If you buy a condominium, you need an insurance policy that protects your investment, but it’s going to be a little different from the average homeowner’s policy. In many cases, it’s less expensive, but it does need to reflect the specific features of your condo complex and unit. As a result, your best bet is…
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What Does Sexual Misconduct Liability Insurance Cover?
Almost every business is subject to the possibility that one of their employees acts inappropriately. One of these behaviors is sexual misconduct. As a business owner, you need sexual misconduct liability insurance to cover you if one of your employees engages in questionable practices. Employee Assault This type of insurance covers you if one of your…
Read MoreGetting Total Coverage for Your Home Health Agency
Home health care agencies have many liabilities and responsibilities, whether they involve patients, employees or state or federal agencies. When you purchase insurance for your home health care business, make sure you have all the necessary types of coverage. General Liability Insurance In-home health, the environment is more unpredictable than in other healthcare settings, which…
Read MoreThe Importance of Liability Truck Insurance
As a trucking company, you take a lot of risks to ensure that cargo makes it from one place to another. Orders need to be delivered on time, without damage, but sometimes, accidents happen. You have to be able to afford potential claims when they do. Transport insurance or truck general liability is the protection…
Read MoreWhat Is High Value Home Coverage and Who Should Have It?
An alarming number of homeowners are potentially underinsured. In some cases, if their home was destroyed, the cost to rebuild it may not be covered by insurance. In others, they could be risking personal assets to theft, vandalism or even litigation. High value home coverage is a possible solution. What Are the Benefits of High-Value…
Read MoreMake Sure You Have Full Homeowners Protection
For homeowners, there are certain steps that need to be taken in order to properly protect their properties. While taking out insurance is a must, you actually need to think hard about this decision. Plenty of homeowners discover the shortcomings of their policies only when it is too late. Since you want to make sure…
Read MoreCOFR Insurance Explained
Maritime oil spills and leaks can be very expensive to address. It is for this reason that the Oil Pollution Act of 1990 mandates that the parties responsible for a spill pay all of the associated costs. Before operating in America’s Exclusive Economic Zone, the owners or operators of certain vessels are required to acquire…
Read MoreHow Nonprofits Can Insure Special Events
Nonprofit organizations can derive a lot of important benefits to holding special benefits. They can use events to conduct fundraising activities and solicit donations, or they can obtain proceeds from activities or admission fees to an event. Insurance coverage is an integral part of event management, so nonprofit organizations need to ensure that an event…
Read MoreUnderstanding Fidelity Bonds
Financial institutions are entrusted with the savings and investments of their clients, but not everyone is there for the protection of the client’s funds. Statistics show that bank employees make off with more money each year than robberies, though internal theft is on the rise in every industry. Financial institutions hold large amounts of financial…
Read MoreWorkplace Wellness and Workers Compensation
Workers compensation is a specialized type of insurance that was created for employers. It covers the cost of an employee’s workplace illness or injuries that were sustained while they were performing their work duties. Most states require that all businesses possess this type of coverage. Reduce Employer Insurance Costs Everyone wants to limit employee incidents,…
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