Cheap Commercial Property Insurance
April 19, 2016
A Primer On Commercial Property Insurance Commercial property insurance is typically all that stands between a business owner and a major financial loss. Whether you own the building your company is using, lease it or work out of your residence, property insurance keeps your investment safe. A commercial property insurance often varies, depending on the event that you seek protection from and the specific insurance chosen. The following questions are the most frequently asked when it comes to commercial property insurance, so let's take a closer look at these common queries. What Does Business Property Insurance Cover? When you purchase commercial property insurance for your business, your building is protected, as well as your inventory, your outdoor signage, your landscaping, fencing, furniture, work-related equipment and anyone else's property on the premises. What Should I Know About Business Property Insurance? Not only is a smart investment for any business owner out there to make, but it also keeps the business protected if there are any natural disasters or unforeseen events that lead to a prolonged period of closure. The physical assets of the company are protected, as well as its ability to remain viable in the face of windstorms or hurricanes. What Are The Policy Basics? While these...
Top 6 Insurances Essential for your Business
April 28, 2016
Top 6 Insurances Essential for your Business So you're a resident in the state of Florida and your starting out with a new business, you're going to want to protect your new business with a variety of coverage. The first type of insurance important to any business is property insurance. A business needs this to protect their assets and business property. It's important to find a policy that is going to cover all of your business equipment, merchandise, or anything else essential in the event of a natural or accidental disaster. A required insurance for any business in the state of Florida is general liability. This covers any damage conducted to your business by any third party, this also covers any bodily injury at the fault of your services, employees or products. Additional required business insurance in Florida is Workers compensation. You need this to protect your employees when they experience an injury at your business. Workers are given medical benefits along with partial wage replacement that experiences injury on the job. The employee automatically forfeits the ability to sue when they accept the benefits. Commercial auto insurance is only required if your business conducts deliveries, transportation, or any other type of business that...
A Concise Buyer's Guide To Business Insurance
June 7, 2016
A Concise Buyer's Guide To Business Insurance The process of selecting business insurance is fraught with peril and no one likes the prospect of letting money go to waste. To learn more about each aspect of your potential coverage package, keep reading. 1. Knowing What You Need All businesses need to start with a basic worker's compensation policy and this is typically non-negotiable, as the costs of going without one are simply too steep. Property insurance is also an essential must, as this protects your equipment and your inventory. General liability coverage is necessary since it keeps a business from having their coffers completely wiped out by a garden variety injury claim. A business owner policy may also work best for your needs as these policies allow you to combine your property and liability coverage, lowering the overall premium. 2. Growing Companies If a business is growing and using more vehicles, business vehicle insurance is recommended, especially for those who use a company car for work purposes. A personal auto insurance policy will not provide full coverage if an accident is sustained while business related tasks are being carried out. Employment practice liability insurance keeps a business insulated from frivolous lawsuits that are related to the...