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Intellectual Property Insurance: Safeguarding Your Innovations

Written By Charlotte Insurance on April 15, 2024. It has 0 comments.

an intellectual property insurance policy

Creating something that makes your business run more efficiently is always a good thing, especially where profitability is concerned. However, what happens when someone claims that your new invention infringes on their patent? And even if they haven’t patented the item, what if they state that they invented it first, hire a lawyer, and file […]

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Surety Bonds vs. Insurance: Understanding the Differences

Written By Charlotte Insurance on April 10, 2024. It has 0 comments.

a document explaining the difference between Surety Bonds and Insurance policies

Does your company require a surety bond in order to operate legally, or will a standard insurance policy suffice? Or do you need a combination of both? Understanding the differences between surety bonds and insurance policies will help you determine the answer to this question. How much do you know about each of them? Are […]

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How to Choose the Right Insurance Agency for Your HOA

Written By Charlotte Insurance on March 21, 2024. It has 0 comments.

a homeowners insurance policy sitting on a desk

Insurance is one thing that HOAs, also known as Homeowners Associations, shouldn’t skimp on. You need to have the best possible protections in place in order to protect your HOA from liability lawsuits and more. The last thing that you want is to call in a claim due to storm or fire damage to the […]

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4 Things You Need to Know About Insuring Your HOA

Written By Charlotte Insurance on March 12, 2024. It has 0 comments.

a graphic reinforcing the importance of having an HOA insurance policy

Running a homeowner’s association involves keeping track of a number of different things. Not only do you need to enforce the HOA rules and make sure that everyone is paying their dues, but you’re also in charge of the insurance policies that need to be in place should something go wrong. What types of policies […]

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Understanding Performance Bonds

Written By Charlotte Insurance on March 7, 2024. It has 0 comments.

a contractor and homeowner discussing the need for performance bonds

General contractors, regardless of their specialty, need to understand how performance bonds work. Many states require these bonds, which provide an additional layer of protection for the people who hire the contractor to get their ordered work done. Without one, you have no recourse should the contractor disappear before the job is complete. These specialty […]

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Fleet Insurance for Auto Dealerships: What You Need to Know

Written By Charlotte Insurance on March 5, 2024. It has 0 comments.

a fleet of vehicles at an auto dealership in need of fleet insurance

The cars on your lot that are listed for sale are protected under their own insurance policy, but that leaves a glaring gap in coverage: the vehicles owned and operated by your dealership. These vehicles might be protected by a commercial auto insurance policy, but if you have a number of them, then you might […]

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The Importance of Product Liability Insurance for Manufacturers

Written By Charlotte Insurance on February 26, 2024. It has 0 comments.

the owner of a manufacturing facility thinking about the importance of Product Liability Insurance for Manufacturers

Manufacturing companies have a lot to balance on a daily basis. They need to find customers for their products, source the raw materials for those products, and have their employees create and package them. The last thing that the CEO or owner needs to worry about is what happens when the products leave the factory […]

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Risk Management Strategies for Contractors

Written By Charlotte Insurance on February 21, 2024. It has 0 comments.

a contractor on the job working after managing their risks

Being in the construction industry comes with a truckload of risk. There are many different moving pieces involved in repairing and renovating houses, all of which rely on each other in order for the job to go smoothly. What happens when your equipment breaks down? What if an employee is hurt on the job? Both […]

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How to Reduce Insurance Costs for Your Auto Dealership

Written By Charlotte Insurance on February 19, 2024. It has 0 comments.

auto dealership owners discussing ways to lower their insurance costs

Running an auto dealership can be expensive. You not only have to pay for your employees’ salaries, as well as upkeep and maintenance of your buildings and outdoor property areas, but also ensure that your technology is up to date, and more. That said, adding on the cost of insurance may seem like the straw […]

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The Importance of Surety Bonds

Written By Charlotte Insurance on February 15, 2024. It has 0 comments.

a contractor working on a home after securing a surety bond

Before taking on a new job, contractors should always consider having a surety bond in place. These bonds protect both the contractor and the client who hired them, helping ensure that the project gets done. Yes, you may be able to operate without a surety bond, but that largely depends on the state in which […]

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