Author Archive
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 […]
How Business Insurance Packages Are Priced
Every company, no matter how big or small, needs to have business insurance. Business insurance will really come in handy if your business ever sustains damage or if someone is ever hurt inside of your business. Business insurance will be an added expense, though, which means you need to shop around for the best rates […]
Things to Consider Before Buying Business Insurance
Running a small business without having the right insurance in place is risky. If someone is injured inside your business or if you manufacture a product that causes injuries to someone, you could be on the hook for it. What’s more, if you don’t have business insurance in place, it could really come back to […]
Why Independent Insurance Agencies Are Better Equipped to Help Their Clients’ Needs
Insurance agencies fall into one of two categories. There are independent insurance agencies that work with a variety of insurance companies, and there are captive insurance agencies that represent just one specific insurance company. There are many advantages that come along with using an independent insurance agency for your company’s needs, especially if you’re in […]
How Insurance Packages Affect Small Business Owners in a Firearms Related Industry
If you run a small business, especially a small business that operates in the firearms industry, it’s essential you have a reliable small business insurance policy in place. Small business insurance, which is sometimes called commercial insurance, can cover all your business assets, including your physical business location and everything inside of it. It can […]
Insurances Firearm Related Businesses Should Consider
Manufacturing firearms, running a gun range, or owning a gun shop is an exciting, but risky business. While there is plenty of money to be made in the firearms industry, you could potentially be put out of business if you don’t have a strong insurance policy in place. Here are a few of the types […]
Why Gun Ranges Need to Have the Right Insurance Plans in Place
Most gun range owners go to great lengths to make their facilities as safe as possible. They hang up signs warning customers about staying safe at all times, install fire extinguishers for unforeseen incidents, and speak at length to those who come through their doors about keeping an eye and ear out for trouble. However, […]
What Determines Your Product Liability Insurance Package Price?
If you own a company that produces products and sells them to the public, you should consider investing in product liability insurance. It will protect you in the event that your product causes bodily injury or property damage to someone who decides to file a lawsuit against you later. Before you apply for product liability […]
Types of Product Liability Claims For Defective Products
Defective product liability claims are an important concern for any business that is involved in the manufacture or sale of goods, including those involving firearms. Businesses need adequate product liability insurance to protect against these types of claims for defective products. Responsible businesses make a dedicated effort to test products before introducing them to the […]