Liability Insurance Considerations for Construction Companies
As a contractor, your clients trust you to deliver projects in accordance with the agreed-upon terms. This includes the scope of work, the budget, the schedule, and other metrics, such as safety and quality. For the duration of the contract, you’re responsible or liable for various aspects of the job,Read the Rest…
A Quick Guide to Courier Commercial Vehicle Insurance
Every transportation business benefits from risk minimization, but courier companies have unique coverage needs. While there are no “one-size-fits-all” solutions, courier insurance policies can help reduce potential financial losses. This guide explains the basics of courier commercial vehicle insurance: its features, benefits and more. What Is Courier Vehicle Insurance? Insurance forRead the Rest…
Worker’s Compensation: What To Know As a 1099 Employee
When it comes to the laws about worker’s compensation, things can sometimes be unclear. However, as an independent contractor, you need to know how 1099 workers comp claims could affect you. 1. Some Companies Will Pay for Your Claim Depending on your state, if you’re an independent contractor and getRead the Rest…
A Short Guide to Commercial Package Policies
It’s common sense that no two businesses have the same insurance needs. However, this point is more salient with small- and medium-sized firms. Some companies may not qualify for business owners’ policies, but there are other insurance options. A commercial package policy, also known as CPP coverage, is often anRead the Rest…
The Role of Custodian and How To Find the Right One
What does custodian mean in terms of life insurance? They are responsible for safeguarding the policyholder’s assets and ensuring that they are used correctly. They may also provide support and advice to the policyholder on how to manage their finances. It is important to choose someone experienced and trustworthy, asRead the Rest…
Why You Need Builders’ Risk Insurance Protection
A property owner usually carries property insurance to pay for damages and losses associated with disasters such as fire, certain weather events, theft, and vandalism. When your company completes the erection of a facility, you can expect an owner to make sure that the new facility has property insurance forRead the Rest…
Do You Need Excess Flood Insurance?
If you are a property owner, you may have grown increasingly concerned about flooding in recent years. Hurricanes, superstorms, and simply unusually severe downpours have become increasingly commonplace, and flooding has become a worsening problem in areas that have historically not had to contend with it so severely. It’s possibleRead the Rest…
Does Your Professional Liability Policy Have HIPAA Coverage?
Healthcare sector companies at all levels have been affected by the responsibilities and penalties established by HIPAA. Like any new regulations, the additional liabilities created by HIPAA do not fall completely under established professional liability coverage for the industry. That is why you need to make sure your professional liabilityRead the Rest…
Do I Need Insurance for My “Toys”?
You’ve worked hard your whole life, and now you are reaping the benefits of all that effort. Some people look forward to traveling or buying a bigger home. But you are rewarding yourself with the toys you’ve always dreamed of: ATVs, snowmobiles, and other fun adventure items. But big-kid toysRead the Rest…
How Carpenters Can Protect Themselves With Practical Insurance
Carpentry is one of the world’s oldest and most important industries. Still, it is a trade that comes with plenty of major risks. If you’re someone who works in this field, you need to take time to think about how you can protect yourself. A simple injury can lead toRead the Rest…