NYC Business Group Insurance Blog

Tuesday, May 03, 2022 | NYC Business Group

What Type of Insurance is Suitable for a Retailer?

Owning a business entails many responsibilities, such as providing high-quality products to each customer and exceptional customer service. But, what do you do when there is an injury or damage? For a brick-and-mortar retail store, maintaining adequate insurance coverage is critical. Most importantly, understanding the differences between policy options will assist you in deciding what type of retail insurance you require. As a brick-and-mortar retailer, you must meet specific requirements. But…

Thursday, April 28, 2022 | NYC Business Group

Questions to Ask Before Buying Business Insurance.

When you are busy running a business, having business insurance can slip your mind. Whether it is a small business or opening a new one, having an insurance policy is crucial for your business. An insurance policy is the best way one can protect their business from risks. As a business owner, you cannot foresee any risks affecting your business. For this reason, it is essential to find the best policy for your business. When looking for insurance cover, you can ask a few questions…

Tuesday, April 26, 2022 | NYC Business Group

Additional Insured Vs. Loss Payee: What’s The Difference?

Running a business and managing your team can be a lot to handle as a business owner. In addition to all the responsibilities, you must ensure that you protect your business from claims. Insurance terminologies can confuse you if you are unfamiliar with the insurance industry. And while an insurance agent might help you get a good policy, you need to understand some of the terms on your own. Most businesses often partner with other companies to achieve their desired goals. These other…

Thursday, April 21, 2022 | NYC Business Group

6 Business Insurance Policies You Need as A Consultant

Consultancy is one of the most rewarding businesses you can ever run, thanks to the freedom and independence it brings. However, like any other business, a consulting business also faces various risks that may jeopardize finances and operations. Such risks include, among others, lawsuits, bodily injuries, professional errors, and data breaches. To protect your business from such risks, ensure you purchase the following insurance policies.

Tuesday, April 19, 2022 | NYC Business Group

What is the difference between Actual Cash Value and Replacement Cost for Business Insurance?

If you consider commercial property insurance, it is crucial to understand the main differences between replacement cost coverage and actual cash value coverage. When the claim entails repairing or replacing damaged property, you can have two coverage types depending on your policy limit for small business insurance. The coverage can either be: The total of replacing damaged property The total value of what was damaged during the accident

NYCBG Insurance Blog

What Type of Insurance is Suitable for a Retailer?

Questions to Ask Before Buying Business Insurance.

Additional Insured Vs. Loss Payee: What’s The Difference?

6 Business Insurance Policies You Need as A Consultant

What is the difference between Actual Cash Value and Replacement Cost for Business Insurance?

LOOKING FOR AFFORDABLE INSURANCE?

Get Insurance with US and Save Up To 20%!