Business Insurance

Your business is unique and you face your own specific risks and dangers, but we can help make sure you’re protected. Every business needs a business insurance policy that’s customized specifically for its needs. At InsuranceHub, we believe in creating a policy that’s built with your business in mind. We know that insurance can get complicated. So, one of our goals is to make the process as easy as possible.

We want to be more than just an insurance company to you. Whether you need a business owner’s policy, general liability, or property insurance, InsuranceHub is here to help. Each of these types of coverages does something different, but we’ll help you figure out which ones are right for you. You’ve worked really hard to build your business, so let us help you protect it.

Professionals often need some form of errors and omissions insurance.

Does my business need errors and omissions insurance?

June 6, 2021March 28, 2018 by Katelyn Betts

When you run a business that offers services or advice to clients, one of your greatest fears might be giving the wrong advice or your help not being very helpful (or even harmful.) We’re all human, and we all make mistakes. But what if your business makes a mistake that costs your client money? Who’s going to pay for it? Your client could hold you responsible, and what’s more, they might sue. And lawsuits are expensive. So, what’s a business owner to do to protect themselves?

Well, we’ve got some good news: there’s a type of insurance for that. It’s called errors and omissions insurance (also called E&O.) We’ll explain what E&O insurance is, who needs it, and how it works.

Equipment breakdown insurance can help your business if your machinery fails.

What is equipment breakdown insurance and does my business need it?

June 6, 2021March 21, 2018 by Katelyn Betts

When you run a business, every day can be an adventure. Which can be exciting…but also stressful. At any rate, your business probably relies on lots of machines and equipment (and, you know, electricity) to keep running. But what would happen if one of those important machines – maybe a piece of equipment like a refrigerator or your air conditioning unit – went kaput and broke? It would probably be the stuff of nightmares.

But not to fear – we have the solution.

Equipment breakdown insurance can help your business survive a mechanical failure. We’ll explain what it is and what it covers – and we’ll even throw in some fun facts on the way.

There are many factors that affect the cost of business insurance.

What determines the cost of business insurance for my company?

June 6, 2021March 14, 2018 by Katelyn Betts

Business insurance can get expensive. If you own a business (or you’re thinking about starting a business) you’re probably wondering how much business insurance costs. However, that question is not easily answered because every business is unique. They all require different types and amounts of insurance, so the cost of business insurance varies.

We would be happy to quote your business to get you an accurate idea of what your premium will be, but in the meantime, we’ve come up with a list of ten things that affect the cost of business insurance.

Prevent rear-end collisions by improving safety at your tow truck business.

How to prevent rear-end collisions and save on tow truck insurance

July 4, 2021March 7, 2018 by Katelyn Betts

We’ve all passed accidents on the side of the road where a car has rear-ended the car in front of them. Smooshed hood, squashed back bumper. But if you’re driving a tow truck, rear-end collisions are often pretty serious.

And rear-end collisions also have had a major effect on tow truck insurance rates.

Why?

We’ll explain the prevalence of rear-end accidents, why they can affect the price of tow truck insurance, and steps you and your drivers can take to prevent rear-end collisions.

To start, we’re going to look at some numbers.

Getting a business insurance package policy can help you save on your insurance.

What’s a package policy? (Hint: You can save on business insurance)

June 6, 2021February 28, 2018 by Katelyn Betts

If you’re like a lot of business owners out there, you’re probably worried about the cost of business insurance. And we don’t blame you – insuring a business, even a small one, can get pricey quickly.

But don’t worry:

We’re going to explain how you can save money on business insurance. We’ll tell you what a commercial package policy is and what a BOP is. We’ll outline some of the benefits of getting this type of insurance (we already mentioned one perk in the title of this article.)

So. Without further ado, let’s get started.

Business interruption insurance can help your business if you have to close temporarily.

What is business interruption insurance (and does my business need it?)

June 6, 2021February 21, 2018 by Katelyn Betts

Most business owners would probably agree that a major worry is having to close the doors temporarily due to a fire or another loss. Experiencing a business interruption throws everything into chaos. Of course, you have property insurance to help you get back on your feet and cover the expenses of repairs or rebuilding.

But here’s the kicker:

Property insurance will most likely not cover moving to a temporary location if you have to close for a short time. What’s more, property insurance also probably won’t reimburse you for the income you lost while you were closed.

However, there’s good news:

Business interruption insurance (or business income insurance) can help your business weather a loss that forces you to close your doors, such as a fire, vandalism, natural disasters, and equipment damage. While it’s often forgotten and neglected, business interruption is a very valuable type of coverage.

Let’s see what it’s all about.

Crime coverage can help protect your business against employee theft.

How crime coverage can protect your business from employee theft

June 25, 2021February 14, 2018 by Katelyn Betts

While it’s important to trust your employees and foster positive relations with the people you work with, it’s also important to be aware of the risk of fraud and protect your business against employee theft. There are steps you can take around your premises to prevent employee fraud, but another way to protect your business from this very common occurrence is to consider crime coverage for your business. We’ll explain how crime insurance can help your business if you ever experience employee theft.

Physical damage coverage is important when it comes to protecting your towing business.

What is physical damage coverage and does my tow truck business need it?

July 4, 2021February 7, 2018 by Katelyn Betts

Sometimes we run into bad luck. Running a tow truck business, you know that anything can happen – you face a lot of risks, and sometimes those risks catch up with you. Tow truck insurance exists to help your business out of tight spots and protect your towing operation, but there are a lot of coverages out there that you ought to consider before being satisfied that your business is protected from anything the road can throw at you (or any trees that could fall on your tow trucks – we’ll explain in a second.) One of those coverages is physical damage coverage. We’ll explain what physical damage coverage is and how it can protect your business.

It's important to take steps to prevent truck rollovers.

7 tips for preventing truck rollovers and avoiding accidents

August 10, 2022January 31, 2018 by Katelyn Betts

We’ve all seen news reports about trucks – tractor-trailers, especially – rolling over and causing car accidents, injuries, and even fatalities. Rollovers can happen all-too-easily, and it’s important to be aware of how you can prevent them and what raises your risk of having a rollover. By doing so, you keep yourself safer when you’re behind the wheel and lower your chances of having a crash that could injure you and other people. Avoiding crashes can also help you lower your truck insurance rates, whether it’s tow truck insurance, car hauler insurance, hot shot insurance, or flatbed truck insurance. We’ll go over some potential causes of rollovers and give you some tips for preventing them.

Speeding can have a negative effect on your tow truck insurance rates.

The consequences of speeding for tow truck drivers

July 4, 2021January 24, 2018 by Katelyn Betts

As a tow truck driver, there’s a lot of pressure to hustle on the job so you can haul as many cars as possible. You don’t want the customer to have to wait a long time for you, and when you finally get to the car that needs to be towed you may feel the need to get the car to where it has to go as soon as possible. There may even be the temptation to speed and push the speed limit. However, speeding comes with a lot of risks. It can cause car accidents and can even have a negative effect on your tow truck insurance rates. We’ll go over the dangers of speeding.