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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk. This coverage is required in most states.

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The Ultimate Guide to Office Insurance: Protecting Your Business Assets

Protect Commercial Insurance

. – Public Liability Insurance : Protects against claims made by third parties for injuries or damages occurring on your office premises. It covers compensation claims from employees in case of workplace injuries or illnesses. – Employer’s Liability Insurance : Required by law if you employ staff.

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Restaurant Insurance in South Carolina: A Broker’s Guide 

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Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks. Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. This includes common risks like theft or fire damage but also more niche coverages like food spoilage and cyber liability.

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Restaurant Insurance in South Carolina: A Broker’s Guide 

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Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks. Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. This includes common risks like theft or fire damage but also more niche coverages like food spoilage and cyber liability.

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

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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. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

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Hotel Insurance Costs and Coverages for Brokers

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It also includes auto liability coverage for costs related to property damage or injuries caused by a crash. Cyber liability : A policy designed to cover the costs associated with cybercrime and data breaches. In 2022, Disney faced a $100,000 lawsuit after a woman claimed she suffered permanent injuries while using one of their pools.

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

Protect Commercial Insurance

In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business. General Liability Insurance General liability insurance is a fundamental policy that covers your business against claims of bodily injury, property damage, and personal injury.