Business insurance tips
Getting insurance for your small business can get expensive. At Insureon, we help you find the most affordable and right insurance for your small business and its unique needs through a single online application. That way you can get peace of mind without breaking the bank.
A certificate of insurance (COI) form provides proof of insurance coverage. To acquire a COI, you must first buy a small business liability insurance policy. After the policy has been issued, most certificates of insurance are available online.
A proof of loss is a formal statement you must file with your insurer requesting benefits be paid to you after a covered incident.
A loss payee is a person or organization listed on an insurance policy’s declarations page that is entitled to receive claim payments before the policy owner due to a financial interest in the insured property.
A named insured is a person or business entity listed on an insurance policy’s declarations page.
Prior acts coverage is insurance protection for incidents that happened before you bought your existing claims-made insurance policy.
Opens perils coverage refers to a type of property insurance that covers damage to your possessions from all causes except those your policy specifically excludes.
An insurance adjuster is someone responsible for investigating and settling claims submitted to an insurer.
Named perils coverage is a type of commercial property insurance that only protects you against losses your policy specifically lists.
Both general liability insurance and workers' compensation insurance provide coverage when someone is injured at your business. Learn the benefits offered by each policy, the key differences in coverage, and why you may need them for your business.
A pay-as-you-go workers’ compensation plan can make it easier for small business owners to obtain coverage while maximizing the cash that they have on hand.
General liability and professional liability insurance both protect against common small business liabilities, but cover two different types of lawsuits. You may need to purchase one or both policies depending on your risks.
Technology errors and omissions insurance and cyber liability insurance both cover data breaches. The type of coverage your business needs depends on whether a cyberattack could damage your company, your clients, or both.
Both general liability insurance and a business owner's policy provide basic protection for your small business, so which one is right for you? Find out which policy fits best by taking a closer look at their benefits and differences.
Liability insurance and property insurance provide different forms of protection, and both types of coverage are necessary to protect a small business.
