How to Choose the Right Restaurant Business Insurance
Restaurant insurance protects your business from unexpected costs like lawsuits, injuries, and property damage. Learn what coverage you need, how much it costs, and why it’s crucial from day one.
business insurance
Understanding Disaster Cleanup and Insurance: A Guide for Business Owners
Businesses involved in wildfire response and disaster cleanup must follow classification guidelines to ensure proper insurance coverage. Learn how CA WCIRB resources help classify operations, manage risk, and navigate business changes effectively.
Traveling? Are You Covered by Insurance?
Understand your insurance coverage before traveling. Ensure your homeowners or renters policy covers theft and liability, check your rental car coverage, and explore additional options for peace of mind on your journey.
Why Business Needs Bond
Getting the proper insurance coverage and licenses is just a start. To run a successful business, you’ll also likely need the right bonds. So, what are bonds for small businesses? Bonds guarantee that your small business will perform the agreed-upon services. Both insurance and bonds help protect your business from being part of the 40% of small businesses that fail after a disaster. For many small businesses, surety bonds are required and help protect third parties like customers. So, if you run a hair salon school and one of your students reports that they didn’t receive services after paying, they can file a claim… Read More »Why Business Needs Bond
Do I Need Liability Insurance for My Business If Customers Sign a Waiver?
This original post was published on 6/29/2021 and fully updated on 3/5/2024. Many business owners ask themselves do I need liability insurance for my business if my customers sign a waiver, and the answer is yes. A waiver or release form is a contract designed to shift liability away from the business with the consent of the customer. Waivers are meant to significantly alter the legal landscape from a place where the business is responsible for a place where responsibility lies more with the customer. However, if a customer makes a liability claim, release forms may not always be enforced.… Read More »Do I Need Liability Insurance for My Business If Customers Sign a Waiver?
Federal Unemployment Insurance Cut in Half
The House of Representatives passed HR 3630. This is an omnibus measure that contains a variety of items. Among them are the following: It would reduce unemployment benefits by one half cutting them from 99 to 59 weeks. It would let the last leg of federal unemployment insurance extension, 13 to 20 weeks to expire. This would impact the states with the highest rates of unemployment. It would require means testing of workers based on income. There would be a $5.00 charge for each reemployment. Waivers would be granted for workforce programs. States would be allowed leeway in Non Reduction… Read More »Federal Unemployment Insurance Cut in Half