Security guard insurance covers security companies and sole proprietors for general liability, professional liability, business property, and workers’ compensation. Multiple policies form what’s called security guard insurance, and the total minimum premium for all core policies can start at $7,300 annually. When looking for a provider, it’s important to find one that has high limits…
Dance studio insurance is a policy, or combination of policies, that protects your business against liability claims and first-party losses. Dance studios should consider a business owner’s policy (BOP), which combines liability and property. Dance instructor insurance policies for private dance instructors or independent contractors are general liability and professional liability. For a studio, policies…
Insurance for veterinarians covers the risks of caring for animals, dealing with pet owners, and running a medical facility. It is a combination of multiple policies, including general liability, malpractice, commercial property, and animal bailee insurance. The average cost for these policies can range from $4,300 to $8,300. The best veterinary insurance provider should offer…
Business owners wanting to keep workers’ compensation costs down need to reduce compensable injuries among their employees. One of the best ways to do that is to address risk exposures. To help you reduce injuries, we’ve compiled the six most common workplace injuries with tips on how to avoid them. This list is compiled from…
The best cyber insurance companies offer a 24/7 hotline for cyber response and risk management services. We’ve reviewed 19 carriers using our proprietary rubric evaluating financial stability, customer satisfaction, convenience, and policies offered. Here are the six best providers: : Best overall provider for cyber insurance : Best for restaurants and retail businesses : Best…
Electrical contractors will need an insurance company that is responsive and affordable and can provide enough liability and property coverage for their job. Using our proprietary rubric focusing on financial stability, customer satisfaction, convenience, and the policies offered, we surveyed 15 carriers to find the six best electrician insurance companies: : Best overall provider for…
If your business is the victim of a cyberattack, you have to deal with costly expenses from data restoration, investigations, customer notifications, regulatory fines, and legal fees, among others. Cyber liability insurance can help mitigate the cost of the incident and provide legal counsel and defense. The estimated premiums for a cyber liability policy range…
The difference between bonded and insured is that a bond serves the third party, whereas insurance can protect both the policyholder and claimants. Saying you’re bonded means you purchased a surety bond that offers a limited guarantee to an obligee (customer). Meanwhile, having insurance means you purchased an insurance policy, which usually will have a…
