Most business owners buy commercial insurance to cover fire, theft, and certain liability risks. However, did you know there are many unique insurance products that can also protect your business? Your business insurance should be able to respond to almost all the activities in which you are involved, but if you are not properly insured, it may not. Therefore, we thought we would explain several business coverage’s you may not have considered.
Unique Kinds of Business Insurance
Political Risk Insurance—The world is becoming a very dangerous place, so there is coverage for business owners and executives who travel to foreign countries. Kidnap and ransom coverage can protect your executives in case of an unforeseen event.
Giving Advice—Do you or your employees give advice to your customers? If so, you may need Professional Liability Insurance.
Foreign Liability—If you export products to a foreign county, your business is at risk of a product liability claim if the products cause an injury or loss.
Loss of Value—If you rely on your voice or other talent to produce income, you can buy insurance to cover yourself in the event you are unable to perform.
Environmental—Environmental insurance is there to protect humans and physical assets from the effects of pollution exposure, so you can carry on running your business without worrying about major oil spills or other catastrophic events.
Chicken insurance—Many people insure their pets, but you can also buy coverage to insure your chickens or other animals.
Tax opinion insurance—Acquisitions, reorganizations, mergers, or other changes of ownership can present complicated tax problems. Tax insurance protects the business in the event the transaction produces a larger than expected tax liability.
Protect what matters most to you with Wadena, MN. Car, Home, Health, Life & Business insurance. We offer the best combination of competitive rates, coverage and personal service in Wadena.
Boating is a great adventure on any type of boat and is being enjoyed by many on a daily basis, but with that comes a great responsibility. It is not mandatory to do a boating course at this time, but there are some excellent reasons to get your self-informed about the rules of the road.
You will learn about safety equipment and what you are required to have on your boat before you undertake any boating excursion. This is very important because what you don’t have with you could make the difference between being able to handle a situation or not.
You will learn that driving a boat is vastly different from driving a car. You are dealing with air and water currents. If you have never docked a boat you may think that it is easy until that is, the current is pulling you in the opposite direction that you want to go.
Knowing how to work with lines and tying knots is part of boating. You have to be able to secure a boat properly. If your boat gets away, it is amazing how quickly the current will take it out of your reach, and you will probably require the assistance of another boater to help you get to it.
You will learn what the channel markers mean. We learned the hard way the first time we went out on a boat and ran aground outside the markers. We also had no clue what the red and green markers meant on the poles. This you also learn on the course.
There are speed limits on certain water ways, but unlike the roads, they may or may not be posted. Ignorance may not be enough to get you out of a ticket.
Using charts for coastal navigation can be a lifesaver. It’s your roadmap that helps you stay away from the shallows and shows where all the markers and bridges are, and by using measurements, you can calculate the distance and time it will take to get somewhere.
Just like on the roads, there is the right of way. On a boating course, you will learn who has the right of way and why.
Every boat should have a horn. You may hear one long toot or 2 short toot and so on, and you’ll learn what they mean.
There are boating regulations and laws that must be followed by all boaters, for example, (and I have seen this rule broken so many times), you are not allowed to sit on the bow of the boat with your feet hanging overboard.
Anchoring a boat is not just a matter of plopping it down in the sand. There is a mathematical technique applied to anchoring that has to do with the size and length of your boat. Knowing how to do this correctly will give you that extra insurance of knowing your boat is going nowhere until you want to move it.
Thanks for choosing Wadena Insurance, a Strong Company. We know you have many choices when purchasing insurance and we want to thank you for choosing us as your insurance agency. As a professional insurance agency we pride ourselves on maintaining long term relationships. Please keep us in mind when your family and friends are looking for a referral.
Do You Want Your Business To Be On The Cutting Edge?
Keeping your business moving forward requires a lot of your attention. Every one of our clients wants their business to grow and to have their assets and resources protected. It is important to invest in tools and resources that will allow your business to thrive in 2018. Having the right kind of business insurance is important in making sure your assets are protected. In order to keep up with current thinking, here are a few Insurance trends to watch in 2018.
More and more firms are buying cyber liability insurance. Cloud computing is becoming more popular. By utilizing cloud-based computing, your data or programs are hosted off-site allowing you to access your data from almost anywhere with the added benefit of a secured server. This increases your cyber liability risk.
The use of social media for business has increased over 50% in the past three years according to the leading experts. Social media can be a great method of connecting with your clients and prospects. Content has always pushed boundaries when it comes to growing your business, but pictures have also proven to be effective.
The use of E-mail to convey a professional image is another growing trend. Sometimes small touches can make a big difference in how your business is perceived. As you send business e-mail to customers, suppliers and others, consider regular touches that help market your business.
Tracking devices deliver real-time information on the location, activity and mobile inventory of your vehicles, which improves business performance and customer service. These devices also provide valuable protection in the event of vehicle theft and recovery. Many insurance companies offer special discounts if you use one of their approved vendors.
When it comes to commercial or business insurance trends make sure you keep us in mind. Our goal is to partner with you to develop the best possible combination of coverage, price and service.
Fireworks during the Fourth of July are as American as apple-pie, but did you know that two out of five fires reported on that day are started by fireworks, more than for any other cause? So you think it cannot happen to you? Here are a few facts:
In 2017 over 9,800 people went to the emergency room as a result of fireworks related injuries. There were an estimated 15,700 reported fires started by fireworks. These fires resulted in an estimated eight reported deaths, and $32 million in direct property damage. This is why it is a good idea to have a free home insurance review and quote, call us today!
Fireworks Safety Tips
Buy fireworks only from licensed vendors
Never combine fireworks
Obey all local laws
Never have any portion of your body directly over a firework while lighting
Never relight a firework
Don’t smoke or drink while lighting fireworks
Soak used fireworks in water before placing in trash
Make sure there is parental supervision
Never experiment with homemade fireworks
Use fireworks outdoors, in a safe area away from dry grass and buildings
Keep a fire extinguisher, bucket of water, wet towels and a garden hose nearby
Light one firework at a time - then move back quickly!
Never shoot fireworks from metal or glass containers
Never carry fireworks in your pocket
Never point or throw fireworks at people or animals
Clean up all used fireworks including debris
“Fireworks and celebrations go together, especially during the Fourth of July and year end celebrations. Remember, fireworks can be dangerous, causing serious burn and eye injuries. You can help us prevent fireworks-related injuries and deaths” Consumer Products Safety Commission. Enjoy the holiday; we live in a great country, happy birthday America!
In a search for happiness, many people look for it in other people and not within ourselves. Many people feel that things like money, a better job, better relationships..etc will make them happy. In reality, to find true contentment you must look inside yourself and learn to be your own best friend. That means you have to trust, love, and care for yourself just as you do the people you consider to be close to you. Following are steps that you can incorporate into your life that will help you to feel more empowered and happy about yourself!
Begin to lift yourself up, not put yourself down. If you don’t like something about yourself, work to change it. If you can’t change it, simply accept it. Don’t beat up on yourself with negative self-talk. You’re not likely to change for the better when you fill yourself with negative thoughts.
Give yourself positive rewards. When you do something that you are proud of give yourself a small reward. Try not to wait for others to praise you because you may grow resentful if the praise doesn’t come. Pat your own back, it is a great feeling that can stay with you for a long time.
Forgive yourself. I doubt that you would keep scolding a child over and over for making a mistake so don’t do that to yourself. Give yourself the gift of forgiveness when you make a mistake. After that, work to figure out what lesson you can learn, and use it to make better choices the next time around.
Enjoy your successes. Most people can remember all of the details of depressing, painful or even embarrassing events that happened many years ago. What if you did the same thing with all of your wins? Try to remember all of the triumphs and accomplishments that you’ve made and keep that memory with you and think about it at least once a week. Consider writing them down too.
Always remember to celebrate your wonderful qualities! You will soon discover that the more you love yourself, the more you will be able to give love to others – and the more others will be able to love you!
Thanks for choosing Wadena Insurance, a Strong Company.- We know you have many choices when purchasing insurance and we want to thank you for choosing us as your insurance agency. As a professional insurance agency, we pride ourselves on maintaining long-term relationships. Please keep us in mind when your family and friends are looking for a referral!