Tag: BOP insurance

SBA requires a business hazard insurance policy for an EIDL loan

G. Turner
business hazard insurance required by SBA

Small businesses receiving Economic Injury Disaster Loans will require the coverage. The Small Business Administration (SBA) is requesting that applicants for Economic Injury Disaster Loans (EIDLs) provide proof of hazard insurance, which is a type of business owners policy insurance. Business owners are advised to inform themselves about how much insurance they need for an SBA loan. The SBA is requesting hazard insurance from applicants applying for EIDLs. Therefore, small businesses will find it worth their while to learn about this type of coverage, how to get it, and how…

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New business insurance options now available for specialist contractors

Auto insurance news

Artisan service providers can now obtain the coverage they require. Business insurance has always been a struggle for artisan contractors, that is, the individuals who provide more specialized services to the homes of their clients, making it challenging for them to mitigate their risks and protect their finances from harm. A new form of policy is now being offered by Business Insurance USA to close this gap. This means that contractors that provide specialized services, such as plumbers, electricians, flooring, and HVAC, are now all able to gain access to…

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