Imagine coming to work one day and finding that your whole company had been locked out of its computer systems, with a ransom note left behind. Or imagine hackers stealing your clients’ financial or medical information and posting it on public websites. These are just some of the real-life cybersecurity horror stories that small business …
Is Your Business Underinsured Due to Inflation?
It’s no secret that inflation is raising the costs of goods and services. Higher wages and higher interest rates are also having an impact on the cost of doing business. But these factors also raise how much it may cost to rebuild or resume operations after an insurance claim. As a result, your business may …
Flood Insurance is Changing
Significant changes have arrived when it comes to flood insurance. On April 1, 2022, the Federal Emergency Management Agency (FEMA) rolled out its new system of determining flood insurance premiums, called “Risk Rating 2.0”. It’s the most significant update since the National Flood Insurance Program began in 1968. About the National Flood Insurance Program Flood …
Tornado Insurance
The growing frequency of severe weather, including tornadoes and severe thunderstorms, is causing a more significant impact on businesses. Recovering from a disaster can be costly and time-consuming without the right insurance. But if your business prepares for disaster, you’re more likely to be up and running again quickly. The peak of tornado season is …
Statement on the Springdale Tornado
Here at Farris Insurance Agency, we are devastated to hear about the damage in our community due to an EF-3 tornado that touched down early Wednesday morning, March 30. We are all SAFE and AVAILABLE to take your calls and assist in any way we can during this difficult time. If you need to file …
Common Scams Targeting Small Businesses
Scammers are using new tactics to try and take advantage of people and businesses during the COVID-19 pandemic. Many of these scams are happening over the phone, email, text, and social media and target your money and identity. The Better Business Bureau Serving Arkansas and the Better Business Bureau Education Foundation recently held an online …