NYC Business Group Insurance Blog

Thursday, April 20, 2023 | NYC Business Group

Insurance for Resturants

Restaurant owners should protect their businesses by investing in an insurance policy. There are numerous insurance policies and companies to choose from, especially if you don't want to be held liable for damages or injuries to a third party. Typically, restaurants obtain liability and commercial property coverages via business owners' policy (BOP) or a standard package policy. While this is a good investment, it is crucial to protect yourself against other liabilities.

Tuesday, April 18, 2023 | NYC Business Group

Special Event Insurance

Nowadays, most businesses rely on special events like seminars, fairs, and conferences to promote their products and services. It is easier to engage potential customers by hosting a special event. However, when you host a special event, you expose yourself to several risks and variables out of your control. It is crucial to have special event insurance to protect your business from any liability.

Wednesday, April 12, 2023 | NYC Business Group

Essential Hair Salon Insurance Needed By a Hair Business

Starting a salon business is a daunting task because it entails numerous activities ranging from preparing a business plan to buying equipment and other machinery, finding an ideal location, and hiring employees, among others. Besides all that, salon insurance is a substantial investment. For first-timers, it is challenging to determine the types of hair salon insurances to invest in. However, this article will help you determine the ten essential hair salon insurance you need.

Monday, April 10, 2023 | NYC Business Group

What is The Difference Between Equipment Insurance & Equipment Breakdown Insurance?

Business owners must understand that their standard commercial insurance policies do not automatically cover the breakdown or loss of their crucial tools or equipment! Although some policies and insurers might include coverage for the tools and equipment to an extent, the coverage is non-sufficient if used daily, for example, in the construction industry. In such cases, you must purchase separate coverage options, i.e., equipment or equipment breakdown insurance.

Tuesday, April 04, 2023 | NYC Business Group

Who Should be the Named Insured on a Commercial Insurance Policy?

Named insured refers to a person or business listed on an insurance policy. If you are the ‘named insured,’ you choose the policy type, coverage amount, premium notice, and cancelations. Some examples of named insureds include sole proprietorships, corporations, and business partners.

NYCBG Insurance Blog

Insurance for Resturants

Special Event Insurance

Essential Hair Salon Insurance Needed By a Hair Business

What is The Difference Between Equipment Insurance & Equipment Breakdown Insurance?

Who Should be the Named Insured on a Commercial Insurance Policy?

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