Why You Should Not Operate a Business without Liability Insurance

October 15, 2012 by · Comments Off 

With the deteriorating economical condition, more people are trying to get money in ways they wouldn’t have dreamed of a few years ago. Some people do it simply because they feel that they deserve it. They don’t see it as money coming from your pocket.

Trying to operate a business without commercial insurance coverage is like driving an uninsured vehicle on a crowded turnpike, in a storm with no head lights! All it takes is one simple mistake or one freak accident to completely ruin your life and your business.

If you have a home business and you’re assuming that everything is covered under your home owners policy, you’d better check it again; and most likely your business may not be covered. Most business insurance policies can be purchased from the same company you have your homeowners policy with, but you will probably not find them on the same policy.

Business insurance is usually less expensive than other types of insurance. The premiums are always deductible on your taxes as a business expense even if you just have a home business. Fires, hurricanes, floods and other storms can be disastrous to your business, as well. If you are insured you will, at the very least, have a hope of starting again.

Why Tech Professionals Need Solid Options When It Comes to Work-related Liability Risks

October 6, 2012 by · Comments Off 

An IT professional needs business professional liability technology-related insurance in the same way a doctors needs to be able to purchase medical liability insurance. Both professions are important and in fact vital to the health of the economy and need affordable options when it comes to insurance.  If an IT professional in Huntsville, Alabama has signed a contract with NASA and yet an angry administrator of NASA tries to break the contract by paying the information technology professional less in order to save costs, the IT professional should be prepared to fight this. The IT professional could use their business liability insurance as an IT professional to fight this unfair issue conducted by NASA for example. You will need plenty of affordable business liability insurance in order to fight the high-priced attorneys which NASA can afford.