If you are a business owner you should already know of the importance of having insurance. A certificate of insurance (COI) is a statement of coverage issued by the company that insures your business. Usually, no more than one page, a COI provides a summary of your business coverage. It serves as verification that your…
As a business owner, you receive an insurance renewal notice each year; every year, the simplest thing to do is sign it and return it. However, signing a new policy without reviewing your coverage is usually a giant disservice to your business. Why? In many cases, you’ll land up underinsured and/or overpaying for coverage. Avoid…
What is commercial auto insurance? Commercial auto insurance is a policy that covers damages and injuries caused by company vehicles. With commercial policies, we have the possibility of financially covering any unforeseen event caused by us or any employee. Protecting both our legal and economic status as well as that of the company, since it…