Do I Need Employment Practices Liability Insurance (EPLI)?
Posted: July 19, 2024
Employment Practices Liability Insurance (EPLI) protects businesses against claims of wrongful employment practices such as discrimination, harassment, wrongful termination, or retaliation from employees or former employees. In today’s litigious environment, EPLI is essential for businesses of all sizes to safeguard their reputation, finances, and operations. It covers legal expenses, settlements, and judgments, helping companies to navigate complex employment-related claims and mitigate financial risks. Assessing Your...
Your Business Insurance Renewal Checklist
Posted: July 4, 2024
Business growth is a goal that drives entrepreneurs and business owners to new heights of success. While growth brings new opportunities, it comes with risks. Reviewing and renewing insurance policies is imperative as businesses expand their horizons. Renewing policies ensures protection aligns with evolving needs, empowering enterprises to pursue their ambitions confidently while safeguarding against potential setbacks and liabilities. Consult with an Insurance Agent Consulting...
Safeguard Your Business from Common Social Media Risks
Posted: June 20, 2024
Since the early 2000s, social media has grown from a trend in which only college kids participated into a vital communication channel for society. Today, social media is essential for small businesses to connect with customers and promote their brands. However, social media has risks such as negative reviews, data breaches, or damage to business reputation. Safeguard your business by implementing clear social media policies,...
What is Guaranteed Replacement Cost?
Posted: June 12, 2024
Few things in life are worse than losing your home to fire or a natural disaster. Except, that is, discovering in the aftermath that you don’t have enough homeowners insurance coverage to rebuild the house back to how it was before trouble struck. If you get Guaranteed Replacement Cost (GRC) coverage, that is unlikely to happen. Why? GRC will pay for the full cost of rebuilding...
What Is Product Liability Insurance For Small Businesses?
Posted: June 11, 2024
It’s a fact of life: accidents happen. Of course, risks will always be associated with creating, manufacturing, assembling, distributing, or selling products, but managing those risks is a key part of your business success. Product liability insurance can protect your business from potential legal and financial consequences arising from product-related claims. Product Liability Insurance In a Nutshell Product liability insurance is a specialized form of...
