Renting is a smart choice for many Connecticut residents, but many individuals choose to forego renters insurance. Knowing what’s covered and what isn’t covered in a Connecticut renters insurance policy is crucial for understanding how to protect your possessions and your finances. Your Coverage Options Whether you’re renting a townhome, apartment building or college dorm,…
3 Things To Know About Pollution Liability Insurance
As environmental concerns and regulations increase, businesses and organizations are looking closely at their pollution output and how best to manage it. Since it’s not always possible to avoid or reduce exposure, for many, the solution is pollution liability insurance coverages. 1. What It Is Pollution liability insurance protects covered individuals from the effects of…
Potential Liability Claims Against Consultants
Consultants generally work as independent contractors and bear the responsibility of purchasing their own health insurance, auto insurance, and general liability coverage. The nature of their tasks opens them up to the increased potential for lawsuits in areas of errors and omissions risks, raising the need for a consultant professional risk insurance plan. The Potential…
Why Commercial Auto Insurance Is Good for Business
Good business owners understand that certain types of insurance protection are needed to address various aspects of their business: General Liability: Covers slips and falls in the office and field Property: Protects the building and its contents from certain types of damage, including fire and water Workers Compensation: Covers injuries to employees while on the…
What You Need to Know About Crime Insurance
Workplace crime costs businesses in the United States around $50 billion per year. No matter how large or small your business is, there is a good chance that you’ve experienced some form of crime. Fortunately, this is where a crime insurance policy comes into play. What It Covers Crime insurance covers almost any crime committed by employees,…
Choosing Commercial Truck Insurance to Fit Your Business’ Needs
Operating a fleet of commercial trucks involves highly organized oversight and comprehensive risk management. Obtaining insurance coverage that meets the full scope of your business’ risk exposure is a fundamental facet of proactively managing risk exposure. To make sure that your business is fully protected, you need to consider the full range of coverages that…
What Is Lender Placed Hazard Insurance?
As part of a borrower’s agreement with a real estate lender, the borrower will remain sufficient insurance coverage on the property. When the borrower fails to maintain insurance or purchases a policy the lender deems acceptable, then the lender must purchase lender-placed hazard insurance in order to protect their financial interest. Does the Borrower Pay Back the…
Protect Your Company Against Cyber Claims
In the last few years, cyber claims have become one of the top liability claims filed against companies. General liability insurance will cover bodily injury and damage to property that resulted from the operations, products, or services offered by your business. Cyber insurance is a separate type of coverage that typically covers liability for a…
What Is a Residential Care Facility?
Residential care facilities offer an important type of housing to individuals who need ongoing help. They are managed and staffed by dedicated personnel who are committed to helping residents maintain a good quality of life. Who Do Residential Care Facilities Serve? In understanding what is a residential care facility, it’s important to fully understand who…
The Risks Associated With Boat Building
During the process of building a boat, the follow-up sea trials, and the final delivery, a lot can go terribly wrong. Whether it be a setback that delays the completion date or accidental damage to a portion of the completed, marine builder have a lot to consider when taking on new projects. A risk management…