Posts In Category "Business Insurance"
An Overview of Employment Practices Liability Insurance (EPLI)
Associated Services in Insurance helps businesses in the firearms-related industries find the right insurance packages for their needs. One type of insurance that’s of particular interest in this regard is Employment Practices Liability Insurance (EPLI). What is EPLI? EPLI covers a business if and when an employee (or employees) files a claim against them because […]
What Does An “Umbrella Insurance Policy” Mean?
When it comes to insurance, there a wide range of phrases and policies that most people are either unaware of, or don’t know exactly what they entail. One of the terms that gets thrown around a bit but many people aren’t familiar with is umbrella policies. What is an umbrella insurance policy? This type of […]
The Importance of Businesses Having a Trusted Insurance Agent
There are many types of insurances and insurance agents– some better than others, for sure. Ideally, what you want in your life is a trusted insurance agent. If you’re a business owner, you should be looking for an insurance agent who can save you money and protect your company should it need protection. Insurance agents […]
The Importance of Having Insurance in the Firearms Industry
Whether you manufacture firearms and ammunition or you own a gun shop, making sure you have the proper insurance is essential for a number of reasons. Even if your business takes the necessary safety precautions, there is always a chance that human error could cause an accident. Human error Human error is one of the […]
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 […]
Premiums, Policy Limits, and Deductibles: What’s the Difference?
When you’re shopping for business insurance, three terms will often come up: premiums, policy limits, and deductibles. These three factors can impact how much you pay for your insurance and what your policy will cover—as such, understanding what they mean is essential to finding the right business insurance. Premiums An insurance premium is what you […]
Why Property Insurance is Vital for Businesses
You would do anything for your business, but some things are just out of your control. A storm, vandalism, or a robbery can cost you thousands of dollars in repairs. But with property insurance, you can get some peace-of-mind. Here’s how: Property insurances covers storm damage Your business is your livelihood and it needs protection. […]
4 Things to Consider Before Canceling Your Business Insurance
There may come a time when you ask yourself if you’re getting the most out of your business insurance. You may even start shopping around, comparing policies to determine if there’s a better one out there. Before you start writing up your cancelation letter, though, there are a few things to consider: Do you have […]
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 […]
Occurrence vs. Claims-Made Insurance
You can divide most business insurance policies can between two types: occurrence and claims-made. Which type you choose impacts your reimbursement, your bill, as well as the lifecycle of your policy. The main difference between the two is that an occurrence policy steps in when an injury occurs anytime the policy is active. A claims-made […]