Value of getting a good insurance agent; Certain coverages that are critical for all businesses; Variation of risks from business to business; Help provided by software systems as well as age...
Start your online business today. For free.Start free trial Running your own small business gives you entrepreneurial freedom but also comes with substantial risk. Faced with a lawsuit, for example, your company risks losing its assets—in the worst cases, it could spell the end of your ...
Most CGL policies do not cover intentional or expected damage by the insured. They also do not cover damages due to intoxication (in alcohol-related businesses), pollution, automobiles or other vehicles, damage to a business' work, or additional liabilities that the insured might take on. A bu...
Your business faces liabilities every day. The only way to protect your assets is to carry adequate business liability insurance. A Commercial General Liability (CGL) insurance policy is the first line of defense against many common claims. General Liability insurance covers claims of bodily injury ...
Commercial property insurance, which protects against damage to the property that you have bought or rented for your business Business income insurance, which protects against the loss of business income Professional liability insurance, which protects against errors that your business has made in the ...
Basically, this covers injuries, damage to any members of the public (or third-parties) on your business premises. This can include customers, visitors, and delivery personnel. This is a much more comprehensive cover for your business which not only takes care of your third-party liabilities bu...
Commercial general liability insurance provides the insured with coverage for common liabilities. It covers your legal fees in the case of lawsuits and pays out damages on your behalf if you’re found liable, up to the maximum limit set by your business insurance policy. Almost all businesses in...
What is Business Liability Insurance and Who needs It? For many owners of small business, ownerships like partnerships, sole proprietorship, etc can put the business as well as personal liabilities at great risk. Having business liability insurance helps you protect your business as well as ...
IT’S OUR BUSINESS TO PROTECT YOUR BUSINESS.Employment Practices Liability From the moment that you start the pre-hiring process until the exit interview, you are vulnerable to an employment-related lawsuit. As a result, your business should take a hard look at whether it can afford to defend...
But if you’re looking to insure your company, there’s a way you could pay under $1,000 total per year for both these insurance plans: a business owner’s policy (BOP) that protects both your business property and your liabilities. With a sound BOP in place, you can protect your ...