Toms Blog

All businesses are faced with certain risks that may negatively impact its growth, should disaster strike. As a contractor, you have worked diligently and invested time, money, and skill to warrant your business’ success, so isn’t it just as important to have the right type of business insurance in place to minimize those risks that are especially prevalent to your contracting business? A standard N.C. business owners insurance policy will provide protection for covered losses, but you may need to consider the certain exclusions that may apply that could leave you with coverage gaps. Find out the most often overlooked coverage options for contractors that you may not have considered, but may need. Fill the [...]

If you have a business where you utilize fleet drivers, you realize how important driving safety is for your business, the drivers, and anyone else driving on the highways. Accidents involving fleet cars/trucks cost businesses millions of dollars every year so it is important to train your fleet drivers how to handle an accident when and if it happens. Having a plan in place BEFORE an accident happens can help promote safety on the road, increase the driver’s awareness to document information at the accident scene, and in turn, reduce the likelihood of similar accidents down the road. When an accident happens, it is normal for drivers to become flustered and anxious, but it is [...]

Your business depends on your drivers for many things, including the success of your business; but what if you hired someone to be a driver and found out they were not following appropriate safety measures when operating one of your fleet vehicles? Failing to hire safe drivers for your business can cost you your business if you aren’t careful. Before you hire your next driver, recognize 7 tips for hiring safe drivers for your business. Keep in mind there are many different situations where a driver for your business may operate. Sometimes, the driver may be a full time driver, while other times, you may have someone who works for you only drive randomly for [...]

Your business is your livelihood so the protection your business deserves must be solid.  Regardless of how safe you are, adversity can strike at any given moment and when it does, you need to know that you have the right type of business insurance in place to safeguard your business and assets. Simply having a business insurance policy is not enough; you must make sure you have a custom built insurance policy designed to protect your business against risks often overlooked. Because your business is unique and diverse, there are many coverage options available to shield your business from common risks that are characteristic of your business. Some Common Types of Optional Coverage Endorsements That [...]

In order to protect your business properly, you must have business insurance, but do you understand every aspect regarding your business and the protection it deserves? You may hear two terms that coincide quite frequently, but making sure you understand the difference between the two is imperative should something unfortunate happen. If you are a business owner, knowing the key differences between “certificate of insurance” versus “additional insured” is essential to keeping your business in tact. What is a Certificate of Insurance? Simply put, a certificate of insurance is a document that proves there is an insurance policy that is in effect for that particular business. Before any job starts, it is always recommended that [...]