Small business owners who need commercial auto insurance should look for reliable providers that can offer quality coverage at an affordable rate and that can scale with their business. We compared more than 12 carriers on criteria including costs, policy options, and additional features to determine the six best commercial auto insurance companies. Top 6…
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Commercial Package Policy: What CPP Insurance Is & How It Works
A commercial package policy (CPP) is an insurance policy that bundles coverage for various risks and allows business owners to truly tailor their protection. CPPs often combine general liability with property coverage. Costs vary widely based on selected policies and coverage amounts, but getting CPPs usually saves business owners up to 10% on annual premiums….
HVAC Insurance: Types, Costs & Where to Find
HVAC insurance refers to a group of policies business owners in the heating, ventilation, and air conditioning industry are often required to buy. While most states only require bonds, HVAC companies may also need general liability, workers’ compensation, and commercial auto. HVAC insurance costs start at $350 but can exceed $10,000 for large companies. HVAC…
9 Best General Liability Insurance Companies 2020
Small business owners want to work with general liability insurance companies that are reliable and can offer quality coverage at an affordable rate. We compared more than 20 carriers on criteria such as costs, policy options, and online availability to come up with the nine best general liability insurance companies. Top General Liability Insurance Companies…
CPA Insurance for Accountants: Cost, Coverage & Providers
Certified public accountant (CPA) insurance generally refers to the common types of policies bookkeepers, tax preparers, and accountants professionals need. The primary coverage accountants need is professional liability insurance to pay for their legal fees if clients accuse them of negligence. Insurance for accountants typically costs between $500 to $1,000 annually. Getting the right insurance…
Personal Trainer Insurance: Cost, Coverage & Providers
Personal trainer insurance usually refers to a group of business policies designed to protect a personal trainer’s assets. One common policy for trainers is commercial general liability, which covers third-party bodily injury, property damage, and reputational harm. However, most trainers need other types of insurance, so personal trainer insurance costs between $175 to $1,600 annually….
What Is Personal and Advertising Injury Coverage?
Personal and advertising injury coverage, included in commercial general liability insurance, protects your business against claims typically involving an infringement on a third party’s personal or intellectual rights. It can cover libel, slander, and copyright infringement. Coverage provides defense up to your personal and advertising injury coverage limits, in the event of a claim. What…
Missouri Workers’ Compensation Insurance: Top Providers, Rules & More
Missouri workers’ compensation requires employers with five or more employees to carry insurance for injured employees’ medical bills and lost wages unless they’re in construction. In that case, employers must have workers’ comp if they have even one employee. Workers’ comp premiums in Missouri are at $1.09 per $100 of payroll. Finding workers’ compensation insurance…
15 Great Employee Wellness Program Ideas & Tips
Lifestyle plays an important role in our health, and one way employers can partner with employees in this endeavor is by creating an active employee wellness program. The fact is that there are many different approaches to wellness. We’ll help you narrow the list to what we view as best practices in this arena. Our…
What Is a Surety Bond?
Surety bonds are contracts between three parties: the business owner performing the work, the client requesting the bond, and the business issuing the bond. If a client claims the business owner failed to deliver services as promised, the bond issuer pays the damages. Bond issuers typically require business owners to repay the claim costs. Surety…
Commercial Auto Insurance: Cost, Coverage & Providers
Commercial auto insurance covers accidents involving vehicles used or owned by your business. Third-party liability coverage for injuries and property damage is required in most states, but policies also can include first-party coverage such as medical payments and collision. For small business owners, annual commercial vehicle insurance costs $600 to $2,400 per vehicle. If you’re…
Who Needs Professional Liability Insurance?
The people who need professional liability insurance are usually business owners who make a living by providing advice or services to others. Because these individuals have specialized knowledge and present themselves as authorities, they are exposed to accusations that their mistakes led to financial losses for their clients. Professional liability covers these claims. How Professional…