ACORD Insurance Certificates for Small Businesses
In the bustling world of small businesses and independent contractors, having the right insurance coverage is crucial. But even with the best plans, documenting and providing proof of coverage to clients, partners, or regulatory bodies can be confusing. Enter the ACORD Certificate of Liability Insurance—a vital tool for anyone needing to showcase their business liability […]
Workers’ comp for Independent Contractors
In the case of an accident, workers’ compensation helps to ensure that your business is protected, and your employees have the resources they need to recover. As a small business owner, you may sometimes use independent contractors to help you manage your workflow. Whether workers’ compensation covers independent contractors depends on the specifics of your […]
What is Business Equipment Protection?
Also known as inland marine insurance, Business Equipment Protection is insurance for equipment you own and use for work. From a chainsaw to a camera, if you use it on the job, there’s a chance that it could get damaged. And while general liability insurance protects damage to your clients’ property, Business Equipment Protection is […]
What is Business Owners Policy aka BOP insurance?
A Business Owners Policy (BOP) is a bundle of general liability insurance and commercial property insurance. It’s designed to help small-to-medium sized businesses safeguard against many of the common risks they face on a daily basis. What does a BOP cover? At its essence, a BOP combines two of the most important types of coverage […]
Business Interruption Insurance: Protect Your Small Business
No one wants to consider the possibility of their business temporarily closing its doors. However, disasters like floods and fires can force you to close your physical space. Loan payments, taxes, employee salaries, and other expenses still need to be paid, so that loss of income can have a devastating effect on your business. Business […]
Additional Insureds
In a litigious business climate, small business owners need to shield themselves. A common way to protect your interests is to be an Additional Insured on another business owners’ insurance policy. Additional Insured (AI) status offers the organizations you do business with some of the liability protections you enjoy. It’s an important step to safeguard […]
What is professional liability insurance?
Also known as errors & omissions insurance, E&O, or professional indemnity insurance, this is protection for claims that you have failed to provide your services appropriately, causing monetary or reputational damage. Mistakes happen. But the kind of mistakes that lose your customers money can lead to expensive legal fees, court dates, and long claims processes, […]
Small Business Insurance in State of Pennsylvania
What is small business insurance? Small business insurance isn’t one policy you can buy; it’s a whole category of different insurance policies that protect your business from the everyday liabilities and risks you run when you’re on the job. From a customer’s bodily injury to your own equipment breaking down, having the right small business […]
Does Homeowners Insurance Cover Plumbing?
For homeowners, unexpected plumbing problems can quickly turn into expensive nightmares. From burst pipes to water leaks, plumbing issues can cause havoc on both homes and finances. It’s no wonder that some homeowners might find themselves asking: “Does homeowners insurance cover plumbing?” So if you find yourself asking that question, keep reading to learn more […]
Does Homeowners Insurance Cover Damage Caused by a Contractor?
If you own a home, especially an older home, you may have hired a contractor to make repairs or renovations to your home. Although you may have done your due diligence when choosing a contractor, accidents and damage can still happen. Whether it’s a renovation gone wrong or accidental damage during construction, dealing with contractor-related […]