Errors and Omissions Insurance: What Is Covered?
Posted: August 19, 2023
Errors and omissions (E&O) insurance is a type of professional liability insurance. It is designed to protect professionals, including companies and workers, against claims of negligent actions or inadequate work brought by clients. Companies that provide services to customers for fees often purchase E&O insurance. What Does Errors and Omissions Insurance Cover? Generally, E&O insurance covers actions of professionals providing a service, including: Errors, mistakes,...
6 Reasons to Get Business Insurance Now
Posted: August 4, 2023
If you are wondering when the best time is to get business insurance, the answer is now. The protection it can provide is essential for your business, and some types of coverage may be required by law. The following are six reasons to purchase a business insurance policy now: Some Business Insurance Is Required by State Law Most states require small businesses to carry some...
How to Adjust Your Insurance Coverage for Remote Employees
Posted: July 19, 2023
After the global pandemic, more people are working remotely than ever before. While working from home during the lockdown, many employees became accustomed to the benefits, including greater work-life balance. Managers also became aware of the advantages to companies of having employees work remotely. Moving forward, it is critical to update business insurance coverage to suit the new operating basis. Why Should Business Insurance Be...
Will My Business Insurance Protect Me From Cyber Threats?
Posted: July 4, 2023
Small to medium-sized businesses store sensitive personal information for their clients, customers, and employees. They may be more vulnerable to cyber attacks than larger companies with more highly developed security infrastructures. A cyber attack can disrupt the continuity of your business and lead to a costly recovery process. Your business insurance policy may not protect you fully unless it includes cyber liability coverage. What Is...
How to Select the Best Business Insurance for Your Company
Posted: June 4, 2023
If you are starting a new business, a vital action is to ensure you purchase business insurance that suits your enterprise. Having proper coverage for your business could protect your personal assets from liability associated with business debts and keep your business afloat when unexpected situations arise. The types of insurance that your business will need may include general liability insurance, product liability insurance, professional...
