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Tag: Business Insurance

October News You Can Use

Simple Maintenance Can Prevent Water Damage Claims According to one large insurance carrier, water damage is a much more likely cause of homeowner claims than fires. Excluding claims for catastrophes, such as hurricanes, American homes are 10 times more likely to suffer from water damage than from fires. Note that property maintenance is important in the event of a claim. In fact, you may not...

October News You Can Use for business

Be Aware of Auto Policy Exclusions Business auto policies have exclusions that limit coverage. Be aware of the exclusions and compensate for them. The top five are: There is no coverage for injuries to your employees arising out of the use of a covered business auto. This makes workers' compensation insurance not just a luxury but a necessity. There is no coverage for personal property...

10 Steps to Control Your Workers’ Compensation Insurance Costs

Here are 10 steps you can take that can have a direct impact on lowering your workers’ comp insurance costs: Match the applicant carefully to the job. Base the match on the applicant’s skill and abilities:  Your careful hiring practices can go a long way toward reducing your costs. The department of Fair Employment and Housing has brochures, which can guide you in conducting job...