How Does Workers’ Compensation and Group Health Insurance Differ?

| NYC Business Group

How Does Workers’ Compensation and Group Health Insurance Differ?

When it comes to protecting employees, it is crucial for business owners to know the difference between workers' compensation and Group health insurance. Although the two forms of coverage have some similarities, there are key differences, especially in how they work and are regulated. Let us look at their differences and how they can protect your workers and your business:

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10 Areas Not Protected by Most Homeowner’s Policies

| NYC Business Group

10 Areas Not Protected by Most Homeowner’s Policies

After taking out your homeowners’ insurance policy on your house, you may think that you have all the protection against damages. But that is not the case. Unfortunately, insurance providers do not cover certain areas. While it is important to have a homeowner's policy, it is good that one understands what is covered and what is not.  Under the homeowner’s insurance policy, the insurance provider will cover the following areas:

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5 Things to Consider When Buying a New York Restaurant Insurance

| NYC Business Group

5 Things to Consider When Buying a New York Restaurant Insurance

Whether you’re a local diner in New York serving breakfast and lunch, deli, pizzeria, local bar, or a full-service restaurant, it is crucial to know that your restaurant business faces numerous risk exposures. From a break-in to slip and fall and food spoilage, these risk exposures can affect your restaurant business financially.  It is impossible to prevent some of these risks from happening. Restaurant owners in New York are advised to prepare beforehand and protect their business with…

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Do Online Businesses Need Insurance?

| NYC Business Group

Do Online Businesses Need Insurance?

Every business needs the right insurance coverage for protection from theft, vandalism, and lawsuits. The type of business insurance required depends on the nature of your business operations.  For instance, while a towing company may require on-hook towing insurance, a law firm will benefit more from professional liability insurance. This raises the question of whether or not business owners operating their businesses online require coverage. Read on to get insights on general insurance…

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