Every business in Northeast Ohio with employees or customers is exposed to potential employment practices liability claims. In the year ending December 31, 2019, the Equal Employment Opportunity Commission (EEOC) stated there were 72,675 charges against employers for discrimination. Read More! Employment Practices Liability Insurance (EPLI) should be part of your business insurance and loss mitigation program. Uninsured claims…

Read More

Whether your business is a large manufacturing or a small independent contracting, you have a Products/Completed Operations Liability exposure. This is a risk of doing business, and Commercial General Liability insurance provides protection for this exposure. Perhaps the easiest way to gain an understanding of Products/Completed Operations Liability is by example. Consider a business engaged…

Read More

Read about four main commercial insurance coverages for condominium associations. Learn why condominium associations need commercial insurance. Commercial insurance for condominium associations is a real thing, not to be confused with personal condominium owner’s and renter’s insurance. The differentiation is in who owns what, and who is responsible for what. This blog is limited to…

Read More

Employee dishonesty and theft can put your business at a higher risk than normal. Jim’s shop is a thriving retail business that almost wasn’t thriving anymore. Jim received a call from his bank that his business checking account was overdrawn and they were transferring money from his savings account to cover a $4,300.00 overdraft. Jim…

Read More

What’s driving the hard insurance market for main street businesses? Ohio has always had a very competitive insurance market for small commercial businesses. As a result, premiums are lower than those in many neighboring states. However, rates have been trending up in several areas for the past several years and terms and conditions are being…

Read More

BYOB is a success story for businesses all over America. The custom skills and tools, combined with demand for people capable of applying them practically, make for promising careers in the vast field of independent contracting. Whether you are a tree trimmer, builder, plumber, carpenter, electrician, mason, floor installer, painter, or general handyperson, BYOB may…

Read More

Read how COVID-19 may impact your business’ commercial general liability premium. Learn why commercial general liability insurance premiums may fluctuate due to COVID-19. Gross sales. Gross receipts. Gross payroll. Three key indicators businesses consider when establishing operational goals and measuring operational success. Without sales and receipts, your business cannot make payroll. These three indicators are…

Read More

In many small businesses, one of the partners or shareholders may drive the bulk of the revenue to the business. This does not diminish the importance of the other partners or shareholders but it can create a huge problem if that person becomes disabled. A little known but great benefit to protect income for a…

Read More

Learn basic factors insurance companies use to price General Liability business insurance. Read how General Liability business insurance is rated. When you buy coffee at the neighborhood coffee shop, visit the dentist for a professional check-up, go grocery shopping, remodel your kitchen, or eat out at your favorite restaurant in Cleveland, you are supporting the…

Read More

A claim may arise out of fire caused by spontaneous combustion, or a wind gust knocks over a solid brick wall (that has occurred), or a commercial box truck used for delivery hits a van from the rear. All three of these are potential examples of valid claims an insurance company will pay on behalf…

Read More