CSIS Insurance Services, Inc. Blog |
 There are so many possibilities to consider when shopping for insurance. Some are more predictable, so it's better to expect and plan for a solution in advance. Some issues are very rare but can still happen.
There are three main exceptions from the business owner policy that can be costly when not paid for by insurance.
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 The difference between these two insurance types is sometimes unclear, and it’s not always easy to decide what’s fitted better.
It’s only up to the car owner. In what way is the car being used, for; business or personal? Answering this question will show which car insurance to get. However, there are instances that the purpose of the car depends on the situation.  Choosing the right insurance for a business is a little confusing. It needs analysis and wisdom on what policies are required to save the contractor from unforeseen damages at the worksite. In some cases, businesses tend to avoid insurance that may not be useful and will only cost unnecessary expenses.
 Workers’ compensation insurance systems exist due to inevitable accidents employees may experience while at work. These events aren’t uncommon in a wide range of businesses.
At-risk or not, dedicated workers will continuously provide for their families and those in need. With full protection, employees can be confident they will be provided for.  If you have a business that involves vehicles, then it is likely that you will need Commercial Auto Insurance. Commercial Auto Insurance covers any car used for commercial purposes. This includes cars and trucks, buses, taxis, limousines, and even heavy equipment like tractors or forklifts. Commercial auto insurance can be confusing because there are many different types of coverage to think about.
 In business, you are responsible for many things. One of those is setting the policies for your company. It can be a daunting task to figure out what all needs to be included in this document and how it should be formatted, but with this guide on hand, you will have no problem getting started:
 In 2021, workers’ compensation trends will have a major impact on how businesses operate. With the evolving landscape of workplace injuries and illness, business owners need to be aware of these changes.
More workplaces will adopt a “no-fault” approach to workers’ compensation claims. Also, states may start mandating employers offer private health insurance or paid sick leave as an alternative to traditional workers' comp coverage.  If you have a contractor working for you, then there is always the chance that they will get injured on the job. In general, contractors are not as well protected by workers’ compensation insurance as other employees. This can lead to hefty medical bills and lost wages when an accident does happen.
 Whether you are a risk manager, a business owner, or an insurance professional, you should be able to follow trends and issues when it comes to your insurance policies. Since we have been in a pandemic, a lot of variables in insurances have been changing. So to be able to maximize your money's worth, pay attention to the current issues that may affect your insurance policies. Below are some problems that may affect workers' compensation for this year.
 Construction businesses are not without risks and accidents. Most work-related accidents could be found on construction sites. As a construction company, you should cover expenses that may arise from these unexpected circumstances. You should be financially ready for such unfortunate events to happen; that is why you should consider getting contractors' insurance.
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