As a Real Estate Investor having the right insurance policies in place is critical for protecting both your business and your assets. Knowing which lines of coverage you need comes down to fully understanding your exposure. The phrase “Real Estate Investor” can mean so many things these days. From wholesaler, to hedge fund manager, [...]
With so many moving parts to their business, shopping insurance for restaurants can quickly get pushed down the priority list. Hiring, training, placing food orders, mitigating food waste, accounting, payroll, etc…compared to other businesses the number of things to worry about can be overwhelming. As a result the restaurant insurance is often put on the [...]
Setting up the correct insurance for plumbers almost always requires a multifaceted approach. There are many moving parts in with plumbing business insurance, and making sure you have the right insurance coverage in place is important to protect both your business and your clients. The following are the most common plumbing contractor insurance requirements: Workers [...]
Getting the correct insurance for electricians set up almost always requires a multifaceted approach. There are many moving parts in an electrical contractors business, and making sure you have the right insurance coverage in place is important to protect both your business and your clients. The following are the most common electrical contractor insurance requirements: [...]
Requirements to be comp exempt vary by state, industry, the size and structure of your business and even how you pay for your labor. Companies that fail to carry required workers compensation insurance can face fines, lawsuits, or even criminal charges. While the number of employees which would enable a business to be comp [...]
Does your current insurance agent sell business insurance in addition to home, auto, motorcycle, health, life, and pet turtle insurance? Would you trust a general contractor to fix your truck? Then why would you trust a general agent with your business insurance? I know what you are thinking…”You can’t really compare a mechanic general [...]
Being a commercial lines insurance agent at Viking Insurance Services, I inherently speak with a lot of business owners on a daily basis. As a commercial lines insurance agency specializing in bringing clients out of the workers compensation assigned risk pool, a lot of those business owners are in their state workers compensation risk [...]
Self-employed business owners which have a requirement to carry workers compensation coverage often obtain what is referred to as a ghost policy. The term “Ghost Policy” simply refers to a workers compensation policy where the owner is excluded from coverage and they have no other employee or uninsured subcontractor payroll. [...]
Companies have a tendency to put every possible service they might ever perform on our websites, and that very well may be the reason that you are paying more for your commercial insurance than you should be. Learn By Example I always feel that its easiest to learn by example, so, here’s an example [...]
As an insurance agent there are two things that I hear from prospective clients more than anything else: “I have an insurance agent already” and “I’ve been working with the same agent for years.” Those statements are usually followed closely by some variation of "How can you do it for less" or “What kind [...]
