Commercial Insurance

Parent Category: Insurance
Commercial insurance is insurance for a business and other commercial ventures. It is an important investment, especially in protecting a business from possible loss caused by unfortunate and unexpected circumstances.
It all depends on the type of business and the size. Commercial general liability and some contents ($10,000 or so) for a small office might be as low as $500 per year. However, the cost of insurance may be higher for an apartment building or commercial structure. It is recommended to obtain at...
The short answer is... you probably won't be able to find it, ever. There is simply not enough premium collected from a short-term workers comp policy for an insurer to want to accept the potential cost of employee injury claims.To make this more meaningful consider this... your workers compensation...
With regard to surety, the creditor can look to the surety forimmediate payment upon the occurrence of a default by the principalobligor or debtor. However, where an individual is a guarantor, thecreditor must first attempt to collect the debt from the principaldebtor/obligor before demanding...
Answer . This is typically not provided as the project has not commenced. However, based upon soft costs a percentage completion can be tallied based upon overall costs in proportion to soft costs only. In order to verify percentage completion from accounting to verify actual hard costs...
Answer . Business Liability Insurance costs vary from State to State. Your costs will depend on what type of business your in and the size of your business and a number of other factors.. Contact a local independent insurance agent for a quote.. If in NJ contact William J Zester, VP - MPPI, Inc. ...
There are a variety of insurance bond types. Most anyone can get a bond, but they must qualify with good credit and a clear criminal history.
Earn your Bachelor of Science in Accountancy prepare yourself for acareer in the fields of accountancy, taxation, and businessservices. Founded in 1974, LIU Post's School of ... If you havecompleted fewer than 24 credits, you must also submit high schooltranscripts and SAT/ACT scores.
Over one thousand billion US$ (if you sell potato chips)
The current exchange rate from dollar to euro is 1 dollar to 0.75euro. This means that for every 100 dollars, there would be 75euros.
I think you mean who is insuring in Kentucky? The best resource for finding a good insurance company is the department of insurance, or AM Best.
The type of business and location will determine who to insure with. Farmers Insurance Agents are a good resource because they have a preferred market and can also broker to other insurance companies if the risk is unacceptable to them (ie a tattoo shop, dynamite manufacturer, etc.)
An aggregate (noun) is the sum or whole amount. To aggregate (verb) is to collect or amount together.
If there are no employees in the business, there is no need for workers compensation. However, handymen, landscapers and other part time contractors may be considered employees and need to be covered. The defining factors between an independent contractors (do not need to be covered under workers...
Start with obtaining a quotation for boat insurance, and let the agent/company know that you will be chartering the boat. If the chartering operations are incidental, the boat insurance may extend coverage. They will ask if the boat to be chartered includes a captain or not. Another recommendation...
That's a big undertaking. Becoming an insurance company takes an enormous amount of capital and a lot of approval from the department of insurance. The better approach may be to get your insurance license and get an appointment with a bonding company to work as an agent first. The next step may be...
The cost of insurance for a small business depends on a lot of factors, but can be as little as $500 per year. Some of the factors include the type and size of the business, location, amount of coverage, experience, loss history, to name a few. I recommend contacting at least three different...
To state the maximum outstanding amount that a surety co. can give.
Answer . \nNo, not to insure it just to drive it. You can insure it and let someone else drive it as long as they have their Class A CDL.
The best way to determine the fire protection class is to contact the local fire department.
The premium surcharge would generally be administered by the insurance company for loss history, high risk businesses, condition of premises, etc. If you would like to check with the department of insurance for your state, they may be able to answer your question in greater detail.
The One Child Policy was implemented to control the population ofChina. It is controversial, and has been linked to forcedabortions, infanticide of female babies, and the sex imbalance ofChina's population.
Aliko Dangote according to Forbes Magazine. Check forbes for more info
Brief Description of Business Insurance: . Business Liability Insurance is typically sold as "General Liability" insurance to businesses in order to provide coverage for the day to day operations of the business. Depending upon the kind of business it is, there are different categories of...
Liability coverage is offered for vacant land, but most insurance policies specifically exclude land value, or the reconstruction of land following a sinkhole collapse or earth movement.
Products and completed operations insurance coverage means that you will be protected for a product that you sell, in the event the item causes damage or injury. Suppose you manufactured and distributed a toy, and a child choked on it, that would be a product liability.
Product liability insurance premiums are based on the type of product you sell as well as the size of your business/the number of products you sell. Consider that the higher the risk of the product you sell, the higher the insurance cost. Selling key-chains as an example, would generate a lower...
The "Professional",, would be the person or entity "Insured" underthe contract.
Mandatory Medical Malpractice Insurance? No, No state mandates that a Doctor carry malpractice insurance nor any kind of insurance at all related to their profession. Recent polls as of 2009 indicate that as much as 60 percent of private practitioners no longer purchase Medical Malpractice...
If you run a small daycare out of your home, you can sometimes add an endorsement to your home insurance for about $150.00 oer year. The limit is usually 4-6 children. If you are operating a larger day care in your home, the cost of insurance may start at $1,000 per year or more depending on size,...
The definition of a burglary is entering a building unlawfully with intent to commit a felony or to steal valuable property. If there is no sign of forced entry, the insurance company has no way of knowing what actually occurred. You may be able to prove that it was a legitimate burglary if you had...
Good health insurance! And can I recommend life insurance as well? :) In all seriousness, the companies that you are doing the stunt work for will be the best ones to ask that question too. They will be able to tell you exactly what kind of insurance they will require you to carry and can...
Before a claim can be allowed, a material damage claim must be admitted. There may be circumstances when the interruption results from damage on another insurance Policy - e.g. a supplier's etc. In this case, it is imperative that the wording is sufficient to react to 'any' material damage caused by...
Professional liability insurance will protect you against lawsuits arising from your actual professional services rendered. Suppose you have a consulting business, and you are sued for providing incorrect information, that would be a professional liability. Insurance agents and accountants need a...
The Department's ISO rating varies, depending on location within the County and presence of public water. In McDonough, the ISO rating is 4. It is 5-6 in Stockbridge. In unincorporated areas of the county it is 5 with public water service and 9 for dwellings not on public water.
Climbing Frames in a Pub are considered Commercial as the General public have access to the Climbing Frame and therefore have to conform to the BS EN1177 and BS EN1176 standards. These are regulations which make the climbing frame meet all the insurance requirements. My Brother in law has just...
Your first step in obtaining a surety bond in Maryland is to contact a surety agent that is familiar with the bonding process. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information.
To get to the route of what your asking: The amount of the LOSS that is deductible is the unrecovered loss. Hence if you have claimed the entire loss as a deduction the amount of insurance you get is income - because essentially, you overdeducted the loss. If you have made no loss deduction claim,...
You should keep the records for a minimum of 5 years.
There is no simple answer to the question. Every contractor has hisor her own risks associated with the type and volume of workperformed. It could easily be anywhere from 500 to 50,000 dollarsor more depending on the risks presented.
The treasurer of your organization can obtain a bond by contactinga bonding agency. The agency will pull a background and creditcheck on the treasurer before issuing a bond.
The cost of liability insurance is not proportional to the amount of protection of insurance because it is based on cost of overhead and payout. The office costs for one policy are the same as for another policy regardless of amount. The other reason has to do with payout. An accident occurred. A...
In the world of workers' compensation laws, when an injured worker is paid medical and lost wage benefits by his/her employer [or] insurer, and the injury is caused by negligence or statutory liability of some person(s) OTHER THAN THE EMPLOYER who is paying benefits, the injured worker has a right...
While the Twin Towers could have held many thousand more, a limitednumber worked there. About 50,000 people have jobs there before2001.
example of obligation
Never heard of this term, maybe same as fleet?
As with any type of insurance, there is no easy answer for "how much does X coverage cost?" Because insurance companies use such a diverse set of factors to rate policies there is no one way to know exactly how much insurance will cost any perticular individual. The best I can say is to start...
A business name is not required to obtain general liability insurance for your business. It is recommended that you incorporate your business to limit your liability.
After you are licensed, you will need to get appointed with an insurance company and or wholesaler/general agent. Either of these entities will require you to have a bond and usually errors and omissions insurance.
impotance of marine insurance for international trade?
Business management software is software specifically designed tohelp businesses operate better. Business software can focus onaccounting, production or other areas within the business.
You will need to contact some agents for quotes.
You can contact an insurance agent for a bond. As far as the license, I don't believe you need a contractors license for janitorial services, but you can check with the contractors license board in your state for more information.
Of course nobody has to have insurance, but it's always a good idea. Typically someone will request that you provide proof of insurance. If you have coverage for your mechanic shop, garage keepers coverage is an endorsement that extends coverage to the customers vehicle while in your possession.
Anything of value that is acceptable to the recipient, such as cash, notes, property...
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Insurance Services Office (ISO) is a company that performs many functions for the insurance industry. They develop and publish standardized policy forms for insurance companies to use. They also rate fire departments and publish these ratings for insurance companies to use in rating fire insurance...
Answer . can I see a sample balanced scorecard for business development department?. Answer . can I see a sample balanced scorecard for business development department?
Sole proprietorships and partnerships
It can draw a line about 35 miles.
A customer relationship with a bank is essentially the services youget with your bank. Business build customer relationships toestablish loyalty.
You will most likely spend over 1000 a year with only 1-2 employees. More employees make for more cost and you will find a large number of insurance writers try to scam you. Be careful.
A bonded courier gives the assurance that, should a package getlost or stolen, its replacement cost is covered. For example, if acompany sends a computer via a bonded courier and the delivery isstolen, the bonded courier service is able to reimburse the companyfor the loss of its computer.
A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.
A non admitted insurer is somettimes referred to as a surplus lines carrier.
You should be looking for general liability and errors andommission insurance.
lots of learning to do! I just moved to Florida, and I'm working on the problem as we speak. As far as the bond goes, I can't really help you there. Technically there are two types of licensed contractors-Certified-&-registered. Certified contractors can work anywhere in the state, registered...
His greatest accomplishment was setting up Microsoft.
The core of the sun is about 15 million Kelvin.
As a basic separate entity concept, business and owner of businessboth are separate entities so when capital introduced by the ownerof business, that capital is liability on business to return thatcapital to it's owner at the time of closing down of business.
Contact their corp. head quarters and see if they will provide this information.
Traditionally, per project general liability policies were reserved for large projects such as tract home and condo developments. Minim premiums on such policies can vary from $50,000 to $250,000. However, there are some new insurance programs out there for smaller contractors with premiums as low...
The cost varies based on what kind of bull you have and where the mechanical bull will be operated. There are other factors as well, depending upon the insurer's underwriting guidelines. This is a specialty type of insurance. Therefore, anyone seeking it should consult with a broker or agent with...
The World Trade Center is being rebuilt on its original site. Itwill still have the same name and will include a memorial to thosekilled on September 11, 2001.
The average typing speed is 40 numbers per minute. The speedincludes the ability to type the numbers correctly without mixingthem up or looking at the keyboard.
More information can be found in the website of the National Association of Professional Employer Organizations. . http://www.napeo.org/
In terms of Auto Liability...this depends.... 1. Does the policy excluded unscheduled drivers? If so, no coverage for you. 2. Did you have permission to use the vehicle? If not, no coverage for you. If the policy does not exclude unscheduled drivers, and you have permission to use the vehicle,...
Are you talking about health insurance or life insurance? I will address life insurance. People will tell you that it is the best way to have the money you need for your own burial and to provide some financial support for surviving family members. My opinion is that you can take the same money you...
It is contractor's all risk policy to be insured by contractor for the work.
1. General Liability - including products / completed operations 2. Pollution Liability - for the use & application of pesticides, fertilizers, and other chemicals. Often can be added to the General Liability policy by endorsement. 3. Workers Compensation - if its just you, and you alone, you are...
Many people use different terms of endearment when talking to people and the word love is often used out of context like when you are being seved in a shop the assistant may say thankyou love rather than thankyou sir or thankyou dear or thankyou sweetie they are using the word love as an informal...
That will depend on the jurisdiction, federal or state, and if it is a state, which state.
I couldn't find your answer, but there are many many web sites thatcould be of service, start by googling, ''evidence rules in NewJersey''...good luck Answer YES - the broad evidence rule applies in NJ. It can significantlyimpact the outcome of any loss payment.
There are quite a few factors that will determine how much insurance costs, I would call a local agent for a quote.
The difference between formal and informal speech is formal isserious. Informal speech isn't serious and is more of the way you'dspeak in a conversation with someone.
Business Income replaces your lost business income in the event of a covered loss. In regards to an apartment building insurance for example, if there is a fire and the tenants have to move out while the contruction is being completed, you will be compensated for your loss of business income. The...
can a contractor have liability insurance backdated to show the company was insured
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i have a 500 word report due tommarow and i have to figure out the same thing why was it started?. i have a 500 word report due tommarow and i have to figure out the same thing why was it started?
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SWIFT MT760 The MT-760 is a type of SWIFT message that is sometimes requested in sugar trading because it functions much like a Bank Guarantee, although it carries with it a much higher level of risk for the issuer (usually the buyer), and a reduced level of risk for the recipient (the seller)....