Protect your business with insurance and find out four top factors that affect how much you’ll pay in premiums.
Most general liability insurance plans, particularly for small businesses, cover the cost of third-party lawsuits from minor accidents and property damage. What Should You Be Paying for General Liability Insurance? The price of your insurance plan depends on many factors, such as the business locati...
How Much Does Commercial General Liability Insurance Cost? There are other factors that affect how much you’ll pay for general liability insurance, including the coverage limits of your policy. The higher your maximum limit, the more you’ll pay. The size of your deductible will also affect t...
No matter what products you sell, something can go wrong with them, which makes product liability insurance a smart move for ecommerce businesses. How much is ecommerce insurance? There are a lot of factors that go into the cost of ecommerce insurance, like the size of your business, your...
1. General liability insurance General liability insurance protects you from business-operations-related claims. If someone is injured on your business’s property, or if you damage someone’s property, this insurance covers the cost of your defense and any damages that are awarded. Any business ...
With most types of business insurance, your rate comes down to a few key factors: Industry Some professions are inherently riskier than others, and higher risk equals higher premiums. That’s one reason why the cost of professional liability insurance will be higher for an architecture firm that...
cost of the properties involved, including a home, if applicable.Liability coverageis more difficult to calculate, so business owners should consult a knowledgeable agent or broker, especially one familiar with the operating business. Some states also impose minimum insurance requirements for businesses....
You might be tempted to put off buying insurance for your business while you handle more pressing matters, but it’s best not to wait. Unexpected events, like a catastrophic fire or lawsuit from someone who falls on your property, can cost you far more than the price of an insurance ...
Business vehicle insurance Workers’ compensation insurance Professional liability insurance As a general rule, you’re permitted to deduct the cost of insurance as a business expense. 7. Legal and professional fees The amount that you pay youraccountantor your attorney is a tax-deductible expense. ...
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