A basic business auto insurance policy will only cover employees while they are operating company-owned vehicles to perform company business. But do you need coverage for employees who might use their personal vehicle to perform company business? Do you have a sales force that regularly goes out on sales calls using their own vehicles? Do employees run errands, such as making bank deposits or purchasing office supplies?
Category Archives: Business Insurance
Insuring Your Home-Based Business A friend of mine sells jewelry through a multilevel marketing program. She doesn't carry any insurance for her business because she says that she can't afford it - she doesn't make enough money on the business. However, the cost of insurance shouldn't be the determining factor for her; the cost of…Read more
OSHA 300A Log Summary Reminder It's that time of year. February 1st marks the deadline for you to tabulate your annual OSHA Log Summary (OSHA Form 300A) and post it in a common area wherever notices to employees are usually posted. The summary must list the total number of job-related injuries and illnesses that occurred…Read more
Directors and Officers Insurance Several months ago, I forwarded a Directors and Officers Liability Policy to a client. They read it from cover to cover and then called and asked me, “What does it cover?”. The policy has quite a list of exclusions on it, and it appeared, to the untrained eye, (more…)Read more
Understanding Business Insurance At this time of year we hear a lot about people preparing for the holidays, but have you given any thought as to whether or not your business is prepared? Not all businesses have special exposures to consider at this time of year, but most do. One of the insurance coverage's that…Read more