Posted: June 2, 2016
Sharing a business space reduces costs, but there may be hidden financial risks. If you are planning to share a space with another professional or business, it's important that you are protected by the right type of insurance. Your current policy may not adequately cover your business if you co-work with another professional in your industry or related enterprise. Sharing the costs of overhead can be...
Posted: May 16, 2016
Your home is probably your most valuable possession; losing it to fire is unimaginable, but it happens. As a homeowner, you can take steps to minimize the fire hazards in your home and not only protect your loved ones, but also avoid expensive property damage. Plan an Escape Route Every family member should be involved in a fire safety plan so each person knows exactly what to...
Posted: May 2, 2016
While all business owners want their enterprises to be both productive and profitable, you may not have considered the costs associated with a business interruption. Business interruption coverage can be added to your property insurance; this form of insurance is critical in keeping your business fully protected. It is impossible to predict every eventuality, particularly the damage incurred when a heavy storm or other disaster damages your...
Posted: April 18, 2016
Damage to a home can be costly and time-consuming to repair, but the dangers associated with water damage extend beyond the immediately obvious. Even surfaces that do not feel wet to the touch may conceal serious damage to internal structures, which in turn can lead to even greater repair costs down the line. If the damage isn't covered by your homeowners insurance, then expect the...