Do I need business insurance if I have an LLC?
Starting a small business takes courage and effort, whether it’s a passion project or a career move. To protect it from unexpected events like natural disasters, employee injuries, and lawsuits, you can register it as a Limited Liability Company (LLC). This type of business structure limits your personal responsibility for business debts and obligations. However, […]
Why is business insurance so important?
Business insurance is an essential tool that helps protect businesses of all sizes from a variety of potential risks, providing financial protection if something unexpected happens, such as a natural disaster, a lawsuit, or the death of a founder or key employee. Business insurance is especially important for smaller businesses, which often don’t have enough […]
General Liability and Workers’ Compensation: What’s the Difference?
As a business owner, there are a lot of decisions you need to make to protect your business from risk. Choosing the right business insurance is one of them. Of all the business options available, general liability and workers’ compensation are two types of coverage that all businesses need. While both offer significant financial protection, […]
Types of Business Insurance
Building and running a business is hard work that requires a large monetary and emotional investment. All businesses are inherently risky. This is a reality that business owners must learn to ensure longevity, sustainability, and resiliency. Mistakes and accidents happen no matter how good you are at what you do. An unexpected disaster or expensive […]
The Difference Between Personal and Commercial Auto Insurance
The difference between personal and commercial auto insurance may sound obvious to the lay person – personal is when the car belongs to you, commercial is when the car belongs to a business. But the reality is that the line between these two types of auto insurance can be very gray, particularly for small business […]
General Contractors License and Insurance Requirements
You’re ready to begin working for yourself, and you’re especially excited to utilize your passion for construction to make it happen. You’re ready to become a general contractor. Smart choice, as research shows that the demand for construction workers is expected to increase 5% between 2019 and 2029. But not so fast. Before you embark on a […]
How To Protect Your Business From Cyber Attacks
Gut check. What are you doing to protect your business’, colleagues’ and customers’ data? Cybercrime is rampant. Attacks on businesses of all sizes result in costly data breaches. Do you know how to protect your business from cyber attacks? Ask yourself the following four questions to address your cyber risk exposure.