Author Archive
What Is a General Liability Audit?
A general liability audit is an essential part in keeping your business protected against potential lawsuits. While you may think that the coverage you have is enough, this is often not the case. Many businesses have gaps or holes in their coverage that could leave them vulnerable to thousands of dollars in losses. That’s where […]
What You Should Know About Product Liability and Firearms
If your business owns, sells, and/or manufactures firearms, then you automatically run the risk of being sued for product liability or negligence. No matter how careful you are, there is always the chance of something going wrong, causing a consumer to take legal action against you as a result. This is why you should always […]
Liability Insurance Myths That Businesses Should Ignore
If your business is on the smaller side, you might not think that you need to have liability insurance. You’re not providing products or services to that many customers just yet, so there’s no need to invest in liability insurance, right? Wrong. No matter what size your business is, you should have liability insurance. This […]
What Should Small Firearm Businesses Know About Workers’ Compensation Insurance?
Most small businesses have fewer than 100 employees working for them. This leads some small business owners to believe that they don’t need to worry about obtaining workers’ compensation insurance, which is better known as workers’ comp. But in reality, every small business, no matter how big or small it might be, should sign up […]
Product Liability Vs. General Liability Insurance
If you own a business that specializes in selling firearms or firearm accessories, you’re probably well aware of the importance of having an insurance policy in place. However, you might not know exactly which insurance policy you need to obtain to protect your company from claims filed by your customers. More specifically, you might be […]
Why Gun Ranges Need the Right Insurance
Gun ranges have become increasingly popular in recent years. In fact, some people have gone as far as to call them “the new bowling alleys.” With this in mind, it’s not a bad idea to try and break into this business. There is a growing demand for gun ranges all across the country. Nevertheless, if […]
The Things You May Not Know About Business Insurance
As the owner of a business that operates in the firearms and ammunition industry, you know that you need business insurance. It can protect you if one of your products or services ever end up injuring one of your customers. It can also protect your products and your building in the event of a fire […]
A Brief Guide to Insurance for Gunsmiths
Gunsmiths are some of the most trusted people within the firearms industry. They’re in charge of repairing, modifying, engraving, and altering firearms that are brought to them by gun owners. Gun owners trust gunsmiths to fix their firearms up for them and return them as good as new. However, accidents can and sometimes do happen […]
Why Firearm Importers Should Know the Rules of Liability Insurance
Do you own a company that specializes in importing firearms into the U.S.? You might be under the impression that the manufacturer of those firearms will share some liability if you’re ever forced to face a product liability claim over them. Many foreign firearm manufacturers have a product liability policy in place, which leads U.S. […]
What Kind of Insurance Does an LLC Need?
Many of the companies that operate in the firearms and ammunition industry have established themselves as limited liability companies, or LLCs. There myriad tax advantages that come along with creating an LLC and it also makes it easy for business owners to keep their personal assets separate from their business assets. Nevertheless, if you have […]
