Toms Blog

Consider Business Crime Insurance Today  As a business owner, you know that your business needs and deserves the right insurance protection. But have you considered more than just protecting your building structure and its contents? Every day, your business might be losing money due to business crimes, which is why you need to consider business crime insurance today. Businesses, whether big or small, are targets of crimes from both outside sources and their own employees. However, small businesses seem to be bigger targets for embezzlement than larger ones. Smaller businesses often operate like “one big happy family” until you discover that someone in the “family” has been embezzling money right under your nose. In fact, [...]

Difference Between Occurrence Versus Claims-Made Insurance As a business owner, you know the importance of having the right business insurance protection, but understanding the different types of insurance can be confusing. Before you invest in any type of business insurance protection, it is essential to know the difference between occurrence and claims-made insurance so you can get the type of insurance that best suits your business needs at an affordable rate. What Are Your Business Needs? Each business is different, so the type of insurance that best suits your needs may differ from the next business owner. Some of the biggest distinctions between claims-made insurance and occurrence-based insurance include, but are not limited to: With [...]

Is Your Non-Profit Organization Protected with Directors and Officers Insurance? Being asked to serve as a board member for any non-profit organization may seem like an honor and a privilege; however, there is more to your role than assisting in making executive decisions and facilitating organizational success and growth. One essential step before agreeing to serve as a board member is to research whether that non-profit has Directors and Officers (D&O) Insurance. If it doesn’t, you may want to reconsider to avoid any legal challenges you could face without insurance protection. Is your non-profit organization protected with Directors and Officers insurance? Directors and Officers (D&O) Insurance D&O insurance is designed to protect directors, officers, and [...]

Restaurant Insurance Needs for Your N.C. Business  Restaurant owners face numerous responsibilities, all while striving to create an inviting atmosphere with outstanding food and exceptional customer service. However, disaster can strike at any moment, potentially destroying everything you have worked so hard to build. Without proper insurance protection, you could face financial ruin. Assessing your restaurant insurance needs for your N.C. business is essential to obtaining the necessary protection you deserve. There are “one size fits all” insurance policies available, often promising coverage at an enticingly low price. However, such coverage may not be tailored to your specific needs or risk factors, leaving gaps in your protection. You don’t want to discover that your insurance [...]