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Commercial Auto Insurance: What It Covers and Where to Get It

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If any of these situations apply to you, your personal auto insurance policy won’t provide enough coverage. Is My Personal Car Insurance Enough? When an insurance company issues a personal auto policy, they don’t agree to take on the additional risk that comes with driving a vehicle for commercial reasons.

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General Liability Insurance for Small Businesses: Who Needs It, Cost, and Best Providers

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General liability insurance is typically the first line of defense when someone files a legal claim against your business. Although you can purchase general liability insurance on its own, it’s usually one part of a business owner’s policy (BOP). BOPs vary among different insurance companies. Photo credit: Next Insurance.

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Employment Practices Liability Insurance: Does Your Business Need EPLI?

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If you look at the EEOC’s summary of recent cases , you’ll see that many of the companies sued are in those industries. . According to a study by insurance company Hiscox, the average U.S. company faces a 10.5% Historic employee turnover rates at the company. The company’s claims history.

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QSEHRA: The Ultimate Guide for Small Business Owners

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In order for an employee to be eligible to participate in a QSEHRA, they must have health insurance that meets minimum requirements. Types of eligible health insurance include: An individual health insurance plan through an insurance company or the ACA marketplace.

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Small Business Insurance: The 9 Types of Coverage You Should Have

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The average out-of-pocket cost to resolve an employee lawsuit without insurance was $110,000 in 2017. Compare quotes – Once your broker comes to you with business insurance quotes, ask questions and review the details, including coverage limits and the monthly premium. EPLI can save your business thousands of dollars.

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How to Pick the Best Small Business Health Insurance [Infographic]

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Group coverage is insurance that businesses purchase and offer to eligible employees and their dependents. The insurance company will gather some basic demographic information about the group members—like age, geography, and so on—before explaining your plan options. Shopping for Small Business Health Insurance.

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33 Tax Breaks for Real Estate Business Owners

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However, there is some good news: The Tax Cuts and Jobs Act of 2017, sometimes referred to as the Trump tax plan , allows self-employed real estate professionals who earn commissions and meet certain income requirements to qualify for a 20% pass-through deduction (also known as the Section 199A deduction). . trade or business.