Insurance is an expected business expense, but landscapers face unique risks. They work on and around the property of others. Plus, many of their activities increase risk of bodily injury. As a result, landscapers may need more than one type of insurance to protect them well. Some are absolute necessities, while others may only be… Read more »
If you’re a contractor, your standard commercial insurance policy protects your tools while on your property. However, it may not provide the protection you need if your tools are in transit or stored on a worksite. Consequently, insurance companies offer additional coverage called equipment floater insurance. Here’s what it covers and when you might need… Read more »
We hear so much about lawsuits. They can be very costly and even impact your future if you’re found liable. The question is, can lawsuits occur if someone slips on the ice in front of your home or business? More importantly, do you understand what you can do to protect yourself if a mishap does… Read more »
Snow removal is a necessity on Rhode Island. If you’re involved in the business of removing it, insurance is a factor you definitely must consider. Requirement for Snow Removal Contracts Proper insurance coverage is mandatory for most snow removal contracts. Clients often ask for a Certificate of Insurance to prove you have sufficient liability coverage…. Read more »
A business owner’s policy provides core coverages that businesses need in one affordable package. This normally includes property, liability, and business interruption insurance. Even though a BOP offers great coverage, it can’t protect your business fully. Here are 5 things that a BOP doesn’t cover and additional protections you should consider. Cyber Crime Cyber crime… Read more »
Small business owners often think that a simple business owner’s policy offers enough protection. However, a single insurance policy can’t address all risks. Here are just a few critical and often overlooked small business coverages your company may need. Cyber Insurance According to NetDiligence’s Cyber Claims Study 2020, 96 percent of all cyber-related claims were… Read more »
Business owners need to get a certificate of insurance (COI) from their insurer. It provides the assurance customers, contractors, and other businesses need before they decide to work with you. So, what is a certificate of insurance and why is it so important? Let’s take a look. What is a Certificate of Insurance? A certificate… Read more »
Many business owners believe they have automatic coverage from their Rhode Island homeowners insurance policy for their small home based business. However, the reverse is actually true. Most policies specifically exclude business pursuits. Without proper insurance coverage, they may be liable for damage or injury if something occurs while conducting business on or off their… Read more »
It’s not surprising that many people are picking up side hustles during the pandemic to make ends meet. There’s a huge surge in deliveries, and services such as Uber and Lyft continue to gain a foothold in the marketplace. However, many drivers don’t realize that their personal auto insurance usually won’t protect them. If you’re… Read more »
Social distancing efforts have led to new ways of doing business during the coronavirus pandemic. Curbside pickup is a great way to keep customers safe while collecting their orders. However, for many this is a totally new way of doing business and there may be many things owners have not considered. Here are 5 things… Read more »