How Will PEO Insurance Benefit Your Company?

As a professional employer organization (PEO), you offer a needed service to your clients. When they are able to outsource workers’ comp, payroll, training and employee benefits, it takes the pressure off of their company. The pressure, however, is then put on yours. Because of the risks you face, you need a proper PEO insurance policy. The following are some ways in which a policy will benefit your company:

  •  Legal Fees – If you are involved in a lawsuit because a client believes you did not provide them with the services they requested, your policy can help to cover the legal fees. This could include filing fees, attorney fees and a variety of other expenses you were not originally planning on.
  •  Settlement Fees – No matter the type of lawsuit, it’s possible the settlement could point in favor of your client. In such a case, you will often be responsible to pay a settlement to the client. Proper insurance coverage will step in to help you make this payment.
  •  Repair Costs – If your property was damaged due to vandalism or fire, a policy with the right coverage will help you afford the repairs. This could be essential to keeping your business running after unforeseen circumstances.

As you can see, there are some major benefits you can experience with the right PEO insurance policy. Contact your agent to learn more about the options you have and get covered today.

Does Your Business Really Need Cyber Security Insurance?

When Target had its customers’ data breached, the story made headlines. Thousands of customers were at risk for having their information stolen. What didn’t make headlines was that the breach came through one of Target’s vendors. A hacker wormed its way through a smaller company to get to the larger corporation. Small businesses are at risk for having their information stolen too. That’s why Indiana cyber security insurance is so important in today’s marketplace.

Customer and employee data is very sensitive. Your business is at risk for being compromised through the internet. This could potentially devastate your organization. First, there are the financial concerns. You have to notify customers, provide them with credit monitoring and find the breach. If there are losses associated with the breach, your business could get sued. And you shouldn’t forget about the PR costs, because your reputation might be at risk too.

Indiana cyber security insurance makes sense in today’s world. It’s no longer just the criminals that break in through your front door. They come through the internet and this gives them a whole new way of stealing from you. Protect yourself with an insurance plan that gives you peace of mind. Be proactive in managing the data which has been entrusted to your business. Don’t think it can’t happen to you.

 

What to Think About when Looking for Liability Insurance in Florida

If you’re looking for liability insurance in Florida for your business for the first time or are looking for a new agency after growing displeased with the one that you have been working with, there are several skills and services that excellent agencies perform well that are worth carefully thinking about. In general, you need to find the agency that excels at getting you well-tailored, comprehensive general liability coverage, analyzes potential risks that you face and works with you to eliminate as much risk as possible, helps you create an employee benefits package so that you draw the very best talent to work with you, and has many insurance agents so that a team who specializes in your industry can work with you.

Proper commercial general liability insurance typically cover Bodily Injury & Property Damage, Contractual Liability, Completed Products, Personal and Advertising Injury and Liquor Liability if applicable. A customer or client files a Completed Products complaint if you’re harmed by a product after you finish creating it, and they file a Personal and Advertising Injury if they’re trying to hold you accountable for slander or libel. Keep all of these things in mind when looking for liability insurance in Florida, and find the agency who will keep your business protected.

 

Understanding the Need For Cyber Liability Insurance

It’s very annoying when your own personal computer and data gets hacked. Imagine for just a minute that your business computers and data got hacked. How would you even begin to address all the affected customers and cover all the costs associated with the breach? Your business has sensitive data which if shared might cost you your reputation. Carmel cyber liability insurance is the answer.

When you purchase insurance, you not only get protection for your assets against the expense you will incur, but you get proactive help in monitoring and protecting your computers against data breaches. Even if you don’t have a full-time IT person, you can certainly implement suggestions that your insurance company makes to protect customers’ sensitive data and your own finances.

Even with all the anti-virus software, businesses are still at risk. Address the unseen dangers of hackers to your business. Don’t think that because you’re small, no one would want to get into your data. There’s too much at stake to let your sensitive customer and employee information be compromised. Check out Carmel cyber liability insurance to have the peace of mind that you’ve done everything you can to ensure that your computers and information is safe. You’ll rest better each night having a plan.

Tips for Putting Together a Family Emergency Plan

Like having a family plan for emergencies, everyone should have an insurance plan for emergencies as well. First Gate can help you safeguard your client’s property against hurricanes, flooding and other disasters, no matter where they live.

Make a Plan

The best time to make a family plan is before an emergency, so here are some ideas to help you get started.

How will family members get emergency alerts? If everyone has a cell phone, or access to radio and TV, they can receive emergency alerts from the National Weather Service.
How will your family get to safe locations? Ensure everyone has access to transportation, whether by car, bicycle or other means. Make sure everyone knows where to go in each type of emergency, because safety from a flood may mean a different location than shelter from a hurricane.

How will everyone get in touch? If cell phones, internet or phone lines are inoperable, designate a place for a message board. Review the plan as a family occasionally so everyone remembers where to go and what to do.

After the Crisis

Don’t let your clients get caught unaware in emergency situations. Recovery begins with property insurance. When the danger has passed, First Gate will be there to help them rebuild.

What You Should Know About Oaklyn Insurance

Insurance provides you with peace of mind in a world that is often unpredictable. You might find that there are number reasons you need to purchase insurance, and the choices of policies can be overwhelming. That is why you need to consult with experts in Oaklyn insurance who can point you toward various options for covering your home, auto, and protecting your family.

It may be clear to you why you need insurance, but you are concerned about overpaying. You don’t want policies that leave essential things out, but the same time, you don’t want duplicates on several policies that cover the same thing. An Oaklyn insurance company will help you keep your various insurance options sorted out and help you decide on what the best arrangement is for you. There are options of having individual policies that cover specific things, hybrid policies and umbrella insurance to fill in the gaps created by several policies. An expert can save you the time and trouble figuring out what kind of coverage is right for you in just a few minutes.

The trick of finding the ideal insurance cover coverage is not to get too much insurance or too little, not to overpay and not to underpay. It takes guesswork and expert advice to find the right match, but once you are insured, you can sleep at night knowing that your property is covered and your family is safe.

Types of Temporary Staffing Insurance

If you run an agency that places workers with corporate clients, chances are you see hundreds of resumes and conduct numerous interviews. It is easy to feel overwhelmed with the sheer number of applicants for the positions you are trying to fill. Many prospective employees are prepared to take temporary positions that may lead to permanent employment. The popularity temporary employment for both workers and clients has led to a significant rise in the involvement of staffing agencies, and it also makes the need for temporary staffing insurance more urgent.

You do not want to be held responsible for injury or damage caused by someone you placed with a client. To make sure this doesn’t happen, invest in temporary staffing insurance to protect you from various types of liability. A policy may cover bodily harm, damage to property, monetary loss and other problems. You may also find insurance that protects your agency in case one of your workers behaves abusively or engages in criminal activity.

The screening process is vital to ensure that every worker you place has the qualifications needed to do the job. However, sometimes there are unexpected events that can lead to mishaps. Make sure you have temporary staffing insurance so you can place workers with clients and have peace of mind.

 

Commercial Business Insurance Policy Options

Understanding Austin commercial business insurance options should not be complex. If fact, there are coverage plans that protect nearly every aspect of your organization, from natural disasters to employee injuries. Some coverage is required by state laws and others by landlords or lenders. Obtaining the right amount and type of insurance for your business will help avoid coverage gaps when you need protection.

Minimum Coverage Options

Flexible insurance policy options simplify obtaining minimum coverage to comprehensive protection depending on the life cycle of your business. Your business is exposed to risks from day one, even if you don’t have any employees. The basic coverages you should consider from the beginning include:

  • Property Insurance
  • Business Auto Insurance
  • Crime and Fidelity Insurance
  • Workers’ Compensation Insurance
  • Commercial General Liability Insurance

Certain industries and jobs require specific coverages because associated risks all outside the protection of basic liability coverage. Many business owners realize they need more than the basic coverages provided by most commercial business insurance policies.

Additional Insurance Options for Added Protection

You can custom tailor your insurance policy with additional options, such as umbrella, spoilage, employment practices liability, life insurance for business owners, bailee and transportation and cargo insurance. Talk to a trusted insurance agent to learn more about Austin commercial business insurance products.

Quick Guide to Custom Tailored Insurance for Virginia

It’s hard to find anything that fits perfectly in a world of mass production. Fortunately, there are companies that can do just that for insurance in Virginia. Everyone’s needs are different, and there are a couple of ways you can find a group of professionals that can identify and address your specific requirements.

The first step is finding an agency based in your community. That means looking for people who are focused not only on their professional careers, but on supporting their neighbors through charity and civic work. This is more than just an ethical choice, it means you’re choosing people who are connected to the everyday needs of people who carry insurance in Virginia. Community involvement is often just as good as a personal recommendation.

After that, you’ll want to reach out and see if the group you’re interested in can provide the type of coverage you need. This can be in the form of a visit to the website, but the best way to get quality information is to contact the company directly. Some agencies can work with all types of clients from personal to major corporations.

The short version here is that the perfect insurance policies for you come from agencies that understand how you live and what you need. Then, simply ask if they offer the service you need.

How to Shop for Insurance

When it comes to shopping around for insurance in VA it can be a little stressful. There are so many coverage options and insurance agencies willing to help businesses with their needs. It can be hard to know where to start. With these three tips on what to look for, however, you can find the right agency for you in no time.

Look for Experience

Don’t settle for someone that hasn’t been at the top of their game for years. Some insurance agencies have been leading the way for many years. You don’t have to settle for anyone that isn’t experienced or specialized in your particular business needs.

Look for a Fast Quote

You don’t have time to wait around when you have a business to run. Finding insurance in VA is imperative to the life of your company. You’re not going to want to waste your time waiting on a quote when you could still be looking. Make sure that they offer you a quote quickly.

Look for Versatility

A firm that has many different specialties can help you in all aspects of your life. It’s good to be able to find a solution to all of your insurance needs in one place. If you’re looking for more than insurance for your business, then being able to find it at one firm can be convenient and beneficial.

Insurance shopping can be overwhelming. However, when you know what you’re looking for it can narrow down the search quickly.