Professional Liability Insurance General liability insurance is typically the first insurance coverage a business seeks. It provides coverage for any third-party injury, property damage, and the ensuing lawsuits that may occur due to these incidents. Common liability insurance policies help pay for third-party bodily injury claims, property damage claims, completed products claims, faulty workmanship claims, […]
Workers’ Compensation covers your business and employees in the case that an accident should happen on the job. It also covers the costs associated with work-related illnesses. Workman’s Comp claims can be detrimental to a business. Having a policy that fits your business is important for both you and your employees. Typically, workers’ comp will […]
When insurance companies calculate the amount they will pay out for a loss, they typically choose between the replacement cost or the actual cash value. The replacement cost tends to be more favorable to the client since it guarantees the insured a payout equivalent to a new replacement. On the other hand, the actual cash […]
Over 6 years ago Super Storm Sandy hit along the East Coast of the US causing damages totaling over $70 billion. The storm was also responsible for killing more than 280 people. Major US cities experienced flooding, structural damage, and power outages which they were ill prepared for. Businesses felt a huge impact, especially those […]
Are you performing daily business out of a rented space? Whether it is a warehouse, office, garage, or factory, you need business renters insurance. Other business insurance policies you have may not cover rented property. The coverage of your rental insurance should be unique to your business and the area you are in. Make sure […]
Apple has recalled a series of MacBook Pro laptops due to batteries that have posed a fire risk. Fifteen-inch MacBook Pros sold between September 2015 and February 2017 were recalled this June. The U.S. Federal Aviation Administration issued a statement saying they are “aware of the recalled batteries that are used in some Apple MacBook […]
Google reached a settlement with 227 people after being accused of age discrimination. The class action lawsuit claimed that Google discriminated against older people applying for jobs. The payout averaged to about $35,000 per person. Part of the agreement requires Alphabet Inc. (Google’s parent company) to enforce training on age bias for all of their […]
Many business owners are unsure of the differences between personal and commercial auto insurance. Some business vehicles are required to have commercial policies while others can benefit from a commercial policy more so than a personal policy. The increase in on-demand car services and delivery drivers draws larger uncertainties between the necessity and benefits of […]
Keep these tips in mind when filing a claim with your insurance agency for your business. Hurricane Nate caused possible effects such as floods, wildfires, and windstorms across the Gulf Coast, Texas, Florida, US Virgin Islands, Puerto Rico and more. This resulted in many people needing to file claims and insurance agents were the first […]
New Hampshire has just passed a bill that will help workplace safety for New Hampshire’s public sector employees. The bill requires injuries that have occurred at school districts, state agencies, and other public entities, to be reported within 24 hours of the incident. If a death occurs, that must be reported within eight hours. All […]