5 Things Business Owners Should Know About Insurance Limits and Deductibles
Posted: May 19, 2025
Building a business involves making countless vital decisions, including hiring the right team, buying the right software, and finding a suitable space. Understanding the basics of insurance coverage may be glossed over during day-to-day operations. Insurance is one of the behind-the-scenes essentials that can make or break financial stability when the unexpected occurs. It is vital that you fully understand Your policy limits and deductibles. ...
Your Business Insurance Inventory Checklist
Posted: May 4, 2025
We typically don’t give much thought to insurance until something goes wrong. In a business, ensuring your coverage is on point could make the difference between recovery and total loss. Understanding what is covered and what should be covered is key to preparing for the unexpected. Our business insurance inventory checklist is a no-nonsense guide to ensure you are not left in the dark if...
When Should Small Business Owners Switch Insurance Companies?
Posted: April 19, 2025
Managing a small business comes with endless challenges—and great rewards. One of the main issues is keeping your overhead as low as possible. The cost of your business insurance should be reviewed yearly—savings could be possible. If you’ve been with the same insurance provider for years, you might assume you’re getting the best deal—but are you? Switching insurance companies can improve coverage, lower costs, and...
3 Business Insurance Expenses to Write Off on Your Taxes
Posted: April 4, 2025
It’s tax season once again! As a business owner, you are likely looking for ways to maximize deductions and reduce taxable income. Fortunately, several business insurance policies qualify as tax-deductible expenses under IRS rules. If an insurance policy is both ordinary (common in your industry) and necessary (helpful for business operations), you may be able to deduct the full cost of the premium. Help protect...
A Guide to LLC Insurance for Small Businesses
Posted: March 19, 2025
Many small business owners choose to operate as limited liability companies (LLCs) for the liability protection they offer. While registering as an LLC can shield personal assets from business liabilities, it will not eliminate all risks. LLC insurance is essential to help your small business weather unexpected challenges, such as property damage, lawsuits, and other unforeseen events. Why Do LLCs Need Business Insurance? While LLC...