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Blog Page
17 Jan, 2023
Joint Ventures
A joint venture is an entity formed by two or more businesses in order to pursue a specific purpose for a specified period of time. While some states require joint ventures to be legally filed, other states recognize any entity that meets the definition. A partnership differs from a joint venture as the former lasts indefinitely and its purpose may change.
03 Jan, 2023
Employee or Independent Contractor?
Business owners have a lot at stake when determining whether persons connected with their ventures are employees or independent contractors. The largest issue with making this determination involves taxes and insurance.
15 Nov, 2022
Umbrella Insurance Features and the Risks it Won't Cover
The features of an umbrella policy can vary widely, and determining the functionality of the policy can assist you in considering what policy is best for your business.
08 Nov, 2022
Expectations of Hard and Soft Markets
Let's discuss how hard and soft markets can affect your business.
01 Nov, 2022
Worker Safety, Injury Causes
In this article, we continue to share examples and ways to improve dangerous situations.
25 Oct, 2022
Worker's Safety, Avoiding Dangers
In this part begin sharing examples and ways to improve dangerous situations.
18 Oct, 2022
Workers Compensation
The workplace is an extremely common setting for a person to be injured. The Workers Compensation and Employers Liability Insurance Policy are used to provide insurance coverage that usually involves paying for medical treatment and disability and handles lawsuits from injured workers.
04 Oct, 2022
Do You Need Employment Practices Liability Insurance?
Coverage to protect you against many employment-related claims is available, known as Employment Practices Liability Insurance (EPLI).
22 Sep, 2022
Different Commercial Umbrella Policy Types
Did you know there are different commercial umbrella policy types? This blog explores the different types of commercial policy types. Call and speak to a Trusted INSURENEX team member to discuss what commercial umbrella policy best fits your business needs.
20 Sep, 2022
Do You Need Umbrella Insurance for Your Business?
Insurance considerations for businesses can be many and overwhelming, and even with the best coverage in place, there can still be limits. That’s where a commercial umbrella policy comes in.
16 Sep, 2022
Umbrella Insurance: 5 Common Questions
Umbrella Insurance: What is it? How does it work? What should I know as a consumer to protect my business and personal interests? Here are 5 common questions about Umbrella Insurance.
14 Sep, 2022
What is Umbrella Insurance?
What are the details of umbrella insurance and what does it cover?
05 Jul, 2022
Worker Safety, Overview
A major element that defines whether a person is an employee is if their time and actions are under control of another party. Since employers control where and when their employees work, they have a major obligation to make sure they are provided with a work environment that is safe.
15 Mar, 2022
Professional Liability
Increasingly, professionals and certain occupations need special insurance protection as they are targeted by lawsuits. This is due to the high standard of accountability under which they operate.
17 Feb, 2022
Worker Safety, More Corrective Action
In this article, we continue to share examples and ways to improve dangerous situations.
15 Feb, 2022
Worker Safety
In Worker Safety, Overview we discussed the importance of addressing slips and falls by employees. In this part begin sharing examples and ways to improve dangerous situations.
10 Feb, 2022
Worker Safety, Avoiding Dangers
A major element that defines whether a person is an employee is if their time and actions are under control of another party. Since employers control where and when their employees work, they have a major obligation to make sure they are provided with a work environment that is safe.
08 Feb, 2022
Handling a Cellular Distraction
A business that deals with over-the-road transportation is highly concerned with substantially minimizing accidents. Vehicle accidents, besides interrupting work and creating loss of business property, have much wider consequences. Accidents also cause serious damage to public and private property and, more significantly, create injuries and even fatalities.
03 Feb, 2022
Coverage For Business Autos
Many businesses are exposed to the financial consequences of their ownership, use or maintenance of vehicles used in their operations. Most coverage needs can be handled by a Business Auto Policy (BAP) or similar form which cover operations such as:
01 Feb, 2022
Commercial Auto Symbols
Have you ever, during a particularly wild moment, closely examined the insurance policy that covers your business vehicles? If so, you may have noticed the little numbers that appear next to each listed coverage. Hopefully you're familiar with these numbers and their meaning. If not, please see below.
27 Jan, 2022
Umbrella Vs. Excess Coverage
A business usually will buy liability coverage for two chief areas. One is to handle its routine, premises liability. The second is to handle liability that is related to the actions a business performs away from its premises or that may address its professional-level obligation it owes to others while providing products, goods and services to others. A business that uses vehicles, mobile equipment, watercraft and/or aircraft must consider liability protection for those exposures too.
25 Jan, 2022
Policy Insurance Limits
If you examine the insurance policy covering your business, you'll see an insurance limit. For instance:
20 Jan, 2022
Contractual Liability
A business that harms another party or damages/destroys property that belongs to another party may be sued or prosecuted. Larger businesses protect against their liability to third parties with a Commercial General Liability (CGL) policy. An insurance company provides a CGL under some assumptions about the type of losses it is willing to cover.
07 Dec, 2021
Certificates Of Insurance
Business transactions frequently require the valuable protection provided by insurance. A Certificate of Insurance is a document that is often requested as proof that adequate insurance exists. A certificate is not the same as a policy and certificates do not affect the coverage provided by a particular insurance policy. Therefore, requests to "endorse the certificate of insurance" are inappropriate and misleading. A certificate is a separate document that is used to comply with a common contract requirement to verify certain types and amounts of insurance.
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