small business insurance Archives - Wise Insurance Group

Small Business Insurance

Small business is alive and well! I’m working with three new business owners who’ve decided to go out on their own and know they need business insurance to help protect their dream. The new owners include a therapist, a civil engineer, and a new retail store which will sell mattresses. I can’t imagine three more diverse businesses, but surprisingly, there are common themes about their needs. There are many different types of business insurance, however, most small businesses will benefit from two broad categories – general liability and professional liability.

Professional Liability Insurance

I’m currently working with several small business owners regarding their commercial insurance needs. One of the questions each of them have asked is what commercial insurance do they need to adequately protect themselves and their businesses. The answer is it just depends on the business. Some need general liability, others need business property coverage, and a couple need professional liability or errors and omissions (E&O) coverage.

Commercial Insurance Considerations for Solopreneurs

I started Wise Insurance Group in 2011 during the height of the “Great Recession” when the jobless rate was about 10% and companies were still

Commercial Insurance Basics: Property Coverage

There are two broad areas of coverage in a Business Owner’s Policy or BOP; liability and property coverage. Last week I introduced liability coverage and the types of protection found in many BOP packages. This week we’ll outline the property portion of a BOP and what it’s designed to protect.

Commercial Insurance Basics: Liability Coverage

Starting a business is as much a part of the American Dream as home ownership, maybe more. It’s estimated that 145,000 small businesses start each

Commercial Insurance and Business Operation Continuation Planning

North Texas was hit by an ice storm about two weeks ago. Rain fell and froze then built up on trees and powers lines until weight won out and lines began to snap. The storm led to power loss for over 270,000 people with no numbers reported on the impact to small businesses.

Tag: small business insurance