Have questions about business insurance, claims or certificates? We’ve got you (and your business) covered.
Can my personal auto insurance extend to my business vehicle?
The short answer is it depends. There are various scenarios where the personal and business use of vehicles can overlap. So, it's essential to make sure you understand your coverage clearly. Personal auto insurance As the name suggests, personal auto insurance can provide coverage for a vehicle used in a personal capacity. Some insurers can permit an "endorsement" to facilitate the business use of a personal vehicle. This can allow you to drive your vehicle as usual and for business use. But if you have separate personal and business vehicles, your personal auto insurance will likely not cover an accident that occurred while you were driving your business vehicle. » Here's when you need business insurance coverage for your personal car Commercial auto insurance Commercial auto insurance coverage is specifically designed for the business use of vehicles. It can cover business-owned vehicles and employees that are named drivers. Coverage can extend to things like: Property damageMedical expensesTowing costsTransporting equipment and goodsVehicle replacements where breakdowns occurHired vehiclesUnderinsured motorists in the event of an accident If you're self-employed or own a small business, and you're primarily using a vehicle for business purposes, commercial auto insurance can help you avoid financial losses. » Learn more about personal auto vs commercial auto insurance Which insurance is best for you? Before choosing auto insurance coverage, consider factors like the type of business, how often the vehicle is used for business purposes and the number of employees who will be driving the vehicle. You can get a customized insurance quote with NEXT to find the best and most affordable option for you. Follow our easy online process to get an instant quote online. » Save money on commercial auto insurance Can I change my car insurance to business use? Yes. You can contact your insurer to enquire about what business use is allowed on your personal auto insurance policy. Alternatively, you can consider getting commercial auto insurance which is specifically for business use of vehicles. Do I need business car insurance as a sole trader? Sole traders that transport goods, equipment, and people as part of their business should consider getting business car insurance to make sure they have appropriate coverage. Is commercial auto insurance tax deductible? Business-related expenses arising from the use of commercial vehicles are tax deductible.
Asked 2 months ago
Host liquor liability vs. Liquor Liability insurance: What's the difference?
Liquor insurance can help protect a business or event host from liability if a patron becomes intoxicated and causes harm to themselves or others or damages property. Without liquor insurance, a business can be held responsible for any incidents that occur and may face large financial settlements or lawsuits. But what exactly are host liquor liability and liquor liability insurance? What is host liquor liability insurance? Host liquor liability insurance can cover a business (or individual) that sells or serves alcohol at a private event. This insurance is typically short-term and is aimed at businesses that don't make, sell or serve alcohol. Host liquor liability insurance help can protect you from: Damages or injuries resulting from serving an intoxicated person. Claims by third parties who may have been injured or suffered property damage because of the actions of a patron who was served alcohol by you.Legal defense costs and any settlement or judgment awarded to the plaintiff. So, if you're hosting a wedding reception, a fundraiser or a company event and you're serving alcohol, host liquor liability insurance can be the safety net you need. What is Liquor Liability insurance? Liquor liability insurance can provide coverage for businesses that make, serve or sell alcohol to customers and can protect them from losses if they're sued for injuries caused by someone who was served alcohol on business premises. But if you don't have liquor liability insurance and get sued, the expenses associated with the lawsuit can come out of your pocket. Benefits of Liquor Liability insurance Liquor liability insurance can help protect your business by potentially covering your: Legal costs: These are expenses associated with pursuing or defending a legal case, such as hiring a lawyer, filing fees and court costs.Settlements or judgments: These can include payment of damages, compensation for medical expenses or reimbursement of legal fees.Repair costs to fix property damage: Costs related to property damage can be covered by insurance.Medical bills to treat an injury: Medical costs associated with treating injuries can be covered. Protect yourself and your business with NEXT NEXT is committed to small businesses and specializes in insurance for restaurants and other professions. Just answer a few questions online to get your instant quote. Restaurant owners can add liquor liability insurance to their general liability coverage in less than 10 minutes. » Running a restaurant? Explore your food and beverage insurance options
Asked 2 months ago
Is Liquor Liability insurance a legal requirement?
Liquor liability insurance is a type of business insurance. It can provide coverage to businesses that make, serve, sell or distribute alcohol, such as restaurants and other food service businesses. Liquor liability insurance is a legal requirement in states with dram shop laws that hold businesses responsible for injuries or damages caused by intoxicated individuals. Liquor liability insurance can help protect your business from claims related to assault, drunk driving and property damage caused by someone who was served alcohol at your business. It can also help cover losses ranging from: Legal costs: Expenses related to pursuing or defending legal action, such as hiring a lawyer, filing fees, court costs, etc.Lawsuit settlements: If you reach an agreement with the other party where they will drop the lawsuit in exchange for a sum of money or other compensation.Medical bills: If a customer or patron breaks an arm or a leg due to alcohol intoxication on business premises, related medical expenses can be covered.Cost to repair property damage: Costs associated with property damages can be covered under a liquor liability insurance plan. Get Liquor Liability insurance with NEXT NEXT specializes in small business insurance for the food service industry, including liquor liability insurance. You can easily add coverage to your general liability insurance if you are a restaurant operating in the United States. Start a quote, customize your options and access your certificate of insurance online immediately — in about 10 minutes. Start your instant quote today.
Asked 2 months ago
Do self-employed architects need Errors & Omissions insurance?
Errors and omissions (E&O) insurance can be beneficial for self-employed architects. If you're in a situation where your client claims you damaged their property or a mistake in your plans caused them any financial loss, E&O insurance can help protect you. Cover financial losses By having E&O insurance in place, you can protect yourself against the financial risks of being held liable for mistakes or negligence accusations in your work. For example, you can be held responsible for: Incorrect measurements: Custom-sized glass was cut for the windows in a new apartment building, but your measurements on the plans were wrong and the glass doesn't fit in the windows.Claims of negligence: Someone files a lawsuit claiming your plans failed to considered important elements outlined in the scope of work. Avoid legal costs E&O insurance can help to cover any legal expenses, settlement fees or judgments awarded by the courts if your client decides to sue. Sometimes, your legal fees can be more than the actual cost to fix your mistake. Be above your competition Having E&O insurance shows potential clients that you’re serious about your profession and committed to providing quality service. This is especially important when competing for new business as it demonstrates that you have taken the extra step of protecting yourself, your business and your client’s interests. Customized insurance designed for architects Our unique and flexible architect insurance means that you can find an insurance package designed just for you. Simply answer a few questions online to review options, select the coverage you need and get 24/7 access to your certificates of insurance. You can rest easy knowing your business is protected and focus instead on doing what you do best. » Get an instant quote from NEXT
Asked 2 months ago
Who can claim Workers' Comp benefits after an employee death?
When a family member passes away due to a work accident, this can have a significant impact on family members, both emotionally and financially. Death benefits exist to provide relief during these difficult circumstances. We understand that losing a loved one who was the main source of income can be a difficult time. If you or someone you know relied on their income to cover everyday expenses, they may be eligible to receive workers' comp death benefits. Our team is here to support you during this process. To determine eligibility, we may need additional evidence to support the claim. A dedicated claims examiner will be assigned to assist with the case. » Here's how to file a workers' compensation claim Primary Workers' Comp beneficiaries Spouses, partners and children are defined as typical dependents. They're entitled to "survivor benefits" that usually pay either a lump sum or a structured benefit package. Spouse: The widowed husband or wife becomes the primary beneficiary. Children: Minors may be entitled to claim death benefits. Older children may be entitled to a claim if they were still living at home or unemployed (criteria vary between states).Live-in relatives: An elderly relative living with the deceased may be entitled to a claim. Other Workers' Comp beneficiaries In the event that there are no primary beneficiaries, death benefits can be distributed to others, including: Partial dependents: Adult children and relatives may qualify as partial dependents.Next of kin: The closest living relative of the deceased. We understand that navigating death benefit claims can be overwhelming and the laws surrounding them can be confusing. Rest assured, the NEXT team is here to help you every step of the way. Every family situation is unique, and most states have established procedures to handle these claims fairly. Let us help you navigate the process and secure the benefits that you or your loved ones may be entitled to. Separated: Spouses that are separated but not divorced are still viewed as beneficiaries and may be entitled to death benefits. Divorced: The divorced partner has no right to death benefits in the majority of cases, but an ex-spouse may partially qualify subject to state laws.Unmarried partners: Death benefit payouts for unmarried partners are not common in many states. It's crucial that both you and your partner have a Trust of Will in place.Stepchildren: If stepchildren were financially dependent on the deceased, they may receive compensation.Estranged children: If there was proof that an estranged child was depending on their deceased parent financially, they may qualify for benefits. Consider your state's specific timeline It's important to file your death benefits claim as soon as possible within the specified timeline. Most states allow claims to be submitted within one to two years after the death, but it's important to confirm the deadline in your state to avoid any potential rejections. NEXT is here to help make the process as smooth and stress-free as possible. Once you file your claim, it will be given priority and handled promptly to help alleviate any difficulties faced by dependents. The goal is to provide support during a difficult time and get the benefits you are entitled to as soon as possible. Be prepared with NEXT Insurance At NEXT, we believe in transparency and honesty. Being truthful when filing a claim will ensure an easy claims process that pays you the compensation you're entitled to fast. Our dedicated claims examiner will provide personalized support and guide you through every step of the process. » Easily cover your employees with NEXT's workers' compensation insurance
Asked 2 months ago