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Business travel expected to remain strong in 2013

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Business travel is usually a good indication of the status of the economy. When the environment is strong, firms are more willing to deepen their pockets for travel, but when times are tough, more virtual meetings need to be scheduled. Nonetheless, all small businesses need general liability insurance to protect their employees while on the road in the event of any injury.

Right as the economy appears to be getting stronger, a new study from Newsweek and The Daily Beast research department in partnership with Orbitz for Business, showed nearly three-quarters of business travelers expect to see either the same amount or more trips throughout 2013.

Business travelers opt for online bookings
The days of calling a travel agent to schedule a trip are coming to a close as business travelers can turn to online resources to book their flights and accommodations. Nine of out 10 respondents said they schedule their trips online at least some of the time with more than two-thirds saying they book at least 75 percent of their travels via the internet.

“The results of this survey reinforce what we’ve learned from our clients – booking travel online provides a much more satisfying user experience, as evidenced by our customers’ 90 percent online adoption rate, and business travelers save money for their employer by complying with corporate policy wherever possible,” said Mark Walton, vice president of global strategic accounts at Orbitz for Business.

Remain productive while traveling for the company
Today’s business world requires employees to be efficient even when they are traveling thousands of miles to meet with clients. A recent article for Entrepreneur magazine shared a list of ways business travelers can maximize their time. The magazine suggests employees can:

  • Create a portable calendar and make a schedule for each day spent out of the office
  • Use keyboard shortcuts on laptops, tablets and smartphones to type messages, emails and notes faster
  • Take advantage of offline time on the flight by writing pitches or drafting emails
  • Build a to-do list on a smartphone app that creates efficiencies and allows for better productivity while on the road

Using these simple tips can not only make business travel a breeze, but it will help small-business owners manage employees when they are on the road.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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