Insurance

Which Businesses Need Worker’s Compensation Insurance?

Posted on by admin

Each state has its own laws regarding workers’ compensation insurance. Some states require it if you have a specific number of employees above a certain threshold. It’s crucial to understand the rules in your state and the minimum number of employees that necessitate this type of commercial insurance. In Ohio, the requirement is straightforward: if you have one or more employees, you must have workers’ compensation insurance. This means every employee you hire requires coverage. To get started with workers’ compensation insurance for your business, call us at Capretta Insurance Agency in Parma, OH.

Covering Your Employees

According to Ohio law, it doesn’t matter whether an employee is full-time or part-time. All employees, including part-timers, must be covered. Additionally, you cannot wait until after an employee starts to arrange a workers’ compensation policy. The policy must be active on the day the employee begins working. Unless your business operates without any employees, you are required to have this insurance.

Seasonal and Contract Workers

In some cases, contract workers may not need to be covered by workers’ compensation insurance. However, in Ohio, certain contract workers are required to be covered during their contract period. Seasonal workers, on the other hand, are fully included in the requirement for workers’ compensation insurance. Even if you hire extra staff for just one day a year, they must all be covered under your policy.

Get Workers’ Compensation Insurance in Parma, OH

Workers’ compensation insurance is essential for your employees, but it’s equally important for protecting your business. Without it, you could face lawsuits, substantial medical expenses, and fines for non-compliance. Don’t put your business at risk by neglecting proper insurance coverage. Call us today at Capretta Insurance Agency in Parma, OH, to set up a policy that meets your needs.

What Does Renters Insurance Cover?

Posted on by admin

When you’re renting an apartment, it’s important to have peace of mind that you can afford to recover from certain disasters and covered events. Unexpected things like fires and burglaries happen all the time, and you can’t be sure that you can be safe from these events.

Knowing that you have the protection of renters insurance can make life less stressful. Here’s what you need to know about renters insurance from Capretta Insurance Agency servicing Parma, OH.

What Does Renters Insurance Cover?

Keeping in mind that policies vary, a typical renters insurance policy covers damage to your personal property in the event of a variety of unexpected events such as vandalism, theft, lightning, smoke, explosion or a windstorm. Renters insurance may cover your personal possessions up to a certain amount.

A policy will likely have coverage limits on individual items, with expensive items like jewelry needing special coverage to ensure protection. It’s important to pay attention to the coverage limits when getting a policy to ensure that your policy will cover what you need to be covered. 

Renters insurance can also offer personal liability coverage and medical payments to others if there’s bodily injury due to an occurrence. Finally, your policy may also pay for loss of use expenses, meaning if you have to stay in a hotel while waiting for your apartment to be repaired after a covered event, your policy may help with those expenses. 

How Can I Get Renters Insurance?

If you think that renters insurance is right for you, you can find out more about getting a renters insurance policy by calling Capretta Insurance Agency servicing Parma, OH. We’ll be happy to help you shop for a policy that fits in your budget and meets your needs. 

Do I Need Insurance if I’m Renting?

Posted on by admin

A common question that renters often ask is whether or not they need to have insurance when renting a house. The answer is yes, you should consider purchasing renters insurance.

Capretta Insurance Agency is here to explain the benefits of renters insurance and why it’s important for tenants in Parma, OH. 

What Does Renters Insurance Cover? 

Renters insurance covers a variety of things, including damage to your personal belongings and liability coverage if someone is injured while at your residence. It also provides coverage if you need to stay in a hotel due to an unforeseen event like a fire or flood. Depending on the policy, it may also cover identity theft and cyber-attacks. 

Why Is Renters Insurance Important? 

Renters insurance is important because it provides peace of mind knowing that you are protected from financial loss in case something happens to your belongings or someone gets hurt at your residence. It can also give you access to legal help should any issues arise between you and your landlord or other tenants in the building. Not only does this provide you with protection against potential lawsuits, but it can save money by avoiding costly legal fees associated with such issues.

Contact Us Today

Having renters insurance is an important part of protecting yourself financially when renting a home in Parma, OH. Not only does it provide protection against certain types of damages or injuries that could occur at your residence, but it also gives you access to legal help should any issues arise with your landlord or other tenants in the building. Contact Capretta Insurance Agency today, and we can get you the insurance coverage that’s right for you.