Commercial Insurance
The 7 Most Profitable Industries of 2024…And Their Coverage Plans
As the global economy shifts, certain industries continue to dominate in profitability, making them key players in the market. Updated for 2024, this list highlights the most profitable industries and how businesses in these sectors can best protect their assets with tailored insurance coverage plans. Whether you’re part of one of these booming industries or…
Read MoreHow Inflation Affects Commercial Insurance Rates
Inflation is an economic term used to describe the general increase in prices of goods and services over time. While it’s a normal part of any economy, it can have a significant impact on the cost of commercial insurance rates. Inflation affects many aspects of the insurance industry, including how insurers set premiums, how they…
Read MoreTop 5 Risks of Not Having Commercial Coverage
Running a business comes with inherent risks. Even the most well-prepared business owners can face unexpected challenges that threaten the success and stability of their company. One of the most significant risks that business owners face is not having adequate commercial coverage. Here are the top five risks of not having commercial coverage. Property Damage…
Read More7 Startup Costs Business Owners Need to Know
Starting a business can be exciting and rewarding, but it also comes with a lot of expenses. As a business owner, it’s important to be prepared for the startup costs associated with your business. Here are seven startup costs that business owners need to know. Office Space If you’re planning to rent office space, you’ll…
Read MoreIs Commerical Insurance Really Worth the Cost?
Commercial insurance is an essential aspect of running any business. It provides financial protection to a company in case of unforeseen events such as theft, lawsuits, or natural disasters. While many business owners may view commercial insurance as an unnecessary expense, the reality is that it is worth the cost. In this article, we will…
Read MoreCommercial Insurance 101: Your Ultimate 6-Step Guide
Commercial insurance is an essential aspect of running any business. It offers financial protection to a company in case of unforeseen events such as theft, lawsuits, or natural disasters. Getting commercial insurance can be an overwhelming task for business owners, but with the right guidance, it can be a smooth process. In this article, we…
Read More7 Types of Insurance You Need for Your New Business
Every business comes with a certain level of risk, and some more than others. To mitigate that risk, insurance was created. Consumers and businesses have been buying and using insurance for decades, but if you’re new to the business world, you might not be quite as familiar with what you need. Fortunately, you’re not alone.…
Read MoreWhat Is Workers’ Compensation?
Workers’ compensation was created to protect employees from being injured or becoming ill at work. The coverage is managed and administered by the U.S. Department of Labor, which also offers several programs and resources to prevent work-related illness and injury in the first place through their Workplace Safety and Health Services. Workers’ compensation coverage is…
Read MoreLLC Business Insurance: Best Options for General Liability and Beyond
As a small business owner, it’s important to protect your business from risks and liabilities. One way to do this is by forming a Limited Liability Company (LLC), which offers personal liability protection for business owners. However, LLC owners should still consider getting business insurance to provide additional protection for their company. In this article,…
Read MoreBest Small-Business Insurance: Compare Companies and Coverage
Starting a small business is exciting, but it also comes with a lot of risks. As a small business owner, you are responsible for ensuring that your business is protected from unforeseen events such as property damage, theft, lawsuits, and other liabilities. Small business insurance can help protect your business from such risks, but with…
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