vicarious liability means in the real estate
Debunking Five Common Business Insurance Myths
Business insurance frequently appears more complicated than personal insurance policies. New business owners may find it difficult to comprehend the business insurance market and the available options. Read on to learn about some of the most widespread myths concerning business insurance and the truth behind them. Myth 1: You don’t need business insurance for a small business Your risk exposure should
Does Workers’ Compensation Cover Stress-Related Claims?
Stress and anxiety are common complaints in daily life. We all deal with them to some degree. At times, they can be so overwhelming that they won’t stop even when you leave your job. If it gets to this point, it may begin to cause serious health issues that result in continued medical care. The key is learning how to
Home-Based Business Insurance: Why Do You Need It?
Millions of independent contractors run their businesses out of their homes and depend on their homeowner’s insurance policy to protect their operations. Your home may be secure, but your company’s crucial documents, tools, and processes could not be. You should give home-based company insurance significant thought if you want to secure your operation adequately. Utilizing your house for purposes your
Business Renters Insurance: An Overview
Perhaps you have decided to rent an office space or some materials in order to operate your business more efficiently. There are still risks involved, which is why business renters insurance is recommended. What Is Business Renters Insurance? Business renters insurance is available through purchasing a Business Owners Policy. A BOP merges multiple types of coverage into one policy. The
Guide to Securing the Right Business Insurance in Houston, TX
Starting a business is a significant investment that comes with many risks. One minor mistake, and you could be sued. Commercial insurance is a safety net designed to protect businesses in emergency situations. Here’s a closer look at what commercial insurance entails. Houston, Texas, is one of the largest cities in the United States. The city is home to thousands
Does My Business Insurance Cover Breach of Contract?
Businesses must comply with their state laws on contracts and insurance. Breach of contract can damage a company’s reputation while the company faces heavy fines and other court rulings. That’s why it’s common and wise for firms to get commercial insurance covering general liabilities. This article discusses whether your standard business insurance covers breach of contract or not. What’s a
