Category: Business Insurance (12 results)
Crime Insurance for Condo Associations
A condo association manages all funds and contracts on behalf of its membership, and individual board members and property management personnel are entrusted with a high degree of care. Unfortunately, it’s possible for memberships to blindsided by crimes committed by these individuals who are in a unique position to rob or defraud them. Because of this unavoidable risk, condominiums need… read more
How Insurance Can Help Reduce Risks for CBD and Cannabis Distributors
CannGen_How Insurance Can Help Reduce Risks for CBD and Cannabis Distributors The cannabis industry is growing rapidly. Medical cannabis is legal in 33 states, and recreational marijuana is legal in 11 of those. It takes a lot of product to meet the needs of consumers in that growing market. Distributors of cannabis and CBD products face several unique risks associated… read more
Now’s the Time to Buy Grower’s Insurance
The meaning of the word “essential” has changed drastically in only a few months, and one such industry that seems to be up in the air is the cannabis industry. Since things are so uncertain right now, it’s a better time than ever to invest in cannabis insurance. What is Offered? There are plenty of different services covered beyond what… read more
3 Types of Contractor Insurance
Businesses engaged in overseas government contract work present a complex risk profile. Knowing the right level and type of insurance needed is crucial. Contracts may reference terms like dba insurance or mei coverage with little or no explanation. As noted at Moody insurance, avoiding gaps in global or international liability coverage requires attention to policy details. Here’s an overview of… read more
Dont Be Afraid to Expand Your Dry Cleaning Business
If you run a dry cleaning service, you may be worried about your profits. After all, throughout the country, there is a dip in the use of dry cleaners. This does not mean that you should give up on your company, however. There are ways for you to revive your company and to expand to boost your profits. Custom Services… read more
Buying Your First Business Insurance Policy
Buying a policy for the first time when starting a business can be a process of learning what you didn't know you didn't know. Often, entrepreneurs learn about some of their risk exposures and liabilities through the effort to properly research and purchase insurance. There are a variety of ways to make this process easier, from working with industry-specific agents… read more
One Policy Is Not Enough To Protect Your Business
The number of lawsuits businesses face increase each year, which is why insurance policies are necessary. Some of the standard policies can appear similar but are actually different. For example, when choosing D&O vs E&O, which do you need? The simple answer is that you need both. The Similarities and Differences of the Policies The main area of focus for… read more
Scouting The Market For Amazing Insurance Since 1914
You shouldn’t rely on any average insurance agency when it comes to protecting what you care about most. You need a company with a proven success like the Moody Insurance Group. This independent agency is a division of the successful Moody & Associates company and has offered families and businesses around the world with superior coverage since 1914. The different… read more
How To Find the Best Dry Cleaning Service
If you have special clothing for formal events or business functions, or simply enjoy dressing in high-quality garments, then you most likely benefit from the services of a professional dry-cleaning business. These businesses are often used for specialty linens around the home that cannot be easily thrown in a standard washer and dryer. However, if your favorite shop closes or… read more
Filling in the Gaps With Proper Coverage
Filling in the Gaps With Proper Coverage On the surface, D&O insurance sounds similar to professional indemnity, as they both protect your business from claims of negligence and wrongful acts. However, the difference between directors and officers insurance v professional indemnity is large enough that you may need both to fully cover your business. Professional Indemnity Insurance Professional indemnity insurance… read more
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