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GSP Insurance Group Blog

What is Business Income Coverage?

4/24/2023

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Running a business can be a risky endeavor, and unexpected events can disrupt operations and impact your bottom line. From natural disasters to lawsuits and unexpected medical emergencies, there are countless situations that could cause financial harm to your business. That's why having a business income insurance policy from GSP Insurance Group can provide crucial protection and peace of mind.


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What is D&O Insurance and Why is it Important?

4/17/2023

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As a business owner or executive, you understand the importance of protecting your business and its leadership team against potential legal and financial risks. One way to do this is by purchasing Directors and Officers (D&O) insurance. In this article, we'll discuss what D&O insurance is and provide examples of covered situations.


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Do 1099 Employees need Workers Comp in South Carolina?

4/10/2023

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As a business owner or manager, it's important to ensure that your employees are protected in case of an injury or illness that occurs while they're working. This is where workers' compensation insurance comes into play. However, many business owners are unsure whether or not they need to provide workers' compensation insurance to their 1099 employees. In this article, we will explore the question of whether 1099 employees need workers' comp in South Carolina.


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Do 1099 employees need workers comp in Georgia?

4/3/2023

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As a business owner or manager, it's important to ensure that your employees are protected in case of an injury or illness that occurs while they're working. This is where workers' compensation insurance comes into play. However, many business owners are unsure whether or not they need to provide workers' compensation insurance to their 1099 employees. In this article, we will explore the question of whether 1099 employees need workers' comp in Georgia.

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Why it's Important to Consult with an Independent Agent for your Business Insurance.

3/27/2023

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When it comes to protecting your business, having the right insurance coverage is crucial. As a business owner, you need to make sure that your company is adequately covered against potential risks and liabilities. However, finding the right insurance coverage can be a daunting and time-consuming task, especially for those who are not familiar with the insurance industry. This is where an independent insurance agent can help.


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What is EPLI Insurance and Why is it Important for Your Business?

3/20/2023

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As a business owner, you know how important it is to protect your company against unexpected events. You have insurance for your property, your products, and your liability, but have you considered protecting your business from employee-related lawsuits? This is where Employment Practices Liability Insurance (EPLI) comes into play. In this article, we'll discuss what EPLI insurance is and provide examples of covered situations.


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Commercial Auto Insurance Vs. Personal Auto Insurance: What are the differences?

3/13/2023

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Auto insurance is an essential investment for vehicle owners to protect their financial interests in case of an accident or loss. However, there are two main types of auto insurance policies available in the market - personal auto insurance and commercial auto insurance. In this blog post, we will discuss the differences between these two policies and help you understand which one is suitable for you.


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What Happens if I have a Personal Auto Insurance Policy Covering a Vehicle That I Use for Business Purposes?

3/6/2023

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​Auto insurance is an important investment for vehicle owners to protect themselves from financial losses in the event of an accident or loss. However, it's crucial to ensure that your auto insurance policy reflects the nature of your vehicle use accurately. If you have a vehicle that you use for business purposes on a personal insurance policy and get into an accident, several consequences could arise. In this blog post, we will discuss what happens if you have a vehicle that you use for business purposes on a personal insurance policy when you get into an accident.


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The Top Insurance Policies Every Business Should Have in Place

2/14/2023

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Running a business can be a risky venture, with potential threats lurking around every corner. Whether it is an employee getting injured on the job, a natural disaster damaging your property, or a data breach compromising sensitive information, any of these events can significantly impact your company's bottom line. That's why it's essential to have the right insurance policies in place to protect your business.
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Here are the top insurance policies that every business should consider investing in:


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What is Cyber Liability Insurance?

2/1/2023

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Cyber liability insurance is a type of insurance coverage that protects businesses and organizations from financial losses that result from cyber-attacks, data breaches, and other online threats. In today's digital age, organizations of all sizes are becoming increasingly reliant on technology, which makes them vulnerable to cyber threats. Cyber liability insurance provides a critical safety net for businesses that rely on technology for their operations.


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South Carolina Headquarters

Main: (843) 707-4473
Toll Free: (833) 414-3040     
​8 Buckingham Plantation Drive
Bluffton, SC 29910

Georgia Location

Main: (470) 589-4131
Toll Free: (833) 414-3040                               
115 East Main Street, A1B-6P
Buford, GA 30518
Blufton, SC photo by Mike Tilley | CC-BY-3.0 | Website by InsuranceSplash