Proposed Insurance Reform Plan

Last March, a bill was unveiled in both the House and the Senate that will create a public bonding authority within the state’s Coastal Property Insurance Pool. Lawmakers are aiming to lower the insurance property rates by restructuring the state’s plan to cover catastrophic loss. According to the supporters of the bill, the changes will… Read More…

Coverage of Renters Insurance

If you are renting a home, you are probably wondering what renters insurance cover. It is also right to think about the coverage of your apartment since it can make the difference between losing everything you own and getting back on your feet in case of a catastrophic loss. Below are the different types of… Read More…

Property Insurance Shrinks to Lowest Level

Since its creation in 2002, State-run Citizens Property Insurance’s policy count has shrunk to its lowest level. According to CEO Barry Gilway, his company has fallen to 598,408 policies as of March 13, experiencing a dramatic turnaround. Gilway also mentioned that significant improvements in profitability as well the increasing financial strength of private companies has… Read More…

Protect Your Business Against Frivolous Lawsuits with Liability Insurance

Investing in liability insurance for your business can benefit you in more ways than you can imagine. Nowadays, frivolous and not-so-frivolous lawsuits are more likely to emerge out of nowhere and threaten a business’ credibility and finances. The right business liability insurance provides protection and mitigates the negative consequences of these claims. Shopping for the… Read More…

Insurance Guidelines for Start-up Business Owners

Some entrepreneurs may think that business insurance is just another addition to the already long list of tasks in starting up their business. However, it is important to know that placing this item at the very end of the roster, and making it the least of your priorities, is definitely not the best way to… Read More…

Why You Shouldn’t Let Your Business Insurance Lapse

Many business-owners, upon learning that their ventures are not in a favorable financial state, immediately blame their business insurance expenses. However, before you decide to let your business insurance lapse, here are some things that you should first consider: Giving up insurance exposes your business to risks. Insurance is a legal requirement. Letting your coverage… Read More…

Do Freelancers Need Business Insurance?

Many freelancers live through their professional lives without any form of business insurance. However, what they fail to realize is that this leaves them vulnerable to various risks, which could mean major financial loss on their part. Here are some things that you should know about business insurance for freelancers: In certain regions, such as… Read More…

Deal with Old Electronics the Right Way and Avoid Liability Claims

Donating your office’ old electronics, such as printers and copying machines, is anything but bad. However, doing so irresponsibly can lead to damaging consequences for your business and your clients. Before you are forced to face any liability claims, make sure you observe the following measures: Wipe all hard drives or overwrite the files. Remove… Read More…

What Are Your Barber Shop’s Insurance Needs

Just like any other type of business, setting up a barber shop requires the owner to take early precautions in order to secure his business’ future. One of these precautions involves looking into the insurance needs of his venture. Here’s a list of some coverage that should be considered for a barber shop: Property, contents… Read More…

Reducing Your Business’ Liability Risks

There are risks in all kinds of business, and many of these risks can lead to major financial trouble when left unmitigated. Before the worst happens, and before your company is forced to face a liability claim that’s too much to for you handle, make sure to follow these guidelines: Schedule regular safety inspections. Inspect… Read More…