Cyber Liability Insurance – Four Good Reasons Why Your Company Should Purchase It

Cyber Liability Insurance is not only for the large companies. In fact, all businesses, even the new and small ones should have this type of insurance. If you’re a business owner, Cyber Liability Insurance makes a big difference between keeping your business and closing your business after a cyber-attack.

Imagine what happens if your business is attacked by an experienced hacker. The hacker has all the chances to access the site’s vital details like customers’ information as well as contact information, not excluding the social security numbers. Even worse, your website can be disabled resulting to bigger problems like the inability to take consumers’ orders and to receive payments.

With all these threats that await your business, wouldn’t it be good to buy your Cyber Liability Insurance as early as possible?

Cyber Liability Insurance

It’s not true that Cyber Liability Insurance is only for the big corporations.  Regular premium is affordable and it makes sense for your company to use it—regardless of the type and size of your business.  Let’s find out the reasons why it’s worth buying Cyber Liability Insurance.

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Top 5 Insurance Policies Each Person Should Buy

In terms of purchasing insurance, there are different options available on the market that you might be interested in. Getting covered in insurance is very important; however, the coverage you have may also be too much for you.  Excessive insurance payment takes money away from the other areas in your life like retirement savings and emergency funds.

When we speak about insurance, there are 5 most common types of insurance everyone must take. These are the following:

Health Insurance

Health insurance is undoubtedly the top among the different types of insurance. Always consider the following essential factors when looking for health insurance.

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Are You Fully Covered? Things to Know about Florida’s Uninsured Motorist Insurance

If you have heard this once, then others may have heard it a hundred times: “I’m fully covered.”  Being fully covered has various meanings to different people.  In cases like automobile collision that results to personal injury, your coverage is not complete, provided you have uninsured motorist coverage.

In Florida State (on the subject of personal injury claims), drivers are only allowed to carry no-fault insurance or Personal Injury Protection (PIP). Personal Injury Protection is a type of insurance coverage supplied by your insurance provider.  It is designed to pay for any lost wages (for few cases) and your own medical costs.

The law in Florida requires coverage that amounts to $10,000 dollars. It simply means, you can drive your car down the road and if a third-party driver hits your own car (causing you some bodily injuries), then you come up with medical bills and permanent injuries in excess of $100,000. Florida is required by law to have all drivers the right coverage from their insurance provider—to pay for the medical cost up to $10,000 (irrespective of who is at fault).

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Important Business Insurance that Manages Risks

Does your business have the proper business coverage insurance?  Think about what will happen if one of your employees has damaged accidentally a customer’s equipment.

Operating a business has all the possible risks.  Each company should have the right insurance to secure its assets if someone makes a claim or if there are damaged properties.  Many companies in Florida get sued each day because of accidents they cause.  It is important to ensure that your company is covered by essential business insurance.

General Liability Insurance

Commercial or general liability insurance protects your business against claims of property damage, bodily injury and related medical costs. Most general liability policies cover slander or libel claims as well as a published report, document or advertisement that damaged a particular business or person.

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Florida Boat and Watercraft Insurance

Florida Boat and Watercraft Insurance

Make your time on the water more hassle-free and relaxing by having your Florida Boat and Watercraft Insurance. There are a few coverage options that give security to you, your family members, friends, your watercraft or your boat.  A standard boat can be insured for less than $1 dollar a day, so your peace of mind remains as you enjoy being on the water.  It takes away the amount of worries you might have for yourself and for the people on board your watercraft or boat.

The coverage for Florida Boat and Watercraft Insurance will determine the amount of claims to match your specific needs.

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Required Business Insurance for New Entrepreneurs

Required Business Insurance for New EntrepreneursAny new entrepreneur faces plenty of challenges. These challenges include  identifying the correct market for the product or service, the pricing, and how to promote the product. You also need to look for a property to house your company, business permits and other documents required by the state.

One of the most important elements that every entrepreneur should have before launching a business is insurance. What type of insurance should you get? Read on to know the different types of insurance to get your business started.

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Uber Insurance Requisites – Florida Senate Is Looking for Stronger Requisites

Uber Car Insurance Requisites

The Senate & House have different ways in considering stronger Uber Car Insurance Requisites for the services on technology-based rideshare.

While limo and taxi services require more stringent regulations on increasing companies that operate transportation network, the Senate has enlarged the SB 1298 (insurance procedures) in taking the requirement for the 24-hour coverage on cars and vehicles with app-connected rideshare drivers.

This requirement will take effect once the driver has been employed and working in the company for at least 6 months. This proposal is not included in HB17 House companion bill which awaits a floor vote.

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Florida’s Advances on Teacher Liability Insurance

Florida’s Advances on Teacher Liability Insurance

A proposal which requires Florida in giving teacher liability insurance to public educators has acquired a huge support, in spite of the opposition from the biggest teachers union of the state.

The suggestion would request the Department of Education to manage a program for liability insurance protecting public educators from the liability originating from on-the-job incident.  Also, it would give 2 million dollars as coverage to the teachers—as the full-time instructional personnel.   The language tucked through the House education budget will also require the Department of Education of the estate to administer the liability insurance program.

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