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Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33 million small businesses active in the U.S. as ...
Contents insurance is insurance that pays for damage to, theft, or loss of, an individual’s personal possessions at home. Some insurance policies also cover items ...
The following are typically covered under a business interruption insurance policy: Profits. Profits that would have been earned (based on prior months' financial statements). Fixed costs. Operating expenses and other costs still being incurred by the property (based on historical costs). Temporary location. Some policies cover the extra ...
A business owner's policy (also businessowner's policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. [1] BOPs are cost-effective and convenient for business owners, as they provide comprehensive protection against common risks like property damage, lawsuits, and income ...
The average cost of PMI is typically between 0.46 percent to 1.5 percent of the original loan amount and generally up to an additional $70 in monthly costs per every $100,000 borrowed.
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