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Lonnie Said:

Do aircraft maintenance mechanics and business owners need insurance?

We Answered:

yes everyone needs insurance most of the time individual mechanics are covered under they're employers but all reputable avaition companies carry insurance

Joel Said:

Small business owners - what type of business and what insurance do you carry?

We Answered:

You need business auto insurance on the vehicles that the repair people drive. Regular insurance won't pay any claims if you are using private vehicle insurance for business use. This can be an actual business policy or in most cases your regular insurance can be classified as business.

Depending upon your business you could possibly need to be bonded. Some clients won't use your services if you're not.

Will your business fall on hard times or possibly fail if one of the employees dies? A life insurance policy would help there.

Jay Said:

Can small business owners file for Unemployment Insurance?

We Answered:

Not unless you set up the business to where you are an employee and have paid the business share of covering unemployment for your employees. Which it does not sound like you did. If you did then you would have to fire or lay yourself off and do no further business.

Sergio Said:

Home owners or Business Insurance Question.?

We Answered:

"Normal" homeowners doesn't cover business equipment. Business owners has a territory limitation.

Likely, unless you had this covered under an equipment floater, you're SOL on the equipment.