Archive for July 2014
Why Insurance is a Protector of Business Operation
Owning a business, big or
small, means having a lot of things to protect.
Forbes.com put thirteen
things in their list that every small business owner should have: a
liability insurance, property insurance, BOP (business owner’s
policy), commercial auto insurance, worker’s compensation
insurance, professional liability insurance, directors and officers
insurance, data breach, homeowner’s insurance, renter’s
insurance, life insurance, personal automobile insurance and personal
umbrella insurance.
That’s quite a laundry
list, isn’t it? Believe it or not, though: insuring your small
business for the long run is actually a good thing. Business operates
on a 24/7 schedule, and any ripple from the flow will interrupt the
operations of your business. To achieve success in a business, there
must be consistency in the operations and processes. Once a business
owner gets full protection from insurance, he is freed from any
unwanted and harmful liabilities that he may shoulder. Providing
protection to your business, including your employees, would mean
better production and rendered service, because they know they are
safe and at ease.
It’s better to keep it
smooth by having all the protection you can get and being prepared
for anything that could happen, especially when the real world is
full of surprises and the unknown.
Tuesday, July 29, 2014
Posted by Unknown
Why You May Need Commercial Car Insurance
Commercial
car insurance
isn’t just for large fleets anymore. For some small and medium
enterprise (SME) owners, this type of insurance may just be what the
doctor ordered.
If
you have a car insurance policy, you may believe that you’re
covered for when you use your vehicle for work. When time comes to
file a claim, however, this belief may just amount to losses. To
avoid facing this difficult situation, have your vehicle covered by a
commercial car insurance policy ASAP.
Tuesday, July 22, 2014
Posted by Unknown
Safeguarding your Business
After months or even years
of hard work, you have now reached stability in your business. Your
checklist for success has already been mostly filled, and now it's
time to move on to a very important step: business insurance. Not
wanting to see the fruit of your effort go to waste, business
insurance is highly recommended even for small businesses.
Tuesday, July 15, 2014
Posted by Unknown
You Need Separate Insurance for These Disasters
How prepared are you for the
time when a disaster hits your area and affects your business? Will
you be able to recover quickly?
Chances are that these
questions do not cross your mind because you own commercial property
insurance. However, if you only have a standard commercial property
insurance policy, your business is still at risk because your policy
doesn’t cover these disasters:
Floods and Earthquakes
More often than not,
business owners think that the disaster coverage they have covers
everything. Sadly, that isn’t true; while standard policies will
cover fires and storms, they do not cover damage caused by floods or
earthquakes. New Jersey is a flood prone state, so make sure that you
actually add flood coverage to your policy.
Criminal Acts
Your insurance company will
cover criminal acts like vandalism and theft— provided that it was
committed by an outsider. If you or an employee is caught stealing or
vandalizing your business, insurance companies won’t cover the cost
of repair or replacement.
Fortunately, there are
insurance policies that cover these disasters. Speak to your
insurance agent or broker to see if you can attach coverage for these
disasters to your existing policy. You never know when and what type
of disaster will strike your business, so it’s best to cover all
your bases.
Monday, July 7, 2014
Posted by Unknown
The Different Types of Dependable Insurance for Small Business Owners
"Data breach– Often offered by a reliable technology insurance company like Insure Your Company, this type of policy covers the pitfalls brought about by the unnecessary disclosure of sensitive, non-public data that the company holds. Now that you’re aware of the different types of insurance policies, you should take the time to pick the right one for your business. Be sure to keep their unique traits in mind, and your business will never be caught unprepared."
http://www.insureyourcompany.com/different-types-dependable-insurance-small-business-owners/
On Business Insurance in NJ: Tether your Finances Against Legal Cost
"Even if you belong to high-risk classes though, there are always ways for you to keep your premiums down. One such way is to hold and document efficient safety awareness programs in your enterprise and actually practice them. Aside from training your employees on safety, you can also focus on installing safety technology and gadgets. With the help of NJ insurance providers like InsureYourCompany.com, you can be assured that you won’t have to face the prospects of financially-draining legal issues in the future. Nevertheless, in the long run, it still falls on you and your business to make sure that you don’t injure or harm any person in the day-to-day conduct of your enterprise."
http://www.insureyourcompany.com/business-insurance-nj-tether-finances-legal-cost/
