What are Ghost Kitchens and Their Insurance Requirements?

A line of cooking stations arranged in a ghost kitchenDining out is more about eating in as a result of the pandemic. In the past few years, restaurant owners and kitchen staff have been seeking opportunities to generate income in a restaurant industry devastated by COVID-19. Ghost kitchens are the latest trend to help aspiring restauranteurs – as well as established restaurants – participate in the market while minimizing the risk of contracting COVID. Let’s discuss the new phenomenon of ghost kitchens and the insurance requirements of those that use them. [Read more…]

Tips for Buying a Business Car

A business woman driving a white business car with packages in the passenger's seat.From proving handy for deliveries to providing reliable transportation between work locations, there are some noteworthy benefits to investing in a company-owned vehicle. However, just like any major purchase, there are some key items to consider before signing over the check. Since there are many potential issues and complicated procedures that can cause some hefty company setbacks, let’s review some tips for buying a business car. [Read more…]

Commercial Liability Insurance: Bodily Injury vs. Personal Injury

The inside of a store with a caution wet floor sign positioned next to a mop bucket.As a business owner, you likely don’t spend much time contemplating the legal difference between bodily injury and personal injury, but understanding these terms can help you better protect your business. Defining these technical terms can help you determine new safety policies and procedures and whether you require more in-depth liability coverage. Although commercial general liability insurance covers both bodily injury and personal injury claims, knowing the difference between the two helps you better prevent incidents and legal action. [Read more…]

The Difference Between Workers Compensation and Disability Insurance

A man leaning on metal stairs and holding his lower back after taking a fall.All business owners have an obligation to protect their staff members. However, there’s no way to completely mitigate the risks of injuries in the workplace, regardless of the industry. Fortunately, policies like workers compensation and disability insurance make it possible to safeguard an employee’s livelihood in the event of an accident. Insurance policies like these are essential to protecting both the worker and the business. Nevertheless, not all policies are built the same, so let’s review some of the key differences between workers compensation and disability insurance. [Read more…]

Debunking 5 Common Renters Insurance Myths

A close of the header of a renters insurance application on top of a desk next to a pair of keys, glasses, a pen, a calculator and one-hundred dollar bills.If your landlord doesn’t require you to have renters insurance, wouldn’t it just be better to pocket the expenses? What sense is there in investing in an insurance policy when living in an apartment, house, or duplex owned by someone else? Unfortunately, there are a lot of misconceptions about renters insurance that result in residents not obtaining proper coverage for their belongings, leaving them vulnerable to severe financial repercussions. That’s why it’s important to debunk these common renters insurance myths. [Read more…]