3 Myths About Workers’ Compensation
Posted: February 19, 2022
Workers’ compensation insurance is essential for any business with employees. Unfortunately, myths about workers’ compensation coverage abound. These misconceptions can have an impact on the overall success of your business. The following are some of the most common myths among business owners concerning workers’ compensation insurance: My Business Is Small with Low Risk of Injury, So I Don’t Need Workers’ Compensation Insurance. Regardless of the...
What Is Cargo Insurance and Why Is It Important?
Posted: February 4, 2022
Transporting goods carries risks. Any number of things can go wrong with goods in transit. That is what makes cargo insurance so important. It can help protect the value of your goods against losses in transit by sea, air, or rail. Cargo insurance provides protection against financial loss for cargo that is lost or damaged due to a covered event. These typically include natural disasters,...
Do I Need Business Insurance to Rent an Office Space?
Posted: January 19, 2022
A business insurance policy is a must if you are renting an office space. It is your landlord’s responsibility to carry insurance for the physical building itself. Business insurance can help protect your business property and provide liability or financial protection in case of certain mishaps or events. Why Do You Need Business Insurance for a Rented Office Space? There are several important reasons to...
3 Success Stories and What You Can Learn from Them
Posted: January 4, 2022
Taking a Tax Deduction from an Unreimbursed Loss When disaster strikes, small business owners often experience property damage that leads to an unreimbursed loss. While in and of itself that is bad news, there is a silver lining. You may be able to recoup at least part of the unreimbursed property loss when you file your taxes. A property loss, according to the IRS, can result...
4 Winter Risks and How to Protect Your Business From Them
Posted: January 4, 2022
Consumer spending increases for the holidays and business picks up during the winter months. But winter weather also brings certain risks for businesses. The following are some top winter risks and how to protect your business from them. Slip or Trip and Fall Accidents Icy walkways and slippery floors from melting snow can lead to slip or trip and fall accidents on your business premises....