to the home of the Business Insurance Oracle, your guide to buying,
understanding and using business insurance. Here you'll find inside
information, tips and tricks, warnings and ways to avoid insurance
disasters that happen just because you didn't know.
INSURANCE CASTROPHES TO AVOID
When and how you file may determine how much or whether you get
paid at all, or if the lawsuit against you gets defended.
Autos: How to send someone
on a short errand & get sued for millions without insurance.
on your Group Medical:
No good deed goes unpunished.
How to discover an employee injured in your business
who was never hired.
Uninsured lawsuits for sexual-racial-or-whatever harassment, reprisals,
rejections or other prohibited behavior towards employees, often
based solely on nothing more than someone's outrageous story
How to sign a simple contract & take responsibility for
someone else's liability without realizing it.
Audits: Lowballed premium
deposits, horrific surprises later.
Talk about a license to steal.
How to have your insurance declared worthless when you file
Clauses, Depreciation & Coinsurance:
The fine print that can cost you 50% or more in
the settlement on damaged or lost property.
Inside jobs aren't covered & they happen a lot.
Everyone But You:
Why your own medical or disability insurance may not cover you when
you need it most.
"We don't pollute . . . do we?"
When your property is empty your policy may be void.
or Disability: Odds are your
business is much more likely to crash from your disability.