Business insurance

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 [...]

  Price Isn’t the Only Factor When Choosing Your N.C. Business Insurance  As a business owner, you must prioritize day-to-day operations, assess potential risks that could threaten your business, and minimize those risks by investing in the right type of insurance protection.  While it may sound easy enough, there are many factors to consider when purchasing business insurance for your livelihood.  While price may be an initial concern, it should not be the only factor when choosing your N.C. business insurance.  Business Insurance Shouldn’t be One Dimensional  While many business insurers claim to offer the best price, will it provide adequate protection when a catastrophic incident happens, or will you be subject to holes in [...]

Insurance Protection for Your Chiropractic Office  As a licensed N.C. chiropractor, you have invested research, time, and money in your education and profession. You did this so that you can treat your patients with the type of care they deserve.  Each patient situation is unique just like your business. That's why you devote your time to determine the right type of treatment plan suited for your patients’ needs.  Concentrating on your patients is what makes your business so successful. Have you put the same type of concentrated effort into choosing the right business insurance protection for your chiropractic office?  Key Coverage Options to Protect Your N.C. Chiropractic Business, but Not Limited to:  You focus on [...]

Keeping Your Insurance Premium Affordable by Controlling Your Losses  Deciding to open a business is a big feat that takes time, energy, commitment and of course, money.  As a new business owner, you realize business insurance is key to handling the catastrophic losses that are bound to occur, but what if down the road, you find your insurance rates are rising higher than you can financially handle?  This is certainly an obstacle; however, there are possible solutions to keeping your insurance premium affordable by controlling your losses.  Your business was running smoothly for the first few years, but over an extended time period, you have incurred a higher frequency of incidences within your company.  An [...]

Cyber Security That Your Business May Need Cyber security is big news today!  The technological capabilities in our computer-based society comes with many perks and advantages; however, it can also lead to cyber attacks from criminals that fixate on hacking into businesses just like yours.  In recent years, there has been a surge in criminal activity from hackers.  This type of criminal activity can ultimately lead to your business demise by exposing the identity of yourself along with customers, while compromising the integrity of your business and reputation.  Are you aware of and prepared for what could happen to your business if there was a cyber security breach?  If not, you may want to find [...]