Contractors work in high-risk environments where accidents, property damage, or unexpected delays can disrupt business operations at any time. Whether you’re an independent contractor, a general contractor, or run a contracting business, having the right insurance coverage makes it possible to protect yourself, your employees, and your clients. Why Contractor Insurance is Key Contractor insurance provides financial protection in case of accidents, lawsuits, or property...
Understanding business insurance is crucial to protect your company from unexpected risks. As a business owner, you may have questions about how business insurance works, what it covers, and which policies you need. To help clarify these points, here we answer the top five frequently asked questions about business insurance. What Types of Business Insurance Are Available? Several types of business insurance policies are available,...
We typically don’t give much thought to insurance until something goes wrong. In a business, ensuring your coverage is on point could make the difference between recovery and total loss. Understanding what is covered and what should be covered is key to preparing for the unexpected. Our business insurance inventory checklist is a no-nonsense guide to ensure you are not left in the dark if...
It’s tax season once again! As a business owner, you are likely looking for ways to maximize deductions and reduce taxable income. Fortunately, several business insurance policies qualify as tax-deductible expenses under IRS rules. If an insurance policy is both ordinary (common in your industry) and necessary (helpful for business operations), you may be able to deduct the full cost of the premium. Help protect...
Many small business owners choose to operate as limited liability companies (LLCs) for the liability protection they offer. While registering as an LLC can shield personal assets from business liabilities, it will not eliminate all risks. LLC insurance is essential to help your small business weather unexpected challenges, such as property damage, lawsuits, and other unforeseen events. Why Do LLCs Need Business Insurance? While LLC...
