Car dealerships in the US sell twice as many used cars as new cars every year. When you insure a business owner who sells used cars, you become familiar with the risks of customer claims, but it’s just as important that your clients make auto warranty compliance a priority. Here’s how complying with warranty laws protects your clients.  Stay on the Right Side of Regulations In the US, both the federal government and individual states regulate used car warranties. Although preparing and honoring warranties is complex and takes time and effort, it benefits your clients to comply with all warranty laws that apply to their business and location. If a…

Professional Employer Organizations have fast become one of the more popular business models to exist in recent years. Organizations like this exist to aid businesses and workers in finding the right partnerships. However, PEOs face a variety of severe risks that can threaten to upset the balance of things and create massive complications down the line. Take a look at these points to learn more about how you can best protect your employment organization and gain more perspective on the matter. PEOs and Contractor Endorsements When it comes to PEOs, one of the biggest points you should consider is how you are handling your contracts. Labor contracts and endorsements can…

As a business owner, keeping your employees safe while they do their jobs is likely one of your biggest concerns. Carrying a worker’s compensation insurance policy is one of the best ways to do that. There are many types of policies out there, however. Some companies are even choosing to provide their own coverage. Here is a quick overview of the pros and cons of self insuring workers comp for your business. The Pros Self insuring workers comp can be a financially productive decision. Workers’ comp insurance policies can be expensive. Opting to forgo those pricy premiums and instead put the money into your own fund can help you save…