Insurance Insights

FARMINGTON, CT – November 17, 2015 – bolt insurance Agency has expanded its offerings to better serve its growing base of loyal and satisfied personal and commercial business customers nationwide. The bolt Marketplace, powered by the bolt platform, is now offering motorcycle, boat, renter, condominium, flood, and pet insurance. These expanded insurance offerings reflect the wide diversity and experience of bolt and its Licensed Insurance Specialists.

For many small business owners, tech insurance is used to cover all their equipment in addition to data loss, viruses and malware on devices. However, if anyone in your company operates using their own device, including a laptop, tablet or smartphone, additional liability coverage may be needed.

While many consumers have taken a liking to online banking, a new study suggests that small business owners may be more inclined to use traditional banking, including visits to brick-and-mortar  branches. For many small business owners, additional security comes from having a personal relationship, and some may be more confident in traditional banking because they have other decisions to make on a daily basis regarding the direction of their company. New research conducted by BAI Research on behalf of ARGO reveals that small businesses have a tendency to stick with tradition and opt to work with local credit unions and banks who may offer a more customized approach to problem solving.

While small business owners across the country certainly have more than enough to worry about when it comes to keeping their companies running as smoothly as possible during the holiday season, that might create a unique opportunity for cyber criminals to target them with hacking attacks. As a consequence, it’s probably wise for entrepreneurs to do some basic checkups and make sure they’re less vulnerable to a data breach.

The last few years have seen significant economic improvements in a number of areas, and all of that has generally been good news for small business owners across the country. As people find themselves in a better position financially, they’re also more likely to patronize local companies in particular, which means entrepreneurs now face a significant chance for growth. Consequently, they have to do as much as possible to ensure they’re ready to seize on the opportunity.

Those who have been paying attention across the country have probably seen the headlines that Boston and most of Eastern Massachusetts were positively pummeled with snow this winter. With accumulation reaching as high as 100 inches in some parts of the state, experts have estimated that the local economy lost billions as people couldn’t get to work and were reticent to leave the house for just about any reason.

New cars are safer than those made 10 years ago, a fact that is of special interest if you work out of your car or are the designated chauffeur in your family. It might be time to trade up.

The Hartford has released its findings, gathered in a five-year study of its customers, showing burglary, water damage, and fire as the three areas where the most claims are filed by small businesses.

Companies depend on equipment to keep them delivering their products and services, developing new ones, billing customers, transporting their goods, and maintaining the company’s premises, tools, and vehicles. Most every business relies on specific equipment to stay productive.

Nighttime driving can be a challenge. Whether you are tired or not, your vision may seem to wane after you’ve spent a few hours on the road. Brake lights from semi-trucks can get blurry. Oncoming cars can be blinding. Worse, drunk drivers could be on the road making it even more risky.