COVID-19 has impacted business in multiple ways, from shutdowns to social distancing to remodeling. Many industries have been forced to lay off thousands of workers due to revenue losses and increasing debt. An essential key to survival will be business interruption insurance that covers these...
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The COVID-19 outbreak has changed the way people do business, interact with others, and live their daily lives. The job market is slowly recovering after seeing record unemployment numbers. Here are some examples of business changes during COVID-19. New Ways of Working The digital acceleration that the...
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Umbrella insurance offers protection beyond the coverage limits of your other existing policies, like homeowners insurance or auto insurance. Typically, the additional claims covered by an umbrella policy include injuries, property damage, specific lawsuits, and personal liability situations. Remember, umbrella insurance does not cover professional liability...
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The role of an insurance agency is to protect or cover your losses in case of accidents or unexpected disasters. The insurance coverage limit refers to the maximum amount your insurer will pay for a single incident or claim. The greater the threshold, the higher...
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Insurance is the most critical aspect to secure your business, as it covers the cost associated with liability claims and property damage. Business insurance not only provides financial assistance but also helps in protecting your business image. However, due to the coronavirus outbreak, several companies are...
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Protect your business from these common risks. As a business owner, you know that your company is subject to certain risks. However, some threats are more common than others. While having the right commercial insurance in place will help you deal with your exposures, there are...
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Suggestions for starting your own business. International Women's Day is coming up on March 8th. This day recognizes and celebrates the meaningful accomplishments of women throughout history. Ready to make a name for yourself in the world of business? Then here are some tips for aspiring...
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Avoid making these workers comp mistakes. As a small business owner, you are responsible for securing workers compensation insurance to protect your staff. Unfortunately, this form of coverage can be very confusing, and many business owners make mistakes when securing and managing their policies. Here are...
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Leaving your business understaffed exposes you to serious risks. When you think about the risks that your business faces, you probably think about things like employee injuries, theft, and liability issues. However, you may overlook other common threats, such as leaving your business understaffed. Here's why...
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Avoid these missteps when filing an insurance claim for your business. If your business has sustained damage, been burglarized, or hit with a liability suit, then you need to file a claim with your commercial insurance provider. When filing a claim, it's important that you avoid...
Continue ReadingAt RMS and associated firms, business continues as usual. Our staff is remote-capable and available to handle all partners, brokers, and insureds at the present time. Contact us today!Executive Order for Policyholder Payments