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How power outages can affect your business

What happens when the power goes out?As a California business owner, you might not realize how important electricity can be for daily operations, or at the very least, you might not know what longstanding outages can cost your company.Through severe weather or other unforeseen events, having the right insurance policies in place that account for your business not running normally can be immensely helpful for reducing recovery costs. Several Michigan companies discovered this, when ...

Summer is an ideal time to review your insurance policies

The warmer weather often makes it easier to forget the possibility of severe weather. While summer can bring tornadoes or wildfires to some areas of the country, when the sun is shining down, it is common for business owners to be carefree.There is nothing wrong with enjoying the laid back feel June and July bring, but before company leaders become too relaxed, reviewing their current general business insurance policies is a wise move. That ...

Why technology insurance should be part of your recovery plan

This blog recently discussed the importance of business owners keeping their information protected as they start to incorporate cloud technology into daily operations. While a digital aspect can keep companies up to date on the most efficient ways to run an organization, they can also expose owners to unforeseen risk.Whether a cyber criminal hacks into the computer system or an employee knowingly exposes sensitive company data, any type of data breach can be devastating ...

The economy recovers, but you still need business insurance

The U.S. Department of Labor released its latest jobs report numbers, with the nation's unemployment rate rising to 7.6 percent in May. Overall, 175,000 new positions were added and 420,000 Americans joined the workforce.As a small to medium-sized business owner, you might wonder how this could affect your company. This blog has previously discussed the importance of smaller firms when it comes to the overall economy. More individuals seeking out employment is good news ...

Keep your business protected as you move to the cloud

As technology evolves, more companies are becoming increasingly reliant on digital innovations. This blog has previously discussed the importance of training employees on best practices to keep sensitive data protected, but exactly how important is it to be wary of online threats?Small to medium-sized business owners cannot have the mindset that cyber criminals will not care about their organization. Recent research shows that cloud computing has become an exceedingly common business trend, and experts believe ...

How important is tool insurance?

Summer is just around the corner, and with the seasonal change likely comes an increase in homeowners wanting to fix up their houses. For individual contractors, landscaping companies or even smaller construction firms, this could be a very profitable time. But with all of that traveling, moving from one location to the next, it is essential that your property remain protected.Let's say that you are hired to do landscaping for several different homes. You are ...

All entrepreneurs need strong business insurance

Individuals can make the decision to open their own company at any age. Whether an entrepreneur is experienced or fresh out of college, there are several factors to consider to ensure that the business has short- and long-term success.For example, let's say that you are a small to medium-sized business owner in Arizona. No matter how niche your company may be, without the right Arizona business insurance policy—or set of policies—an unexpected event could ...

Why insurance is necessary for home-based businesses

This blog has previously underlined the importance of companies having a comprehensive business insurance policy. Even smaller firms that are operated out of an owner's home cannot be fully reliant on a standard homeowner's policy. Company-related incidents will not be covered, which is why it is well-advised to work with commercial insurance specialists to find the best policy, or set of policies, available.Take Brandi Greygor for example. As she explained to Entrepreneur Magazine, her ...

Pair technology insurance with thorough employee education

This blog has previously discussed business' increasing reliance on computers, the cloud and mobile devices. More companies are putting sensitive data into online storage, which gives cyber criminals a potential gold mine if they can break through the security system. However many firewalls and password protections are put in place though, small to medium-sized business owners must take a few extra steps to keep their organization safe.For example, all employees need to be given explicit ...

Early California wildfires prove need for strong business insurance

This blog has previously discussed the importance of a business' location when it comes to choosing the right insurance policy. Weather patterns will vary depending on the different areas of the United States. As a small to medium-sized business owner in California, arid conditions that are paired with strong winds can lead to dangerous wildfires.The Associated Press described the recent "White Fire" near Santa Barbara County. On Monday afternoon, the blaze started near the ...