It would be difficult for any business to succeed today without accepting credit cards. They are the default method of payment for almost anyone, and businesses that still operate on a cash-only basis are a rarity. Unfortunately, for all the convenience that credit cards bring, they can also pose …
Business Insurance
What Does Equipment Breakdown Insurance Cover?
If you own a restaurant, office building, or any other type of commercial business that uses costly equipment, having equipment-breakdown insurance is a must. Equipment insurance is a type of business insurance that covers the cost to repair broken commercial equipment, as well as the loss of …
What is Errors and Omissions Insurance?
As an expert in your field, people expect you to provide stellar service that meets certain standards. However, as humans we all make mistakes, and when these mistakes are made in a business setting, a person has the right to file a claim against you. Errors and omissions (E&O) insurance is a type …
Why Micromobility Enthusiasts Should Consider Insurance
Over the last few years, the rise of micromobility has been well-documented. Since 2015, stakeholders have invested over $5.7 billion in micromobility start-ups, according to research published by McKinsey & Company. As the popularity of electric scooters and other forms of micromobility continue to …
What Is a Workers Compensation Audit?
If you have a Workers Compensation Policy or anticipate obtaining one in the future it is important to understand how the policy works and be prepared for an audit of your policy. Working with a workers compensation auditor doesn’t have to be difficult if you are prepared for following through with …
Am I Covered If My Employee Embezzles From My Business?
The crime of embezzlement occurs when an employee has access to the funds of your business and steals it. Embezzlement is the theft or misappropriation of funds placed in someone's trust. An example of embezzlement is when a cashier steals cash from the till. Another example is when your office …