Category: Commercial Insurance

How Safe Is Your Parking Lot?

Businesses can be held liable for injuries that occur on the premises, and that includes parking lots. Depending on the type of business you have, the parking lot may be the most dangerous area on your property. If your parking lot is not owned and managed by a third party and is therefore your responsibility, discuss parking lot safety with your business lawyer and business... Read Article

4 in 10 Businesses Have Filed a Cyber Insurance Claim: Survey

Many businesses purchase insurance policies hoping they never have to use them. Unfortunately, that hasn't been the case with cybersecurity insurance. A recent Wells Fargo survey of 100 U.S. middle-market and large companies found that 85 percent say they have purchased cyber and data privacy insurance, while 44 percent have already filed a claim as a result of a breach. The report didn’t look into... Read Article

Prepare Your Office for the Summer Heat

Working in a hot office all day can affect employee morale and productivity. It makes sense for business owners to prepare in advance for scorching summer days. The following tips can help you beat the heat and create a more comfortable office environment. Make Sure Your HVAC System is in Top Running Order When temperatures are climbing, an efficiently running HVAC system can make all... Read Article

Make Sure to Insure All Aspects of Your Business

The minute you start a business, you are immediately exposed to certain risks. The importance of having the right business insurance cannot be overstated. Our knowledgeable agents at 5Boroughs Insurance Agency in Staten Island, New York can help you fully assess your business insurance needs and find the right coverage at the best available rates. Types of Business Insurance Businesses today have a wide range... Read Article

What Is Bonding & Liability Insurance?

Surety bonds ensure that a project is completed as agreed Small business owners that want insurance for mistakes, accidents or work stoppage problems that can occur during the course of operations have a variety of types of coverage to consider. Surety bonds ensure that a project will be finished and are widely used in the construction industry. Liability insurance covers damage, injuries and other problems... Read Article