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Building Blocks For New Business Insurance Policies

Insurance Agency in Needham

Finding an insurance agency in Needham to cover your new business may not be high on your priority list but it should be. After all, if something were to happen, whether a lawsuit or property damage, your business ability to continue to grow in the face of adversity will depend on your agency and the coverages within your policy. As you search for the right agency to work with, here are three key coverages that you should be sure to carry that will serve as building blocks for the rest of your policy.

Commercial Liability Insurance

Commercial liability insurance is intended to serve as general coverage for your business against lawsuits where a third party suffers an injury or property damage because of your business. Your policy would cover your legal costs including attorneys fees, settlements or judgments.

Professional Liability Insurance

Professional liability is specific coverage for third-party lawsuits claiming that an error on your part led to them experiencing a loss. In the medical field, its usually referred to as malpractice insurance, but it’s critical for those in other fields as well.

Property Insurance

Property insurance protects your belongings including your building, equipment, furniture and digital assets. If your covered items become lost or damaged because of a fire, storm, vandalism or theft, your policy will pay for their restoration.

With these three coverages, you’ll be ready to build out the more specific aspects of your policy. Working with an experienced insurance agency in Needham can ensure your policy is crafted to meet your needs.

Insurance Recommended for Cemetery Owners

cemetery insurance

As quiet and serene as cemeteries may seem, there’s a lot of work that goes on behind the scenes to keep them feeling that way. Cemetery management is a complex and multifaceted operation, and as with all other complicated businesses you want to make sure you have the appropriate protection. If you own a cemetery you should carry cemetery insurance to make sure any and all possible liabilities are covered.

Types of General Insurance Coverage

General Liability: This coverage will protect you from damage you may be responsible for creating.

Commercial Property: Policies are designed to protect all of your buildings and facilities. You’ll most likely want to make sure that headstones and any memorial plaques or decor are covered under this policy.

Automobile Insurance: Don’t forget that any time a vehicle is used for business you will be held liable for any damage.

Types of Cemetery Specific Coverage

Historic Property: If your cemetery is located on historic property or you own historically significant facilities you’ll want to look into cemetery insurance coverage that’s specifically designed for that purpose. If any repairs or renovation is needed for historic facilities you will quickly learn that they are very different from your average household repairs.

Cemetery Professional Liability: This coverage is designed for “mental anguish” claims and any damage cause to property that’s specific to cemeteries, such as caskets.

What to Look for in an Insurance Wholesaler

What to Look for in an Insurance Wholesaler

As an independent agent to the trucking industry, you deal in niche insurance solutions. To find a quality insurance wholesaler, you need a company that understands the unique risks of truckers. Here is what you need to look for when searching for an insurance wholesaler.

Necessary Packages

There are a lot of different packages that you’ll be able to offer your clients. Like any insurance policy, there are necessary policies and there are policies that some truckers don’t need. Here are some of the coverages that you need to make sure that you have access to:

Primary liability insurance

General liability insurance

Motor truck cargo insurance

Physical damage insurance

Medical payments coverage

Workers compensation coverage

Uninsured motorist coverage

The more options that a wholesaler gives you, the more likely you are to be able to serve your client’s needs.

Experience in the Industry

Does the wholesaler have experience in the industry? With experience comes the knowledge that other insurance wholesalers might not have. Look for a company who specializes in niche coverages, particularly when it comes to the trucking industry.

To find a trucking insurance wholesaler is easy when you know what to look for. Experience, knowledge and a variety of packages are what you need to keep your clients happy. This is what you should be on the lookout for in regards to trucking insurance.

How Insurance Can Protect a Cleaning Company

cleaning business insurance and bonding

When operating a cleaning company, it’s important to have enough workers and supplies, but what about insurance? Believe it or not, this is more important than most company owners realize. Here are a few things to know about why cleaning business insurance and bonding is crucial to have to protect a business.

Insurance Can Protect Against Accidents

Accidents occur on just about any job, including those where cleaning is involved. It’s possible for employees to slip and fall while cleaning, which can lead to worker’s compensation cases. The homeowner or business your company cleans for can hurt themselves too, as a result of employee carelessness. Having insurance that offers general liability can offer the solution you’re looking for.

Coverage Plans That Are Easy for You

It’s now possible to find an insurance company that offers payment plans and is flexible enough to work with you. It’s not unheard of for companies to offer 24-hour services to help you with a claim no matter what time it is. This makes it easier to focus on the business.

When seeking cleaning business insurance and bonding, it’s important to have the right coverage. This protects both employees and customers in the event of an accident. Many insurance companies offer several different plans, making it easy to get help any time of the day or night.

Protect Important Items With Valuables Insurance

palisades insurance

Protect Important Items With Valuables Insurance

It stands to reason you own a number of items that you would like to keep secure. Whether you’ve been given a family heirloom or you recently purchased a piece of jewelry that cost a significant amount of money, these possessions tend to rank pretty high in regards to personal importance. To keep yourself and your assets protected in the event of damage, loss, or theft, you may want to consider taking out a Palisades insurance policy.

You Never Know When Disaster Might Strike

Keeping your valuables safe is all about taking precautionary measures. An insurance policy designed to cover valuable items can do wonders for your feelings of security. These plans can often be customized to include a range of different coverage options, including:

Protection in the event that a sensitive item is damaged or destroyed

Coverage for groups of items as well as individual pieces

Itemized coverage

Additional Coverage Considerations

Since valuables can take many forms, there are also additional policy options to take into consideration. When exploring your policy choices with Palisades insurance valuable coverage, be sure to ask about:

Protection for valuable art pieces

Coverage for items stored in protected bank vaults

To ensure you have important valuables in your life for many years to come, you need to take action. Consider taking out Palisades insurance to cover your valuables and stay protected.

Most Common Types of Production Insurance for Filmmakers

film production insurance

The key to getting the best film production insurance is to make sure that it’s catered to your specific project’s needs. Since no two film projects are alike, you will want to assess your liabilities and coverage needs before each and every project. Film production insurance can protect you, your company and/or the project from costly claims and provide the coverage you need to ensure you complete your project with confidence.

Four Most Common Types of Production Insurance

General Film Production Insurance: This is a standard package policy which usually includes general liability, commercial auto insurance and worker’s compensation. Depending on the policy it may also cover costs tied to production schedule changes because of inclement weather, damaged sets and/or equipment failure.

Cast Insurance: This coverage can protect you from costs associated with losing an actor, director or other key personnel necessary to complete your film. Cast Insurance coverage actually represents the largest number of film-related insurance claims.

Completion Bonding: Completion bonding coverage is important because it protects you from situations which may otherwise make it impossible to complete your film. There are so many situations that can arise and jeopardize the completion of your film.

Errors and Omissions: Errors and Omissions insurance provides coverage for lawsuits that arise out of issues such as personal rights or slander.

Although these are the most common types of film production insurance you want to make sure policies meet your individual needs.

Timeshare Insurance: Do You Need It?

timeshare liability insurance programs

Timeshare Insurance: Do You Need It?

If you want to make the most of your trips, then you might want to think about timeshares. Timeshares allow you to vacation in your favorite destination. If you purchase a timeshare, however, you may need to have it insured. Here are the situations where you need timeshare liability insurance programs.

Deeded Ownership

If you have a deeded ownership timeshare, you live in one place a few weeks out of every year. When you are not there, other people will use it. Now, you own the unit and may sell, lease or donate it. If you have this type of timeshare, you need insurance.

Types of Insurance

If you have deeded ownership, then the first insurance you need is title insurance. This ensures that the title for the units is clear and owned by you. Next, you need the deeded timeshare property insurance. This covers your property against weather, vandalism, theft or fire. Another policy that you should consider is the comprehensive policy. This will insure the building and your assets. Likewise, it can pay medical expenses, court costs and cover liability.

If you own a timeshare, you need to consider insurance. While there are some circumstances where you may not need it, if you own a deeded timeshare, then you need to timeshare liability insurance programs as crucial purchases.

So What if its Recreational?

unwind

Alcohol has been a part of the history of the United States from its inception. From our Founding Fathers to today’s newest 21-year-old, drinking alcohol for pleasure is a commonality. It would be interesting to see how legalizing marijuana would compare to the anticipation of someone’s first drinking experience. When compared side by side, you may be surprised to see how marijuana and alcohol differ.

Marijuanas Effects vs Alcohols Effects

The side effects of marijuana are minimal and include:

Relaxation and the ability to unwind

Increased appetite (the munchies)

Euphoria and slight confusion (being high)

Temporary short-term memory loss

Compare these side effects to those of alcohol, which include:

Loss of coordination and inability to walk properly

Nausea and vomiting

Impaired judgment

Blacking out (loss of memory)

Binge-drinking is defined as consuming several alcoholic drinks in a short time period for the purpose of getting drunk. Between 2006 and 2010 there were 88,000 reported deaths from over-excess of alcohol. While alcohol poisoning is very real and potentially deadly, none of those worries exist with marijuana. In all of history, there has never been a report of someone overdosing on marijuana and dying.

The truth is that alcohol is more dangerous to the brain than marijuana. If the country were to put the same emphasis on marijuana as it does alcohol, what would happen?

Early Planning for Your Business

small business insurance

Working for yourself is equal parts exciting and scary. Exciting, because you are now your own boss and are capable of making all work-related decisions. Scary, for exactly the same reason! Its a big responsibility to be a small business owner. Making wise choices early on can be beneficial for your company for years to come.

Find Proper Insurance

No matter what line of work you are in, it is always a good idea to have small business insurance. Consider what you may be liable for and what you need to be protected from and find out what policies best suit your needs. Make a list of risks involved with your business and look for coordinating small business insurance. For example, if you run a restaurant you should look into aspects like:

General liability

Business interruption

Equipment breakdown

Have a Business Plan

Serving as a compass for the direction of your company, a well-drafted business plan is one of the smartest things an entrepreneur can create. What do you need to include in your plan? A few tips are:

Your budget: daily, weekly, monthly, yearly. Know exactly where every dime is going. Research on the industry you work in, as well as research on your competition. Your vision and your goals. Where do you see this company a year from now? A decade from now? Detail your goals and make plans to set them in motion.

Your business is your dream come true. Making good decisions in the early stages can help to keep it healthy for many years.

Tips for Buying Car Insurance

VA auto insurance

When you’re considering purchasing a new policy for your car, there are a lot of factors to consider to ensure you’re getting the best policy for your vehicle. Next time you’re looking for VA auto insurance, consider the following tips.

Choose the Right Coverage

One of your first steps should be to decide on how much coverage youre going to need. It may depend on a number of factors, such as how old your car is or whether youre still making payments on it . Once you determine your level of coverage, you can begin shopping around.

Look at Your Driving Record

Your driving history can factor into how much your insurance will cost. If you have a clean record with no tickets, you should expect to pay a lower premium than if youve had multiple tickets or points on your license.

Get Quotes from Multiple Sources

In order to be sure youre being offered the best rate, you should get auto insurance quotes from multiple sources. Getting a quote doesnt take much time, and having multiple quotes to review can help you make a more informed decision regarding your coverage.

Don’t Forget Discounts

Check with your potential car insurance companies to see what discounts they offer. Most companies offer military, student, good driver or bundling discounts, so check to see if theres one that fits your lifestyle because it could save you a little extra money each month.

Getting the right coverage for your car can be easy and straightforward if you know what youre doing. If you follow these tips, you should be able to find the right VA auto insurance for your vehicle.