Tag: Restaurant Insurance Broker

Top 10 Insurance Claims for Businesses

Top 10 Insurance Claims for Small Businesses Small-business owners hope they never have to file a claim, but research by financial services giant The Hartford reveals that 40 percent of small businesses file a claim within a ten-year period. Where is your business most at risk? What insurance coverage should you invest in to protect your company? The Hartford analyzed claims data and discovered the...

How to Spot Phishing Attacks

Gone Phishing: Don't Take the Bait The 2019 Verizon Data Breach Investigation Report indicates that one third of cyberattacks involve phishing traps. These scams involve imitating a reputable source to induce staff to reveal sensitive information. As companies increase awareness of these cons, cyber criminals increase their efforts, making tactics more sophisticated. How can you protect your company? First, educate yourself and staff about current...

How Telematics is Transforming Insurance

How Telematics is Transforming Insurance Technology is transforming every aspect of our lives, and insurance is no exception. Insurance carriers are tapping into automotive telematics to guide insurance premiums. What is telematics? This is a form of communications technology that can be used for monitoring a vehicle to determine driving behaviors. Using a combination of GPS, Bluetooth, and mobile devices, insurance companies can review customers'...

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,...

Keeping Your Wifi Network Secure

How to Reduce Your Commercial Property Insurance Costs Owning and operating a commercial property involves myriad expenses. If you're like most property owners, you strive to keep these costs to a minimum. Some are more challenging to shave than others. Fortunately, when it comes to your insurance, you can take several steps to reduce your premium and boost your bottom line. Determine your deductible: If...