Workers' compensation insurance, often referred to as workers' comp, is a type of insurance that provides coverage for employees who suffer work-related injuries or illnesses. It is designed to protect both employers and employees by offering financial assistance and...

Workers' compensation insurance is typically required for any business that has employees. The specific rules and regulations regarding workers' compensation insurance vary by jurisdiction, but in general, you should consider obtaining coverage under the following...

Wind insurance, also known as windstorm insurance, typically covers damage caused by strong wind events, such as hurricanes, tornadoes, and other storms with high winds. The specific coverage provided by wind insurance can vary based on the policy and the insurance...

Liability insurance is a type of insurance coverage that provides protection against financial loss resulting from legal claims or lawsuits. It is designed to cover the policyholder's legal obligations when they are found responsible for causing injury or property...

Small businesses should consider obtaining liability insurance as soon as they begin operations. It is better to obtain insurance before exposure to potential risks that could lead to lawsuits or financial losses. Liability insurance protects businesses from various...

There is one primary difference between a replacement cost (RCV) insurance policy and an actual cash value (ACV) insurance policy. This difference is how they calculate the value of covered losses, particularly when it comes to property damage. Here's an overview of...

The decision to switch from an HO3 (Homeowners 3) policy to a DP3 (Dwelling Property 3) policy depends on various factors and changes in the property's use. Here are some situations where an insured might consider transitioning from an HO3 policy to a DP3 policy:...

There are several types of homeowners insurance policies, each designed to meet different needs and provide varying levels of coverage. Here are some common types: HO-1 (Basic Form): •Provides basic coverage for named perils such as fire, lightning, windstorms, hail,...

This article discusses when clients require DP3 versus HO3 policies. We'll also discuss HO forms and why clients choose them. DP3. VERSUS HO3 POLICY A homeowner's insurance (HO-3) policy protects your home, belongings, and liability. HO-3 policies typically cover...

Can you name the types of animals and or dogs that aren't covered by standard homeowner's policies? How come they are omitted? In this article, we'll address these concerns and more. Many pet owners wonder if their homeowner's insurance will pay for medical expenses...