Archives March 2017

How Lack of Dog Liability Insurance Affects Dogs and Their Owners

Liability dog insurance

Homeowners and renters know full well about the legal difficulties of owning a dog. There is a pre-conceived notion that all dogs are viscous, misbehaved and will bite at any instance. In the past, liability dog insurance was included in homeowners and renters policies. Nowadays, these policies are outright excluding liabilities for dogs and other animals, causing a financial strain for pet-owners looking to rent or own a home.

Liability dog insurance is starting to disappear from home insurance policies, the argument being that dogs in general are prone to causing heavy damage. Despite more aggression being common in certain breeds, even dogs that don’t exhibit a threatening demeanor are not receiving fair treatment from insurance policies. Also known as canine liability coverage, many landlords and property management businesses have decided to eliminate the risk of any lawsuit claim by flat-out refusing to house pet-owners.

The good news, however, is that some insurance companies are going out of their way to protect dogs from being dogs. Some companies are offering coverage for every breed, and will even consider dogs with past histories of aggression. Although $400 million are accounted for dog bite injuries each year, the seriousness caused by these bites can vary from a simple nip to a full-blown attack. In other words, each situation needs to be taken into consideration when insurance policies provide coverage for dogs.

Protect Your Business with Cyber Liability Insurance

insurance, big data

As is evident with new data breaches being reported frequently in the news, businesses are targets of hackers and those hoping to steal customer information for their own gain. Regardless of the size of the business, protecting this private information needs to be a top priority among business owners. In insurance, big data can be safeguarded by adding cyber liability coverage, a policy which can be customized to fit your company’s specific needs.

How Does Cyber Liability Insurance Work?

Depending on the policy you choose, there are a number of services offered. Depending upon your business’ level of interaction with private consumer data, it may be more important to have more coverage against a hack of your own systems (first-party) or to protect your customers from a breach of a partner, vendor or service provider (third-party).

What Does Cyber Liability Insurance Cover?

A first-party policy is meant to financially protect your business interests and customers in the immediate aftermath. A policy could include such services as an analysis to confirm a data breach or covering the costs to your customers of a credit monitoring service. With this insurance, big data threats to extort your systems are also available.

A third-party policy, on the other hand, is geared more towards legal fees that could be incurred if a vendor or partner’s data is compromised, leading a customer to sue your business. If you outsource the processes handling customer data, this may be more in line with your business needs.

By adding this policy to your insurance, big data your company has access to is in much safer hands.

Choosing the Right Insurance

fine dining insurance in Arizona

Getting insurance for your business is an important executive decision to protect you in case something goes wrong. When choosing fine dining insurance in Arizona, it may be difficult to narrow down your options and decide which plan is best for you. There are a few things to consider when choosing an insurance company.

The first step you want to do when narrowing down your options is check the company’s ratings. There are many private companies that analyze insurance companies and rate them in an easily accessible location online. You can search for nearly any company online and find ratings on it. This isn’t the only factor, of course. You also want to make sure that the policy you are looking at features everything you want for your business.

If your business is large enough, you may have an advisor to help with finances as well as business practices. Be sure to ask them for assistance in choosing a policy. Choosing insurance can be complicated, and you want to make sure you get a professional who can read through the information and help tell you what you are looking at. When searching for fine dining insurance in Arizona, make sure that you do your research well in advance, before there is a problem.

The 5 Most Important Kinds of Staffing Insurance

business insurance in Sussex County New Jersey

Your company provides people to work at your clients’ businesses, but you are responsible for their actions and for protecting them from workplace injuries, illnesses and discrimination. You need these five kinds of insurance to protect you.

1. General Liability Insurance

This insurance protects you against claims that your employee(s) caused bodily injury and property or other damage while at your clients’ businesses.

2. Professional Liability Insurance

This insurance protects you against claims that your clients suffered financial loss as a result of your placement of or the work performed by your employees.

3. Workers’ Compensation Insurance

Staffing companies face unique issues that differ from traditional programs. Statutory work comp provides medical coverage and income replacement to employees who are injured or become ill at work. Staffing Worker’s Compensation Insurance covers:

  • Lost wages from being unable to work
  • Medical expenses
  • Permanent disability
  • Rehabilitation
  • Death benefits

4. Employee Benefits Liability Insurance

Under the Affordable Care Act, if you have over 50 employees you must offer heath insurance benefits to those who work over 30 hours a week. Since your employees may not consistently work 30+ hours a week, this mandate puts you at risk for errors and omissions. Staffing Employee Benefits Liability Insurance protects you against negligent acts in the administration of your employee benefit plan.

5. Employment Practices Liability Insurance

This insurance protects you from claims of discrimination, sexual harassment, wrongful termination, etc. by:

  • Applicants
  • Employees, including those in-house
  • Clients

These five kinds of temporary staffing insurance address the major responsibility and protection issues that arise in your business.

Meeting Your Business Insurance Needs

Orlando, business insurance coverage

As a smart business owner, you’ll want to find an insurance provider that will deliver the best solutions to all of your business insurance needs. But how do you go about finding those solutions? The first step is determining exactly what your business’s needs are. In Orlando, business insurance coverage providers are available that can assist you in choosing the best option for your company.

In order to deliver coverage that meets your business’s needs, you need to find a provider that will sit down with you to review the various financial risks related to your operation. Based on that review, a provider can develop a specialized, comprehensive risk protection plan tailored to your business’s needs. For example, a review of a company’s risk profile might reveal that workers’ compensation and general liability insurance may provide all the necessary coverage to protect its business.

Regarding Orlando business insurance coverage, you also want to make sure that the provider you select conducts itself in a professional manner. Look for an established provider with a history of longstanding relationships with clients and partners. Make sure that the staff is able to explain how their services and plans work in the event of a loss. Meeting your business’s insurance coverage needs isn’t a challenge if you choose a professional provider that can assess your business risk properly.