Commercial insurance is not one-size-fits-all, but there are features that even very different businesses have in common. Offices are an exposure that nearly every business has, from accounting firms to web engineers, and from one-person offices to a ten-story office building filled with hundreds of professional employees. The coverage your business needs will depend on
One of the toughest parts of commercial insurance is identifying all of the exposures a business might have. I met with a new client yesterday, Darth Vader, who is the Operations Manager for a business called The Empire. It sounds like they have several operations, including security, as well as logistics, and project management. I
The majority of auto accidents are caused by driver error, whether it be following too closely, speeding, driving distracted, driving under the influence of alcohol or drugs, or any other variety of reasons. As a business owner, you have control over who’s operating your vehicles and you should take this responsibility seriously. Don’t underestimate the
2020 was a year of extremes on many fronts. But just focusing on storm fronts, experts tell us the US experienced 22 separate billion-dollar weather-related disasters last year. At this writing, the Insurance Council of Texas anticipated that the state’s February 2021 extreme weather will result in the largest claim event in Texas history. The
It seems like every day we are hearing of a new accident caused by distracted driving. Whether it was caused by someone texting, scrolling on their phone, or just not paying attention to the road, distracted driving accidents are all too frequent and often fatal. In fact, according to NHTSA, distracted driving killed 3,142 people
Data privacy will be a top trend for businesses in 2021. Today, virtually every nation has enacted laws that impact data privacy—or they are actively considering them. Failure to protect customer and employee information can have costly consequences. Business leaders will need to stay on top of this highly complex and evolving area of compliance.
I am sure most of us would agree that spring is such a beautiful time of year! More sunshiny days, warmer weather, flower buds starting to pop up…and SPRING CLEANING. Who’s already started their spring cleaning tasks? It’s a great feeling to do and get done, right?) For businesses, this is a great time of
Contractors have enough items to juggle without adding insurance into the mix; however, insurance-related issues are often unavoidable and, in some cases, misunderstood. Sure, it’s easy enough to determine how much coverage is needed for tools and equipment and it’s usually no big deal to obtain insurance for vehicles and trailers associated with your business.
It’s snowin’ and blowin’ everywhere in Ohio right now and in much of the U.S., but like my grandma says, “It’s that time of year!” There are times when we have to venture out, even during and after winter weather events. When there are snow and ice on the ground, it can be dangerous for
When I’m completing a risk management review for one of our commercial partners, the most common area of losses we discuss are fleet claims. Whether your company has one vehicle or 100, having drivers out on the roadway poses a constant risk to your vehicles and employees. I often run into attitudes such as “Well,