Painters insurance is one or several policies you purchase to protect your business from the financial loss that can result from a claim. The two most common types of painters insurance are general liability, which protects your business against claims that your operations caused harm or damage to a third party, and inland marine, which…
Insurance
Vacant Home Insurance: Providers, Cost & Coverage
Vacant home insurance covers homes that are unoccupied for an extended period. It typically costs 50% to 60% more than your traditional home insurance policy, or around $2,170 yearly. Vacant home insurance costs more than traditional home insurance because unoccupied properties have a higher risk of exposure to weather damage, theft, and vandalism. We evaluated…
Can I File a Workers’ Compensation Lawsuit?
Typically, you cannot file a lawsuit against your employer when you have a work-related injury covered by workers’ compensation. Workers’ comp laws in every state include an exclusive remedy provision that protects employers from employee lawsuits as long as their business has a valid policy in place. However, there are situations that override this protection…
Contractors Insurance Cost & Coverage
Contractors insurance is a policy, or combination of policies, that protect your business from financial harm. This can come from damage or theft of your property or claims by others that during the course of your business, they were harmed or had property damaged. General liability and workers’ compensation are the most common policies. Contractor…
6 General Liability Limits Every Business Owner Should Know
Commercial general liability limits refer to the maximum amount of money an insurance company will pay out on a policy per policy period. The limits are defined in the policy and are listed on the declarations page. Understanding these limits is important for ensuring that you have enough coverage in any given area and are…
New York Business Insurance: General Liability & More
Every small business owner in New York, the third-largest state economy in the United States, needs business insurance to protect their financial assets. The Empire State requires workers’ compensation for all employees, whether they are part time or full time, and a commercial auto policy for businesses with a dedicated vehicle. Important policies to get…
Semi-truck Insurance: Costs, Coverage & Requirements
Semi-truck insurance, also called owner-operator or commercial truck insurance, is a blanket term for a collection of policies for truck drivers. Many of these policies cover truckers’ legal liabilities in different situations, such as hauling cargo or nonbusiness driving. Owner-operators can expect to pay anywhere from $3,000 to $16,000 per year for truck insurance. Whatever…
What Is Premises Liability Insurance Coverage?
Premises liability coverage is an insurance policy that protects business owners from claims of injuries and property damage sustained while on the business premises. By law in all states, an owner of property must make reasonable efforts to ensure that visitors are entering a safe environment. If someone gets hurt on the property, then the…