Business Insurance: A Quick & Easy Overview
This video is essential for new business owners and it’s a great refresher even if you’ve owned a business for decades.
We’ll go over the four basic types of business insurance, offer a quick overview of many coverage options for each, and give you a PDF document to keep track of your own insurance coverage. You’ll walk away understanding business insurance WAY better than you do now.
Here’s the breakdown:
Get the Coverage Details Form we talk about in the video:
• The BLANK form is here: bit.ly/2f3FPPF
• The EXAMPLE COVERAGE form is here: bit.ly/2fd7nGb
What’s in the video:
• GENERAL LIABILITY (2:02)
o Medical Expenses (3:20)
o Products Liability (3:58)
o Employment Practices Liability (4:08)
o Employee Benefits Liability (4:47)
o Cyber Liability (5:03)
o Professional Liability (5:31)
o Hired & Non Owned Auto (6:00)
• PROPERTY COVERAGE (6:37)
o Building Coverage (6:56)
o Business Personal Property (7:10)
o Data Compromise (7:48)
o Specialized Equipment (8:10)
o Money & Securities (8:30)
o Business Income Coverage (8:40)
o Employee Dishonesty (9:00)
o Forgery (9:10)
o Equipment Breakdown (9:13)
• WORKERS COMPENSATION (10:00)
o Coverage Limits (10:10)
o How Premium Works (11:25)
• COMMERCIAL AUTO (12:40)
That’s it! WHAT ARE YOUR QUESTION? Please ask them in the comments section below!!
Learn more about us at:
Our Site - www.shineinsurance.com
Our Blog - www.shineinsure.com/blog
Our Podcast - www.scratchentrepreneur.com
Our Course - www.newhomebuyersguide.net
Пікірлер: 58
Thank you so much for this breakdown. Really helpful to someone who has never really dealt with insurance before. 👍
@ShineInsurance
3 жыл бұрын
Glad to hear it!
Your videos are great for educational purposes! Im studying for my PNC license and your videos help me to understand the content in real wold language. great videos! I wish you would do more for the education of getting licensed because you do a great job explaining the way i am able to learn. not just reading material in black and white so I thank you for that!
@ShineInsurance
5 жыл бұрын
Thanks Donald, the licensing stuff is so technical! we've always focused on explaining insurance to folks who are trying to figure out their own policies but we totally agree that it would be nice to have deeper level insurance topics explained without all the legal mumbo-jumbo. Maybe we'll tackle that some day. Best of luck in your process of getting licensed!
Thank you for your video. It's a great 16 minute overview for my Entrepreneurship Students - Risk Management unit. You have a nice voice to listen to and it's just enough information for high school students!
@ShineInsurance
4 жыл бұрын
Mary Witteborg yeah! Jeremy was a teacher for 13 years. So glad this video is helping young people understand owning a business.
@karterignacio8350
2 жыл бұрын
You probably dont care but does someone know of a method to log back into an instagram account?? I stupidly forgot the login password. I love any help you can give me
Found your video interesting to watch. I can't wait to see your videos soon. Good Luck with the upcoming update. This video is very useful, interesting, and effective.
@ShineInsurance
2 жыл бұрын
Cool man. Apresh.
Extremely helpful. Thank you!
I love the way you explain coverages. 👍
@ShineInsurance
2 жыл бұрын
Appreciate it! What would you like us to explain next?
Very informative thank you
thank you so much for your easy explanation, understandable
@ShineInsurance
4 жыл бұрын
Glad it was helpful!
Excellent Job!
Thank you! good info
Really helpful. Thank you
Great video. Thanks
Great video !
Thanks lot
Concise and good to hear 😊
@ShineInsurance
2 жыл бұрын
We appreciate you!
Overall, this is a good video. However, you might want to research the Workers' Compensation coverage. There aren't actual set in stone Workers' Comp limits as the Insurance company will pay what the State/Court deem appropriate for the injured employee (usually 2/3rd income until he is working again). The limits you discuss actually refer to "section 2" of Worker's Comp and they apply immediate family members of injured employee. It is very very rare that the 100/500/100 or 500/500/500 section 2 limits are ever needed. Check it out.
Thank you!
@ShineInsurance
5 жыл бұрын
Happy to help!
On the example from, the bottom total, is that per month? Or year?
great video! not a lot out there that are as well done as yours. thank you for taking your time do these videos. I am taking the GIE course and am new to insurance, Its hard to find good videos explaining insurance, are these videos Canadian insurance or US insurance, and if it is US insurance, can I use this information to study with? I would assume its basically the same except the limits and certain conditions. just want to make sure.
@ShineInsurance
4 жыл бұрын
So glad it was helpful. We practice insurance in the US but the rules are not vastly different in Canada. Please study away!
great is insurance
thank you
@ShineInsurance
5 жыл бұрын
No problem!
nice
do you have insurance adjuster licenses?
Thank you for this video daddy.
@mollycanfield2961
3 жыл бұрын
@Marcell Goodemote Do you do this to all of your girlfriends or just the ones who have dumped you and you're stalking them?!
Great videos How do u get a policy with everything included?
@ShineInsurance
5 жыл бұрын
Great question. Find a good independent insurance agent. Start by googling "independent insurance agent [your town]". Then check the reviews and the website. Find an agency that seems to fit your personality and needs. Give em a call and go from there.
like this
@ShineInsurance
5 жыл бұрын
Glad to hear it!
I try to download your pdf it's not working
How to make a business is work?
noc
Insurance
@ShineInsurance
2 жыл бұрын
Totally.
I need quotes
@ShineInsurance
3 жыл бұрын
We’re happy to help. Here’s the link: www.shineinsurance.com/request-proposal/
This video is a very popular we are Local Business insurance Detroit based commercial insurance agency specializing in all forms of business insurance for small to medium businesses in Michigan, we also assist real estate investors with insurance for their vacant properties, rental properties and rehab projects. we serve people thought business insurance detroit WEBSITE: detroitbusinessinsurance.net/
Great video!
@ShineInsurance
5 жыл бұрын
Thanks. Glad it was helpful!