Insurance for the Company Holiday Party

Employees enjoying champagne at a company holiday partyThe holiday season is officially upon us. Many employers throw end-of-year parties to thank employees for all their work and dedicate time to celebrating the holidays together as a team. Whether your company has decided to throw a big bash offsite or a small low-key gathering in the office, the most important thing is that the get-together is safe, merry, and doesn’t put your business—or the people who work for you—at risk. Let’s go over the insurance matters you need to consider when planning your company holiday party.  [Read more…]

Why Your Cleaning Business Needs Insurance

Cleaning Business Employees Cleaning a KitchenMopping floors, dusting shelves, and scrubbing toilets. These are just some of the common chores that practically every home and commercial building regularly needs done, which is partially why cleaning companies have the potential to be so lucrative. But there are insurance risks and liabilities involved if any of this “dirty work” goes wrong, and without the right insurance, they could clean out your personal pockets. Before you get into a big mess of lawsuits, here’s what you need to know about insuring your cleaning business so you can focus on making a living by getting others’ spaces to sparkle.  [Read more…]

Before You Get BOP Insurance: Taking a Business Inventory

Businessman taking a business inventory in a warehouse.Once a business goes from ideas on paper to business cards or from hobby to storefront, it’s time to invest in a BOP – Business Owners Policy. And one of the most important parts of that coverage? Insuring your business’s property. Furnishings, computers, and specialized equipment can all add up, and a disaster such as fire, theft, or flood can end your business without coverage. And one of the most important parts of getting the right BOP is taking a business inventory. [Read more…]

Commercial Vehicle Insurance: Protect Your Business

Commercial Vehicle Insurance: Protect Your Business As a business owner, you need some type of insurance coverage for vehicles that your employees will use while on the job: company owned, leased, or even personal vehicles. Jobs that require company vehicles, i.e., sales, are categorized among the most dangerous in the country. They are ranked 7th in the list of the top 10 most dangerous occupations in a 2016 Census of Fatal Occupational Injuries by the US Bureau of Labor Report. Your business owner’s policy (BOP) does not provide any coverage for vehicles, so it’s vital you have a separate policy.
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Why Should a Business Protect Against Contractual Liability?

Business contract detailsOne heading in your general liability policy is Contractual Liability. Like all of the sections in your Business Owner’s Policy (BOP), it’s important to understand the purpose of this liability insurance, and why your company needs it. Contractual liability is when one party assumes liability on behalf of another through a contract between them. This coverage is supplied in most general liability policies. It can save you thousands of dollars in court fees if you know how this coverage works, as well as how to protect against contractual liability when it occurs. [Read more…]

Preventing Employee Theft in the Workplace

Employee theft is a lot more prevalent than one might believe. [Read more…]