If this summer you’re fancying expanding your business, you might need to consider builder’s risk insurance. Many factors go into a business expansion, and insurance needs are one of them. Builder’s risk insurance is a kind of property insurance thatRead more…
Posts By: Tyler
Mitigate cybercrime risks with security, insurance
One can’t watch the evening news lately without hearing about another computer hacking scandal or cybercrime ring threatening to use our personal data for nefarious purposes. Cybercrime has significant financial and non-financial implications for businesses. Crashing a server, unauthorized accessRead more…
When snow finally melts, check for Jack Frost’s damage
What with vortexes and plunges, the winter of 2014 has been brutal on human beings and property alike. When (if?) the snow melts this spring, make a point to do a complete survey of your property to check for damage.Read more…
Change smoke alarm batteries when you ‘spring forward’
As long as you’re resetting all the clocks in your building to reflect Daylight Savings Time on March 9, make a note to change the batteries in all your smoke detectors. The National Fire Protection Association reminds everyone this is a good time toRead more…
5 ways to improve emergency planning for less than $500
If one of your new year’s resolutions is to create an emergency plan for your business, congratulations! Protecting the business assets – its people and property – is an effective use of management’s time that pays big dividends in aRead more…
Lower temps can contribute to blowouts
When the mercury drops, your tire pressure might, too. Seasonal climatic changes result in air pressure losses on the order of 1 psi for every 10 degree F decrease in the ambient temperature, according to the National Highway Traffic SafetyRead more…
Let there be light in the season of darkness
As the days grow short this time of year, crimes of opportunity increase. Deterrents as simple as better lighting can ensure your business is not a victim. A substantial increase in street crime occurs after the end of Daylight SavingsRead more…
Make hay while the sun shines; now’s the time to winterize
Old Man Winter will be blowing into the Midwest before you know it so now’s the time to winterize your business. Here’s a checklist: Business vehicle: Change to a winter-weight oil, check tire tread and rotate tires if necessary. CheckRead more…
Small business owner? Maybe you could use a BOP
In commercial insurance, BOP stands for Business Owners Package Policy, which is designed for smaller businesses, usually with one location. BOP policies provide both property and liability coverage in a package that serves the needs of most small businesses, usuallyRead more…
Why reconstruction costs more than new construction
Do you have enough property insurance coverage? Insuring for replacement cost (rather than the lesser “actual cash value” which accounts for depreciation) almost always means insuring for more than the market value of your property. Reconstruction is almost always higherRead more…