What Types of Business Insurance Do I Need for Natural Disasters?
In Utah, a state known for its diverse geography, businesses face a variety of natural disaster risks, from wildfires and flooding to earthquakes and extreme winter weather. Protecting your business starts with understanding the types of business insurance available to you as well as the specific risks that your business might face. Risks for Utah […]
Navigating the Basics of Construction Insurance: A Guide for Contractors
Throughout a project’s development and construction phase, property owners, developers, and contractors must acquire various types of insurance to protect their projects. Construction insurance is a business insurance that enables you to manage risks and comply with legal requirements. When finding the appropriate insurance options, BTC Insurance may have the solutions. Business Insurance for Common […]
Understanding the Unique Insurance Needs of Manufacturing and Wholesale Businesses
The manufacturing, wholesale, and distribution sectors face unique risks every day. Storms, fires, and floods can damage products within a warehouse, thieves can target inventory, and unpaid deliveries or late supplier shipments can eat into your profits. To mitigate the varying risks, all companies within the wholesale and manufacturing industries require comprehensive business insurance options. […]
How to Combat and Prevent Crime & Employee Dishonety
You might worry about employee dishonesty when running a business, as it takes time to develop trust. Crimes that cause direct losses and damage valuable assets or other property can inflict significant hardships on businesses of all sizes. Companies can protect themselves by devising proactive strategies to prevent criminal activity. Don’t Let Employee Dishonesty Happen […]
7 Questions for CEOs to Ponder in 2023
There are numerous questions for CEOs to ponder in the coming year, as the business landscape continually develops. As the chief executive officer of your company, you know how important it is to lead by example. You strive to be a role model to your employees every day by leading confidently, taking responsibility, and minimizing […]
When Someone Gets Hurt on Your Business Property
Many variables might harm your company when someone gets hurt on your business property and you must know what to do. When someone Even if you take every possible precaution to prevent any injuries on your commercial property, it is sometimes unavoidable. Your business insurance package should include comprehensive liability and workers’ compensation policies. How you […]
Keeping Your Business Financially Healthy
Keeping your business financially healthy is essential to ensuring long-term success and preventing it from failing. Small business owners need strong organizational skills and must adequately manage their finances. Good recordkeeping and planning could help you avoid money management problems that hinder healthy development. How to Ensure Your Business Stays Financially Healthy Staying cash positive […]
Insurance Certificate: Primary and Non-contributory Wording
Construction contracts often require a subcontractor’s general liability insurance policy to name the owner or general contractor as an additional insured on a “primary and noncontributory” basis. This seemingly simple requirement can cause a lot of difficulty and may hamper the sub’s ability to start the project. The International Risk Management Institute (IRMI) recommends that […]
What is Electronic Data Protection Insurance?
What Does Electronic Data Loss Insurance Cover? 1. Lost or damaged electronic data EDP coverage as it is commonly known provides insurance to replace or restore your electronic data that is lost as a result of a covered claim. For example, if a fire to your building destroys your computers, then your standard property policy […]
Insuring Property Stored at Other Premises
Did you know that property stored somewhere other than at your office premises may not be covered by your property insurance policy? Be sure to keep your insurance broker advised if you move property. There are other situations which should also trigger a call to insurance provider: Warehousing Demo equipment at a client’s site (and […]
