News
Welcome to the Greenwood Insurance Blog, your go-to destination for the latest insurance news, insights, and expert analysis. Receive updates and industry insights to navigate the ever-changing insurance landscape.
What is Spoilage Insurance and Why Do I Need it?
Food spoilage is a big problem for restaurants. Food spoilage doesn’t only represent food and money being washed down the drain. It also exposes your restaurant to major liability risks if patrons consume foods that have spoiled and are, as a result, exposed to food...
Risk Assessment
When you are trying to decide on the right insurance policy for you—be it automotive, homeowners or even a type of commercial insurance, it is important that you spend some time going over your needs, so that you can obtain enough coverage, without overspending. One...
What is Liquor Liability Insurance and Why Do I Need it?
Any establishment that sells, serves, or assists in the purchase or use of liquor (i.e. dram shop) opens its doors for a liability claim as a consequence of someone getting drunk to the extent that injuries or property damages are the result. This includes...
Commercial Use of a Private Vehicle
There are millions and millions of vehicles being used in the United States at any given moment, and according to the U.S Census Bureau, at least one-fourth of those are used for work purposes. You may not think about it, but even those who have non-driving based jobs...
How to Prepare for Your Restaurant Health Inspection
Restaurants need to be in a constant state of readiness when it comes to health inspections. As a restaurant owner or manager, if you get in the habit of living up to these safety standards every day, there is less risk that something will be overlooked or forgotten...
Contractors Insurance: Knowing Your Liabilities
As a contractor, you need to be fully aware of what your liabilities are to ensure that you have the right insurance for each project. The liabilities you face will vary depending on your line of work. You know that you must have coverage for job-site injuries and any...
Remembering “The Station”
February 23, 2003 is a day that will go down in history—for all the wrong reasons. That day is noted as one of the deadliest nightclub fires in the history of the United States. That evening at “The Station”, a nightclub in West Warwick, Rhode Island, the heavy metal...
Manufacturing Insurance: Extra Liability for High-Risk Production
Manufacturers involved in the production or processing of hazardous materials face many challenges when it comes to federal and state regulations. You must meet numerous safety requirements and maintain comprehensive insurance coverage. Your business can face serious...
Why Work With An Agency
In today’s internet-based society, it is possible to purchase nearly any type of insurance product without working with a professional. You can log into your computer and access the website for dozens of insurance providers. If you are particularly computer and...
Understanding Builder’s Risk Insurance
No matter how large or small your contracting business is, you face risks during the course of your projects. Course of construction insurance, or builder’s risk insurance, is designed to provide your business with protection throughout the building process. In most...