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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss. If you suffer a loss and your coverage doesn’t reflect your property’s true value, you may be left paying out of pocket.

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Cybersecurity in Focus: Lessons from National Cybersecurity Awareness Month

Cowbell

Department of Homeland Security and the National Cyber Security Alliance, NCSAM promotes best practices and provides resources to help individuals and businesses stay protected in an increasingly digital world. The post Cybersecurity in Focus: Lessons from National Cybersecurity Awareness Month appeared first on Cowbell Cyber.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident. Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches.

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Business Owner’s Policy for Restaurants

Distinguished

To stay resilient, restaurant owners need insurance that helps them recover quickly and mitigate financial losses when something goes wrong. Business income coverage replaces lost revenue and covers ongoing expenses and loss of income during eligible closures.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents. Cyber Liability Insurance In today’s digital age, cyber threats are a significant concern for businesses of all sizes.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Myth 3: You Don’t Need Cyber Insurance Unless You’re A Tech Company It might seem logical to assume that if you’re not operating within the tech industry, cyber threats are not a significant concern. Understanding these specific terms and conditions is critical for effectively leveraging this insurance.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.