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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

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Contingent Bodily Injury from Cyber Attacks: What You Need to Know

ProWriters

When you think about cyber risks, you probably think about the dangers malware attacks, data breaches, and other incidents pose to your business clients’ operations, revenue, and reputation. But cyber threats can pose risks to not only sensitive data but also to physical safety. You’re right to do so.

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Cybersecurity Best Practices

Scott Insurance

High-profile cyber attacks like the Microsoft Exchange server hack, the SolarWinds Orion software compromise and the Colonial Pipeline ransomware attack have highlighted increasing cyber risk for nearly every type of business. Businesses across all industry segments are subject to these trends.

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Emerging Trends in Commercial Insurance: What to Watch Out for in 2024

Protect Commercial Insurance

The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed. In 2024, expect cyber insurance policies to become more comprehensive and tailored. Insurers are now offering policies that encourage and reward sustainable practices.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

The cost of commercial insurance is generally based on several factors, such as the type and size of your business, its location, and the specific risks involved. While it might sound complicated, this actually means your premium is tailored to fit your needs, ensuring you don’t overpay for unnecessary coverage.

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Reflect on: – How much you can comfortably allocate from your business budget for insurance premiums. It’s like finding a sweet spot—insurance that doesn’t overspend your resources but still offers peace of mind. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

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Save Money on Small Business Insurance in California

Jackson & Jackson

For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Companies that rely heavily on technology and data storage may also benefit from cyber liability insurance to safeguard against data breaches and cyberattacks.