Commercial Insurance Blogs

When one’s partner passes away, the emotional stress can be overwhelming. However, in households where a good financial plan is not in place, this grief is often replaced quickly by despair about what the future holds and how to remain financially buoyant. Even when the overall economy was healthy, dealing with the death of a […]

As a small business owner, it’s important to understand the true cost of being underinsured. Underinsurance occurs when a business does not have enough insurance coverage to fully protect it in the event of a loss. This can happen for a number of reasons, such as not understanding the risks associated with the business, not

A surety bond – also known as a commercial bond, license bond, or a permit bond – is a contract that protects clients and compels businesses to complete a project according to the agreed terms. Here’s what it means in simple English: a business that provides professional services signs a contract with a surety (a

As the owner of a small business, choosing the right insurance plan can be overwhelming if you’ve never done it before. For one, there are so many options to choose from and it’s easy to lose track of things. Secondly, the consequences of not having enough coverage can be devastating for a small business, making

As a small business owner, you’re no stranger to risk. In fact, one could say that putting down an initial investment and starting the business itself was a risk. This notwithstanding, if there was a way to reduce your risk profile and increase the chances of your business surviving for several years, the smart move

As a business owner, you’re always on the lookout for ways to reduce expenses. This can be done in a number of ways e.g. cutting down overhead costs, minimizing how much is spent on office supplies, or reducing your insurance premiums. Depending on the size of your operation, your yearly insurance costs may range from

As a small business owner, you need all the protection you can get to keep your company running, even in the face of challenges. And if your business involves driving people or expensive equipment around, then a commercial auto insurance is a no-brainer. If you have some doubts about the status of your business and

As summer approaches, the number of ways that employees can be hurt in the workplace increases. On top of all the occupational hazards to watch out for, employers now have to keep an eye on seasonal risks like heat stroke and exhaustion. As a business owner, you must be aware that the higher temperatures, storms,