Desmond Insurance Blog
A commercial package policy (CPP) is for businesses that want to have a flexible approach to getting insurance coverage. It is designed to allow enterprises to pay out lower premiums than paying for another set of policies for a different type of risk.
Auto insurance is a requirement in many states to protect drivers from accidents and cover reparations involving the car. Even businesses that use vehicles should have commercial auto insurance. However, applicable laws are different when it comes to car insurance.
Most car insurance policies are priced according to the budget and references of the policyholder. Getting auto insurance saves the parties involved from financial expenses.
Business size should be considered when buying a business insurance policy because insurance companies are depending on knowing the scale and type of business to provide appropriate coverage. There are many business insurance coverages present, but they are usually curated to fit a certain business.
Large businesses, being huge in scale, are more likely to face big incidents or dangers in the company. There are already many risks in having a huge and complex business, which is why most large companies have risk management to minimize costs and damages. The team is also responsible for getting insurance and managing claims.
A commercial property insurance policy is reliable enough to handle direct loss to a business’s structures, equipment and related property. However, what happens when weather conditions turn mean and cause indirect damage by knocking out utility services?
Building a home is one of the most significant milestones a person can achieve in his or her lifetime. A house is an expensive asset. There are unexpected incidents that may happen inside or outside the house, such as fire, earthquake, or any form of damage.
These factors make it a good idea for new homeowners to have their homes insured. Home insurance will protect the new house and the finances of the owners.