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8 Best Practices for Small Businesses With Commercial Auto Insurance

June 23, 2023 Guest Author

commercial auto insurance and tips

Commercial auto insurance is a vital aspect of risk management for small businesses that rely on vehicles for their operations. Whether it’s a delivery service, a construction company, or a transportation business, having the right insurance coverage is crucial to protect your assets, employees, and reputation. Allied Market Research says that this insurance policy offers tailored coverage for damages and losses associated with commercial vehicles and their owners or drivers. It provides coverage for accidents, collisions, natural disasters, fires, and other relevant situations, specifically for businesses-owned vehicles. The global market…

The Significance of Maintaining Records

November 2, 2013April 19, 2014 Guest Author

Small Business health insurance

Almost all small-scale business establishments will be experiencing real toughness, for maintaining their different financial records updated; of course, it will not be a hyperbolic statement to say that many small business players consider the obligatory requirement of ‘records management’, as a grave issue. The basic reason for this is the fact that, many of such small-scale business entrepreneurs will not be having the needed expertise, for documenting their numerous types of business expenses and returns, in apt and legitimate ways. This matter becomes even more dismal and out of…

Obama administration requests lower rate increase from health insurance company

November 23, 2011May 7, 2013

The Obama administration has used a new tool from their healthcare overhaul to pressure a health insurer with intentions to increase its rates in Pennsylvania reduce the size of this hike. Department of Health and Human Services officials have announced that they feel that it was “unreasonable” for Everence Insurance Co. to plan a 12 percent increase in the rates for approximately 5,000 individuals employed by small businesses within the state. According to Kathleen Sebelius, the Health and Human Services Secretary, the intended rate increase was not adequately justified by…

Healthcare Reform Changes

January 1, 2011August 1, 2021 H. Cutner

Healthcare Reform Changes

Small businesses might be eligible for tax credits up to 35% of the cost of the premiums if they have less than 25 employees whose average annual salary is below $50,000. The employer is required to pay more than half of the premium for the employee to qualify. As the number of employees increases and salaries rise, the credits for the employer decreases. Small businesses might be eligible for tax credits up to 35% of the cost of the premiums Small businesses have to provide insurance to their employee’s children…