How to Protect Employees With the Best Business Insurance

If you’re a business owner, you know how important it is to take care of your workforce. If you take care of your employees, then they’ll take care of you right back. It’s a relationship that relies on trust and works from both sides. You already do a lot to make sure that your employees are getting the best care that you can. You also need to make sure that they’re covered with the best business insurance that you can find. Your employees deserve the safety and security that comes with great insurance, and you can rest easier with the peace of mind that you’ve done everything that you can to make sure that they’re safe and secure. 

What Can I Do To Help?

Learn how to protect your business and staff.

Invest in some business insurance to make sure that you’re covering your employees in the case of the unexpected and unfortunate occurring. Neither you nor your employees want to be caught off guard by an untimely accident, so make sure you invest in the best business insurance that you can find. It’s been proven time and time again that happy employees are more productive, so you’ll be investing in your business as well as investing in your employees. They’re going to want to work harder for a boss who cares about them. 

Where Do I Go?

Insurance can be a tricky thing to buy. It’s can all be very confusing if you’re new to the industry. That’s why you need to find a company that you can rely on. 

Prince Insurance is committed to protecting business owners and their employees. Visit our website to learn more about this and other services we offer; we’re the best business insurance that you can find. We’re happy to offer you a quote today, so you know exactly what you’re getting into before you commit. 

What Type of Business Insurance Do You Need

Restaurant and Bar Insurance

One of the most important insurance policies that you need for your business is business insurance. This insurance is designed to ensure that in the event of an unexpected event, your business is protected. Whether you have an office, a retail store, manufacturing equipment, or a service business, this insurance can help protect your business financially.

There are essentially four different types of business insurance that you should carry in your business:

  • General Liability
  • Property Insurance
  • Business Auto Insurance
  • Workers Compensation

Some of these policies may be offered by the company that you work for, or they can be purchased elsewhere. It is important to consult with an insurance agent who knows the type of business and understands the coverage required for your industry. So, what type of business insurance do you need?

Does your business operate motor vehicles? Business auto insurance is a must.

What Type of Business Insurance do You Need?

1. Depends on your industry

2. Depends on your business

3. Do your research independently

4. Avoid being underinsured by seeking out a local insurance broker to help you make final purchasing decisions

It is important to note that insurance agents who work for companies have a vested interest in the company! They are trying to sell you the highest dollar amount of insurance that they possibly can. If there is no profit for them, they lose their commission dollars and therefore will not be so interested in helping you make well-informed purchasing decisions. Every business deserves the proper coverage to be prepared for any obstacles ahead.

Finding a Policy for You

The best way to find affordable insurance coverage for your corporation is to shop around and ask the hard questions. You can begin by asking friends or trusted professional business resources that review a range of businesses in their industry. It is crucial you find an inexpensive, reliable, and trustworthy company that will protect you against any challenges the future may bring.

Contact Prince Insurance today for a quote.

Most Important Factor When Choosing Insurance

Cyber Insurance

So what is the most important factor when choosing insurance? There are many factors to consider, but the one that usually matters most is the actual insurance itself. For instance, if you have a good idea of what you are willing to pay for car insurance, you may want to look into a more expensive company for the same coverage if it offers better reimbursement for repairs, or if they offer convenient locations you can easily visit. You may also want to think about whether or not your agent is the best one to work with and if the customer service is good.

The Key Factor

There are lots of things to consider when choosing a home insurance policy, including location, coverage, price, and the company.

But what is the most important factor when choosing insurance?

Choose insurance that has the best coverage and has value – never going for price alone. Choose insurance that is specific to your industry and your situation.  Consider having insurance from companies that are better able to cover certain losses you may experience, and have personal claims representatives available over the phone since they will be more willing to help you out in case there’s a problem.

What Agents Know

An agent should be able to tell you the exact details of your policy, including coverage amounts and deductibles, including going over the fine print with you. Always double-check to make sure that everything an agent tells you is noted in your policy. Pay attention to the time between when you bought coverage and when it takes effect to know exactly when you are covered.

Get the personal guidance of a local insurance broker to help you. They can help you through the process of finding the right insurance policy for your company and help you understand how that policy works if it should ever become necessary.

A broker will ask you a variety of questions, including what risks your business faces and what coverage is necessary to make sure all problems are covered.  

Contact Prince Insurance today for a free quote.

Why Working With A Local Insurance Broker Leads to Better Coverage

Every day, more and more Americans are choosing to get their car insurance, home insurance, life insurance, health insurance, and other insurance products from a local insurance company. Why? Because they believe that is the best way to get the most personalized attention when it comes to their insurance needs. Why not save money and time by working with a local insurance broker?

When you are comparing insurance coverage options, there are a number of things you are going to need to consider. One of those is going to be the cost of the policy since this is going to be the biggest factor in your decision. We are going to take a look at how you can make sure that your policy will be the best value for you.

One of the reasons that you will want to work with a local insurance broker in order to find your coverage is that they are going to be willing to help in making sure your policy fits within your budget. You need to ensure that the overall cost of the plan does not exceed what you can afford.

A broker is more than just a passerby on the road to the people you do business with; they can really help you get the coverage that’s right for you.

How a Local Insurance Broker Leads to Better Coverage

1. Understand the local environment and local threats to your industry.

2. Having more time for personal attention will lead to better communication and better coverage.

3. Local insurance brokers work with local agents to find the best value for your company and budget.

4. Local insurance brokers will help you understand every step in the process so that you are informed and able to make good decisions.

In time, your rapport with an insurance broker becomes a long-term relationship that you can trust with all of your insurance, personal, and business policies alike.

Find Your Local Broker

Contact Prince Insurance today to receive a free quote for your insurance policy and experience why a local insurance broker leads to better coverage.

Biggest Business Insurance Mistakes

Insurance Broker


Have you ever made a key mistake when purchasing your business insurance policy? If so, you are not alone, as most business owners make mistakes when buying their policies. No matter what kind of insurance you carry, there are a few things that you should know about the biggest business insurance mistakes that you can avoid. Whether you are a homeowner, auto owner, or business owner, there are a few things you must know about insurance in order to avoid big mistakes.

Common Errors

The biggest business insurance mistakes include the following.

1. Not knowing what your business really needs.

2. Not being cognizant of the coverage you are actually buying when purchasing a policy.

3. Not reading the policy and understanding it fully.

4. Not reviewing the policy on a regular basis (at least every three years) to be sure it is what you need.

5. Being fooled by fancy but extraneous insurance add-ons that appear necessary, when actually they are not.

6. Not understanding that often what you already have in your business or home is adequate coverage and that additional insurance may be unnecessary at the cost it will command.

Prince Insurance is here to support your business.

Always Consult Your Broker

Don’t make any mistakes with regard to your insurance coverages; always consult your broker so that you don’t accidentally get in trouble with your insurance provider. Depending on the broker you choose, the information you ask for may be different from the information you need to know.

Buying yourself without consulting an insurance broker puts you more at risk of making any of the mistakes listed above. A good broker knows your business and its needs very well. A good brokerage also has a network of companies that it works with, and the industry contacts to help find the best deals for you.

Contact Prince Insurance for a quote and avoid making the biggest business insurance mistakes.

Essential Insurance to Start a Business

office team

When starting a new business, securing it with a solid insurance policy should be one of the first things on your list. You need to cover yourself, your employees, and your commercial property against potential damage, injury, and other potentially serious issues. 

There are several types of essential insurance to start a business. Here are a few to consider when you’re opening a business. 

Workers Compensation 

These kinds of benefits are payments that cover injuries related to the work you’re doing. It’s a no-fault type of payment that’s paid regardless of whose fault it was that caused an injury. If work is the cause of severe pain or disease you’ve contracted, you’re eligible for workers compensation. 

General Liability Insurance 

Also called business liability insurance, this essential insurance to start a business protects you from a wide range of claims, including personal injury and property damage that happens during business operations. 

Auto Insurance

For any vehicles used for your business, like delivery trucks for postal services or food establishments, it helps get comprehensive auto insurance coverage in an accident. 

Property and Casualty Insurance 

This kind of insurance focuses on property and possession loss while also including liability coverage for instances where you’re deemed legally liable for an accident that injures someone or damages belongings. 

Choose Prince Insurance for Your New Business Insurance

Every business is unique. Our brokers can help you find insurance that’s tailored to your specific needs and gives you better protection. 

Plus, we’ll have insights into additional insurance that may be necessary depending on your industry or location. 

Need essential insurance to start a business right now? Look at our business insurance options and get yourself a free quote. With Prince Insurance, you’re guaranteed business insurance that covers various scenarios and prevents your bottom line from being affected. 

Risks of Running a Business Without Insurance

If you’re starting a new business, one of the first things you’ll want to do is consider the different types of insurance coverage you need. A business owner can protect against a number of common risks, including property damage, injury, and liability. You’ll need to protect your personal assets (your home, car, and personal belongings) from business-related liabilities, and you’ll also need coverage to protect your business assets from claims by customers and other entities.

Risks Without Business Insurance

Running a business without insurance is never a good idea. Not only can you potentially put your personal assets at risk, but you may also be putting your business at risk as well. There are several risks to running a business without insurance, including the risk of lawsuits, property loss, and liability issues. In case anything goes wrong, having business insurance could save your business.

While you may think that protecting your assets would be enough to get your business started, you can’t afford to overlook the other legal obligations that comes with opening up shop. For instance, you may need to cover your employees with workers’ compensation insurance, which is a state-mandated insurance plan that covers medical expenses and replaces lost wages in case of work-related injuries or illnesses.

office team
Insurance gives you peace of mind that you, your employees, and customers are all protected in the event of an accident occurring on the physical premises.

Business Insurance Benefits

Business insurance is not only necessary for protecting your personal assets, but there are many financial benefits of owning a business that can be protected by insurance. Business insurance protects your company’s physical assets and financial assets, including your building, equipment, inventory, and income. And it protects you from liability for personal injury and property damage.

Get a quote for a business insurance policy today.

Insurance For Small Businesses With Remote Workers

Remote Working

As people work remotely more and more, it’s becoming important to think about how to protect your business from the risks associated with remote work. The risks are not just limited to things like liability and property damage. There are also social risks that need to be addressed. One risk is the worry that an employee will get hurt while working at home or traveling for work. That is why it is especially vital to make sure you have the right business insurance policy in place.

Business Owners Insurance

Business owners insurance is not a single type of insurance policy or product. Instead, it is an umbrella term for a number of different types of policies and products.

The purpose of any business owners commercial policy is to protect the business from losses. There are a number of categories of commercial insurance: commercial property, commercial liability, commercial auto, workers compensation, and business interruption. For remote work, the most important insurance policy to have is general liability insurance.

  • General Liability Insurance: Liability coverage is very important for businesses that work with independent contractors. This type of coverage will pay for legal fees and other expenses related to your company in the event of a lawsuit.
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Prince Insurance can advice you on the appropriate insurance policies you should be looking at to make sure your remote employees are covered.

Insuring Remote Workers

Getting a business owners policy is the best method for insuring remote workers. For at-home workers, make sure that your homeowners policy will allow you to operate your business from home. For businesses, have remote workers agree to work-from-home protocols, including implementing safety measures, having the proper equipment, and using a secure network.

Contact an agent at Prince Insurance to find the right business owners insurance, such as liability insurance for insuring remote workers.

How to Find the Right Insurance Agent to Handle Your Business

There are very few businesses that don’t need some type of insurance to protect themselves, their employees, and their clients. Insurance agents are trained to help businesses find the right insurance policies to fit their needs. But how do you find a good agent? There are many to choose from, so it’s important to know what factors to consider when choosing an agent. Here are a few tips for finding an insurance agent for business insurance.

Initial Steps for Finding an Insurance Agent for Business

To get the job done right, you need to do your homework. First, get word-of-mouth referrals, if possible, for local businesses in your area and in your industry. Be sure to check the agent’s license and insurance rating. The state insurance department can tell you if the agent has any outstanding complaints or violations. Next, you should talk to other agents and anyone else that may know the agent you’re considering. To ensure your business gets the proper coverage for your industry, find an agent who is specifically in tune with your type of business. Local agents will understand the risks you face in general because they will be more familiar with the specific area.

To feel confident that you are receiving proper coverage, find an insurance team that specializes in your industry.

Final Steps for Finding an Insurance Agent for Business

Finally, once you’ve created a shortlist, interview a few prospective agents. Come prepared with questions specific to your business and industry. See if they seem knowledgeable and trustworthy to handle your business’s needs. Do they have options for coverage, and do they pick coverage based on the best value for your situation?

When finding an insurance agent for business, contact the team at Prince Insurance, who can give you a quote.

Avoid Liability Risks When Employees Return to Work

Insurance Broker

As the pandemic’s at-home restrictions are lifted, many businesses, including restaurants and offices, are re-opening their doors to both customers and employees alike. Even though businesses are doing their best to comply with the government’s regulations regarding COVID-19, some are still concerned about the liability risks associated with the pandemic. Fortunately, having proper protection is possible through business insurance, including business liability insurance.

Liability Risks

Business liability insurance is essential because there are more liability risks associated with bringing employees back to work after the pandemic. The first step is getting the office ready to re-open by having the space professionally cleaned and disinfected to remove pathogens and bacteria. Businesses must exercise proper sanitary measures to help prevent the transmission of COVID-19. Since specific businesses have higher traffic levels, such as those in the hospitality or retail sectors, they have to be creative and safe in implementing new ways to welcome back their staff and employees.

No matter your industry, your business needs to be extra careful to make sure they are prepared to handle the ripple effects of the pandemic, such as having proper business liability insurance.

Discrimination and Harassment Claims

Be careful about deciding layoffs if staff reduction was or will be required because of the pandemic. Even if these decisions are made carefully, employees may respond with discrimination claims. Further, employees may retaliate with potential harassment claims, if they suspect that they were let go because of reasons associated with the pandemic.

Be careful not to discriminate against employees as you decide who to bring back. Don’t judge by age, race, gender, or supposed health risks. If employers are not careful about the way they make decisions, they might face discrimination or harassment claims in the future.

Contact an insurance agent at Prince Insurance to get more information on business liability insurance for your business.