Insurance Insights

There are many financial risks associated with starting and maintaining a successful home business, and results from a new survey revealed some of the major concerns when it comes to owning and running a small company.

For business owners who always find themselves on the go, having access to their commercial insurance policy while away from the office could be beneficial should an emergency arise. A new survey titled Mobile in Insurance Beyond Personal Lines: Current Trends and Expectations by Novarica recently revealed more insurance providers are creating applications for their clients.

Using services from bolt can provide business owners basic information regarding premiums and some terms and conditions, however, it could be in your company’s best interest to ask additional questions regarding potential policies after narrowing down insurers.

With major innovations in technology for business owners to use, investing in tech insurance is nearly essential. A new report from Hiscox found that IT risks have become a main concern for many small business owners, especially in Texas, while the issue could reach other states nationwide who require information security.

Despite economic improvements seen throughout last year, a new report on small-business owner confidence revealed expectations for improved conditions remained low despite increasing in February from January levels.

When you’re confronted with damage to your business property or commercial vehicle, proper documentation of the damage or loss is the crucial first step. By understanding how to properly document the damage from the beginning, you can better simplify the insurance claim process.

When economic troubles occur, small business are generally hit hardest, but there are many benefits throughout the recovery that big businesses don’t necessarily see. Small businesses often have an advantage when it comes to hiring, but there are some things business owners should consider when finding new employees.

Most small business owners are aware that they will require different amounts of commercial insurance depending on the type of industry they are in. With more and more companies depending on technology, developers and startup technology companies may benefit from these tips offered by Small Business Computing.

With stock markets reaching new post-recession highs, a greater number of small and micro business owners are voicing their optimism about the future.