Too often, Connecticut car wash owners in the pre-opening phase fail to ask what type of business insurance they need for their own protection. Lenders, landlords, and municipal licensing offices have already given them coverage requirements before funding, occupancy, and the opening inspection. Assuming that means they are fully covered is an easy mistake to […]
Essential Takeaways Most business owners understand that workers’ compensation claims will increase their insurance premium at renewal. But many don’t understand how the formula actually applies to their payroll, how long a claim remains in the experience period, or why a $6,000 claim might cost more than $6,000 after all the calculations are complete. This […]
Most mobile detailers assume their general liability policy follows them to every job. Here is what your coverage does and does not protect in Connecticut. In Connecticut, car wash insurance is needed to fully protect your business’s equipment, employees, and daily operations, as well as your customers’ property. While general liability insurance is often offered […]
Workers’ compensation premiums are generally set using a standard class-code rate that is applied to payroll, modified according to a company’s accident history and a carrier’s expenses. Learn how premiums are calculated and steps you can take to reduce your costs. In Connecticut, workers’ compensation premiums are largely based on the classification of the work […]
Standard homeowners policies exclude flood insurance. For people in coastal communities along Long Island Sound, river towns along the Connecticut River and Housatonic corridors, and low-lying inland areas that flood from severe storms, that exclusion represents one of their most significant gaps in residential insurance coverage. Homeowners may not be aware of this until a […]
Learning that a business of roughly the same size and in the same industry as yours pays significantly less for workers’ compensation insurance is something any business owner will want to look into. The mistake some make is assuming the other business may have negotiated a better deal or found a less expensive carrier. In […]
What should workers’ compensation actually cost for a Connecticut business? Review realistic benchmarks by industry type, the three variables that set your premium, and what drives the number up or down at renewal. Connecticut business owners should have a realistic price range for workers’ compensation insurance before they sit down with a broker to get […]
Standard homeowners policies have gaps that affect custom homes in Connecticut, especially in Fairfield County. We discuss why and offer some better options In Fairfield County, Connecticut, homeowners with high-value homes, whether historical or custom-built, may need a customized homeowners insurance policy to fill important gaps. Standard policies are designed to meet the needs of […]
