Insurance Insights

Some business owners may be mistaken in believing that a basic commercial insurance policy is adequate without considering liability insurance for businesses. This type of insurance is necessary when protecting your company, employees and customers, but understanding the basics of this coverage is essential when making the investment.

The improving economy and housing market has been pushing consumer confidence higher, as it reached a five-year high in May.

Even though consumer spending dipped in April, consumer sentiment ended May near a six-year high, which could help boost sales at small U.S. retailers in the near future.

As home prices continue to increase, consumers could find themselves with greater buying power, potentially translating into higher retail sales levels.

Retailers across the country might be seeing higher sales levels, with consumer spending picking up, which can be beneficial. However, with more people in their stores, the owners of these retailers need to be concerned about slips and falls that could lead to a lawsuit.

With fewer U.S. homeowners being foreclosed on, consumer spending could pickup, which might lead to additional business at small retailers across the country.

Background checks can be helpful when you are selecting new employees. They look at several types of records on an individual, including criminal, commercial, and financial.

According to the Population Reference Bureau, there are nearly 40 million metric tons of electronic or e-waste produced each year worldwide. This comes primarily in the form of televisions, computers, and other mobile devices.

Electronic waste is a global problem that causes harm to the planet and the people in countries where electronic waste is often sent when disposed of. Business owners need to understand how to safely dispose of electronics for the sake of the planet and to protect their own interests. There may be security issues related to disposing of business electronics if they are not wiped clean, and a solid cyber liability policy is wise to obtain. The good news is that there are many options available to consider, like those mentioned below.

Many homeowners and small businesses use self-storage units for extra inventory or supplies. Located in many neighborhoods, they provide convenient extra room at an affordable price.