Washington, appropriately nicknamed the Evergreen State, is beautiful and one of the leading producers of apples and other fruits in the US. It’s famous for being the headquarters for Microsoft and Boeing, but nonetheless, small businesses make up a bulk of the state’s economy and employment. Small business insurance is an important part of helping…
Ultimate Guide
Employee Theft: Small Business Guide (+ Policy Template)
Employee theft is stealing an employer’s property or misuse of company assets for personal use. It includes the more traditional ideas of theft, such as stealing merchandise or money, as well as stealing confidential data and “time” (i.e., not working as many hours as recorded or performing personal tasks on company time). Our guide takes…
Food Vendor Insurance: Cost, Coverage & Best Companies
Food vendor insurance is a policy or a combination of policies that protect businesses from the financial loss of a claim. This can be a liability claim alleging negligence by the food vendor or a loss to business property. The average annual cost for the most common policy, general liability, ranges from $350 to $1,000….
Dance Studio Insurance: Cost, Coverage & Providers
Dance instructor insurance can either be a policy (or combination of policies) that protects your business against liability claims and first-party losses. Whether you’re an independent instructor offering classes or a business owner looking for dance studio insurance, make sure your business is protected. The best policy for dance studios is a business owner’s policy…
What Is DJ Insurance and How Much Does It Cost?
Disc jockey (DJ) insurance refers to any policy that protects professional DJs from business losses related to claims. Depending on the carrier, DJ liability insurance typically costs $180 to $740 annually for general liability. However, most DJs can expect to pay in the lower price range for the average for DJ insurance. How DJ Insurance…
Interior Designer Insurance: Cost, Coverage & Providers
Interior design insurance is any policy or combination of policies that protect your business from financial loss from a claim of negligence or other types of loss like a fire. The primary policy for an interior designer is professional liability, followed by general liability and first-property coverage, like inland marine and commercial property. Professional liability…
Ultimate Guide to SBA Form 413: What It Is & How to Fill Out
SBA Form 413 is commonly referred to as an “SBA Personal Financial Statement” and is a document representing a borrower’s financial position.
Essentially, Form 413 outlines your financial status across various accounts, income, assets, liabilities, etc. It provides the participating lender with information regarding your overall creditworthiness. It’s one element of the lending decisioning process that can play a major role in your approval status since it can be used to evaluate whether or not you’re able…
Product Liability Insurance: Cost & Coverage
Product liability insurance protects your business from any financial harm you may face from claims that your product caused bodily injury or property damage. This insurance applies to any product you manufacture, distribute, or sell. Product liability costs vary depending on the business, but premiums can range from $250 to $2,000 annually. You can purchase…