Month: September 2016

Types of Coverage to Include in Uniform Rental Insurance

Uniform Rental Insurance

Whether you run a full service dry cleaning company, a linen supply chain or strictly a uniform rental shop, you need an insurance policy that covers all aspects of business. Uniform rental insurance is just a portion of that coverage, but is an essential part of protecting your assets. The following are some types of coverage you should speak with your insurance agent about.

General Liability This type of coverage will protect your company if someone files a lawsuit against you. It will typically cover attorney fees, investigations, settlements and sometimes medical expenses. Because there are unique risks that face your business, and unforeseen accidents happen, this is an important aspect to include in your policy.

Business Auto Many uniform rental companies have a business vehicle that they use to make deliveries. Whether you have one small car or a fleet of delivery vans, make sure you have the insurance coverage needed in case of accident, theft or other damage. You need to keep your fleet running, and the best way to do that is to ensure financial stability in a situation you couldn’t have predicted.
Workers Compensation Your employees do a lot to keep your business running and should have the protection they deserve. If they are injured at work, workers compensation steps in to ensure they are not financially set back while they recover.

Uniform rental insurance is vital to the success of your business. Speak with an insurance agent today to find out how to get started with a policy that includes all the essentials.

Never Do Business Without Commercial Coverage

business insurance va

As a business owner in Virginia, you understand that running a company comes with certain risks. Fortunately, business insurance in VA offers extensive liability coverage at competitive rates, allowing you to conduct business with the protection you require. Working directly with an agent, you can find a policy that best suits your needs, from commercial liability to workers compensation. Take a moment to learn a little bit more about business insurance.

More Options, Better Coverage

Financially backed by reliable insurers, business insurance in VA steps up to the challenge when your company is at stake. With personal, professional attention from a reputable agent, your business can choose from a variety of products, including:

  • general liability,
  • commercial auto,
  • business owners,
  • commercial property,
  • workers compensation,
  • commercial package, and more.

Though these policies may seem overwhelming, in reality your coverage needs comes down to two things: the type of business you are and the type of company you plan to become.

The Power to Grow Your Business

Having protection against the various risks you encounter in business allows your company the room for growth and to pursue more ambitious goals without worrying about the what-ifs. To usher your business into the next era, contact your local agent to begin shaping a policy that’s right for your company.

Youve Fallen Victim to a Data Breach, Now What?

Data breach insurance

You walk into the office, and your IT manager greets you with four words: There’s been a breach. It’s every business owner/manager’s nightmare. You retire to your desk, stare at your computer and thank your lucky stars that you have data breach insurance. But, now what? Where do you begin?

Step 1: Assess the Damage

The first thing you’ll want to do is gather a team to start assessing the extent of the damage. This will help guide your next move.

Step 2: Fixing the Issues

Once you have identified exactly what happened and to what extent you are exposed, you need to work with your management and IT department to figure out how to fix the issue. This may involve a security update or a complete overhaul.

Step 3: Communication

Now that you know exactly what happened, the extent of the beach and what you are going to do about it, it’s time to share this information with your employees and clients. In these cases, transparency is important. Admit fault when culpable and emphasize what you are doing to rectify the situation.

Throughout this process, you want to make sure you are in constant communication with your data breach insurance agent. This will help ensure that you are taking the necessary actions required by your policy to receive compensation.


What Homeowners Insurance Covers

CT homeowners insurance

Most homeowners know that they need insurance for their property. There are so many options out there for insurance that there may be some confusion about what type of insurance coverage to get. You will want to compare different companies and policies that offer CT homeowners insurance because it is essential to familiarize yourself what insurance policies often cover.

Elements of Home Insurance

The first thing many people think about concerning the topic of home insurance is home replacement in case the house is damaged. However, not all types of damages are covered. So-called acts of God such as storms and floods require separate insurance policies because typical homeowners insurance does not cover these incidents. You may be able to find a policy that covers part or all of the following:

  • Dwelling coverage
  • Additional structures
  • Personal property
  • Liability insurance
  • Medical coverage

Dwelling coverage, as the name suggests, covers the actual structure of the home that needs to be rebuilt if it is damaged. Some CT homeowners insurance also covers additional structures, such as sheds and fences. Personal property, such as clothes and equipment, can be added to a claim if there has been home damage. A policy can protect those who live on the property from liability suits directly related to the home, and medical costs can be reimbursed for those who harmed in the house. Look for a policy that covers the items that you feel require the most attention.

Does Your Business Really Need Liability Insurance?

florida liability insurance

As a new business owner, you may question whether you need insurance. Perhaps you are wondering if you can skimp on coverage as a cost-cutting measure. The fact is bypassing coverage is not an option in the sunshine state. Florida liability insurance is a requirement for businesses. It is a safety net that protects your company’s assets and guards against other financial risks.

What Is Liability Insurance?

The coverage protects your business against unforeseen risks that can cost you money and eat away at your profits. For example, if a third party suffers bodily injury as a result of your service, products or employees, you can be held financially responsible. Examples of Florida liability insurance coverage include:

  • Personal injury
  • Property damage
  • Legal fees
  • Medical costs
  • Contractual liability
  • Liquor liability
  • Advertising injury

How Much Coverage Does Your Business Need?

Commercial insurance is not a once-size-fits-all policy. Several factors determine the amount of coverage you need, such as the type of business you own. Every company has its own level of risk. Typically, the higher risk enterprises require more coverage.

Florida liability insurance is a state requirement. It is a worthwhile business investment that minimizes risks and protects your bottom line. When shopping for coverage options, consult with a licensed insurance broker.

Get Risk Management From Your Insurance Agency

Delaware small business workers compensation insurance

You know your business better than anyone else. You tell your customers to come to an expert when they need your services. Why would it be any different for you when you need Delaware small business workers compensation insurance? Go to an agency that understands the risks of your industry and the insurance market to get the best deal and maximize your insurance budget. You get so much more when you work with your insurance agent.

Your insurance agent has risk management information that you can take and implement into your business strategy to prevent injuries to your employees and reduce the number of claims filed each year. Good insurance companies work hard to get employees back into the workplace after an injury to keep your business going forward. You’ll find methods of being proactive in keeping workers safe no matter what risks they face.

Delaware small business workers compensation insurance is a good policy to have for your business, even if no one has ever been injured on the job. It protects your business and your staff and gives you peace of mind that your finances are protected from health care claims. Keep your staff safe and your business strong when you have an insurance policy that meets your needs.

Credibility Begins with New Jersey Contractors Insurance

new jersey contractors insurance

Contractors understand how critical it is for them to secure the necessary bonds and permits before taking on a project. Permits, bonds and new jersey contractors insurance are required to show their client that the job is properly certified, the contractor will stand by the work they perform, and that amends will be made should the job not be completed, or if the results are unsatisfactory, or any damages occur as a result of the project.

Clients often look at a multitude of bids prior to awarding any projects. This is done to ensure they are getting the best team for the best price before getting things underway. While some may award the job to the lowest bidder, most are often more concerned with the quality of the work and track record of the contractor.

Whatever the case its always best to show that the company you represent will be the best choice for the job being contracted, and this usually comes down to your presentation.

Evaluating your business

Do you paint yourself in the best light? Dont underestimate the importance of your website and any advertisements you post (both online and in print), or anything else that reflects on the company. You should have a well-designed logo and quotes and invoices should be presented on stationary with the company logo.

Make sure the website is interactive. Starting a blog, having a Q&A forum, even writing an advice column helps to show your expertise in contracting and construction. Your blogs should showcase your knowledge of industry guidelines, answer FAQ, and provide helpful tips and resources, along with anything else that may be relevant to potential customers.

Answering questions goes a long way towards improving branding since clients will consider this when the time comes for home repair or many of the major projects you may be seeking from large corporations. Building credibility by being involved in local community events helps to gain trust and also provides networking opportunities in the community.

Your real credibility lies in the performance once the job is secured and having new jersey contractors insurance.

Customs Requirements and Import Bond Insurance

import bond insurance

Customs import bond insurance is basically a guarantee between the surety company issuing the customs bond, the importer of record, and the customs & border protection (CBP) agency. CBP requires all importers to file an import bond in order to clear their entries, even when the goods are duty free. The import bond guarantees CBP will collect all import duties, taxes, fines or penalties. If for any reason they do not receive this from the importer then they have a way to collect from the insurance/surety company who issued the bond.

Customs bonds are required in different situations, for example, when foreign goods are to be imported or handled within the US, including any cargo carrier or freight forwarder importing goods or merchandise into the country, international carriers transporting cargo (or passengers) from a foreign location to the US, and anyone operating a warehouse or facility used to store imported or exported goods.

Brokers are available across the US

Many customs brokers are also agents for sureties and sell import bond insurance. A list of brokers in the state where you operate is available online. Be aware however that some brokers will not issue you a bond without you giving them power of attorney to file your entry on your behalf.

The purpose of a customs bond is to provide a guarantee that the duties, taxes and fees owed to the federal government will be paid. There are both “single entry” and “continuous” customs bonds. The single entry bond is used when only importing once or occasionally, rather than performing services on a regular basis. The continuous bond is used when importing happens on a more regular basis.

Determining the bond amount gets more involved for continuous customs bonds. The CBP provides a document called Monetary Guidelines for Setting Bond Amounts to provide some kind of guidance on how the bond amount is determined. A continuous import bond is good at any US port and can be used by any customs broker or freight forwarder you choose to clear your entries.