To help manage expenses, small businesses can explore tax incentives like the Small Business Health Care Tax Credit. This credit is designed to offset some of the costs and make offering health benefits more accessible for qualifying businesses. By planning strategically, small businesses can balance ...
Does my business need commercial property insurance? Any business that owns or rents space should have commercial property insurance. It might be required by a landlord. You should also have commercial property coverage on valuable assets, like expensive equipment. ...
While professional liability insurance typically isn’t required, it’s highly recommended for high-risk businesses. For example, Oregon and Idaho are the only two states that require that lawyers have professional liability insurance. In other situations, clients may require that contractors carry prof...
5 Best Insurance Companies for Small Businesses Progressive, State Farm, The Hartford, Nationwide, and Hiscox make our list for the best insurance companies for businesses.Start your online business today. For free.Start free trial Owning a business can be wildly rewarding personally and professionall...
Understanding Health Insurance for Small Business Owners Small business owners often face unique challenges when it comes to health insurance. Unlike large corporations, they may not have the bargaining power to negotiate lower premiums or access to a wide range of plan options. Additionally, they ma...
But how do you determine the coverage, limits, and kind of insurance needed for small business owners? This guide explores these topics and discusses the average costs and limits for optional and required business insurance. It also covers advisory options for entrepreneurs needing assistance understan...
How do you determine what types of insurance your business needs? When making financial decisions for your small business or startup, you may be tempted to cut costs by signing up for only the business insurance you’re legally required to have. However, just one uninsured accident can cost ...
>> Get Your Business Insured With NEXT! >> Hiscox (credit: PR) Hiscoxis recommended for freelancers and is recognized as the top provider of independent contractor insurance among small commercial insurers. They offer a customizable business owner’s policy (BOP) that includes options like business...
Business owner’s policycombines protection for all major property and liability risks in one package. This type of policy assembles the basic coverages required by a business owner in one bundle. Cyber liabilitycovers loss or theft of data. ...
Types of small business insurance Business Owners Policy This policy includes coverage for general liability, property damage and business income. Learn more about ourBusiness Owners Policy. General Liability This is required for most commercial leases. It covers common business risks like bodily injury...