5 Things You Shouldn’t Assume About Commercial Insurance

You know what they say about assumptions, right? They’re an awful thing to have, especially when it comes to any kind of insurance coverage. It’s never a good idea to assume something is covered. For that reason, when you purchase commercial insurance, your assumptions could lead to the ruin of your business, or at the very least, a rude awakening. No one ever said that reading the fine print of an insurance contract is fun, but a lot of things…

Lockdown Insurance Advice for Contractors

In this article, let’s look at how you can benefit your company by seeking lockdown insurance advice. Construction may feel like it’s at a standstill. But you can still be proactive in improving your contractor business. With 9/10 Americans asked to stay in and flatten the Coronavirus curve, you’ve probably been looking for ways to minimize your company’s losses. So, let’s look at increasing your savings when you return to work. Cheap, well-considered insurance means more money for you. There’s…

What to Know About Commercial Property Insurance

At Morgan Insurance Group, we want to make sure those who own a business here in Florida have the proper protection they need to safeguard their company, their employees, and their customers. In our recent post, we began looking at some of the things you should know about commercial property insurance and the benefits of commercial coverage. These included looking at what commercial insurance is, what it covers, and some of the exclusions. We also discussed how a commercial property…

Commercial general liability insurance: what is and isn’t covered?

Commercial general third party liability insurance helps business owners handle claims which result from their business causing third party bodily injury or property damage to a third party. An example could include a customer injuring themselves on your business property and filing lawsuit. There can be misunderstandings about what is and isn’t covered by commercial general liability insurance. We’re here to help. Here’s a look at common misunderstandings about what’s excluded and included in the coverage. Commercial general liability insurance:…

How to properly (and safely!) dock a boat

Learn how to dock a boat with this step-by-step guide Very few things can get a boater’s heart pumping faster than a tricky docking situation. On a good day, docking a boat is relatively easy: You just pull into slip, tie off a couple lines, and get on with your day. But experienced boaters know that things can go sideways—and fast—when it comes time to dock (most boats have a few dings and scratches to prove it—mine included). So, it’s…

6 Myths About Renters Insurance – Why You Need It

What Is Renters Insurance? Renters insurance covers the renter’s belongings in the event of loss, theft, fire, or other damage. Renters can choose the level of coverage that best protects the value of their property. Many policies do not cover damage caused by floods or earthquakes, but it is possible to purchase a separate policy to cover these events. If your rental property becomes uninhabitable for a period of time, your policy may pay for you to temporarily stay elsewhere,…

Why is car insurance so high in Florida?

A huge number of uninsured drivers doesn’t help. The Insurance Research Council found that more than a quarter of Florida’s drivers don’t carry insurance, the most of any state. That drives up costs for everyone. So does the fact that a lot of claims in Florida involve lawyers, according to Insure.com. The state’s scourge of bogus broken windshield cases doesn’t help, nor do spikes in auto theft in some cities. State insurance officials blame severe weather for higher comprehensive premiums,…

Post COVID-19: Preparing Your Small Business to Reopen

Many small businesses have been hard hit by COVID-19. It’s not clear yet how long the pandemic will last, but when it passes, you’ll want to be ready for that much-awaited turn of the economic tide. Here are some actions you can take now to be prepared to reset and restart your business in the post-COVID world. Review Customer Lists Customer lists are invaluable for many businesses. They make repeat business possible, but only if they’re up-to-date. Make sure your…

Car Care and Maintenance During the Coronavirus Pandemic

Tips for keeping your car dependable while keeping yourself safe Consumers have many worries right now during the coronavirus pandemic. Somewhere on the list for some is keeping their car dependable, especially for those who work at “essential” businesses and need to commute. There are many basic car care tasks, such as checking fluids and inspecting tires, that can be performed in your driveway. And in an ideal world, you would have been ahead of all routine services and repairs,…

Coronavirus and businesses

Information for Washington state businesses about coronavirus and its impact on commercial insurance and business operations. What insurance do I need for my business to be covered for losses due to coronavirus? To be covered against a business’ loss of revenue due to a pandemic, such as coronavirus, you would need to have purchased an insurance policy, or an endorsement for your policy that covers such a loss before the outbreak started. It’s unlikely you’ll be able to buy this…