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Cons: Can be costly depending on workplace risks and accident rates for employees Average cost: $45/month2 Eligibility: Have at least one employee; may be required by certain states 4Business interruption insurance Business interruption insurance can help compensate for lost income due to unexp...
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Diversification: Conversely, an insurer might decide they have too much of a concentration in their book of business of a particular type of insured (e.g. maybe older drivers) so they lower their rates for younger drivers and raise rates for older drivers. By doing this they hope to attract...
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