How Can You Save Money on Workers� Comp Insurance?

Brandon Pittman28 Jul, 2022Finance

Employers spend close to $1 billion a year on work-related illnesses and injuries that could have possibly been prevented with proper training. Besides creating safety awareness among employees, workplace safety programs can lead to an increase in productivity and a renewed sense of well-being.

How Do Payment for Home Insurance Claims Function?

Brandon Pittman28 Jul, 2022Finance

Insurance claims that you file against your homeowners insurance aren?t always paid in lumpsum and to the owner. Some come in staggered installments, and at times it can even be paid to someone other than yourself. It?s important to know how the claims process works to ensure that everything is taken care of when you start repairs or replacement work.

Key Differences Between General Liability Insurance and Business Owners Policies

Brandon Pittman17 Jul, 2022Finance

Business owners have to juggle multiple responsibilities while operating their business. Every business is exposed to risks depending on the industry that they are involved in. Luckily, there are multiple insurance options for you to consider that allow you to protect your business during emergencies.

Why Should Consultants Carry Professional Liability Insurance?

Brandon Pittman17 Jul, 2022Finance

As a consultant, your job is to help companies attain excellence. Therefore, you should show that you?re making excellent business decisions in your own business. Any business that offers consultancy services should have professional liability insurance.

10 Common Construction Risks (And How to Best Manage Them)

Brandon Pittman27 Jun, 2022Finance

Entering the construction industry can be lucrative and rewarding in multiple ways, but there are also several construction risks to consider. These risks can be resolved financially with a mix of general liability insurance and special coverage. Here are some of the biggest risks facing building contractors.

Understanding Workers� Compensation Eligibility and Requirements

Brandon Pittman27 Jun, 2022Finance

Workers? compensation insurance only covers work-related illnesses and injuries. Workplace accidents that aren?t due to an employee?s misconduct are covered. Workers comp insurance also covers repetitive-motion injuries which result from cumulative effects or certain jobs like typing on keyboards or lifting heavy objects while stocking shelves.

Does Workers� Compensation in NC Cover Injured Truck Drivers?

Brandon Pittman15 Jun, 2022Finance

Truckers may be entitled to worker?s compensation if they?re ordinary employees working for a large company. Their employer should sponsor their coverage because they control the workplace, schedule, and manner of work. However, an owner-operator who has a contract with other parties to transport freight for a fee is a contractor rather than an employee of their clients.

Is Umbrella Insurance Necessary in North Carolina?

Brandon Pittman15 Jun, 2022Finance

Umbrella insurance provides additional liability coverage beyond the limits of your primary liability insurance policies. For instance, if someone is injured at your home and files a personal injury lawsuit against you, your personal liability coverage covers the costs up to your policy limits.

What Are the Differences Between Commercial and Business and Personal Auto Insurance?

Brandon Pittman24 May, 2022Finance

Finalizing terms for both personal and commercial auto insurance in NC can be complicated at times because of the differences in coverage and situations covered. Learning the similarities and differences between these policies and the potential liabilities covered will help you choose the right coverage for your vehicle.

General Liability Insurance for an LLC � What You Need to Know

Brandon Pittman24 May, 2022Finance

General liability insurance is a worthwhile investment if your LLC owns valuable assets like real estate. Like most businesses, you?ll probably not incur more than $1,000 per year in coverage costs. The cost of liability claims and legal defense fees can run into tens or hundreds of thousands of dollars, and insurance premiums are a small price to pay for this protection.

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