Knowing Your Risks: Contractors
As a contractor, your exposures are unique to the type of work that you do. So when it comes to insurance, you might be wondering what coverage is best for you! To do that, it’s important to understand your risks as well as strategies to manage them. CONTRACTUAL LIABILITY When you enter a
5 reasons your business needs employment practices liability insurance
Employment Practices Liability (EPL) insurance provides coverage for your company or small business against claims made by employees that their legal rights have been violated in some way. EPL policies protect employers against claims like sexual harassment, wrongful termination, and similar claims. Here are the top five causes of EPL claims: Sexual Harassment In the
5 Risks Landlord Can Face
There are so many things that go into being a landlord: lots of paperwork, selecting the right tenants, keeping up with maintenance requests, the list goes on and on and can potentially be stressful to keep up with. On top of that, worrying about what risks could happen and what types of insurance you should
Do you need Directors and Officers insurance? Explanation of D&O Coverage and Claims Scenarios
Earning a leadership position in a company isn’t all about privilege. Sure, a director or officer position is a big deal. It might come with a corner office, higher pay, and a boatload of stock options. But if things go south for the company, there’s also a greater risk of personal accountability for the higher-ups
How to Dramatically Reduce Your Worker’s Compensation Costs
Employers always want to trim costs whenever and wherever they can. Streamlining processes and doing more with less are admirable goals. But when it comes to Workers Compensation, businesses must tread lightly. Unlike health insurance, employers aren’t allowed to cut benefits levels. Luckily, there’s a simple step that can save employers a lot of money
Top 4 Coverage Traps to Avoid in Commercial Property Insurance Policies
When you consider purchasing commercial property insurance, there are a few sneaky traps that should be avoided. We’ll explain what each of these are and why you should be wary of them below. These are the four most common traps. Ordinance or Law Ordinance or Law coverage is often something that is overlooked.
How to Manage the 3 Most Common Risks Faced by Every Business
If you own a business or are an executive or CFO for a company or non-profit, then you understand what we mean by business risk. We do believe there are three common categories of risk faced by almost every business: Loss of Property Lawsuits or Liabilities Employees In each category, we will describe what exposures to watch for, but also steps you may take to prevent or reduce the likelihood and impact of these threats to your bottom line!
4 Easy Ways to Save Home & Auto Insurance Costs without Sacrificing Coverage
Below is a list of four easy strategies you can implement to save money on your home & auto insurance costs right away without giving up valuable insurance coverage. When shopping insurance, it’s important to properly compare policies and coverage details. In addition to home & auto, there may be several other personal insurance types to group in with your shopping efforts, including:
Equifax Data Breach: What You Need to Know
Equifax, one of the largest credit reporting agencies in the United States, was recently the victim of a massive cyber attack—an attack that may have compromised the personal information of 143 million people. The breach itself occurred between mid-May and July 2017 when cyber criminals gained access to sensitive data by exploiting a weak point in website software. As a result of the attack, sensitive information like Social Security numbers, birthdays, addresses and driver’s license numbers were compromised.