5 Ways To Save Money On Business Insurance
The cost of business insurance has skyrocketed. Use these five suggestions for saving money on the cost of business insurance to reduce your small business's insurance bill.
"Do You Have The Business Insurance You Need?"
Property and Liability insurance are essential for all small businesses, but Business Interruption, Key People, or Disability insurance can also make the difference between having to close down and being able to carry on. Here's a guide to different types of business insurance from your About.com Guide.
"Business Interruption Insurance"
An explanation of what business interruption insurance is and the kind of business interruption policy you may want for your business.
"Errors and Omissions Insurance"
If you're a professional, you may need this type of business insurance. Find out how errors and omissions insurance protects you and your clients.
"Home-Based Business Insurance"
Business insurance costs money, but not having business insurance can cost even more. Here's an explanation of the types of business insurance home-based businesses need and how to save money on the cost of business insurance.
Directors and Officers Liability Insurance
This type of insurance protects Directors and Officers of corporations from liabilities incurred while performing their duties. Here's a summary of this type of coverage from Binks Insurance Brokers (Canadian).
Errors and Omissions Insurance Programs - ENCON
The main page for ENCON's errors and omissions insurance programs, such as legal, medical, insurance agents and brokers, and miscellaneous errors and omissions insurance, for everyone from Aerial Mappers to Urban Planners (Canadian).
Errors & Omissions Liability: Binks Insurance
A summary of this type of business insurance, which is "designed to meet the cost of defending claims and compensatory damages which you may be legally obligated to pay following an alleged error, omission or negligent act arising out of your professional services" (Binks Insurance Brokers).
Information Technology Business Insurance Program - ENCON
This business insurance program for IT professionals such as Web Designers, Computer Consultants, and Software Developers includes errors and omissions insurance and intellectual property infringement protection. There is also a special program for small firms (ENCON, Canadian).
Insurance Bureau of Canada
This is the national trade association that represents "the companies which insure the homes, cars and businesses of Canadians". Their Web site includes consumer information on all types of insurance, including business insurance.
Business Interruption Insurance
Information on the different types of Business Interruption Insurance offered by the Co-operators Insurance Company.