February, 2019

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Simple Insurance Coverages For Your Restaurant

restaurant insurance in Tennessee

Owning a restaurant comes with many risks. In addition to the potential for economic downturns to keep your customers away, you must also be wary of criminal activity, employee injuries and other risks that can impact your financial viability. Several options are available to protect you against these risks. Below are some of the coverages you should look for when searching for restaurant insurance in Tennessee.

Crime

Crime insurance protects against criminal activity by your employees or third parties. Whether it’s employee dishonesty or robbery, your policy will cover the cost to recover your losses or pay any legal costs.

Property

Property insurance covers the cost to repair or replace your business property in case of a fire, certain storms, vandalism or theft. Items that can be included under the policy include your building, landscaping, furniture, equipment and electronic data.

General Liability

General liability protects you in case a third party files a lawsuit claiming that they sustained an injury or property damage because of your business. Your policy will pay for your attorneys’ fees as well as any damages for which you’re found liable.

Worker’s Compensation

Restaurant employees are exposed to numerous risks. With worker’s compensation, your policy will cover any expenses related to a work-related accident including legal and medical fees as well as lost wages.

Other coverages are available to ensure that your business remains protected. Work with an agent who’s experienced with restaurant insurance in Tennessee to craft a policy that meets your needs.

What Kinds of At-Home Care Are Covered With Home Health Insurance?

With an aging population, people living longer than they ever did before, and an increased need to have quality care at home, there’s a new need for caregivers. But how can caregivers feel confident they’re protected while on the job? Here are a few reasons home healthcare insurance is important.

Understanding the Types of Care Covered

Many different types of care are covered with insurance geared toward home healthcare providers. Here are a few situations where it comes in handy, regardless of the needs of the patient.
It can be used for:

  • Personal care providers
  • At-home nursing care
  • CNAs offering care at home
  • Hospice care and respite care


It doesn’t matter if the patient needs daily care or it’s occasional. Home healthcare insurance can insure those taking care of the individual regardless of the situation.

Offering Additional Options for Home Healthcare Workers

General liability is typically assumed for those who are seeking home healthcare insurance and want to protect themselves against any type of legal issues they might run into. There are also special clauses that protect workers in cases of crime, accidents, and being sued by the individual they’re taking care of. Having these types of additional protection makes it easier for workers to do their job.
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Getting the right type of coverage is necessary for home healthcare workers who want to assist individuals in all types of at-home care. From personal nursing care to end-of-life care, it’s possible to work in any type of at-home medical care setting and feel protected.

How Errors and Omissions Insurance Prevents Business Loss

Accidents occur in any type of business and are considered part of life. However, there are some cases where these accidents can be costly for the company owner and even the employees or contractors. That’s why errors and omissions insurance in NY is important to have. Here’s how it can keep a company from losing money and prevent a whole host of other issues from occurring.

Coverage for Small Accidents That Cost a Lot of Money

Certain fields have great potential for small mistakes that can cost a company a lot of money. Consider seeking out errors and omissions insurance to protect against accidents in fields that involve:

  • Accounting
  • Bookkeeping
  • Legal
  • Taxes

Doing so can save money when a small error produces additional costs or the threat of getting sued by the client.

Having Coverage Minimizes Gaps

Not all insurance is created equally. Even if errors and omissions insurance is already something the company has, it’s time to review the policy and see if additional coverage is necessary to offer further protection. When companies don’t have full coverage, the business risks loss, including getting shut down, because the company owner did not have significant coverage. With errors and omissions insurance in NY, it’s easy to avoid further problems.

When looking for ways to protect a business, make sure to check the current coverage of errors and omissions insurance. It’s important to have enough to cover any accident that could occur when something is accidentally left out. Otherwise, it’s easy enough to risk losing a company completely when facing being sued by a client.

3 Reasons Law Firms Shouldn’t Skip Out on Professional Liability Coverage

3 Reasons Law Firms Shouldn’t Skip Out on Professional Liability Coverage
For most businesses, professional liability insurance is critical. If a client files a malpractice claim against your firm, then you need mid size law firm lawyers professional liability insurance to cover the cost of legal fees, settlements and judgments. Here are four reasons you need liability insurance for your firm.

Financial Security

Lawsuits can completely break your law firm. If you don’t expect legal fees, you may not have enough cash on hand to cover the judgments, settlements or legal fees. Insurance allows you to have financial security.

The Odds of a Suit

Lawsuits happen. This is an unfortunate reality, but most law firms will suffer from lawsuits every year. No firm is immune and you need to be ready just in case it happens to your firm.

Honest Advice

Sometimes you need extra advice. When you have insurance, you’re able to call an agent to get advice to ensure that you have the right amount of protection. The last thing you want is to be uncovered when you need it the most. Insurance agents will help you talk through it.

One thing that mid size law firm lawyers professional liability insurance offers your firm is peace of mind. With insurance, you have more financial security and defense against a suit.

Estimating Boat Coverage Prices

How much is boat insurance

Owning a boat is an exciting experience for anyone. The possibilities of the open water make it seem liking boat ownership is all fun and games. Still, there is one issue you should worry about before heading out to sea: insurance. If you are a first time owner, then you may be asking yourself, “How much is boat insurance?”. Typically, you can expect to spend around 1% to 2% of your boat’s value every month. However, the exact amount really depends on a number of different factors.

Boating History

Just like auto coverage, insurers may likely look into your boating background. If you have been involved in several accidents or have been found inebriated while sailing, then you can face higher rates than boaters with clean histories.

Boat Use

What you intend to use your boat for also matters. Using your boat for long fishing trips can make your insurance increase as opposed to using it for weekend recreation out on a lake.

Safety Precautions

Many insurers can lower your costs if they see you have taken a boating safety course. They view this option favorably as they see you are serious about avoiding accidents.

Other factors like past claims and location also affect your monthly prices. With this information you can now answer the question “How much is boat insurance?” for your next boat purchase.

Factors That Go Into Your Boat Insurance Costs

The average boat insurance costs may be difficult to determine on your own. This is because there really is no reliable average. There are so many variables in determining the boat insurance costs. The costs that cover one person’s boat may not cover yours. It’s important to consider all of these factors before you request a quote.

Variables That Count Towards Boat Insurance

When it comes to variables that affect cost, they are as follows:

  • Liability limits
  • Personal effects
  • Trailers
  • Hull coverage
  • Medical limit


These are the most common variables when it comes to coverage. However, these aren’t the only coverage limits possible. There are a variety of policies and your average insurance cost may be anywhere between $300 and $3,000.

Factors That Impact Your Cost

When you look for boat insurance, there are factors other than your coverage needs that affect the costs. Here is what providers consider:

  • Your boating experience
  • Your safety courses
  • Safety equipment
  • Your boat insurance claims
  • The use of your boat
  • Your driver’s license recovery

Every insurance provider will have its own regulations and standards when it comes to deciding costs.

If you’re shopping for boat insurance, you may not be able to find the average boat insurance costs right away. There are too many variables to consider. A quality insurance provider can give you the best quote.

Specialty Brokers Understand Cyber Insurance

Cyber liability is becoming more popular. In the digital age, this makes sense. More businesses are at risk from cyber threats. Despite the rise in cyber risk, there are still insurance companies that do not understand cyber liability coverage. If you’re going to work with a cyber insurance broker, you need to make sure that they understand the ins and outs of cyber liability coverage.

Nuanced Policies

Brokers have to understand the policies inside and out. With any form of insurance, there are nuances that the broker has to know. With cyber liability insurance, it isn’t any different. You need to find someone that has experience and that specializes in cyber liability. Brokers who offer it without having much experience won’t be of much help when you need to get a better understanding of it.

Cyber Risk Understanding

Cyber risk covers a variety of areas. Your broker needs to understand what qualifies as a risk and how to keep your company safe. Does your broker understand phishing schemes? Does the company know how hackers can get a hold of personal information? A broker needs to be well versed in how to protect a company against cyber threats

If you need cyber liability, you should find a cyber insurance broker that has specialized knowledge in the area. Keep your business safe from risks.

Understanding Three Fundamental Business Insurance Options

Are you looking for New Mexico business insurance? If you’re unsure of what coverages to include in your policy, here are three options to consider regardless of the size of your company or your industry.

General Liability Insurance

General liability insurance covers you in case a lawsuit is filed by a third-party who claims that they sustained bodily injury or property damage because of your business. It covers a variety of incidents such as a customer getting injured while in your office or their car being damaged due to a pothole in your parking lot.

Professional Liability Insurance

Professional liability insurance covers you in case a lawsuit is filed by third-party who claims that the service or product you delivered caused them to experience a loss. This can range from a patient developing an illness after seeing a medical professional to a client losing money following the guidance from a financial advisor.

Commercial Property Insurance

Property insurance covers you in case your business property is damaged or lost due to a fire, certain storms, vandalism or theft. Your policy will pay to repair or replace your covered items including your building, landscaping, equipment, furniture and electronic data.

Plenty of other coverage options exist that can be included in your New Mexico business insurance policy depending on your industry. Work with an experienced agent to ensure that your new policy meets those requirements.

Think Ahead When it Comes to Yacht Club Insurance

No matter the insurance coverage you’re shopping for, you need to think ahead about your options. This will help you to find the right coverage for your yacht club. Here is some of what you need to consider about yacht club insurance programs.

Land Claims

Most claims happen on land. You need to keep this in mind when shopping for coverage. A lot of the time, claims include property damage, workers’ compensation, dock damage or theft while docked. While some claims may occur on water, you don’t want to focus all of your coverage on what happens in the water.

Liquor Liability

If you don’t serve alcohol, you might consider losing the liquor liability. There are some cases where this would be a bad idea. Even if you don’t sell liquor, if you pay for any events that include alcohol, whether they are events on land or elsewhere, you are still liable.

Exclusions

There are always going to be exclusions when it comes to insurance. You need to be familiar with what these exclusions are. Some insurance policies may not cover swimming accidents or damages caused by an incompetent employee.

Before you choose between different yacht club insurance programs, it’s crucial that you think ahead of what you might need. With as many policy options as there are, it’s better if you think about the risks that your club takes.

Spring Cleaning Tips for Your Warehouse

Many inspections and audits happen in early spring for warehouses. Regular cleaning and maintenance help reduce the Orlando warehouse legal liability. Get a jump start on your spring cleaning with these tips.

Reorganize

Springtime is a good time to evaluate the warehouse storage system. Whatever isn’t working, should be reevaluated for the coming year. Cleaning is a good time to make necessary changes.

Schedule

When anything big happens in the warehouse, it is always best to schedule it. This way you can ensure customers and vendors don’t show up while you are cleaning.

Removal

If it’s been some time since you’ve cleaned the warehouse, chances are there is a lot of things to toss out. Dumpsters can be rented to help cart off unwanted items including trash accumulating in the space. Having one on hand during cleaning can save you much needed time.

Action

Force yourself to take action. Spring cleaning is a great opportunity to deal with items shoved to the back in the warehouse. Those forgotten items need a home whether that’s in an organized place, the recycle bin or the dumpster. Ridding your warehouse of unwanted materials can free up space for needed items.

Take your spring cleaning to the next level by scheduling regular cleaning times. Next year’s task may not be as daunting. In the meantime, protect your investment with Orlando warehouse legal liability insurance.