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:

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:

[hppotclotrluver]

Thank you so much for this breakdown. Really helpful to someone who has never really dealt with insurance before. 👍

[dee-spiration]

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!

[bradleyfoster]

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.

[marywitteborg]

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!

[pibuvihouston]

I love the way you explain coverages. 👍

[kymbatbaibaturova]

thank you so much for your easy explanation, understandable

[nicknacinovich]

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.

[kylejassmann]

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.

[dadicushunterus]

On the example from, the bottom total, is that per month? Or year?

[alphacuremother]

Great videos How do u get a policy with everything included?

[steps]

do you have insurance adjuster licenses?

[MimiMhair]

I try to download your pdf it's not working

[ahmedfahim]

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: