Published: Sun, 21 Aug 2016 11:16:27 +0000
2016-08-21T11:16:27ZHow does an insurance agent differ from a broker? How does each make money from the premiums you pay? The answers are in this article.
2016-08-21T11:16:27ZEndorsements are documents attached to an insurance contract that amend the policy in some way. This article explains the functions they serve.
2016-08-21T11:16:27ZContractual liability is covered under a general liability policy . It covers liability that one party assumes on behalf of another via a contract.
2016-08-21T11:16:27ZA binder serves as a temporary policy. Learn why it is important and what type of information it is likely to contain.
2016-08-21T11:16:27ZShopping for an insurer? Here are six factors to consider when comparing one insurer to another.
2016-08-21T11:16:27ZA general liability policy provides basic coverages every business needs. It is a generic policy designed to cover virtually any type of business.
2016-08-21T11:16:27ZAn exclusion is a policy provision that eliminates coverage for some type of risk. Exclusions can often be found throughout the policy.
2016-08-21T11:16:27ZSection 125 Plans, also called Cafeteria Plans, are a cost-saving tool for employers who wish to offer fringe benefits to their employees.
2016-08-21T11:16:27ZClaims stemming from products you've sold or work you've completed may be covered by a liability policy under products-completed operations coverage.
2016-08-21T11:16:27ZInsured contract is a defined term under a general liability policy. It determines the types of contracts that are covered under contractual liability.
2016-08-21T11:16:27ZHere's a list of the top property/casualty insurance groups in the United States. The insurers are ranked according to premiums.
2016-08-21T11:16:27ZHere's a list of the 15 largest insurance brokers in the based on revenue generated from U.S. clients in 2014.
2016-08-21T11:16:27ZProduct liability insurance protects a business against claims arising from products the business manufactures or sells to others.
2016-08-21T11:16:27ZLiability policies may apply on either a claims-made or an occurrence basis. Learn how the two types differ.
2016-08-21T11:16:27ZLearn how a typical commercial property policy is structured and the coverages it is likely to include.
2016-08-21T11:16:27ZCommercial auto liability coverage is important if your company uses autos, whether it owns them or not. Find out what types of claims your policy covers.
2016-08-21T11:16:27ZWhy utilize an independent insurance agent when you can buy insurance online? Here are five ways you will benefit by using an agent.
2016-08-21T11:16:27ZCommercial auto policies utilize numbers called covered auto designation symbols to determine the types of autos that are covered.
2016-08-21T11:16:27ZLearn the basics of additional insured coverage: what it is, why is it needed. and what to watch out for when obtaining or providing it.
2016-08-21T11:16:27ZHere's a list of the 25 largest property/casualty insurance agencies based on 2014 revenue.
2016-08-21T11:16:27ZLearn what coverages are afforded under a standard workers compensation policy and the benefits your workers are likely to receive if injured on the job.
2016-08-21T11:16:27ZInsurance agents and brokers are regulated by the states to ensure they fulfill their legal obligations to insurance buyers.
2016-08-21T11:16:27ZAre you going out of business? Do you make a product or perform work for others? If so, you need discontinued products-completed operations coverage.
2016-08-21T11:16:27ZLearn about the insurance company ratings produced by the four major rating firms: Fitch, A.M. Best, Standard & Poor's, and Moody's.
2016-08-21T11:16:27ZHost liquor liability coverage protects your firm against claims or suits that arise from the serving of alcohol in a social setting.
2016-08-21T11:16:27ZVirtually all commercial property policies afford some coverage for ensuing loss. This coverage applies to a chain of events that begins with an excluded peril.
2016-08-21T11:16:27ZHome-based businesses need business insurance to protect the business just like any other business. Learn the most common types of business insurance.
2016-08-21T11:16:27ZLiquor liability insurance protects bars, restaurants and other businesses against lawsuits that arise from the sale or service of alcoholic beverages.
2016-08-21T11:16:27ZAll businesses must comply with workplace standards issued by OSHA. Learn what OSHA does and what services it offers to small businesses.
2016-08-21T11:16:27ZLearn the basics of workers compensation coverage. If your company employs workers, you are likely obligated by law to purchase this coverage.
2016-08-21T11:16:27ZDoes your business perform a service or provide advice to others for a fee? If so, you may need errors and omissions liability coverage.
2016-08-21T11:16:27ZPhysical damage coverage may be provided on a stated amount basis when the value of a vehicle (such as an older truck) is difficult to establish.
2016-08-21T11:16:27ZExperience rating is a mechanism that increases or decreases your workers compensation premium based on your company's loss history.
2016-08-21T11:16:27ZLibel and slander are types of defamation. Both are covered by a general liability policy under Personal and Advertising Injury Liability.
2016-08-21T11:16:27ZMost businesses that own property need insurance to protect them against the risks of fire. This article explains the basics of fire insurance.
2016-08-21T11:16:27ZDirectors and officers of private companies may be sued by competitors, vendors, regulators and others. Learn the basics of private company Directors and Officers coverage.
2016-08-21T11:16:27ZEmployers Liability is covered via Part Two of the standard workers compensation policy. Learn how it protects you against suits by injured workers.
2016-08-21T11:16:27ZIf your agent is unable to obtain insurance on your behalf from a standard insurer he or she will likely contact a surplus lines broker. Learn what these brokers do.
2016-08-21T11:16:27ZLloyd's of London has existed for centuries but many people aren't sure what it does. This article explains what Lloyd's is and how it operates.
2016-08-21T11:16:27ZDamage to your business caused by earthquakes are not covered by your business insurance policy. If your business is in an area prone to earthquakes, then such business insurance coverage should be considered.
2016-08-21T11:16:27ZIs the insurance market hard or soft? The answer can have a major impact on the availability of insurance and the price you pay for a policy.
2016-08-21T11:16:27ZMany property policies provide limited coverage for damage caused by fungus (mold). Learn what is and what's not covered by a typical policy.
2016-08-21T11:16:27ZCommercial casualty is a branch of business insurance that includes coverages like general liability, commercial auto and workers compensation.
2016-08-21T11:16:27ZLearn how to determine whether a worker qualifies as an employee or an independent contractor for the purposes of workers compensation insurance.
2016-08-21T11:16:27ZWhile many lawsuits filed against businesses are legitimate, some can seem downright ridiculous. Here are ten examples of dumb lawsuits.
2016-08-21T11:16:27ZMany commercial property policies contain a standard clause. Learn why this clause is important to lenders.
2016-08-21T11:16:27ZMany commercial leases require the tenant to cover the landlord under the tenant's general liability policy as an additional insured.
2016-08-21T11:16:27ZInsurance conditions are rules of the policy. This article deciphers some of those confusing clauses often found in commercial policies.
2016-08-21T11:16:27ZWhat types of policies does your firm need? This questions may be easier to answer if think of your business in terms of four basic categories.
2016-08-21T11:16:27ZWho qualifies an an insured under your business auto policy? This article explains in detail what persons and entities are covered.
2016-08-21T11:16:27ZWhat is subrogation and why is it important? Learn what this term means and why a subrogation clause appears in virtually all insurance policies.
2016-08-21T11:16:27ZWhile auto liability insurance covers many types of claims stemming from auto accidents, it does contain exclusions. Find out what kinds of claims are not covered.
2016-08-21T11:16:27ZThere are many types of business insurance. Here is a list of the nine types of insurance policies for property, liability, health, and more.
2016-08-21T11:16:27ZAgents and brokers earn commissions on the premiums your pay for insurance. Find out what services you can reasonably expect them to provide in return.
2016-08-21T11:16:27ZTo calculate commercial auto liability and physical damage premiums, most insurers use a rating system developed by ISO.
2016-08-21T11:16:27ZBusiness insurers may require the use of a release form or limitation on liability form be used by your business. Do release forms limit liability?
2016-08-21T11:16:27ZDamage to Premises Rented to You is a liability coverage that protects tenants against claims arising from fire damage to rented buildings.
2016-08-21T11:16:27ZHave you signed a contract that makes you liable for claims stemming from injuries to your employees? Your liability policy should cover such claims.
2016-08-21T11:16:27ZWorkers' Compensation Insurance is mandated by state law and should be considered first in a business insurance plan.
2016-08-21T11:16:27ZIf an employee sustains a minor injury on the job should you pay the medical bill out of pocket? Here are some important issues to consider before making a decision.
2016-08-21T11:16:27ZDo you know how insurance policies are constructed? This article describe each section and the type of information you are likely to find there.
2016-08-21T11:16:27ZLiquor liability insurance protects your business against claims that occur because a patron has become intoxicated and injured someone else.
2016-08-21T11:16:27ZRental vehicles, called hired autos under a commercial auto policy, may be insured for liability coverage, physical damage coverage, or both.
2016-08-21T11:16:27ZPersonal and advertising injury insurance covers certain intentional acts (called intentional torts) like libel and false arrest.
2016-08-21T11:16:27ZAdvertising injury is automatically included in most general liability policies. Find out what types of claims it covers.
2016-08-21T11:16:27ZRisk retention, also called self-insurance, can be an effective tool for lowering your insurance costs. Find out what options are available to small businesses.
2016-08-21T11:16:27ZInjured employees are generally barred from suing their employer under the exclusive remedy rule but the rule has some exceptions.
2016-08-21T11:16:27ZA self-insured retention can be an effective way to save money on insurance premiums. This article will explain how it works.
2016-08-21T11:16:27ZThe Insurance Services Office (ISO) is a research organization that provides statistical, reporting, policy writing and other services to insurers.
2016-08-21T11:16:27ZMany claims-made policies include an extended reporting period, a time period for reporting claims made after the policy has expired.
2016-08-21T11:16:27ZMany business owners experience property damage caused by water from a leaky pipe. Learn what types of water losses are covered under a typical property policy.
2016-08-21T11:16:27ZAuto medical payments insurance covers medical expenses incurred by you or your passengers due to injuries sustained in auto accidents.
2016-08-21T11:16:27ZA study by Hartford Insurance shows what types of claims are most commonly incurred by small businesses and what types of claims are the most costly.
2016-08-21T11:16:27ZSinkholes can cause major damage to business-owned property. Learn why and where they occur, and how sinkhole damage is typically insured.
2016-08-21T11:16:27ZRates you pay for workers compensation coverage vary depending on the classifications assigned to your business.
2016-08-21T11:16:27ZShopping for a claims-made policy? Here are some pitfalls to watch out for when considering a policy or when comparing one policy with another.
2016-08-21T11:16:27ZConcurrent causation and anti-concurrent causation are important concepts in property insurance. This article explains these terms in simple language.
2016-08-21T11:16:27ZMany contracts used in business contain a waiver of subrogation clause. Learn about waivers and how they impact your insurance coverage.
2016-08-21T11:16:27ZLike any business, a bar or other liquor establishment requires insurance. Learn what types of coverages a bar or tavern is likely to need.
2016-08-21T11:16:27ZBusinesses are often asked to insure other parties as additional insureds. Learn why these requirements exist and how they affect your insurance.
2016-08-21T11:16:27ZCommercial liability insurers offer two types of policies: claims-made and occurrence. Learn how they differ.
2016-08-21T11:16:27Zclass="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >Many commercial
2016-08-21T11:16:27ZMedical Payments Coverage pays injured parties' medical expenses regardless of fault. Thus, it can head off lawsuits against your firm.
2016-08-21T11:16:27ZCommercial property is a broad category that includes many types of coverage. Learn what types of coverage your business may need.
2016-08-21T11:16:27ZState laws may restrict your insurer's right to non-renew your insurance coverage. Learn how these laws typically apply.
2016-08-21T11:16:27ZDirectors and officers liability coverage protects corporate officers and directors from lawsuits filed by third parties, including shareholders.
2016-08-21T11:16:27Zclass="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >The word property
2016-08-21T11:16:27ZMany companies use aircraft for business purposes. Find out whether claims arising from the use of aircraft are covered by your liability policy.
2016-08-21T11:16:27ZVirtually all insurance policies contain a cancellation clause, which outlines the circumstances under which your insurer may cancel your policy.
2016-08-21T11:16:27ZInsurable interest is a basic principle of property insurance. It distinguishes insurance from gambling and helps protect society against fraud.
2016-08-21T11:16:27ZA dividend plan can be an effective tool for saving money on workers compensation premiums. This article explains how dividend plans typically work.
2016-08-21T11:16:27ZPersonal and advertising injury is a defined term that determines the offenses covered under Personal and Advertising Injury Liability Coverage.
2016-08-21T11:16:27ZErrors in administering employee benefits can lead to lawsuits against your firm. Protect yourself by purchasing employee benefits liability coverage.
2016-08-21T11:16:27ZA certificate of liability insurance is used to verify the existence of liability coverage. Find out what types of information it typically contains.
2016-08-21T11:16:27Zclass="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >Has your insurer
2016-08-21T11:16:27ZHave you ever wondered how your general liability premium was derived? This article describes a classification and rating system used by many insurers.
2016-08-21T11:16:27ZWhat should you consider consider before buying a commercial umbrella policy? This article outlines some important features to look for.
2016-08-21T11:16:27Zclass="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >One of the primary
2016-08-21T11:16:27ZDo you know what to do when a loss occurs? This article explains the three steps involved in filing a claim: planning, reporting and following up.
2016-08-21T11:16:27ZA fraudulent workers compensation claim can have a significant impact on your small business. Learn what signs may indicate an injury has been faked.