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Insurance
Track insurance costs, premiums, and coverage details
Business Overhead Expense Insurance: Who Pays Rent and Payroll If You Can't Work?
Business Overhead Expense (BOE) disability insurance reimburses a business for fixed costs — rent, staff payroll, utilities, leases — when the owner can't work due to illness or injury. It excludes the owner's own salary, pays 12 to 24 months after a 30-, 60-, or 90-day elimination period, and typically costs 1% to 3% of the monthly benefit per year. Premiums are deductible; benefits are taxable to the business.
Your Workers' Comp Premium Audit Is Coming: How to Pass Without a Surprise Bill
A workers' comp premium is payroll ÷ 100 × class rate × experience mod, so the year-end audit re-tests both variables against your actual records. This guide covers the three audit types and what triggers each, the documents auditors request, why overtime premium is only excludable when recorded separately by employee and week under NCCI Rule 2-B-2, the 2026 NCCI officer caps of $3,400 weekly maximum and $1,700 minimum, and why payments to a subcontractor without a current certificate of insurance get charged to you as payroll.
California's SB 216 Workers' Comp Mandate Was Delayed to 2028: What Contractors Must Still Prove by January 2026
SB 216 would have required every licensed contractor to carry workers' comp by Jan 1, 2026, but SB 1455 pushed universal coverage to Jan 1, 2028. Learn who must still prove coverage now and how to stay licensed.
Crime Scene and Biohazard Cleanup Business Bookkeeping: Billing, Insurance Claims, and the Cost Structure Most Owners Underprice
Crime scene cleanup jobs range $1,500 to $45,000+ and most are insurance-paid. Learn how to price biohazard labor and disposal, bill insurance directly, and document for adjusters and victim programs.
When Insurers Stop Renewing: A Small Business Owner's Guide to California's Non-Renewal Wave and How to Stay Covered in 2026
State Farm, Farmers, Liberty Mutual and others have paused or non-renewed 42,000+ California policies. Learn why catastrophe exposure and costs are driving exits and the 6-month notice and FAIR Plan fallback.
ISO Generative AI Exclusions Start Jan 1, 2026: What CG 40 47 Means for Your CGL Policy
Verisk/ISO CG 40 47, CG 40 48, CG 35 08 exclude generative AI losses from CGL from Jan 1 2026 — what is excluded and how to close the gap.
California's Wildfire Insurance Crisis Just Got New Rules: What SB 547's Non-Renewal Moratorium Means for Commercial Property Owners
California's SB 547 imposes a non-renewal moratorium after wildfires for commercial property. Learn what the moratorium covers, how long it lasts, and the documentation that keeps a small business insured.
Embedded Insurance at Checkout: How the $180B+ Market for Software-Bundled Business Coverage Is Changing How Small Businesses Buy Insurance
Embedded insurance at checkout is a $180B+ market where coverage is sold inside the software you already use. Learn how checkout and API-bundled policies work, what they cover, and the bookkeeping that keeps bundled premiums auditable.
Christmas Light Installation Business Bookkeeping: Deposits, Cash Flow, and the Off-Season
Christmas light installation businesses collect nearly all their annual revenue in a six-to-eight-week window each fall, so booking October deposits as deferred revenue and sizing a reserve to a ten-month off-season — not the generic three-month rule — determines whether the business survives to next November.
Employee Dishonesty Insurance and Fidelity Bonds: What They Cover and What They Don't
A fidelity bond (employee dishonesty insurance) covers employee theft, forged checks, and payroll fraud that general liability and property policies exclude, and it's legally required for anyone handling a 401(k) plan's assets under ERISA.
Bookkeeping for Paragliding and Hang Gliding Schools: Ratings, Gear, and Weather-Delayed Revenue
How to set up bookkeeping for a paragliding or hang gliding school — split tandem vs. solo revenue by USHPA rating level, capitalize $4,500–$9,000 wing/harness/reserve setups as depreciating fixed assets, track PASA certification and site insurance as recurring compliance costs, and hold weather-delayed tandem deposits as unearned revenue until the flight is flown.
Tax Liability Insurance in Small Business M&A: How to Close a Deal With a Known Tax Risk
Tax liability insurance transfers one specific, identified tax risk — an invalid S-corp election, a Section 382 NOL limit, QSBS eligibility — to an insurer instead of a price cut, escrow, or seller indemnity. Premiums run 2–5% of the insured limit, underwriting takes two to four weeks, and most carriers want exposure above roughly $1 million. Here's how it works and when to raise it before a closing deadline.