Liability Insurance for Small Businesses: What You Should Know

A business that tries to avoid additional costs beyond necessity, shouldn’t do so just for the immediate financial gains. You need to prepare for the future, which could include considering how you’ll pay for injuries and property damage. In these unforeseen circumstances it’s recommended, if not required, for a company to take out a general…

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If You Manage or Invest in Property, Do You Need Landlord Insurance?

To receive extra income, many people decide to purchase property and rent out the rooms. At first glance, this seems like a lucrative business decision; as long as your tenants pay the rent on time. When renting out properties that you own, many problems can arise. If someone gets injured on the premises or a…

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Contractors, Subcontractors, and Business Insurance: What You Need to Know

If you’re a contractor to a large client, you might hire subcontractors to help carry out your services. The arrangement works, but if a client is dissatisfied with the outcome or someone is injured on the job, you should have an insurance plan for backup in that situation. However, if a claim is filed against…

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What You Need to Know About Workers’ Compensation

Every business owner must purchase workers’ compensation insurance. Regardless of state, having it is the law. For those new to running their own business, workers’ compensation provides benefits to employees who get ill or injured from an on-the-job injury. The employer, in turn, gets protection from lawsuits. State laws govern the insurance, setting rates and…

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Challenges Facing New Small Businesses

You decide to start a small business after years working for other companies. So, you draw up a plan and delineate your expenses, and after opening shop, you attract a new client or two. You might think the only way to go is up, but for many small businesses, the early stages bring the most…

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