Just as it is important to obtain insurance coverage when you own a house or a car, it is equally important to protect your business. If you are the owner of a company of any size, it is highly recommended that you speak with an independent business insurance agent in order to find out about the types of coverage that are available to you, and to help decide which ones are right for you. This is a decision that should not be rushed, as shopping around will help you to…
Read MoreTag: business property insurance
Identifying the insurance needs of a small business
One of the single most common problems with commercial insurance is, most small business owners understand that insurance is a necessity, but they struggle to understand what form of insurance is right for them. The need to make sure they have all of the coverage for their particular business, which can be very challenging, and no one wants to end up paying for more than they require. Often, it is advised that small business owners seek professional advice from trustworthy sources, such as an accountant, or an insurance broker or agent that specializes…
Read MoreNew energy property insurance program announced by Lexington
Lexington Insurance Company announced yesterday that it would be offering two new service products. The new set of products was designed to protect owners, developers and investors from financial losses resulting from damage or loss of energy property. Lexington presented its Energy Investment Tax Credit Insurance program, which consists of two plans. Investment Tax Credit (ITC) Energy-48 Mobile Property, and ITC Energy-48 Professional Liability. Besides protecting developers, owners and investors from property damage and loss, it was also a comeback to the recapture of ITC granted for those properties; as…
Read More