You need a loss run report to negotiate lower premiums with your existing or new insurance provider, determine risks associated with running your business, and establish a plan to help mitigate potential hazards.

Every year, employees and businesses are held liable for things out of their control, and no matter how diligent you are, mistakes happen, and people can be over-served. Don’t risk your business because of someone else’s poor decisions. Protect yourself with liquor liability insurance or host liquor liability insurance, and take the time to review the liquor laws in your state.

We all make mistakes, and when we do, you may be liable for the effects of those errors if you gave the advice in a professional setting or hurt someone while providing your service. Professional liability insurance protects your business from lawsuits that claim you gave bad advice or made a mistake.

Any business that requires vehicles for day-to-day operations or requires employees to drive vehicles as part of the job should purchase commercial auto insurance.

This post aims to clarify any confusion regarding why and how a CVV (or CVV2, CVC, or CID) number is vital for your small business. Because payment companies mandate all merchants to collect the credit card CVV code during online or manual card entry, you’ll need to find a payment processing company that’s up to date with the latest policies.

The types of business insurance you need for your small business in Texas will vary according to your specific business needs and risks. Generally, it’s best to start with general liability, workers’ comp, and commercial property insurance if you have a physical storefront, and then scale up from there.

The types of insurance you’ll need for your Florida small business will depend on your business-specific risks and needs, but it’s generally a great idea to start with a business owners policy, which bundles general liability and commercial property insurance. You’ll most likely need workers compensation if you have employees, and if you use vehicles for business-related purposes, commercial auto insurance will be required as well.

What is PCI compliance? What does it mean? Is it mandatory for businesses? Arming yourself with a basic understanding of PCI can help you navigate a lot more than you think when it comes to choosing the payment processor, merchant account, or outside payment security specialists you may need. Here’s what you need to know about all things PCI-related.

Cleaning insurance starts with general liability insurance. It’s one of the two most important types of business insurance available. The other is commercial property insurance, and these two policies are often bundled together in a combined policy known as a business owner’s policy (BOP). Depending on how you run your business, you may want additional coverage.

Thinking about starting a food truck business but not sure how to start? This article brings you through the whole process step-by-step, from creating a business plan to funding and marketing your business and everything else in between.