It’s not difficult to both love and hate insurance. Few of us enjoy paying for it every month, but we are relieved to have it if something bad happens. That is definitely the case for both home and business insurance. Buying either can be a costly endeavor, but the good news is that you don’t have to be stuck with high monthly premiums. Instead, by shopping around, working with the insurance company, and living in places with fewer risks, you can make the payments much more manageable. Let’s look at…
Search Results for: business insurance
Five Things to Consider Before You Invest In Business Insurance
The fine line between total loss and sustainability is a measure of the risk a business possesses. Entrepreneurs take up business risks in expectations for future gains and rewards. This means that all companies, regardless of their industry or operational nature, are continually exposed to financial risk. Unforeseen expenditures or unaccounted financial burdens are ordinary in every small and large business. While some industries may be less risky than others, unfortunate events are common occurrences and can have devastating consequences on one’s business. What should business owners do to protect…
USAA announces entry into the US small business insurance market
The insurer serving military and veterans will be writing policies in that category for the first time. USAA, the insurer serving military members and veterans, is taking its first steps into the American small business insurance market. The company has stated that it will begin writing these policies for coverage in five different states. The five states in which USAA will be entering the small business insurance market include Arizona, Tennessee, South Carolina, Illinois, and Colorado. That said, it will be restricted to those states only for its initial entry…
What Types of Business Insurance Does an LLC Need?
A limited liability company (LLC) is a preferable business structure due in part because of the level of security it offers owners when it comes to their personal assets and personal privacy through a third party registered agent. But while you’re able to limit your personal liabilities, your business assets are still without protection against a variety of possible unfortunate events. The good thing is that there are things you can do to minimize the risks that come with your LLC — one of these is investing in necessary business…
A Guide to Storing Your Business Insurance Documents Online
While some business owners slightly grudge paying for insurance, the value of cover suddenly becomes very clear when something goes wrong and you need to call on your policy provider for support. In these moments, having quick access to your business insurance documents is essential to help process your claim quickly and get the support you need. Your business likely already has a huge range of important internal documents stored locally. However, with the surge in popularity of cloud storage solutions, there is an increasing trend for companies to back-up…
