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Home > Blog > Business > First Insurance Group Blog: business
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First Insurance Group Blog: business

View the latest blog posts from First Insurance Group.

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Friday, December 13, 2024

Comprehensive Business Insurance: Small Business Product Liability Insurance

Comprehensive Business Insurance: Small Business Product Liability Insurance Іf уоu аrе stаrtіng а busіnеss whеrе уоu wіll bе sеllіng оr mаnufасturіng рrоduсts, іt іs іmроrtаnt tо рrоtесt уоursеlf wіth smаll busіnеss рrоduсt lіаbіlіtу іnsurаnсе. Νоt аll smаll busіnеss рrоduсt lіаbіlіtу іnsurаnсе роlісіеs аrе еquаl fоr еvеrу реrsоn, hоwеvеr. READ MORE >>

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Thursday, April 27, 2023

What Factors Influence BOP Costs?

To get essential insurance coverage for your small business, you might find the perfect solution in a business owners policy, also known as a BOP. When you buy a BOP, you will receive several essential pieces of critical insurance coverage in one package. READ MORE >>

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Monday, September 19, 2022

What is Included in a Business Owners Policy?

A business owners policy combines coverages into one comprehensive package for businesses. These coverages typically cover basic dangers that all businesses should prepare for. The three main areas a business owners policy (BOP) covers are: READ MORE >>

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Thursday, August 11, 2022

Does a BOP Cover Theft?

Business owners policies (BOPs) are designed to protect businesses from financial loss and other accidents. This insurance is crucial for small businesses in low risk industries. Unfortunately, BOPs don’t cover everything and it is important to know the restrictions on your policy. READ MORE >>

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Tuesday, November 23, 2021

Is a BOP Right for Your Small Business?

Your business may be eligible if it employs no more than 100 individuals and earns no more than $1 million in annual revenue. This is also a popular choice for home-based business owners. Policies include property and liability coverage, along with your choice of the following options (with additional choices offered by some insurers):  READ MORE >>

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Tuesday, February 23, 2021

What Property Does a BOP Cover?

A business owners policy (BOP) is a commercial insurance policy that combines coverages for small businesses in low-risk industries. Part of this policy covers is commercial property insurance. Commercial property insurance covers most of the physical assets of your business from damages and loss caused by:  READ MORE >>

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Thursday, October 29, 2020

Why Do I Need Surety Bonds in My Business?

All businesses need insurance because of the protection it can provide them. However, they also have a duty to promise their customers that they will do their jobs appropriately. One of the critical pieces of assurance that guarantees that you will provide this coverage (or else, pay up) is a surety bond. READ MORE >>

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Wednesday, June 5, 2019

Do You Need Surety Bonds?

If your business deals in contracts, then clients expect you to do your work correctly. If you fail to do so, then you might have to pay for the client’s losses. Sometimes, your commercial liability insurance can help you do so. However, in other cases, you will have to compensate the clients according to the terms of surety bonds. READ MORE >>

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Wednesday, May 15, 2019

You Damage Your Business Rental Space, Do You Have Coverage?

Not all business owners own the buildings where they operate. Given the cost of commercial real estate, many people opt to rent. But, even that can get expensive. Still, any rental retail space anywhere is a cost to your business. You therefore have to take care of it. What can you do to protect it? READ MORE >>

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Thursday, April 11, 2019

Will Commercial Auto Insurance Cover Stolen Items from a Vehicle?

Your business vehicle is home to a variety of tools you use for the job. These items remain in your truck or car most of the time. One day, you find someone broke into the car. They took your most expensive equipment. Will your commercial auto insurance help cover your losses? It may, in some cases. READ MORE >>

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