paladin5150 asked:

I have an independant insurance agency in Arkansas and would like additional sources of income. What business would be profitable and co-exist smoothly together?

Barry C asked:


I was just told by our insurance company that we must get a business policy in order for them to continue covering our homeowners policy because we run a business from the property, but don’t have coverage for it.

CoffeeDrinker asked:


I am the only employee of my small business (a C Corp). If I lease a car through the business, rather than personally, how does insurance change? Will coverage be more expensive? What if the car is only used 50% of the time for business and 50% for pleasure? What if my wife is occasionally using the car for non-business purposes?

ZeeZee asked:


As a small business, I’m finally getting around to looking at business insurance. God forbid I should get sued, but that would be the only reason I would get insurance at this point.

If I get sued (assuming I did nothing wrong that would terminate coverage), what are my responsibilities with regard to paying legal fees? What role will the insurance company play or what control will they have in the litigation process?

woowoototo asked:


I don’t want to spend extra money on business insurance because I have an inactive self-employed business and I don’t go to see clients often. What happens if I had a car accident on my way to see a friend? OR to see a cleint? Does it make a difference when I make a claim? What about % of my business use of car and personal use of car? Is it a major factor for the insurance company to define if it is business use or not. What about the nature of business? I am looking for some professional advices. Thank you!