How to Keep Your Business Afloat

marina liability insurance

While owning a marina can be an incredibly rewarding experience, it also presents unique challenges. Unlike other businesses, marinas and yacht clubs are partially submerged in water by their very nature. Therefore, these companies are at an increased risk for environmental damage that can reduce the quality of the marina and, ultimately, the revenue it brings in. By investing in marina liability insurance, you can transform your property into a safe harbor.

Examine Your Options

There are many different types of insurance available to marina owners. While some types of insurance are beneficial to all types of marinas, others are more specialized. Depending on what services you provide, try to find a company that offers the following options:

  • Facility and grounds coverage
  • Worker’s compensation
  • Pollution and oil spill
  • Member property
  • Hull and liability coverage
  • Regatta liability
  • Sailing school training

Know Your Insurer

The best insurance companies will have a well-established history of insuring marina owners. Look for companies able to provide coverage specific to your needs. Ideally, the staff of your insurer will have plenty of experience on the water, making them better equipped to suggest marina liability insurance that will cover any damages to which you may be susceptible.

Don’t let your unprotected marina sink your business. Find a reputable insurance company able to help you protect your investments and keep you, and your business, above water.

Workers Comp Insurance Can Help Both Employers and Employees

Machine wholesalers insurance

An abundance of laborers often work intensely to bring a wide variety of necessary machines like drills, scanners, engines and much more from manufacturers to retail stores. Though they work behind the scene, frequently unseen by the general public, these workers help make the consumption of these goods possible. Machine wholesalers insurance can help guarantee that these important individuals are well taken care of.

Warehouses are often huge facilities. In order to be able to move the product around and then transport them to stores, intensive physical labor as well as the use of highly specialized equipment will often be necessary. While these professionals are specifically trained in the handling of these equipment, accidents can still occur. Additionally, workers may be hurt carrying the products off the delivery trucks and unto the store’s shelves.

Heavy products falling on the workers or causing other severe injuries may cause them to need surgery and even force them to take time off from work due to disabilities. Fortunately, workers compensation insurance can help cover both the costs of medical bills, as well as the cost of lost wages.

Machine wholesalers insurance is not just beneficial for workers. The owners of the companies may be sued and held liable for any injuries that happened to their employees at work. Therefore, both the employer and the employee can benefit from workers comp insurance.

Why Your oil and gas Company Needs to be Insured

Santa Fe Insurance agency

If you own and operate an oil and gas business, you’re well aware of the potential for risk each and every day. Though you have measures in place to minimize risk and provide a safe environment, accidents can occur. To give your company the protection it needs, you need the choose the best Santa Fe Insurance agency.

Trouble Could be Around the Next Corner

In your line of work, no one wants a mishap to occur. You and your staff work hard to avoid danger and incidents that threaten safety and health. Still, employees and customer can be at risk when you’re dealing with volitale materials and harzardous conditions. Insurance can back you up when something goes wrong.

There are Experts in the Field

The top Santa Fe insurance agency will specialize in protecting companies in the oil and gas space. Thus you can trust that expert professionals will be by your side if the need arises. These agents are well-versed in all oil and gas matters.

Your Business can Continue to Thrive

Accidents with oil and gas can be costly. However, when your company is insured, you have the financial backing you need to recoup any losses and damage.

Choose an insurance agency today. Your business can’t afford to be without this protection.

 

4 Reasons to have Homeowners Insurance

Connecticut home insurance

Having homeowner’s insurance is usually required by your lender and the state where you live. That doesn’t mean it’s the only reason you should have a Connecticut home insurance policy. Here are four other benefits of having a policy for your home.

Protection from Theft

If you’re ever the unfortunate victim of a home burglary, it can be a stressful and devastating time. Having homeowner’s insurance can give you the added peace of mind knowing that your valuables are protected and can be replaced thanks to your policy.

Liability Protection

If someone gets hurt while on your property, it could cause significant financial loss if they choose to sue you. A homeowner’s policy can help defer the costs that may be associated with any medical bills or court fees because of the incident.

Displacement Protection

Should you and your loved ones ever be displaced from your home due to a fire or other incident that makes your home uninhabitable, your policy may come in handy. Most policies will cover accommodations up to a certain amount while your home is being repaired.

Peace of Mind

Having added peace of mind knowing your home and loved ones are protected is a huge benefit that shouldn’t be overlooked. If the unexpected happens, you may not always be able to afford the associated costs out of pocket, and your policy can help defer those costs and ease your burden.

Connecticut home insurance is required for a reason; to protect you and your loved ones from potential loss. It’s a small price to pay to keep everything you work hard for protected.

Major Types of Transportation Insurance

Cargo and transportation insurance is important for a number of reasons. The biggest and most important is that it protects the shipping company and their clients in the event that something goes wrong. There are many possible coverage plans out there; here are a few kinds of transportation insurance in Texas.

Auto Insurance

Business auto insurance is important because it protects the company from taking serious financial damage in the event of an accident or crash. This type of insurance can be used to protect individual vehicles or entire fleets. Closely related equipment breakdown insurance can prevent a company from losing money due to wear and tear.

Cargo Insurance

Other forms of insurance can protect a company from trouble related to the cargo they carry. Physical damage insurance can help a company provide compensation to customers if the products being shipped are broken or destroyed.

Liability Insurance

Liability insurance is important because it helps a company in the event that customers decide to sue. Whether the lawsuit has basis or not, insurance can help cover legal fees and settlements when an issue must be resolved in court.

Worker’s Compensation

Finally, workers compensation and employment practices liability coverage help ensure that a company’ workers are taken care of. These are just a few of the many types of transportation insurance in Texas.

Unique Risks for Florida Business Owners

As a business owner in Florida, you might have heard some talk about unique risks in the area. You’re already aware of the typical weather patterns for this area. Nevertheless, it’s important to remember that hurricanes and high tides aren’t the only causes of flood damage. When searching for commercial property insurance in Orlando, consider adding flood insurance to your business risk protection portfolio.

Why Flood Insurance?

Contrary to popular belief, flood coverage is not automatically part of most commercial property insurance in Orlando. In fact, many home and business owners alike mistakenly assume it’s included, usually to their peril. Besides the weather, Florida’s flat terrain lends itself to higher instances of water accumulation due to heavy rains or rising river levels. Furthermore, the chances of high tides, storm surges and sea level increases due to the melting of land-based ice are some of the expected aftereffects of climate change. Finding out that thousands or millions of dollars in losses aren’t covered can be quite a shock and for a business, it can mean the difference between continuing operations and shutting down for good.

Add Flood Coverage to Your Policies

It’s crucial not to underestimate your company’s insurance needs. Along with your commercial property insurance in Orlando, adding flood insurance will protect against major losses common in the region. Consult your insurance agent for advice on the best packages for your business.

Why Staffing Agencies Need Staffing Crime Insurance

staffing agency insurance

Staffing agencies have particular insurance needs resulting from the work they do. Any staffing agency insurance plan should include Staffing Crime Insurance. This protects both agencies and their clients against many types of crime and theft committed by agencies’ workers.

What is Covered by Staffing Crime Insurance?

Employee theft is a problem for many staffing agencies. Most employee theft involves basic theft, but other business crimes are on the rise. These include the use of computers to transfer funds. Employee theft can include theft of clients’ goods, theft of a client’s trade secrets, embezzlement and identity theft. In many cases, losses resulting from security breaches are also covered.

Who is Covered?

Staffing Crime Insurance protects both staffing agencies and their clients in the event of loss resulting from employee theft and other illegal acts.

What Else May be Included in a Staffing Crime Insurance Policy?

Many Staffing Crime Insurance plans include coverage against:

  • Fraudulent impersonation on behalf of an employee
  • Expenses resulting from security breaches
  • Defense and legal liability

Employee theft is a problem for many employers, and staffing agencies are no exception. However, staffing agency insurance is unique in that both agencies and their clients require coverage against employee theft and other crimes.

 

Questions to Ask When Choosing Insurance for your Bank

insurance for banks

With so many claims of excellence out there, it’s a challenge to find a company that offers the best insurance for banks. When trying to find the perfect fit, ask the following questions to determine if you can trust a particular insurance company.

Is it Accomplished?

In this industry, history matters. You want an insurance company that has proof of its accomplishments. Knowing how long it has been established in the industry as well as what its customers say about it help distinguish a reliable insurance company from the rest of the competition.

Is it Skilled?

A company that offers insurance for banks needs to know what it is doing. Does it employ experts in this particular field? If it understands the regulations of the banking industry and can efficiently assess and manage the risks you face, it’s worthy of your trust.

Is it Competitive?

Your bank needs extensive coverage without the overblown price tag. Does the company propose fair prices comparable to other insurance companies? Does it offer comprehensive and cost efficient packages for the particular size and scope of your bank?

You want to choose a company that not only provides insurance for banks, but will also take your bank’s specific needs into consideration. By analyzing the company’s experience, skillset, and pricing, you can better determine if it is the best fit for you.

Car Insurance Is Often Necessary and Beneficial

cheap auto insurance in Virginia

You may need to have car insurance in order to be able to drive in Virginia. Additionally, having car insurance is often just a good idea, potentially saving you substantial amounts of money in case of a car accident. Unfortunately, car insurance can be very expensive. There is, however, cheap auto insurance in Virginia that can provide you with coverage without requiring you to go over budget.

When driving, you are responsible for maneuvering an extremely heavy machine that can cause serious damage to yourself, your property and other individuals and property. Accidents can lead to damaged cars and bodily injuries, potentially costing you thousands of dollars in repairs and medical bills. If you do not have insurance, you may be personally held liable for the costs if you are sued and found to be at fault.

Many individuals do not have the type of funds necessary to pay these huge costs. Even if the other driver is at fault, taking them to court and receiving the money needed to fix your car or pay for your medical bills can take a while. With car insurance, you can often get the funds you need much faster.

Therefore, it is often crucial for any driver to have car insurance in case of an accident. Getting cheap auto insurance in Virginia can be simple and may really benefit you.

3 Reasons Contractors Should Have Construction Insurance

New Jersey contractors insurance

There is a lot to consider when you have your own construction business in the Garden State, and with so many considerations, adding insurance to the list may seem overwhelming. However, having a comprehensive New Jersey contractors insurance plan can actually bring peace of mind. Here are three reasons you should consider construction insurance.

Insurance Protects Your Clients

While general commercial liability insurance is helpful, it fails to cover many of the specific needs of the insurance industry. For example, a builder’s risk rider will cover the structure while it is in the process of being built, which keeps your client from losing their property in the event of an incident.

Your Employees Will Be Covered

Workers are routinely dealing with heavy materials and expensive machinery on the job. If someone makes a mistake, it can lead to injury, which on a job site is your responsibility. In New Jersey, contractors insurance can cover workers compensation, so your employees to recover and be back at work as quickly as possible.

Construction Insurance Safeguards Your Business

Whether it is risk to the structure, to your workers or your equipment, as a contractor, the buck often stops with you. Working with an experienced broker to find the right insurance coverage for your services can help if there is a flaw in the building design or if your tools are stolen from a worksite. You want to finish your jobs on time and under budget, and a trusted insurance company will support you in achieving these goals.

Finding a New Jersey contractors insurance policy that will cover your needs could be the difference between staying in business or going under if an accident happens.