Insurance Info

Security guard insurance is vital in today’s business environment. It protects both security guard agencies and the companies they safeguard. There are various policy endorsements available to security guard companies and adding some or all of the following available options can provide the full protection needed in this high risk industry.

Assault & Battery

Security guard insurance can include clauses to cover guards in the event they are accused of assault and battery while in the course of their duties. Assault and battery is a crime whereby a person makes physical contact with another while also threatening that person in some way. For guards this could be a person alleging the use of unreasonable, physical force.

Broad Form Property Damage

Broad form property damage is the general commercial liability portion of security guard insurance. It is the principal form of insurance coverage and provides extended protection over basic potential causes of loss or property damage to a client’s property or even the inability for client to use that property. Continue reading ‘Types of Security Guard Insurance Coverage’ »

Insurance has become a necessary evil in our times. When I say necessary evil I mean that insurance or at least the need for insurance mostly arises from need for financial security in case of theft, accident or incident such as ill health. Seeing the growing need of people to protect their assets, there have been many more insurance companies popping up over the past decade.

The weakness of the insurance industry like many other industries can be attributed to the greed and dishonest practices of some companies. These are companies which are only out to make a profit. This article is about how to safe guard yourself from an insurance company which has dishonest practices. There are companies which really do have a strict code of ethics in their dealings, who really do try to deliver the best possible service to their clients. Continue reading ‘Is Your Insurance Company Trying To Crook You?’ »

Heavy Goods and Vehicles, or HGV, are always on the roads carrying goods from place to place and even across country borders. HGV insurance is crucial to protect the goods you are carrying, because it is the drivers responsibility to ensure they get to their destination in perfect condition. If an accident did occur, having the right insurance will mean you could replace the goods without it costing an arm and a leg. As it is the responsibility of the driver to transport the goods, it is the responsibility of the HGV company, to ensure they have the appropriate insurance for their drivers, vehicles and the goods they are transporting.

If you have ever priced what it would cost to repair a heavy vehicle, you will be aware that the amount could be enough to put you out of business for good. Heavy vehicle companies do not always have these unnecessary funds to spare, and the whole problem can be alleviated, by having the appropriate truck insurance and lorry insurance, in the first place. When a truck or lorry has been in an accident and is awaiting repair, deliveries and delivery times will start to suffer and this would not look good for business. You need to ensure you have the type of HGV insurance that can fully protect you, just in case and unfortunate situation occurs. Continue reading ‘The Appropriate HGV Insurance Can Protect Your Business’ »

With the convenience of the internet and insurance companies broadening their markets many tow truck business owners are finding themselves in a position of great exposure to their businesses. By working directly with insurance companies or have working with inexperienced brokers many of these business owners have purchased insurance policies that have failed to provide the protection needed for the tow truck operation.

All businesses are unique the towing industry is one of the most unique of them. These businesses have various exposures that many other businesses have such as taking custody of their client’s vehicles, towing the vehicles themselves, and having clients in their storage facilities viewing the stored vehicles. They need to have coverage for all of these exposures. The insurance industry and various insurance companies have adapted policies to provide these operations with all of the coverage that is needed to ensure that in the event of a loss these businesses are covered for all possible types of losses.

There are many coverage options available for towing operations such as on hook coverage, general liability, garage-keepers legal liability. These types of coverage are a must for full service towing operations that have vehicle storage. Continue reading ‘Towing Business’ Missing Coverage’ »

If you are a new entrepreneur or a business owner with more experience, taking control of your finances can feel like a part-time job. Some simple tips can help you optimize your time, organize your finances and reduce the stress of business money matters.

1. Keep your bills in one place

When the mail comes, make sure it goes in one place. Bills out of place may be the cause of late fees unwanted and can damage your credit rating. Whether in a drawer, a box or a file, be consistent. Size also is important. If you get a lot of mail, use an area not fill up quickly.

2. Pay your bills on List

Payment of accounts can be simplified if done at scheduled times during the month. Depending on how many bills you receive, you can establish set times each month when none of your bills will be late. If you’re paying bills as you receive them, it is likely that you are spending too much time in front of the checkbook. Although the accounts of the State can ‘payable upon receipt’, there’s always a grace period. Call your lender to find out when to receive payment before the bill is considered late. Continue reading ‘10 Simple Ways To Organize Your Business Finance’ »