Auto dealers have a lot of different insurance policies that they need to have in place in order to operate legally. This includes surety bonds. What do these bonds do? How do they work? And why are they needed? There are many things that go into purchasing a bond as an automotive dealer, but the […]
Unlike other types of stores, car dealerships tend to keep most of their inventory outside. This not only makes it easy for customers to peruse what they have to offer, but it also allows the car lot to have plenty of open indoor space for their sales and finance teams. The downside to this is […]
Real estate developments make some big promises to their customers. Those who choose to go through a developer and have a new house built need to choose the plot of land, select a house design, and then go through all of the steps towards getting it finished, such as picking out wall colors and flooring […]
As a landlord, you no doubt have a lot on your mind. You have to keep your properties full of tenants, not to mention in good, livable condition. You might have employees to manage. Depending on the size of the property, this can include housekeeping staff, rental staff, maintenance workers, and more. The last thing […]
Automotive dealers have a lot to keep track of. They not only have to manage their employees, work with customers, stay in contact with lenders, and track their inventory, but they also need to ensure that they have the right insurance policies in place should something happen to any of the above. While some of […]
There are several things that manufacturers need to consider when making sure that they have all of the right insurance policies in place. The first few consist of coverage on their buildings and equipment. The next are needed to ensure that the items they make are properly protected from the moment they’re completed until they […]
Car theft is on the rise, and dealerships are not immune to this problematic type of thievery. In fact, nowadays, many car thieves aren’t just stealing an individual car out of a person’s driveway. Instead, they are increasingly working in groups to steal many cars at once in a sophisticated manner. There are plenty of […]
Owners of apartment buildings have a lot to juggle. Not only do they need to manage their employees, including those who perform maintenance and housekeeping tasks, but they also have to ensure that all of the utility bills get paid. Other things to worry about? Fire risk. With so many residents in so many apartments, […]
Creating something that makes your business run more efficiently is always a good thing, especially where profitability is concerned. However, what happens when someone claims that your new invention infringes on their patent? And even if they haven’t patented the item, what if they state that they invented it first, hire a lawyer, and file […]
Does your company require a surety bond in order to operate legally, or will a standard insurance policy suffice? Or do you need a combination of both? Understanding the differences between surety bonds and insurance policies will help you determine the answer to this question. How much do you know about each of them? Are […]
