Cyber liability insurance helps protect businesses against losses resulting from cyber attacks or data breaches. Cyber insurance coverage can include data loss and restoration, extortion, legal fees, and more. The cost of cyber liability insurance depends upon several risk factors but for most small businesses annual premiums will range from $1,000 to $7,500. Who Needs…
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25 Small Business Insurance Mistakes That Cost You Money
Running your own business increases your liability. For this reason, it’s important to protect your business by insuring both your company and your employees. However, some small business owners commit mistakes when taking out an insurance policy, costing them money. We’ve talked to the experts and found the most common small business insurance mistakes that…
What a Certificate of Insurance Is + Free COI Example
A certificate of insurance (aka COI, certificate of liability insurance, or ACORD Certificate) is a document that serves as proof of insurance coverage. These one-page, standardized certificates are governed by the Association for Cooperative Operations Research and Development (ACORD). Certificates will include your insurance coverage, limits of coverage, the certificate holder, authorized representative, and more. Who…
Daycare Insurance Cost, Coverage & More
Daycare insurance, also known as childcare insurance, is designed to meet the unique needs of businesses in the childcare industry, whether the business is operated out of a home or in a service center. The annual cost of daycare insurance ranges from $250 for an in-home childcare business to $2,000 for a larger daycare center.…
Cleaning Business Insurance: Cost & Coverage for Janitorial Insurance
Cleaning business insurance (aka janitorial insurance or janitorial services insurance) includes general liability, commercial vehicle insurance, workers’ compensation, and more. Janitorial insurance coverage costs range from $375 – $5,000+ per year. Every cleaning business, from residential maid services to full-service commercial janitorial companies will need cleaning business insurance. Cleaning business insurance coverage and costs are…
Semi Truck Insurance Cost, Coverage & Quotes
Semi truck insurance, aka owner operator truck insurance, is liability coverage for commercial truck drivers. The cost for this insurance can vary widely. For leased owner operators, semi truck insurance costs range from $1,500 to $2,000 per year. For owner operators with authority, it can cost between $8,000 and $12,500 per year. At a minimum,…
Pilates & Yoga Insurance Cost, Coverage & More
Pilates and yoga insurance includes a range of coverages, including commercial general liability, professional liability, and sexual misconduct. Studio owners, full-time independent instructors, and part-time instructors all need insurance. Depending on the coverage types and limits of your policy, the cost for pilates and yoga teacher insurance can range from $125 – $400+ per year.…
Photographers Insurance Cost, Coverage & More
Whether you run a studio and have employees or work alone as a contracted professional photographer, you’ll want photographers insurance. In most cases that will mean having general liability, professional liability, and equipment coverage. Insurance for photographers may cost $250 to $600 per year, depending on your clientele, venue types, and the equipment you use.…
HVAC Business Insurance: Types, Costs, & Where to Find
HVAC insurance is required by technicians and small business owners in the heating, ventilation, and cooling construction industry. Most HVAC business owners are covered by general liability and workers compensation, although there are other recommended insurance types. Typical cost per coverage ranges from $300-$10k annually, with variable deductibles and coverage up to $1 million per…
Liquor Liability Insurance Cost, Coverage & Who Needs It
Businesses that manufacture, sell, or serve alcoholic beverages generally need liquor liability insurance. Liquor liability coverage will protect the businesses against the cost of claims arising from alcohol-related damages or injury. The cost of liquor liability insurance ranges from $15 – $150+ per month, depending upon the types of coverage needed and other factors. Since…
Food Truck Insurance Cost, Coverage & More
Food truck insurance is a necessity for business owners in the mobile food industry. Most food truck businesses will need more than one type of insurance coverage, including commercial vehicle insurance and general liability. Food truck insurance costs start at $1,300 per year, but can be as much as $7,000 per year or more. Insurance…
Small Business Health Insurance — The Ultimate Guide
If you’re a business with fewer than 50 employees, providing small business health insurance to your staff is optional. There are many small business health insurance options available if you choose to offer it to attract new employees and to keep your current ones happy. However, if you have over 50 full-time employees, you are…
