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Monthly Archives: March 2023

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wet floor sign emphasizing liability for businesses

Why Your Business Needs General Liability Insurance

BusinessBy Hermann InsuranceMarch 23, 2023Leave a comment

What General Liability Insurance Covers As a business owner, you have many vulnerabilities. You deal with the economy’s whims, changes in your industry, and potential loss due to several potential liabilities. While you can’t fix the economy, you can protect yourself with the right insurance. General liability can cover small businesses and the self-employed and…

an accident of a man worker at a construction site, needs bonded insurance

Why Contractors Need To Be Bonded and Insured

Personal InsuranceBy Hermann InsuranceMarch 8, 2023

What Is a Bonded Contractor? A bonded contractor is backed by a third-party company known as a surety company. A surety company provides a guarantee of payment to the obligee that the principal will fulfill their obligations.    Before the surety company issues a bond, a contractor must meet the surety’s rigorous process of meeting…

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