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Tag Archives: Risk Management
Most businesses have to purchase both property and liability insurance. Lenders that have financed the purchase of buildings, equipment, furniture, merchandise and other types of property will require property insurance. In addition, many contractors and service providers find that potential … Read more
Commercial Insurance :: No, You Are Not Covered: Some Gaps That a Business Owner Policy Does Not Cover
The last thing a business owner wants in the event of an incident is for the claim not to be covered. In most cases, successful business owners need to have more than one policy type to properly protect themselves; however, … Read more
Undoubtedly, you have worked extremely hard to build your business, and it represents your livelihood. Unfortunately, all it takes is one liability claim to put you out of business. You have surely heard the stories on a regular basis, and … Read more
Most business owners and executives understand the value of workers compensation insurance not just to protect the worker, but to protect the company as well. Fewer, however, are aware of the mechanics of how premiums are arrived at, and how … Read more
Many commercial insurance policies are subject to an audit since the policy premium is based upon total revenue, payroll or some other criteria that the insurer sets as a basis for pricing. Insurance companies want to collect the appropriate amount … Read more