As you will retire from your business someday, it is prudent to have a good succession plan in place before you approach your retirement date. This plan will guide the business stakeholders on aspects such as who will take over the business, how the successor will handle the changes in the business, and how the[…]
How to Create a Feasible Retirement Succession Plan for Your Business
By Reata Insurance Group Business Apr 28, 2022
If you own a home-based business, then you’re among more than 50% of small businesses backing up the U.S. economy. As with any other type of business, your company faces certain risks that require insurance protection. Unfortunately, your home insurance policy doesn’t cover most business-related risks. Keep reading to learn more about the importance of[…]
Covering Losses with Business Interruption Insurance
By Reata Insurance Group Archive, Business May 18, 2017
Business insurance can help your business make up for any losses it suffers due to a covered disaster. Standard business property insurance covers physical damage to the structure upon which your business resides. Furniture, equipment, and walls destroyed in a fire, storm; stolen, or vandalized. This coverage can help pay the cost of replacement and[…]
How Does Airbnb and Short-Term Rental Liability Insurance Work?
By Reata Insurance Group Archive, Business Apr 06, 2017
Airbnb has made a statement in the hospitality world, but when it comes to your personal belongings, how does liability insurance work? When people host in Airbnb one of their primary concerns is the safety of their belongings. Who’s to say that the ones staying won’t rob them of all their stuff overnight? And what about[…]
The Workers’ Compensation Policy: What Does It Cover?
By Reata Insurance Group Business Feb 23, 2017
Workers’ compensation is a policy that can save your business from going under by protecting your employees. Workers’ compensation can cover the expenses that follow an employee’s work-related injury or illness. This includes immediate expenses such as a quick ride to the emergency room, and more long-term expenses like physical therapy and rehabilitation or missed[…]