If You Blog, You May Need Professional Liability Insurance
Posted: October 19, 2022
If You Blog, You May Need Professional Liability InsuranceEvery business is advised to have a blog, but does this come with risks? Surprisingly, yes. A blog may mention a specific company, competitor, or include claims regarding results, and under the right conditions, could lead to a lawsuit. Companies that make promises about what they can achieve can be at high risk. What if the advice is taken, with no result, or a bad...
How Will Inflation Impact My Coverage?
Posted: October 13, 2022
How Will Inflation Impact My Coverage?Inflation – no one loves it. When it hits a business, it affects the cost of goods, particularly for any business that manufactures products, and can have an impact on the cost of business insurance. The types of policies that may increase in price due to inflation include: Commercial property insurance: The construction industry is suffering growing pains, exacerbated by the radical increase in the...
Gone Phishing: Four Ways to Stay Off the Hook
Posted: September 28, 2022
Gone Phishing: Four Ways to Stay Off the HookCyberattacks on large corporations often make frontpage news – like the one that hit LinkedIn in June 2021, posting more than 90% of its user accounts on a dark web forum and putting their data up for sale. But you don’t have to be the world’s largest online network for professionals or a Fortune 500 company to be at risk of cyberattacks. According to cybersecurity...
How Should I Budget for Business Insurance?
Posted: September 4, 2022
How Should I Budget for Business Insurance?Your business insurance should cover every possible risk for your operation. It may surprise you that as a basic calculation, the entire range of business insurances, including commercial liability, commercial property insurance, health insurance for employees, workers’ compensation, and other insurances should be budgeted at about 20 to 30 percent of expected gross sales. Smaller businesses can expect to budget far less. Every industry, and...
How Small Businesses Can Avoid Insurance Mistakes
Posted: August 19, 2022
How Small Businesses Can Avoid Insurance MistakesIt takes hard work, dedication, creativity, and tenacity to get a small business up and running successfully, so it makes sense to have the right insurance coverage in place to protect it. In fact, purchasing business insurance may be one of the most important decisions you make. The right coverage can help prevent unforeseen events from ruining all you have worked so hard to build....
