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Category: Business Insurance

Independent Contractors Risk All Without the Right Coverage

More companies are outsourcing jobs to freelancers or independent contractors (ICs). According to the Bureau of Labor statistics, the number of freelancers and ICs has grown dramatically in the last few years and is expected to continue rising. Many freelancers and ICs themselves have failed to keep up with the times; these days you need commercial insurance more than ever, but few realize that without...

What are Surety Bonds, and Do You Need Them?

What Are Surety Bonds, and Do You Need Them? We often see the phrase "bonded and insured", but what exactly does it mean? This refers to the process of bonding through surety bonds. Although they are a form of commercial insurance at their core, surety bonds work slightly differently: Generally speaking, they play a different role and fulfil a different objective than other insurance policies...

The Art and Science of Being a Great Salesman, and Professional Liability Information

  INSURANCE Common FAQs About Commercial Insurance Running your own business can be challenging, and you likely have many questions about all aspects of it, including commercial insurance. Here are some common FAQs about commercial insurance: What is professional liability insurance? This coverage provides liability protection for claims made against your services or products, such as failing to perform work or causing losses as a...

How to Survive a Business Interruption, and Reputation Insurance Info

Soon Reputation Insurance May Be Available to SMBs In 2012, Goldman Sachs employee Greg Smith quit his job. Instead of bemoaning his fate in private, Smith wrote a New York Times op-ed piece saying that Goldman's environment was "toxic" and that the company "sidelined" clients' interests. There's no telling how many people read that piece in print and online, then shared it via social media....

Buzzword Bingo is no Way to Gain Co-Workers' Respect, plus Commercial Flood Insurance Info

Be Safe: Sync Your Mobile Coverage to Today's Technology In the mobile universe, technology is changing faster than the speed of light. It seems that every few weeks the tech giants introduce something new, with features that will make life easier for small business. However, many businesses are still operating at normal speed when it comes to the use and protection of their corporate devices....