Category Archives: business insurance

How Most Auto Policies Exclude Coverage For Business Use

Jun 27, 18
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It is the responsibility of the employer to keep their employees feeling safe and happy. Here are seven types of insurance that you must have for your business. This coverage does not cover discrimination or sexual harassment claims for that you’d will need an Employment Practices Liability Insurance. If however, your vehicle is used for business purposes the majority of the time (for example if you run a courier service) you will require a different type of car business insurance, termed commercial insurance.business insurance

Her Majesty’s Revenue & Customs are indeed a thorn in the side of modern businesses, their tax laws and implementations providing boundaries, guidelines and in some cases barriers against some of the flexibility of professional companies. However, this will result in your insurance policy becoming void, leaving you open to extreme financial damage in the unfortunate event of a claim against your business.

In case of compensatory …

Guide To Business Insurance

Dec 26, 17
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Business insurance is an extremely important piece of the overall puzzle of business ownership. You also need to remember that you need to take out insurance cover that is right for your business. The legal costs of defending a claim after being sued could see some companies end up on their knees, and public liability will take away the stress and financial strain.

There can be areas of certain small businesses which require additional coverage beyond that which is offered by a CGL, but the standard coverage provided against the aforementioned “big four” liabilities is generally more than sufficient for the majority of ventures.

Therefore most property policies have a provision to provide an additional coverage expense of paying for inventory appraisals to determine the appraised amount of the loss. If your business demands you or your staff to journey making use of your autos, then enterprise car insurance coverage …

What To Look For In A Good Business Insurance Coverage Policy

Nov 24, 17
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If you run or own a business or any commercial enterprise, no matter the type of activity in which you are engaged you will need some type of business insurance protection. The loosely applied term “umbrella policy” represents any type of supplemental coverage that can be purchased to safeguard the insured against monetary damages or fees which exceed his base policy’s limits. All too often, the unforeseen exposure may only be discovered when a suit is filed, making the safety net of business insurance an invaluable part of the business arsenal when it comes to protection.

A portion of coverage that you must have according to law is workers compensation. Commercial practices often need the same policies and coverages as individuals. If you have employees, you should have worker’s compensation on the policy, to cover anything happening to an employee if they are hurt, injured or killed as a result …

Business Insurance

Nov 23, 17
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Often at the top of the insurance cover list for any business which involves a number of workers, employers’ liability insurance is not just necessary but also a legal requirement for any company which is an employer. Your chosen specialist insurance company will be able to advise you and make sure you choose the most suitable cover for your line of business and get the best deal possible. Most homeowner policies provide only nominal coverage for business equipment and activities, so check with your agent to determine if you need a separate business policy or if you can add an endorsement to your homeowners policy.business insurance

If you have just left your current job to start your own business, you may be eligible for COBRA, which will provide temporary interim coverage. If you have liability go over, your insurance policy will cover the claim as much as the insured sum. Business …

Small Business Insurance Supplemental Coverages

Oct 29, 17
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Your Company and those like it is the anchor of this country. If this is the case, have your insurance agent to add a home-office rider to your policy. This will then also cover your commercial assets (the items you transport) in the event of loss or damages following a crash. The business vehicle policy may not have a specific mention of vehicle use, so that is another thing that must be checked with your broker.

Make sure that you get an insurance that covers only what you need. If you use vehicles at all in your business, you need to include business auto coverage in your small business insurance policy. While you may be thinking that your business does not require insurance policies and does not have enough assets to be sued, you will still need to get your business insured.business insurance

Seeking business interruption insurance may also be helpful …