What insurance does a small business actually need? Much of a business's success depends on how well it can overcome obstacles. Our agency is here to help guide you through the perils that you likely don't anticipate. Bad luck case number 5. After all the adversity that Acme Inc. had been going through the past few months, the team's morale was understandably shaken. In an attempt to help lighten things up, Buzz, one of the managers, thought it would be a good idea to inject more of his unique brand of humor at the office. The company soon learned that Buzz's off-color jokes were deemed to be inappropriate and offensive by a coworker. Damages from that lawsuit would have been covered with employment practices liability insurance up to policy limits. Bad luck case number 6. The team at Acme Inc. was now in complete disarray. In fact, one of the original founders, Sally, was so shaken up that she went jogging at night without her usual reflective gear on a curvy road near her home, she was hit by a car and soon passed away from her injuries. Sally was often the face of the company and was also responsible for managing the relationship with many of their biggest clients. Before long, several left for competitors. Although no policy could replace Sallie, a key man life insurance policy would have at least provided money to fill the gap from the revenue shortage due to the loss of clients and allowed some more time for Acme to recover and find an adequate replacement to fill Sallie's shoes. Can you see how some variation of these examples could be applied to your business? Overwhelmed? No worries, we'll guide you through the types of policies that best fit your specific business and what limits make the most sense for each. Click Here

What insurance does a small business actually need? Much of a business's success depends on how well it can overcome obstacles. Our agency is here to help guide you through the perils that you likely don't anticipate. Bad luck case number 3. The family owners at Acme Inc. were frustrated that things seemingly out of their control were affecting the business's health, and the hits kept coming. After a huge storm one weekend, the team came into the main office on Monday morning to find a tree had fallen through the roof. Both the tree and rainwater damaged computers, monitors, printers, desks, and more beyond repair. By the time all the contractors could be scheduled and get the work done, nearly 2 months had passed before operations could get back to normal. A property. Insurance policy would have helped with replacement of the equipment and furniture as well as repair costs for the roof, walls, ceiling, flooring, and electrical. Debris removal coverage could have reduced the unexpectedly significant costs of tree and material removal, and business income insurance would have even replaced income that was lost because of the 2 months the company couldn't operate at full capacity up to policy limits. Bad luck case number 4. The team at Acme Inc. was grateful to be able to get back to business as usual, but this piece only lasted a few weeks when a calamity of a different flavor struck. Malware managed to insert itself into one of their networked computers. But it wasn't just any malware, it was ransomware, and it quickly spread to every computer and the server. It encrypted all files, making them inaccessible. Acme bitterly paid the ransom as it couldn't survive another extended period of time non-operational. Cyber liability insurance with data ransom coverage would have made the Acme owners much less bitter. Can you see how some variation of these examples could be applied to your business? Overwhelmed? No worries, we'll guide you through the types of policies that best fit your specific business and what limits make the most sense for each. Click Here

What insurance does a small business actually need? Much of a business's success depends on how well it can overcome obstacles. Our agency is here to help guide you through the perils that you likely don't anticipate. Let's take a look at some examples of these perils through Acme Inc. The company had been investing resources to fuel growth, and this made cash flow a little tight. To save money, they decided to temporarily cut back on some of their insurance, and as luck would have it, that's exactly when they were hit with a string of incidents that put the entire business in jeopardy. Bad luck case number one. Members of the Acme Inc team had been working hard to finalize a sales proposal that was to be presented the following day. Upon completion, they were annoyed to see that the printer was out of ink again. In an attempt to save the day, Julie and Colleen hopped into Julie's car to rush to an office supply store for new cartridges. In her haste, Julie hit another car while she was texting her husband that she'd be home a little late. The other driver and passengers were injured and their car was totaled. The lawsuit that followed targeted Acme because Julie was acting on behalf of the company when the accident occurred. The hefty legal and judgment costs would have been covered by hired and non-owned auto liability insurance up to purchased policy limits. Bad luck case number 2. During the previous litigation, it was discovered that Colleen wasn't an employee of Acme Inc. She was a 1099 contractor. She was contracted initially to consult on a project, but she did so well it developed into a full-time situation. Although Julie only had minor injuries from the car accident, Colleen in the passenger seat was badly injured and had a long recovery. Acme had workers' compensation insurance that covered Julie's expenses, but not Colleen's. The state identified that Acme had misclassified Colleen, and she should have been classified as an employee. This led to hefty penalties for acne, and they also ended up needing to pay Colleen's medical costs and damages from the lawsuit she later filed. Can you see how some variation of these examples could be applied to your business? Overwhelmed? No worries, we'll guide you through the types of policies that best fit your specific business and what limits make the most sense for each. Click Here

Business insurance is one of the most important types of insurance a business can have. There are many types of business insurance, and each provides different levels of protection for your business. But is business insurance required by law? The answer is it depends. There are many business insurances that are not mandated by law. However, depending on the type of business you run, some states do require business owners to purchase certain types of insurance. Uh, for example, many states require business owners to have workers' compensation insurance if they have employees. Other types of business insurance that may be. Required by law include professional liability insurance, product liability insurance, and commercial auto insurance. While business insurance may not be required by law in all cases, it's still a very important part of running a business. It can help protect your business from financial losses that can occur as a result of accidents, lawsuits, or other unexpected events. Click Here

Business insurance is one of the most important investments a business can make. There are a variety of business insurance policies available, and the coverage they provide can vary widely. However, most business insurance policies cover common risks like property damage, liability, and employee injuries. Property damage coverage protects your business if your property is damaged or destroyed. This can include damage caused by fire, vandalism, weather, or other events. Liability coverage protects your business from getting sued for damages or injuries caused by your business operations. On the other hand, employee injury coverage protects your business if an employee is injured while working for you. Business insurance helps protect you from financial losses that could result from these risks. Standard business insurance does not cover everything. So many businesses choose to add coverage riders to their policies to protect themselves further. Now, there are many options for business insurance available, but whichever policy you purchase, it is always best to ensure that you have a trusted insurance agent to help you. Click Here

We see 5 main reasons why people suffer financial devastation when mayhem strikes. We made this video to make sure this doesn't happen to you. Number 5, they don't know that flood is not covered in a home policy. Number 4, they don't realize how often the liability limits of auto and home policies are often exceeded. Number 3. They don't understand the importance of a personal umbrella policy. Number 2, they don't prepare for the worst and understand how inexpensive life insurance really is. Number 1, they don't update their insurance when their lives change. These items are just a short list of the many hazards that seriously affect our customers' lives. How do you protect yourself? Schedule an annual insurance review as soon as possible. Sit down with your agent, your trusted adviser. It's our job to make sure you are protected. And not only that, nearly 70% of the time we are even able to save our customers money. Click Here

With lawsuits becoming more frequent over recent years, many homeowners want to know if a home insurance policy provides protection against being sued in a civil proceeding. Now, the answer to this question really depends entirely on the details of your particular insurance policy. While many general home insurance plans offer some amount of liability coverage, the amount of coverage can vary, and it is worth noting that if you're still paying off your mortgage, your bank may require you to have a certain amount of liability coverage in your policy. To make sure that you are fully protected. Protected from litigation, it is definitely wise to include at least some liability coverage in your home insurance policy, and it's also a good idea to consider an umbrella policy which will further increase the coverage limits. For additional details on how to ensure your home insurance policy provides proper liability protection for you and your family, speak with your insurance agent before making any final policy choices. Click Here

There are a lot of factors to consider when you're deciding whether or not to cancel your business insurance. And many businesses contemplate canceling their insurance due to high premiums, but canceling your insurance means that you'll likely pay higher premiums when you apply for a new coverage. In fact, many companies will not allow you to cancel your policy, and even if you can cancel it, you usually can't get back the money you've spent. That's why it's always important to check the cancellation policy when buying insurance, so that you don't get stuck paying for coverage that you might not actually need. So if you're thinking about canceling your business insurance, make sure you weigh the pros and cons very carefully. It's always a good idea to speak with your insurance agent to see if there might be a way to lower your premiums without canceling your policy altogether. Now remember, business insurance is an important part of protecting your business. So, although it may seem like a good idea, canceling your business insurance can actually end up costing you more in the long run. Before making any financial decisions, explore all of your options with your insurance agents, and they will be able to help you make the best decision for your business. Click Here

OK, so there are a broad range of business insurance options that cover a wide variety of risks, right? And I gotta say many business owners are unclear on the function of business interruption insurance. So to put it simply, uh, business interruption insurance basically replaces income that you would have earned if something prevents you from being able to engage in normal business operations. So in other words, if a tornado, say, destroys your storefront, oh, that'd be terrible, but if that happens, and as a result, you're unable to sell goods and generate income, then business interruption insurance will replace some or all of that income. So there are two things to keep in mind here. First, uh, the coverage will only replace income up to the total coverage amount on the policy. So a $200,000 policy will pay up to that amount and no more. Second, uh, business interruption insurance only triggers if the cause of the interruption, such as a fire, is covered by the policy. It's got to be covered. So if you want your coverage to be sound, the best thing you can do is sit down with your insurance agent and make sure all potential causes of interruption are included in your policy before you sign it. Click Here

So many business owners want to know whether or not a business license is required before they can purchase business insurance coverage. Now, as a rule, you don't need a business license to purchase business liability insurance, but there are certain kinds of, uh, industry specific insurance that might require. A license or certification. Now if you are a sole proprietor or a contractor for example, you can almost always acquire business liability insurance without a license, uh, and similarly, if you uh just opened your business and your licensing isn't complete yet, then you should still be able to pick up a business liability policy. You know what, here's a good way of looking at it, uh, think of it like this. If you're facing risk, you'll likely be able to buy insurance for that risk. Now, if you want to ensure that uh all of your bases are covered, then definitely make sure you speak with your insurance professional before making any final decisions on how to cover your business. Click Here

Oftentimes homeowners will let their policies lapse either by accident or due to unforeseen financial challenges. Now when this happens, a common question we hear is whether or not a home insurance policy can be reinstated. Now, in most cases when a home insurance policy lapses, it's because a payment was missed. Speaking, bringing your account up to date and paying overdue fees will reinstate the policy. However, if your home insurance policy has lapsed or has been inactive for some time, then your insurance carrier may cancel it and negate all coverage. But most carriers will be happy to reinstate it. Now, before your policy, it's best to check in with an insurance agent you trust to ensure that the details of your policy reflect the best pricing currently available. By doing a little extra digging, you may actually find that you can get a discount or an even better rate on your policy. So if your coverage has lapsed for an extended period of time, check in with your agent first. Click Here

Anyone who has ever had roof damage knows that it is one of the most harrowing and expensive types of damage that could happen to your home. And you know, because of these just nightmare stories, homeowners need to know whether or not roof damage is covered in a home insurance policy. And so, well, It depends. Uh, like most kinds of insurance, a home policy covers the types of damage that are outlined in the paperwork, so make sure that you check the details of your policy and see if you're covered. Read that fine print, and if you don't have roof replacement coverage, then you can typically add it into your policy and you know, not for nothing, but because roof damage can be so costly, it's actually a really smart thing to have. Also, keep in mind that depending on what kind of uh roof your home has and how the damage was caused, your coverage can vary. So if you are still unsure of whether or not your roof is protected, the best thing you can do is speak with your insurance agent and let them know that you're concerned. Click Here