Volume 3, Issue 7
In the Driver's Seat with Commercial Auto Insurance
Driving is essential in many business sectors and may contribute significantly to employment-related fatalities. At any given moment, trucks may be distributing goods and other deliveries to assigned destinations, sales personnel could be en route to important meetings or presentations, or an employee may run an errand to the local office supply store. Any time an employee gets behind the wheel of a car for work-related reasons, the employer is ultimately responsible for any potential accidents that may occur.
(Read the Full Story)Additional Insured: Naming Names
As a business owner, you may enter into relationships with other businesses, government agencies, and individuals. These relationships may expose you to risk, such as liability caused by another party’s negligence or faulty/hazardous products. “Hold harmless” agreements—provisions where one party assumes liability by indemnifying the first party—are a common way to protect your company against potential liability; however, in many situations, it may be best if you are also covered as an additional insured by an insurance policy owned by that party.
(Read the Full Story)Being Your Own Boss
Running a business out of your home can be a lifestyle shift, particularly if you share your space with family or a roommate. It may not be as easy to leave work at the office when the office is at home. Having a designated office space can help minimize the impact your home-based business has on your family.
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