Launching a Machine Shop? Be Sure to Consider These Key Insurance Essentials.

Starting a machine shop can be an exciting venture, especially given the vital role these businesses play in the U.S. manufacturing sector. They turn raw materials into precise components used in industries like aerospace and agriculture. However, alongside setting up quality machinery and crafting a solid business plan, it’s crucial for machine shop owners to … Read more

What Types of Insurance Do Fence Contractors Require?

Fence contractors face a variety of risks that can lead to serious challenges for their businesses. From injuries caused by sharp materials to legal disputes over improperly installed fencing, having the right insurance coverage is essential. Thomas McMillan, a commercial lines staff underwriter at Central Insurance, recently discussed these risks and the insurance options available … Read more

Factors to Consider When Selecting Shipping Services for Your Small Business

In the bustling world of small businesses, choosing the right shipping service is crucial. It can significantly impact customer satisfaction and overall profits. Whether you run a retail shop, an e-commerce site, or a packaging business, having a solid shipping strategy is essential. Factors like delivery times and insurance coverage should be at the forefront … Read more

What Type of Insurance Do I Require for My Equipment Store?

Running an equipment store involves more than just selling tools and machinery. It requires careful management of valuable inventory, protection against risks, and ensuring safety for both customers and employees. Mike Morse, director of small business underwriting at Central Insurance, recently shared valuable insights on essential insurance policies that equipment store owners should consider to … Read more

Cybersecurity Culture: The Importance of Your Team’s Role

Cyberattacks are becoming a daily concern for businesses of all sizes, especially small and mid-sized companies. Recent studies reveal some alarming statistics: nearly 41% of small businesses faced a cyber threat in the last year, and 43% of all global attacks target organizations with fewer than 1,000 employees. This highlights that cybercriminals are increasingly focusing … Read more

Excess Liability vs. Umbrella Insurance: What Are the Key Differences?

When businesses look at their liability coverage, they often come across two important types of insurance: excess and umbrella policies. While people sometimes use these terms interchangeably, they actually have different roles in protecting a business. Understanding these differences is crucial for business owners to make informed decisions about their coverage. Both excess and umbrella … Read more

Risk Reduction Strategies for Your Wholesale Durable Goods Manufacturing Facility

Durable goods, such as appliances, electronics, and furniture, play a crucial role in both households and industries. The U.S. Census Bureau reports that the durable goods manufacturing sector is worth $2 trillion, making it a key part of the national economy. Businesses involved in this sector, whether they manufacture or distribute these long-lasting products, are … Read more