Commercial property insurance covers the building that houses a business along with office equipment, inventory, signs, and machinery in owned or leased locations. Small business owners may consider commercial building insurance as a standalone lessors risk policy exclusively for the building or combine other coverage with typical annual costs starting around $750. Top Commercial Property…
All Insurance Articles - Page 9
Plumbers Insurance: Costs, Coverage, & Top Providers
Plumbers insurance is a collection of business policies that cover the risks plumbers typically face. One of these policies is general liability insurance, which covers damages resulting from accidents that cause other people harm. When general liability is combined with commercial property insurance, plumbers insurance costs between $700 and $2,400 per year. Hiscox offers some…
Day Care Insurance: Cost, Coverage & Top Providers
Daycare insurance, also called childcare insurance, is designed to meet the unique needs of businesses in the childcare industry, whether they offer in-home care or run a commercial daycare center. Depending on coverage, annual costs of daycare insurance range from $250 – $800 for in-home childcare businesses to $400 – $2,000 for commercial daycare centers….
Occupational & Speech Therapist Insurance: Cost, Coverage & Providers
Occupational and speech therapist insurance is a combination of insurance policies therapists can use to cover their office and practice while assisting children or adults with development or recovery speech therapy. Insurance for occupational therapists starts at $500 per year for general liability and increases with other coverages for business property or commercial auto. Finding…
Disability Insurance: Cost, Coverage & Providers
Disability insurance is a form of income protection that can cover up to 90% of an employed person’s income on a short- or long-term basis, regardless of how they became injured or disabled. Coverage starts at $300 per year but someone should expect to pay 1% – 3% of their annual income for a policy….
Ocean Marine Insurance: Coverage, Cost & Providers
Ocean marine insurance is a group of policies business owners need when their operations involve maritime activities like shipping items via foreign or domestic waters. Policies can cover the cargo, the ship, or the shipowner’s liability when operating the vessel. Ocean marine insurance for cargo typically costs 0.1% to 2% of the cargo’s value. The…
Food Truck Insurance Cost, Coverage & More
Food truck insurance uses several different insurance policies to cover food trucks, other business property, employees, and other liabilities. Most food truck businesses need more than one type of insurance coverage, including commercial vehicle insurance and general liability. Basic food truck insurance costs start around $2,000 annually but increase significantly for broader coverage. Food truck…
Trade Show Insurance: Cost, Coverage & Providers
Trade show insurance is a specialized liability policy for exhibitors during a trade show or expo. Trade show producers expect to be named insureds on policies that typically have a minimum of $1 million in liability protection. Single event costs start at $150, but businesses that participate in many shows every year may save with…
Products-Completed Operations Coverage: What It Is & Who Needs It
Products-completed operations coverage pays for injuries and property damage caused by a business’ products or operations. This coverage is included in standard general liability insurance and is essential for contractors, service providers, and businesses that manufacture, distribute, or sell goods. Products-completed operations coverage usually costs from $400 to $600 annually as part of a general…
Semi Truck Insurance: Cost, Coverage & Quotes
Semi truck insurance, also called owner-operator truck insurance, is a blanket term for a collection of policies for commercial truck drivers. Many of these policies cover truckers’ legal liabilities in different situations, such as hauling cargo or non-business driving. Owner-operators can expect to pay between $8,000 and $12,500 per year for truck insurance. At a…
19 Insightful Insurance and Insurance Industry Statistics
They say you can’t put a price on peace of mind—but that’s not the case if you look at insurance costs! The insurance industry is a cornerstone for businesses, homeowners, and everyday consumers. Check out these insurance statistics to see just how this industry is growing and changing. 1. Life & health insurance account for…
California Workers’ Compensation Insurance: Top Providers & Rules
California law requires every business with one or more employees to carry workers’ compensation insurance. California workers’ compensation insurance covers employee expenses due to work-related illness or injury and pays their lost wages. Employees who need workers’ comp can expect to pay between $0.40 and $19.68 per $100 of payroll expense. If you need workers’…
