Business Insurance

14
Jun

Protecting Your Firm as an Additional Insured

Protecting Your Firm as an Additional Insured IN THE course of doing business, you may sometimes find yourself entering into contracts requiring that your firm be named as an additional insured on another party’s insurance policies. This is often done to make sure that your own insurance is not depleted by defense and indemnification costs for losses for which you

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26
Apr

Understanding Your Insurance Policy Exclusions

Understanding Your Insurance Policy Exclusions You’ve no doubt been overwhelmed by the amount of fine print that your insurance policy has. The main reason for the fine print is to lay out in detail what the insurance company will cover in case of a claim and what it won’t. It’s important that you go through this with your insurance agent

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2
Apr

Why Your Business Needs a Commercial Umbrella Liability Policy

Why Your Business Needs a Commercial Umbrella Liability Policy If you own a business or commercial property and do not have a commercial umbrella liability policy, consider how easily you could absorb events like these: You own an apartment building with a porch that does not have railings. One of your tenants falls from it. Recovery from her injuries requires

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29
Jan

What is Workers Compensation Insurance?

What Is Workers Compensation Insurance? Workers compensation insurance provides coverage for medical benefits and wage replacement when an employee is injured or killed on the job. When an injured employee accepts workers’ compensation payments, he or she legally gives up the right to sue the employer later for damages or negligence. This is commonly known as the compensation bargain, and

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12
Dec

Seven Tips to Get the Most from Your Business Insurance

Seven Tips to Get the Most from Your Business Insurance One Sunday in May 2011, a massive tornado tore through Joplin, Missouri. With winds surpassing 200 miles per hour, it killed 161 people, injured 1,150 more, destroyed approximately 2,000 buildings, and caused $2.8 billion in property damage. Insurance companies paid $2.2 billion to affected homeowners and businesses. The business owners

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28
Nov

Limiting Business Liability During Holidays

Keeping it Safe, and Limiting Business Liability During Holidays Since the holiday season or your party is only once a year, it’s easy to overlook safety even though you already incorporate it into the other aspects of your operations. While you obviously want your staff to relax and have fun at your holiday party, you also want to make sure

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18
Oct

Does Contractor General Liability Insurance Cover Faulty Work?

Does Contractor General Liability Insurance Cover Faulty Work? Damaged property is the typical result when there are construction accidents. Faulty wires scorch the walls, collisions damage equipment and the list goes on. If anything bad happens, contractors must look at their Contractor General Liability Insurance policies to see what is covered.  The policy will typically cover the replacement or repair of

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