While your general farm insurance policy gives you some livestock coverage, this has its restrictions. Your livestock may just have general coverage for injury or death. This may not give you complete protection.
Problem is, some of your animals are more valuable than others. For example, your bull is the breeding pivot of your herd. It has a higher financial value and is more of an asset than the rest of your cattle.
As a small business owner, it is hard to imagine your employees stealing from you. In fact, most entrepreneurs treat their workers like family, and looking at one of them with suspicion can elicit guilt. Unfortunately, instances of employees stealing from businesses are not uncommon. If you run a small business, the losses incurred after a theft incident can significantly affect business operations or even lead to bankruptcy.
Fidelity and crime coverage
If you run a civil contracting company, bumping into accidents or issues can be inevitable. To ensure your business and your personal finances are well protected, you need a few insurance policies in place. Wondering what you need? Well, it varies based on your unique situation, but here are some essential policies to consider.
1. Worker's Compensation
Contracting work can be dangerous. Bricks may fall on your worker's heads, your employees may get hurt by machinery or other accidents may happen.
Workers compensation is a type of medical coverage that helps to pay for treatment, prescriptions, and time off work due to a work-related injury or illness. However, there are some stipulations about what is and isn't covered under workers compensation. Here are some questions to ask yourself when figuring out if your injury might be covered.
Is the Injury or Illness Mental or Physical?
With a work-related injury or illness, it is more easily covered if it is a physical injury, but that doesn't mean mental issues related to your job aren't covered.
Are you paying more than you need to for car insurance? In these times of economic strife, many people do not shop around for cheap car insurance, and most businesses renew their insurance policies automatically rather than comparing quotes and trying to find cheap van or fleet insurance.
So, as insurance premiums continue to accelerate faster than a Bugatti Veyron, it may pay to check out these nine steps to finding cheap car insurance.