Today, product liability remains a pressing concern for businesses. In this guide, you’ll learn the essentials of product liability insurance and how to protect your business. What is product liability insurance?Product liability insurance protects your business from legal claims of bodily injury or...
Professional liability insurance provides coverage for any damages due to claims of negligence or misconduct in the course of a professional conducting their duties and responsibilities. In other words: If you or your employees make a mistake—or are perceived to—and your client suffers a loss as...
InsuranceClaimsPoliciesRiskMassachusettesThe 'liability insurance crisis' is still a serious problem for certain categories of business -- especially daycare providers, architects, engineers, manufacturers, bars and restaurants, and recreation and sports organization. These business types suffer particularly ...
Berxi’s top-rated professional liability and small business insurance provides tailored coverage to protect your career or business. Get a free quote now!
So, if your approach to small business insurance is, "We won't carry it, but we'll be really careful in our operations," you can end up with a large bill even if a lawsuit is baseless. Types of Business Insurance: Common Claims Against Small Businesses and How General Liability Insuranc...
General liability insurance is the first, go-to insurance that small businesses will take out. The insurance is designed to cover claims against a business, and this is for: Bodily injury Property damage If a customer walks through the door and falls, your business may be responsible. Over 8...
Contact your claims carrier for questions and coverage information on your small business insurance claim.
Claims for physical loss, destruction or damage to tangible property caused by your business. Advertising liability Claims for stolen ideas, invasion of privacy, defamation, misleading advertising or unfair competition arising out of your business. ...
For businesses that rent the commercial real estate property in which they operate, general liability insurance protects against liability from the damage they may suffer due to fire, mold, floods, or other physical catastrophes. Lastly, business liability insurance also covers claims of false or mis...
insurance policyoffers small and midsize companies broad protection against financial loss. If a property is damaged by fire or flooding, the insurance company may pay the cost of repairs. It also might cover the owner’s legal liability for bodily injury to someone if the business is held ...