The CTG Blog

Insurance news, updates, and announcements

From The Big Dogs to Small, Why Businesses Need Commercial Auto Insurance

No matter the size of your business, if you use a vehicle for transactions related to your company, then commercial auto insurance is a must. You may be wondering, what’s the difference between personal and commercial auto insurance? Isn’t personal insurance enough? The primary difference is who owns the vehicle. Some business owners and employees may use personal vehicles for business purposes, such as visiting job sites, transporting people, or delivering goods. However, personal auto insurance policies don’t cover business use, meaning you won’t be covered if you get into an accident while driving for work.

Small Businesses Neglect General Liability Coverage—Here’s Why You Shouldn’t.

If you own a small business, you’ve probably put your heart and soul into building and growing it. Doesn’t it make sense to protect all of that hard work? General liability coverage is a basic insurance policy that shields your business from common risks. If you work directly with clients and customers, this insurance policy will keep your company financially stable in the event of a lawsuit. It’s best to invest in general liability coverage immediately after starting your business, so that you’re never left vulnerable.

What Type of Insurance Does a Nonprofit Organization Need?

What type of insurance does a nonprofit organization need? Nonprofits typically operate on a limited budget, so a single unexpected expense could lead to financial devastation. That’s why it’s crucial to prepare for the unexpected and protect your organization against risks. There are many different types of insurance policies out there, but here we’ll cover the bare essentials to consider for your nonprofit organization.

Cyber Liability Coverage: Does Your Business Actually Need It?

Does your business use the Internet, handle credit card transactions, or collect personal information from customers? No matter what your organization does, it’s likely that the answer to at least one of these is yes—and that makes your business a target for cyber attacks.

Does Your Business Need Commercial Auto Insurance?

How do you tell if you need a commercial auto insurance policy? If you or an employee uses a vehicle to conduct any kind of business service, such as delivering goods or transporting people, you’ll need auto insurance.