Business Insurance: A Complete Guide (2024)

Many people who want to start a small business choose to open a restaurant or bar. After choosing what they will serve and where the location of their new business will be the next item on the agenda should be getting the insurance on the business in order. Restaurants and bars are unique from other types of businesses because many of them serve alcohol unlike any other business which is its own… Continue Reading

Why is teamwork important in a work environment? Collaboration and effective teamwork play a crucial role in driving success and productivity in any business. This article explores the significance of teamwork, emphasizing its impact on innovation, revenue generation, and employee engagement. Discover how fostering inclusiveness and creating a supportive work environment enhances teamwork. Over 80%... Continue Reading

Running a business out of your home is a popular choice in the United States. It is estimated that there are approximately 32 million home based businesses which include people operating their business on a part-time and full-time basis. There are a number of insurance issues that arise from running a business out of home including the business property in the home as well as liability issues. There are other insurance issues… Continue Reading

All businesses are going to need commercial insurance of one type or another. Whether it's to cover their liability, their property, or life insurance, having the proper insurance and coverage limits is vital to running an effective company and protecting the business owners assets and interests. There are several lines of commercial insurance policies in order to cover all types of business activity. Continue Reading

A Commercial General Liability policy protects a business against financial loss if it is held legally liable for third parties who suffered bodily injury and/or property damage due to the business’s operations, employees, products, or location. Every business needs to have this coverage in order to protect the company’s assets in the event of a large claim. Some businesses are required to have this coverage by the state in which they operate,… Continue Reading

A professional liability policy is a type of insurance policy which provides coverage if a professional provides a service or advice to a client which the client feels didn’t meet what they were led to expect or if the professional makes a mistake that others in their profession wouldn’t ordinarily make. These are also called errors and omissions (E&O) policies because the professional that is covered by the policy either made a… Continue Reading

Landlord insurance is a type of personal lines insurance policy that people who own rental homes need to purchase in order to insure them. The policies provide coverage in case the home is damaged in a number of different ways such as by fire, hail, water, vandalism, and more. The policies also provide other coverages such as liability and loss of rents if the home can not be lived in for a… Continue Reading

With more than 400,000 beauty salons, barber shops, and spas being run as small businesses across the United States, these types of businesses are a popular choice for entrepreneurs. Having the right commercial insurance policies in place is a very important part of running any type of business and these are no exception. In addition to property coverage, general liability, workers compensation, and business interruption insurance these types of businesses also need… Continue Reading

There’s a large group of people who make their living as a photographer, videographer, or even both. Some operate as a sole proprietorship while others expand their business and hire additional people. Additionally, there are some that work out of their home and provide their services at other venues such as weddings or making videos for other businesses. Others own a studio where the photography takes place and might or might not… Continue Reading

Whether your business is a maid service, janitorial, or carpet cleaning, having the right insurance will protect it from costly lawsuits if something goes wrong. There are certain insurance policies that every business needs, these types of businesses included. The two main policies are general liability insurance and property insurance which can be purchased separately or packaged together in a policy called a business owners policy. As these types of businesses have… Continue Reading