Insurance is mandatory for your small business if clients or other stakeholders, like landlords or suppliers, contractually require you to purchase insurance. This is common when working with large corporations because your insurance policies decrease the chance that...
Starting your own construction business can be an exciting and highly profitable venture. Even if you have significant experience in the industry, a lack of planning for the future or your finances may cause your new company to fail within the first couple of years....
Have you ever heard of the term professional liability insurance or errors and omissions (E&O) insurance? Essentially, these two terms describe an insurance policy that mitigates the risk of lawsuits resulting from professional services and negligence claims. This...
Contractor insurance costs depend on factors such as your company’s history, location, niche, policy terms, and the size of the business. It’s ultimately bespoke to your company and requires a proper assessment of your needs. This article discusses what factors affect...
The cost of professional liability insurance considers numerous factors. It’s determined based on the company’s history, location, industry, coverage details, business size, and more. Professional liability insurance costs are ultimately hard to determine without the...
