Category: Commercial Insurance

18 Jan 2018
Hacks to Help You Foster Workplace Wellness

Hacks to Help You Foster Workplace Wellness

Try out these tips to help promote employee wellness at your business.

If you run a business, then you know that healthy, happy employees can be your business’s biggest assets.  However, how can you encourage your team to embrace healthier behaviors?  Here are some tips to help you promote employee wellness in your place of business.

Lead by Example

There’s no point in encouraging healthier behaviors when you live an unhealthy lifestyle.  If you want to persuade your employees, then you have to prove to them that you are also invested in being healthier.  This means making an effort to eat better, get exercise, and sleep well on a regular basis.

Stock Up on Healthy Snacks

When you get caught up in work, you just want to grab whatever is fastest and easiest.  Unfortunately, this means that your employees often rely on vending machines and nearby fast food places for lunch.  The best way to encourage your employees to eat better is by stocking up on healthy snacks and beverages.  Having fresh fruit and veggies on hand will make your employees more likely to reach for a nutritious snack.

Make it a Competition

One of the best ways to motivate your employees to take their health seriously is by turning it into a contest.  Create teams of employees and challenge the teams to lose the most weight collectively.  As extra incentive, offer prizes for the winning team members such as extra days off or extra long lunch breaks.  Once you offer incentive, you’ll find that your employees are much more willing to be healthier.

Try out these tips to encourage workplace wellness.  Want another way to care for your employees?  Then make sure you have them covered by the right commercial insurance.  To find the right policies to meet your needs, look to the experts at Moser Group Inc.  Located in New York, we are eager to assist with all your insurance needs.  Contact us to get started today.

07 Dec 2017
Preparing Your Business for a Winter Storm

Preparing Your Business for a Winter Storm

Is your business ready to handle a winter storm?

Unfortunately, an extreme winter snow storm can wreak havoc on your small business.  That’s why it so important to make sure that your business is prepared to handle intense winter weather conditions.  If you don’t already have storm preparations in place for your business, here are some tips you should try.

Winterize Your Business

Extreme winter weather can cause significant damage to your place of business.  The most common issues are frozen pipes and water damage.  When pipes freeze, the water trapped inside them expands which can cause the pipes to burst open.  This results in serious and costly damages to your business.  To prevent this from happening, shut off your water and drain your pipes before a winter storm gets too intense.  To protect against water damage, it’s important to seal up any cracks in your room and around your windows and doors.  This will prevent water from seeping in and causing damage to your business.

Keep an Emergency Generator

During a winter storm, it’s very likely that your business will lose power.  Even after a storm passes, it can take several days for your power to be restored.  That’s why having an emergency generator is a good safety precaution and business decision.  Not only will having a back-up power supply keep your business lit and heated during a winter storm, but it will also allow you to open your business much sooner than other businesses in your area.

Have an Emergency Action Plan

Finally, it’s important that your business have an emergency action plan in place.  Make sure you pay close attention to storm warnings and alerts and have a communication plan to keep your employees informed.  You should have a protocol for sending employees home and you should also know what to do if you have to evacuate your business.

Take these steps to ensure that your business is ready for a winter storm.  Want another way to protect your business this winter?  Then make sure you have the proper insurance protections in place.  To find the right policies to fit your needs, contact the professionals at Moser Group Inc. in New York.  Our dedicated team is ready to get you covered today.

30 Nov 2017
Learn More About Employee Fraud

Learn More About Employee Fraud

Find out how you can protect your business from employee fraud. 

While a good employee can be your business’s biggest asset, a bad employee can be absolutely devastating to your company.  If you are a small business owner, then you should take steps to protect your business from the emotional and financial costs associated with employee fraud.  Here’s what you should know about employee fraud.

Types of Fraud

There are three common types of employee fraud: asset misappropriation, corruption, and financial statement fraud.

  1. Asset Misappropriation– This is the most common type of fraud because any employee at any level of your business can abuse company resources. Common examples of asset misappropriation include stealing company resources, forging checks, and using company resources for personal use.
  2. Corruption– Corruption occurs when an employee accepts bribes or payoffs in exchange for offering preferential treatment or unauthorized discounts.
  3. Financial Statement Fraud– Financial statement fraud is committed by the employees who handle the financial records for your company. This type of fraud occurs when employees inflate revenues, exaggerate assets, and conceal expenses.

How to Protect Your Business

There are several things that you can do to protect your business from employee fraud.  For starters, you can employ more in-depth screening measures when hiring a new employee.  Conduct a thorough background check and try to contact previous employers.  Doing a little detective work could uncover previously undisclosed criminal activity or prior involvement with fraud.  Another way you can protect your business is by conducting random spot checks of your employees’ work.  Conducting a surprise inventory inspection or randomly looking over your company’s books can reveal any wrongdoing on your employees’ parts.  Finally, you can deter employees from engaging in fraudulent activities by establishing a code of ethics for your business.  Emphasizing fair and legal business standards will make your employees less likely to engage in illegal practices.

Use this information to protect your business from employee fraud.  Want another way to keep your business safe?  Then make sure it has the right insurance protection in place.  To get the right policy to fit your needs, contact the experts as Moser Group Inc.  in New York.  Our dedicated team is ready to assist you with all your insurance needs.

16 Nov 2017
How You Can Prepare for Small Business Saturday

How You Can Prepare for Small Business Saturday

Learn how you can participate in Small Business Saturday.

This Small Business Saturday is November 25th.  Small Business Saturday is an American retail holiday much like Black Friday and Cyber Monday.  This event was originally established by American Express with the goal of supporting the small businesses that are the backbone of the local and national economy.  If you are a small business owner and want to get involved this Small Business Saturday, here’s how you should prepare.

Advertise

The first thing you should do to get ready for Small Business Saturday is announce your business’s participation in the event.  Start by creating promotional materials for your business.  To save some time, head over to American Express’s website to create your advertising materials.  You should also post about your business participation on social media.  If your business doesn’t already have a Facebook page and Twitter account, then now is a great time to create them.  Use your social media accounts to post about Small Business Saturday using the hashtags #shopsmall and #SmallBusinessSaturday.

Plan an Event

Another way to prepare for Small Business Saturday is by planning a special in-store event for your business.  For instance, you could always hold a sale in honor of Small Business Saturday.  Other fun ideas include hosting a raffle, offering seasonal refreshments to shoppers, and giving away a free gift with every purpose.  Holding some kind of special event will definitely generate interest in your business this Small Business Saturday.

Review Your Insurance

Finally, before the big day arrives, take a moment to review your business insurance policy.  Because your business will probably be filled with customers and employees this Small Business Saturday, make sure you have the right insurance protections to keep everyone safe.  Additionally, make sure you have the right liability coverage in place in case an angry customer targets your business.  Making sure you have the right insurance protection will give you some peace of mind this Small Business Saturday.

Follow these suggestions to prepare your business for Small Business Saturday.  If your business needs more coverage for the event, then turn to the insurance experts at Moser Group Inc. in New York.  Our dedicated team is ready to get you covered.  Contact us to get started today.

 

24 Oct 2017
Protect Against These Threats to Your Small Business’s Bottom Line

Protect Against These Threats to Your Small Business’s Bottom Line

Don’t let your business be vulnerable to these threats.

If you own a small business, then you know how important your bottom line is.  However, there are risks to your small business’s financial stability everywhere.  While you cannot protect your business from everything, there are some major threats that you should look out for.  Here are some of the biggest threats that your small business faces.

Overspending

One major threat that all businesses need to watch out for is overspending.  Businesses tend to overspend in two areas, marketing and hiring.  In regards to marketing, businesses often invest in costly advertising campaigns while overestimating how these campaigns will affect their business.  Usually, these campaigns are not as successful as planned and the business ends up in the red.  It’s similar with hiring.  Businesses overestimate how much business they will receive and they spend too much money hiring and training unnecessary employees.  To minimize your risk of overspending, make sure you conduct the necessary research to budget for marketing and hiring more conservatively.

Legal Issues

Unfortunately, small businesses are regular targets for legal action.  Whether the suit comes from an angry customer or a vengeful employee, the costs associated with legal issues can be devastating for a business.  Expenses include legal fees, settlement costs, and the revenue lost while dealing with the issue.  While your business can cut down on legal problems by offering liability training to its employees, even the best training program cannot prevent every lawsuit.  In this case, the best way to protect your business from legal costs is by investing in a good commercial insurance policy.

If you’re a business owner, then do everything you can to protect your business from these financial threats.  If you would like to take the precautionary step of getting the right commercial insurance for your needs, then contact the experts at Moser Group Inc. in New York.  Our dedicated team is ready to assist you with all your insurance needs.

21 Sep 2017
Finding the Right Liability Insurance

Finding the Right Liability Insurance

Make sure your business has the right liability coverage.

Finding the right liability insurance for your business is never a simple process.  Liability insurance policies come in all shapes and sizes, so it’s important that you choose the best policy for your business.  Here are a few things to keep in mind as you look for your liability coverage.

Understand what Liability Insurance Is

Liability insurance covers you and your business from legal claims, such as injury and property damage, that can occur during business operations.  If you have employees, the law mandates that you have liability insurance.  If your business doesn’t have employees, you may not be required to have a liability policy, but you should still be ready.  A single claim could hurt your business irreparably.

Know the Types of Liability Insurance

Many business owners are unaware that there are different types of liability insurance to choose from.  It’s important to know that there is a policy for any imaginable risk your business might face.  Types of liability insurance include: General Liability, Product Liability, Professional Liability, Commercial Property, and Home-based Business.

Identify your Risk

It’s important to understand what risks your business might encounter.  Speak to an experienced insurance agent to discuss your risk and determine if you need additional insurance options to cover your business completely.  As a business owner, you know your business the best, so take the time to consider any possible coverage needs.

Shop Around

Don’t settle for the first insurance provider you talk to.  Consider different options to ensure that you have the right insurance professionals by your side.  Use this as a networking opportunity, and ask other small businesses for referrals.

Consider these tips and make sure that your business has the liability insurance it deserves.  To discuss your liability coverage, contact the experienced professionals at Moser Group Inc. in New York for all your personal and commercial insurance needs.

18 May 2017
How Business Interruption Insurance Provides the Right Coverage

Learn How Business Interruption Insurance Provides You with the Right Coverage

What to know about how business interruption insurance gives you the coverage that you need.

When it comes to protecting your business, it’s important that you’re well-prepared. When disaster strikes, your business could be left with costly damage that can temporarily impact your ability to function. Such a business interruption requires the necessary insurance coverage to help you get back on your feet. Find out what you need to know about business interruption insurance so that you can keep your company as secure as possible.

About Business Interruption Insurance Coverage.

When your business is forced to close its doors temporarily due to a disaster, business interruption coverage helps to get you back on your feet. Such coverage provides you with the financial resources to cover your expenses like rent, utilities, and employee salaries, lost revenue, and temporary operating costs if you’re forced to relocate for a little while. It’s a necessary safeguard to help protect your business from ruin.

Choosing the Right Business Interruption Coverage.

When it comes to investing in the right business interruption policy, it’s important to be aware that this policy does not exist as a stand-alone policy. Instead, it’s offered as supplemental coverage to other commercial insurance. Usually, when adding business interruption coverage, it’s added to a commercial property insurance or business owners policy. These types of policies give you general protection for your business that can then be customized by adding on additional endorsements. That way you ensure that you have adequate protection for your business to stay afloat after a disaster.

Be ready for disaster with the right insurance coverage. Protect your company with the right business interruption insurance. Contact the insurance professionals at Moser Group Inc. Located in New York, our experienced, knowledgeable staff will help you meet all your personal and commercial needs.

27 Apr 2017
Get Commercial Coverage for Your Business Size with These Tips

Get the Right Commercial Coverage for Your Business Size with These Tips

Find out what sort of coverage you need for your business size.

When it comes to your business, it’s important that you have the right insurance coverage. However, the coverage that you need for your business depends on your business size. The larger your business, the more coverage you need. Find out what you need to know about choosing the right amount of insurance coverage for your business size.

Home Business.

When it comes to your home business, it’s important that you have the right insurance coverage. While many home business owners assume that they’re covered under their homeowners insurance policy, it’s often not the case. Business conducted in your home requires a separate home business policy or a supplement to your homeowners insurance. Without the right coverage, you could be paying for damages out of pocket. Ensure that you get the right coverage so that you’re well protected.

Small Business.

As a small business with 50 or fewer employees, it’s important that you take care to protect yourself from common threats like property loss or lawsuits. A BOP (business owners policy) helps to give you baseline commercial property and liability coverage to protect your business. However, it’s a good idea to evaluate all your business risks, especially when they’re specific to your industry. That way you can customize your insurance coverage to best protect your business.

Larger Business. 

The larger your business, the greater the risk. Ensure that your business is well protected with the right policies and the right coverage limits. Evaluate your risks so that you’re better able to match your coverage to your needs.

Keeping your business well protected is a top priority. Invest in the right commercial insurance coverage for your business size. Contact the insurance professionals at Moser Group Inc. Located in New York, our experienced, knowledgeable staff will help you meet all your personal and commercial needs.

16 Mar 2017
Get the Best Commercial Insurance to Keep Your Business Safe

Get the Best Commercial Insurance to Keep Your Business Safe

Learn how these types of commercial insurance can keep your business safe.

Keeping your business as safe as can be is an important part of your business practices. There are various risks that threaten the safety of your company, from lawsuits to property damage. Life is unpredictable, and you need the right coverage to protect yourself. Check out how commercial insurance can help to keep your company safe. Here’s what you need to know.

General Liability.

Lawsuits are more common than ever, and they’re not pretty. They’re expensive, time-consuming, and they can destroy your business. Fortunately, you can help to offset these costs and protect your business with the right general liability coverage. From copyright infringement accusations to slander, you have the protection that you need to help keep your business safe and secure.

Product Liability.

When it comes to your business, accidents happen. If there’s an issue with the products that you produce, you could be liable for any associated damages. Be ready for the unexpected with the right product liability coverage. That way you have the coverage that you need to keep your business safe from issues like manufacturing flaws and design defects.

Cyber Liability.

Most business practices carried out today involve the use of digital technology. While they help to make tasks easier, they come with various risks. They’re vulnerable to cyber-attacks and should sensitive information get out, you could face a serious cyber liability suit. Get the protection that you need with the right cyber liability insurance.

When it comes to your business, it’s important that you have the tools that you need to stay well-protected from common threats. Invest in the right commercial insurance so that you can keep your company as safe as can be. Contact the insurance professionals at Moser Group Inc. Located in New York, our experienced, knowledgeable staff will help you meet all your personal and commercial needs.

16 Feb 2017
Small Business Tax Tips to Making Filing Your Taxes Easier

Small Business Tax Tips for Making Filing Your Taxes Easier

Use these tax tips to get your small business taxes in order.

Tax time is right around the corner. Soon you’ll need to file your income taxes, but getting all your documents in order can be stressful. Beat the stress and get the help that you need with the right tax tips. Check out these tips for small businesses so that your tax filing runs smoothly.

Keep Record of Your Business Expenses.

It’s important that you keep track of all your business expenses so that you can properly file your taxes. Ensure that you give yourself plenty of time when it comes to getting all your documents in order so that you have time to correct any mistakes at the last minute, and so that you can review your work. To make the process all the easier for the coming year, ensure that you use a reliable accounting system to keep your expenses in order.

Gather All Your Deductions.

With so many types of deductions available to you, it’s important that you keep track. Get all your deductions in order so that you’re ready to file your taxes. From healthcare costs to educational expenses to philanthropic donations, maximize your deductions so that you get the greatest returns on your taxes.

Hire a Professional.  

It’s important that you keep track of how much you owe in taxes. That way, when you’re ready to file, there aren’t any surprises. However, keeping track of your taxes is a big job. In fact, it’s so complex that often professional help is needed. Consult with an accountant to help you get the most from your taxes.

When it comes to your business taxes, ensure that you have all the tools that you need to stay organized. As you organize your taxes, organize your commercial insurance policies. Contact the insurance professionals at Moser Group Inc. Located in New York, our experienced, knowledgeable staff will help you meet all your personal and commercial needs.