Understanding Garagekeepers and Garage Liability Insurance
Whether you operate an auto body shop, own a car dealership or offer valet parking, your business likely needs garagekeepers or garage liability coverage. Many believe these two policies are one in the same. Before you find your insurance portfolio is lacking, here’s what you need to know. What Garage Liability Covers Garage liability serves…
Risks Involving Vacant Buildings
Over the last 20 years the number of vacant buildings in both urban and suburban areas has increased. Yet, no longer having businesses occupy these spaces does not mean that no one owns the properties. For property managers, these vacant buildings become a safety risk and an environmental hazard. Long term, these unkempt properties prove…
Limiting Errors & Omissions Exposures
Errors & Omissions insurance is essential for every business. Should a client question a service you provided or claim you failed to deliver that service, this coverage keeps your business afloat through costs related to judgments, settlements and legal fees. The coverage applies even if the client’s claim has no substance. Regardless of the circumstances,…
The Importance of Inspections for Commercial Insurance
Should you be allowed to operate a business if the facilities, systems and safety conditions are not up to current standards? Should your insurance carrier continue to offer you a lower rate or even cover you at all? With an inspection, your insurance carrier can verify all the statements you have made to ensure your…
What’s Key Person Insurance?
While all employees play a role in the success and progression of a business, certain individuals have a key role. More often than not, their presence and knowledge not only keep the company steady, but further help it move forward. What if that individual – a CEO, COO, partner, proprietor or long-time department head –…
