The Value of Insurance for Your Cargo
It can be complicated to ascertain what types of insurance coverage to use to properly protect your business, especially when it comes to cargo transportation. Motor truck cargo insurance can be especially important since many insurance carriers will not cover a transportation company if they do not have this type of insurance. To make sure your business is not left vulnerable, keep these tips in mind.
1. Establish Needs
Take a look at the type of cargo your company usually transports, as well as how much is carried and the distance your trucks travel. This way, you can make sure you are getting the correct motor truck cargo insurance that you need.
2. Understand Limitations
Some types of cargo are usually excluded from coverage by insurance companies. This category can include items like alcohol, electrical units and clothing. Other carriers might not exclude this kind of cargo, but rather assign it a higher deductible. It can be worth it to ask the insurance company if they have any limitations that may affect your business.
3. Explore Additional Options
Your company may benefit from extra motor truck cargo insurance options. These can include coverage for unattended vehicles and theft, which are two scenarios often faced in the cargo transportation field.
It is crucial to find an insurance plan that adequately handles your needs in order to avoid potentially costly incidents in the future. By protecting your cargo and company today, you protect your future as well.
Hospices provide a range of care which extends beyond the physical, offering emotional, mental, and sometimes spiritual support for patients and their families. But while hospice workers carry the weight of the world for their patients, who carries that weight for them? Specialty insurance for hospices can go a long way towards alleviating the pressure placed on professional caregivers, allowing them to focus on their patients, rather than liability, while they perform their important work.
Continue reading for a sample of the protections hospices can gain from having specialized insurance.
Your corner is never empty when you have a comprehensive insurance policy for your hospice. Your insurance policy can provide coverage for general liability claims, such as accidents which occur on site, professional liability claims, such as potential staff error or negligence, and automobile liability claims related to vehicles used for hospice business.
If your hospice faces lawsuits from former or current employees, including but not limited to suits related to wrongful termination, harassment, or discrimination, your insurance can provide a helping hand with legal fees and settlements.
Patient data can be costly if mishandled, even if the mishandling is through no fault of your own. Specialty insurance for hospices can provide legal and financial defense against potentially devastating lawsuits or fines which might result from accidental HIPAA violations.
As you can see, hospices can face many legal and monetary challenges, but when they’re equipped with tailored insurance, they don’t have to face them alone.
Employment practices liability claims have been on the upswing for a long time and even the best of companies can end up being sued for issues such as wrongful termination, discrimination, or sexual harassment. Over the past 20 years, employment-related claims have risen 400%, with wrongful termination suits comprising over half. These types of lawsuits have become so common that most businesses will face one or more at some point in time, with the only questions relating to when, how much will it cost, and how much damage will it do to the company’s reputation.
Reasons for Increase in Lawsuits
In part, due to federal and state legislative efforts to ensure a more diverse workplace, the three original classes of employment lawsuits have expanded to include the following:
- Wrongful demotion
- Failure to hire
According to industry experts, the four most common types of employment practices claims are:
- Pregnancy discrimination claims
- Claims related to unpaid interns – are they employees or not?
- Allegations of illegal background checks
- Using or requesting genetic information from employees or applicants
The size of awards has escalated over time, too, along with the increase in the number of claims.
How You Can Protect Your Company
To reduce costs, smaller or private companies will sometimes forego purchasing insurance. This decision could lead to devastating consequences. Your single biggest line of defense is to carry adequate employment practices liability insurance.
Most insurance companies have the fundamentals down: a professional-looking website and basic social media presence. For inexperienced digital marketers, that is usually the end of their efforts. Experienced insurance marketing agencies have the knowledge and technical ability to do more than cast a net and hope they catch some fish.
More Visible Websites
Search engine optimization, better known as SEO, is what separates the websites draw in prospective customers from the ones that don’t. The internet is the new yellow pages. Potential clients just search for a type of insurance in their local area. If your website isn’t one of the top hits, their business goes to your competitors.
Insurance marketing agencies can generate reports that show you the search terms that potential clients use the most. Next, they can also help to design a strategy that will drive more visits to your website. The advantage here is that the effect snowballs because more clicks increases your website’s visibility.
Basic internet marketing is important for exactly what the word describes: it forms the base of your digital presence. Insurance companies that wish to have more than basic results will need advanced tools and strategies. A little professional guidance can be all that separates a company from breakthrough business growth.
Insurance companies are reluctant to provide coverage for your dog because if they immediately determine him to be dangerous. The problem, however is that they prejudge his nature on appearance. Over half percent of dogs are of mixed background, but if your dog looks like a pit bull then he’ll be branded as a pit bull. Not only is this unfair, but also misleading because it sends a false message that a dog’s nature is based of his looks. Without dangerous dog liability insurance dogs will continue to be labeled as violent.
Any dog can be accused of being dangerous if he leaves a bite, scratch or causes someone to fall over. Unfortunately, it’s all too fairly common to blow something out of proportion in order to file damages against dog-owners. Simply labeling a dog as “dangerous” does not make it true, though. Stories also exist of pet-owners who had to give up their dogs because of the risks they posed for acquiring housing.
Dogs involved in incidents that produced injuries are almost always classified as dangerous. Even if your dog has no bite history, if he’s part of a breed known for being “dangerous” then he’ll be considered dangerous to insurance policies. Lack of coverage for “viscous” dogs is a serious issue but the answer is not to persecute all dogs, but assess them individually as you would with people. Thankfully there are companies trying to protect dogs and their owners by offering dangerous dog liability insurance.
Do you work at a successful accounting firm, and are you considering upgrading or augmenting your current liability coverage? If yes, then you probably know that an error or oversight at the wrong place and time can turn into a major liability for your operation, legally and in terms of reputation. Now you know what you need, it’s time to look over your alternatives. Accountants liability insurance comes at a couple of different scales for different types of businesses.
High-revenue firms taking in well over 20 million per year need a specific type of coverage to meet the demands of their clients. It’s a fact of doing business that scandals uncovered by audits and accounting are often unfortunately blamed on the messenger. In this context, that means that major firms need the ability to address these liabilities by a method outside of legal proceedings, such as by holding accountants liability insurance with adequate coverage.
Even the smallest firms can be exposed to risks that involve questions of audit independence. Accountants are meant to be impartial and often are. The problem with independence is sometimes in the perception rather than the practice. That’s why this is an important item in most accounting insurance policies.
There are some concerns unique to small businesses, just as some risks are only present for large firms. Deciding what type of coverage you need might take more than just looking at the revenue numbers, so talk to an agent if you have any questions.
If you run a staffing agency of any shape or size, you’re probably already aware that staffing agency insurance is required for every placement you happen to make. This is simply to keep things between your agency, the temporary employee and the business you’re placing them with as smooth and professional as possible. However, what you might not know is that there are actually 3 main details that come into account that can increase or reduce the level of insurance you need for any given placement. These include:
1. The placement itself. This largely revolves around the company you’ll be placing workers within. Depending on the situation, you may need a variety of insurance to protect you from claims originating from the company itself (such as failure to provide adequate workers, improper drug testing, etc.).
2. Performance. This is often the biggest issue that staffing companies are most concerned about insuring. If one of your temporary employees is placed and then fails to complete the proper job or simply does a sloppy job and causes damage to the placement company, the staffing agency will be held responsible financially.
3. Services provided, which covers any work offered to the placement company that doesn’t actually involve the hire of a temp. This often includes IT work.
Having the right staffing agency insurance to fit your placements is a must, and getting it can be a simple process with the help of professionals.
Because even seemingly frivolous lawsuits can wipe out business assets, there is no question that small business owners need to have business liability coverage. If you are shopping for a New Mexico business liability policy, here are some things to keep in mind.
Know your limits. Many states require companies to carry a certain amount of business liability insurance. At a minimum, make sure you research and understand the state base-level insurance requirements in every jurisdiction where you operate. And, if you have contracts to deliver goods or provide services, check to make sure you are complying with all requirements to carry a liability policy.
Survey Your business. Once you understand how much liability insurance you are required to carry, when purchasing a New Mexico business liability policy, you also must understand how much you should carry. Survey your business and determine the amount of liability coverage you need to protect your interests. Make sure the amount of coverage you buy will at least protect all your company’s assets. Also, consider whether purchasing coverage beyond simple liability insurance is a smart idea for your business.
Ensure that your company complies with legal requirements and protects its assets by purchasing a comprehensive business liability policy.
Life insurance is for everyone, not just for the old and retired. In fact, life insurance is an even better decision for young families, since the catastrophic effects of a death in the family could leave the rest of the family struggling to make ends meet. Before you set out to find the policy that’s perfect for your needs, take the time to research and find an insurance company that will not only be able to get you an excellent Haddon Township life insurance policy, but one that will help you reap benefits from your insurance policy while you live.
Assuming you find the right company, the three best options that you’ll be able to choose between are term life insurance, whole life insurance and universal life insurance. Term life insurance is a great solution for people who need substantial financial protection for a short amount of time like young families. Whole life insurance allows cash to accumulate so that the recipient of a claim can get additional regular payments to help pay inheritance and estate taxes. Universal life insurance is unique because it offers more flexible premiums.
If any of this seems confusing, don’t worry. With the help of an excellent company, you’ll be able to sort through all of these variables and find the Haddon Township life insurance policy that will benefit you now and potentially your family later.
When you’re shopping around for car insurance in Virginia, you want to get the best policy with the best rates. But you may not know exactly what you should look for when you’re picking a policy. Here are some tips to take into consideration the next time you’re in the market for car insurance.
Identify Your Needs
The first thing you should do is decide exactly how much insurance you will need for your car. Often, the type of coverage you need to have depends on your payment status on your car. If your car is a lease or you’re still making payments towards the purchase of your car, you will likely be required to carry full coverage on your vehicle. If, however, your car is paid off and you’re the sole owner, you can often get away with carrying less coverage.
Once you’ve decided how much coverage you’ll need, you should shop around and get quotes from multiple carriers to see who will give you the best car insurance in Virginia for your money. You can do that online, over the phone or by going to an insurance broker’s office.
Read the Fine Print
Before you sign on the dotted line for your new insurance plan, understand your coverage. This includes monthly payments, any possible coverage exclusions, your coverage amount and how long your policy is for.
Once you have a policy in place, be sure to evaluate it every so often to see if there are any discounts or additional savings you can take advantage of.
To learn more about car insurance in Virginia, visit this website.