Browsing Tag

insurance

17 posts
business insurance
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When Do You Need Business Insurance?

A few weeks ago, I bought a new car. It was a stressful experience because of the shortage of vehicles at dealerships across the country. Incredibly, I was able to work out a sale price my wife and I were comfortable with, but we still purchased the car in a seller’s market. Worse, unlike homes...
business insurance
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6 Types of Business Insurance That Protect Small Businesses

Why do small businesses need insurance? The answer is protection. The right insurance coverage helps protect your business and acts as a safeguard against potential risks and losses across a wide range of scenarios including bodily injuries and property damage. How do you know which insurance policies your business needs? Generally, coverage tends to vary...
errors and omissions insurance
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Errors and Omissions Coverage Is A Must for Technology Businesses

In early September, I attended the Ann Arbor New Tech showcase. This event featured several startups in the technology sector, ranging from software programming to app development. After three presentations, I offered a two-minute spiel on business insurance, how to procure it for new enterprises and the potential coverages needed to secure a business’ financial...
WJR Business Beat
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WJR Business Beat with Jeff Sloan: Small Business Insurance is Mission Critical (Episode 266)

On today's Business Beat, Jeff chats with Michael Spath, client executive and small business advisor at Kapnick Insurance Group and StartupNation's insurance expert, on the importance of small business insurance for entrepreneurs. Tune in to the Business Beat, below, to learn what types of small business insurance you should consider to best protect your company:...
forces compare
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Veteran Launches Price Comparison Website to Help Soldiers Save Money

Sponsored content Veteran Alfie Usher recently launched a new price comparison website specifically designed to help those who serve in the Armed Forces get the best deals on insurance and financial options possible. Usher, founder of Forces Compare, has served in Afghanistan twice, and has been under the Parachute Regime for nearly a decade. Forces...
public liability insurance
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What is Public Liability Insurance, and Does My Startup Need It?

Not taking the time to understand public liability insurance can often lead to serious financial consequences for new entrepreneurs starting a business. Here, we provide a simple overview of this type of insurance policy in order to help you determine whether or not it’s necessary for your particular business. What is public liability insurance actually...
Side hustle insurance
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Side Hustle Insurance: Know the Facts

As an aspiring entrepreneur, you may decide to pursue a side hustle in order to fund early stages of the business, or launch your business while maintaining an income stream. Whether you’re driving for Uber on the weekends or creating the next innovative online platform, a side hustle is a great way to help drive...
Workers' Compensation
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Workers’ Compensation Policy: Can Your Business Afford It?

For both small and large businesses alike, workers' compensation insurance can often account for the majority of insurance premiums each year. Every state has mandated requirements for employers and many states, like Pennsylvania, for example, afford employers common law defenses in exchange for carrying a compulsory workers' compensation policy. Still, many employers (incorrectly) approach workers' compensation insurance from...
Workers' Compensation
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7 Myths About Workers’ Compensation Insurance

Many small business owners dread the thought of investing in workers’ compensation insurance. As a business owner, it’s important to analyze expenditures to ensure your decisions are as cost-effective as possible. If your company is also an employer, however, workers’ compensation insurance is one decision that has likely been made for you, as most states...
Small Business Health Care
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The Affordable Care Act: How It Will Affect Your Business

The Affordable Care Act Can Impact Your Bottom Line How will the Affordable Care Act (ACA) impact my business and my bottom line? Do I need to offer health care coverage? These are the types of questions that have circled around the boardroom table between management, owners and their accountants over the past three years....
Underrepresented Entrepreneurs
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Business Insurance You May Not Need

What business insurance do you REALLY need? When it comes to taking out insurance for your business, whether you’re insuring a contractor or solicitors, it can be confusing. There are so many different types of cover, not to mention all the caveats and specifics of each policy – it’s easy to see how business insurance...
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Preparing for the worst

Sometimes reality smacks you pretty hard in the face. As I prepared for vacation, I got smacked but good. There was a tragic car accident and my nephew was killed instantly. In a daze, I rearranged my travel plans and headed home to be with my family. After four days, I caught a couple of...