Why You Need to Classify Employees Properly
Let’s look at why you need to classify employees properly for proper coverage. Your business’s workers compensation policy often will have several class codes listed... Continue reading→
Does your business need pollution insurance?
Does your business need pollution insurance? First, consider what is commonly referred to as a pollutant: any concentration of materials that can cause contamination to... Continue reading→
Cyber Crime is On The Rise – What Can You Do?
Most everyone is aware of the threat of cyber crime in our society; particularly, we often hear about credit card fraud and data breaches originating... Continue reading→
How to Determine the Value of Your Building
Let’s look at how to determine the value of your building. Most appraisals are given at “market value,” which is not the same as replacement... Continue reading→
Ordinance and Law Insurance: the Surprise Costs of Building Code Grandfathering
If you own a commercial building, you might not know how much ordinance and law insurance you need. In fact, many owners don’t have this... Continue reading→
Worker’s Compensation When Traveling Out of State
Let’s look at worker’s compensation when traveling out of state. If you or others in your company travel out of state on business (whether by... Continue reading→
System Outages Are You Prepared?
Don’t assume your property insurance covers equipment breakdown and system outages. Equipment breakdown coverage is not always standard on your commercial package, and a breakdown... Continue reading→
Should You Drop Company Officers from Workers Comp?
Should you drop your company officers from workers comp? In many states, officers of companies can exclude themselves from workers compensation insurance coverage, but is... Continue reading→
Do You Need Fiduciary Liability Insurance
Do you need Fiduciary Liability Insurance? If you personally handle assets, administer benefits plans, sign checks, or send members of your organization to other firms... Continue reading→
Nonprofit Boards Can Get Sued
Directors of a nonprofit organization are no less vulnerable to lawsuits than directors on public and private company boards. These board members give their time,... Continue reading→
Small Businesses: Sole Proprietorship or LLC?
Business owners often start up quickly as a sole proprietorship and do not consider the implications from having their personal name associated with the business.... Continue reading→
Business Income Coverage
Most commercial packages include some form of business income coverage, but do you know what this term means and what amount of money is enough?... Continue reading→
Changes to Business Operations Need Changes to Commercial Insurance Policies
Change is inevitable in business, but changes to business operations need changes to commercial insurance policies. We live in an entrepreneurial age, and if you... Continue reading→
Commercial Auto Insurance Limits
What are your commercial auto insurance limits? Many companies get commercial auto insurance with $1 million in liability limits and consider their risk covered. But... Continue reading→
Buy-Sell Agreements and Key Life Insurance
Have you ever heard of Key Life Insurance or “Key Man” Insurance? We often hear about life insurance as a personal insurance policy, but what... Continue reading→
Should I be a Sole Proprietorship or LLC?
Are you an LLC or a sole proprietorship? Business owners often start up quickly as a sole proprietorship and do not consider the implications from... Continue reading→
Protect Your Business from Wrongful Employment Practices
Wrongful employment practices include harassment, unfair hiring/firing practices, and discrimination. This is a very broad definition and it leaves the door open for lawsuits from... Continue reading→
Additional Risks from Commercial Lease Agreements
Be careful when signing commercial lease agreements. Additional risks from commercial lease agreements can arise when your insurance doesn’t cover the exposures you agree to... Continue reading→
Work From Home Policies Must Include Insurance
Does your company word from home policy include insurance? A workers compensation claim can be filed regardless of the location where the injury happens. When... Continue reading→
Helping Injured Employees Return to Work
Let’s look at how to help injured employees return to work. Many employers think they have no control over helping an injured employee return to... Continue reading→
Cyber Insurance Isn’t First Line of Defense
Cyber insurance is not protection for your business. It is simply coverage for losses. Let’s look at some things you can do to protect yourself... Continue reading→
Employees Who Use Personal Vehicles for Work
Are employees who use personal vehicles for work covered? Let’s dig deeper and look at some scenarios. If your business doesn’t own any automobiles but... Continue reading→
Factoring Insurance Into Your Business Costs
Get a quote on all your insurance coverages as part of your new business startup plan. We live in an entrepreneurial age. Many smart people... Continue reading→
Will Workers Comp Cover Auto Injuries?
We have been asked the question: will workers comp cover auto injuries. This is a bit of a loaded question as the circumstances surrounding the... Continue reading→
