Top Business Insurance Policies for Real Estate Brokerages and Agents (NAICS Code 531210)

Top Business Insurance Policies for Real Estate Brokerages and Agents (NAICS Code 531210)

AllReading Time: 9 minutes

As real estate brokerage businesses interact with clients and properties every day, they face unique risks that require proper insurance protections. This article examines the top business insurance policies real estate agents and brokers should consider based on their NAICS code 531210 industry risks and operations.

Key Takeaways General liability insurance protects from third party claims like client injuries on properties. Professional liability (E&O) covers mistakes and omissions that cause financial loss to clients. Commercial property insurance protects office locations...
Essential Business Insurance Policies for Restaurants with Limited Sit-Down Service (NAICS Code 722513)

Essential Business Insurance Policies for Restaurants with Limited Sit-Down Service (NAICS Code 722513)

AllReading Time: 11 minutes

Limited-service restaurants that focus on take-out and delivery face unique risks to their business that require protection. Several key types of business insurance policies are essential to have in place to shield against financial losses. This article will examine the top insurance considerations for restaurants with NAICS Code 722513 and evaluate the main benefits and estimated pricing of each.

Key Takeaways Consider general liability, commercial property, commercial auto, workers’ compensation and business owners policies to protect against lawsuits and property damage claims. Cyber liability, inland marine, umbrella/excess liability and employee...
Top Business Insurances for Real Estate Brokerages and Agencies (NAICS 5312)

Top Business Insurances for Real Estate Brokerages and Agencies (NAICS 5312)

AllReading Time: 9 minutes

Real estate brokerages and agencies deal extensively with client and customer data and information as part of their day-to-day operations. It is important for these businesses to have adequate insurance in place to protect against risks inherent to their industry. The top business insurance policies they should consider include general liability, professional liability, property, commercial auto, workers compensation, and cyber insurance.

Key Takeaways General liability insurance protects against lawsuits from clients and covers errors and omissions. Professional liability (E&O) insurance covers negligent acts and errors in real estate transactions. Property insurance protects office contents and...
Top Business Insurance Options for All Other Support Services with NAICS Code 561990

Top Business Insurance Options for All Other Support Services with NAICS Code 561990

AllReading Time: 10 minutes

Businesses in the All Other Support Services industry face a variety of risks that could threaten their financial stability and operations. Having the proper insurance in place is crucial to protect a business's assets, employees, clients, and ability to continue operating smoothly even after an insurable loss event. This article examines the top insurance policies businesses in NAICS code 561990 should consider to manage risks.

Key Takeaways General liability insurance protects against third-party claims for injuries or property damage. Worker’s compensation covers medical costs and lost wages for employees injured on the job. Commercial property insurance protects physical business...
Top Business Insurance Options for Automotive Equipment Rental and Leasing with NAICS Code 5321

Top Business Insurance Options for Automotive Equipment Rental and Leasing with NAICS Code 5321

AllReading Time: 11 minutes

As a business in the automotive equipment rental and leasing industry, it is critical to have the proper types of insurance in place to protect your operations. This article outlines the most important business insurance options for companies with NAICS Code 5321 including general liability, commercial property, commercial auto, workers' compensation and more.

Key Takeaways General liability, commercial property, commercial auto, workers’ compensation, commercial inland marine, business owners policy, commercial umbrella, and cyber liability insurance are essential for automotive equipment rental and leasing...
Essential Business Insurances for Grantmaking and Charitable Non-Profits (NAICS 8132)

Essential Business Insurances for Grantmaking and Charitable Non-Profits (NAICS 8132)

AllReading Time: 8 minutes

As nonprofit organizations that handle donations and grant critical funds, grantmaking and charitable groups require specialized business insurance coverage to protect their operations and fulfill their important missions. This guide examines the top insurance types these nonprofits should consider based on their unique risks and responsibilities.

Key Takeaways General liability protects against costly third party claims Professional liability covers legal costs from errors in grant administration Directors and officers protects executives and board members from lawsuits Cyber liability helps cover data...