What Is Product Liability Insurance For Small Businesses?
Posted: June 11, 2024
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It’s a fact of life: accidents happen. Of course, risks will always be associated with creating, manufacturing, assembling, distributing, or selling products, but managing those risks is a key part of your business success. Product liability insurance can protect your business from potential legal and financial consequences arising from product-related claims. Product Liability Insurance In a Nutshell Product liability insurance is a specialized form of...
The Cost of Not Having Business Insurance
Posted: April 19, 2024
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Running a business comes with many risks, from property damage to legal liabilities. While some business owners may see insurance as an unnecessary expense, the cost of failing to have adequate coverage can far outweigh the premiums paid. It is essential to understand the potential consequences of operating without business insurance. Financial Losses from Property Damage Property damage can occur unexpectedly due to natural disasters,...
The Surprising Business Risks You May Not Think About
Posted: April 17, 2024
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Risk control consultants are the preventative care professionals of business insurance. They can help you detect potential hazards to your business’s well-being and help you understand what actions you can take to keep things healthy.Good news: Qualifying customers who have business insurance with us have access to customized risk control services. That’s just one more way we’re looking out for you. Learn more: How an ERIE Risk Control...
The Keys to Launching a Successful Side Gig
Posted: January 19, 2024
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In a world that thrives on versatility and innovation, launching a side gig has become a popular and rewarding pursuit for many individuals. Whether you’re aiming to supplement your income or turn a passion into profit, starting a side hustle requires careful consideration and strategic planning. Consider the following factors for launching a successful side gig, offering ideas for various ventures, and addressing essential considerations,...
10 Tips & Tools to Help Your Veteran-Owned Business Succeed
Posted: November 4, 2023
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As we approach Veterans Day, we want to take a moment to express our deepest gratitude to all veterans for their unwavering dedication and service to our nation. In honor of your sacrifices and commitment, here are ten ways to ensure your business’s success and safeguard your hard-earned progress. 1. Get Support Through the Office of Veterans Business Development (OVBD). Start by tapping into the...