Business Insurance Archives - Page 8 Of 8 - Otterstedt Insurance Agency

Condo Owner’s Policy Vs. Condo Association Insurance Policy: Key Differences

Written on June 19, 2017.

Condo owners have different insurance needs than traditional homeowners. In addition to insurance that covers your individual unit and personal possessions, the condo association itself will have an insurance policy. Some condo owners believe the association’s policy is all they need to...

Does My Company Need Data Breach Insurance?

Written on May 30, 2017.

When you have a data breach and your business is a victim of a cyber-attack with a resulting data loss, it’s important to take quick action to restore public confidence in your company. Data breach insurance is not a new coverage and has been around for over a decade. However, few...

Long Term Effects of Insurance Fraud

Written on February 24, 2017.

People working in the insurance industry will be quick to tell you any number of insurance fraud tales. From arson and staged car wrecks to bogus slip and falls, fraudsters have a lot of creativity when it comes to insurance fraud — and this is seriously costing the American consumers a...

4 Important Points of a Commercial Umbrella Policy

Written on January 17, 2017.

A commercial umbrella policy is designed to provide coverage when you have expenses that are not covered by your current liability insurance policy. This type of insurance basically ‘picks up’ where your business liability coverage stops and provides you with extra coverage for...

What is Business Personal Property Insurance?

Written on December 28, 2016.

Owning a business is a big investment. It takes a lot of hard work, time, and money to get a business off the ground and running. It takes even more of all three combined with some degree of luck to make your business grow. It’s important to protect the investments of time, energy,...

What Insurance Do You Need as a Landlord?

Written on October 25, 2016.

Most people who make the decision to invest in rental properties and become landlords do so as part of a long-term plan for investing in their future. You probably saved for quite a while to purchase that investment property. Now it’s time to protect it and your other financial interests with...

4 Common Business Insurance Claims

Written on September 29, 2016.

As a business owner in today’s fast-paced climate you have a lot on your plate. It’s not all about operating your business, though. You must take steps to protect your business as well. With that in mind, getting insurance is a great way to help your business survive the ups and downs that...