As self-employed or 1099 contractors, it’s crucial to have comprehensive insurance protection. Much like any other small business, you can also experience lawsuits when sued, and liability claims (third-party claims) can be increasingly expensive. If you lack a contractor insurance policy, and your clients sue you, you’ll have to pay out-of-pocket costs—enough to shut down […]
Read MoreTypes of Travelers Insurance
The travel insurance market was worth $14.2 billion in 2021, and it is projected to grow at a CAGR of 24.7% by 2031. It will reach $124.8 billion. It has become a necessity for people around the country and the world. You will have to bear the financial losses and medical expenses on foreign trips […]
Read MoreHow Much Is Contractor Insurance?
Contractor insurance shields your construction company from liability claims, worker injuries, equipment breakdowns, and more. Legal requirements or your employer’s policies may necessitate purchasing contractor insurance. To safeguard themselves from these various dangers, most contractors invest in multiple commercial insurance policies, all of which may typically be purchased at once from the same insurer. The […]
Read MoreA Comprehensive Guide to Auto Detailing and Car Wash Business Insurance
Accidents and property damage to customers’ vehicles are only two potential lawsuits that could be filed against a car wash or detailing business owner. You will need appropriate Car Wash Business Insurance to safeguard your investment if you plan to launch a brick-and-mortar vehicle detailing shop or a mobile detailing service. Fortunately, the cost of […]
Read MoreInsurance Requirements for Contractors
Contractors, vendors, and other third parties must get insurance and keep proof with them when working on projects. The parties who hire them often require them to abide by this policy, and different states can enforce such policies. For example, the Connecticut State Department of Consumer Protection instructs residents to ask for a copy of […]
Read MoreWhat Does Condominium Insurance Cover?
Knowing that you are protected wherever you live is comforting. It is highly recommended that you purchase a condo insurance policy if you are the owner of a condominium, townhouse, or co-op unit. It has the potential to provide you with peace of mind and assurance. Your apartment, along with your expensive goods, is likely […]
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