Startup businesses face a unique set of risks that must be considered when developing an insurance plan. These risks can make it difficult to find the right coverage to protect your business. However, with the help of a startup insurance broker, you can find the right policies to mitigate these risks. This article highlights some of the risks startup businesses might face. Financial Difficulty Many startup businesses may have trouble meeting their financial obligations, especially if they are not generating enough revenue due to interruption of business operations or unanticipated expenses.
9 August 2022
If your home experiences water damage, it is important to be prepared for the insurance adjuster who will come to assess the property. Here's what you need to know. What is an insurance adjuster? An insurance adjuster is an impartial professional who evaluates insurance claims on behalf of insurers. What does a water damage insurance adjuster do? A water damage insurance adjuster evaluates insurance claims for water damage. This can include damage from floods, storms, leaks, and more.
28 June 2022
Some home insurance policies don't cover jewelry. Some cover jewelry but with relatively low limits. You must look beyond the standard home insurance policy if you have expensive jewelry and want adequate coverage for them. Below are some tips that can help. Increase the Jewelry Sub-limit Homeowner's insurance policies have limits and sub-limits. For example, personal property coverage typically has a limit that is a percentage of the overall coverage limit.
18 May 2022
Whether this is going to be your first time applying for home insurance or you are looking for a different insurance company to work with, you want to do all you can in order to increase your odds of an approval. This way, there will not be a lot of time in which your home is not protected by valid insurance. To help you with this, you will want to keep reading.
2 March 2022
Are you in need of a new homeowners insurance policy? Here is what you should know before you decide what type of coverage to get: Here's What Usually Can Be Covered Homeowners insurance usually covers any damage done to your home and other buildings on your property due to storms or fires. The belongings inside your home, such as furniture, artwork, and jewelry can also be covered in case of theft or some type of damage.
17 January 2022
Running a business requires patience, dedication, and hard work. The last thing a business owner would wish to see is their company going down because of something preventable. Whether it's the result of negligence or a natural disaster, your business can be significantly affected by these things. This is where a commercial insurance agency comes in. Here are three types of policies these agencies offer. General Liability This type of cover protects a business against employee errors, defective products, property damage, and lawsuits from injuries.
30 November 2021
While the desire to save money on your general liability insurance policy is quite understandable, it is important to remember that this savings is only truly beneficial if you are still able to secure the quality coverage you need to ensure you and your business are truly protected. After all, spending money on insurance that doesn't offer the protection you need is a waste of money in the long run regardless of how much you saved in the short term.
26 October 2021
When looking at auto insurance policies, one that you definitely want included is collision coverage. It's a popular coverage type that can pay for damage that is caused by the following accidents or events. Standard Collisions One of the more common accidents on the road is a collision with another vehicle. Whoever is at fault, you want to be protected and that's not difficult when you invest in collision coverage. It will cover most of the damage that occurs to your vehicle.
24 September 2021
Typically, employers pay their employees in two ways. First, employers must pay employees compensation for work done in the form of wages and salaries. Second, employers indirectly pay employees through benefits. In addition to a legal requirement for fair compensation, employers offer employee benefits to motivate their workforce and attract new candidates for available job positions. Employee benefits are essential because medical and retirement insurance benefits set up an individual for the future when they cannot work and sustain themselves.
18 August 2021
When an insurance company is trying to establish the legitimacy and value of a claim, they turn to an adjuster for guidance. It's common for people to take the insurer's word on what a claim is worth. However, you don't have to. If you want someone to serve the same role but for you, you might hire a public insurance claim adjuster. What is a public claim adjuster, and how do they help clients, though?
14 July 2021