Freight Broker Business Plan
As a freight broker, your role is to connect shippers and carriers, but the process of turning your freight broker business idea into reality may seem daunting. This guide aims to underscore the significance of a freight broker business plan, provide insights into its creation, and offer advice on joining a supportive and thriving freight […]
Employment Practices Liability Insurance (EPLI): What It Is, Cost, & More
In today’s complex business landscape, companies face a myriad of employment-related risks and potential liabilities. From allegations of discrimination and wrongful termination to claims of harassment and negligent evaluation, the potential for lawsuits from employees is a significant concern for businesses of all sizes. To help mitigate these risks, many companies turn to Employment Practices Liability Insurance […]
Unlock the Power of Proactive Insurance Management with Our Premium Control Plan (PCP)
In today’s dynamic insurance landscape, merely purchasing a policy is no longer enough. This is where our revolutionary offering, the Premium Control Plan (PCP), steps in to transform your insurance experience. Designed to outshine traditional, passive approaches, PCP is not just a plan; it’s a commitment to proactive premium management. Why Choose PCP? A New […]
The Definitive Guide to Small Business Insurance
Owning a small business is an exciting journey, filled with triumphs and, inevitably, a few bumps along the way. While passion fuels your hustle, resilience comes from being prepared. That’s where insurance for small businesses steps in, offering a safety net against unforeseen risks. But with so much information out there, finding the right business […]
Contingent Business Interruption
Contingent Business Interruption (CBI) stands as a crucial but often underestimated component of property insurance coverage. Typically functioning as an extension to the business income coverage within a property insurance policy, CBI plays a pivotal role in safeguarding businesses against financial setbacks stemming from disruptions in their supply chain. In essence, Contingent Business Interruption Insurance […]
Premises Liability Insurance Coverage
Premises liability is a legal concept typically associated with injuries or property damage resulting from hazardous conditions or negligence on a business property. Premises liability insurance is designed to assist businesses in covering expenses related to accidents involving visitors at their establishments. Various types of accidents may fall under premises liability claims, encompassing: Slip and […]
Business Interruption Insurance
Business Interruption Insurance, also known as business income coverage, provides compensation for lost business income when your business cannot operate temporarily due to a covered loss, such as fire or theft. This coverage is commonly included in a business owners policy (BOP). Business Interruption Coverage Business Interruption Insurance provides coverage for a business’s operating expenses when […]
Defamation Insurance
Defamation, as defined by the Legal Information Institute, refers to a statement that harms the reputation of a third party. This tort encompasses both libel and slander. To establish defamation, four key elements must be demonstrated: Presentation of a false statement as fact. Communication of the false statement to a third party. A level of […]
Contractual Liability Insurance
Contractual liability insurance (CLIP) is a crucial component often included in general liability coverage for small businesses. This insurance safeguards entrepreneurs from legal and financial risks associated with contractual agreements. In essence, a Contractual Liability Insurance Policy serves as protection when entering into contracts that impose legal and financial obligations. For instance, a lease agreement […]