article thumbnail

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Additionally, some commercial leases require tenants to carry specific insurance policies, such as liability coverage or business interruption insurance. Carefully reviewing lease agreements and local regulations will help ensure your business is properly insured.

article thumbnail

What Lies Ahead?: Top Insurtech Trends for 2025 and Beyond

InsuredMine

These products will become increasingly sophisticated, utilizing real-time data from sensors and satellites to offer protection against various risks, from natural disasters to business interruption. Rise of Usage-Based Insurance (UBI) Usage-based insurance models are expected to become more widespread across various insurance lines.

Risk 59
article thumbnail

Save Money on Small Business Insurance in California

Jackson & Jackson

Remember to account for business interruption insurance, which can provide coverage in case of unforeseen events that disrupt your operations. As your business grows and evolves, your insurance requirements may change. Failure to comply can result in fines or even the suspension of your business operations.