Commercial general liability insurance coverage, or CGL coverage, protects businesses from financial losses due to third-party bodily injury, property damage, and personal advertising and reputational harm claims. A small business owner with a yearly revenue of around $200,000 can generally expect to pay $170 to $13,000 annually. The wide range reflects the inherent risks of…
Insurance
5 Best Short-term Rental Insurance Companies 2024
Whether you’re a snowbird who rents your home out periodically or a rental homeowner who rents out the property for an extended time, you need vacation rental insurance. We reviewed over a dozen insurers using our proprietary rubric and determined the five best short-term rental insurance companies: : Best overall for vacation rental insurance :…
5 Best Landlord Insurance Providers 2024
Landlord insurance protects your investment from harm and your business from liability exposure. The best landlord insurance companies make it easy to get insurance, manage your policy, and customize your coverage. For real estate developers working across state lines, the best landlord insurance providers offer insurance in every state. Using our proprietary rubric, we evaluated…
6 Best Small Business Insurance Companies April 2024
When shopping for the best insurance for small businesses, look for companies that offer multiple types of policies with tailored coverage and outstanding customer service, like 24/7 claims availability and instant access to a certificate of insurance (COI). With a great insurance company, managing your policy and getting answers to your questions is easy—and with…
Vacation Rental Insurance: Coverage, Cost & How it Works
The common risks associated with owning a rental property are protected by vacation rental insurance. This policy is similar to a homeowner’s policy: it provides coverage for the structure, contents, and liability, plus income loss protection. Vacation rental policies can range from $1,740 to $2,820 a year for a small, single-family home. For a quick…
Freight & Cargo Insurance: Cost, Coverage & Providers
Cargo insurance, a form of inland marine insurance, is an important part of protecting the global supply chain. It pays the value of shipments, up to coverage limits, when shipments are lost, stolen, or damaged. Certain businesses that ship goods need cargo insurance, but those that ship infrequently can get coverage for single shipments. Small…
Crime Insurance: Cost, Coverage & Providers
Commercial crime insurance is an insurance policy for losses to your business because of criminal acts, such as employee theft or third-party fraud. Commercial crime coverage can be bundled with an existing commercial property policy or purchased as a stand-alone policy. Stand-alone crime insurance costs between $650 and $2,500 yearly. Getting crime insurance online quickly can be…
Food Truck Insurance Cost & Coverage
Food truck insurance is a term for policies that cover your truck, property, equipment, employees, and liability. Food truck insurance costs vary depending on many factors, beginning with your truck: the type of vehicle, its age, and the value of equipment installed in it. Additionally, the total price will depend on the policies you purchase….