As our world has grown more interconnected digitally over the internet, the reports of cyber crimes have increased.
Cybercrime can range from the theft of sensitive information to fraud, hacking, and more. A security breach could result in lost data, compromised customer accounts, and even stolen money.
It’s more important than ever for small businesses to take the necessary steps to protect their business and customers. One way to do this is by investing in cyber liability insurance coverage.
Employment Practices Liability Insurance (EPLI) is crucial for Georgia businesses as it provides protection against the various risks and potential legal consequences associated with employment-related claims. Businesses in Georgia face the ever-present risk of claims such as wrongful termination, sexual harassment, and discrimination, which can have severe financial and reputational implications.
We continue exploring Georgia business (commercial) insurance coverage.
Georgia business owners, you know having your business run like a well-oiled machine is a challenge on the best day.
What about when things go absolutely wrong and the liability (or responsibility to make right) falls on you as the business owner?
We've started to explore business insurance policies for Georgia business owners, with a look at coverage for property damage last time.
Today we continue exploring another facet, business interruption insurance.
Business insurance, also known as commercial insurance, is a crucial aspect of running a successful business. It provides financial protection and peace of mind to business owners by covering various risks and liabilities that may arise during business operations.
A comprehensive business insurance policy typically includes coverage for property damage, bodily injury, professional liability, advertising injury, and more. In the state of Georgia, business insurance is not legally required, but it is highly recommended to protect your business assets and mitigate any potential financial losses.
Georgia is a great state to live in for a variety of reasons. It has a mild climate, plenty of outdoor activities, and a strong economy. The Loganville area is a particularly nice place to live, with a small-town feel and easy access to Atlanta.
Business interruption insurance is a type of insurance that can provide financial protection to businesses in the event of an unexpected disruption to their operations, such as a natural disaster, fire, or other catastrophic event. This coverage can help businesses cover their expenses and maintain their operations while they work to recover from the interruption.
In Georgia, the state law requires that a business with three or more employees needs to provide Workers' Compensation in the event of an injury.
However, even if you have fewer than 3 employees, it is still recommended to get coverage. You can't predict when an on-the-job injury will happen, and not having protection could be setting yourself up for big trouble.
There are many reasons why every business owner should seriously consider buying worker's compensation insurance in Georgia.