Your New Year Insurance Checklist

| posted in Blog, Newsletter

As 2021 gets underway and while you’re making New Year’s resolutions, you should also resolve to review the state of your business’s insurance program and we’ve made that easy with our new year insurance checklist. The best way to do that is to start by reviewing your enterprise’s activities in the past year and how they may affect your insurance policies in the new year. What you find as you go through the following checklist may surprise you. New Year Insurance Checklist Did your operations change last year? Workers’ compensation and commercial general liability (CGL) insurance premiums are based in…
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If You’re Leasing a Vehicle, Put It in Your Company’s Name

| posted in Blog

YOU’RE SUCCESSFUL at running your business and you decide it’s time for a new car. You want to take advantage of the great leasing deals many carmakers have on offer, so one weekend you enter into a lease for that vehicle. On Monday you tell your bookkeeper to add the car to your company’s business auto policy, but he tells you that the insurer can’t add the vehicle since it’s in your name. Knowing you’re going to be using this car primarily for business, you realize you’re suddenly in a bind. As a business owner or company director wanting to…
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Business Umbrella, Excess Liability Insurance Essential as Costs Rise

| posted in Blog, Newsletter

As a responsible business owner you no doubt make sure that you are properly insured for any liabilities resulting from damage to other parties. Imagine some of the following scenarios: • What if a visitor trips and falls at your business, breaking a leg and is unable to work for a few months while they recover? • What if a customer suspected of stealing later proves their innocence and sues for defamation of character? • What if one of your employees, driving a company truck, rams into a passenger car and severely injures some of the occupants? The costs of…
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