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Is business insurance required by law?

In some cases, you may have a legal obligation to purchase certain types of business insurance. The federal government...

How do insurance companies afford to pay out?

Like all private companies, insurance companies try to market effectively and minimize administrative costs. In the years ...

What happens if you don't have business insurance?

Operating without it means you'll face fines and penalties. You'll also have to pay out of pocket for your employee's...

How much is a million dollar insurance policy for a business?

The factors that determine the cost of this million-dollar commercial insurance policy are deductibles, location, and...

How do you insurance companies make money?

The main way an insurance company makes a profit is by making sure that the premiums received are higher than any claim...

The Key Role Of Insurance Agents In Securing Business Insurance Policies In Florida

Business insurance plays a crucial role in safeguarding companies in Florida. With the state's unique risks, such as...

What is business insurance for?

Business insurance serves as a critical safeguard, protecting companies against potential losses caused by unforeseen...

Does business insurance cover personal use?

Business owners sometimes ask, “Does commercial auto insurance cover personal use of vehicles? The answer is yes, it...