Baltimore will purchase $20 million in cyber liability insurance coverage

Cyber Liability Insurance Coverage - Baltimore

The city is taking preventative action after having already suffered a massive ransomware attack. Baltimore has just committed to purchasing $20 million in cyber liability insurance coverage. That city experienced a massive ransomware attack last spring. The city is still paying off the bills for the contractors who participated in the city’s digital recovery. The costs from the ransomware attack on Baltimore are increasingly coming due. As those expenses loom, city officials are preparing to purchase $20 million in cyber liability insurance coverage to pay for any potential disruptions that…

Read More

Birthday and party clown insurance puts a smile on everyone’s face

Clown insurance - person dressed up as a clown

These entertainers need a specific type of coverage to protect them against their unique risks. Entertainers who work at birthdays and other types of parties can benefit from purchasing clown insurance coverage. Though most events will go relatively smoothly, it takes only one mishap involving an injury or damaged property during a performance to bring on a lawsuit with substantial financial consequences. Entertainment may sound fun but it is also a business in which liability protection is necessary. While some entertainers purchase general liability insurance, others look for specific clown…

Read More

What can fitness experts expect from personal trainer insurance?

Personal Trainer Insurance - Personal Trainer

Fitness experts face a number of liability exposures and need commercial policies designed to protect them. Personal trainer insurance is a category of commercial policies created for the protection of these fitness professionals. Many trainers think they’re covered with a general liability business policy but may need more. Though the basic level of personal trainer insurance typically does involve commercial general liability coverage, there are other policies that better cover a fitness expert’s exposures. Indeed, it’s easy to remember the need for third-party bodily injury, reputation harm and property damage,…

Read More

Pet boarding insurance covers businesses watching animal family members overnight

pet boarding insurance - dog outside dog house

These animal hotels can be run out of large facilities or may operate right out of a person’s home. Pet boarding insurance is a critical part of any business that allows animal owners to leave their furry family members to stay overnight. These companies are popular options when owners head away on vacation, when they need to stay somewhere that pets aren’t welcome, when homes are being fumigated or during renovations. Business owners can use this type of insurance policy to cover themselves against many liabilities. Managing one or several…

Read More

53% of independent workers think they don’t need self employed liability insurance

Self Employed Liability Insurance - Man sitting on couch using laptop

A new survey showed that more than half of freelancers think they don’t need any coverage. Fifty three percent of freelancers, independent contractors and small business owners feel they don’t require self employed liability insurance, said a new Qdos survey. Moreover, over half of those who think they don’t necessarily need it don’t have any coverage at all. The Qdos survey showed that 29 percent of those freelancers and independent contractors had no self employed liability insurance at all. That said, clients are coming to understand the importance of coverage…

Read More

Farmers market insurance important rises with farm to table trend

Farmers Market Insurance - Farmers Marekt - Fruit - Business

The rising focus on eating whole, fresh foods has underscored the importance of this coverage. Shopping directly from food growers has become an important trend and with that, farmers market insurance has been on the rise. For many people, buying what is in season and grown locally has become a way of life. As a result, farmers markets have become more common, larger, and busier. As a result, farmers market insurance has become much more commonly offered. This makes it possible for vendors at these local events to be able…

Read More

Halloween insurance claims always rise, often more than any other day

Halloween insurance claims - Jack-O-Lantern

As much as trick-or-treating may be fun, it can also lead to some of the costliest claims to insurers. Insurers are gearing up for another holiday of Halloween insurance claims, as is the case every year. As fun as this day may be for kids of all ages, homeowners and car owners often face some of their worst outcomes. Data shows that home and auto theft and vandalism claims are consistently high on Halloween. Therefore, insurers always encourage homeowners and car owners to review their policies before Halloween insurance claims…

Read More