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Showing posts from August, 2017

Why You Should Have an Open Cargo Insurance Policy?

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Cargo Insurance is a type of insurance which covers damage or loss to the cargo when it is being transported by land, sea or air. This is very important for companies involved in trading of goods and also for companies involved in logistics that transport the goods to different parts of the country. Companies involved in import and export of goods depend a lot on this insurance policy as the goods are in great volume and great value too. There are two types of cargos, domestic cargo and international cargo both the cargos need insurance policy. There are two types of insurance coverages, land cargo insurance which is transported by land and marine cargo insurance which is transported by sea.  What is Open Cargo Insurance Policy? When cargo is transported the insurance holder opts for coverage of large number of consignments which is known as open  Cargo Insurance  policy. This policy is divided into two renewable policy and permanent policy. Renewal policy is a...

What to Expect Through Your Tractor Trailer Insurance Company

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Are you looking for Truck Tractor Insurance ?  Trucks and tractors are used in different businesses and most often they are used in transporting goods from one place to another. There are a few insurance companies that can help with the insurance so that your tractor and trailer are covered and you do not suffer any loss due to accident. An insurance agent in the area is the best choice to help with the right insurance for tractor trailer so that it is well protected against all odds. Commercial auto insurance covers different situations which differ from one insurance company to another. An agent can help you get a customized policy to suit your business needs. How Does Tractor Trailer Insurance Work? Tractors and trailers are used in a variety of businesses.  The basic purpose is to transport goods from one place to another. It is best to have them well covered by tractor trailer insurance company so that there is no financial loss if they meet with an acci...

Commercial Property Insurance

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Commercial Property Insurance covers everything related to the loss and damage of company property due to a wide-variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism. The definition of "property" is broad, and includes lost income, business interruption, buildings, computers, company papers and money. Property insurance policies come in two basic forms: ·          All-risk policies covering a wide-range of incidents and perils except those noted in the policy; ·          Peril-specific policies that cover losses from only those perils listed in the policy. Examples of peril-specific policies include fire, flood, crime and business interruption insurance. All-risk policies generally cover risks faced by the average small business, while peril-specific policies are usually purchased when there is high risk of peril in a certain area. Consult your insurance ...

General Liability Insurance

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General Liability Insurance - helps protect your business from property damage claims, bodily injury claims, and/or personal and advertising injury claims that could put your business’s assets at risk. For example, General liability insurance helps protect you and your business in the event of the following:   A customer slips and injures himself in your store. The injuries result in costly medical bills and maybe even a lawsuit. While on the job, you accidentally damage a customer’s property and the repairs are costly. Should a claim like one of these be made against your business, then your commercial general liability insurance policy may help pay for the damages. What does Commercial General Liability Insurance cover? Commercial General Liability Insurance offers some of the broadest business insurance coverage available today. It can be included in a Business Owner’s Policy and is available as stand-alone coverage. Here are a few o...