Category Archive Insurance Marketing

Characteristics of Great Cab Drivers

Driving a cab involves dealing with lots of different personalities and also people in all sorts of emotional states. Drivers know how to read their fares, to figure out what folks need so that they have a good ride experience. Great cab drivers employ many strategies to establish optimal conditions in their cabs and to ensure successful fares with satisfied clients.

Characteristics of Great Cab Drivers 

Responsibility is the umbrella under which all other details fall. It is what helps clients to feel like they are in good hands. It insists that drivers respect the rules of the road and their role as service providers.

Promptness and courtesy are important. The two things that consumers look for when receiving a service are quality and kindness. Great drivers greet their fares with these two qualities on full display. 

Honesty is imperative. Great drivers have a tremendous knowledge of the local landscape and they always aim to get clients where they need to go without feeling the need to milk the meter. 

Cleanliness is something that clients notice immediately. Great drivers take pains to check their cabs for cleanliness between fares, which also enables them to check for forgotten belongings.

Driving a cab is more than just shifting gears. Great cab drivers take pains to guarantee a premium ride for their fares. From a positive, helpful attitude to a clean vehicle, their understanding of what their clients need is tantamount to those clients having a positive experience.

The Basics of Using PPP Funds for Lobbying

The Paycheck Protection Program provided a valuable resource for struggling businesses to maintain their company payroll expenses and meet financial obligations in the face of the economic challenges of the COVID-19 pandemic. While these funds proved beneficial for millions of businesses, there were some restrictions that are important to note. Specifically, there were key restrictions on using PPP funds for lobbying.

What Does PPP Funds for Lobbying Mean?

In order to fully understand the restrictions, you need to understand what is meant by ‘PPP funds for lobbying.’ According to the SBA, lobbying refers to any actions that meet the lobbying definition set forth in the Lobbying Disclosure Act of 1995, and PPP funds for lobbying would be any funds received from the Paycheck Protection Program used to support those lobbying efforts.

What Restrictions Are There on PPP Eligibility for Non-Profits in Lobbying?

To maintain eligibility for PPP funding, businesses must meet clear guidelines, including restrictions on revenues generated from lobbying activities, the percentage of the business activities that are devoted to lobbying and more. These guidelines are in addition to the general program qualifications.

It is important to understand the SBA guidelines regarding PPP funds and lobbying efforts to ensure compliance with the program terms.

A Short Guide To Condo Board Insurance

If you are a director or officer of a condominium board, your top priority is likely to ensure that everything runs smoothly in your neighborhood. As a member of the community, you choose to volunteer your time to help your neighbors and friends live in a well-run community.

Unfortunately, working on a condo board comes with a certain amount of risk. Directors and officers of condo boards can be sued at any time for alleged wrongdoing on the part of the organization. These lawsuits can easily end up being tens of thousands of dollars and are not things to be taken lightly. Luckily, you can purchase condo board insurance to help cover your back.

Directors’ and Officers’ Insurance

Directors’ and Officers’ insurance can go a long way towards protecting the assets of members of condo boards. It can pay for things like defense fees, damages, and settlements if you are found to be at fault.

What Could You Be Sued For as a Condo Board Member?

There are many things that could lead to a lawsuit for directors and officers of a condominium board. Some of the most common reasons are:

  • Discrimination
  • Harassment
  • Negligence
  • Misuse of funds

Being on a condo board is not always easy and can come with a certain amount of risk.  Condo board insurance can make all the difference.

 

A Short Guide To Restaurant Insurance

If you own and run a restaurant, it is important to make sure you have all the necessary protection measures in place. A big part of this is having the right insurance coverage.  Restaurant package insurance, otherwise known as a restaurant business owners’ policy, can give you many types of insurance to ensure all your bases are covered.

Liability Insurance

All restaurants need liability insurance to cover any possible legal claims. These claims are often made regarding bodily injury (slips and falls) or property damage claims.

However, there are also other liability risks you should consider. You may need product liability to protect yourself from foodborne illness related claims. If your restaurant serves alcohol, liquor liability insurance can protect you from alcohol-related claims. Finally, employment practices liability insurance can cover you against any claims made against you by your employees.

Commercial Property Insurance

Protecting your restaurant’s property is the other big piece of the insurance equation.  There are many types of property insurance for restaurants. Some of the more common types of property coverage are:

  • Sewer coverage
  • Business income coverage
  • Utility interruption coverage
  • Spoilage coverage
  • Equipment breakdown coverage
  • Employee theft coverage

Running a restaurant comes with a certain amount of risk. Having the right insurance coverage can make all the difference.

 

Understanding the Modern Demands of Home Healthcare

These days, there are all kinds of new jobs to meet the demands of modern society. It should come as no surprise that healthcare is one of the areas where new careers are always appearing. As the ability to extend life in a healthy way continues to improve, it is important to understand how this growth will impact careers like home healthcare workers. One vital point to focus on when it comes to the changes on the horizon is insurance. If you’re not paying attention to your coverage, you could be in trouble.

Covering All Potential Problems

One main area that many people overlook with their insurance plans is commercial auto coverage for home health care workers. When a worker is using a commercial vehicle to travel to and from a client’s house, it is very important to cover this automobile with proper insurance. Failing to do this can create a wealth of financial and legal troubles for your business down the line. Additionally, it can be useful to consider insuring any equipment brought to a specific job. Other points to focus on for your medical business can include:

Know Your Industry

By understanding what risks you face in your industry, it can help you find a plan that makes sense for your needs. Review the changes made in your field and see what you can accomplish with a few small changes.

Top Liability Allegations Against Insurance Agents

Professional liability attacks happen all the time, and trying to bounce back from baseless or even substantiated claims can be expensive and frustrating. Insurance agents aren’t immune to claims against their services, but carrying E&O insurance for insurance agents can help mitigate the financial impact these claims could bring against their business. There are some claims that occur more commonly than others and knowing what they are can help you proactively avoid having them made against you.

The Top Claims

Just about one out of every four allegations of errors are attributed to a failure of the agent to procure coverage. Agents are under a good faith obligation to use a reasonable amount of effort and diligence to secure the right insurance coverage for the client’s needs. However, if the agent isn’t able to obtain the coverage desired, a client can issue a claim of negligence or breach of contract. Insurance agents must exercise reasonable skill and care in their efforts, carefully documenting the process and all communication with the client.

After failure to procure, failure to adequately explain the provisions of the policy is the second most alleged claim against insurance agents. Taking the time to clearly outline the coverage of the policy, as well as educating clients through multiple channels can help reduce the success of these claims in court.

Both insurance and awareness can prevent agents from being the victim of a baseless E&O claim.

Marketing Strategies for Insurance Companies

Insurance is a competitive field, so companies need outstanding marketing tools. Here are some things that you can do to make a winning impression when you market your company’s services.

Target Prospective Clients Strategically

One of the most effective strategies for insurance marketing is utilizing data-driven outreach initiatives. You can reach out to people who are shopping for particular items or researching things unique to a particular industry. You can also focus your marketing efforts to reach people within specific geographic areas.

Engage Your Target Audience on Social Media

People look to social media when considering purchases on a vast variety of products and services. They’ll evaluate companies based on their social media presence and the quality of the content in what they post. It’s a great platform to give your prospective clients a positive picture of how you can help them while also providing them with a sense of community.

Educate People

Make your company a resource for people who are looking for information about insurance-related topics. If people perceive your company’s content online and on social media as authoritative, they’ll be more interested in working with you.

Implementing strong marketing tactics can generate a lot of new business. When you identify the tactics that work best for your company, you can continually attract new clients.

construction bonds

Reinforcing Your Construction Business with Bonds

Individuals purchase insurance to cover losses and damages. Similarly, business entities procure insurance to protect their interests. As a contractor, you need to purchase a special type of work-related insurance known as a construction bond. Many owners require contractors to carry construction bonds that protect their projects from disruptions or financial losses that prevent completion of the project or construction according to project requirements. Here are a look at common types of construction bonds available and how they work.

What Are Some Common Types of Construction Bonds?

The most common construction bonds include the following:

  • Contractor License. These are usually required by government owners before you can work on the project. It’s a guarantee that you follow all applicable laws and regulations.
  • These bonds guarantee that you will contract with the owner for the bid amount if awarded a project.
  • These bonds are often required for contracts over $100,000, covering your subcontractor’s and suppliers’ invoices in the event that you can’t pay them for their work.
  • This guarantee that you deliver a project according to contractual terms, including scope, schedule and quality.
  • These bonds are used to reimburse a purchaser for the loss if you fail to obtain supplies or materials.

What Other Bond Types are Available?

Other bonds include maintenance bonds, subdivision bonds and site improvement bonds, which may be required of contractors that specialize in maintenance work, municipal projects and renovation jobs. Consult an insurance agent that is an expert in coverage for construction work for the right plan for you.

legal cannabis and hemp industries

What Are the Risks Involved in Starting a Cannabis or Hemp Business?

The proliferation of cannabis and hemp businesses across the nation continues to skyrocket with the nation-wide legalization of hemp and the increasing number of states legalizing cannabis. While the potential for profit is high, there are risk factors involved that those who would like to get in on these new niches should be aware of.

Potential Risk Considerations

Starting a business always involves risks. This is true regardless of industry. Hemp and cannabis are both agricultural crops. As such, they are subject to issues inherent in agriculture. Though hemp is a hardy plant, the weather is still a concern. For instance, too much water too early can ruin the crop.

While the market is thriving for hemp and cannabis products, there are still concerns about competition. Other market factors have become apparent in the time of COVID-19, which has resulted in an overall boon for the industries, though those with physical shops either had to close their doors or shift their delivery methods.

Special Considerations

In addition to the risks involved in starting any business, there are some special considerations for the legal cannabis and hemp industries, including:

  • Marketing claims that could lead to legal issues.
  • Inadvertent production of crops with THC levels higher than the legal limit.
  • Difficulty finding adequate insurance.

The growth curve for these industries is predicted to continue on an upward trajectory, and many entrepreneurs are taking advantage of the trend to start a new business. For those taking the leap, it is important to consider and plan for the potential risks.

restaurant going green

How Your Restaurant Can Go Green

With federal legislators and the executive branch failing to bring about urgently needed environmental reform, the onus to act is falling on corporations, small businesses, and individuals. Everyday consumers expect and demand that the companies with whom they choose to do business launch green initiatives and adopt environmentally friendly practices. This is particularly true in the restaurant industry, which is better positioned to go green than in other sectors. Here are some ways that your restaurant can go green to win over more customers, reduce operational expenses, and contribute to the most important cause in all of history: saving the planet.

  1. Green Food Packaging

Contrary to what most people think, traditional plastic packaging usually doesn’t really get recycled. The United States’ ability to process plastics recycling is very limited. China used to process the majority of the United States’ plastics material but has ceased to accept them. Non-plastic food containers are not expensive, and they’re typically made of better quality materials.

  1. Water Conservation

A restaurant going green has to take measures to prevent water waste. Using low-flow meters and dishwashers is an excellent way to conserve water in your restaurant.

  1. Energy Efficiency

Restaurants can purchase or lease energy-efficient appliances to use less power. LED lighting requires significantly less electricity than traditional lighting. Energy efficiency not only helps the environment, but it also brings down your monthly energy bill and makes your restaurant more profitable.