Insurance TLC for Senior Care Facilities
June 27, 2024
Nursing homes are a vital part of caring for the elderly and disabled. But for them to operate at their best, they need to have adequate protection from financial loss. Just one uninsured catastrophe could hurt the entire community.
There are two primary insurance coverages nursing homes need: property and liability. They are available through stand-alone...
Condo Board Liability Checklist
June 20, 2024
Whether it’s for a small group of flats or a high-rise with hundreds of residents, being on a condo board is serious business. Condo boards make critical decisions that affect building maintenance, operations and residents. Use this checklist as a start for risk planning and stay ahead of your board’s liability exposure. Take meeting minutes...
Tune Up Your Auto Repair Shop Insurance
June 3, 2024
Safety challenges and the potential for substantial financial loss are increasing for service stations and auto repair shops. The escalating cost of used cars and the risks associated with repairing electric vehicles are major concerns garages face.
Your insurance requirements as an auto repair shop are unique, and your insurance broker should be well-versed in your...
Protect Your Business from Social Media Risk
April 30, 2024
Social media platforms such as Facebook, Instagram, TikTok and X provide innovative ways to connect with your customers and market your business. You can communicate changes to business hours, exclusive sales and community activities, and interact with the public through online surveys, customer feedback and sharing.
But social media also poses risks to your business. Your...
A Commercial Umbrella Could Extend Your Liability Coverage for Less Than You Think
April 15, 2024
Post Insurance Services reports that employee lawsuits in the United States have risen a staggering 400% over the last 20 years. And over 40% of those lawsuits are brought against private companies with fewer than 100 employees.
Whether you settle or go to court, it's not cheap. "The cost of settling out of court averages $75,000,...
Cut Your Commercial Construction Risk
April 6, 2024
If you construct commercial or institutional buildings, you know the market for new construction has had its ups and downs. Contractors benefited from an uptick in commercial and multifamily starts in 2021 and 2022 only to see demand fall in 2023 due to rising interest rates and tight credit.
According to construction market research company Dodge...
Don’t Let Risk Eat Up Your Restaurant or Bar Profits
March 27, 2024
People who work in food service often aspire to run a restaurant or bar of their own. Many restaurant owners started their career as an entry-level food service worker. It can be a very rewarding business, especially if you love preparing food and interacting with people.
Managing a restaurant or bar is hectic, though. You have...
What is Product Liability Insurance?
March 23, 2024
Product liability is the legal liability a manufacturer or trader incurs for producing or selling a faulty product. The truth is, if you’re a part of the supply chain and an individual or group successfully proves they were injured by a product you sold or distributed, you are potentially legally liable. And that could cost...
Landlords, are you responsible for snow removal?
March 13, 2024
Who’s responsible when the snowflakes fly and the drifting blows over the walkways at your rental? You might have to clear away a few layers to get to the answer. Snow removal is a problem when you’ve got accessibility and public safety issues to consider.
Read your local ordinance for snow removal laws
It’s best to familiarize...
