General liability

now browsing by tag


Protect Your Assets With Commercial Hemp Insurance

Commercial Hemp

There are a lot of risks involved when growing any crop, whether it be natural disasters, disease or pests. While there are many private insurance options and federal safeguards in place for most commercially farmed plants, insuring commercial hemp crops has been difficult, if not impossible, until recently.

Available Coverage

Today, more insurance companies are offering commercial crop coverage designed specifically for the hemp and even the cannabis industry. The policies can provide broad coverage for all stages of crop production. An example of this type of policy, as seen on, is Commercial Crops Living Plants. This insurance coverage is for indoor cultivation operations and is available as part of a package policy. It can include the following coverage options:

  • Seeds
  • Seedlings
  • Vegetative Plants
  • Flowering Plants
  • Harvested Plants
  • Finished Stock

While there are other types of insurance policies that are important in protecting a farm or greenhouse that produces hemp, such as General Liability, Commercial Property and Workers Comp, having Commercial Crops insurance should be a priority. This type of insurance is the best line of defense against natural and man-made disasters that every farm can face. With the growing availability of commercial insurance coverage, it is no longer necessary for commercial hemp farmers to take on this risk themselves.

Public Liability Insurance vs Commercial General Liability Insurance

Liability Insurance

As a business owner, it is easy to get tangled in the public liability insurance vs commercial general liability insurance mix-up. They might seem similar to the uninitiated, but these premiums have their pros and cons, and its up to you to decide which one works for your business.

Public Liability Insurance

A Public Liability Policy is the first line of defense for small businesses. It insulates you from claims made for damage, injury or lost property. For example, one of your carpenters fits a client’s kitchen, then one of the cabinets falls on the customer’s children. The child sustains a broken arm, and everybody agrees you are at fault. PLI insurance can cover the child’s medical bills, leaving you free and dry. Other third parties included in this cover are:

  • Clients who walk into your business
  • Members of the public who sustain injuries during an offsite job
  • Pedestrians who are injured by your sign

General Liability Insurance

General Liability Insurance is an extension of the PLI policy. It goes well beyond the injury and damage claims to cushion your business against liabilities from faulty products, advertising injury and attorney fees. If a competitor decides to file a lawsuit for stealing their advertising ideas, GLI should blanket you from this loss.

According to U.S Risk Insurance, PLI is the starting point of underwriting your business. Once you gain momentum, upgrade to a GLI policy.

Breaking Down Business Insurance For Beginners

glen rock business insurance

Are you looking for Glen Rock business insurance? As a new business owner, its easy to get overwhelmed by all the coverage options that are available on the market. Here is a simple breakdown of three coverages that you should plan to include in your new policy.

General Liability Insurance

General liability protects you in case a third party claims to have suffered an injury or property damage because of your business. In such a situation, your policy would cover your legal fees and other expenses for which youre found liable.

Professional Liability Insurance

Professional liability is great coverage for new business owners. Especially for consultants and other professional service providers, it protects you against lawsuits from third parties claiming that an error on your part led to them experiencing a loss of some sort. Like general liability, your policy would cover all your legal costs.

Property Insurance

Property insurance is essential as it keeps you from having to spend your own money to repair or replace your business property following a disaster. You can have your building, equipment, furniture and digital assets all protected against fires, certain storms, vandalism and theft. Even if all you have is a laptop, property insurance can cover it and your data that’s on it.

More specific coverage options are available depending on your industry and business needs. Work with an experienced Glen Rock business insurance agent to create a policy that suits 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.

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.

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.