Blog Page 7
Do 1099 Employees Need Workers Compensation?
Does an employer have any responsibility to provide workers compensation to a 1099 contractor? Does a 1099 contractor need to provide workers compensation to themselves. even though they don’t have employees? The answer to both questions is yes, and we’ll explain why.
General Liability Insurance: Everything You Should Know
The commercial general liability (CGL) insurance policy is one of the most common business insurance policies in America. This broad coverage insures businesses against most third-party property damage or bodily injury claims. Although there are a variety of commercial general liability coverage forms, the most common is the “CG0001 - Commercial General Liability Coverage Form.” Today we will review this form and explain how most insurance policies are put together.
What Is Commercial Insurance? An Introduction
Commercial insurance can seem complicated. There are virtually unlimited options for you to purchase or not purchase. Knowing the basics with some commercial insurance 101 knowledge can help you manage your business risk, while helping you save money on coverage that you may not really need.
6 Common Errors And Omissions Claims Examples
Professional service providers often have more legal exposure to risk than they realize. A screw up or failure, no matter how unintentional, can have major consequences for even the most respected firms and expert consultants.
Breach Of Construction Contract: What Happens Next?
A contract will be written and include signatures from both sides with details regarding what both parties’ obligations are. If the person performing the work doesn’t meet these requirements, they are in breach of contract. Once this happens, there are a few different ways the dispute can be resolved. Here is what you need to know.
Property Investor Insurance: What Coverage Do You Need
Whether you have 50 or 500 properties, each building in your portfolio needs to be protected from loss and damage. This extensive guide will explain all the different types of property investor insurance and what coverages might be best for your business.
What Is Mediation?
Mediation can offer a faster and more cost-effective alternative to civil trials. Through the help of an unbiased mediator, both parties can negotiate a mutually agreeable outcome. Here is what you should know about mediation.
What Is Ordinance And Law Insurance Coverage?
Commercial property insurance covers the replacement or repair of your building using similar materials and construction methods. However, what happens if your building requires upgrades due to local building codes and requirements while it is being repaired? Ordinance and Law coverage can help pay for these upgrades should such a situation arise.
What is Contractor’s Tools & Equipment Coverage?
The Contractors Tools & Equipment insurance policy is designed to provide coverage for a contractor’s equipment, tools, and machinery, wherever you may take them.
What is an Insurance Exclusion?
Insurance exclusions limit the type or amount of coverage you receive through your insurance policy. Here is everything you need to know about exclusions.