Top Business Insurance Options for Office Administrative Services (NAICS 561110)

Top Business Insurance Options for Office Administrative Services (NAICS 561110)

AllReading Time: 10 minutes

As a business owner in the office administrative services industry, there are several important types of business insurance to consider to protect your finances, operations and employees. Having the right insurance coverage is essential to managing risks and minimizing losses should anything unexpected occur.

Key Takeaways General liability insurance protects against third-party claims like injuries on your premises. Workers compensation covers medical costs and lost wages if employees get injured. Professional liability protects against errors and omissions lawsuits from...
Top Business Insurance Options for Custom Computer Programming Services NAICS 541511

Top Business Insurance Options for Custom Computer Programming Services NAICS 541511

AllReading Time: 12 minutes

As a custom computer programming business, it is crucial to have appropriate insurance in place to protect against various risks and minimize financial losses that could threaten the survival of the company. The references provided examine the top benefits, use cases and estimated pricing for each insurance type to help business owners evaluate options. Some key policies to consider include general liability, professional liability, property, cyber, auto and other specialized coverages based on individual business needs.

Key Takeaways General liability protects against claims from errors, omissions and intellectual property issues Professional liability covers legal costs from faulty work and project failures Property insurance protects expensive equipment from damage and theft Cyber...
Top Business Insurances for Civic and Social Organizations with NAICS Code 813410

Top Business Insurances for Civic and Social Organizations with NAICS Code 813410

AllReading Time: 9 minutes

This guide covers the top types of business insurance that civic and social organizations with NAICS code 813410 should consider to protect their assets, finances and missions. Understand the key benefits, uses and estimated pricing of insurance options like general liability, directors and officers liability and more. It is also recommended to discuss insurance needs with an agent familiar with non-profits and take steps to prevent risks which can help lower premiums while maintaining adequate coverage should remain a priority.

Key Takeaways General liability insurance protects from lawsuits if someone gets injured on your property Directors and officers liability protects board members from lawsuits over management decisions Property insurance covers damage to buildings and equipment from...
Top Business Insurance for the Hotel, Motel and Lodging Industry (NAICS Code 7211)

Top Business Insurance for the Hotel, Motel and Lodging Industry (NAICS Code 7211)

AllReading Time: 11 minutes

The hotel, motel and lodging industry faces a variety of risks on a daily basis that could have substantial financial impacts on business operations if not properly protected. This guide examines the top types of business insurance options important for short-term accommodation providers under NAICS Code 7211 to safeguard their assets, limit liabilities and support continued operations in the event of covered losses or lawsuits.

Key Takeaways General liability insurance protects against third-party claims of injury or property damage on your premises. Property insurance covers damage or loss to buildings, equipment and other business assets. Workers compensation insurance pays employee...
Top Business Insurance Options for Insurance Agencies and Brokerages (NAICS Code 524210)

Top Business Insurance Options for Insurance Agencies and Brokerages (NAICS Code 524210)

AllReading Time: 11 minutes

Insurance agencies and brokerages handle sensitive client information and provide advice that can impact people financially. This makes them vulnerable to costly lawsuits if errors are made or clients are injured on premises. To protect their business and assets, these companies should carry several key types of insurance customized for their industry.

Key Takeaways General liability insurance protects against lawsuits from injuries on your premises or faulty advice Professional liability/E&O insurance covers costs of errors and omissions claims from clients Commercial property insurance protects office...
Top Business Insurance Packages for the Management of Companies and Enterprises Industry (NAICS 5511)

Top Business Insurance Packages for the Management of Companies and Enterprises Industry (NAICS 5511)

AllReading Time: 7 minutes

Businesses in the management of companies and enterprises industry face a variety of legal and operational risks on a daily basis. An essential part of risk management is securing the appropriate types of business insurance. This article examines the top insurance policies that companies in NAICS code 5511 should consider to protect their business operations, property, and leadership from financial losses.

Key Takeaways General liability insurance protects your business from lawsuits alleging negligence or errors & omissions. Directors and officers liability insurance provides coverage for personal assets of directors and officers involved in lawsuits. Commercial...