What Kind of Insurance Do Utah Restaurant Owners Need?
From bustling urban hubs to quaint towns, Utah’s restaurant scene has flourished over the years. However, as any seasoned restaurateur knows, success in this dynamic industry comes with a side of risk. As a restaurant owner, you should understand the importance of managing risks for your business, including the key business insurance considerations that can […]
Utah Restaurant Industry Overview: Key Insights for New Entrepreneurs
As you survey the Utah restaurant industry, you may notice that it is a vibrant and dynamic sector full of opportunities for restaurant entrepreneurs who want to enter the food service business. However, there are also some challenges to navigate. From understanding local market trends to making sure you have comprehensive insurance coverage, new entrepreneurs […]
3 Common Roofing Issues in Winter for Utah Businesses
Roofing issues in winter are not fun to experience, and businesses dread encountering or dealing with them. Every part of your business’s building plays an important role, but few are as crucial as its roof. Roofs serve many functions but are primarily responsible for shielding structures from the elements and protecting the building’s inhabitants. Roofing […]
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 […]
Cool Restaurant Trends Your Business Can Implement
There are multiple restaurant trends that your business can implement to stay ahead of the competition and thrive. You need to be able to provide diners with more than just great food and good service if you want them to favor your business over others. Thus, staying ahead of the industry trends can assist in […]
What is Business Income Insurance Coverage?
Business Income (or business interruption insurance) protects business owners from the loss of income when their facility suffers a disaster that forces it to close. While a property insurance policy covers the physical damage or loss to a business’ property, a business income insurance policy will cover the business for lost profits and expense payments. This type of […]
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 […]
5 Common General Liability Exclusions for Contractors
In most instances, the following claims are excluded on the general liability policy for contractors: Damage to your property. Employee injuries. Employment disputes. Damage to your vehicles. Professional mistakes. 1. Damage to Your Property Your employees are working late to finish a project, and a storm begins to brew outside. As they try and hurry […]
