A Guide to Top Business Insurance Needs for Non-Profits in Food Relief, Housing, and Emergency Services Industries

A Guide to Top Business Insurance Needs for Non-Profits in Food Relief, Housing, and Emergency Services Industries

AllReading Time: 10 minutes

Businesses operating in industries focused on providing community services like food relief, housing assistance, and emergency aid take on unique risks associated with their important missions. To protect these organizations financially and allow them to focus fully on helping others, certain core insurance policies are highly recommended based on their common operations and exposure to certain liability issues.

Key Takeaways General liability insurance protects against claims for bodily injury and property damage Property insurance covers damage to buildings and equipment from common risks like fire and flooding Workers’ compensation fulfills legal requirements and...
Top Business Insurance Options for Travel Agencies and Reservation Services with NAICS Code 5615

Top Business Insurance Options for Travel Agencies and Reservation Services with NAICS Code 5615

AllReading Time: 9 minutes

As a travel agency or reservation service, there are several critical business insurance policies to consider to protect the financial health and reputation of the business. The top policies include general liability, professional liability, commercial property, commercial auto and cyber liability coverage.

Key Takeaways General liability insurance protects against third party claims of injury or property damage that may arise from business operations. Professional liability insurance covers legal costs and damages from errors or negligence when booking travel for...
Top Business Insurances for General Medical and Surgical Hospitals with NAICS Code 6221

Top Business Insurances for General Medical and Surgical Hospitals with NAICS Code 6221

AllReading Time: 10 minutes

As healthcare providers, general medical and surgical hospitals face various risks that could result in expensive lawsuits and losses. It is important for these facilities to have adequate insurance in place to protect their assets and limit financial liability. This article discusses the top business insurance policies hospitals should consider to properly safeguard their organization.

Key Takeaways General liability insurance protects against third-party claims of bodily injury or property damage. Professional malpractice insurance covers costs of defending medical malpractice claims and compensation if found liable for patient harm. Property...
The Top 8 Business Insurance Policies for Property Managers of Residential Rental Properties (NAICS 531110)

The Top 8 Business Insurance Policies for Property Managers of Residential Rental Properties (NAICS 531110)

AllReading Time: 12 minutes

As property managers and landlords, businesses that oversee residential rental properties face a variety of risks that could have significant financial impact. This guide outlines the top 8 business insurance policies that are essential to protect the financial well-being of the business and properties from unexpected losses.

Key Takeaways General liability insurance protects against tenant lawsuits over injuries on the property. Property insurance covers repair costs due to disasters like fire or water damage. Workers’ compensation covers medical costs if an employee gets injured on...
Top Business Insurance Policies for Plumbing, Heating, and Air Conditioning Contractors (NAICS Code 238220)

Top Business Insurance Policies for Plumbing, Heating, and Air Conditioning Contractors (NAICS Code 238220)

AllReading Time: 9 minutes

As plumbing, heating, and air conditioning contractors perform hazardous work installing and servicing systems, it is important for their business to carry appropriate insurance policies. This helps protect from financial risks of accidents, injuries, property damage, and lawsuits that are inherent in the industry due to its risks.

Key Takeaways General liability insurance protects against third-party claims for injuries or property damage on job sites Commercial property insurance covers costs from losses to building, equipment, inventory, and vehicles Workers compensation insurance provides...
Top Business Insurance Needs for General Freight Trucking, Local with NAICS Code 484110

Top Business Insurance Needs for General Freight Trucking, Local with NAICS Code 484110

AllReading Time: 7 minutes

As a local freight trucking business classified under NAICS code 484110, certain types of comprehensive business insurance are essential to protect the company from a variety of operational risks. The key policies trucking firms should carry include commercial auto, general liability, workers' compensation, commercial property and commercial umbrella coverage.

Key Takeaways Commercial auto insurance protects against vehicle-related risks like accidents and cargo damage. General liability insurance protects against third-party injuries and lawsuits from regular business operations. Workers’ compensation insurance...