GAHZLY

So you started your own business. You’ve seen a hole in the market or come up with a brilliant new idea. You’ve got things underway and maybe even started to make a bit of money. Well, before you take one step further, it’s time to think about insurance for your business. After all, you took a big risk starting your own company and that means you need to mitigate those risks as best you can. The hardline fact about coverage and businesses is that you need it. Everything you have for your business, from vehicles to basic liability, requires insurance. Without it, you could put everything you’ve built in jeopardy, open yourself up to crippling financial issues, or even be in violation of the law. But not to worry, here are some basics about coverage of your business that can help you get the protection you need to succeed. Types of Business Insurance The first thing you need to understand about coverage and your business is the different types that exist. Depending...

A strong social media presence can be challenging to accomplish for B2B (business to business) insurance agencies. Many B2B companies struggle to showcase their professionalism, and build an audience through social media marketing. Consider the following tips to help make sure your agency is maximizing your social media marketing efforts. Create Your Online Persona Your social media presence should have a well-defined personality. Informative, helpful, engaging, timely and relevant are all characteristics top B2B social media accounts consider when creating their online persona. Decide what your online voice will sound like. Will you be formal or informal, speaking to individuals or businesses, sounding like a reporter or an op-ed contributor? Will you be sharing company employee events, creating contests, reporting on industry changes or regulations, or all of the above? Your agency goal is to build rapport and a sense of community with both clients and prospects. But first you need t...

It doesn’t matter what kind of industry a business is involved in: there is always the potential to be held liable for some incident or another – especially in this sue-crazy society. You never know what kind of claim your company might be faced with, whether it’s due to alleged negligence or wrongdoing. Depending on where you live, you’re probably required to have at least basic commercial business liability insurance. There are different levels of Commercial General Liability and you need to learn the difference between occurrence-polices and claims-made policies. The former covers claims as long as the events regarding the claim occurred during a specific time period. The latter provides coverage over a specific period of time, EVEN IF the event occurred prior to the purchase of that coverage. Some insurance companies offer business policies that cover specific types of liabilities based on the industry. If you’re a tech consultant, for instance, and don...

AUTOPOST by BEDEWY VISIT GAHZLY

Running a business which involves the use of automobiles can be though but having to deal with Commercial Auto Insurance can be tougher especially when you don’t know the right one to choose. One of the most challenging decisions you will make as a business owner is choosing the right Insurance policy which is capable of protecting your business assets as well as your employees against unexpected financial loss and the threat of a lawsuit. The first step involved in choosing the right type of Auto Insurance is to understand the different types of Commercial Insurance coverage’s which are available. Basically, Commercial Auto Insurance break vehicles down into two major categories The private passenger -type automobiles such as cars, vans, SUVs, and small trucks Trucks, trailers, and tractors which include pickups, dump trucks, dry freight, refrigerator box, auto hauler, tanks, and so on. There are two main categories of commercial auto insurance: General Insurance and Specia...

It is rightly said that necessity is the mother of invention. This applies to health insurance also. Deteriorating lifestyle patterns and the rising cost of health care in India has paved way for health insurance services. This need has further aggravated by the fact that unlike the West, the social security systems are non-existent in India. The governments have made all the provisions to extract tax from the citizens at all possible points but when it comes to health care and social security, it has not done anything at all. Thus, it is the responsibility of the citizen to secure himself. But it is not that smooth to get the right health insurance policy. There are over two dozen general insurance companies which are offering different types of health insurance plans in India. Many times, people end up buying health insurance plans which are not relevant for them and which do not help them during the time of need. Therefore, it bears crucial significance that you understand the nuanc...

If you want to choose the best auto insurance policy, it is important to do a thorough study and review the prevailing auto insurance companies in the market. The next step is to go through the auto insurance reviews posted about the company. This will surely give you a fair idea of the repute and reliability of the insurance provider. Internet is undoubtedly the best way to get useful and valid information. It makes sense understanding the terms and conditions of the policy and other legalities involved prior to purchasing the policy. The best way to go about is to invite auto insurance quotes. The individual only needs to part with some basic information that is required for inviting these free online quotes from the insurance provider. A detailed and in depth auto insurance review would give you a fair idea of whether the insurance provider will be able to meet the promises. It goes without saying that the products sold by the insurance companies are one and the same with min...

Unfortunately, the insurance industry has always reported incidents of fraud, whether it be in relation to homeowner insurance, business, auto, life, umbrella, or even bonds. No niche, however, is so vulnerable to fake claims as workers compensation. Read these eye-popping cases, and join the insurance companies’ fight against fraudulent activity. Robbing from the Rich to Give to the Poor This may seem straight from the fairy tale books, but it’s true! An elderly physician was found guilty of workers compensation fraud. His criminal activity consisted of filing dishonest insurance claims totaling more than $170,000. The ‘good’ doctor pleaded with the sentencing judge for mercy as he explained the facts of his crime. What made him different than other thieves was that he had deliberately overcharged patients who had their medical bills paid for by workers comp coverage. In this way, he was able to service patients who could not afford to pay out of their own pocke...

When you are considering health insurance it is essential that you ask a number of specific questions about a health insurance plan quote to ensure that you get the right cover at the right price. Here we look at 10 questions that you need to ask: Question 1. What out of pocket expenses and deductible will you have to pay? No medical insurance plan is going to meet all of your medical bills and you will usually have to meet a deductible before your insurer will pay out at all and will also ask you to meet certain other expenses. Question 2. What health screenings and examinations does the plan include?Health plans vary considerably when it comes to preventative care and you will have to look to see what screening tests are covered. For example, does the plan cover all family members including babies, children and adults and provide such things as breast examinations, mammograms and pap smears? Question 3. Is specialist care and referrals covered? When you require a referral to a specia...

Home insurance can be a complex issue, but you can make your decision easier by taking the time to understand the basics. For most people, their home is the biggest financial investment of their lives, so it’s extremely important to properly insure it. As you learn more about the topic, you will be able to compare house insurance quotes online and decide which one is the best for you. What, exactly, does a policy cover? While the specifics vary from one policy to the next, in general, home insurance covers: • Dwelling (repairs and rebuilding) • Personal property for certain types of items such as furniture • Liability (in the event of a lawsuit) • Other structures on property • Loss of use (in the event that you have to temporarily move out of your home while it is being repaired) There are also options for additional home coverage, such as add-ons for specific items. Flood, fire, hurricane, etc. coverage might also be required depending on where you live....

As the water began to drain from New Orleans in 2005, we learned that most of the homeowners in New Orleans did not have flood insurance, since they were supposedly in “low risk” areas. The over 60% of homeowners will need to depend upon their own savings, and limited federal assistance, to rebuild New Orleans – at an uncalculated cost for homeowners and taxpayers. Could that level of disaster, especially that level of uninsured disaster, happen in California? Less than 15% of California homeowners currently carry earthquake insurance, due to its high cost, the “can’t happen to me or my house” factor, and mortgage providers not requiring coverage. The next big quake will result in billions of uninsured damage – but is earthquake insurance really worth the high cost? How Did We Get Here? The state of California requires that all homeowner’s insurance providers to at least offer earthquake insurance (albeit, at a high cost). Until 1994, ...

Tornadoes, Floods, Wildfires…and we just began Hurricane Season! After the March tornadoes, I posted a Top Ten List of extremely important things to do after your property is damaged in a disaster. In the next ten postings, I’m going to expand on each of the strategies in the Top Ten List. Back in March, we here in the metro Atlanta area had an F4 tornado strike the downtown area of Atlanta. That tornado did about $300 million in damages. About a month later, another group of twisters hit between Atlanta and Macon, doing about the same amount of damage. Now, we’re seeing tornadoes all over the middle of the USA, and massive flooding has struck four or five states, affecting hundreds of thousands of people. And don’t forget the wildfires charring Southern California. But…cheer up! We have a long Hurricane Season that began June 1, and goes until the end of November!! The first strategy in the Top Ten List is….SLOW DOWN. How many times have you heard an...

Life insurance fraud is a black eye on both life insurance companies and life insurance customers. Both parties have been guilty of life insurance fraud and will be again–especially since, sadly, fraud seems to be on the rise according to most statistical measures. Research by the non-profit The Coalition Against Insurance Fraud concludes that life insurance fraud committed by all parties costs an average household $1650 per year and increases life insurance premiums by 25%. Life insurers are most often guilty of insurance fraud in the form of their agents doing “churning”. This is where the agent seeks to cancel your existing life insurance policy and replace it with a new policy that is paid for by the “juice”, or cash value, in your existing policy. Agents do this to earn more commissions for themselves without having to seek new prospects for business. Churning can result in increased premiums for a customer and clearly costs them out of their cash valu...

Cyberattacks are on the rise, so it’s no surprise that cyber insurance continues to be one of the fastest growing areas in the insurance industry. For insurance agencies, there are two sides to this coin, opportunity for cyber insurance related growth, and the potential for a malicious cyberattack against their own agency website. How can you make your insurance agency website more secure and limit your exposure to a cyberattack or breach? The Basics Install SSL. This is a mandatory step for all websites! Update your software frequently. This includes your operating environment, coding, theme, plugins, etc. Use complex passwords. All passwords for all user access to your website should be complex. It’s often best to use the computer-generated passwords provided by your system. Educate your users. Take the time to ensure all employees and contractors understand cyber security best practices including preventing phishing emails and other hacking emails. Use anti-malware so...

WordPress is the most popular and pervasive website content management platform on the market, with market share estimated by some to be over 60%. Website owners (or those responsible to maintain their Insurance WordPress sites) can and should manage user access to tasks such as writing and editing, page creation. Category creation, comment moderation, plugin and theme management, user management, by assigning specific roles to all users. WordPress Predefined Roles: Super Admin Administrator Editor Author Contributor Subscriber Role Definitions Super Admin: Allows access to all sitewide administration and features. This role should be severely limited, as it is the most powerful, and allows the user to make major site modifications. Administrator: Not as powerful as Super Admin, but still has access to all administration features within a single website. Editor: Allows users to publish and manage posts, including other users’ posts. Author: Allows the user to publish and manage th...