GSP Insurance Group Blog
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.
Commercial Auto Insurance Vs. Personal Auto Insurance: What are the differences?
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.
What is an Insurance Score and How Does it Affect you Home and Auto Insurance Rates?
Insurance is an important aspect of life that helps protect us from financial losses due to unforeseen circumstances. When it comes to home and auto insurance, your insurance score plays a significant role in determining your insurance rates. In this article, we will discuss what an insurance score is and how it affects your home and auto insurance rates.
In today's competitive business landscape, employers are constantly looking for ways to attract and retain top talent. One way to do this is by offering voluntary benefits, which are benefits that employees can opt into and pay for themselves, often at a group discounted rate. In this blog post, we'll explore how offering voluntary benefits can help businesses and business owners in several ways.
What Happens if I have a Personal Auto Insurance Policy Covering a Vehicle That I Use for Business Purposes?
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.
I find myself answering this question several times a week to explain to clients and prospects the difference between Admitted & Non-Admitted Insurance Carriers. In the world of insurance, there are two types of carriers: admitted and non-admitted. Both are important players in the insurance market, but they differ in several significant ways. In this blog post, we will explore the differences between admitted and non-admitted insurance carriers and their importance in the insurance industry.
South Carolina's beautiful coastal region has always been a prime location for homeowners looking to enjoy the stunning beaches and year-round sunny weather. However, this picturesque region has faced its share of natural disasters, including hurricanes, flooding, and severe storms, leading to a significant impact on the coastal home insurance market.
Over the past few years, South Carolina's coastal insurance market has undergone some significant changes. Let's take a closer look at the current state of the coastal home insurance market in South Carolina.
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.
Here are the top insurance policies that every business should consider investing in:
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.
Homeowners insurance is a type of insurance that provides protection for your home and personal property in the event of damage or loss from certain perils, such as fire, windstorm, and theft. It also provides liability coverage in the event that someone is injured on your property and sues you.
When you're looking for home insurance, it's important to understand that there are different types of coverage available, such as dwelling coverage, which covers the structure of your home, and personal property coverage, which covers your personal possessions. You should also consider additional coverage options, such as flood insurance or umbrella insurance, depending on your specific needs and the risks in your area.