Tag: Small Business

Why Does My Commercial Lease Require Liability Insurance? As a small business owner, signing a commercial lease is a major step. Whether you’re opening a retail store, renting office space, or leasing a warehouse, securing the right location is crucial to your operations. However, beyond location and rent, there’s one essential aspect of your commercial lease you can’t...

Where to Start Shopping for Business Insurance? As a small business owner, you’ve got a lot of questions before you take the plunge and invest in business insurance. And rightly so – your company’s future depends on it. That’s why it’s important to start by asking the right questions about potential insurance carriers. Of course, the best place to start shopping...

Why Every Agent Should Consider Individual Real Estate Agent E&O Insurance If you’re a real estate agent, you already know how important it is to protect yourself from lawsuits. One slip-up, one misunderstanding, and you could find yourself in legal hot water. That’s why brokerages carry Real Estate Errors and Omissions (E&O) insurance. But here’s the kicker: your brokerage’s policy...

When Do I Need to Buy Workers’ Compensation Insurance? If you’re an employer, it’s important to have workers’ compensation insurance to protect both you and your employees. Workers’ comp is a business insurance coverage that takes care of your employees in the event of an injury or illness on the job, regardless of fault. It also saves employers from potentially...

How to Compare Small Business Insurance Quotes In order to get good business insurance  you’ll need to compare small business insurance quotes from agents, brokers, and even online providers. This is an important process for the small business owner. There are a lot of options, and many questions to ask before you buy business insurance. It’s much more than the premiums...

Does Your Business Have a Right to Refuse Service? It’s generally understood that there are legitimate reasons for a business owner to refuse service to a customer and that it’s within their rights to do so.  In fact, you may have seen a sign at your favorite restaurant or retailer that reads, “We reserve the right to refuse service,” or “No shoes, no shirt, no service.” It...

Questions to Ask Before You Buy Business Insurance Each small business owners is tasked with managing risk. From cashflow to capital investment, human resources,  or debt management, the business owner is constantly evaluating potential pitfalls and exposure. Most of these risks can’t be transferred away. This is what makes insurance so valuable. It allows you to take some of the...

Is General Liability Insurance Important to Your Business? Is general liability insurance important to your business? Of course, it is! There is possibly no more important business insurance coverage than general liability insurance. In fact, most people, when they think of business insurance they’re thinking of commercial general liability. However, when you first think to open a small...

Facebook Lawsuit and Why We Need Business Insurance How can Facebook help us to better understand the need for good business insurance? Well, directly, it really can’t. However, Facebook is now embroiled in a new class action lawsuit and it underscores one of the main reasons small businesses need good insurance protection. Hey, Facebook can be useful! 🙂 Admittedly, I’m not the most...

What is the price for small business insurance? Business owners are constantly juggling a lot of expenses. For most of these expenses, it’s pretty easy to estimate the price. This isn’t the case with business insurance. This explains why one of the most popular questions we get is, what is the price for small business insurance? Unfortunately, this is not an easy question to...