"Commercial Insurance" Blogs

Business Interruption Insurance For COVID-19

As more businesses close their doors amid the COVID-19 outbreak to protect their employees, clients, and vendors, or any other person they may come in contact with, many business owners are wondering whether there is business insurance coverage available during this time. Business interruption or business income coverage may be included in your commercial property […]

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Get Your Home-Based Business Covered

There are many successful entrepreneurs out there that started with nothing but a strong business vision. Individuals such as Steve Jobs, Oprah Winfrey, and Ralph Lauren learned this principle early in life, what it means to create something out of nothing – and really, it’s possible if you make it possible. You may be sitting […]

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Types Of Insurance Your New Business Shouldn’t Go Without

From the day you start your business, you expose yourself to some risks – even before hiring your first employee. A business is always at risk, so it’s important to purchase the right insurance policy to protect it. Unfortunately, even a small catastrophic event may wipe out a small business. The good news is there […]

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Understanding Your Business Owners’ Policy – BOP

A Business Owner Policy (BOP) combines protection for all major property insurance and general liability insurance risks, thus enhancing your policy. Small business owners usually believe that general liability covers their losses and the losses of their clients. However, general liability may not protect your own property. You will need to purchase a Business Owners […]

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What You Need To Know About Cyber Security Insurance

Cybersecurity breaches are already expected for most businesses. Companies lose approximately $490 billion every year due to data theft – more than what’s spent on catastrophes such as hurricanes. The damage to your company reputation, legal liability, and the likes, may put you out of business. Cybersecurity insurance is a relatively young area of insurance […]

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Intellectual Property Insurance: Why You Should Consider It

Every business has intellectual property (IP), which is oftentimes their most valuable asset. Many high-profile cases have brought IP insurance coverage to the spotlight. Intellectual property insurance is there to safeguard your business, whether small or large, as well as inventors, if you are sued for infringement by another business. In other words, someone takes […]

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Do I Need Cyber Liability Insurance?

Do I Need Cyber Liability Insurance? The cyber age is here and to stay – at least for now. When it comes to data breach, a proper and timely response to protect your business is crucial. Every day more businesses of all sizes and types rely on large amounts of data to effectively run their […]

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General Liability vs Professional Liability Insurance

General liability and professional liability insurance are both great investments in your company since they offer protections unique to the needs of your business.  However, they may also cover distinct types of lawsuits. Based on your business risks, you may need to purchase one or both policies. General Liability Let’s start with general liability. This […]

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Does Your Business Use Gig Workers? Business Insurance May Not Cover Worker Classification Lawsuits

The gig economy is changing the way Americans work. While many workers and companies are embracing the gig model, laws are evolving on how workers should be classified. The resulting wage and hour lawsuits are costly, and this type of liability is often not covered by business insurance or employment practices liability insurance policies. The […]

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‘Tis the Season for Slip, Fall and Fraud Prevention

With one slip, a winter wonderland can turn into a business owner’s nightmare. This time of year, snow and ice create slip-and-fall hazards. Business owners must take steps to keep their customers and their workers safe. Business owners must also stay vigilant to limit their liability and to prevent fraud. In 2016, approximately 9.2 million […]

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The Commercial Property Coinsurance Clause: Beware of Underinsurance

Underinsuring your commercial property may be riskier than you realize. If you skimp on your limits – maybe because you’re trying to save a buck or two on your monthly premium – you won’t have enough coverage to rebuild if your business ever experiences a total loss. But it’s not only a total loss situation […]

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Insurance 101 For New Business Owners

If you are about to start a small business, you already know what it means taking risks in life. Thanks to entrepreneurs like you our economy keeps going. But it’s smart to limit your risks as much as you can. That’s where business insurance comes into the picture and solid guidance from a licensed agent […]

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