Why is an Insurance Lapse so Bad for Business?

Why Is an Insurance Lapse So Bad for Business? Small-business owners have a lot on their plates. Managing multiple moving parts, wearing many hats, and juggling the responsibilities of work and home can prove challenging. In the midst of all this, something may occur that shouldn’t: a lapse in insurance coverage. Whether the premium payment was overlooked or other circumstances caused the owner to cancel... Read Article

Is Your Business Underinsured?

Are You Underinsured? Most Small Businesses Are A recent Manta and Insureon survey revealed that fewer than 30% of small business owners have basic business insurance. Even fewer, just 6%, have business interruption insurance, and only a rare few (2%) have cyber insurance. This lack of insurance can be a costly mistake. These policies are essential for the proper protection of a company in today’s... Read Article

How To Prevent Water Damage

How Can You Prevent Costly Water Damage? Water issues can lead to extensive structural damage. A minor leak can result in major claims for¬†building repairs. Fortunately, most leaks offer warning signs that building owners can watch for to prevent further damage. To protect your building from leaks, keep an eye out for these red flags: Discoloration: Notice any unsightly stains on your walls? This can... Read Article

Need Business Insurance? Ask These Questions

Need Business Insurance? Ask These Questions First You own a small business. You know you need insurance. But what specific coverage do you need?¬† Before you buy insurance, you must ask yourself several key questions to determine the exact coverage your company requires. The answers to these questions will help guide your conversation with your insurance agent to create the ideal insurance portfolio for your... Read Article

General Liability vs. Professional Liability: The Difference?

General Liability vs. Professional Liability: The Difference? Business professionals bear the burden of responsibility in two distinct arenas: general liability and professional liability. Both types of coverage are necessary to secure sufficient protection for your business. Here’s the difference: General liability offers protection against costs associated with property damage, medical expenses, settlements, and slander. For example, if a customer comes into your store, slips, falls,... Read Article