Best Cheap Insurance Quotes

Workers’ compensation is a mandatory form of business insurance. Employers are required to pay premiums either into a state fund or through a private insurer. Workers’ compensation coverage extends to injured employees – it is a bargain of sorts. Employees give up a right to sue employers for injuries on the job in return for a compensation system supported by employer premium payments.

Each system differs from state to state. Some are well-funded, well-managed, state systems. Some statutory schemes have failed. But, however the system exists in a particular state, most employers have required premiums to pay.

One of the most valuable tools that a business can use is to sit down with a trained business insurance professional and undergo a business insurance audit.

Many insurance brokers and agents will conduct such an audit for low or no cost. For example, a New Jersey independent agency Donnelly & Sproul, Inc., offer a “complimentary business insurance audit.” In a recent press release they discussed saving a small business $1500 in annual premiums. “While it may not seem like a huge figure, if those funds were invested by a company over the course of 20 years (with only a 6% return) the company would have slightly more than $57,000 of capital.”

There is a great article written by Dave Chase at www.seattlepi.com today. Mr. Chase discusses Do-it-Yourself healthcare reform. A well-written, intelligent article with solid points for us small business owners to explore.

Generally, Mr. Chase points out that prevention and risk management (wellness programs) in conjunction with high deductible plans insuring for the “rare events” is a much more sustainable model than this country’s current healthcare model.

Upbeat, well-linked, I enjoyed the article and encourage all start-ups and small business owners to read it.

Living with nature is great. Beautiful scenery, wildlife, fresh air and tranquility. But, there is a heightened risk of fire in heavily forested areas. Each year, wildfires destroy homes and businesses in the “wildland-urban-interface.”

Preparation and risk management is the key to protecting your business from wildfires. To help teach homeowners and businesses how to protect their property, the International Association of Fire Chiefs (IAFC), the Insurance Institute for Business & Home Safety (IBHS), and other partners are launching a new, national loss prevention program called “Ready, Set, Go!” at www.wildlandfirersg.org.