For many New Jersey business owners, the differences between Workers’ Compensation and Insurance and Employment Practices Liability Insurance (EPLI) remain unclear and they wonder why their companies require both types of coverage. If you are confused about this matter, or simply on the market for the most cost-effective policies of each kind, now is the…
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Types of Businesses that Benefit from Professional Liability Coverage
At Blue Lion Insurance Advisors, LLC, our New Jersey clients often ask whether their business requires Professional Liability coverage or if Commercial General Liability coverage is sufficient. This is an important question and one our experienced insurance advisors are well-prepared to answer. Contact us now for a free consultation so we can discuss the subject…
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Why Sole Proprietors Need Strong Insurance Coverage
If you believe that because you’re a sole proprietor your needs for Business Insurance are small and simple, you may be making a very costly mistake. Be aware that business dealings, even on a relatively small scale, can involve complex liabilities. The smartest thing to do is consult with an experienced professional in the insurance…
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What Types of Business Insurance Do I Need?
Many people are not aware of the diverse and numerous types of insurance their businesses may need. In New Jersey, Blue Lion Insurance Advisors, LLC is well-prepared to guide you through the process of insuring your business, whether it is a small shop or a corporation, a retailer or service provider, a professional office or…
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Common Business Insurance Mistakes
All businesses require insurance to protect their premises, their equipment, their data, their reputation, and their bottom line, but without the help of knowledgeable insurance advisors, it is easy to make expensive Business Insurance mistakes. That’s why if your business is in New Jersey, you should make a wise choice and consult with Blue Lion…
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Why You Need Cyber Liability Insurance for Your Small Business
After witnessing the damaging cyberattacks that have taken place in large corporations, schools, and professional offices, some small business owners continue to believe that their company is not at risk. This is a serious, possibly catastrophic, mistake. Small businesses, even those with only a single computer, can be shut down by a single cyberattack. This…
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What does Commercial Property Insurance cover?
All businesses, large and small, require property insurance. Whether your company is self-contained or has a massive inventory, as long as you have a location and equipment, you need protection from loss. At Blue Lion Insurance Advisors, LLC, in Red Bank New Jersey, we counsel clients about what kinds of Commercial Property Insurance they require…
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What Happens If My Business Car Is in an Accident?
Car accidents, even when they don’t involve injuries, are jarring and troublesome. This may be particularly true when they involve a business car that doesn’t belong to the driver. Most experienced drivers have been involved in at least one fender bender but may wonder what happens if they damage the company car or if such…
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What Does Business Interruption Insurance Cover?
At Blue Lion Insurance Advisors, LLC, we provide our New Jersey commercial clients with insurance coverage to protect their companies and their employees. One essential type of coverage we offer is Business Interruption Insurance. Because our insurance advisors are unaffiliated with any particular insurance company, they are fully committed to working in your best interests….
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5 Ways to Manage Your Business’s Reputational Risk
Before we count the ways to manage your business’s reputational risk, let’s spend a minute or two understanding what reputational risk is and how the reputation of your company affects your bottom line. Reputational risk is the possibility that uncontrollable external events such as negative publicity or an unpopular or illegal action taken by someone…
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