Important Takeaways: Workers’ compensation is a requirement in nearly every state once a business hires employees. Commercial auto insurance is needed in nearly every state for business-owned vehicles. Cyber liability coverage is essential for retailers that handle customer payment data and must comply with PCI-DSS requirements. Most states mandate commercial auto insurance for vehicles owned […]
Read More7 Pet Shop Insurance Compliance Requirements in New Jersey
The state of New Jersey takes animal welfare seriously, and pet shop owners are subject to specific compliance requirements. From municipal licensing to workers’ compensation coverage, there’s a lot to address. Here is a closer look at what every Garden State pet shop owner needs to know to remain compliant. Quick Takeaways: All pet shops […]
Read More6 Features to Look for in a Pet Shop Insurance Policy
Running a pet shop is a rewarding career for animal lovers, but it also poses many challenges. Taking care of animals, serving customers, and managing inventory might keep you busy. Still, it is essential not to lose sight of the fact that even one unexpected incident could put your whole business at risk without pet […]
Read MoreDoes Your Fashion Boutique Have the Right Insurance?
If you own a fashion boutique, are you prepared for what happens when someone gets hurt? You have curated collections, designed your space, and built relationships with vendors. But there’s one thing most boutique owners overlook until it’s too late: the retail insurance policy you signed when you opened your doors probably doesn’t cover half […]
Read More5 Retail Insurance Compliance Requirements In New Jersey
Running a retail store in New Jersey means contending with one of the country’s more stringent insurance regulatory environments. The state’s Department of Banking and Insurance (DOBI) takes the protection of employees and customers very seriously. With nearly 1.9 million workers employed by small businesses, these requirements exist for a good reason. The regulatory landscape […]
Read MoreDifferences Between Retail Insurance and General Business Insurance
Essential Takeaways: Retail insurance is designed to address the risks and distinct liability exposures involved in selling products directly to the public. General business insurance offers broader coverage that is not retail-specific and is geared more toward various commercial operations. Standard business policies often fail to provide adequate coverage for retail operations. Businesses must carefully […]
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