This insurance is used when something beyond your control halts business operations. Business interruption insurance covers loss of revenue, along with rent payments, loan payments, and even quarterly tax payments, depending on the scenario. Commercial property. Your physical workspace is protected from...
“In times like this, it is more important than ever to have a strong awareness of your cash flow. You must be mindful of what you are spending money on and how much you are spending. With credit cards, Apple Pay, and easy payments online, the thought process is being removed from sp...
Event cancellation insurance Property insurance Remember how protecting your product is one of the most important considerations when shopping for commercial insurance? If you open a pop-up shop, that coverage doesn’t always carry over. “For pop-ups, your inventory isn’t automatically covered,”...
Commercial general liability covers non-professional negligence. Negligence related to a business’s professional services, on the other hand, requires professional liability insurance. In addition to general liability insurance, businesses may need to invest in commercial auto insurance, commercial property...
Meanwhile, a P&C carrier is exploring how to extend into property management and domestic services for affluent homeowners. With the right design, such businesses can not only boost sales of core insurance offerings but also improve loss ratios and enhance insurers’ relevance to ...
How much should I save for a house? While you can certainly pay cash for a house, most people need to take out a mortgage to afford a home. Financing property involves several expenses, including closing costs, inspections, and appraisals. But usually, the biggest expense you’ll need to ...
Steve Glass is a retired insurance professional with over 34 years of experience in the Property & Casualty insurance industry. Over the course of his career he led teams that handled Homeowners and Commercial property and casualty claims, Auto Medical claims, Auto Bodily Injury Claims, Catastrophe...
Learn how much it costs to start a business. 03. Obtain necessary licenses and insurance Register your business and ensure it operates legally and responsibly by researching and obtaining all the necessary licenses and permits required in your area. Before that, take the important step of selecting...
When determining how much a company should pay for commercial property insurance, the value of a business' assets,including the building, is the primary factor. Before meeting with an agent to discuss coverage, a company should take an inventory of their physical assets located at their property....
Life Insurance Buying Guide Step 1: Determine How Much You Need Think about what expenses would need to be covered in the event of your death. Consider things such as mortgage, college tuition, credit cards, and other debts, not to mention funeral expenses. Also, income replacement is a maj...