About Me

Understanding Insurance Minimums and Requirements

Welcome to my insurance blog. A few years ago, I was in a car accident, and unbeknownst to me, I did not have the legally mandated coverage levels. Because of that, I was fined, and I was taken to court by the other driver. I lost almost everything. I don't want that type of tragedy to affect anyone else, and because of that, I have created a blog with all the information you need about insurance. Explore and learn what you need to be legally compliant and understand how extra coverage can help. My name is Amanda, and I hope you enjoy this blog!

Search

Archive

Latest Posts

Posts

Do Smaller Businesses Really Need Cyber Insurance?
In today's digital age, all businesses, big or small, are vulnerable to cyber threats. Unfortunately, small businesses are often targeted as they may lack the necessary technology and resources to protect themselves. Cyberattacks can range from hacking and data theft to ransomware and can lead to not only financial losses but damage to a company's reputation. This is where cyber insurance comes in; it provides businesses with the protection they need against cyber threats.

Four Indicators That Your Business Needs Commercial Property Insurance In Australia
One of the most important aspects of running a business is protecting your assets. If you fail to do so, it could be devastating to your business. Commercial property insurance covers the building and contents of a commercial premises. It can also cover liability and legal expenses if there are any claims against you following an accident on your premises.  Here are four indicators that your business needs commercial property insurance in Australia.

Making These 3 Public Liability Insurance Mistakes in Your Business? Work With a Business Insurance Broker
If your business activities involve the public, it is vital to take out public liability insurance. This cover reduces your business losses when clients demand compensation for injuries and damage they incur while on your premises.  But public liability covers differ from one insurer to another. For that reason, many business owners face hurdles when selecting suitable covers. This article looks at three mistakes you should avoid that involve a business insurance broker when taking a public liability insurance cover: 

4 features to look for in a commercial property insurance policy
Property insurance is a common type of business insurance policy. It covers the physical space of your building or office against any damage and repair costs. It also covers the contents inside your building, including furniture, inventory, office equipment, client property and much more. In the event that your office or supplies are damaged, you can make a claim for compensation to reduce disruptions in your daily business tasks. But when shopping around for a policy, remember that not all insurance companies are the same.

Trades Insurance: Do You Need Business Expense Cover?
Tradie insurance doesn't just involve covering your vehicle, tools and income — you can also extend your protection by adding more benefits to your coverage. For example, business policies can also cover your operating expenses. What is business expense insurance? Should you add it to your portfolio? What Is Business Expense Insurance? When you run your own business, the money you earn doesn't just give you an income; it also covers your regular operating costs.

Business Property Insurance: How to Reduce the Gaps in Coverage
Commercial property insurance is critical for your business, whether you own the space or are leasing it from another party. This coverage will protect you from financial losses if your building sustains damage. For example, an accident, natural disaster or an act of violence can cause your commercial building to be unusable. If you are not well covered, you could end up in debt due to the high costs of repair.

Golf - Is Public Liability Insurance Really Necessary?
If you're a member of a golf club and enjoy playing for fun or you are a professional playing in tournaments for a living, you might think that public liability insurance is just an additional unnecessary expense.  But is this really the case?  Read on for more information. What is public liability insurance? Public liability insurance (PLI) is taken out by individuals and companies to provide them with protection against legal actions that may be brought against them by third parties claiming damages as a result of damage or injury.

Why You should Hire an Insurance Broker
In many cases, a regular insurance policy offered by a traditional insurance agency is not going to have everything a customer needs. Often, people want to have their policies customized, and this is usually easier done when you have the services of an insurance broker. There are actually several benefits to using an insurance broker instead of going through one of the many insurance companies. For one thing, it can be difficult to figure out where you are going to get the best deals, because some companies offer certain perks while other companies offer different perks.

The Advantages and Disadvantages of Business Insurance
Are you interested in getting a business insurance plan, but you are not sure what they can bring to the table? Then you should make sure that you learn the advantages and disadvantage of opting for business insurance. In doing, so you will be in a position to make an educated decision on the type of business insurance that will best suit your company. With that thought in mind, here are the top advantages and disadvantages of business insurance for your consideration: