Global Guard Insurance


Is insurance necessary for a small business?


Small business owners and start-ups often think insurance is too expensive or not necessary. That’s a big mistake, according to seasoned experts in the field of risk management. Sometimes, you need insurance just in case something goes wrong later. Other times, there’s a possibility that your landlord or vendors will require it before they sign on with you. And sometimes it can even help you avoid problems by giving you a chance to think through the details of your operations in advance. “If insurance wasn’t important, why would large companies spend millions of dollars each year to provide employee benefits?” says Eric Meermann, director of wealth management at Palisades Hudson Financial Group. “Now multiply that by 10 for every time a small business owner has made payments on an insurance policy—for auto coverage, workers’ compensation, and liability—and then never needed anything.” Here are some reasons why you should get insurance:

Small business owners often think insurance is too expensive or not necessary.

There are several types of insurance that small business owners can purchase. Insurance is a necessary part of running a business. Some small businesses have been able to get away with not purchasing any type of insurance because they have been lucky enough to not have any accidents or emergencies during their time as a business owner. However, the best way to protect yourself from unforeseen expenses is by having some type of coverage plan in place; especially if you own a small company and do not have the funds available if something happens unexpectedly. The most common types include general liability, property damage/personal injury protection (PDPIP), medical payments (Med Pay), equipment breakdown/business interruption coverage along with others depending on what risks your business faces every day!

Here are some reasons why you should get insurance.

The answer is yes, small businesses should get insurance. Here are some reasons why:

  • Insurance protects your business and your employees in case of an accident or legal problem. You may be fined or held liable for damages caused by an employee who was driving a company car without a license, for example, so it’s safer to be covered by insurance schemes such as Employer’s Liability cover or Third-Party Property Damage cover.
  • Insurance can help you avoid losing money on lawsuits and fines. Yet another reason why small businesses need to be insured is that it helps them keep their money safe from any legal problems that might arise due to negligence on their part (or someone else’s). For instance, if one of your clients sues you after suffering injuries while visiting one of your stores because they tripped on something that wasn’t there before then – and they win the case – then it costs them nothing because all expenses will be covered by whichever insurance policy covers those lawsuits.

If your small business gets sued, you’ll be glad you have coverage should you need to hire a lawyer and go through the legal process. If an employee is injured on the job or if someone sues your company for violating their rights as an employee, you can’t afford to get hit with exorbitant court costs or payouts. Insurance policies are a wise investment for small businesses in many cases.

You can handle unexpected situations by transferring the risk to an insurance company. If you have an insurance policy, you can transfer the risk to them. You don’t have to worry about paying for the damage that your business has caused. Insurance companies have resources and experts on hand who will help you deal with unexpected situations and get your company back on track. We also have experience dealing with unexpected situations, so we know what needs to be done and how long it will take.

Your landlord or vendors may require it before they sign on with youYour landlord or vendors may require it before they sign on with you. If you’re a vendor, then it’s also likely that your customer will request proof of insurance before doing business with you.

Your employees will be more likely to choose to work at a company where they know they’ll have medical support should they get injured. You’ll be able to give your employees a sense of security and stability. They will know that, if they get injured, they can count on you not to leave them hanging in their time of need. This can help you attract and keep quality workers, which translates into productivity and profitability for your business.

Getting an insurance policy will help you think in detail about your operations, including who’d be responsible if something goes wrong. There are many risks involved in any business, including:

  • the risk of theft or damage to your property
  • the risk of injury or death on the job
  • the risk that you might accidentally harm a customer or employee

Getting an insurance policy will help you think in detail about your operations, including who’d be responsible if something goes wrong. It can also help ensure that you’re prepared for those worst-case scenarios—and that means fewer surprises down the line.


Insurance is a great way to prepare for the unexpected and protect yourself financially against any number of possible disasters. It can also help you think through the various risks associated with running a business, which may allow you to take steps to avoid those risks in the first place. There’s no one-size-fits-all approach to insurance, so be sure not to get a policy that doesn’t meet your needs. Finally, remember that it doesn’t need to break the bank—you may just want some coverage for your home office or basic medical care for employees in case of an emergency. Whatever your needs are, Global Guard Insurance has plans that work perfectly well without breaking your budget!


Why do I need Renter’s Insurance?

Understanding Renter’s Insurance

Renter’s insurance protects you if your stuff is stolen or damaged in the event of a disaster such as a fire, flood, or earthquake. Renter’s insurance also covers liability if someone is injured on your property.

Renter’s Insurance works by paying out funds to replace items you own that are destroyed in an accident, natural disaster, or theft. You can choose how much coverage you need up to the limits set by your policy. Sometimes this means choosing what items aren’t covered by your policy so they can be excluded from coverage and not affect the price of your premium. For example, jewelry may have very high value but also low replacement cost, so it makes sense for most people not to include it on their policies (jewelry typically has its insurance). If something happens to one of these excluded items, then there won’t be any costs associated with replacing them.  

Renting a home comes with certain risks like those mentioned above, especially when living near parties held in common areas like hallways leading upstairs into apartments where residents live! This means having protection against lawsuits filed against us for personal injury due to poor judgment while intoxicated during social gatherings where alcohol consumption was present!

Protect Your Personal Property with Renters Insurance

Renters insurance is a special type of coverage that protects your personal belongings against losses caused by fire, theft, and other perils.

While renters’ insurance may seem like homeowners’ insurance (which protects your home), there are some differences. For example, renters’ insurance covers the items inside your apartment or house—from a television set to furniture and clothing—while homeowners insurance covers things like the walls, flooring, and plumbing in addition to personal property.

Renters also have different deductibles than homeowners. Deductibles refer to the amount you must pay as part of a claim before an insurer pays out any money on your behalf; they’re typically higher with renters’ policies because they cover smaller amounts of property.

The best way to learn more about how landlords can protect themselves from financial loss is by getting a quote from one of our agents today!

Renting an Apartment? You Need Renters Insurance

If you’re renting an apartment, it’s important to have renters’ insurance. It will protect the items in your apartment if they’re damaged or stolen in several ways: a fire, flood, or theft. You can also get coverage for liability claims against your personal property (e.g., someone slips on your hardwood floor and injures themselves), additional living expenses if the place is uninhabitable due to damage from a covered incident (like above), landlord coverage if they are responsible for damages and loss of use which pays out monthly rent while the property is being repaired or rebuilt.

In addition to these protections, renters’ insurance offers peace of mind knowing that if something unfortunate were to happen unexpectedly—such as a water leak from an upstairs neighbor—your belongings won’t be damaged by another person’s negligence!

In conclusion, it’s simple to protect your valuables with renters’ insurance. You can complete a quote in just minutes, and we offer flexible coverage options, in short you only pay for what you need. Spend less time worrying about renter’s insurance and more time deciding which city is best for you next!