As part of a comprehensive business owner policy, you should have workers’ compensation for your business. Here’s why: Benefits for the Business In the event that an employee is injured at work, they may have the power to sue the company for negligence. If you want to avoid the legal fees and trouble of a […]
Tag Archives: Redwood Agency Group
29
Oct
Oct
One thing consistently left out of basic property insurance is flood protection. If you want to protect your home from flooding, you need to buy additional flood insurance or add a rider to an existing property coverage policy, such as your homeowners (or renter’s or condo) insurance. Flood insurance is a type of catastrophe coverage […]
29
Oct
Oct
Boat insurance covers any type of watercraft, from pontoons to yachts, and is a great way to protect your investment and protect yourself from liability. Coverage Boat insurance covers the boat and all items needed to safely operate it, including the hull, machinery, fittings, furnishings, and permanently attached equipment. You can purchase additional coverage for […]
29
Oct
Oct
Many landlords now require tenants to hold renter’s insurance. The good thing is renter’s insurance is inexpensive and easy to buy. Why is it important to have renter’s insurance as a tenant? Theft Coverage The value of your possessions is likely higher than you think it is. The average renter has $20,000 worth of possessions. […]
29
Oct
Oct
Each state has its own requirements for how much insurance you need to hold as a car owner. It also depends on the year and make of your car, whether it’s new or used, where you live, your driving record, your financial situation, and more. Most Americans spend $120 per month on their car insurance. […]
29
Oct
Oct
If you get hurt on the job, you might be facing medical bills while worrying over lost wages from not being able to work. Business owners have insurance to help cover your medical bills in a mutually beneficial settlement. Workers’ compensation is payment for the worker, should they become injured or disabled as a result […]
29
Oct
Oct
In short, a Business Owner Policy (BOP) is a bundle that covers all the basic insurance needs to protect a business owner’s property, aid during business interruption, and cover liability. These are for small or mid-sized businesses. Building and Business Property Insurance Standard property protection covers defined risks, which is referred to as named-peril coverage. […]
29
Oct
Oct
Casualty insurance protects businesses, employers, and individuals from liability due to damage, loss of property, and more. This includes vehicle insurance, theft insurance, and liability insurance. Casualty insurance can also encompass worker’s compensation for businesses. To be clear, liability loss is caused by the insured’s interactions with others and their property. This coverage can protect […]
29
Oct
Oct
Your home is probably the largest investment you will make in your lifetime. To protect it, it is crucial to have homeowner’s insurance. This covers you in the event of damage to your home, personal liability for accidents, and hotel rental while your house is being rebuilt. For any damage from a covered event, your […]
29
Oct
Oct
Commercial insurance is a type of business insurance, which has quite a few off-shoots. Generally, business insurance protects a business from fire, theft, and natural disaster damage as well as liability, keeping it safe from lawsuits and unexpected replacement costs. Commercial insurance is intended to cover equipment and furnishings of the business, and can often […]