Who Qualifies for a Business Owners’ Insurance Policy

Businesses of all shapes and sizes have the right to purchase insurance to protect their investment and keep their livelihood on track. All types of businesses have some degree of liability. Many have a large number of assets and employees to consider, as well. Having a business owner’s insurance policy is the best way to prevent financial loss that would accompany an accident. Liability, theft, health, and workers’ compensation are all forms of insurance a company may require.

Any Size Company

No matter how big or small a company is there is a risk of liability that should not be ignored. General liability, product liability, and defective workmanship are all forms of liability that can hurt your business. Even if you only have a handful of employees, provide them with sufficient workers’ compensation and health benefits. This will ensure that your company doesn’t have to pay medical bills out of pocket for injuries related to an employee’s duties. Health insurance policies for employees and their families are also a must for many companies.

Sole Proprietor or Large Corporations

A sole proprietor of a business or a team of management members must all consider the impact of not having a valid commercial insurance policy in place. It is extremely important to have a business owner’s policy if you plan on maintaining your success. At some point in your career span, your company may be forced to file a claim. Having a sufficient amount of insurance in place is the best way to ensure that your company’s assets are protected and that your employees have what they need to feel secure. A sole proprietor and a large corporation both face similar liability and asset protection risks.

Self-Employed or Independent Contractors

Self-employed business owners or independent contractors should also consider purchasing a business owner’s policy. Even if they don’t have a large number of assets, they may be at risk for certain types of liability. If you are unsure what type of insurance an independent contractor may need, call your insurance agent. They will be able to work with you so that you know what types of insurance are available for you and your business. Understanding what types of business owners policy coverage your company may need is half the battle won.

Business owners insurance can be a lifesaver if an accident occurs. James Page Insurance agents have the answers you need if you are opening a business or are looking for a new business owner’s insurance policy. Don’t wait until an accident happens to find out that you are not adequately covered. Call an agent today and find out how we can help your business get ahead.

4 Practical Thanksgiving Safety Tips for Homeowners

Thanksgiving is a time to enjoy with your friends and family, gathering around a feast of your favorite foods, making memories, and it is all about celebrating life. Enjoying these special times is your main priority, but you should also take precautions to protect your guests from accidents or injuries that could ruin your good times.

Keep Your Home Secure

During the holidays, many people travel to visit family and friends. If you plan on traveling this year, make sure to secure your home so that it is not an easy target for burglars. Install a home security system or add a few exterior lights that have motion detectors. Better yet, have a friend or family member stay at your home so that it isn’t empty while you are gone. Burglars will avoid a home if they believe someone is there.

Reduce Your Risk of Injury

Reduce your risk of accidental injury by clearing paths throughout your home. Eliminate any tripping hazards. Move flammable items away from the fireplace so they won’t be close enough to catch an ember if one escapes. Keep small children away from both the fireplace and the stove. If you serve alcohol to your guests, be aware of how much is being served and cut back if individuals start to consume too much. November is a time for cooler temperatures and a chance for ice and snow. Make sure your sidewalks and outside steps are free of moisture and swept clean before your guests start to arrive.

Practice Safe Habits in the Kitchen

When it comes to cooking, keep handles turned toward the center of the stove. Keep long sleeves and loose fabric tucked away so that it won’t get caught on pot handles or lids. All knives and sharp objects should be kept off the tables and far enough back on counters to prevent them from falling into the kids’ hands. Always be mindful of who is carving the turkey or slicing the pies and other goodies. If a spill occurs, wipe it up immediately to prevent slips and fall accidents.

Enjoy Your Holiday!

Thanksgiving is a time of celebration. Enjoy your holiday, and be thankful for your blessings. Share your joy with those you love. Encourage all of your guests to take their time travelling to and from your home. Being late is fine as long as your guests arrive safely. If a guest has had too much to drink, find them a ride home. As the holiday comes to a close, make sure all of the memories made are the good ones.

James Page Insurance agents look forward to serving their clients throughout the coming year and offering home insurance tips you can use. If you have questions, concerns, or are just looking to find an agent you enjoy working with, call the office today and schedule an appointment. We are looking forward to working with you!