What is Workers’ Compensation Insurance?
If you’re a business owner, you may be curious about the importance of worker’s compensation insurance. If you’ve never set up commercial insurance before, it can be a bit confusing to understand the different types of commercial policies that exist and which ones are required, and what details you should consider. At Cole Harrison Insurance, […]
What is Inland Marine Insurance?
If you’re unfamiliar with inland marine insurance, it’s a type of insurance policy that covers property and goods transported or stored within a country’s borders. This type of insurance is separate from global marine insurance. It provides coverage for goods that are in transit, as well as items that are stored in warehouses, factories, and […]
Homeowners Insurance in Maine
Homeownership has been on the rise; 2022 statistics show the highest rates since 2011. Homeowners insurance is an important part of protecting your home and property. For most families, the home is your biggest investment; at Cole Harrison, we want you to have peace of mind that it’s protected. This article will discuss the importance […]
What is the Minimum Car Insurance Required in Maine?
When it comes to car insurance, there are certain requirements that drivers must meet to legally operate a vehicle in Maine. Understanding the minimum car insurance requirements can help ensure you are adequately covered and compliant with state laws. In this blog post, we’ll look at the minimum car insurance required in Maine and how […]
What Insurance Do I Need for a Small Business?
Starting a small business is an exciting venture, but it can also be overwhelming. One of the most important things to consider is what type of insurance you need to protect your business and its assets. The right insurance coverage can help protect your business from potential losses due to accidents, lawsuits, and other unforeseen […]
What Is An Umbrella In An Insurance Policy?
People buy insurance for many reasons. Insurance policies are designed to provide financial protection against a variety of risks that come up in our daily lives. Many people have never heard of an Umbrella Policy; only about 10% of homeowners carry umbrella insurance. But it’s an excellent product that would benefit most people. An umbrella […]
Do I Need Insurance For An LLC?
Many people register their businesses as limited liability companies (LLCs). This is a significant first step in protecting your assets and reducing liability. According to recent statistics, as many as 17 million small businesses opened in 2022. But unfortunately, the LLC structure typically only protects the owner’s personal property from lawsuits, and even that protection […]
What Is The Difference Between An Independent Agent And A Broker?
When you need to purchase insurance, knowing whether you should work with an agent or a broker can be confusing. One thing that both agents and brokers agree on is that seeking professional guidance is the right course of action. In a widely cited study, The Hartford reported that 40% of small businesses would file […]
What Do I Need To Know About Commercial Insurance?
Commercial insurance is a type of insurance coverage for corporations and businesses. These policies cover the company, its employees, and its ownership. Commercial insurance is not a one size fits all business because there are many commercial industries with various insurance needs. For instance, large corporations need different policies than small, locally owned businesses. At […]
The Basics of Boat Insurance
There is nothing like enjoying a day in a boat on the water with your family. But when you own a boat, you need to have peace of mind that you are protected with boat insurance. When deciding which type of boat insurance is best for you, you need to know the basics before you […]