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Commercial automobile

When Is Commercial Auto Insurance Required?

By Cell Brokerage | April 1, 2023

Operating a business can be stressful—as a business owner, you have a lot to be responsible for, whether it be the daily business operations or protecting your business from financial loss. One way you can safeguard your business is by purchasing commercial auto insurance, which is a crucial form of insurance for business owners who use vehicles as part of their daily operations

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A suburban neighborhood with flooded streets and water covering the yards.

What Flood Insurance Does Not Cover

By Cell Brokerage | March 15, 2023

Did you know that damage caused by floods is typically not covered under most standard homeowners insurance policies? In fact, if you reside in an area with a high risk of flooding, your mortgage lender will likely require you to purchase flood insurance through FEMA’s National Flood Insurance Program (NFIP) and associated programs provided by your insurance professional. However, it’s worth noting that over 20% of flood insurance claims come from areas that are not considered high-risk for flooding, which is why it’s recommended that homeowners consider obtaining coverage regardless of their location.

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Rear-end car collision

Car Insurance 101: Terms You Need to Know

By Cell Brokerage | March 1, 2023

In 2019, over half of the 12.15 million vehicles involved in collisions in the U.S. were passenger cars. When it comes to car insurance, it can be overwhelming to find the right policy to suit your needs, as there are many different terms to get familiar with. In this article, we’ll review 10 important terms you should know before signing up for a car insurance policy.

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Five hands putting together a wooden puzzle

Mastering the Fundamentals: Understanding the Four Concepts of Effective Risk Management

By Cell Brokerage | February 15, 2023

Understanding the four core concepts is crucial for effective risk management, which is a critical component of any organization’s success. These include identifying, evaluating, prioritizing, and controlling risks. These steps support businesses in locating potential risks, evaluating their effects, prioritizing their efforts, and taking the necessary measures to mitigate them. Understanding these ideas can help safeguard an organization’s assets.

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Two smiling people working in a coffee shop.

Why Is Life Insurance Important for the Self-Employed?

By Cell Brokerage | February 1, 2023

You may not realize it, but life insurance is an important part of being self-employed. Without it, your death could result in more than just the emotional toll it will take on those left behind. Here are a few reasons you should consider buying a policy.

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Hands holding an orb with the phrase Protect your Business

Top Tips to Protect Your Business from Common Liability Risks

By Cell Brokerage | January 15, 2023

Running a business comes with its own risks. Read on to learn how you can protect your business from the liabilities that may arise from such risks.

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Objects balancing on each other

4 Examples of Commercial Risk

By Cell Brokerage | January 1, 2023

When running a business, risk is one of those words that you simply cannot avoid. Not understanding the risk you face in your business could be preventing you from acquiring that sizable contract or that ideal client. There are all sorts of risks that businesses take on and understanding them is vital for any business owner. In this article, we’ll look at some of the most typical business risks and how you can protect your company from them.

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Liability Insurance: What It Is and How It Works?

By Cell Brokerage | December 15, 2022

Choosing an appropriate insurance policy for your business from the sea of options available can be quite overwhelming. Identifying the significant risks your company might face and deciding on the right policies requires diligence. Taking care of liabilities and associated risks is also an essential part of protecting your business. Liability is a term that means duty, obligation, or responsibility. It grows with the business, and depending on the type of business; you will need different insurance policies.

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Workers’ Compensation Insurance: A Guide

By Cell Brokerage | December 1, 2022

Occupational hazards include accidents that happen on the job. Even when an employer has strict safety regulations and training programs, accidents sometimes occur on the job site. Workers’ compensation comes into play when an injury happens at your place of business. Continue reading to learn more about workers’ compensation insurance and how it works.

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How to Pick the Right Commercial Insurance for Your Industry

By Cell Brokerage | November 15, 2024

Whether you run a small retail shop or a large enterprise, commercial insurance can protect you from unforeseen risks and liabilities. With many options available, choosing the right policy can feel overwhelming. Here’s an overview of the key factors to consider when selecting the best commercial insurance for your business. Common Types of Commercial Insurance…

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Top Risk Management Strategies for Small Businesses

By Cell Brokerage | November 1, 2024

Running a small business is an exciting but demanding journey. As an owner, you have the freedom to create your own growth plans and strategies, but with this freedom come multiple responsibilities and risks. Understanding and managing them will be the key to your small business’s long-term success. Common Business Risks for Small Businesses Small…

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How AI is Transforming Nevada’s Insurance Industry

By Cell Brokerage | October 15, 2024

Statistics show that the global AI market is growing at a rapid pace, changing processes across several industries. The insurance industry is no exception, with many agencies using AI to improve customer experiences and operational processes. Whether you’re a policyholder or someone shopping for insurance, understanding the role of artificial intelligence can help you make…

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How to Navigate Workers Compensation Compliance in Nevada

By Cell Brokerage | October 1, 2024

Workers’ compensation is an integral aspect of workplace safety and employee benefits. In Nevada, employers are required to comply with specific regulations to help injured employees receive the necessary medical care and support. Understanding these regulations is necessary for both employers and employees to receive fair and timely compensation. What Is Workers’ Compensation? Workers’ compensation…

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How to Prevent Water Damage to Your Home

By Cell Brokerage | September 16, 2024

Water damage can be a homeowner’s worst nightmare. Whether it’s a leaky roof, a burst pipe, or a flood, water has the potential to cause significant damage to your home and belongings. Preventing water damage helps maintain the integrity of your home, and one of the most effective ways to protect your investment is through…

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How Business Liability Insurance Protects Your Arizona Business

By Cell Brokerage | September 5, 2024

Proper business liability insurance is critical for protecting your company from significant financial risks associated with legal claims. In Arizona, business liability insurance provides coverage for both bodily injury/property damage and personal/advertising injury claims. Here’s how it can safeguard your business: Understanding Business Liability Insurance Running a business involves risks, and accidents or errors can…

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Cyber Insurance: Protecting Your Business against Digital Threats

By Cell Brokerage | September 1, 2024

Today, businesses of all sizes rely heavily on technology. While technology has brought numerous benefits, it has also introduced new risks. Cyberattacks, data breaches, and other digital threats pose a significant challenge to businesses. To protect your business from these risks, cyber insurance is becoming increasingly important. What Is Cyber Insurance? Cyber insurance is a…

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Top Five Benefits of Having Commercial Vehicle Insurance for Nevada Businesses

By Cell Brokerage | August 29, 2024

Insurance is essential for protecting your business. If an accident or damage occurs, it shields you from significant out-of-pocket expenses. For businesses in Nevada, whether you use vehicles to transport products or for client meetings, commercial vehicle insurance is crucial. Here are the top five benefits of having it: 1. Third-Party Protection Even with the…

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Collaborate with Insurers to Influence EMOD Calculations

By Cell Brokerage | August 15, 2024

For businesses that rely on workers’ compensation insurance, the Experience Modification Rate (EMOD) holds significant weight. It directly impacts your premium, acting like a report card for your workplace safety record and claims history. A lower EMOD means significant cost savings, while a higher one means you’ll have to pay more for insurance. What Is…

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