When your business is growing, it’s often necessary to bring on extra help to make sure that you don’t fall behind. The use of independent contractors can definitely help fill this need but it can come with some risk. How exactly will hiring independent contractors affect your workers compensation insurance policy?
As a business owner, you often hear horror stories of accidents, lawsuits, and large settlements being awarded. You shudder to think what something similar would cost you, especially knowing your liability insurance limits. You may even have heard of excess liability and umbrella insurance policies.
The two terms are often used interchangeably, and it’s easy to think that they’re one and the same.
As the owner of a transportation business, you know that a good driver helps you build your business, and a bad driver costs you money, time, and reputation. You know that mistakes on the road don’t just cost money, they can cost lives, too.
Your drivers are your company’s biggest asset. Check out these tips to keep them happy, healthy, and alert while on the road – which is good for them and for you.
Buying your first home is a big step and requires a lot of thought, patience, planning, and a need to work with professionals who understand the process. Unless you’ve got enough cash stashed away to pay for the house in full, it’s not as simple as walking up to a house you like and making an offer.
For many homeowners a basic home insurance policy, flood insurance policy, and perhaps an umbrella policy are all the protection they need for their homes to protect against natural disasters, theft, and damage. But for high value clients who possess heirlooms, antiques, and other fine valuables, you understand that the basic insurance policies are not always enough.
Did you realize, though, that you may be missing a valuable insurance policy for the domestic workers you hire to work in your home?
Nearly every day a worried child, spouse, or guardian calls your office to discuss their mother, husband, or other relative. Someone fell or bumped into a wall or chair, but in the confused minds of some of your residents, they believe they were pushed. Sometimes, sadly, they were.
Angry and scared loved ones demand answers. Most of the time, it was an accident or a slip. Sometimes, all you have is one employee’s word against a resident. As someone who runs a nursing home, you know your staff is excellent, hard working, and caring. What do you do if a resident or their family wants to place a security camera in their room? Is it something you should add to your facilities?
One of the worst things that can happen to your home is mold. With the help of a few spores and enough moisture, mold can ravage a home quickly. It creates bad smells and unsightly stains. If left unchecked, it can reduce your home’s value and make you and your family sick.
Most homeowners know the importance of getting rid of unwanted moisture as soon as possible. It’s your home’s worst nightmare. The question that remains for many homeowners is a big one.
Your credit score affects everything – from the interest rate you pay for a new car to the ability to get a credit account at your favorite department store. Typically, the better your credit score, the less money you’ll pay in interest. If your credit score tanks, you may find yourself denied or paying double-digit interest rates on everything.
Your credit score can also affect what you pay for insurance. The credit score that you’re used to – the one that can deny a mortgage or credit cards – isn’t the same one used by insurance companies, but it is a factor. Your insurance company uses insurance credit scores instead. Understanding what they are and why they matter could save you a lot of money on your homeowners or auto insurance policies.
It’s that time of year again – your college student is headed back to campus.
These days you aren’t protecting them from bullies on the playground or accidental slips and falls. You’re sending them out into a bigger world where anything can, and often does, happen. You can’t protect them from everything, but maybe you can protect them from more than you realize.
The idea of driving around in your car in your free time and picking up extra cash sounds pretty good. Thanks to companies like Uber and Lyft, you may even be able to turn it into a full-time job. You choose your hours, your location, and the rides. Sounds pretty great, doesn’t it?
Driving for a company like Uber or Lyft may sound like a great (and easy) way to earn money, but what happens if you get into an accident?
