PHONE : 1-888-242-4675 | E-MAIL : Info@insureyourcompany.com
Business Type :
Login
Best In-Class Business Insurance for Technology Firms & IT Consultants
Hired and Non-Owned Auto Insurance is coverage that business owners can purchase to protect themselves financially from damages caused by vehicles that they do not own, but which are used for business purposes.
This coverage provides liability protection for property damage or bodily injury to third parties involved in an auto accident with someone from your company driving a hired or non-owned auto.
HNOA can be purchased as a stand-alone policy or added as an endorsement to a commercial general liability policy.
Consider this scenario:
You ask your administrative assistant to pick up lunch at a local restaurant for an important business meeting. On the way back from the restaurant, they lose control of their vehicle, hitting a pedestrian and a parked car. Their auto insurance has lapsed.
Could your business be liable?
The simple answer is yes.
This is why it’s important to understand the different types of auto insurance coverages that are available and how they apply to your business.
Businesses use vehicles in many ways, whether it be driving a company-owned delivery van, renting a vehicle while on a business trip, or employees using their own car in the course and scope of their job.
It’s important to note Hired and Non-Owned Auto Coverage does not provide coverage for accidents that occur while an employee is commuting to or from work or while running personal errands. In most cases, it only provides liability coverage, meaning the insurance does not provide protection for any damage to the hired or non-owned vehicle involved in the accident.
In insurance policies, these different usage scenarios are specifically defined and affect coverage.
As used by insurers:
Owned autos – owned vehicles are vehicles that are owned by your business and are the most straightforward to cover.
Hired autos – hired autos are vehicles that are rented, borrowed, or hired. For example, if you are on a business trip and you rent a vehicle, this would be considered a hired auto.
Non-owned autos – non-owned autos are vehicles that are used in the business by an employee that do not belong to the business. For example, if an employee uses their own vehicle to run errands, their car is considered a non-owned auto.
Your business may benefit from reviewing your current coverage if you use hired or non-owned vehicles.
It’s also important to keep in mind that with Hired and Non-Owned Auto Coverage insurance policy, other coverage would apply first.
For example, if an employee were driving their vehicle to the post office, coverage under their personal auto policy would apply first. If the employee doesn’t have coverage or the policy limits are not sufficient for the claim, the HNOA policy would then apply.
Many contracts tech consultants enter into often require proof of adequate auto insurance, including coverage for hired and non-owned autos.
As you think about your business, consider if your business has hired or non-owned auto exposures. Do your employees ever use their own cars to do their job? Does anyone in the company rent vehicles while on business trips? Do you ever find you need to rent a vehicle to make a delivery to a customer?
There are many considerations when it comes to insuring your consulting business. Many of our clients are often surprised by how affordably they can get the coverage they need so their personal assets are not put at risk. Contact us today so we can help you determine if the coverages you currently have provide the protection you need.
This article is for general information purposes only. It is not insurance, tax, legal, business, or other advice. For specific insurance questions related to you or your business, please review your policy and contact our office.
The answer to this question is a straightforward one, and it’s one that could have significant consequences for the future of your business. In the world of entrepreneurship, unexpected events can happen, and they can happen fast. One misstep could mean the difference between success and failure. That is why it’s essential to consider insurance to protect your investment.
So, do you really need business insurance for your LLC? The answer is yes.
Let’s dive deeper into this critical topic and explore what types of coverage you should consider.
In a Limited Liability Company, the business itself is typically the entity that obtains insurance coverage and provides coverage for the owners, employees, any business property or other assets used to run the business. This type of business structure combines the liability protection of a corporation with the tax benefits and flexibility of a partnership. The Legal entity of the LLC is separate from its owners generally protecting personal assets. Even though you created an LLC and purchased commercial insurance it may be necessary for owners or employees to purchase their own individual insurance policies for extra personal asset protection.
Each insurance policy will have coverage for an array of risks and liabilities based on the industry your business falls under. It is important when you talk to an insurance agent to give a detailed description of your operations so you can properly protect every aspect of your business. Insurance covers evets that arise out of the operation of your business that result in a liability exposure, bodily injury or property damage. Each industry will have different risks and even laws or regulations that dictate what insurance will cover.
Insurance provides a dollar amount of coverage for different types of events. You will see this referenced in your insurance policy as limits of liability. Commercial Insurance Products are broken down into different polices that protect the various events a Limited Liability Company can experience.
Below is a list of policies every LLC should have and how they protect your business.
Commercial general liability provides coverage for slips, trips or falls and other liabilities while people are on your property or while doing business together. Property damage can also be added to this policy. Adding protection for property that you own and use for business. This is a must have policy if you are an LLC, it provides basic levels of coverage that you can modify depending on the needs of your specific vertical.
This policy protects against injury or illness of an employee related to your business. It provides medical benefits and income protection and can protect an employer from lawsuit. (This coverage is often required and regulated by the state, please confirm with your states labor department) If you have or hire employees in your LLC you need Workers Compensation. It is best to confirm with an insurance agent, such as the ones here at Insure Your Company. They can easily tell you what coverage is mandatory and how insurance will protect your LLC.
Professional liability insurance (or Errors & Omissions insurance) protects your limited liability company if it is sued for negligence or other errors related to the services you provide. Designed to cover the cost of legal defense, settlements and judgments that may arise from such claims. This coverage is essential if you provide a professional type of service.
Cyber-attacks are an ever-present threat to businesses of all sizes and their effects can be devastating. Cyber liability insurance provides coverage options to help protect your company from data breaches and other cyber security issues. Lost data, lost devices, lost money, notification requirements, and forensics are all potential liabilities facing your business. Cyber insurance can help.
Third Party and First Party Fidelity Crime Bonds protects your business when a criminal act is committed by a third party or first party depending on the type of policy. Crimes like embezzlement, Fraud, forgery and theft of money or property can be covered.
Commercial property insurance protects your LLC’s physical assets such as your building, equipment, inventory or other property that is essential to your business from covered events like fire, theft or natural disaster. The insurance coverage will help repair or replace your property after a covered event.
This insurance is designed to protect business including LLCs, from accidents involving vehicles used for business purposes. Commercial auto coverage includes Liability, physical damage, medical payments, underinsured/uninsured motorist. To obtain a commercial auto policy the vehicle must be registered to the LLC.
Also known as business interruption insurance, it provides financial coverage for lost income and expenses when your business is temporarily unable to operate due to a covered event. Events like fire, natural disaster and other unforeseen acts can leave your LLC shut down for an unknown period of time. Coverage can also help provide rent, utilities, employee salaries and other additional cost with getting your business back up and running.
Having business insurance is crucial for safeguarding you company against life’s uncertainties. While it is not a legal requirement for operating an LLC, not having insurance can leave you vulnerable to the unexpected mishaps. When crisis strikes, it often hits hard and fast, and an LLC is not immune to this. Whether it’s a natural disaster or a lawsuit against your business, you must prepare for the worse-case scenario.
While it is easy to create and maintain an LLC you can still be liable for damages resulting from a lawsuit or personal injury. This is why business insurance is as the best solution to protect your LLC, Your personal Assets, and your success. By investing in insurance, you can have peace of mind knowing your business is secure and you don’t have to bear the financial burden of unforeseen events alone.
It’s Important to note that the specific coverage and limits of all commercial business insurance will vary depending on the policy you choose, so it is important to review your policy carefully to understand exactly what it covers.
InsureYourCompany provides comprehensive Technology Business Insurance solutions to protect your company from potential risks and liabilities. Our policies are tailored to meet the unique needs of your technology-based business. Request a free quote today and ensure the future success of your company.
Summertime is a time for adventures, new experiences, and day trips to the waterside. Whether you’re inspired to learn a new skill or just lounge in the shade, staying satisfied with your work-life balance in the summer can be a challenge. When your inner self is longing for barbecues and adventure but your weekly workload stays the same, how can you ensure that you’re having a good time?
With a little forward planning, you can make sure you get enough play – and enough work – to make this summer a satisfying success.
First, take control of your schedule. You are the master of your own time, both on and off the clock. Jump out of that wintertime rut and realize that how you spend your time is up to you. Some job schedules are more flexible than others, and you may be able to arrange for time outdoors when you most want to enjoy the summer. But even if your work schedule is set in stone, you can still control how you get ready in the morning when you sleep, and the plans you make outside of work time.
Don’t let your weekends slip by in a haze. Summer weekends are a valuable resource, whether you’re longing to get out of the house or get some extra summer sleep. Make plans a week or more ahead of time for each of your summer weekends. You can book yourself a weekend class to try something new and meet new people or you can order supplies to the house for some fun summer handicrafts. Plan a camping trip, plan a day trip to the beach, lake, or pool, and make sure you enjoy every weekend you get this summer.
Longing for the outdoors when there’s work to do? You may be able to combine the two. Look for (or create!) a shady outdoor workspace. If necessary, run an extension cable to a power strip to charge your laptop and phone while you lounge under a tree or a shady awning. If you work at home, set up an “office” on the back patio. If you commute, check around for a shady balcony or a tree-shaded corner of the landscaping where you and a foldable deck chair can catch a few hours of relaxing work in the summer air.
What are your employee perks? Aside from health insurance and retirement contributions, there might be some gems in there that you haven’t been using. Does your workplace sponsor gym memberships or a recipe box delivery? Are there office building amenities you’ve never explored? Are there “healthy lifestyle” rewards you can claim for summer activities you were already doing?
There might be cool programs to join, classes to take, or programs you’ve never heard of – but would be cool to try – that is included as part of your total employee perks package. Why not enjoy these free perks this summer?
If you want vacation time this summer to travel, spend time with family, or just kick back at home – book it early. Request your days weeks or months in advance and, if your plans are flexible, be flexible with co-workers to make sure everyone gets the vacation days they need for summer plans. Most employers are cool about booking some summer vacation time, as long as the whole team doesn’t try to take the same days off at once and productivity can be coordinated around vacation days.
Make a special checklist of people you want to spend time with this summer. Summer break and the holidays are the two biggest times to reconnect with family, and summer is usually the best time to stay in touch with good friends outside the family circle. Make time, maybe schedule a few weekends, for the people most important in your life. You can also look up old friends and colleagues through social media to plan fun meetups throughout the summer and reconnect with cool people.
Don’t forget the beauty of summer nights. During the summer, your day doesn’t have to end at sunset. Even on weekdays, you can enhance your enjoyment and work-life balance by embracing the nighttime. There’s something magical that happens on a summer evening when the sky darkens and the air cools to a comfortable warm night. Let yourself enjoy each evening. Take a sunset walk or share dinner with friends. Or just lounge on your deck and enjoy the sounds of summer creatures as the night settles in.
How can you enjoy every day of summer and maintain a healthy work-life balance? It’s easier than you think. With just a little planning, you can make sure you get to enjoy your summer and meet your work goals in a comfortable balance between relaxation, adventure, and well-rested productivity. Contact us today for more smart career insights and summer tips.
This article is for general information purposes only. It is not insurance, tax, legal, business, or other advice. For specific insurance questions related to you or your business, please contact our office.
Getting a decent job in the tech industry can be a hassle. You may have already experienced this, having sent countless application letters, made necessary adjustments to your resume, and attended numerous networking events, but still unsuccessful. You should consider working with a tech recruiting agency if this has happened to you. Here is all the essential information you need to know about recruiting agencies and how to find the right agency for your tech skills.
It may seem like taking a big step, especially if you are a beginner, but a recruiting agency might be the hidden ingredient missing from the menu. A tech recruiter will help you bag jobs and ease your way into the industry. If you are already working, but the position doesn’t utilize your tech skills or find it boring, a tech recruiter can also come in handy. An agency uses its connections to help you get noticed, even when you have little or no valuable contacts to help you get unstuck.
Among the advantages of working with an agency is minimizing. You have more time to prepare for an interview other than look for one. Most agencies also have existing connections with various tech companies. If you are their client, they can get you in front of hiring managers much easier. They also have a greater understanding of the tech industry and can help you get to the proper position and company that suits your tech skills. Lastly, agencies know how to make their clients stand out during interviews. Through their interactions with the hiring managers, they know what the managers are looking for and will help you prepare to match the job description.
Working with a recruiting agency also has some downfalls. For instance, the agency may have limited connections. In some cases, the agency may also lack the type of connection that can land you your dream job. You may have expertise in cybersecurity, but the agency has better links in information technology or other tech disciplines. The other issue with an agency is that they tend to serve multiple clients. This makes it hard for them to invest much time in finding you a job as you wish.
You can decide to either wait for an agency to come to you or approach them first yourself. Here are some tips when going about it.
Before settling on an agency, please find out how long they have worked in recruiting and the average success rate of the associated clients. You can gauge the likelihood of getting a positive outcome with this information. You can also look into the companies associated with the agency. Usually, companies hire recruiting agencies to find top talent for them.
Champion yourself when talking to a recruiting agency. Get clarifications, and don’t hesitate to ask questions about things you don’t understand. Understand the recruiter’s perspective and point of view. The recruiter will take you seriously and invest in finding the right tech job for you.
It is important, to be honest, and refrain from withholding information you think might jeopardize your chances of getting a job. Maybe you are unwilling to work in emergencies or past 6 pm because you want to balance work and family time. Inform the recruiter so that they can find you a job that matches your expectations.
After you find the right agency, the hard work of finding the right job is up to the agency. They will bring relevant jobs to you so that you don’t have to trawl through job sites. At Insure Your Company.com, we can assist you with tips to connect with the right recruiters. Contact us today and learn more.
You have likely heard that your business cybersecurity needs to run on least privilege, zero-trust, and make use of data access management. But what does this really mean, and how do these methods offer an essential layer of internal data protection?
Every employee is also an entity in your data system. They have data created about them and are able to access company data through platforms and file systems. They can contact customers through the company CRM or contact list, and they can make changes to projects that they have editing permissions for. Modern employment is a landscape of access management, with each employee accessing a unique tree of files, systems, and sections of your business data network.
Of course, not every employee should access every part of your business data. Your marketing team doesn’t need to – and shouldn’t – see finance department spreadsheets. your shipping team shouldn’t know anything about the customers, and HR’s employee records should be siloed from access by almost any other user or department. Managing this complex – yet practical – ruleset about employee access to specific company data is called data access management.
Access management gives access to each project, file, or folder based on individual authorization and permissions. Permission can be granted as part of group membership (ex: on the marketing team) or granted individually.
Keeping employees from seeing what they shouldn’t – and stopping bad actors in the system – is done with the least privilege and zero-trust protocols.
Businesses have always managed a variety of paperwork that needs to be isolated between roles and managers. Each employee can be entrusted with certain responsibilities and access to certain data, but not all of it. This introduces the principle of least privilege. Each employee should have access only to the data, projects, and controls that they need to perform their role. Everything else should be limited to additional requests and authorization.
This can avoid accidental data leaks, undetected data theft, and damage to files from people who should not have access. Least privilege seeks to closely define the data needs of each employee role and ensure that team members are unable to do accidental or intentional harm with further access.
In order to implement the principle of least privilege, you first need a system that uses an access management system to determine individual authorization for each file or project.
Now that you’ve assigned every team and employee-specific authorization – and removed authorization to access non-job-related files – how do you maintain this precise and high level of internal data security?
This is done with a policy of zero trust. Zero-trust is a technical approach, requiring the re-checking of authorization and seeking of red flags on a regular basis. This ensures that access is never “Grandfathered in” from a previous login. Zero-trust policies often include idle time-out log-out features to prevent a new user from approaching a logged-in terminal, as well as location detection.
Zero trust protects against both hacker-stolen logins and thief-stolen devices. The policy also protects against account infiltration. A hacker who manages to operate a dummy employee account on your system will be – by default – denied access to all but the most public files and their account activity is likely to be flagged by the zero-trust checks.
There are many advantages of implementing this triple-stack of internal data security methods. The least privilege protects against mistakes and bad actors with data inside the company network. Zero trust protects from hacked accounts and network infiltration. Access management ensures that even though your data is locked down internally, each team and employee can reach exactly what they need to operate smoothly.
For more cybersecurity insights for your business, contact us today.
Inflation is a rising price level of goods and services. In the United States, the Consumer Price Index(CPI) measures inflation. The CPI measures the average changes in prices paid by consumers for a basket of goods and services.
The CPI basket includes food, housing, transportation, and medical care. In the previous five decades, consumer prices in the United States have been steadily increasing.
The only time prices dropped was during the financial crisis of 2009, when they did so for the first time since 1955. Between 1984 and 2020, the price level in the United States more than doubled.
In recent years, particularly in 2020, there has been an increase in health insurance and housing prices. These increases have been due to inflation and the COVID-19 pandemic.
That’s because businesses had to pay more for health insurance and rent. The pandemic also caused a decrease in demand for some goods and services. This decrease in sales led to a decline in prices for some items, such as travel and entertainment.
Inflation has different effects on different sectors of the economy, but one sector that is particularly affected by inflation is the insurance industry.
During periods of high inflation, insurance companies face rising costs for claims payouts and increased operating costs. For insurers to offset these rising costs, they typically raise premiums, impacting consumers negatively.
In some cases, consumers may be forced to drop their coverage altogether due to the increased cost. In addition, inflation can also reduce the value of investments held by insurance companies, impacting the insurer’s solvency.
However, there are several ways insurers can try to protect themselves from the impact of inflation. For example, they may increase the length of time policies are in effect or raise the deductible amount a customer must pay before coverage begins. They may also reduce benefits or exclude specific perils from policies altogether.
Inflation is one of the significant uncertainties of life. No one knows exactly how much prices will rise in the future or how those price increases will affect their ability to pay for things like insurance.
Nevertheless, inflation influences insurance in a few different ways. Here are the most notable effects:
Ultimately, however, how much inflation impacts your insurance costs depends on many factors, including the type of policy you have and the insurer you’re with.
Inflation in the insurance industry is something that happens from time to time. It’s natural for companies to reassess their costs and make adjustments based on the current market conditions.
That said, there are a few reasons why inflation might be happening more now than it has in the past.
For one, the cost of healthcare continues to rise. That means insurance companies have to pay more for claims, which eventually get passed down to consumers through higher premiums.
Secondly, we’re seeing an increase in natural disasters, which are also costly for insurance companies. Thirdly, the number of people covered by health insurance has increased thanks to the Affordable Care Act. It means that more people are using insurance, leading to higher prices.
Lastly, the insurance industry is becoming more competitive, leading to price hikes.
So, while it’s difficult to say exactly how much inflation will affect your insurance premiums, it’s essential to be aware of the potential impact and take action as needed. Contact us today for more insights and learn more about how we can help you secure the right insurance for your business.
In the modern business environment, every business needs complete multi-department functionality. You need legal and financial compliance oversight, a full-stack IT team to set up your secure business network, a digital marketing presence, and the core team that actually operates your business’ core function. So it’s no surprise that keeping overhead how for small business startups has become a serious challenge.
For small businesses across all sectors including retail, service, healthcare, and software-as-a-service companies, you don’t have to go over budget to cover all your bases. Let’s explore eight of the best ways to keep your overhead low as a small business team.
You don’t need to hire every person you need on-staff. This is good because the number of specialist services a business needs has multiplied in the last few decades. Instead, small businesses in all sectors are now outsourcing entire departments that they don’t keep on staff – at a much lower price for custom-scaled and as-needed services.
In IT, you might hire an MSP or Managed IT service. In finance, you might hire a “fractional CFO”. In marketing, you can hire a digital marketing agency. Or you can choose a platform that provides these functions as-a-Service. Prioritize the team your small business needs and outsource the rest of your departmental needs at a discount.
Use software and automation to multiply the efforts of your onboard and outsourced teams. Your marketing team can be empowered by email and social media automation. Your HR department can streamline using the right management software to make their diverse duties routine. Backed by timed routines, AI-powered algorithms, and even chatbots, your team can do a lot more with their limited hours in a day.
You don’t have to handle every expense directly out of your revenue. Smooth your finances and reduce the risk of unnecessary operational costs with a floating business line of credit. Like a credit card, this is a line you can pull from and pay off as-needed instead of a finite small-business loan.
Ergonomics is the study of efficiency in the workplace. An ergonomic chair holds the body in a position that reduces stress points and maximizes time someone can spend sitting and working. In a floorplan, ergonomics facilitates easy movement and smooth traffic. But in business operations, applied ergonomics can help you identify inefficiencies, pain points, bottle-necks, and then find the best way to empower, streamline, or equip your team at each point.
One very popular option for reducing office overhead is to “go green”. Once thought a costly gimmick, the digital tools are now available to truly cut disposable products and resupply expenses from your overhead costs.
You don’t have to buy your first office, or even the large equipment you need to operate your business. Many startups begin by renting their biggest expenses. If you have revenue turning over but don’t have the deep wells of investment capital to buy your own location or equipment yet, don’t worry about it. Instead, focus on business growth beyond the costs of leasing until you are ready to buy.
Many of the expenses of a small business like marketing and even supply chains can be lessened when you team up with other small businesses. Form an alliance with other local businesses and practical brand partnerships to share costs wherever possible.
For the financial resources, your small business startup needs to operate and grow, contact us today.
A Limited Liability Company (LLC) is a type of business structure that protects the owners from liabilities that the company may face. In other words, financial obligations and other problems faced by the company won’t be extended to the owners’ assets. Therefore, the owners, commonly known as members, are not personally liable for the actions of the company.
Such a kind of business structure is beneficial to you as an owner since it is relatively easy to set up. Not to mention, it offers flexibility in management as the members can take part in decision-making, or hire professionals to run the business on their behalf.
Running any kind of business is a risk, and at any given point in time, your business is exposed to a plethora of risks that may be known or unknown to you. A fire could blaze your shoe store to the ground, or burglars could break into your jewelry store and make away with your precious diamonds. For this reason, you need to insure your business.
The main reason why you should insure your LLC is to ensure continuity in the face of unforeseen perils. Insurance does this by indemnifying your business back to the financial position it was in before incurring the covered loss. Apart from this, insurance is a legal requirement in some states. For instance, many states require employers to take out Workmans’ Compensation for their employees.
Now, let us have a look at some of the insurance policies that your LLC needs.
This type of insurance protects your business assets from loss or damage due to some covered perils. The building in which you carry out your business operations, whether leased or owned, is prone to damage from accidental fires, floods, or even hurricanes. These are risk events that are out of your control and you can never be fully prepared for them. Also, the assets that you use in your business like your laptops, office stationery, or merchandise could be robbed by burglars. Such risks can lead to the paralysis of your business operations.
Commercial property insurance ensures that you get reimbursed for the losses that your business incurs through accidental damages. This enables your LLC to continue its day-to-day operations as usual. In addition, the policy can also be extended to cover loss of profits. This means that your business can continue receiving its usual revenue from the insurance company during the time it takes to rebuild or repair the business premises following damage from an insured peril. Therefore, commercial property insurance is essential for any LLC.
If your business uses motor vehicles as a part of its business activities, then your LLC needs commercial auto insurance. Vehicles used by your business could be the trucks that do deliveries, pickups, or even vans with which you run errands. Not to mention, auto insurance is legally required in most states.
The commercial auto insurance policy covers your business vehicles as well as drivers from accidental damage. It also covers legal expenses that result from third-party damage caused by your business vehicles. When buying this policy, it is important to disclose whether the vehicles are owned by your LLC or leased.
Employees of your LLC may suffer injuries or illnesses arising from the job they do for you. For instance, a drugstore attendant may slip and fall while working in your place of business. They may break a leg in the process. The employee has a right to sue you since this injury arose from the course of their employment with you.
In many states, including New Jersey, it is a legal requirement to purchase Workers’ Compensation if you have any employees. This type of insurance covers you against liability that arises from illnesses or injuries of your employees as a direct consequence of their employment with you. This way, your LLC will be protected from the legal expenses and settlements associated with such kinds of claims. For this reason, Workers’ Compensation is not only a necessity but a requirement for your business.
In the current day and age, technology is a necessity for most, if not all, businesses. Your LLC may hold electronic data on clients, or even some digital assets like apps and other software. This data can be breached by hackers who may introduce malware and ransomware into your company’s digital database. They may then proceed to extort you or use your clients’ personal data to commit crimes like identity theft.
Such an occurrence could be detrimental to your LLC. There will be costs associated with the extortion, recovery, and clean-up of the corrupted data. You may also need to inform your clients of the breach and this will be costly, not to mention the lawsuits that your company may be slapped with.
However, cyber liability is here just for you. This policy will take care of the costs of ransom, expenses involved with informing clients, as well as associated legal fees, should any of your clients decide to take legal action against your company. Therefore, if your company holds any client information, or relies upon digital assets in its operations, then you should strongly consider cyber liability.
Your LLC can get sued at any time for causing injury to third parties or damaging third-party properties. For instance, a client visiting your coffee shop may trip and fall on the stairs. This client may proceed to pursue legal action against your business, and this will force you to incur some legal expenses. Also, a water pipe may burst on your business premises and damage someone’s vehicle.
The general liability policy will come in to cover the legal expenses associated with such charges, whether they are legitimate or fraudulent. In addition, this policy will also cover the settlement amounts on behalf of your LLC.
It is also important to buy professional indemnity since the general liability policy excludes claims arising from professional errors made in the course of business. For instance, if you run a healthcare organization and one of your doctors erroneously misdiagnoses a patient, the professional indemnity policy will respond to legal claims arising from this. Therefore, your LLC needs general liability insurance.
Businesses that are structured as Limited Liability Companies are increasingly becoming popular. However, the risks they face are ever-changing and that is why they need insurance. At insureyourcompany, we are enthusiastic about the success of your business. With over 15 years of experience working with small companies, our insurance professionals are sure to get your LLC the insurance policies it needs. We are passionate about customizing our insurance products to suit your business needs.
Your business has its own insurance needs that may have not been captured above. To find out more about how we can help you insure your company, contact us today.
Co-working spaces are an essential service for modern professionals. Often, people find themselves away from home and out of the office but still in need of the conveniences of an office environment. High-speed internet and ergonomic chair are uniquely important when they aren’t available anywhere else. Maybe you need somewhere to hang your solopreneur shingle, or maybe you’re on a business trip and your hotel ‘business center’ is just a slow desktop computer in the lobby.
For whatever reason you need co-working, it’s also important that you be able to access this resource without fear of virus exposure. The pandemic brought to light some concerns about shared spaces but co-working is uniquely adapted to keeping each professional separate from each other and safe from exposure – as long as everyone knows what to do.
Fortunately, we’re dealing with well-mannered self-starter professionals who can handle a few protocols. Today, we’re diving into some practical methods to keep yourself and others COVID-safe while sharing a nice co-working space.
The first and perhaps most important step is to know the co-working space you’re planning to visit. Each brand and location is different, with unique buildings and mini internal cultures. If you know that your co-working location has widely spaced workstations and private offices for rent, then there’s you’ll likely have an easier time maintaining your own COVID safety procedures.
Masking is the number one way for everyone to stay safe from viral spread. Asymptomatic people and those who have to work even with a cough can avoid sharing a virus by wearing a two-layer cloth mask, while those who are well can avoid infection with the same masking procedure. This means that the best way for everyone in a co-working space to stay safe is for everyone to wear a mask whenever possible.
Be sure you’ve found a mask that is the right material and thickness, fits well, and is comfortable for all-day use. Bonus points if it matches your business casual attire.
The other, less prominent, way that COVID can spread is through touch and surface exposure to breath. If everyone is wearing masks, this risk is limited but it’s still a good idea to be safe. Bring a pack of sanitizing wipes with you to any public space you visit, including your co-working space. When you arrive, quickly wipe down the surfaces and equipment in your chosen office or workstation. This way, you can be certain that nothing you are handling puts you at risk. When you are finished, wipe down everything again just to be courteous. If we all do this, then surface-based infection becomes nearly impossible.
Social distancing and co-working go well together because most people choose to be 6+ feet apart from their co-working colleagues. When each person is on their own business, it’s best that workstations and offices remain spaced out so that business can be conducted separately. However, if there is a shared workspace room with many desks and computers, be courteous and pick a station two or more wingspan (the length from fingertip to fingertip with your arms stretched out) from others. This might be every other desk, every three desks, or just the next well-spaced desk in an open work area.
If you want the privacy and safety of your own airspace, rent an office before you arrive. Many co-working spaces have an array of private offices that can serve as your office-away-from-the-office for as long as you need. By booking one of these private offices ahead of time, you gain social distancing and the surety that your computer and work supplies stay 100% isolated from co-working colleagues.
Lastly, be extremely considerate of others in shared rooms like the co-working break room. Many co-working spaces offer snacks and drinks for colleagues to share, but sharing is something we should do more carefully now. Try to stagger your lunch break so that there are never too many people in the break room at once. Don’t share drinks or snacks out of the same container and distance yourself when it becomes necessary to remove your mask for eating.
Working from home doesn’t always have the resources you need – or the focusing business atmosphere. If remote work isn’t quite doing it for you, try some time in a co-working space. Just remember to keep a respectful and covid-safe distance from your fellow remote co-workers in the space. Contact us for more remote work insights.
Today’s employers are facing an interesting challenge: Many teams and new hires don’t want to come back to the office. Between the year spent perfecting home offices and the continued viral risk and safety concerns, many people feel that it’s both safer and more comfortable to continue working from home.
However, many jobs are still better and more safely done in the office and most businesses have invested both revenue and infrastructure in their custom office space for team productivity. What will it take to get remote employees eager and willing to come back to the office? While many brands are going all-out with in-office perks, what really matters can be refined into a few considerate and well-thought upgrades to make office space both welcoming and safer for returning teams.
The single biggest concern in returning to the office is the shared workspace. With COVID mutating as every coronavirus does, we won’t see the end of viral care any time soon. Instead, it’s time to take a wholesale approach to make sure everyone is safe. While you’re upgrading your HVAC, air filtration, and room-to-room airflow, it’s also important to monitor CO2 buildup in rooms shared by more than one person.
Why? While CO2 is not virus-carrying, it is a good way to measure concentrated exhalations. The less CO2 in the air, the better the airflow must be. Many are carrying personal CO2 monitors to work or school. Instead, show you care (and prove your safe-workspace results) by mounting large-font digital CO2 readers in shared spaces where everyone can see the air is clear and moving.
Gone are the days of “cube farms” where employees are packed tightly together with non-air-tight dividers in between. Gone are the ‘pools’ of desks arranged in the closest possible floorplan. Instead, we need about 10 square feet per desk which means a whole new approach to personal workspace design.
Dividers, ventilated pods, and more widely spaced open floorplans are the new name of the game. This is also your company’s opportunity to use the broader desk design to make a more aesthetic space with great traffic flow and a real sense of personal space at each workstation.
Digital signage is a trend that has seen a meteoric rise in the last year, and not just because it’s nifty. Digital signage uses tablets and screens mounted on walls (and other surfaces) to display dynamic information. For conference rooms, digital signage is used to schedule the space, indicate when the space is booked, and also to help ensure each room is thoroughly cleaned between uses.
Conference rooms are often used as private spaces, for team meetings, and of course to meet clients. By upgrading each conference and enclosed office space with digital signage, you make it more dynamically ergonomic, welcoming, and virally safe at the same time.
Consider upgrading your health plan. When employees know they will be taken care of on the off-chance that they get sick from any cause, they are more likely to brave spaces outside the home. Whether you want your team in the office or working in the field, a great healthcare plan and generous illness policies will provide the protection and incentive your team neads to consider less remote work.
Believe it or not, natural light has become a major selling point for going back to the office – if you make it available. Many people prefer their sunny home office to a dim interior space in an office building. But there are also millions whose homes aren’t well-situated for uplifting natural light during the day.
Make those big beautiful picture windows a selling point for the return of your team by optimizing natural light in your workspaces. Re-prioritize office access and workspaces for sunny areas of your office and push storage toward those dim interior spaces.
Last but not least, make it easy – even automated – for your team to keep themselves and the space sanitized. Provide dispensers for sanitizer (and hand lotion, sanitizer is drying) at accessible intervals around your office. Provide dispensers of alcohol wipes at every workstation, lobby, and conference room. Then look into automated sanitization like anti-microbial railings and coatings and even sanitizing misters in key locations to keep your office not just clean, but high-tech clean.
Is your team hesitant to come back to the office? With these upgrades, your business can make your workspaces more appealing, productive, uplifting, and feature high-tech viral safety. Anyone who hasn’t fallen fully in love with their home office will be happy to come back when the office is welcoming and provably safe to return to. Contact us for more insights on remote work and the hybrid transition.
Adipisicing elit, sed do eiusmod tempor ncidi quia conseq uuntur magni dolores eos qurti uptatem sequi nesciunt.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute iruLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod
InsureYourCompany.com has been treating clients like family for over 15 years. You’ll never have to talk to an automated phone system—we have business insurance experts ready to provide personalized customer service, not only helping you with your insurance and employee benefits needs, but showing you how to be a smarter business owner.
If you are in the IT industry InsureYourCompany.com is the insurance agent you want to work with, we are technology insurance experts and have changed the way you do business. See below a list of professionals who we help today.
Lorem ipsum, or lipsum as it is sometimes known, is dummy text used in laying out print, graphic or web designs. The passage is attributed to an unknown typesetter in the 15th century who is thought to have scrambled parts of Cicero's De Finibus Bonorum et Malorum for use in a type specimen book. It usually begins with:
We believe in supporting our clients through every step of the insurance process. From choosing the right coverage to filing a claim, we are here to offer guidance and support. Request a free quote today and get coverage that meets your unique needs.
