Author Archive
Why Being Underinsured Is a Major Risk for Firearms Businesses
In the firearms and ammunition industry, your risks go far beyond manufacturing defects or storefront theft. From liability lawsuits to regulatory audits, the stakes are high—and if your insurance coverage isn’t built to meet those risks head-on, your entire business could be in jeopardy. Yet many companies in the industry operate with insufficient insurance, either […]
Preventing Fire Hazards in Firearms Manufacturing Facilities
Firearms manufacturing facilities face significant fire risks due to the presence of flammable materials such as gunpowder, solvents, and lubricants. Without proper fire prevention strategies, the potential for accidents, injuries, and property damage increases significantly. To safeguard employees, equipment, and business operations, manufacturers must implement comprehensive fire prevention and risk management measures. Here are some […]
Tailoring Your Insurance Policy: A Deep Dive into Endorsements for Firearms Businesses
Every firearms business is unique, with distinct operations, risks, and insurance needs. While standard business insurance policies provide fundamental protection, they might not fully cover the specific risks your firearms business faces. That’s where insurance endorsements come into play. These policy modifications allow you to customize your coverage, ensuring you’re comprehensively protected. Understanding Insurance Endorsements […]
4 Factors That Impact Your General Liability Insurance Premium
General liability insurance can help protect you and your business when accidents occur. However, that protection does come at a price. Every type of general liability insurance has a premium, but how much that premium in will depend on several factors. Read on to learn more: Size and condition of your premises General liability insurance […]
Why You Shouldn’t Get the Cheapest Business Insurance
As a businessowner, you understand that you need to protect your business. However, you also have a strict budget, and a lot of those business insurance premiums just cost too much. You may decide that getting the cheapest, bare-bones insurance plan will do just fine. However, this could prove to be a costly mistake. Here’s […]
Why Firearm Manufacturers Need Quality Insurance
Every year, firearm manufacturers all across the country create thousands of pistols, revolvers, rifles, shotguns, and more. In fact, between 1986 and 2013, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, better known as ATF, reported that the firearm industry manufactured more than 10 million firearms total. While the firearm industry has obviously transformed into […]
How to Compare Business Insurance Quotes
Business insurance can protect your company from disaster. But which business insurance is right for you? As you shop around, you’ll receive plenty of quotes from top providers. Here we detail how you can compare these quotes to find the best offer for your business: Don’t just focus on the premium Insurance providers will wave […]
How Firearm Related Businesses Can Find the Right Commercial Insurance Broker
Would you like to hire a commercial insurance broker to help you obtain the right insurance policies for your firearms-related business? Before you bring one on board, you should make sure that they’re going to be a great fit for your business. Take a look at several tips that will help you pick the right […]
What Can Businesses Do to Reduce Their Premiums?
Business insurance is something that all business owners need to have at all times. If a business owner doesn’t have business insurance and someone is hurt inside their business or as a result of a product that their business produces, they could be in big trouble. It could even bankrupt their business. It’s especially important […]
The Variables That Affect How Much Your Business Pays for General Liability Insurance
General liability insurance is a type of insurance that all small businesses should have, especially if you’re a part of the firearms industry. It’ll protect you in the event of an accident that takes place on your property. You won’t have to worry about shelling out thousands or even millions of dollars for medical bills […]