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Category: Business Insurance

How Safe Is Your Parking Lot?

Businesses can be held liable for injuries that occur on their premises, and that includes parking lots. Depending on the type of business you have, the parking lot may be the most dangerous area on your property. If your parking lot is not owned and managed by a third party and is therefore your responsibility, discuss parking lot safety with your business lawyer and business...

Rental Property Myths Debunked

Although landlord-tenant laws vary from state to state, common myths about rental properties are in circulation nationwide. The following are some widely-held beliefs about renting and why they may not be as true as you think. The Security Deposit Covers the Last Month's Rent Although the security deposit may equal a month's rent, it is not earmarked for that purpose. The last month's rent and...

Insuring Your Business

For years now, experts have predicted that the brick-and-mortar store was going the way of the dinosaur thanks to the advent of online shopping.  However, according to a recent study by Accenture, the traditional retail store is experiencing a renaissance, particularly among Millennials and Generation Z.  Seventy-seven percent of that demographic polled said they preferred shopping in a regular store versus online.  For all the...

Understanding Your BOP

A business owners policy (BOP) combines protection from all major business property and liability risks in one convenient package. Package policies are created for small and mid-sized businesses that face the same type and degree of risk. A policy that combines property and business liability insurance can cover your business for claims resulting from fire, theft, and other covered disasters, as well as for claims...

A Whole Lotta Shaking Going On

When one thinks of Tennessee, certain things usually jump to the forefront:  Elvis Presley, country music, Christian music, the Bible Belt, and barbecue, to name a few.  However, a less commonly known claim to fame is the state’s history of earthquakes. That’s right.  Earthquakes. August 17 will mark the 153rd anniversary of one of the worst earthquakes in our state’s history.  Part of a succession...