Commercial property insurance provides coverage for business property from a range of dangers, such as fire, wind, hail, theft and vandalism. As with most policies, however, commercial property insurance has its limits. There are some incidents and items that are not covered—including a building’s foundation. A building’s foundation and suffer a lot of damage due…
DetailsWhen you’re looking for commercial insurance for your business, you’ll come across insurance agencies offering several different packages. These packages are designed to bundle commercial insurance for a cheaper rate than purchasing individual policies. One of these packages is a business owners policy, or a BOP. A BOP combines property coverage and general liability. This…
DetailsOn average, car insurance costs $1,457 a year in the U.S, which is about $121 a month. New drivers may think that car insurance is simply expensive no matter what, but this isn’t the case. There are many factors that go into calculating the cost of your car insurance. In general, insurance companies analyze the…
DetailsIf you’re wondering whether your business really needs general liability insurance, it’s important to look at the common claims that arise from general liability issues. If you don’t have this coverage, your business—or you—will be paying out of pocket for expensive medical bills, property damage and possible legal fees if an accident occurs. Some of…
DetailsIt’s no secret that homeowners insurance rates can go up right beneath your nose without warning. If your insurance rates are higher than you’d like them to be, Pan American Insurance can help you get a lower price. Why Do Home Insurance Rates Go Up? There are many reasons that an insurance agency might raise…
DetailsCar insurance provides a lot of coverage for nearly every type of vehicle, but even full coverage doesn’t cover everything. When people talk about full coverage car insurance, they’re not referring to a specific type of insurance. Instead, they mean full coverage as in the highest amount of coverage a car can have. Full coverage…
DetailsWhen inviting employees to work within a certain space, employers have a responsibility to make that space as safe as possible. Accidents may happen, but it’s important to avoid preventable injuries. Some jobs, such as contractors and construction workers, are filled with hazards that seem impossible to avoid. For others, however, it’s easy to implement…
DetailsAuto insurance can be confusing when it comes to running a business. Most drivers already have personal auto insurance and believe their work vehicles are covered, but this isn’t usually the case. If you have employees driving personal vehicles or sharing company vehicles, personal auto insurance won’t necessarily extend in case of a loss or…
DetailsCaught between baby boomers and millennials, Generation X can often be forgotten. But members of Generation X are now at the ages where they’re building retirement funds and settling into their careers and homes. They also tend to have more earners in the household than the other generations. Unfortunately, that money often comes with a…
DetailsA BOP, or Business Owner Policy, is a type of business insurance plan. It helps to lump together a variety of individual types of coverage together. It’s also very flexible for many policyholders. Though the base policy does not usually automatically include all forms of coverage you need, you can add to it. One of…
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