Commercial insurance

The following blog posts have the category Commercial insurance

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Preparing Your Business for a Power Outage

A power outage can interrupt operations, affect equipment, and create unexpected expenses for businesses in Illinois. Taking a few precautions before the lights go out can help reduce disruptions and make it easier to keep employees, customers, and property safe.

Business Interruption Insurance: How to Stay Afloat When the Doors are Closed

When your business is forced to close due to a covered loss, the financial strain can begin immediately. Business interruption insurance can help replace lost income and assist with ongoing expenses so your company can work toward reopening with greater stability.

Understanding General Liability vs. Professional Liability

Whether you're just starting your business or have been running it for years, understanding the types of insurance your business may need is critical to managing risk. Two of the most common forms of business insurance are general liability and professional liability. While they may sound similar, they address different types of exposures and serve distinct purposes.
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Medium Sized Business Insurance Basics

We've said it before: the distinction between a small and large business is somewhat arbitrary. At what point in the business growth life cycle do you cross over? One way to answer the question is when your business no longer qualifies for a Business Owners Package Policy. The BOP bundles up several kinds of insurance protection in one policy. But as business become larger the risks they pose become more varied and difficult to address in one policy.
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Commercial Umbrella Basics: Part II

Recently, we covered the basics of commercial umbrella insurance: What is it, and is it right for your business? This month, we'll get into a few more details, and look at some of the instances in which commercial umbrella insurance might apply.
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Commercial Umbrella Insurance 101

All business owners in Illinois need solid, affordable insurance, and many companies require multiple types. But what happens when something goes wrong and your insurance doesn't cover it? If the cost to pay for injury to others exceeds your policy limits, or worse, is excluded by the insurance policies you have, you could be stuck with potentially crippling out-of-pocket costs.
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