Commercial crime insurance is an insurance policy for losses to your business because of criminal acts, such as employee theft or third-party fraud. Commercial crime coverage can be bundled with an existing commercial property policy or purchased as a stand-alone policy. Stand-alone crime insurance costs between $650 and $2,500 yearly. Getting crime insurance online quickly can be…
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EPLI Insurance: Cost, Coverage & Best Providers 2024
Employment practices liability insurance (EPLI) protects small businesses from liability arising from employment practices as they relate to 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 stand-alone policy for $800 to $5,000 per year or…
6 Ways To Save Money on Business Insurance in 2024
When shopping for insurance, you’ll likely need to strike a balance between finding the cheapest business insurance and purchasing a policy that will protect your business. Good news—it’s possible to find quality coverage at an affordable price! Start by identifying the right policies for your business and bundling those coverages. Then, compare insurance companies’ offerings…
Quick Guide to Workers’ Comp Insurance for Self-Employed 2024
Workers’ comp insurance for self-employed individuals is a policy business owners buy for themselves in case they’re injured while performing job duties. A self-employed workers’ comp policy can pay for lost wages and related medical bills, allowing the self-employed business owner to keep their business afloat while they recuperate, or it can be a ghost…
What Is Quiet Hiring? A Closer Look at This Hiring Trend
Quiet hiring is a strategic approach companies adopt to fill roles or enhance skills within their organization without resorting to traditional hiring processes. Instead of bringing in new employees, businesses assess and reallocate their current workforce, promoting internal growth and versatility. This method focuses on utilizing the latent talents and capabilities of existing employees to…
Food Vendor Insurance: Cost, Coverage & Best Companies
Food vendor insurance is a policy or a combination of policies that food vendors need to protect their businesses from the financial loss of a claim. The average annual cost for the most common policy, general liability, ranges from $350 to $1,000, with a coverage amount of $1 million per occurrence and $2 million aggregate….
The Ultimate Guide to Small Business Advertising
Some time after filing your LLC and before your grand opening, you’ll start advertising your business. Advertising can mean posting pay-per-click (PPC) ads on Google or broadcasting commercials on television or radio. So many kinds of small business advertising exist, and it’s nearly impossible to list them all. At the same time, you’re probably wondering…
Hair Salon Insurance Cost & Coverage
Hair salon insurance refers to any insurance policy that salon, barbershop, and spa owners may purchase. General liability is the broadest and most common type of hair salon insurance. Beauty salon insurance costs range from $360 to $6,900 per year, depending on the policies you need. The higher number represents a smaller group that has…