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workers compensation insurance broker

How to Find a High-Quality Insurance Broker for Your Workers’ Compensation Needs

How to Find a High-Quality Insurance Broker for Your Workers’ Compensation Needs

When beginning the search for an insurance company to meet your needs, consider the value of a relationship with an insurance broker that will put together a comprehensive plan for your business. One of the most important and potentially expensive areas to consider is Workers’ Compensation. Therefore, look for a Workers’ Compensation insurance broker with a variety of qualifications and experience.

Competency in Workers’ Compensation

It’s a good idea to have a picture of your company in mind before meeting with insurance brokers. Think about the size of your business, the work you perform and the number of staff you employ. Research local insurance brokers to find highly rated and recommended professionals with proven success in Workers’ Compensation cases.

Signs of a Quality Insurance Company

Make a list of what you would like in a relationship with your Workers’ Compensation insurance broker. It could include, but not be limited to:

• High ratings of excellence on a national level

• Flexibility with regard to payments and plans

• Leverage in the insurance market

• Solid management of risks

• Options for self-insurance or captive insurance

An excellent Workers’ Compensation insurance broker should recognize the value of putting together an insurance plan that benefits you and your employees both now and in the future.

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Independent insurance agents of CT

When It Is Time To Change Insurance Agents

At some point, you may become unhappy with your current insurance agent or company. But how do you know when you should make the switch? Independent insurance agents of CT may offer the perfect combination of both insurance coverage and customer service.

Moving

Sometimes moving can cause your current insurance agent to become irrelevant. They may not have the licenses to work in your new state. Or you bought a home and they only offer renters insurance but not homeowners insurance.

Customer Service

Terrible customer service is a primary motivator for people to move on from their current agent. Reading testimonials and asking around for referrals can help you find a new agent with better customer service that you can rely on.

Personality

There are times when personalities clash and continuing the relationship is no longer beneficial to either of you. When searching for a new agent, meet them before signing anything. Go with your gut, so you can avoid future personality conflicts.

Unavailability

If you have to file a claim, you need your insurance agent to be on top of their game. An unavailable agent is no use to you.

Changing insurance providers doesn’t have to be a hassle. Finding independent insurance agents of CT starts with referrals from loved ones or testimonials online. Make sure the new agent offers the insurance coverage you need.

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marine repairer insurance program

Common Types of Marine Vessel Repairs

Marine vessel repairing is a skilled art that requires a variety of specialized labor. The vessel not only needs to look good, but it needs to functional well after the repairs are complete. Investing in a marine repairer insurance program can protect the financial assets of your business as your repair or maintain marine vessels. Common repairs often require specialized skills in these key areas.

Electrical

With modern technology constantly changing, even boats are not immune to having outdated technology on board. Upgrading and repairing the electrical system or devices on a vessel takes a skilled marine electrician to handle correctly.

Carpentry

Most ships and boats have some sort of wood comprising either the entire vessel or interior trim. Working with wood requires a steady hand and experience with carpentry.

Paint

Knicks, cracks and repainting require the skills of an experienced painter. Specializing in marine vessels means a painter can work on fiberglass, wood and metal.

Mechanical

The vessel’s engine works similarly to an automotive engine but is different. A skilled hand with the mechanics of a boat engine and working knowledge of common repairs needed is essential to an efficient, correct repair.

Your team of skilled professionals or your independent contractor benefits from a marine repairer insurance program. Insurance protects the business owner in the event a lawsuit is filed resulting in financial loss for the client.

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starting a laundry business

What You Should Know Before Starting Your Laundry Business

What You Should Know Before Starting Your Laundry Business

If you are looking for a new business venture, starting a laundry business could be the perfect opportunity for you to take on. However, there are things you need to know before you get started. There are risks involved when you are running this type of business.

What Are the Risks?

Even if you invest in high-quality equipment, it may malfunction at times. You will need to spend money to have the equipment repaired or replaced from time to time. You should also be prepared to spend a lot of money on your utility bills because electricity and water are constantly being used at your facility. These are expenses you should find out about before starting a laundry business.

Are There Ways to Avoid Risks

Some risks may be avoided by purchasing extra coverage for your equipment. If something malfunctions, you could have the piece of equipment repaired or quickly replaced without paying out of pocket for everything. It is something to look into if you would like to save while having a way to deal with potential issues that could arise at any moment. Starting a laundry business is not a bad idea, but you need to know more about the risks that are involved and the types of expenses that you are going to need to take on. When you have more information, you can decide if this is the right business venture for you to get involved in.

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truck cargo insurance providers

Extending Your Liability Coverage to Freight

If you are a commercial load hauler, you are already familiar with the insurance requirements established by the FMCSA. General liability limits include coverage for property damage, bodily injury and environmental restoration. For more comprehensive attention to your actual load liability, truck cargo insurance providers will tell you about the need for cargo coverage.

With cargo insurance, your freight or load in transit is covered in case of incidents involving fire, collision, theft or striking a load during loading or unloading activities. Some of the policies will also be written to address costs incurred for cleanup up of loads that have spilled. This means paying for costs to firefighting or hazard teams sent to contain a situation.

When you get ready to talk to truck cargo insurance providers, you will need to have an idea of how much coverage you want. This should take into account the types of loads you often haul, as you get to determine the limits and deductibles you want to set.

Cargo insurance isn’t available for all loads. Some of the categories often excluded include:

  • Live animals
  • Jewelry
  • Art
  • Explosive or radioactive materials
  • Contraband
  • Pharmaceuticals

Check with your broker about items that qualify for coverage. Ensure that your freight is protected during all incidents. It is better to err on the side of caution with both driving and administrative actions.

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Western Truck Insurance

Pros and Cons of Truck Ownership

If you are lucky enough to own a truck, then you are lucky enough. Having a truck sitting in the driveway is as American as apple pie! Patriotic sentiments aside, a truck is a great investment that provides many benefits to its owner. Here are just a few of the pros and cons of truck ownership:

Trucks are Reliable

Pro: As with any product, everybody favors a different brand. It doesn’t matter if you’re a Ford, Chevy or Dodge person; American-made trucks are crafted with quality and precision that manufacturers can be proud of. Being insured with Western Truck Insurance adds another layer of dependability to your truck.

Con: All your neighbors can also see how reliable it is, so they ask to borrow it for an IKEA run from time to time. Since you are insured with Western Truck Insurance, this is only a minor inconvenience.

They Were Built for Heavy Use

Pro: Weekend chores are no problem because you are able to transport big loads. The lawnmower, 5 50-pound fertilizer bags and the dog’s kennel all fit comfortably in the bed of the truck.

Con: “Hey, can you help me move?”

Owning a truck comes with all the perks but only some of the hassle. Take those in their stride as you hit the road with the smell of sweet diesel in your wake.

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Orlando workers compensation insurance

Workers Compensation: What It Covers and What Are The Requirements?

Are you looking for Orlando workers compensation insurance? Before you sign up for a new policy, here is what you should know about what it entails and the coverage requirements that are applicable to the state of Florida.

What Does It Cover?

Workers compensation protects you and your employees in case one of them becomes ill or suffers an injury because of work-related activity. Not only will your policy cover the medical costs associated with the incident, but it will also cover rehab expenses and pay for lost wages while he or she is out of the office. In case of death, your policy can make payments for which you’re liable to the employee’s beneficiaries.

What Are The Governing Laws?

The laws for workers compensation vary by state. Some states require that you carry workers compensation as soon as you have one employee while others have more lenient requirements. For Florida, the requirements vary depending on your industry.

Construction: coverage is required starting with your first employee, including the owners.
Non-construction: coverage is required starting with the fourth employee, not including sole proprietors or partners in a partnership.
Agricultural: coverage is required when you reach six regular employees or 12 seasonal employees who work at least 30 days in a season and up to 45 days in a year.

There are other guidelines that pertain to how contractors and out-of-state employers are handled. Work with an agent experienced with Orlando workers compensation insurance to craft a policy that meets your needs and the local requirements.

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