Whether you run a small plumbing business with a few employees or operate as a sole trader, there’s much to consider when it comes to insurance. Not only do you have to safeguard your work to ensure minimum liabilities, but you’ll also want to consider additional risks like accidents on the job, defective products and wrongful advice. Here are some considerations when planning insurance for your plumbing business.
Consider Your Core Plumbing Risks…
Worker’s compensation is a type of insurance plan that employers have and which covers the medical and other such expenses of their workers if they’re injured on the job. Filing for worker’s compensation is your right if you’ve been injured on the job, and only an attorney can tell you if you have a valid claim to this type of compensation. However, note a few misconceptions you should keep in mind about worker’s compensation and then discuss these with an attorney so you better understand your legal rights.…
When you own and operate any type of commercial truck, you need to carry certain forms of insurance and of course you don’t want to be too skimpy with the coverage you buy. You may think you’ll never get into an accident but even one supposedly minor collision can be costly in terms of damage to your truck and your cargo. While you want to carry certain insurance coverage and certain amounts, there are some ways to save on this coverage overall.…
As a landlord, it can financially hurt if your tenants don’t pay the rent. Luckily, there are ways to help avoid that scenario and insure you collect the rent. If you want consistent monthly rental income, check out these five tips:
1. Screen your tenants.
Do not just rent out your investment property to the first person who shows up with a cheque for the deposit. Instead, make sure that you screen each applicant carefully.…
