Live Insurance News

Life coach insurance protects experts and the advice they give

November 4, 2019November 3, 2019 Marc

This coverage is vital to protect against malpractice lawsuits that could come from dissatisfied clients. When checking all the boxes for a well run business, life coach insurance can be easy to overlook, but is one of the most vital steps to remember. This coverage can mean the difference between a highly successful small business or a complete financial catastrophe. When you have a great relationship with your clients, it can be difficult to imagine they might sue you. A lawsuit can seem to come out of nowhere, and it…

Mechanics that own their own business need auto repair shop insurance

October 28, 2019January 12, 2022 Logan B.

Garage liability coverage goes above and beyond what the usual business policy covers. Owning your own garage can be a very lucrative business, but auto repair shop insurance can make the difference in stopping one incident from shutting the whole thing down. This liability coverage is typically considered to be a necessity for garages of all sizes. In fact, garage liability insurance is often carried by tow truck drivers, auto dealerships and even service stations. The reason is that auto repair shop insurance provides specialized protection for business owners working…

Baltimore will purchase $20 million in cyber liability insurance coverage

October 17, 2019October 16, 2019 H. Cutner

Cyber Liability Insurance Coverage - Baltimore

The city is taking preventative action after having already suffered a massive ransomware attack. Baltimore has just committed to purchasing $20 million in cyber liability insurance coverage. That city experienced a massive ransomware attack last spring. The city is still paying off the bills for the contractors who participated in the city’s digital recovery. The costs from the ransomware attack on Baltimore are increasingly coming due. As those expenses loom, city officials are preparing to purchase $20 million in cyber liability insurance coverage to pay for any potential disruptions that…

Birthday and party clown insurance puts a smile on everyone’s face

October 7, 2019October 5, 2019 H. Cutner

Clown insurance - person dressed up as a clown

These entertainers need a specific type of coverage to protect them against their unique risks. Entertainers who work at birthdays and other types of parties can benefit from purchasing clown insurance coverage. Though most events will go relatively smoothly, it takes only one mishap involving an injury or damaged property during a performance to bring on a lawsuit with substantial financial consequences. Entertainment may sound fun but it is also a business in which liability protection is necessary. While some entertainers purchase general liability insurance, others look for specific clown…

Is bookkeepers insurance for professional liability necessary?

September 30, 2019September 29, 2019 Marc

Bookkeepers Insurance - accounting - computer - calculator

Many small business owners in this area don’t realize how important this coverage is. Bookkeepers insurance is an often overlooked by freelance professionals who don’t realize how vital it is to protect themselves against risks their general commercial liability policies don’t cover. This coverage is in the form of professional liability insurance. Keeping books involves a number of risks that are unique to this task and not covered by general policies. Professional liability bookkeepers insurance helps to protect your business or consultancy from risks general commercial liability policies don’t cover.…

Independent Courier Insurance Spikes in Popularity from Common New Jobs

September 9, 2019February 25, 2021 Marc

Independent Courier Insurance - Bike Rider

As businesses hire a growing number of people on bicycles, scooters or cars, liability coverage needs rise. Businesses of all sizes are looking to different types of delivery options for convenience and savings, requiring many self-employed individuals to seek independent courier insurance. Not all couriers work for massive global companies and those on bikes and scooters need coverage, too. Damage and liability issues are the most important part of independent courier insurance. These typically have to do with the vehicle being used to make the deliveries as well as the…

Virtual assistant insurance is highly recommended for entrepreneurs in this niche

August 26, 2019August 25, 2019 Marc

Virtual assistant insurance - customer support

VAs are facing very specific risks and exposures and are typically advised to buy coverage. Virtual assistant insurance can be highly beneficial for V.A.s as the unique exposures they face in their line of work due to the damage they could cause to their clients’ businesses and reputations. The potential damage that could be caused by a simple mistake is substantial and may be costly. Virtual assistant insurance takes into account the fact that V.A.s have access to a substantial amount of information about their clients. They can access and…