Month: January 2025

Workers Compensation Insurance Quote with Carvo Insurance Group: Your Questions Answered

Q: What is workers compensation insurance, and why do businesses need it? A: Workers compensation insurance provides coverage for medical expenses, lost wages, and rehabilitation services if an employee is injured or becomes ill due to their job. In many states, including where Carvo Insurance Group operates, this coverage is legally required to protect both […]
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How Long Are Surety Bonds Good For?

Q: What is the typical duration of a surety bond? A: The duration of a surety bond can vary depending on the type of bond and the terms set by the obligee (the entity requiring the bond). Generally, most surety bonds are valid for one year. However, some bonds may last multiple years or have […]
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General Liability Insurance Coverage for Small Businesses: Your Questions Answered

Q: What is general liability insurance, and why do small businesses need it? A: General liability insurance protects your business against financial losses from third-party claims of bodily injury, property damage, or advertising injury. For small businesses, it’s a critical safety net that covers potential risks like: Without this coverage, your business could face costly […]
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Understanding Cyber Liability Insurance Limits: Your Questions Answered

Q: What is cyber liability insurance? A: Cyber liability insurance is designed to cover the costs associated with cyber incidents, such as data breaches, ransomware attacks, and business interruption due to system failures. This policy ensures your business is financially protected when cybercriminals strike. Q: Why are cyber liability insurance limits important? A: Policy limits […]
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