In the last month of the Trump administration, the Labor Department finalized a regulation to clarify for employers which workers are employees and which are independent contractors. Because independent contractors are typically ineligible for employee benefits, businesses have an incentive to classify workers that way. The new regulation’s purpose is to make answering the question…Read more
Car Insurance Limits – Choose Wisely
All states set minimum coverage levels for drivers, but if you are involved in a serious accident, minimal coverage may not get you off the hook for the full extent of damages. Your state’s goal is to make the required insurance affordable, but in many cases the established minimum coverage is not adequate to cover…Read more
Non–Owned Auto Coverage
Even businesses that own fleets of autos sometimes use vehicles that do not belong to them. Often, a business asks an employee to run an errand or visit a customer or vendor using that employee’s car. The organization may become legally liable for anything an employee acting on its behalf does while behind the wheel.…Read more
Cyber Liability…No Longer Nice to Have but a Must Have for Businesses
Cybersecurity threats have continued growing, in fact they been ramping up during 2020, and the trend according to experts is that the risks will continue to grow at an exponential rate. And small to mid-sized firms that think they will fly under the radar of cyber threats are sadly mistaken, as they are usually easier…Read more
How Much Will I Receive if My Vehicle is “Totaled”?
You’ve had an accident and your vehicle is in bad shape. After you report your claim, the insurance company sends out an adjuster to determine if it is worth paying out for the required repairs or instead of paying you for the value of the vehicle at the time of the accident. If the cost…Read more
7 Ways to Reduce Your Homeowner’s Premiums
Everybody wants to save money on their insurance premiums. If you own a home, you actually have a number of options for getting discounts on your homeowner’s coverage. There are some obvious ways, like installing fire-resistant siding and smoke detectors in the home. You can also get discounts if you purchase your car insurance from…Read more
Commercial Auto Insurance Rates Continue to Increase
Commercial auto insurance rates have been on the rise since 2011, increasing often by more than 10% a year as accidents and claims costs have soared. The trucking industry has been the hardest hit by the steep increases, and there are a number of factors contributing to the rate hikes, according to a recent study…Read more
Commercial Insurance Rates Continue Climbing
Despite the ongoing COVID-19 pandemic, commercial insurance rates are continuing to move higher, pretty much across the board with the exception of workers’ compensation. A new report by online insurance exchange MarketScout found that in the third quarter of the year the highest rate increases were in liability lines, but hefty rises in property insurance…Read more
Does Homeowners Insurance Cover a Home-Based Business?
With recent advances in both technology and the internet, and many people working from home or having been laid off due to the COVID-19 pandemic, many Americans have or are planning to start a home-based business. But will your homeowner’s policy cover the risks of a home-based business? In nearly every case, the answer is…Read more
Luxury Vehicle Insurance
Many first-time luxury vehicle owners make the mistake of buying an insurance policy with the lowest premium but, after an accident, they find out they are not given the level of customer service they expect and the insurer may not pay for the exact repairs they were expecting. You spent a lot of money on…Read more
- 1
- 2
- 3
- …
- 25
- Next Page »
