The Accel Advantage: Insurance and Financial Services

Local Business Insurance 101


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Welcome back to The Accel Advantage Podcast! This one’sfor all the entrepreneurs and hustlers. In today’s episode, we’re sitting down with Rachel Lee, Director of Commercial Lines PBU at The Accel Group, to discuss essential insurance coverages for local and Main Street business owners. Racheland host Corey Rekers explore common misconceptions about business insurance, share real-world stories, and chat about specific tips and tricks for various industries. Tune in now, and if you own a local business, reach out to [email protected] for your quick, no-pressure review!

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Chapters:

00:00 Introduction to Main Street Business Insurance

02:15 Understanding Common Insurance Misconceptions

05:32 Myth #1: Debunking General Liability Myths

09:43 Myth #2: I Don't Need Cyber Liability

13:42 Myth #3: Auto Liability

16:19 Myth #4: Workers' Compensation - 1099 vs.Independent Contractors

18:49 Real-World Example

22:29 Myth #5: Professional Liability

24:56 Final Thoughts and Resources for Local BusinessOwners

 

Keywords: business insurance, Main Street business, localbusiness, insurance misconceptions, general liability, cyber liability, commercial auto, workers’ compensation, professional liability, small business owners, insurance coverage

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The Accel Advantage: Insurance and Financial ServicesBy The Accel Group