Every business owner knows that they need commercial insurance. It helps protect their investment, livelihood, and hard work – but how? As a business owner, you should know how valuable coverage can save your company. Here are just a few ways.
If one of your employees is injured in the course of their work, your workers’ compensation insurance will step in to help. This coverage will help to pay for their medical fees, rehabilitation costs, and lost wages while they are out of work. Keep in mind that every business is at risk of employee injury, from trips and falls to musculoskeletal disorders, and more. Even if you only have one employee, you still need to take out this coverage.
If you are competing for business with other similar companies, you can increase your credibility by maintaining the right levels of insurance. Many companies do not have the correct insurance policies in place to protect themselves, their employees, or customers. It is becoming more and more popular for large brands to only work with businesses that take actionable steps in protecting themselves and others in the form of insurance.
A common and vital coverage for every business is general liability insurance. Even if you think your business has a low risk of being involved in a liability claim, it is always better to have the coverage in case the unexpected does occur. If a guest falls on your property and injures themselves, or your employee accidentally damages someone’s property while on the job, your business could be held liable for all associated expenses. General liability insurance helps to cover these costs as well as legal defense fees if the person decides to sue. Since these issues can often extend to hundreds of thousands of dollars, your business is protected from these costs with general liability coverage.
Whether you rent a small office or own a large warehouse, you need to protect the property your business uses. From the structure to the furniture, electronics, and inventory, your business needs all of these components to run smoothly. Property insurance helps to protect these from damage such as fire, theft, vandalism, and natural disasters. For example, if a fire tears through the building and destroys your inventory and part of the property structure, you can rely on this coverage to help repair and replace so that your business gets back on its feet as soon as possible.
Securing the right business insurance doesn’t have to be difficult. The right agents are here to help you. For the right workers’ compensation insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage. We are ready to assist you with all of your insurance needs.
Winter is coming and with it comes cooler temperatures and the potential for storms to wreak havoc. If you haven’t properly prepared your property for these cooler months, then now is the time to do so. Leaving your home unprepared could result in property damage and digging into your pockets to get back on your feet. Take a look at these tips on how to prepare your property and prevent damage during fall and winter.
If there are leaks in the windows, then you can expect a chillier home this winter. There are many seal repair kits available at local hardware stores that will stop breezes flowing through your windows. Do the same for doors – check if there are leaks and seal them up. If a window is improperly sized, cracked, or broken, it may need to be replaced. Doing this helps to keep the cool air out in winter and the warm air inside.
Every six months, replace batteries in all the detectors in your home. Test them to ensure they are in good working order. Remember that you should have an alarm on every level of the house. If you do not have a fire escape route planned out, now is the time to draft one up.
With fall comes cooler temperatures. One of the main vulnerabilities in cold weather is pipes. However, winterizing pipes is one of the easiest, most valuable ways to protect your property over winter. Fit insulation around pipes to prevent them from freezing. Give priority to the pipes that are closest to the outdoors and are exposed, such as those in the garage and underneath the sink. Now is the time to turn off the water to any area that won’t be used, and to check pipes for cracks that could grow into a significant leak.
Trees, believe it or not, can cause a great deal of damage come winter. Wind from winter storms and the weight of snow and ice combined with cold temperatures causing branches to break can crash into your home. To avoid this, trim dead and dying branches around your property. If you have tree limbs hanging over your home, now is the time to remove them before they crash down. It’s also important to keep water away from your home. Ensure the gutters are clear of debris and that downspouts are directed away from the home’s foundation.
A roof inspection may not be on the top of everyone’s fall maintenance checklist, but it should be. Your roof is the first line of defense against harsh winter weather, and you want to be sure it is up for the task. Take a look to see that the roof has no broken tiles or cracks. Any missing shingles should be replaced immediately, as the last thing you want in winter is rain coming in through the roof. Checking the roof also gets more dangerous the wetter and colder it gets, so it’s best to check it now before the weather turns.
No one wants their home to be damaged by cold weather or to submit an insurance claim in winter, for that matter. But just in case you do face this situation, you will want to know exactly what your policy covers. Give your insurer a call to go over the specifics of your policy and make sure you ask about common winter damage. This could unearth some key coverage that you are missing but you thought you had. Fill in the gaps with riders or extra insurance to ensure you are covered.
How are you protecting your home from fall and winter damage this season? Let us know! Want another great way to protect your home? Secure reliable homeowners insurance that protects you through disasters. Call one of our trusted advisors at Abatelli Group, Inc. We are ready to get you the protection and peace of mind you need.
Workers’ compensation is often a daunting and downright confusing coverage for business owners. As a professional, you may already have enough to think about beyond this coverage and what it does. The question arises, what about those business owners who go it alone? Do the self-employed need workers’ compensation insurance? The answer is never a simple yes or no, so here is what you need to know.
Whether a self-employed person needs workers’ compensation will depend on your local and state laws. In New York, workers’ compensation insurance optional for most self-employed workers. If you are self-employed or a sole proprietor of a business in New York, you do not need workers’ compensation insurance if you do not have any employees. However, sole proprietors could still benefit from a workers’ comp policy through lost wages coverage after an on-the-job injury. Self-employed persons can choose to carry workers’ compensation coverage, providing additional insurance in case of a workplace injury or disability.
If you are a roofer or self-employed individual in other highly hazardous fields, you may need to obtain a workers’ compensation policy for your own injuries. What’s more, If you work as a general contractor or a subcontractor, you may have to buy workers’ comp insurance if the contract you signed requires it.
If you qualify for workers’ compensation insurance as a self-employed individual, you will need to use a licensed insurer who has the proper authorization to develop workers’ compensation policies. It’s recommended that you research coverage and different insurance companies before making a decision. Many insurers will not sell workers’ compensation to a self-employed individual as they do not view it as a worthwhile investment. That is why it is so important to work with a trusted professional who has your best interest in mind.
Keep in mind that even if you do not qualify for workers’ compensation insurance, you may still require some forms of insurance as a self-employed person.
Although it’s tempting to think of workers’ compensation as a hassle and a drain on your business budget, the insurance will act as a safety net if you do suffer an injury on the job. If you suffer a catastrophic injury in a fall or experience an illness as a result of the work you do, your insurance policy will provide the extended disability coverage you need to get back on your feet. The financial support gives you peace of mind that you’re covered if a serious injury happens on the job.
Securing the right workers’ compensation doesn’t have to be difficult. The right agents are here to help you. For the right workers’ compensation insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage. We are ready to assist you with all of your insurance needs.
There’s no doubt that coronavirus has impacted homeowners, businesses, communities, and the rest. While businesses are working out how to recover, as a homeowner, it’s also worth knowing how COVID-19 has impacted and will continue to impact your home insurance. Here is what you should know.
Home insurance inspections
If you need to purchase home insurance right now, whether you’ve just bought a new home or you’re shopping for a better policy, you might need to have a home inspection as a condition of the policy. However, a professional may not be able to visit your home during this time. As a result, you may be asked to record a video of the rooms around your home on your smartphone and send it to the insurer. If a professional is able to visit, you can expect them to maintain social distancing during the process.
Creating a claim
If the worst does happen, you may need to file a claim. If you do experience damage and an appraiser is unable to visit your property, many insurance companies offer virtual inspections to limit the people in your home and to speed up the processing. If there are repairs that need to be made, essential workers such as plumbers are able to help.
If you’re having trouble making payments…
If you’re a homeowner who has suffered from the pandemic financially, you may be having trouble paying your monthly home insurance. If this is the case, talk to your home insurance provider as soon as possible to work out how to handle manageable payments.
Auto insurance is there to help protect our pockets and vehicles when we need it the most. While many of us have this reliable coverage, not all of us understand what it does and does not cover. Lawsuits are a common part of getting into a car accident, with many drivers suing others for damages and injury. To understand if your auto insurance can help you with these fees, read on.
In short, car insurance can help to cover some legal fees. If you are being sued, then your car insurance company should cover legal fees and be able to hire an attorney on your behalf. If you are suing someone, however, then you will need to find your own lawyer and pay your own associated legal expenses. However, if you win the lawsuit, then you may be able to collect these legal fees from the at-fault party.
Many business owners purchase insurance and hope that they never have to use it. They walk away from the transaction not fully understanding their coverage – or their coverage limits. In order to keep costs reasonable, your insurance company will set insurance limits of liability. Liability insurance covers the costs of damages you’re responsible for causing. It’s in your best interest to understand the basics about the liability limits so you know where your business stands.
Insurance rates are determined by assessing risk or the likelihood of a claim being filed, as well as the maximum amount that may be paid if such a claim were to be filed. In essence, if it’s likely that the insurer will pay out a significant settlement in the future, the premiums will be higher.
If a claim is so extensive that it maxes out your policy, your business can be held responsible for the difference. For example, if you are responsible for $2 million in damages but only carry $1 million in insurance, you may have to pay the remaining $1 million out of pocket.
Generally, carrying more coverage with higher liability limits helps to protect your business. However, you will want to ensure that the price of coverage still fits within your budget. If you operate in high-risk environments or industries, you are usually better suited to higher minimum liability insurance limits.
For the right commercial property insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!
After a long period of COVID-19 disruption in our lives, as well as looting from recent protests, business owners are just about to get back on their feet. Recovering from a pandemic as well as civil unrest may not be easy for every business owner, but there are a few things that you can do to help make the transition smooth.
Take a look at your finances. If you haven’t already, take a look at your finances and work out how badly your business was hit from the coronavirus and riots. You may have had financial support from the government which tied you over for a couple of months, but now you need to work out how fast your business needs to recover. Whether you lost income or had to lose employees, ensure you understand your new financial picture.
Adapt your operations. Recognize that what worked pre-coronavirus may not work in our new normal. Assess whether you need to change operations to make your business more successful. For example, do you offer delivery so customers can order online from the safety of their homes? If you used to rely on foot traffic, now may be the time to rethink practices to ensure your products are reading people.
File a claim if needed. If recent protests meant that looters raided your store or vandalized your property, you may be able to claim on your insurance. Civil unrest is typically included in commercial insurance coverage, which means you can have help recovering from looters.
Smart business owners know that they need to have an active, hands-on approach to repair their business after the coronavirus and riots. To help, your insurance can repair and replace belongings that were damaged because of looking. For the right commercial property insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!
Animals are our heroes – not only do they provide us with love and comfort, but they truly are companions to the end. A growing body of studies confirms that pets aren’t just fun to have around the house – they can actually improve our mental health.
Take a look at just a few mental health benefits of having a pet in the house:
It’s not just that pets help you to build a wider social network – many people have pets as companions. They make you happy, give you a routine, and are great company. Having a friendly face at home can help stave off common mental health problems caused by being lonely.
Pets are very valuable to those that have long-term mental health issues because they offer support and provide a welcome distraction from symptoms or upsetting experiences. They also give you lots of encouragement and companionship, even when other relationships might be limited or strained.
Having a pet helps to teach us valuable skills, such as empathy and recognizing emotions in animals. These skills can also be used to help us care for other animals and humans.
A lot of effort goes into keeping pets healthy and happy. With that comes a proud feeling that we get when we see our pets thriving. In turn, this helps us to boost our self-esteem.
Do you have a pet at home? Let us know how he or she brightens your day! If you’re looking for personal or commercial insurance during this time, call one of our trusted advisors at Abatelli Group, Inc. We are ready to get you the protection and peace of mind you need.
We’re all spending a bit more time at home lately. Between working from home and cooking every meal, it’s important to find a bit of peace of quiet in our homes. Self-care is a term often thrown around, but it is really just about creating a space that makes you feel comfortable at ease. So, why not create a self-care sanctuary at home that allows you to relax and unwind?
Choose the right spot. The first step in setting up your self-care sanctuary is to designate a spot in your home where the good vibes will take place. The bathroom and bedroom are ideal spaces for resting. A comfortable chair will also do or perhaps you feel most joyful when in the great outdoors.
Declutter the space. It’s difficult to concentrate and relax in a messy room. Start by organizing your self-care space, removing unwanted items, and organizing surfaces so that there are more clean and clear areas.
Tone down the tech. Even if you want to unwind to your favorite TV show, it’s best to remove as much technology from your self-care space as possible. Unplug for a bit to truly reap the benefits.
Wash the windows. Get rid of dust and grime from inside and outside of the windows to let that restorative natural light flow into the room.
Add in living plants. Happy greenery evokes the calm of nature, looks lovely, and purifies the air. Get started by adding in a spider plant or two, or a nice palm that brightens up the space.
How are you creating a self-care sanctuary in the home? Let us know! If you’re looking for personal or commercial insurance during this time, call one of our trusted advisors at Abatelli Group, Inc. We are ready to get you the protection and peace of mind you need.
Risotto is one of those dishes everyone should have under their belt. They are easy to make and can be adapted for a cold winter night or a fresh and bright spring day. If you’re looking for a quick, cheap, and delicious meal that will please your family, try out this tomato risotto with grilled greens. Ideal for spring, this fresh dish is a great choice.