5 Insurance Policies to Protect Your Business Against Halloween Tricks There are five insurance policies that every business needs, especially during the Halloween season. Keep reading and discover the must-have coverages to be protected from October’s insurance horrors. You know the feeling you get when you are watching a scary movie and you know somethingRead more

The Difference Between Loss Payee & Additional Insured Loss Payees and Additional Insureds may sound similar and lead to confusion because both options extend the named insured’s coverage to a third party. Below the surface, is where the parallels between these two coverage options end. The two concepts are quite different in their scope andRead more

Should You Require Liability Insurance Coverage for Subcontractors? Like in any business, contractors, independent contractors, and subcontractors face different situations that can leave them liable for damages. As a result of this, General Liability Insurance must be an essential coverage to request. According to Investopedia, an organization with the mission of simplifying complex financial informationRead more

What is the Difference Between Indemnification and Insurance? Indemnity is a common practice used in many contracts and is not always associated with insurance. On the other hand, there is no insurance policy without indemnification. It is important to understand the difference between these two and how they work together to ensure protection under anRead more

What Insurance do You Need for Aircraft Coverage? Aviation Insurance also referred to as Aircraft Insurance, is a type of liability insurance required for aircraft. This insurance covers different types of planes including standard aircraft, experimental, vintage, and seaplanes. While Aircraft Insurance covers the cost of repairs or replacement for damaged airplanes, it is alsoRead more

How to Avoid the 5 Most Common Errors on Insurance Certificates No matter your industry, you must make sure to cover the risks your company faces. The best way to do this is with the correct Certificate of Insurance (COI). There are many misconceptions about COIs and to avoid important errors when collecting and trackingRead more

2021’s Most Common Insurance Policies for Construction Projects If you are a contractor, you have some experience with construction insurance, whether it be bonding, workers’ compensation, or general liability. And because construction projects are huge undertakings, you understand the importance of having specific insurance policies in place. In construction, because each project is unique, noRead more

Insurance Checklist to Assure Coverage for Fall 2021 Is it common during autumn to prepare your home for the potentially harsh weather that winter brings. Fall is a critical season for maintenance and identifying problems before they arise. In this article, we will help you establish an insurance checklist to ensure you have coverage thisRead more

What is Builder’s Risk Insurance? Builder’s Risk Insurance, which is also referred to as Course of Construction Insurance, is a type of property insurance that protects buildings while they are under construction. Contractor Builder’s Risk coverage is complex because there are no standard policy forms since every construction project is different. As a result, thisRead more

Captive Insurance vs. Self-Insurance Because many companies do not know the details of captive insurance and self-insurance, many decide to go with a traditional insurance plan. While all three are great ways to cover your organization for losses, captive insurance and self-insurance can help save money. It is important to understand all your options forRead more