In any business, minimizing financial risk is critical. The same applies to not just commercial but industrial business owners. In some situations, it is crucial to provide a further-reaching, more comprehensive insurance policy to minimize expensive losses that could occur. A very common area where some companies suffer loss is in the “in-between” periods. This […]
Is Your Business Covered During a Mechanical Breakdown?
As you consider the chance of financial loss to your business, be sure to take a close look at equipment breakdown insurance. If your business constructs or manufactures using equipment then protecting your earnings from mechanical breakdown is worth consideration. What is Mechanical Breakdown Insurance Equipment breakdown insurance, also called mechanical breakdown insurance protects your […]
Get The Facts About Inland Marine Insurance
When you move equipment or product outside of your facility, or in logistics, freight, or as a function of internal operations, I’m sure your commercial insurance agent has discussed an Inland Marine policy with you. If you’re in middle America, I’m sure having “marine” as the title of any insurance policy you carry may seem […]
Tales From The Trenches: Trucker Interviews About ELDs
Recently I sat down with a couple of professionals working hard in the trucking industry. They had some insight into how electronic logging devices and hours of service rules are slowing them down. See how well this relates to your own experiences in the trucking world, and if so, reflect on ways to resolve this […]
Do I Need Construction Equipment Insurance?
“I have a GC and Liability policies already, isn’t that enough?” Let’s step back for a moment and take a look at why policies are specialized. If you look closely at your policies, most of the language will focus on the risk of injury, death, or property damage to others. If your own equipment is […]