Posts In Category "Business Insurance"
Additional Insured vs. Loss Payee
With many business insurance policies, there are additional insureds and loss payees. Both are third parties (either individuals or business entities) that can collect benefits from a policy, but what exactly is the difference between the two? Here we lay out everything you need to know about additional insureds and loss payees. Additional Insureds An […]
How to Keep Business Insurance Rates Low
Keeping high quality business insurance is imperative to ensuring you’re covered in case of theft, injury, and more. However, having good business insurance doesn’t always mean paying huge premiums. There are a number of ways you can keep your expenses low but your business covered. Have a safety plan One important key is to have […]
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 […]
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 […]
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 […]
Three Reasons to Have Comprehensive Business Insurance
Since business owners have so much at stake in their company, it’s only logical they do whatever they can to protect their organization. Comprehensive business insurance is one way owners can safeguard their companies. Let’s take a look at three reasons business owners should have wide-ranging insurance plans in place. An unforeseen accident can happen […]
Specialized Commercial Insurance For Firearm Businesses
What Is It? Some commercial insurance companies offer specialized packages for various businesses as well as coverage for special risks. This is a guarantee of protection in the event of certain circumstances; the insurance company would reimburse the company and the customer. Why Do You Need This? If your business faces special risks that aren’t […]
Make Sure You and Your Guns Are Covered
With legislation being proposed that would potentially take guns away from citizens across the United States, more people than ever are purchasing guns. This is causing new gun ranges and retailers to open all over the country. So if you are deciding to join in and open your own firearm business, it is important to […]