How to Plan and Move Your Business to a Temporary Location

business meeting business woman Explain analyze the company's sales plan to team leader and business owner by use computer laptop calculator stock maket chart on wood desk in conferance.A recent study conducted by the National Oceanic and Atmospheric Administration, natural disasters used $306 billion in damages worldwide in 2017. These damages often include harm to buildings that harbor businesses like yours. If you’ve been affected, then you’re likely in a situation that requires fast action to find a proper location and get your business back up and running. If you’re attempting to protect your business from a disaster before it strikes, check out our blog, Protect Your Business from Natural Disasters. [Read more…]

Getting Physical with Fitness Center Insurance

Getting Physical with Fitness Center Insurance When running a facility that deals with hefty machinery and members who strive to test their physical limits, it’s no shock that accidents occur. If exercise weights aren’t secure and end up falling on to a customer, your business might find the weight of accident liability falling onto their shoulders. When it comes to situations of liability, learn how fitness center insurance can help, from the smallest yoga studio to the biggest 24-hour gym. [Read more…]

Non-Owned Auto Coverage to Protect Your Employees

man in suit driving his carYour company has employees, and your employees have cars. When they use their cars on behalf of your business and get into an accident, who is liable for the accident? In our blog When Do You Need Commercial Car Insurance? we took a look at some examples where the line becomes blurred and insurance policies revoke their coverage. Today we’ll go over signs that your company needs to provide insurance for your employees, and how a non-owned auto coverage policy might be the right choice between no coverage and getting company cars with commercial vehicle insurance. [Read more…]

The Importance of Cyber Insurance

Computer security compromised.In 2011 Sony experienced a PlayStation hack breach with costs around $171 million. Sony only had general liability insurance. Sony’s policy only covered the physical property damage not any cyber damages. If Sony had invested in cyber insurance the company could have had that $171 million offset. Cyber insurance is relatively new but, it is a necessity in a world that is becoming increasingly dependent on technology. [Read more…]

Renting and Homeowners Insurance

For Rent sign outside of house.Renting out part of one’s home is a popular way for homeowners to make extra money during mega events in their local area, or over an extended period of time. While the home sharing market is quickly growing due to companies like AirBnB, one thing that homeowners must consider is their insurance – specifically, their homeowner’s insurance. Homeowner’s insurance protects the structure of the home, personal possessions, the cost of living elsewhere during repairs, and liability to others in case of damage to one’s property or others. But, homeowner’s insurance does not cover the costs of renting out part of one’s home to paying guests. Learn how renting and homeowners insurance interact.  [Read more…]

Founding a Business: Insurances You Need

Founding a Business, TJ Woods Insurance Agency, Worcester, MAStarting up a business is both an exhilarating and harrowing experience as you turn what has been months and years of preparation, saving, and dreaming into a reality. No one knows better than you how fragile a business is in its infancy, and soon you hope to discover the gaps that are created as your business expands. Founding a business takes a ton of time and effort from yourself and those who support you, make sure to protect your investment so it can become the business you dreamed of. [Read more…]