5 Ways to Save When Purchasing Workers Comp Coverage for your Restaurant Restaurant Small Businesses need to find any and every way to save money in order to free up cash for the most important business needs. This is especially important when it comes to purchasing and managing workers compensation… Read more »
Lowers Up-Front Costs When businesses choose the Pay as You Go Method for Workers Compensation Coverage, it allows them to get coverage in place at a drastically lower amount than with a traditional policy. This is because with a traditional policy, a large payment is required up front just to… Read more »
Pay as You Go Workers’ Compensation Insurance is designed to allow business owner’s to pay their insurance premium’s monthly instead of in one lump sum. In many cases this can help business owner’s free up cash their business so desperately needs for other more urgent expenses. If you are a business… Read more »
Ensuring Adequate Insurance Coverage for Your Snow Removal Business The Snow Removal Businesses have a certain amount of risk associated with the nature of the business. The risks are unique to both the health and safety of your employees, the maintenance of your equipment, as well as the risks the… Read more »
Workers Compensation Concerns for Construction Businesses In the Construction Industry there are many risks your business faces in relation to the health and well-being of your employees. Carpenters typically perform construction work on both the interior and exterior of properties. Now the exposures vary depending upon the size and nature of… Read more »
Many States have Work Comp Rates that are Changing in 2018. Work Comp is the only Commercial Insurance Line going down, but most states have rates that are going to decrease significantly in 2018. The second half of the year, is when the governing body for the workers compensation system… Read more »
This time the Florida Work Comp Market is benefiting the Business Owners who are getting a 9.6% decrease. For more than a year now, the Florida Work Comp Market has been unstable to say the least. A year ago the National Council on Compensation Insurance (NCCI) recommended a 14.5percent increase… Read more »
As a florist, a business owner has chosen an industry that is very diverse and has specialized business insurance needs. Those insurance needs differ from other small businesses. The diversity of this industry can include providing arrangements for both weddings and funerals. Many of these occassions require you to provide just the… Read more »
The loss ratio is a quick and easy way for an insurer to determine the profitability of a workers compensation insurance policy. The Loss Ratio is calculated simply by dividing the incurred losses by the total earned premium. Therefore, a company with a very low ratio would be considered a… Read more »
The term artisan contractor is one used widely throughout the insurance industry, but is not so common throughout the general population. The term includes carpenter, plumber, painter, electrician, mechanic, mason, or any other sort of skilled contractor. The level of risk that each of these professions takes on is different and because… Read more »