Business liability & property insurance protect your company against liability charges for accidentally injuring someone or damaging their property. Determining Liability and Damages You’re probably liable if an injury or property damage results from your negligence. An example of liability on your part is when a customer trips and falls on a poorly-lit stairway on Read More
Because of climate change, weather-related disasters are becoming more frequent in the U.S. In 2021, for instance, the nation faced 20 such disasters, incurring about $145 billion in economic losses, which is about three times the National Oceanic and Atmospheric Administration (NOAA) annual average since 1980. Besides natural disasters, businesses also face non-climate-related risks such Read More
Most small business businesses in the U.S. face myriad challenges, including inadequate finances and stiff competition. These challenges can easily cause a business to collapse. In fact, according to the U.S. Bureau of Labor Statistics (BLS), 20% of small businesses in the U.S. collapse within the first year of their existence. Natural disasters, lawsuits, property Read More
If your business collects, processes, or shares data belonging to customers, employees, or business partners, then you have substantial privacy obligations. Regardless of your location, your operations are probably subject to state, federal, or even international data privacy regulations. This small business data privacy guide explains how to properly handle or use the information you Read More
As a business owner, regardless of your scale of operation, having adequate business insurance coverage is crucial to your business’s existence. Business insurance refers to a wide range of policies crafted to protect your business from future financial losses. Every business model has its own specific set of risks, which is why it is essential Read More