Tag: Insurance

Understanding Professional Liability Insurance

Professional Liability Insurance
Professional Liability Insurance

Every business owner understands that there are risks inherent in their line of work. In today’s environment, comprehensive liability insurance coverage is essential. This plan should include a professional liability policy. What Is Covered Under Professional Liability Insurance? Also known as…

Doing What’s Best With Police and Fire Insurance

Police and Fire Insurance
Police and Fire Insurance

Certain services are indispensable to local communities. When a flame grows into an inferno, the ability to turn to the fire department can provide comfort to those in danger. However, local fire departments and law enforcement agencies must also take…

Protect Your Lending Institution From Damaged Collateral

Lending Institution
Lending Institution

When a borrower enters into a loan agreement with your institution, he or she will probably pledge a home, vehicle or another asset as collateral. Collateral is the backup, in case the borrow defaults on the loan. What do you…

Risk Management for Insurance Professionals

Risk Management
Risk Management

When your business is assisting other companies with risk management, it’s easy to understand how important that protection can be. That’s why so many insurance agents recognize the need to robustly cover their professional activities with a range of products.…

Liability Insurance for Marine Repair Businesses

Marine Repair Businesses
Marine Repair Businesses

When you perform repair and maintenance work on other people’s equipment and vehicles, you take on unique liabilities with regard to the work done in the event of a mechanical failure, liabilities that can extend to third parties that are…

Smaller Businesses Still Need DO Insurance

DO Insurance
DO Insurance

If you’re a director or officer working for a small- to medium-sized business, you may have assumed that your organization doesn’t need to have directors and officers insurance. Indeed, many executives working for companies of your size make this erroneous…

Things to Consider About Commercial Truck Insurance

Commercial Truck Insurance
Commercial Truck Insurance

If you own a business, you need to make sure you are prepared for things to go wrong. Trucking businesses are no exception. People and property are potentially at risk of being damaged by your trucks and you need to…

A Closer Look at Contingent Liability Insurance

Contingent Liability Insurance
Contingent Liability Insurance

There are plenty of risks that a business owner faces each month. While some can be easy to manage, others require a lot of forethought and planning. This is especially true of selecting comprehensive insurance coverage. If you aren’t fully…

Protect Your Medical Billing Facility From Liability

Billing Facility
Billing Facility

A medical billing service processes insurance claims and provides other services to private doctors’ offices, healthcare facilities and hospitals. Even though medical billing employees go through extensive training, mistakes can be made. The billing company can find itself at risk…

Why Are Commercial Auto Premiums So High?

Commercial Auto Premiums
Commercial Auto Premiums

When looking at your company’s budget, insurance premiums likely stick out as a large expense. Everyone wants to cut costs and create a more favorable budget, but the premium for your commercial auto policies often can feel like a huge expense…