2015 is nearly over, and what a year it's been! On the blog, we've delivered the scoop on all things insurance, and some of these posts deserve a victory lap, if we do say so ourselves.
So put on your party shoes and let's take a stroll down the not-so-distant memory lane. The following posts were some of our readers' favorites in 2015 – we hope they make you laugh, cry, and learn a thing or two about business insurance.
Trust us, there's plenty of conflicting information and misconceptions about insurance on the Internet. In this post, we set the record straight and finally answer the burning question of business owners far and wide: yes, insurance is cuter with puppies.
Data breaches: so hot right now. High-profile breaches dot the headlines, spurring businesses to buy insurance in droves. Though General Liability Insurance protects your business in many ways, it can't cover data breaches – only Cyber Liability Insurance can do that. Data breaches aren't going away any time soon, so dive into this post for a few good reasons why the appropriate coverage can be a business saver.
You're on the hunt for small business insurance, and you have a budget to contend with. We get it. This post breaks down average and median prices for different business insurance policies. It also clues you in to several factors that can affect cost, such as the type and size of your business, location, revenue, and number of employees. For a more in-depth look at cost, check out Insureon's Business Insurance Cost Analysis.
Worker classification was a hot topic in 2014 and 2015, and it's likely to continue in the upcoming year. If you misclassify a contractor or 1099 worker when they're actually an employee, your business can face hefty Workers' Comp fines. To learn more, check out this guide [PDF] from the Department of Labor – it clarifies how the Fair Labor Standards Act applies to contract work (also covered in "10 - 20% of Businesses Make this Expensive Mistake. Do You?").
October 1, 2015, marked the shift in liability for card-present transactions. Whereas banks and large retailers that issue credit cards used to share liability for card-present fraud with merchants, that responsibility now belongs solely to the merchant if they haven't yet switched over to EMV readers. Insureon created an infographic [PDF] with the details your business needs to make the switch and avoid taking on unnecessary liability.
Did you know a rider to your Professional Liability Insurance may cover your ransom if you're ever kidnapped? And that there's a policy that can help your business move forward when you kick the bucket? (Morbid, but true.) Learn about the other cool tricks insurance has up its sleeve.
Let's end on a feel-good, fuzzy note, shall we? What can we say – we like puppies here at Insureon. (You've met our office dog Gunner, right?) According to an article by Japanese researcher Hiroshi Nittono of Hiroshima University, looking at puppies or other photos of baby animals boosts focus and productivity! Turns out all those work breaks spent watching cat videos were worthwhile after all.
On the Horizon: Small Business Insurance in 2016
We hope you enjoyed a sampling of our most popular posts of 2015. Be on the lookout for hard-hitting, eye-opening insurance coverage in the New Year. If you have questions about a certain topic or an idea for a post, let us know! We'd love to hear from you.