Business Insurance

Commercial vehicle insurance is a type of business coverage that can easily be dismissed as not important, yet it might be one of the most important coverages a company operating vehicles can have. If you have employees running around town on company business, then you better have the right type, and amount of commercial auto coverage, or you may just be sorry you didn’t.

Today many real estate professionals are looking for ways to cut back on their overhead as they are finding less and less business due to the downturn in the market. Cutting back on, or even outright eliminating, E&O insurance coverage might cross the realtor’s mind, but this would be a very poor decision as this article points out.

Do you think just because your business is small and only online that you don’t need some sort of business insurance policy? If you think this way then you could not be more wrong! Yes, even your small online business needs, at the very least, a basic business owners policy.

Every business needs some sort of insurance coverage, but just because you need a policy doesn’t mean that you should overpay for coverage. There are some things that you can do in order to reduce your business insurance rates, whether you are looking for your first business policy, or have had coverage for years.

Just because you are self employed doesn’t mean that you don’t need business insurance just like the company you once worked for purchased. Buying business insurance coverage is a foreign concept to most entrepreneurs, especially if they are newly self employed. There are a few things to consider when it comes to getting the right self employed insurance coverage.

Do you, or your company, offer a professional service? Are you an architect, lawyer, software designer, engineer, etc offering a service to clients who may suffer financial harm if you make a mistake? If so, do you currently have professional liability insurance coverage that protects you if you make an error or omission during the normal course of business? Read on if you are in need of a professional liability policy.

Believe it or not, there are lessons to be learned by looking at why surety bond coverage is required. Even if your company isn’t in an industry that requires surety bond coverage, taking a look at why bonds are required in certain instances can be a good lesson in the right ways of running your business.

Did you know that the largest source of theft a company is most likely to experience is their very own employees? That is enough to keep the average business owner up at night. Learn about employee theft and what you can do to help prevent your employees from stealing from your business.

Unless you are an small business insurance expert, you probably don’t know more than just the basics about commercial insurance coverage. That is probably why a lot of entrepreneurs don’t have anything more than a standard business owners policy providing coverage for their company. That may not be a smart idea…

January 1 represents a day in which many companies face higher insurance rate premiums. This is the case in Connecticut, where after a decade of relatively stagnant workers comp insurance rates, they are faced with what turns out to be the second highest rate increase in the country.