The question of who pays for damage following riots is often a tricky one. Business owners generally have several avenues to pursue: insurance, government aid, and/or private support through loans or donations. Success in these avenues can vary wildly from business to business, however. Read on for a look at the history of rioting in America and how small businesses can recoup losses from riot-based damage.
In the business world, you want your employees to be happy, healthy, and safe. But all too often workplace situations can grow tenuous and an employee might sue based on inappropriate employment practices (like discrimination or wrongful termination). Employment practices liability insurance (EPLI) covers claims by workers of wrongful acts by employers in the employment […]
When you first start dreaming about your small business, it’s fun to think about grand openings, happy customers, and meeting your financial goals. However, before doors open or those first paychecks go out, it’s important to address some of the less-fun parts of your business, like risk management. One of the most basic types of […]
If you run a commercial trucking business, there are many things to organize before you can actually get on the road. When your trucks are out on the Interstate with a trailer hauling goods, it’s a given that you’ll have specific insurance policies to cover accidents and mistakes. However, when your truck is driving around […]
Does your restaurant have the right insurance? In our complete guide to restaurant insurance, we’ll cover which insurance policies you need, how much it’ll cost you, and where to get the right insurance for your business.
Liability insurance is crucial to protecting your small business from lawsuits and accidents, but not all liability insurance policies are the same. If you run an auto repair shop, auto dealership, gas station, or tow service, you might be in need of a specific type liability insurance plan that helps insure and financially protect vehicles […]
Insurance protection comes in various shapes and sizes. If you are looking to protect your business from financial fraud or employee dishonesty, fidelity bonds are one form of risk management you may need. This type of insurance policy can also be referred to as commercial crime policy. Fidelity bonds are a requirement in some states […]
When you own a small business, at some point in your growth you may want to protect your personal assets from your business finances. Without proper coverage and a solid business structure, your own assets, in addition to your business assets, might be in danger. An LLC (limited liability company) is a business structure that […]
So, you just got asked to provide a loss run report? You’ve come to the right place. You might be asked to show a loss run report when you apply for insurance or need to renew an insurance policy. Risk is an inherent part of a small business, and insurance companies need to know how […]
It’s safe to assume that if your business serves, distributes, or manufactures alcohol, you will want and need some extra insurance protection. Because alcohol consumption isn’t always linked to making the best choices (I mean, right?) your company may be held responsible if someone drinks at your establishment or consumes your liquor, and then ventures […]
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