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Business Insurance Cost Drivers And Saving Strategies

The cost of business insurance can vary depending on a number of factors, including:

  • The type of business. Some businesses are considered to be higher-risk than others, and as a result, they will pay higher insurance rates. For example, businesses that operate in hazardous industries, such as construction or...

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Steps to take in lowering your general Liability insurance

General liability insurance is a type of insurance that protects businesses from financial losses caused by third-party claims. These claims can include bodily injury, property damage, and other liabilities. The cost of general liability insurance can vary depending on a number of factors. Including the size, type of business, the...

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Steps to take in lowering your workers' compensation insurance rate

Workers' compensation insurance is a type of insurance that covers when employees get injured or become ill on the job. It is a legal requirement in most states, and it can be a significant cost for businesses. There are a number of things that businesses can do to lower their...

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What are the key elements of a written workplace safety policy

A safety policy is a written document that outlines the organization's commitment to safety and the procedures that employees must follow to ensure a safe workplace. A well-written safety policy should be clear, concise, and easy to understand. It should also be specific, outlining the specific hazards that employees may...

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When should I review my business insurance coverage

You should review your business insurance coverage at least once a year. This will help you ensure that your coverage is still adequate to protect your business from the risks it faces. There are a number of things that can change in your business over the course of a year,...

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