Insurance Blog

Does my auto insurance cover Uber or Lyft?

This question is often overlooked, sometimes with negative consequences for drivers participating in the ridesharing economy. Drivers participating in ridesharing programs such as Uber or Lyft often assume that because they have personal auto insurance, they are also covered when driving passengers for a fee. However, this is not the case. Most insurance companies exclude coverage on personal auto policies for drivers participating in ride... Read Article

Do You Need Business Insurance When Working Out of Your Home?

Many small businesses in the U.S. today are home-based. For a small business owner or entrepreneur, working out of the home has many advantages. It is convenient, cost-effective, and comfortable, and you can skip the daily commute and wear pajamas or sweats all day if you like. However, conducting business in the comfort and convenience of your own home does not make it risk-free. You... Read Article

Insurance for Recreational Cannabis and Medical Marijuana

According to the Bureau of Cannabis Control, the California state entity tasked with developing the regulations pertaining to recreational marijuana and medical marijuana, each license holder must have (1) a Commercial General Liability insurance policy with a limit of no less than $1 million per loss, and $2 million aggregate and (2) a surety bond in the amount of $5,000 payable to the state of... Read Article

Surety Bonds and Insurance Requirements for Cannabis

A surety bond is an agreement between 3 parties: Obligee – The state, municipality, or other entity requiring the purchase of the bond Principal – The business seeking the surety bond Surety – The bonding company that executes the bond and provides a guarantee to the Obligee that the Principal will fulfill their requirements. As municipalities and the Bureau of Cannabis Control begin to issue... Read Article

7 Exclusions to Your Typical Life Insurance Plan

Life insurance is one of the most effective ways to ensure your family is protected. Should you suddenly become incapacitated or pass away, life insurance funds can be paid at once to the named beneficiaries without any concern about taxes or delays related to probate. However, when buying a life insurance policy, the one person who truly has your back is your agent. Every life insurance... Read Article