Commercial Insurance

How Business Interruption Insurance Can Protect Your Income

The concept of business continuity is one of the keys that separate reliable and resilient enterprises from those that sputter and struggle to stay afloat. Large companies are often in the best position to invest in protections that keep a business going in a crisis. However, any firm can experience disruption at some point, which Read More

Commercial Insurance

What’s the Relation Between General Liability Insurance and BOP?

A typical business owners insurance policy combines three different policy types. These are business interruption insurance, commercial property insurance, and general liability insurance. Business Interruption Insurance Also known as business income insurance. This insurance policy protects you by replacing the income you are estimated to lose when you temporarily shut down. It is, however, imperative Read More

Commercial Insurance

Why Should You Purchase Workers’ Compensation Insurance?

Workers’ compensation, also known as workers’ comp, is a type of insurance that provides pay replacement and medical benefits to employees injured while on the job. This compensation is provided in exchange for the employee’s compulsory relinquishment of their right to sue their employer for negligence. One of the issues that the compensation agreement addresses Read More

Commercial Insurance

A Look at the Increasing Costs of Commercial Insurance Policies

Businesses rely on commercial insurance to protect them in any situation. However, many small businesses are concerned about the recent spike involving the cost of commercial insurance. If the price continues to rise, several businesses may not be able to afford coverage. A thorough analysis of the insurance industry in 2020 shows that the price Read More

Commercial Insurance

4 Scenarios in Which You May Need to Review Your Commercial Insurance

Businesses need to conduct a commercial insurance review periodically to ensure the policy is up-to-date with their company’s needs. All businesses evolve over time, and such changes can affect premiums. Here are scenarios in which it’s advantageous to review commercial insurance. 1. Your Business Size Has Changed Sometimes when a company scales up or down, Read More