NYC Business Group Insurance Blog

Thursday, August 18, 2022 | NYC Business Group

5 Types of Insurance Policies You Should Consider When Starting a Business

Have you recently started a business? If so, you realize that self-employment comes with responsibilities. One of the things new business owners should know about is insurance. You expose yourself to certain risks from the day you start a business. Insurance policies protect you and your business from financial losses and lawsuits from unforeseen incidents. Moreover, insurance cover is a legal requirement when starting some businesses. Here are five types of insurance policies a business must…

Tuesday, August 16, 2022 | NYC Business Group

How Errors and Omissions Insurance Can Protect Real Estate Agents

Real estate agents, brokers, appraisers, and other real estate professionals are involved in high-cost deals. Therefore, they are exposed to unique risks that could affect their reputation and source of income. Fortunately, errors and omissions insurance, also known as professional liability insurance, can provide much-needed protection when facing legal action.

Thursday, August 11, 2022 | NYC Business Group

Business Insurance Terms Every Entrepreneur Should Know and Understand

Purchasing business insurance can be challenging if you do not know or understand certain terms. Basic knowledge and understanding of various insurance terms can help you ask the right questions and shop around for the right policy that will protect your business. Here are six business insurance terms you should know:

Tuesday, August 09, 2022 | NYC Business Group

What is Condo Insurance, and How Does it Work?

Condo owners do not own the land or the building but buying the right condo insurance for the unit or personal belongings is essential. The condo owner purchases a condo insurance policy if they need to repair the unit or if their belongings are stolen or damaged.

Thursday, August 04, 2022 | NYC Business Group

Commercial Umbrella Insurance 101

All business owners protect their businesses from accidents and losses arising from said accidents using insurance covers. The insurance should be solid, affordable plans with broad coverage. However, accidents happen, and sometimes they exceed your insurance coverage. Alternatively, your current insurance cover could exclude the cost of settling a specific. In that case, you may be facing some crippling losses that could result in you closing your doors. If you want to avoid such severe…

NYCBG Insurance Blog

5 Types of Insurance Policies You Should Consider When Starting a Business

How Errors and Omissions Insurance Can Protect Real Estate Agents

Business Insurance Terms Every Entrepreneur Should Know and Understand

What is Condo Insurance, and How Does it Work?

Commercial Umbrella Insurance 101

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