Monthly Archive October 28, 2020

Supermarkets VS Convenience Stores

Supermarkets VS Convenience Stores: What Insurance Policies Do You Need?

Your store is an important part of your community. It only makes sense that you would prioritize protecting your assets from unforeseen circumstances. Whether you have a grocery store or a convenience store, you still need insurance.

What separates a convenience store from a supermarket, and does it change the type of policy that you need?

Supermarkets Versus Convenience Stores

Supermarkets and convenience stores are similar. The big difference is that convenience stores tend to have a more limited supply of products. They tend to be smaller stores, some of which have a 24-hour schedule. A supermarket does have similar risks when compared to a convenience store.

Both have to worry about theft, vandalism and injuries. Supermarkets simply tend to have more employees, more assets and may have different levels of risk.

Supermarket and Convenience Store Coverages

No matter what type of store you own, you will need similar insurance coverage. When working with an insurance agent, you can customize your options for your particular business.  If you need a supermarketing insurance policy, it might look very similar to the convenience store policy. Some coverages you need include:

All stores have their own needs for business insurance, so you must choose coverages based on your store.

Boatyard Insurance

The Most Important Types of Boatyard Insurance Your Facility Needs

Every boat owner knows that insurance is the best way to protect their boat on the water, but what happens when the boat is in storage? As a boatyard manager, the best thing you can do is invest in comprehensive insurance to protect your facility and your clients’ vessels every day. So, what types of coverage do you need?

The Must-Have Boatyard Insurance Types

The exact types of boatyard insurance that you’ll need will depend on the type of facility you run. However, most boatyards can benefit from these common coverage options:

  • Protection and indemnity insurance
  • Pollution coverage
  • Marine general liability insurance
  • Cargo insurance
  • Hull and machinery coverage
  • Docked vessel liability coverage

These are just a few of the coverage types you’ll need when running a successful boatyard. Keep in mind that every situation is unique. You’ll want to choose coverage that protects your business and your clients.

What To Look For

When searching for coverage, pay attention to the limits each policy and coverage types have. You’ll need to choose a comprehensive boatyard insurance plan that provides enough protection for your needs. Choosing coverage with small limits means you’ll have to pay more out of pocket every time you file a claim.

Every boatyard is different, but they all need high-quality insurance. Look for these types of coverage and your facility will be safe at all times.

Staffing Insurance for Nursing

Key Facts About Staffing Insurance for Nursing

If you run a medical staffing firm and specialize in providing healthcare facilities with qualified personnel, you may be wondering whether you need staffing insurance for nursing. While it might seem like an extra expense, staffing insurance is essential to protect your company in case of injuries and accidents, damage, liability claims, and more. Here are a few key facts to keep in mind as you search for the right coverage for your firm.

Coverage Can Be Tailored

No matter what your medical staffing firm needs, you can find an insurance program tailored to your situation. Coverage may include:

  • Workers’ compensation
  • General and professional liability
  • Cyber liability
  • Third-party crime
  • Regulatory audit insurance coverage

While you can purchase a broad package, you may want to look for a carrier that can customize your coverage.

Protect All Your Assets

When purchasing insurance, it can be easy to overlook potential liabilities. Be sure that the package you decide on covers all of your assets, including finances, personnel, and company property.

Running a medical staffing firm can involve a lot of moving parts, so getting staffing insurance for nursing is key to protecting yourself in case of claims. Whether you provide medical personnel on a permanent or temporary basis, these key facts can help you find the right insurance coverage for your needs.