If you’re hosting or participating in an event, special event insurance protects you against injury, property damage claims, and cancellation. Using our evaluation system focusing on financial stability, customer satisfaction, convenience, and policies offered, we reviewed more than a dozen providers to find the six best companies for event insurance: : Best overall : Best…
Whether you’re a snowbird or rent your home out periodically, you need vacation rental insurance. We reviewed over a dozen insurance providers using our evaluation of financial stability, convenience, customer satisfaction, and product offered and determined the five best providers for short-term rental insurance. : Best overall : Best for a primary residence : Best…
Small business owners who sell or serve alcohol need to ensure they have the best protection in place. We researched over 20 insurance providers using our evaluation system focusing on financial stability, policies offered, customer satisfaction, and convenience to find the six best companies offering liquor liability insurance. : Best overall : Best for bundling…
Special event insurance is a liability insurance policy for a business, vendor, or individual hosting an event. The policy provides coverage for injuries and damaged property, with additional options such as weather cancellation. Special event insurance is a one-time payment policy, with the average cost being $277. If you need a quick and easy way…
Commercial crime insurance is an insurance policy for losses to your business from criminal acts, such as employee dishonesty or third-party fraud. Commercial crime can be bundled with existing coverage or purchased as a standalone policy. Standalone crime insurance generally costs on average between $650 to $2,500 yearly. Small business ownership has an inherent crime…
Vacant home insurance covers unoccupied homes for an extended period, and it typically costs 50% to 60% more than your traditional home insurance policy averaging around $2,170 yearly. Empty 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 several…
Key man insurance, or key person insurance, is life insurance coverage a business takes out for an individual employee who is crucial to the financial success of the company. The business purchases the policy, pays the premiums, and is the beneficiary in the case of the death or disablement of the key person. A 20-year…
Employment practices liability insurance (EPLI) is insurance to protect a small business from liability arising out of its employment practices as it relates to its employees. Claims against the business for wrongful termination, sexual harassment, or gender discrimination are examples of employment practices that EPLI covers. Small businesses can purchase EPLI as a standalone policy…
