The success of your business depends largely on the decisions you make as the owner. When it comes to selecting the right insurance for your organization, for example, it helps to know all of the ins and outs of the industry. The more you learn about your options, the easier it will be to make…
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3 Tips for Auto Safety Inside a Warehouse
Warehouse associates experience many hazards as part of their daily jobs. Besides spending 8 to 12 hours standing on their feet, some also must work in high-traffic areas with forklifts, golf carts, and even cars and trucks. To maintain auto safety in a warehouse, try these 3 strategies. Implement Pedestrian Zones Overhead walkways are the…
Read MoreProtecting Libraries From Theft
Libraries offer vital resources that go beyond loaning books for the communities they serve. They also generally operate on tight budgets. Replacing stolen property can take a significant bite out of operating costs if it occurs on a large enough scale. Library theft, however, is a serious and ongoing issue. Addressing the threat requires a…
Read MoreSafeguarding Your Valet Company’s Operations
Running a valet service requires several key safeguards to protect your company’s operations. It’s important to adopt good hiring and training practices and carefully planned operating policies and procedures. Accident prevention protocols in addition to comprehensive insurance coverage can help you protect your operations against exposure to claims for personal or property damage. Training Your…
Read More5 Reasons to Keep Your Miscellaneous Professional Liability Plan
If your business has been trying to cut costs, perhaps you’ve considered dropping some of your supplemental insurance coverage. This is never a good idea, although many companies look at their Miscellaneous Professional Liability (MPL) coverage as being an unnecessary expense. It sounded good when talking to the broker, but now it seems likes a…
Read MoreHow Does Indemnity Work?
The majority of insurance policies contain an indemnity clause, which is an essential form of compensation that covers loss or damages. An indemnity clause can also describe an exemption from liability for damages or loss. To better understand this crucial form of insurance, here is an overview of how indemnity payments work. Understanding Indemnity In…
Read MoreWorkers’ Comp Coverage for Seamen
When considering the options for mariner liability coverage, there is some confusion over what is required by federal regulations and what is simply suggested policy inclusions. While on land, state and federal regulations require most businesses to provide workers’ compensation coverage to their employees. However, according to the group at Merrimac Marine Insurance, once a…
Read MoreBreaking Down Professional Liability
One of the more challenging aspects of being an entrepreneur is choosing the right insurance policy for your new business. Whether it’s the number of available options or just the lack of familiarity with the terminology, the process of researching and purchasing insurance can lead to frustration, even leading some to make rushed decisions that…
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