Top Business Insurance Options for Management, Scientific, and Technical Consulting Services (NAICS Code: 5416)

Top Business Insurance Options for Management, Scientific, and Technical Consulting Services (NAICS Code: 5416)

AllReading Time: 11 minutes

As a management, scientific or technical consulting business, it is important to protect the company from a variety of risks through adequate insurance coverage. Choosing the right policies helps consulting businesses focus on serving clients instead of worrying about potential financial losses. Several core business insurance policies are essential for consulting firms to have in place.

Key Takeaways General liability insurance protects from third-party injury and property damage claims Professional liability insurance covers lawsuits from errors and omissions in work Property insurance replaces damaged business equipment and assets Workers...
Top Business Insurance for Funeral Homes, Crematories and Other Death Care Services (NAICS Code 8122)

Top Business Insurance for Funeral Homes, Crematories and Other Death Care Services (NAICS Code 8122)

AllReading Time: 12 minutes

Businesses in the death care services industry face unique risks and require specialized insurance coverage to protect against unexpected costs and lawsuits. As a business owner in this sector, it's important to understand the types of insurance commonly needed to operate.

Key Takeaways General liability insurance protects against lawsuits over property damage or injuries on your premises. Professional liability covers legal costs if sued for errors, negligence or malpractice during services. Commercial property insures buildings,...
The Top Business Insurance Policies for Accounting, Tax Preparation, Bookkeeping, and Payroll Services

The Top Business Insurance Policies for Accounting, Tax Preparation, Bookkeeping, and Payroll Services

AllReading Time: 8 minutes

Accounting, tax preparation, bookkeeping and payroll services firms handle sensitive financial and personal information which makes them vulnerable to certain risks. Having the proper insurance can help protect the business financially and allow it to withstand expensive lawsuits, cyber incidents, property damage or other losses. This article explores the top business insurance policies these professionals should consider.

Key Takeaways General liability insurance protects from errors and omissions lawsuits and other liability claims Professional (E&O) liability insurance specifically covers mistakes and negligence in work performed Cyber liability insurance helps limit losses from...
Top Business Insurance Options for Offices of Other Health Practitioners (NAICS 6213)

Top Business Insurance Options for Offices of Other Health Practitioners (NAICS 6213)

AllReading Time: 11 minutes

As a business owner in the offices of other health practitioners industry, it is important to understand the types of insurance coverage that are recommended to protect your practice. This guide outlines the key insurance options to consider and the benefits they provide.

Key Takeaways General liability insurance protects against injuries occurring on premises and errors and omissions Professional liability/malpractice insurance covers lawsuits from mistakes in treatment or care Workers’ compensation covers medical costs and lost...
Top Business Insurances for New Single-Family Home Construction Businesses (Except For-Sale Builders) with NAICS Code 236115

Top Business Insurances for New Single-Family Home Construction Businesses (Except For-Sale Builders) with NAICS Code 236115

AllReading Time: 8 minutes

As a new single-family home construction business, it is important to understand the key types of business insurance coverage needed to protect your operations and mitigate risks. This guide covers the top insurances contractors in this industry should consider, including their important benefits and uses.

Key Takeaways General liability insurance protects against costly third-party injury and property damage claims from construction accidents and defects. Workers compensation insurance provides coverage for medical expenses and lost wages if employees are injured on...
Top Business Insurances for Insurance Carriers with NAICS Code 5241

Top Business Insurances for Insurance Carriers with NAICS Code 5241

AllReading Time: 12 minutes

As a business in the insurance carriers industry classified under NAICS code 5241, it is important to understand the types of business insurance coverage that should be considered to adequately protect your operations. Some of the top insurances to examine include general liability, professional liability, commercial property, commercial auto and more.

Key Takeaways Consider general liability insurance to protect against third party injury and property damage claims Obtain professional liability insurance to cover errors and omissions related to advice and services provided Insure commercial property to protect...