 If you are just getting a business off the ground, have bought equipment and started hiring employees, insurance should be top of mind.
 As a business owner you area already know you need to protect against and plan for external supply chain risks. These risks are often out of your control as they can affect suppliers or transportation providers, as well as transportation networks and infrastructure.
 The safe use of heavy equipment is critical when machinery such as bulldozers, graders or ground-moving equipment is used in the construction of new homes, bridges, shopping malls or other commercial buildings.
 The National Highway Traffic Safety Administration now classifies drowsy driving as "impaired" driving, putting it in the same category as driving under the influence of drugs or alcohol.
 Business insurance can get complicated. Businesses need to protect themselves against damage to their property, income they may lose if they have to shut down after their property is damaged, and the risk of lawsuits.
 Even businesses that own fleets of autos sometimes use vehicles that do not belong to them. Often, a company asks an employee to run an errand or visit a customer or vendor using that employee's car.
 Almost all businesses have some risk of being cited for pollution, even the most benign, such as a property owner.
 Commercial property insurance rates are continuing to climb, as the segment faces a number of headwinds that have pushed claims costs to new heights.
 As the COVID-19 pandemic drags on globally, supply chain disruptions continue getting worse and worse. Most main U.S. ports are logjammed with vessels waiting more than two weeks to load and unload, while a shortage of truckers means containers are piling up at port facilities.
 For decades road fatalities were on a steady decline thanks in large part to new technologies that have made our cars safer, like anti-lock brakes, airbags, early warning systems and better construction.
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The Friedman Group
501 Bell St.
Dubuque, IA 52001
Phone: (563) 556-0272
501 Bell St.
Dubuque, IA 52001
Phone: (563) 556-0272
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An AssuredPartners Agency
In February 2020, The Friedman Group joined AssuredPartners, the 10th largest insurance brokerage in the U.S. This partnership provides us access to additional capital and a national footprint that enables us to continue to negotiate the most favorable coverage terms and conditions for our clients, and allows us to provide an even broader spectrum of risk management support services.
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