Should I Get Insurance for My Online Business?

Find out which coverages you need to protect your online shop.Should I Get Insurance for My Online Business?

If you own a brick-and-mortar shop, it’s easy to understand that you need insurance protection for your company’s building, its property, and for any liability issues that could take place on the premises. However, what kind of insurance do you need when your shop is online? If you run an online business, here are some of the essential insurance policies you cannot overlook.

Cyber Insurance

As an online business owner, one of the most serious risks your company faces is the risk of a data breach. Luckily, having the right cyber insurance in place can help you mitigate this risk. This type of insurance provides coverage for the legal fees and expenses that your company might encounter if your customers decide to sue following a data breach. Additionally, cyber insurance offers coverage for notifying customers about the data breach, restoring personal identities of affected customers, recovering compromised data, and repairing computer systems.

Professional Liability Insurance

Also known at Errors and Omissions Insurance, professional liability insurance will cover you if you make a mistake in rendering your professional services. For instance, imagine that your company makes a professional recommendation for a client. If this advice negatively affects a client, they may decide to sue your company for negligence. In this case, professional liability insurance would cover your legal defense costs and the cost of settlement if necessary.

Product Liability Insurance

Finally, if your business sells goods, then you need to invest in product liability insurance. This type of policy provides coverage in the event that one of the products that your company sells causes bodily injury, illness, property damage, or so on. This insurance also provides coverage if your company is accused of improperly marketing a product that they sell and distribute.

If you run an online business, then these are some of the commercial coverages that you cannot afford to overlook.  Need additional help finding the right policies to fit your business’s unique needs?  Then don’t hesitate to contact the experts at Miller Carlisle Insurance Services.  We are ready to assist you with all your coverage needs today.

Avoid These Bad Business Habits

Avoiding these habits can benefit your business and your health.Avoid These Bad Business Habits

As a business owner, there’s a lot on your plate. However, getting too stressed and overwhelmed can be a detriment to both your business and your overall health. If you want to run your business more efficiently while still taking care of yourself, then here are some of the bad business habits that you should avoid.

Dropping Everything for Your Clients

While your clients’ satisfaction is undoubtedly important, it’s neither efficient nor heathy to wait at their beck and call. Rather than being constantly available to address your clients’ whims, you should set aside a chunk of time every day to care for your clients. This will allow you to meet your client’s needs without pushing aside important work to do so.

Being Disorganized

In the world of business, time is money. This means that the time you spend looking for a specific email or searching for a client’s contact information is money lost for your company. To make matters worse, working in a disorganized environment can also increase feelings of anxiety. The best way to save time and reduce stress is by implementing organizational protocols and making sure that you actually stick to them.

Packing Your Schedule

While you want to get as much work done as possible, your ambition can actually prevent you from getting things done. When your schedule is packed to full capacity, you tend to rush, making you more likely to make mistakes and produce work of subpar quality. Rather than overcrowding your schedule, it’s much more efficient and healthy to take on a smaller amount of work that you can actually complete to the best of your abilities.

These are some of the bad business habits that you should avoid for the sake of your business’s success and your overall health.  Want another way to take care of your business?  Then make sure you have the proper business insurance protections in place.  To find the right policies to meet your needs, contact the experts at Miller Carlisle Insurance Services.  Our dedicated team is ready to get you the coverage that you need today.

Tips for Growing an Established Business

Try out these suggestions to help your business expand.Tips for Growing an Established Business

If your business is already established, expansion might not be the first thing on your mind. However, it’s important to remember that the competitive business world tends to reward companies that are constantly looking to grow and evolve. Here are some suggestions to help your established business expand.

Rebrand

If your company already has brand recognition, the idea of rebranding might seem crazy. However, for your business to expand, it’s important that your brand image accurately represents your company. If you find that your brand no longer fits, then its time to consider rebranding your business.

Listen to Your Customers

If you want to expand by offering new products and services, then turn to your customer base for advice. As your customers have likely been with your company for a while, they will be able to tell you where your business is lacking. By offering the things that your customers want, your business can grow in a way that provides value to your clients.

Seek Useful Partnerships

If your business simply does not have the resources to offer what your clients want, then look for a company that does. By partnering with another company, you can create a relationship that’s beneficial on all fronts. Both companies will benefit from increased business, and the customer base of each company will benefit from having access to an extended number of products or services. This is a great way to expand your business without having to invest too many additional resources.

Try out these suggestions to help your established business expand.  Want another way to set your business up for success?  Then make sure you have it covered by the right commercial coverages.  To find the right policies to meet your needs, contact the experts at Miller Carlisle Insurance Services.  We are ready to get you covered today.

Tips for Choosing the Best Employees

Learn how you can assemble a dream team for your business.Tips for Choosing the Best Employees

A good team of staff members could make or break your business.   That’s why it’s so important to make sure that you are hiring the right employees for your business.  Not sure how you can assemble the perfect team?  Here are some tips for hiring the best.

Focus on the Candidate, Not the Resume

When hiring, many employees get too caught up a candidate’s accomplishments and skill set.  However, the type of person you are hiring is often more important than their credentials.  Even if a candidate doesn’t have a lot of experience, if they seem like a good fit for your team and profess a willingness to learn, then you should give them a shot.  In most cases, choosing an employee based on their attitude and personality works out better than simply choosing the candidate with the most impressive resume.

Conduct an Investigation

Employee fraud can be absolutely devastating for your business.  That’s why it’s so important to make sure that you do a thorough background check on any of the candidates you are considering.  Check for any criminal records or undisclosed issues, and make sure you follow up with an employee’s previous employers to ensure that they don’t have any history of fraudulent behaviors.  Taking this extra precaution will protect you against hiring an employee who might hurt your business.

Offer a Trial Run

One of the best ways to ensure that you are hiring the perfect employee is by letting them work for a trial period.  During this time, observe how the employee interacts with other staff members, how they deal with client relations, and how strong their work ethic is.  Seeing an employee in action is often the best way to make sure you are hiring the best staff member for your team.

Try out these suggestions to help you assemble a dream team for your business.  Want another way to make your business thrive?   Make sure you have the right insurance coverage to protect you against any risk your business might face.  To get the policies you need, contact the experts at Miller Insurance in Carlisle, Pennsylvania.  Our dedicated team is ready to get you covered today.

3 Types of Business Insurance You Didn’t Know Existed

3 Types of Business Insurance You Didn’t Know Existed

Protect your business with these policies that you didn’t know you needed.

While most business owners have the standard liability, worker’s compensation, and commercial property insurance policies, simply relying on these policies may mean that there are gaps in your coverage.  Learn about these 3 little-known types of insurance and consider whether they’d be a good fit for your business.

1) Employment Practices Liability Insurance

This type of policy protects employers against claims filed by employees, such as discrimination, wrongful termination, harassment and so on.  While many large corporations tend to have a plan for dealing with employment lawsuits, many small or new businesses are susceptible to these claims.  If the claim becomes a lawsuit, Employment Practices Liability Insurance can cover legal defense costs for the insured.

2) Income Stabilization Weather Insurance

While most people are familiar with the insurance that covers natural disasters (hurricanes, earthquakes, tornadoes, etc.), many are unaware that there are also insurance policies that cover damage inflicted by less extreme weather.  Income Stabilization Weather Insurance covers profit lost due to unfavorable weather conditions.  This type of insurance is particularly helpful for business that depend on foot traffic, or for outdoor businesses like ski resorts, golf courses, and restaurants.

3) Cyber Liability Insurance

Cyber Liability Insurance can be a necessity for companies that handle much of their business on the internet.  This type of insurance protects businesses from losses caused by data breaches and covers the cost of customer notification, credit monitoring, etc.  Some policies may also cover the costs resulting from business being interrupted due to a data breech.

Protecting against any possible dangers might be the difference between a thriving enterprise and failed company.  For help and advice in crafting your most comprehensive business insurance package, contact Miller Insurance Associates in Carlisle, Pennsylvania.

Things to know about insuring your home business

Running a home-based business isn’t easy, here’s how you can insure it to protect your business equipment.

If you run a business from the comfort of your own home, you may not have enough insurance to protect your business equipment. A standard homeowners insurance policy provides only $2,500 coverage for business equipment, which is likely not enough to cover all of your property associated with your business. As a business, you will likely need coverage for liability and lost income. You put blood, sweat, and tears into your business so insuring it is important for its livelihood.

Regardless of what insurance policy you choose, you need professional liability insurance. Here are the three basic kinds of liability insurance you should consider — depending on the nature of your business.

  1. Homeowners Policy Endorsement

You may not need to take out an entirely different policy. A homeowners policy endorsement just adds protection to your already existing homeowners policy to double your standard coverage for business equipment like computers and printers. 

  1. In-Home Business Policy

An in-home business policy provides more comprehensive coverage than the homeowners policy endorsement. In addition to the protection for your business, this policy could reimburse you for the loss of important papers and records. It may even pay for the income you lose if your home is so badly damaged from a covered peril that it forces you to temporarily pause your business.

  1. Business Owners Policy (BOP)

If your business is on the bigger side of things, as far as home businesses are concerned, then homeowners insurance policy and any add-ons won’t exactly cut it. It covers business property and equipment, loss of income, extra expenses, and liability—like the other policies, only on a much grander scale.

Whichever you choose is best for your business, it’s important to realize that not even your business is immune to dangers. Contact Miller Insurance, your independent insurance agency, to learn how you can safeguard your hard work with business insurance for your small business.

Workers’ Compensation Insurance: Do You Need It?

Workers’ Compensation Insurance: Do You Need It?

When you hire a nanny, babysitter, or a caregiver of any sort, do you need workers’ compensation to cover the liability?

When you have an employee under your services like a housekeeper, senior caregiver, or nanny, having workers’ compensation can offer the protection you need if that employee gets injured while on the job. Your nanny can step on an unmerciful LEGO brick, your housekeeper can fall down a flight of stairs, the caregiver may pull their back trying to pull your parent from bed; the possibilities of injury are near endless. When you hire a caregiver, make sure that you have the right workers’ compensation under your policy.

  1. Why Have Workers’ Compensation?

Only about half of all states in the U.S. require that employers own workers’ compensation. Because of this, these employers may think that they don’t need this policy. Workers’ compensation can help take care of the employee, but more importantly, it works as a financial shield for you.

  1. What Happens if the Caregiver Gets Hurt?

If your employee gets injured while they are on the job, you must alert your carrier and include the necessary information like date, location, time, names, and contact information. The insurance carrier will take care of the medical bills, up to the limit, and even give the employee money for lost wages.

  1. Why Can’t I just Pay the Medical Bills?

Nothing is stopping you, but it’s just not the way things are done. Just offering to cover the medical costs to take care of the injury and save you the claim may come back to hurt you. If your employee’s injuries recur or flare up, you may have to deal with even more bills.

For all of your business insurance needs, like workers’ compensation, contact Miller Insurance Associates in Carlisle, Pennsylvania.