Posts In Category "Firearm Insurance Agent Blog"
Questions to Ask When Renewing Your Business Insurance
Business insurance should evolve to meet your needs. That’s what makes the business insurance renewal period such a great opportunity to reassess your insurance needs. So, when it’s time to renew your business insurance, ask yourself the following questions: Have you moved? Did your business move to a new space, town, or even state? Then […]
Understanding Specialized Commercial Insurance For Firearm Businesses
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 typical for a […]
What Does Business Insurance Cover?
Many business owners labor over the idea of getting business insurance, often feeling the expenses are too burdensome. But those who feel that way should rethink their decision and make having insurance an integral item in every budget. Business insurance is more than a luxury, it’s a necessity that can protect your business. Below are […]
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 […]
Why You Need Business Insurance for Certain Contracts
Did you know that some business contracts require you to have business insurance? It’s true. From signing a lease for your new location to landing a big client, many other companies and entities will require you to have some form of insurance before they agree to do business with you. Read on to learn more: […]
4 Workplace Safety Tips for Firearm Retailers
Workplace safety is a top priority for all employers, but especially for firearm retailers. After all, firearms are weapons, and they bring with them their own risks. As such, firearm retailers need to create a safe workplace environment not only for their employees, but for their customers as well. Administer firearm safety training Whether you […]
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 […]
The 3 Types of Product Liability Claims
As a firearms manufacturer or distributor, there is always the risk of someone filing a product liability claim against you. However, the type of claim that is filed will depend on the situation and the person(s) involved. In general, there are three types of product liability claims that you should be aware of: Defective design […]
What is Commercial Property Insurance?
For gun stores and other firearms manufacturers, having the right property insurance is crucial when protecting yourself and your business from potential lawsuits. After all, no matter how careful we are, accidents can happen, and without property insurance, those accidents could cost you thousands of dollars in fees. However, not many business owners fully […]