NYC Business Group Insurance Blog

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

Wednesday, April 13, 2022 | NYC Business Group

Insurance Questions Most Often Asked

Taking up a personal insurance policy can be confounding. You need to consider the different types of insurance policies in the market and choose the one that best suits you. It could be insurance for your vehicle, home or business. Either way, there are many questions revolving around insurance covers. To help decipher the complex world of insurance, we try to answer some of the most frequently asked questions about insurance.

NYCBG Insurance Blog

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?

Insurance Questions Most Often Asked

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