Have questions about business insurance, claims or certificates? We’ve got you (and your business) covered.
Does Toy Store insurance cover theft of merchandise?
Great news — yes, toy store insurance can cover stolen merchandise. Statista reports that over 10% of retail businesses in the United States faced an average inventory shrinkage rate of 3% or more in 2021. So, as a toy store owner, the right coverage can help prevent revenue loss that inventory changes can cause, including shrinkages from theft. » Looking for help? Check out this retail loss prevention guide How can Toy Store insurance protect against theft? Toy store insurance can include commercial property insurance or business personal property insurance. This can provide cover for: Internal theft (by employees)External theft (by customers or others) Retail insurance, which toy store insurance can fall under, also offers protection against theft because it can include commercial property insurance. We recommend reviewing your policy details to understand the extent of your coverage. Understanding your Toy Store insurance coverage Toy store insurance coverage can help with potential income losses because of theft. With NEXT, you can find the right, tailored coverage for your store. To view your options, simply apply online and get an instant quote in less than 10 minutes. Plus, you'll have instant access to your certificate of insurance once you purchase coverage, and you can share it 24/7 with the NEXT app.
Asked 6 months ago
What insurance do you need for a landscaping business?
Landscaping business owners often consider these types of business insurance: General Liability insurance General liability insurance is a useful place to start. This type of coverage can help protect you from claims of: Third-party bodily injuryProperty damageReputational harm With general liability, you can get help with repair or replacement costs if you damage property that doesn't belong to you. Or if a client slips and falls on your equipment, this coverage can help with their medical expenses. » Want to know more? Find out the common landscaping business insurance claims Errors & Omissions insurance Errors and omissions insurance is also known as professional liability insurance. This can typically help with the following: Claims of negligence, such as if you plant a species that harms local wildlife Legal fees due to business mistakes, like if one of your employees uses incorrect materials or doesn't follow the client's quoted specs Commercial Property insurance Your landscaping business may have some costly assets, which can include: Equipment — mowers or trimmers. You can also opt for tools and equipment insurance to specifically cover work-related tools.Property — garage or storage shed Commercial property insurance provides assistance with repairs or replacements of the equipment and physical properties in case of instances such as: TheftVandalismNatural disasters, like windstormsEquipment breakage caused by faults Workers' Compensation insurance If you have employees, a legally required policy is workers' compensation insurance. This can include cover for the following: Employee injuries on the jobLost employee wagesEmployers liability if someone files a lawsuit against you for a work-related injuryRetraining For example, if an employee experiences any bodily injury while using power tools, workers' comp can help. Help protect your landscaping business with NEXT To help avoid financial losses, reputational damage and unsatisfied clients, you can invest in comprehensive insurance. And NEXT makes it easy to find the cover you need. NEXT offers fast, affordable and tailored landscaping insurance. To view your options, simply apply online and get an instant quote in less than 10 minutes. Once registered, you can instantly get your certificate of insurance and share it 24/7 with the NEXT app.
Asked 6 months ago
Does Amazon Seller insurance cover loss of inventory?
Yes, Amazon seller insurance can cover loss of inventory. Zippia research points out that 1.6 million packages are shipped daily with Amazon. That's a lot of inventory, right? But what happens if you experience a loss of inventory and you can't make sales? » Want to know more? Check out examples of Amazon seller insurance in action Amazon Seller insurance Amazon seller insurance can help in case of financial loss due to inventory loss. This is because the coverage can include a commercial property policy, which can help cover inventory replacements if the following happens: TheftVandalism or damageFiresWater damageOther related risks Other useful policies Although a commercial property policy can cover inventory-related losses, Amazon seller insurance can include or have other beneficial policies added. General liability insurance: This coverage is typically required by Amazon before you can sell. It can help in case of third-party injury or property damage.Product liability insurance: As an add-on to Amazon seller insurance, this can help if your business is sued for harm or property damage caused by your products. Protect your Amazon business with NEXT To ensure you have the right blend of policies, consider the value of your inventory, research policies to find the best fit and look into providers' customer reviews. And why not let NEXT help give you peace of mind? Our licensed U.S.-based advisors can guide you in tailoring your Amazon seller insurance so it's as comprehensive as you need. To view your options, simply apply online and get an instant quote in less than 10 minutes. You can then get your certificate of insurance and share it 24/7 with the NEXT app.
Asked 6 months ago
Does Amazon Seller insurance cover loss of income?
Luckily, yes, but it depends on specific circumstances. According to a report by Jungle Scout, 89% of Amazon sellers are profitable. But what happens if you face unexpected circumstances that lead to loss of income? With Amazon seller insurance, you can help protect your income. How Amazon Seller insurance can cover lost income Amazon seller insurance can include multiple policies. Many Amazon sellers consider commercial property insurance, which can help with business income and other operating expenses if you have to shut down operations temporarily because of a covered event, such as water damage. There are all sorts of headwinds you could face selling on Amazon. For example, say you're running an e-commerce business that sells headphones. A a structure fire hits the area where your storage unit is and all of your inventory is ruined. An Amazon seller insurance commercial property policy can help cover the lost income if you are forced to stop business and help replace your goods and property. » Check out everything you need to know about Amazon seller insurance Amazon Seller insurance made simple with NEXT Don't let unexpected events put your business in a bind or leave you desperately trying to scrape together money to cover your expenses. NEXT can help you with tailored, affordable business insurance to give you peace of mind. To view your options, simply apply online and get an instant quote in less than 10 minutes. Once you've chosen your coverage, get your certificate of insurance and share it 24/7 with the NEXT app.
Asked 6 months ago
What types of insurance do beauty salons need?
Opening the beauty salon of your dreams can be incredibly rewarding. However, it also requires that you take the necessary steps to protect your business. One of those steps is ensuring you have the right business insurance in place. Like many small business owners, beauty salon owners are susceptible to various risks, so having the right insurance can provide protection when a claim is made against your business. Remember that you may need additional coverage depending on your salon's location and what services you offer. However, most salons may need the following: Liability insurance Liability insurance is essential for your business, offering protection against unforeseen risks and financial losses. Two key types of coverage to consider are general liability insurance and professional liability insurance. By securing both, you can mitigate risks, safeguard your finances and provide reassurance to your customers. 1. General Liability insurance General liability insurance can help cover a variety of risks: Damages to property that doesn't belong to you.Potential client claims relating to things like slip and fall injuries and reputational harm.Legal fees and defense costs. 2. Professional Liability insurance Professional liability insurance can cover claims of negligence or misrepresentation and any mistakes that occur during your regular business operations, such as complaints about the quality of services provided or errors in the advice you've given. It can also cover legal defense costs to hire the necessary representation to defend your business. In a beauty salon context, professional liability insurance can cover damages caused by: Incorrectly dyeing or cutting a customer's hair.A customer's skin reacts negatively to products used during treatments.Problems with waxing services. Workers' Compensation insurance Workers' compensation insurance can protect your business and employees in the event of work-related injuries or illnesses. It can help pay for lost wages, medical expenses, retraining, permanent injury benefits, and survivor benefits. You can also be protected from financial losses if an employee file a lawsuit against your business. » Discover who should file a workers' comp claim: Employer or employee? Protect your beauty salon with NEXT By investing in the right beauty insurance for your salon, you can protect not only your business but also yourself as the business owner and your employees. Easily get a customized insurance quote from NEXT that takes all your profession's needs into consideration. » Sorted your insurance needs? Follow these tips to grow your beauty business
Asked 6 months ago