Tax prep professionals face risks and liability just like other business owners. Their insurance coverage must account for these unique risks and protection from serious financial losses. Keep reading to learn how tax preparation business insurance can provide this protection. What Is Tax Prep Insurance? Tax preparers handle sensitive financial data. They must also ensure thatRead More…
Transparency, employer control of benefit programs and eliminating carrier profit margins often top the list of why a business moves to self insuring workers comp. While these, along with limiting taxes, seem beneficial, a business needs to complete careful calculations before making the move. How Self Insuring Works Moving away from a fully insured carrierRead More…
There is no denying that the rise of school shootings in U.S. classrooms is alarming. These events do damage that extends far beyond the schools and communities where they happen. While the task may seem impossible in the current climate, preventing school shootings is a goal that must be worked on. The following tips canRead More…
With drones becoming more popular in use in real estate marketing, it’s important to take a look at whether your general liability insurance covers incidents involving drones. It’s not only accidents while using the drone and potentially damaging property or people. The use of drones has led to privacy claims, which often must be adjudicatedRead More…
Although every business has its challenges, a few are unique to wholesalers. To have a successful wholesale business, you have to overcome these issues. Here are some wholesaler challenges and how to overcome them. Problem: Knowing Exact Profit Margins per Product Although the cost of goods sold will tell you your profits, you do notRead More…
When preparing for the worst, many companies automatically think about damaged and lost property. In the aftermath of a fire or other natural disaster, it’s important to consider what’s been lost and how that affects your ongoing work and future obligations. You’ll need to notify employees, clients, and other business partners that might be impactedRead More…
You may rent out your dwelling as a part of your career or as a way to make some money on the side. Regardless of why you rent, you should understand some risks. Tenants can be unpredictable, so you should be prepared for their actions. Understanding these common risks helps show why rental dwelling insuranceRead More…
There are many working components involved in a single insurance policy. While you may have a general understanding of the basics, such as the risks of your industry and which coverage options aim to reduce your exposures, you may also not know about some of the other factors that can influence your policy. For example,Read More…
Finding the best insurance for your business can often prove a bit more challenging than many realize. Though it might seem like a traditional arrangement is the best way to go about things, you may be surprised to discover that this is not always the case. In fact, there are countless companies that will benefitRead More…
Winter weather can quickly become dangerous for people and homes, and heavy snow can cause damage to roofs, foundations, and pipes. In many cases, your homeowners’ insurance will cover damages related to winter storms. However, that is rarely the case when the damage was preventable with routine maintenance. The following tips can help protect yourRead More…